Insurance

How Boat Insurance Protects Against Theft of Equipment and Accessories

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Your boat represents a significant investment, but it’s not just the hull you need to worry about. All those electronics, fishing gear, and accessories can add up to thousands of dollars. At Tim Huber Insurance in St. Augustine, FL, we help boat and watercraft owners understand how their coverage protects against theft of valuable equipment.

What Does Your Policy Cover?

Most boat insurance policies include coverage for permanently attached equipment, such as GPS units, fish finders, and radio systems. This coverage typically applies to items that are bolted down or hardwired into your electrical system. However, the definition of "permanently attached" can vary between insurers, so it’s important to review your specific policy language.

Personal property coverage is another key component. This protects removable items like fishing rods, tackle boxes, life jackets, and portable electronics. Many policies set limits on personal property coverage, often around 10% of your boat’s insured value.

Understanding Policy Limitations

Here’s where things can get complicated. Many policies only cover theft when there is evidence of a break-in, such as signs of forced entry. If someone takes your unsecured fishing gear while you’re grabbing lunch, you might not be covered. Some insurers also exclude coverage for theft of items left in open areas, such as on deck or in unlocked compartments.

High-value electronics often require special consideration. For example, a $5,000 fish finder might exceed your standard limits, necessitating additional coverage or a scheduled item endorsement.

How to Protect Your Investment

The best strategy combines proper insurance with smart security practices. Document your equipment with photos and serial numbers, use locks, and consider removing valuable portable items when leaving your boat unattended.

Tim Huber Insurance in St. Augustine, FL, can review your current coverage and help ensure your valuable boat equipment is properly protected.

Condo Insurance Coverage for Personal Belongings Inside the Unit

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In Florida condo living, it’s easy to assume the building’s insurance covers everything, but it doesn’t. The condo association’s master policy typically protects the structure and shared areas, not the contents inside your unit. That means your sofa, TV, clothing, kitchenware, and other personal items aren’t covered unless you have your own condo insurance, ideally through Tim Huber Insurance, serving St. Augustine, FL.

How Personal Property Coverage Works

Your condo insurance policy includes personal property coverage, which protects your belongings from events like theft, fire, vandalism, and certain types of water damage. In Florida, where storms and hurricanes are common, this coverage is especially important. For instance, if a wind-driven rainstorm causes interior damage or a pipe bursts unexpectedly, you’ll want protection for your possessions.

Actual Cash Value vs. Replacement Cost

There are two main ways your insurer can reimburse you: actual cash value (ACV) or replacement cost. ACV pays you based on the item’s current value, factoring in depreciation. Replacement cost, on the other hand, covers the price of buying a new version of the item. While replacement cost coverage may increase your premium, it typically provides more value when filing a claim.

Don’t Overlook Special Items or Flood Risk

Standard policies often have dollar limits on high-value items like jewelry, fine art, or collectibles. To fully protect these belongings, you may need to add scheduled property coverage. Additionally, most condo policies don’t cover flooding, which is an important consideration in Florida. If you live near water or even in a low-risk zone, adding separate flood insurance could save you from significant financial loss.

Having the right condo insurance is about more than meeting basic requirements; it’s about ensuring your belongings are protected when it matters most. At Tim Huber Insurance, serving St. Augustine, FL, we’re committed to helping you get the coverage you need. Contact us today to learn more.

Does Your Life Insurance Cover You While Traveling or Living Abroad?

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If you’ve caught the travel bug or are planning to live overseas for a while, it’s natural to wonder how your life insurance fits into the picture. At Tim Huber Insurance in St. Augustine, FL, we often get questions from clients who want to ensure their coverage travels with them. The good news? In many cases, it does, but it’s not always that simple.

Traveling vs. Living Abroad

There’s a big difference between taking a two-week vacation and moving to another country for several years. Most life insurance policies will still cover you if you’re traveling short-term, as long as your premiums are paid and the policy is active. However, if you’re relocating permanently or spending a significant amount of time abroad, your insurer may need more details about your destination, the length of your stay, and your health status.

Risk Factors Matter

Insurance companies assess risk when issuing and maintaining policies. Countries with high political instability, limited medical care, or dangerous living conditions may raise concerns. If you’re living in a high-risk area, your coverage options might change—or you may need to explore a policy specifically designed for expatriates.

Keep Your Policy Updated

One of the most important steps you can take is keeping your insurer informed. If your residency status changes or you’re planning extended international travel, talk to your agent about how it could affect your policy.

At Tim Huber Insurance in St. Augustine, FL, we’re here to help you navigate your coverage no matter where life takes you. Before you pack your bags, let’s review your life insurance together and ensure you’re protected at home and abroad.

The Difference Between Flood Damage and Water Damage (And Why It Matters)

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If you’ve ever had water in your home, you know how stressful it can be. However, did you know that not all water damage is treated equally by insurance companies? At Tim Huber Insurance in St. Augustine, FL, we often help clients understand the critical difference between flood damage and water damage—and why it matters when you need to file a claim.

Flood Damage vs. Water Damage: What’s the Big Deal?

Here’s where it gets tricky. Flood damage is typically defined as water that enters your home from a natural source, like an overflowing river, heavy rain, or storm surge. It usually affects more than one property in your area and originates from outside. Water damage, on the other hand, is most often caused by things like burst pipes, an overflowing washing machine, or a leaky roof—issues that start inside your home.

Why It Matters for Your Coverage

The biggest mistake homeowners make is assuming their standard home insurance policy covers all water-related disasters. Unfortunately, that’s not the case. Most homeowners’ policies cover water damage, but not flood damage. To be protected from flooding, you need a separate flood insurance policy.

If your home is in a high-risk area—or even if it’s not—it’s essential to think ahead. Waiting until after a storm hits is too late. Insurance companies usually have waiting periods before flood policies take effect, so planning now can save you major headaches later.

Get Covered Before It’s Too Late

At Tim Huber Insurance in St. Augustine, Florida, we understand the devastating impact of water damage. Let us help you understand your risks and make sure you’re covered from all angles. Reach out today to get a free quote and peace of mind.

Does Commercial Property Insurance Pay For Liability Lawsuits?

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Commercial home insurance, often referred to as commercial property insurance in St. Augustine, FL, is designed to protect business owners’ assets. While this type of insurance isn’t always legally required, many business owners choose to purchase a policy through companies like Tim Huber Insurance to safeguard their investments.

Commercial Property Insurance

Commercial property insurance provides coverage for damage to the physical structure of a building, but it does not cover liability lawsuits. This type of insurance typically protects against certain natural disasters, such as wind damage, fire, theft, vandalism, and similar events. To understand the specifics of your policy, it’s important to speak with a representative who can clarify what is covered.

Commercial Liability Insurance

Liability insurance is required by law in most states. This type of insurance provides coverage in the event of a liability lawsuit, such as a product liability claim or an injury on the property. For example, if someone slips on a wet floor without a warning sign, liability insurance can help cover the costs associated with the lawsuit.

Workers’ Compensation Insurance

Liability insurance typically excludes coverage for employee injuries, as these are handled through workers’ compensation insurance. Many states require business owners to carry workers’ compensation insurance to cover expenses related to workplace injuries. This insurance can help cover medical bills, lost wages, and other related expenses.

In some cases, workers’ compensation insurance will cover medical expenses and lost wages, while liability insurance may handle settlement costs for a related liability lawsuit.

Contact Tim Huber Insurance in Augustine, FL

Navigating the different types of commercial insurance can be overwhelming. Representatives at Tim Huber Insurance are here to simplify the process and help you find the right coverage for your business. Contact us today to discuss your needs. We proudly serve the St. Augustine, FL area.

Will My Classic Car Insurance Cover Car Show Damage?

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If you’re gearing up to showcase your vintage gem at one of Florida’s numerous classic car events, knowing whether your insurance provides comprehensive coverage is crucial. While classic car insurance typically offers robust protection, the specifics around event-related damage aren’t always clear-cut. Tim Huber Insurance, serving St. Augustine, FL, aims to clarify this.

Car Show Coverage Often Depends on the Policy

Classic car insurance usually includes protection for limited use, which may cover car shows, exhibitions, and parades. Many insurers consider these events "pleasure use". However, you’ll want to verify that your policy explicitly mentions car show participation. Some carriers include it as a standard feature, while others require it to be added separately.

Transport Requirements May Apply

Some policies stipulate that your vehicle must be transported to and from the show using a trailer. If your classic car is driven to the event and something happens en route—or at the show itself—you’ll need to know whether driving it was within the limits of your policy’s agreed terms.

What Kind of Damage Is Covered?

If your policy includes coverage for car shows, it generally applies to damages caused by accidents, vandalism, falling objects, or weather-related incidents that occur at the event. If someone leans too hard on your fender or a tent collapses onto your hood, you could be protected if those situations are outlined in your coverage.

Consult Before You Attend

Before attending your next show in St. Augustine or elsewhere in Florida, speak to your agent. Ask about your coverage specifics, including any exclusions or limitations during public events. A quick conversation can save you from confusion or surprise if damage occurs.

With the right policy and a bit of preparation, you can confidently enjoy car shows, knowing your investment is protected. Why not learn more so you have all the details? Contact Tim Huber Insurance serving St. Augustine, FL, today.

What’s The Difference Between Motorhome Home Insurance And Homeowners Insurance?

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Many people live in their motorhomes, so it’s understandable they want coverage similar to what homeowners have with homeowners insurance. The main difference between the two is that homeowners’ insurance covers dwellings in one location, classified as houses, while motorhomes are covered under recreational vehicle insurance. There are a few more key differences to understand.

Coverage

Homeowners’ insurance will likely cover your St. Augustine, FL home in case of natural disasters, fires, theft, and other scenarios. It usually includes personal protection coverage. Many policies also cover structures on your land.

Motorhome coverage works more like car insurance. Basic liability insurance will cover the other person’s vehicle and medical bills if an accident occurs. Coverage will travel with you to ensure you’re covered while on the road. Additional levels of coverage are often necessary to keep you covered in other circumstances, such as theft and natural disasters.

Legalities

Most states don’t require homeowners’ insurance. Mortgage companies may need it, but homeowners who don’t have a mortgage can decide whether they want it. Most people prefer to have homeowners insurance.

Motorhome insurance typically falls under auto insurance laws. Florida law requires liability car insurance, meaning that motorhomes driven on the road are legally required to have insurance, too. Tim Huber Insurance agents can help you obtain motorhome coverage.

There are several differences between the types of insurance, even if you use your motorhome as a home. Agents at Tim Huber Insurance can help you understand the difference to ensure you have the necessary coverage. We’re currently serving the St. Augustine, FL area. Contact us today to learn more.

What Are The Storage Requirements With Classic Car Insurance?

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Classic car insurance policies often require specific storage locations for vehicles. Insurance companies also consider the storage location and facility when determining rates, as climate-controlled, secure facilities are more likely to limit potential damage to cars. If you live in or near St. Augustine, FL, and have questions about your classic car or other insurance coverage, contact the Tim Huber Insurance team for assistance.

Classic Car Insurance and Storage Requirements

Some insurers will not write policies for classic cars not kept in covered and secured facilities, while others will handle vehicles stored in a driveway or similar location. However, as mentioned earlier, insurance companies will consider your car’s storage conditions when determining your premium. Cars left in the open more easily suffer animal and wind damage, as well as vandalism. Indoor storage can range from a backyard garage to a dedicated outbuilding to a secured facility appropriate for high-end classic cars, and the proper storage often depends on your car’s value.

Insurers also consider your location. St. Augustine is subject to humidity and salt in the air, which can factor into the level of protection your car needs and your insurance pricing. So, the general rule is to match the level of storage your classic car needs with its value. However, if you cannot store your classic car in a protected environment, ask your agent to find a policy that matches where you plan to store your car.

Classic Car Insurance with Tim Huber Insurance

The Tim Huber Insurance team will help you design classic car insurance that meets your requirements. If you live in the St. Augustine, FL, area, call us today at (904) 824-2555 or stop by so we can assist you with all your insurance needs.

Umbrella Insurance for Home-Based Businesses

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Running a business from the comfort of your home in or around the greater St. Augustine, FL area can be incredibly rewarding. But as any entrepreneur knows, it also comes with its share of risks. Whileadvantageousiness owners rely on their homeowners or business insurance to protect them; there’s a gap that many don’t realize exists. That’s where umbrella insurance comes in—a policy that offers additional protection when your primary coverage falls short. At Tim Huber Insurance, we’re here to help you understand why this extra layer of coverage is worth considering.

Why Home-Based Businesses Face Unique Risks

When you operate a business out of your home, your risks aren’t limited to the four walls of your house. For example, if a client trips and falls on your property during a meeting or your business is held liable for an issue related to your services, the costs could easily exceed your standard liability limits. Homeowners insurance and even basic business policies typically have caps that might leave you paying out of pocket. Umbrella insurance steps in to cover those excess costs, so you’re not left financially vulnerable.

The Added Benefits of Extra Coverage

Umbrella insurance doesn’t just protect your business; it safeguards your personal assets as well. In the event of a lawsuit, your home, savings, and retirement accounts could be at risk. Umbrella insurance provides peace of mind, ensuring that your hard-earned assets are protected if the unexpected happens.

Ready to learn more? Contact Tim Huber Insurance, proudly providing umbrella insurance solutions to residents in and around the greater St. Augustine, FL area to explore how umbrella insurance can secure your home-based business and financial future. Let’s create a plan that works for you!

Flood Mitigation – How Coverage Comes into Play

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Your home’s flood coverage may cover many of the needed flood mitigation steps. Learn about some services that your policy may cover.

Inspection Processes

Your home may require one or more inspections after flooding. An inspection will determine the severity of the flood and which mitigation steps will be needed to rehabilitate your property.

New Materials Needed To Rebuild

Your flood insurance policy may cover the materials needed to rebuild your home. One mitigation step is to determine which structural materials have been compromised by floodwaters.

If a contractor has been assigned to inspect your property, they will prepare a list of all the materials that cannot be salvaged. Before the flood mitigation efforts are conducted, you will receive feedback that will allow you to learn about the project’s complexity.

Your flood insurance policy may absorb some of the costs you face. The coverage may handle the cost of replacing flooring, wall materials, and other essentials.

Drying and Cleaning Processes

All the items in your home may not need to be replaced. Some mitigation steps that may be needed could include drying and cleaning items. Your flood insurance policy may cover these steps.

Drying and cleaning processes may be conducted on your property or at a remote location. The contractor who oversees these mitigation steps will consult with you about how they will be conducted.

Contact An Agent Who Serves St. Augustine, FL

Set up an appointment with one of our Tim Huber Insurance agents. An insurance agent will consult with you and discuss your flood insurance policy.