FAQs - Page 4 of 8 - IMAX Insurance Group

Q: How much does homeowners insurance cost in Miami?

There is no flat number, and Miami is not a cheap market. Price moves with your ZIP code, the age and construction of the house, your roof, your claims history, your deductible and how much coverage you carry. Call us at (786) 441-8985 or request a free quote and we will price your actual house.

Q: Do you insure larger boats and yachts?

Larger vessels get underwritten differently from a runabout, with more attention to the captain, the survey and where the boat travels. Tell us what you have and we will tell you straight whether we can place it.

Q: What happens to my coverage when a hurricane is coming?

This is the question worth asking in May, not August. Some policies carry a named storm deductible, and some expect you to have a haul-out or storm plan in place. Waiting until a storm is named to find out what yours says is how people end up paying for a lesson.

Q: How much does boat insurance cost in Miami?

There is no flat number. Price moves with the boat itself, its age and value, where you keep it, how far you run it, your boating experience and your claims history. Call us at (786) 441-8985 or request a free quote and we will price your actual boat instead of guessing.

Q: Are jet skis and personal watercraft covered?

Yes, and they are written differently from a boat. Personal watercraft carry their own risk profile, especially around who is allowed to operate them and whether you rent them out. Tell us how the machine actually gets used and we will match it.

Q: Does my homeowners policy already cover my boat?

Sometimes, partially, and usually less than owners assume. Home and auto policies can extend limited coverage to small watercraft, often with tight limits and a lot of exclusions. If the boat matters to you, it is worth having someone actually read what you already have before you buy anything new. We will do that at no cost.