Do you remember that time you were walking to the store, finishing up your errands? The clouds began to circle you, as you realized that you forgot to bring your fancy umbrella. Suddenly, it begins to pour. Perhaps a little rain never hurt anyone, but an insurance claim that surpasses your primary coverage may.
It’s likely you’ve told yourself you need life insurance every time you see it advertised. Then you begin to research it, and the act of actually getting it seems like a pain (plus, who wants to think about death). Or, maybe you have a small amount of life insurance through your work benefits. You suspect it’s not a great deal nor enough coverage, but haven’t taken the time to look into it. I’m here to tell you: Stop putting it off!
There are a lot of aspects of insurance that New Yorkers, and those in the entire Tri-State area, commonly overlook when it comes to protecting their homes and businesses. It’s worth taking a deeper look into your policy to confirm you’re covered for specific risks if you fall into any of these categories:
When purchasing insurance, or any service for that matter, it’s important to understand who you’re dealing with and where their primary responsibilities reside. The same applies when establishing a (hopefully) long-term relationship with an insurance professional you’re entrusting to help protect you and your family against life’s risks. So, who can you trust?
Having an insurance claim is a stressful experience. I can say that firsthand, having just had one this week. I was driving to work on a two-lane highway. It was normal commuter traffic with cars all around me. Up ahead, I spotted a wild turkey watching the cars pass on the side of the road. It was a very big bird. It made a run for it. WHAM! He ran right in front of my car, which was driving at 55mph.
Connected devices and the internet of things are giving us access to our homes in many new ways. These new eyes and ears can help us to monitor the risks our homes are exposed to, 24/7. The traditional ways in which we secure and interact with our homes (and the appliances within them) have evolved.
One of the most important coverages on your homeowners insurance policy is the “dwelling coverage.” Dwelling coverage is how much insurance you have to rebuild your entire home from the ground up. It’s not the amount of your mortgage, or the market value of your home.
Despite the significant problems in implementation, the autonomous car is coming. We won’t all wake up tomorrow and finish our morning coffee in the backseat of our Altimas, but it’s coming. So what does this mean for Auto Insurance?