Protect Your Castle

Your Home Is Your Castle

No house becomes a home without effort from its owner. Repairs, decor, and building home memories are what makes a home feel like a castle. Smart homeowners will review their home insurance policy routinely. This allows them to update it to reflect changes in their lives. Have you:

  • Added new members to your household?
  • Moved to a new address?
  • Added a room?
  • Made replacements or repairs that are significant, like a new roof or garage?

You might not realize that in the middle of changes like these you need to keep your insurance coverage updated. Not only that, but New York state regulations change from time to time as well. You might even have a package policy available for you to take advantage of, and not know about it. Visit our agents at XL Brokerage Inc. serving the communities around Selden, NY to learn what policies are out there that might prove an advantage for you. 

Protect Your Castle and Your Family

New York homeowners sometimes assume that certain coverages apply when they usually do not. For example, flood insurance is different from home insurance and must be acquired separately. Special collections that you have in sports memorabilia or artistic displays might need special coverage as well. Condo insurance is different from home insurance. Home insurance is designed to provide various kinds of coverage for specific kinds of incidents and damages. Depending on your Selden, NY neighborhood, your home’s age and design, and other factors, you can apply to many different insurance companies yourself and after wading through their many forms find a policy that seems to work best for you. Or you can come in and see us at XL Brokerage Inc. Our agents have the experience and knowledge to quickly access crucial information from national companies to find policies that fit your unique needs. Call today for the protection your castle can depend upon.

 

 

3 Tips for Buying Home Insurance in Selden, NY

Do you live in Selden, NY and are looking to purchase homeowners insurance?  If so, here is a list of three ways you can save money on your homeowners insurance. Read on to learn more about these three tips: bundling, comparing quotes, and working with a reputable agent.  

1.  Bundle your Policies

Chances are you already have one or two insurance policies under your name. This could be for a vehicle, another home, a boat, a recreational vehicle, or even a business.  If so, you can bundle your policies together under one insurance company for long-term savings on your premiums.

2. Compare Policy Quotes

It’s always important to look at more than one quote when it comes to homeowners insurance in Selden, NY.  In fact, you should be comparing at least two or more quotes. To help you do this, the team at XL Brokerage Inc. can help by going over each policy in detail and answering all of your questions.  

3.  Work with a Reputable Insurance Agent

Your home is probably your most valuable asset and you want it to be covered by the right policy and with the right insurance company.  By working with a reputable agent, you can make this happen.  A good insurance agent will have the knowledge and experience to help you acquire the right policy for your home in Selden NY.  

To learn more about purchasing homeowners insurance in Selden, NY, contact the team at XL Brokerage Inc. today. They will answer all your questions and help you find the right policy to fit your needs. They can be reached at 631-736-6100.  

 

 

Choosing a Homeowner’s Insurance Policy

You need home insurance if you own a home, whether it’s paid off or not. In other words, even after you pay off your home and you’re no longer required to have insurance, you should still have a policy. When you’re selecting a policy, there are a few tips you should keep in mind and many reasons why you should select us. 

Insurance Policy Tips

When choosing a policy, make sure you take into consideration how much your home is worth, how much it will cost to replace or repair in the event of an accident and how much your possessions are worth. You need enough to cover these expenses and possibly more. You need to take into consideration all the possibilities, so you’re covered for the most prevalent concerns. 

Why Choose Us

1. Customer Service

Our customer service is one of the main reasons to choose us. Our representatives go out of their way to answer your questions and address your concerns. They help manage your policy and ensure if you have a claim that it’s handled promptly and properly. You always call our office and get someone who is friendly and who has a genuine passion for the work we do. 

2. Policies for Your Needs

It’s not easy to find a policy tailored to your needs unless you’re working with our company. We offer a variety of policies, so you can find one that’s not too much or too little for what you need. You’ll find a policy that’s just right. We offer policies that offer a comprehensive level of coverage. We have renter’s insurance policies available for those who rent an apartment or house. Those who own a condo can find a policy with us tailored to the specific needs of this type of property. 

3. Recognition from Major Insurance Brands

Our clients will vouch for the coverage and support we provide, but we also have major brands who back us such as GMAC Insurance, MetLife, The Hartford Group, Foremost Insurance Group, Travelers and Security Mutual Insurance Company. 

To get a quote or open up a policy, contact us today at XL Brokerage Inc. by calling 631-736-6100. We serve Selden, NY and the surrounding area. 

What is Home Depriciation and How Does it Affect Home Insurance Premiums?

As our homes age, they do something called depreciating. This means that they are worthless twenty years from the time that they were built than they might have been brand new about the market in which they were built. As our homes decrease in value and things break, appliances and furnishings become outdated, and our homes experience wear, they will be lesser in value. For those in the Selden, NY area, the agents with XL Brokerage Inc. can help you to determine just what your home is worth.

Home depreciation, much like depreciation that comes with a car, is something that happens gradually and over time. Dependent on the economy in which you will be rebuilding, depreciation might not be as big of a factor as you think. It is important that if you are adjusting your home insurance to account for depreciation, you take the time to talk with an agent about the benefits and drawbacks.

If you are having your home assessed for depreciation with the sole purpose of having your coverage and home insurance premiums lowered, you might want to think twice. Though lowering coverage and altering it based on the depreciated value of your home might help you save a few dollars here and there each month, it might make rebuilding difficult and may make it so that you have to downsize.

For those that are thinking of having their home assessed for depreciation, the process is quite simple. An assessor or appraiser will come to your home having been sent from your insurance agency. They will determine how much your home is worth and how much it would cost to rebuild, then they will issue a statement to your insurance. For those in the Selden, NY area, the agents with XL Brokerage Inc. can help.  

Is Home Insurance Really Necessary In Selden?

The people of Selden, NY enjoy their area for a variety of reasons, but a major part of the success of the community is built upon people who care about their properties. So with all the people working tirelessly to keep their lawns and homes looking tip-top, it makes sense that it would call the question of home insurance into people’s minds. With so much work being done to care for the community, is it necessary to buy expensive policies here?

Major Damage Happens 

Storms and vandals are just two major events that can destroy an otherwise perfect house. You can’t mortgage your future based on wishful thinking. Regardless of how handy you are around the house, eventually the odds predict that you will run into a problem that will be difficult or simply too costly to solve without having home insurance. The right policy from XL Brokerage Inc. is what will move you into a hotel rather than a friend’s house, and what will ensure that you can get back into your home as quickly as possible. 

The Betterment of the Neighborhood 

XL Brokerage Inc. has been helping people see the value of home insurance for years. Our agency is designed to make Selden, NY a place people want to be. By tackling the smaller problems and giving the homes and grounds the care they deserve, everyone gets a strong message here that Selden is worth the time and effort. This keeps property values high for when people go to sell their homes, and may even make criminals hesitant to attack a place that so clearly cares. If you have more questions about how we make the community safer and more attractive, give us a call today to find out more about what we do. 

The Four Season Take Their Toll On New York Homeowners And Their Homes

Winter, Spring, Summer and Fall – All You Have To Do Is Call

Unlike homeowners who reside in other parts of the country, the staff at XL Brokerage in Selden, NY along with all the rest of the residents of the northeastern part of the United States experience an equal dose of each of the four seasons. Summertime in New York reaches into the nineties on occasion and oftentimes into the eighties along with an unrelenting sun. People who live through the winters in New York experience several blistering sessions of subzero "real feel" temperature days and have to endure days commonly fraught with below freezing actual temperatures.

Heavy snow on the roof leads to damaged and leaking roofs after the passage of time. The summer’s scorching sun on your roof is detrimental as well. Maintaining and repairing your roof will ensure you avoid costly damage that will occur with a hole in your roof or a missing section of roofing.   

Fall leaves caught in the gutters will – if not removed – lead to sagging and falling gutters, clogged drains, ceiling leaks, flooding and extensive damage to your home indoors and outside.

Spring brings nesting times for wildlife that may reside just outside your front door. Trees that may have incurred damage from a heavy snow last winter are now home to a myriad of creatures. Protecting your assets include maintaining the foliage and trees on your property. Again cleaning the gutters which aid in properly draining your home is crucial to keeping them free of nests and debris that led to their demise.   

XL Brokerage Inc. in Selden, NY serves homeowners here on Long Island and surrounding areas. Contact us today to make certain your home is well-equipped to handle any season.  

Home Insurance Requirements

Home insurance is something that every homeowner should know about but that many are still uncertain about. For those living in the Selden, NY area, the agents with XL Brokerage Inc. can help you find the coverage you need to be both legal and safe.

Home insurance is essentially insurance policies that are in place to help protect the homeowner in case of damage or destruction of the home or the contents. Basic home insurance policies cover things like fire, damage from storms, and damage from theft or break in. It also often covers the cost of replacing items if your home is burglarized. It can also help cover the cost of medical bills of an individual that is injured on your property.

There are no requirements for home insurance if you own your home and do not have any sort of mortgage out on it or any sort of lien against the value of the home. Though you are not required to have home insurance on a home that you own outright, it is still a smart move as a home that is not insured will have to come completely out of pocket when it is being rebuilt.

The requirement for home insurance if you have a mortgage is that you must hold a policy that could help rebuild the home by the exact same specifications based on the current economy. That means that things like inflation, price of materials, and price of labor going up and down must be figured in to the amount of coverage that you are required by law to hold. It is a requirement that homeowners that have a mortgage hold insurance to help protect the interest of the lending agent should there be damage to the home.

If you live in the Selden, NY are contact XL Brokerage Inc. today to find the right policy for you.

Factors That Determine Your Home Insurance Cost

Home insurance is custom fitted to the premises that it insures, so many different factors go into its cost. Taking a look at some of those factors can help you understand what you’re paying for. Here are a few for thought.

Construction Type

Whether your home is frame or brick influences risk and its replacement cost.  That’s the cost of the labor and materials necessary to rebuild your home today. You’ll want an accurate replacement cost value so you don’t have to reach into your pocket to be made whole again.

Hurricanes

Selden, NY isn’t a stranger to hurricanes, and standard homeowners policies don’t cover either hurricanes or flooding. Hurricane insurance should be an important part of your home insurance. Most hurricane policies cover both wind and flood damage, but be sure that you’re covered for both.  New York requires insurance companies to offer discounts to homeowners who have installed certain forms of hurricane protection like storm shutters or protective windows and doors.

Your Deductible

Your deductible is the amount that you’ve agreed with your insurance company to pay out-of-pocket before the insurer’s obligation to cover you for a loss is triggered. A higher deductible might lead to a lower premium on a standard policy.  Expect to pay hurricane and flood deductibles in excess of your standard deductible in or around Selden, NY.

Personal Property

A standard homeowners policy covers about half of the value of your personal property inside of your home. You’ll want to look into replacement cost coverage. Special coverage should be added for items like artwork, jewelry, furs or the like.

We’re independent agents at XL Brokerage Inc. We’ll custom fit homeowners coverage for you anywhere in New York. Feel free to visit us online or in person.

 

 

Steps to Take to Prevent a Pipe From Bursting

With colder winter weather in Selden, NY, comes the possibility of pipes bursting. This is one thing you do not want to happen in your house because the repairs can be costly and time consuming. If you want to avoid pipes bursting this winter, be sure to take these precautions before it gets too cold at night. 

  • Add protection to your pipes. If you have pipes that are exposed to the outside, you should consider wrapping them in a form of circulation. This will help keep them warm during the colder nights. You can get these protective coverings at your local hardware store.
  • Let your water slowly drip at night. On nights where the temperature drops below freezing, allow one or two of your faucets to slowly drip through the night. This will prevent the water from freezing because it will be constantly running. Just make sure you do not let the flow be too strong or you will spend a lot of money on water. 
  • Open up your cabinets for added air circulation on cold nights. The air inside your home is warm on cold nights so let your pipes enjoy some of this warmth by opening up cabinet doors that lead to pipes in your home. This will allow them to stay warm through the night. 

Another great way to protect yourself in case a pipe bursts in your home is to have a great home insurance policy. If you are looking for a new one or would like us to take a look at your current policy for any gaps in coverage, be sure to contact our office, serving Selden, NY, today. Our knowledgeable agents at the XL Brokerage Inc. will be able to help you today. We will be happy to run some quotes to see if we can find something that works for you.

Prepare For The Winter Months With These Tips

Selden, NY, is known for dramatic winters that include snow and a lot of cold nights. Surviving the season is a matter of being smart. Here are four ways to prepare for winter months in Selden. 

Check around the property

Falling trees are inevitable during snow storms. The weight of ice is often too much for branches to handle and limbs tend to give way to the climate’s pressure. Minimizing tree accidents during winter in Selden, NY, is a matter of preparing during the summer. Walk around your property and inspect nearby trees. While newer trunks can simply be groomed for the upcoming months of turmoil, old trees should be cut down so as to prevent major catastrophe during winter. Most insurance companies view old trees as hazards and, hence, may not cover the full amount of damage for a home impacted by their falling. It is imperative that you inspect trees during spring and fall. 

Get ready for the snow

Instead of willing the inevitable to go somewhere else this year, consider repairing minor household damages that could potentially turn into major problems in winter. Snow, although beautiful, can be quite destructive when produced in excess. Take pictures of devastation if your home is one of the unfortunate ones detrimentally impacted by white crystals falling in Selden, NY. 

Be proactive with pipe protection

Cover and run are two terms with which you should be familiar during winter. Wrap your water pipes with insulation sleeves and let slow trickles of warm water run through your faucet to prevent pressure and bursting. 

Keep your interior walls covered

Insulation in the attic is imperative during winter months in Selden, NY. Covering the attic’s floor prevents heat from rising so that inhabitants of the residence below can stay warm for extended periods of time.