- Commercial Auto
- Commercial General Liability (CGL)
- Commercial Property Insurance
- Workers’ Compensation & DBL
Auto insurance is a complicated matter. Many people have an insurance policy but do not exactly understand how they are covered or what they will do if they find themselves in the position of needing to utilize their insurance. Our agents will explain the various coverages to you, what is optional and what are state-mandated minimum limits, such as:
- Collision Coverage – This is the basic insurance type that covers your vehicle if you collide into something like other cars as well as if you were to run into a wall, barrier or bridge.
- Comprehensive Coverage – This covers anything that may happen to your car that is not directly related to a collision like theft, fire, hitting a deer or vandalism.
- Liability Coverage – This type of coverage covers the damages when you are at fault in an accident and you damage someone else’s car or property. Liability coverage is mandated by law, so it is important that you as the driver make certain you have an adequate amount.
- No-Fault Protection – This is also called Personal Injury Protection or PIP.
- Medical Payments –Medical payments pay for any injuries to the driver or passengers that occur as a result of an automobile accident.
We also recommend that you take a Defensive Driving Course every three years to save 10% or more on your car insurance. If you have a traffic ticket, the benefits are even greater: New York Defensive Driving courses can mean a 4-point reduction on your driving record. This is recommended for everyone in your household, especially youthful drivers.
When people shop for home insurance, they are actually seeking not just one type of coverage but possibly several different varieties. Homeowners insurance, renters insurance, and condo insurance are all typically included within the category of home insurance. Whether you own the property that you live on or whether you are renting it short term, you need to have insurance coverage to guard against disasters and losses.
Homeowners, Condo, and Renters Policy Types: The Differences
A homeowners policy will cover both the outside of the home and all the contents of your home. It will cover the majority of natural disasters (certain disasters like floods or earthquakes may be excluded but you may add extra coverage for that specific purpose) and will allow you to replace or rebuild damaged property. If your home is broken into by a thief and items are stolen, your insurance will help replace stolen items and pay for any damage due to vandalism.
With a renter's policy, the coverage includes the inner contents of the home, apartment, or room that you are renting. This is coverage for the break-ins, the natural disasters, fires, and other circumstances that are beyond your control. Even though your landlord will have a homeowners policy on the place you are living, it does not cover your own personal items as a renter. It also pays medical payments and pays for alternate living expenses should you be displaced from your home.
This Dwelling Fire policy can provide basic protection against losses from fire, wind, explosion and smoke damage, extended coverage against loss of rental income, liability coverage and personal injury coverage against lawsuits or wrongful eviction, invasion of privacy, etc. We are experts in evaluating individual needs in the metropolitan New York area and Long Island.
You may also want to compare prices on umbrella policies when you get other types of insurance. Umbrella insurance gives you extra liability coverage that exceeds your home, car, or boat policy. Once the liability limits on those policies have been hit, your umbrella policy will be activated. These policies will cover liability related coverage for situations like: Rental units, accusation of libel or slander, and false arrest. The umbrella policy will fill gaps in your existing policies for an additional $1 to $5 million on your policy limits.
Business owners should carefully consider their Commercial Insurance needs, which offer a range of vital protection related to the business. From vehicles to property and the employees within the business, owners can safeguard their investment and lessen the risk of a scenario affecting its growth and presence. The following areas represent some of the primary Commercial Insurance needs that any business should approach.
A vehicle that is used within the context of business must have its own policy; a personal car insurance policy is not enough, as it won’t cover items that relate to business. If your business uses vehicles to perform routine or even occasional operations, a commercial auto policy is a must.
Bodily injury, property damage, personal injury, and advertising injury are covered with a CGL policy. A convenient catch-all type of policy, many businesses can use it as a starting point for their insurance needs – in terms of liability.
A commercial property insurance policy could be thought of as a commercial version of a Home policy. You will find similar covered items, such as fire, theft, and natural disasters that pertain to the business property. If your business has some type of physical location, it would require a property insurance policy.
Workers that are hurt on the job can rely on workers compensation for lost income and medical expenses. This coverage is commonly required by employers, and it often extends to temporary employees as well. This is mandatory in NYS for anyone who has even one employee and you could be subject to fines if you do not have this coverage. New York state statutorily also requires employers to provide disability benefits coverage to employees for off-the-job injuries or illnesses.
Small business owners can take care of many needs in a BOP policy – it often includes vehicle, property damage, business income, property, and bodily injury, as well as other types of basic insurance needs.
This mandated insurance carries similar coverage as auto insurance for collision, comprehensive, liability and medical payments, but there are additional benefits such as trip interruption and roadside assistance.
This is truly a vital type of insurance because if you own a recreational vehicle you are likely to be out on the road with it, traveling through different areas – often different states. Your recreational vehicle needs to be insured just as much as your daily driver does – and because your monetary investment in the RV is so substantial you need to be certain you won't lose that large investment if disaster strikes. RV coverage is often merged with your current auto policy. This will sometimes yield you a substantial policy discount, as well.
Whether your boat or personal watercraft spends half of its life in the garage or it is out on the sea full time, boat insurance is essential. Your boat is exposed to weather and daily elements no matter where it is and it may also be exposed to vandals or thieves. Your Home policy will not cover your boat whether it is on your property at the time it is stolen or vandalized or not. Talk to us about how to make certain you have the supplemental coverage you need to insure your boat is protected. Policy coverage may include bodily injury and property damage, comprehension and collision plus add-on coverage such as total loss replacement and full coverage for fishing equipment and other carry-on items.
We are pleased to offer one of the most comprehensive packages of endorsements available to residential condominiums, co-ops and apartment buildings. This is a low-cost way to obtain an entire suite of endorsements that increase limits for perils such as Ordinance or Law, Flood and Employee Dishonesty. There are some Flood Zone exclusions, but worth investigating if you are a small property owner. You can’t afford to be underinsured and our expert agents will make sure you have the coverage you need for apartment buildings for 4-family and above.