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A Person Surrounded by His Harvest | Miami, FL | Max Value Insurance Group
20 Sep, 2023
Think of how much it cost you to construct a barn, silo or equipment garage. You don’t want to watch that investment be destroyed in a tornado or go up in flames in a fire. And to make matters worse, you certainly don’t want someone to enter these buildings and damage them or steal the items inside. In the end, losses like these could hamper your farm’s operations, cause a massive financial loss and ultimately impact your personal security. While your agricultural insurance can be a resource during your recovery, you don’t want to put the property in harm’s way, regardless. Consider implementing a strong risk management and security strategy throughout your property. That way, you’ll know that you have done everything you reasonably can to protect your property. Getting Property Security Right Farm building security is multi-layered and involves both maintaining your property and making sure you have a strong security apparatus in place. Primarily, you should never neglect to maintain these buildings, as deterioration or damage could create numerous hazards. Therefore, making repairs regularly will help you increase the overall soundness of the property and keep potentially unwanted guests from entering. Furthermore, by instituting a security system not only on office areas, but also throughout the property, you will be able to consistently monitor the comings and goings of others and conditions on the property. Along with burglar alarms and cameras, systems like fire or carbon monoxide detectors can immediately notify you of a problem on some part of your land, and you’ll immediately know what to do to get the problem under control. Still, don’t hesitate to work with your farm insurance agent to ensure you have the best possible property coverage for you. We know you can’t prevent every accident, which is why you should be able to rely on a reliable benefits package to help you pick up the pieces if the worst does happen.
Picture of A Stretching Woman | Miami, FL | Max Value Insurance Group
24 Aug, 2023
Between work and life’s various responsibilities, it can become hard to stay active and exercise on a regular basis. This is especially true during winter, when many people simply feel like hibernating until the cold dissipates. Unfortunately, daily activity is a necessity that needs to be squeezed in to remain in good health. But how? Use these tips to stay motivated, even on the toughest days. Team Effort From running errands to running a marathon, it’s always easier to get up and go if you have company. Find someone with similar fitness goals so you can motivate and push each other. No one around when you need a boost? No problem! Grab a leash and take your dog for a walk around the neighborhood. Hey, we didn’t say your exercise buddy had to be human! Diversity Following the same workout routine every single week gets dull over time, which can cause you to skip out on exercise. If you’re sick of the same boring old gym routine, switch it up; take a dance class, plant some new bushes that can survive the winter, clean your house, window shop around the mall or basically do anything that gets you up off the couch. Keeping Track Do you find it easier to stay on track of your exercise if you keep track of it? Get a calendar specifically to monitor your activity. Mark every day that you get at least 20 minutes of physical activity with a black “X.” Mark every day that you miss out with a red “X.” Your goal should be to have no more than three red marks per month. Each red mark acts as a bit of motivation. Distractions Many people stray from exercising because it’s easy to grow bored while out jogging or lifting weights. But giving up isn’t the answer. Instead, distract your brain by listening to your favorite music, an audiobook or a podcast. You may even find yourself exercising for longer than you intended because you’ve become so caught up in listening. Let us be your partner in wellness. Call Max Value Insurance Group at for more information on health insurance.
A Person Riding a Motorcycle | Miami, FL | Max Value Insurance Group
18 Jul, 2023
Though many bikes and motorcycles are inexpensive (as compared with cars), others can cost tens of thousands of dollars. Like with car purchases, many individuals purchase their motorcycle through a loan. There’s nothing wrong with that, but it may require you to take a closer look at the motorcycle insurance that you carry on that bike. Even if you do not have a loan, having comprehensive coverage onto your bike’s policy is important. It safeguards your investment; and ensures that you can spend more time riding and less time worrying.  What Your Loan Requires Take the time to read through your loan documents. What you may find is a requirement there to maintain comprehensive coverage on your motorcycle. This means you’ll need to have coverage for most of the risks your bike faces while the loan is in place. This may include the following types of coverage: Property protection to cover the value of the bike; generally, at least the amount owed on the loan, though covering the entire value of the bike is beneficial. Liability insurance , which is a requirement in most states. Collision insurance that protects the bike in instances in which you damage it in an accident. Comprehensive coverage that provides protection from fires, theft, vandalism and other types of accidental or unpreventable losses. Uninsured or underinsured motorist coverage , which helps cover the costs related to your bike in instances where another driver does not have any or enough coverage for the damage they’ve caused. Why does your motorcycle lender care if you have this type of comprehensive motorcycle insurance? It’s simple. They’ve invested in your bike. Your bike is the collateral used to secure the loan. If something happens to your motorcycle, the insurance policy can pay out enough to cover what you owe on the loan. It is a way to safeguard their investment in the purchase. If you are planning to obtain a loan for your bike, be sure to look at the details to ensure all of the coverage you need is in place. Your insurance company can help you to make sure you remain in compliance with your loan contract, as well as properly protected for the investment you are making.
Picture of A Flooded Area | Miami, FL | Max Value Insurance Group
19 Jun, 2023
Many homeowners think that if they have home insurance, they’re covered against any and all damages. However, it’s important to understand what flood insurance can do for you—as well as its limitations—in order to determine if it’s worthwhile to add this coverage to your personal insurance portfolio. Below we discuss three common misconceptions about flood insurance.  Misconception #1: Floods are covered by homeowners insurance. While home insurance often covers flooding from internal sources (such as cracked pipes), it does not cover flooding from external sources (such as heavy rain or tidal waters). Speak with your independent insurance agent about the specifics of your policy to avoid learning that you’re not covered after disaster strikes. Misconception #2: Flood insurance is only necessary if you live near water. While areas near the coast may be more susceptible to flooding, floods can happen anywhere and at any time. Flooding occurs when too much water enters an area, and the ground cannot absorb the water fast enough. Heavy rains, overflowing storm drains, oversaturated ground and other environmental circumstances can all lead to flooding. As such, flood insurance can provide value no matter where you live. Misconception #3: Flood insurance is too expensive. Flood insurance premiums are based on your area’s risk; a high-risk area will have higher premiums. If you live in a high-risk area, your mortgage lender may even require you to purchase flood insurance. In any case, the cost of your flood insurance is well worth it. After all, this coverage can offer much-needed protection against the substantial recovery costs that often accompany flood damage.
A Dad and His Daughter Looking at A Laptop | Miami, FL | Max Value Insurance Group
31 May, 2023
Life insurance provides your beneficiaries a death benefit in the event of your passing. This means you can protect your family financially if you die. However, other serious situations could jeopardize your family’s financial security during your lifetime, particularly if they prevent you from working and bringing home an income. Life insurance doesn’t always protect these situations, but other insurance policies do. The following policies can protect your family financially if you face a life-altering condition. Cancer Insurance In many instances, people who are battling cancer find themselves unable to work — as treatment can be very time-consuming and draining. A cancer patient might have to quit their job to pursue treatment, forfeiting his or her employer's coverage. And without a regular income or employer-based healthcare coverage, cancer treatment costs can be prohibitively expensive. With a cancer insurance policy, you can get financial assistance with your medical expenses. Critical Illness Coverage Americans battle with many types of critical illnesses that are not cancer, as well. Some of these illnesses force them to have serious surgeries. Critical illness coverage typically covers medical emergencies, such as angioplasty, paralysis, or major organ transplants. If you meet the conditions of a critical illness policy, you’ll likely receive a lump sum payment from your insurance. A critical illness policy can help you provide for your family and receive the treatment you need. However, it will also likely prevent you from using the living benefit of your life insurance policy. Short and Long-Term Disability Insurance People experience injuries all the time, both at work and in their free time. In some instances, they find themselves unable to return to work due to a permanent disability. In these situations, family members often struggle to make ends meet. Regardless of whether they have a savings account or not, this can easily lead to financial disaster. But there are resources available to deal with this issue. One way to protect your accounts from the effects of disabilities is by purchasing short and long term disability policies. These policies work to ensure your family has at least a portion of your income for a certain number of weeks. This can generally help you meet your monthly obligations without spending your savings. Accidental Death and Dismemberment Accidental death and dismemberment (AD&D) is another policy to consider. The policy pays you if you accidentally die or something dismembers you. An AD&D policy will financially secure your family if you die an accidental death. It might add an extra layer of protection to life insurance .
Home Miniature on Top of Stacked Coins | Miami, FL | Max Value Insurance Group
26 Apr, 2023
In some cases, you may not want to remain with your current home insurance provider after a claim. You may even be tempted to cancel your policy while a claim is still open. While it is possible to do so, there are certain things you should keep in mind. Switching Insurance During or After a Claim Can Raise Your Rates If the goal in switching your home insurance policy is to save money, this may not be the best decision to make after or during an open claim. The more claims you have on your record, the more you may pay for home insurance. If you remain with your insurer, they may work with you to save money on your rates. However, there is no harm in comparing quotes and keeping an eye on home insurance prices. Switching Will Not Affect the Open Claim Say you have an open claim and decide to switch insurance providers while the claim is still open. Your new insurance provider will not be handling your open claim. Instead, the insurance provider with which you opened the claim will finish handling it. Afterwards, all claims can go through your new insurer. So if you are unhappy with the compensation you have been offered through your current insurance provider, switching providers will not have any effect on your compensation. You Can Change Insurance Providers at Any Time There are no set dates or time during which you must switch your home insurance provider. You can do it at any time, even if you have an open claim. It also helps to compare quotes between insurers, especially at the beginning of the new year. Premiums are liable to change year to year as well as during the year due to different circumstances, such as if you move or make upgrades to the home. Not All Insurers Offer the Same Coverage Not all insurance providers offer equal coverage. You may switch insurers only to discover that your new insurance provider does not offer the additional coverage your used to, or you may switch to find that you can receive higher coverage limits than with your previous insurer. It is crucial to do your research and ask explicitly about the coverage options available to you. Many homeowners end up paying too much for home insurance that doesn’t cover all of their needs.
A Dentist Checking a Child's Teeth | Miami, FL | Max Value Insurance Group
22 Mar, 2023
Your baby is a welcome joy to your family. Now that he or she is there, it is time to start thinking about your child's healthcare needs. Many times, families overlook the importance of investing in dental insurance for children, especially young children. Before you make the decision not to add your child to a dental policy, consider what this may mean to you down the road. In most cases, your child should be visiting the dentist once his or her teeth grow in. If that is the case, your child's dental costs can often be defrayed if you have the right level and amount of dental insurance in place. It's important to provide your child with good dental habits at a very young age. Studies indicate that children who do not develop early habits of brushing, flossing and overall caring for their teeth are likely to be less successful at dental hygiene well into their futures. The American Academy of Pediatric Dentistry offers some recommendations on when children should begin visiting the dentist. In fact, it recommends having your child in for his or her first dental appointment before the child's first birthday. This early visit will allow the dentist to check for any signs of developmental concern. And, since babies at this age are already developing teeth, it can provide a clear indication of any genetic factors that may limit oral health. In addition, this is the perfect time for parents to learn how to care for their child's new teeth even at this very young age. From this point on, your child should visit the dentist one time every six months. In some cases, such as when there are concerns, it may be necessary to bring your child in more frequently. When you bring your young child into the dentist at this age, he or she not only gets the care necessary, but he or she is less likely to be afraid to visit later when they are old. If your child does not have dental insurance, now is the time to put them on a quality plan. Doing so can make a big difference in their overall dental health now and in the long run.
Tenants Greeted by A Lady | Miami, FL | Max Value Insurance Group
15 Feb, 2023
As you renew your lease with your landlord, take this opportunity to take a closer look at your renters insurance. This policy is one that can change over time and you should be up to date on what the policy offers and what exclusions are in place. The longer you rent, the more important it is for you to take a look at your policy to ensure it still provides for the level and type of coverage that is right for your specific needs. The good news is that most policies are easy to update and can be comprehensive enough to meet all of your needs. How Much Coverage Do You Have? When you first moved in, you may not have owned a lot of items. You may have been okay with a low limit of coverage. As long as it covers your belongings, the coverage limit on your policy is fine. However, as your assets grow in value, so should your coverage. Take a look at what your annual limit is. Consider updating this to match the value of the items you own now. You should also consider the importance of adding on additional coverage for specific high-value items. For example, if you have a significant amount of art you've collected or you own a lot of electronics, it may be time to upgrade your policy to provide a higher level of coverage. Finally, take a look at your liability coverage. Is it enough? Have you filed claims previously that may be a good reason to increase this level? How Much is Your Deductible? Your needs have changed as well. Your deductible is the amount of money you will pay towards a loss before your insurance company comes in to cover the rest. Is it too high or not enough? The higher the deductible is, the lower your insurance premium will be. Make sure that this amount remains low enough that it is easy for you to pay out of pocket if you need to do so. Renters insurance should be a policy you keep in place. However, it is also important for you to update it from time to time to ensure it is always representative of your specific needs. We’ll help you review your policy. Call us today for more information on renters' insurance.
A Person Pointing on A Paper | Miami, FL | Max Value Insurance Group
09 Jan, 2023
There is a lot of good information about business insurance out there, but there is a lot of misinformation, as well. As with any insurance, a business owners policy faces many misconceptions and misunderstandings. A BOP Covers Everything A business owners policy (BOP) is a policy that combines coverage for a business. At its most basic, a BOP combines general liability insurance and commercial property insurance. While this policy is flexible and allows you to add coverages, it doesn’t cover everything. There are a few coverages that cannot be added to a BOP, such as workers compensation. These coverages must be purchased separately. BOPs Aren’t Flexible While there are certain exclusions to what you can add to a BOP, the policy is generally pretty flexible. Specific coverages and their limits may be adjusted on your BOP to fit your business’ needs. No one BOP is the same because no one business is the same. Among the coverages you may add to a BOP, some include: Professional Liability: Professional liability insurance covers acts of professional negligence that may cause a client to lose money. Cyber Liability: Cyber liability insurance protects a business from expenses related to cyber attacks and the loss or destruction of electronically stored information. Business Interruption Insurance: Business interruption insurance helps cover expenses and lost income if the business is unable to operate due to a disaster, government mandate or other unexpected incident. A BOP is the Same as a Commercial Package Policy Commercial package policies (CPP) are similar to BOPs, but there is a distinct difference between the two. A commercial package policy is designed for large businesses whereas a BOP is geared for smaller businesses. This means that CPPs generally have higher limits available and may allow business owners to add more types of coverage. Consideration for “small business” varies per industry, but generally includes businesses with less than 100 employees. BOPs are Expensive BOPs are primarily created to save money on important coverages. They are generally cheaper than purchasing each important coverage individually, costing an average of $1,200 a year. This price may depend on your location, industry, size of the business, claims history, credit score and coverage limits. A BOP is supposed to make purchasing insurance easier and more affordable. With a BOP , you can keep your insurance bills in one place at a cheaper price than purchasing individual coverages.
Picture of A Stacked Folder | Miami, FL | Max Value Insurance Group
14 Dec, 2022
Business Owner Policy or BOP is a type of business insurance. It is a basic policy providing the most common types of coverage most businesses need. Purchasing a BOP plan makes sense for many companies because combining these commonly needed policies can significantly reduce costs. However, Business Owners Policy plans do not always cover all areas of need. Most policies cover property insurance, liability insurance and business interruption insurance. What to Add to Your BOP Plan Making changes to your existing business insurance or adding to it is always good practice for companies who may be facing additional risks. The following are four types of commonly added coverage to BOP plans. #1: Professional Liability Insurance This is a higher level of liability insurance than a BOP policy offers. With the high cost of litigation, smaller businesses have a growing need for more extensive protection. If you are a medical or dental provider or other professional, you may need this coverage to protect against higher lawsuit risks. #2: Employee Practice Insurance Protection from employee claims against your company is also a growing need for smaller companies. Harassment claims or discrimination claims, for example, can be very costly to most businesses today. This policy can minimize those risks. #3: Business Vehicle Insurance If your business operates a vehicle for any component of the company’s operation, you need to have business vehicle insurance in place. Commercial auto insurance applies to everything from fleets of trucks and vans to the vehicle you use for meetings and appointments if it is a business-only vehicle. #4: Workers Compensation  Most BOP plans do not include workers compensation, but it is available as an additional component to your company’s plan. If you have employees, you may be required to maintain this coverage. It aids in covering medical and other losses in situations where an employee is hurt on the job. Having the right business insurance can give you peace of mind. It can also provide you with the reassurance that your company is covered in situations where you could not prevent or even manage the financial implications. Modify your BOP plan to include these and other coverage applicable to your business. Get the coverage you need. Call Max Value Insurance Group for more information on business insurance.
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