When you have a home, you most likely have a homeowners insurance policy. Your coverage should protect the actual structure, but it’s also designed to handle the property that’s inside of the home. There is a coverage limit on this property, which is usually a percentage of the overall insurance policy. In New York, many people have roommates because of the cost of living. Often, these people move in together and get insurance together so that everything is covered. It’s different when someone moves into your home, because your policy is focused only on your own belongings.
The big question that you need to ask is whether the roommate is just living with you as a friend, or whether she is a renter. If she’s paying you rent, she’s a renter in your home and will need renter’s insurance to cover her belongings. Your Selden, New York home is not designed to be a rental property if you’re still living in it, but that doesn’t stop you from taking on a roommate or renting out a room to someone. As an independent agent, we can help you with any concerns you have about property coverage.
If possible, bring your roommate along. We can help her understand why she’s not covered under your home insurance, and why she’ll need her own renter’s policy if she doesn’t want to risk financial loss. Her belongings may not be expensive, but most people are very surprised by just how much it costs them to replace something they’ve lost. It can also be frustrating and time consuming. All the financial worries can be avoided with the right kind of insurance coverage. That’s why a knowledgeable independent agent like us is so important, so you and your roommate have one less thing to worry about.
Having a ticket on your record will make your insurance go up, but generally not as much as having an accident. If the accident and ticket are coupled together, however, that can be very detrimental to your insurance no matter what else may affect the premiums. One of the more common tickets that can raise your insurance rates is reckless driving. In New York, a ticket for driving in a reckless manner can carry a hefty fine. That’s only the beginning of the cost, even if you don’t harm anyone else.
As an independent agent, we can work with you to keep your insurance rates as low as possible. That could mean attending a driving school, switching companies, or taking other measures to mitigate the financial damage caused by the ticket. The auto rates for drivers in Selden are generally not excessive when compared with other areas of New York, but the ability of the driver and the record he or she has when it comes to tickets and accidents can quickly change those rates. Don’t end up paying too much because you were in a hurry or because you got angry at someone in traffic.
Once you’ve received a ticket, it will count against you for insurance purposes for several years. That means you’ll be stuck paying higher rates, even if you don’t do anything else wrong over that period of time. It’s obviously much better if you don’t have any traffic violations, but sometimes things happen and you end up with a ticket because you had a bad moment. We’re all human. Insurance companies aren’t always too understanding of that, but some are more flexible than others. As independent agents, we can find the best company for your insurance needs, even if you have a less than perfect driving record.
Living in Selden or nearby areas can be a wonderful experience. There’s so much to do and enjoy there. Unfortunately, if you don’t have good insurance coverage you might end up with financial problems that can ruin your good time. When you’re thinking about purchasing insurance, especially umbrella coverage, you’ll want to ask yourself what all your New York policy should include. As an independent agent, we can help you with that by answering your questions and showing you policy options that may be right for you and your specific situation.
An umbrella policy offers protection for a person’s assets and future income. It goes above and beyond the standard policies that people have for their homes, cars, and lives. A good policy like this will have a high level of protection for the future, and will also protect current assets very well. Not everyone needs an umbrella policy, but people who have a lot of valuable assets, people who have a lot of income, and those who are going to come into a significant amount of money should consider getting this type of coverage so they have less to worry about financially.
While it’s not possible to know what the future will hold, it’s certainly possible to financially protect yourself against the most common concerns of those who have significant assets. Business owners often purchase umbrella policies as they see their businesses starting to grow. They know that there is the potential for significant future wealth, and they want to protect that before they receive it. That’s the best way to get a good hold on a financial future that’s comfortable and stable. Come and see us today, and we’ll help you find the best umbrella policy for your current and future needs, no matter whether those needs are business or personal in nature.
Driving in New York can be stressful, and in an area like Selden or Mastic there can be a lot of pedestrians you have to watch out for to avoid an accident. There are several tips that drivers can follow in order to practice safety on the road. The first one of these is to always be aware of your surroundings. Texting, eating, drinking, and talking on the phone are all major distractions. So are large numbers of rowdy passengers, crying or screaming children, or loud music. Sometimes, some of these things are completely unavoidable, but most of these distractions can be avoided or minimized.
Second, know where you’re going. If you get lost and distracted, you’re more likely to get frustrated. That can lead to aggressive driving, a lack of attention to the road, and mistakes that can cause a pedestrian to get seriously hurt. Yes, your car will be damaged, but most pedestrians don’t handle the collision nearly as well as the vehicle. Not to mention the mental and emotional stress placed on both the pedestrian and the driver of the vehicle. It doesn’t matter at that point who’s at fault, because both parties have to deal with the consequences.
Lastly, know the laws for the New York area that you’re in. The more you obey traffic laws in Mastic, Selden, and other areas, the lower your chances of having an accident. There’s no guarantees, of course, because you can do everything right and still have things go wrong. If you’re concerned about your abilities behind the wheel or the coverage that you have on your insurance policy, come in and talk to us. As an independent agent, we can help you find the right policy, and may even be able to help you with safe driving tips or driving school recommendations.