Services

Auto Insurance

Including motorcycles, RV’s, ATV’s and golf carts

Approximately 25% of Florida drivers are uninsured. Protect yourself, your family and your vehicle with a quality auto insurance company.

Part of having a proper auto policy includes having the right coverage. Consider the following coverage when looking for an auto policy.

• Bodily Injury and Property Damage- This defends you if you are at fault in an auto accident.
• Medical Expense coverage- An optional coverage which pays 100% of your medical bills associated with an auto accident up to the limits you choose.
• Personal Injury Protection (PIP) – This coverage is statutorily required by the State of Florida and will pay your medical bills or funeral expenses up to $10,000.
• Uninsured Motorist coverage- Stacked or non-stacked options are available to compensate you for your injuries if you are not at fault and the other driver is uninsured or underinsured.
• Physical Damage (Comprehensive and Collision) – This will pay for damages to your vehicle less your deductible.

Some of the coverage options our companies offer are:

• Gap coverage
• Roadside Assistance
• Collector car program
• New vehicle replacement coverage
• Diminishing deductibles

Our companies offer discounts to help offset the cost of the policy. Some of the discounts available are:

• Vehicle safety features
• Multi vehicle discounts
• Good student discount
• Safe driver discount
• Pay in full discount

Home Insurance

The things in the house and the people who live there makes a house a home. Your family and possessions are the most valuable things in your life. How are these protected? Home Insurance! Whether you are purchasing a home or currently own one, the truth is, home insurance may be the most important aspect of home ownership. Your home insurance policy is designed to protect the things that you value the most by providing financial protection for the unthinkable.

Depending on the type of residential property you own and how it is going to be occupied determines the right home insurance policy. Below are the different types of home insurance policies:

• Standard Home Insurance Policy (HO3) – This policy is needed for homes which are owner occupied. The HO3 policy can be designed for use as primary residence or as a secondary/vacation home.
• Condo Policy (HO6) – This policy is for a condominium when the owner is only responsible for the interior of the unit they own. The policy can be used for owner occupied, secondary/seasonal use or tenant occupied occupancy.
• Dwelling Fire Policy (DP3) – This policy is a modified home insurance policy designed for the owner of a rental property which is tenant occupied. The DP3 policy is used for any type of residential property other than a condo.
• Renters Insurance (HO4) – The HO4 policy is for someone who lives in a residence they do not own. This can be an apartment, condo, house or townhome.

Our companies offer some of the following credits to help reduce the cost of insurance.

• Retiree discount.
• Monitored security system for burglary and/or fire.
• Secured neighborhood discount.
• Wind mitigation credits.

MacDonald Insurance Agency offers home insurance solutions for the multi-million dollar mansion to the tough to insure unique circumstances and anywhere in between.

Making sure you protect the things you value is important. That is why our preferred list of company partners have been hand-picked and represent the most reputable home insurance companies in Florida.

Watercrafts

Whether you prefer skiing, fishing, sailing or just cruising on the water. Recreational watercrafts offer freedom, fun and adventure for the boating enthusiast.

Our boat insurance companies offer broad coverage and competitive premiums. Boat policies are designed similarly to the auto policy. Below is a summary of some of the coverage options available with boat insurance.

• Liability- This coverage includes both bodily injury and property damage if you are negligent in a boating accident. Liability includes wreckage removal and fuel spill coverage.
• Physical Damage- This coverage provides coverage for your boat less your deductible should it become damaged. Emergency assistance on water towing is included when Physical Damage coverage is purchased.
• Uninsured watercraft coverage- This coverage will provide financial compensation to you if you are injured in a watercraft accident where the other boater is uninsured or underinsured for your injury.
• Medical payments- Pays for medical bills if you or others are injured while operating or occupying your boat.

Additional items can be insured:

• Boat trailers.
• Increased limits for fishing equipment and personal effects.

Some examples of watercraft discounts are:

• Safety Course discount.
• Boating experience discount with 5 or more years of boating experience.
• Multi-watercraft discount.
• Paid in full discount.
• Homeowner credit.

Umbrella & Excess Lability

As a part of a comprehensive insurance portfolio, having a liability umbrella policy is crucial in today’s litigious society. The concept of having liability coverage is to minimize the chances of personal financial loss due to negligence. This type of policy adds a layer of liability over your home, rental properties, auto, boat and other personal lines types of policies. Umbrella policies are typically sold in increments of $1million.

Umbrella or excess liability policies are available as a standalone policy or can be purchased in conjunction with an auto policy. The most cost effective way to purchase an umbrella policy is with an auto carrier who also offers an umbrella policy. The cost of an umbrella policy may only cost a couple of hundred dollars for a $1 million of coverage. This may be one of the most cost effective insurance investments you can make.

To qualify for an umbrella policy you must have a home insurance policy and an auto policy. Additionally, you must have specified minimal limits of liability coverage on the policies. The liability on the home insurance must be at least $300,000. Where the liability on the auto policy must have at least 100/300/100 limits.

The base price of a $1 million umbrella policy typically consists of 1 home and 1 auto. Additional premium is added when other types of risks are included.

• Additional vehicles.
• Additional residential properties.
• Youthful drivers.
• Recreational vehicles.
• Umbrella limits exceeding $1million.

Umbrella policies are also offering optional limits for Uninsured Motorist coverage. This coverage option is for those who are unable to obtain higher limits of UM on their auto policy.

Whether you have a simple or complex insurance portfolio, MacDonald Insurance Agency can find the right umbrella policy for you through our extensive network of company partners.

Call us today for a comprehensive insurance review.