Living in Suffolk County on the eastern half of Long Island, New York, is great for people who love the beach, sailing and all of the fun things in life. Anyone who has lived in the central Suffolk villages of Mastic or Selden, for a few years, knows that powerful and damaging storms occasionally make their way across their part of the Island. Flooding in low-lying areas can be a problem. Homeowners can protect themselves by buying a flood insurance policy from their local independent agent.
When you have a mortgage on your house and live in a designated flood zone, as is the case with Mastic and Selden, your mortgage holder will normally require you to have flood coverage. Floods are not covered by your homeowner’s policy. A typical home policy covers such things as a burst pipe or an overflowing washing machine, but does not cover the intrusion of water from outside of the home.
You can find the flood insurance coverage you need through an independent agent or by contacting an insurance company directly. The National Flood Insurance Program offers protection against floods through independent agents and insurers. Every independent agent or insurer that chooses to sell flood insurance sells it for the same price. The price depends on the area you live in and how prone that area is to flooding. If you own your home outright, you are under no obligation to purchase this type of coverage.
While, for some people, purchasing flood insurance is optional, it makes sense to buy it if you live in an area like Mastic or Selden, where flooding is a possibility. Flood insurance is very affordable. Although you may never use it, just like you may never file a claim under your standard home policy, it is reassuring to carry the coverage, just in case the storm of the century hits Suffolk County, New York.
If reducing the cost of your automobile insurance is one of your main goals as you go to renew your policy, you’re not alone. The cost of living in Mastic and the surrounding areas can be prohibitive, and it always helps to shave some money off your regular bills. Here are some of the most significant factors that affect your premium cost.
Insured Vehicle: Some cars are more expensive to insure than others, and it’s not always the vehicles with the highest price tags. Insurance companies look at statistics of what vehicles are involved in the most expensive accidents, and drivers of those vehicles have to pay higher premiums.
Driver: Your driving record in New York can affect your premiums. Keep a clean record, with no tickets or accidents, to avoid being penalized when it comes time to pay your insurance. Your basic demographics also have an effect. In particular, young men pay significantly more for auto insurance than young women because they are statistically more likely to get in accidents. Married young men, though, don’t pay as much as single ones.
Discounts: The most significant discount drivers in Mastic can qualify for is the defensive driver discount. This reduces your premiums by 10% if you have passed a course approved by the New York DMV. Other discounts include multiple vehicle, multiple policy, and good student discounts. Ask your independent agent whether you may be able to have these discounts applied to your policy.
Company: Each insurance company calculates premiums a different way. Use a local independent agent in Mastic to get quotes from the top companies in the area. Then you can choose the company with the best price tag and service.
Homeowners whose homes are located on low-lying land or near bodies of water will need to meet the coastal guidelines set by insurance providers in order to obtain necessary insurance coverage. Mastic, New York, residents’ nearness to inlets of the North Atlantic Ocean figures into the insurance offerings and rates available to them. Because there is a higher risk of flooding, high winds, storms, erosion and other damaging events in low-lying areas and areas near bodies of water than in other areas, insurance providers have developed their own set of guidelines for offering coverage. Homeowners in Mastic, New York, should make sure that their insurance package offers coverage for these events.
Potential home buyers should evaluate their future insurance costs before buying, particularly in areas that may carry high risks, such as coastal areas. This can be important because coverage in coastal areas can cost more than coverage in other areas. However, this coverage is a necessary expense. Hazard insurance, personal liability insurance, personal property insurance, dwelling insurance and other policies may not cover damage or destruction caused by floods or other events associated with coastal locations. It is important for Mastic, New York, residents to read the fine print on policies to ensure that the risks associated with their homes near West Millipond, East Millipond, or other waterfront locations are thoroughly protected. An independent agent can assist buyers and owners in discovering the most cost-effective solution to their insurance needs.
An independent agent can help Mastic, New York homeowners assess their insurance needs and find suitable coverage. A local agent is already familiar with the coastal guidelines of insurance providers and can help match a provider and policy to the homeowners’ needs. Discovering a policy with coverage for damage caused by coastal events, maximizing existing flood coverage, or supplementing an existing policy with flood and other coverage is made easier with an agent’s expertise.
Stepping out the front door of your Mastic, New York beach house and being only a few feet from the cool, refreshing water, is something that most people never get a chance to do. As one of the lucky few who is blessed with owning a beautiful beach house, you will want to do all that you can to protect your little piece of paradise. Choosing the right kind of home insurance policy is a must for anyone living along the south shore of Long Island.
The first thing you should realize when you own or are planning to buy a house along the beach is that your homeowner’s insurance premiums will probably be much higher than if you lived in a similar house that was located further inland. Insurance companies always assess risk before underwriting any policy. Living on or near the water presents a greater risk.
When you live on or near the beach, you are susceptible to floods and damage from wind, rain and sometimes hurricanes. If you only use your beach house for occasional getaways and it is left vacant for extended periods of time, you increase the risk of loss or damage from theft and vandalism. You should see your Mastic, New York independent agent to find the right type of policy that will suit your particular situation.
Renting out your home in Mastic, and living most of the year in your primary residence has its advantages. You can earn income that will help pay for the mortgage and maintenance. You might even qualify for a multi-policy discount if you buy insurance to cover your second home from the same carrier that provides coverage for your main home.
Look for a policy that adequately protects your house from all perils and also, especially if you are a landlord, make sure your insurance covers liability and damage to the interior contents and structure of the home.