Posts by esPozz54fG
What to Do when You Need to File an Insurance Claim
If you have suffered damage to your house, car or business and need to file a claim: Remain calm. Locate your policy number and contact your company to report the claim. A list of claims and contact numbers is available on claims help page Be sure to protect your home and car to prevent further…
Read More8 Tips to Reduce Your Chance of Theft
How can I make myself less likely to be victim of theft? Here are 8 Tips that may reduce your chance of theft: 1) Keep bushes and shrubs trimmed to no more than waist high so thieves can’t easily hide. 2) Hide valuables in uncommon locations, such as the refrigerator or in a ceiling. Under a…
Read MoreHousing Marketing Recovery and Home Insurance
The housing market is beginning to show signs of recovery after nearly 5 years of decline. Despite this, market prices are still below the cost to rebuild a home in most locales throughout New Jersey and the Northeast. An interesting article explaining home valuation and New Jersey home insurance in more depth is at Xactware’s…
Read MoreDogs and Home Insurance Policies
Q: I’m looking to obtain a dog, do I need to be concerned with my home insurance? Am I covered? A: The liability in a home (or condo or tenant) insurance policy in most states covers animal bites; however, if you have a dog at the time your home insurance policy begins and don’t disclose…
Read MoreDoes Your Insurance Policy Cover Your Children at College?
Q: What if my son or daughter is away at school? Are they covered under my home insurance policy, or do they need to get their own? Generally, if a child who is a resident of their parents’ house rents the apartment directly and relocates, he or she needs his own policy. If he or…
Read MoreHome Insurance Policy Coverage for Unmarried Cohabitants
Home Insurance Policy Coverage Does a homeowner’s, condo, or tenant policy cover people living in the same household if they are not related? Generally, no. Under most circumstances the cohabitants each should have their own tenant condo or home insurance unless they are in a domestic partnership and the insuring company allows them to have…
Read MoreWhat is Gap Insurance?
Gap Insurance and Automobile Coverage When you have a loan or lease on your car and the car is totaled, often the market value of the vehicle is less than the money you owe the bank. This means you are “underwater” and have to pay money out of your pocket to pay off the loan…
Read MoreWhat is Collision Coverage on an Auto Insurance Policy?
Auto Collision Coverage Collision coverage covers your car against damage to your car in an accident you cause, or damage caused in a hit and run accident. It is purchased on a car by car basis on a policy, meaning that not all cars on a given policy have to have it, or to have…
Read MoreComprehensive Coverage on an Auto Policy – What it Means…
What is comprehensive coverage on an auto policy? Comprehensive coverage covers your car against theft, fire, vandalism, damage from a falling object, flood, animal and other non-accident damage. It is purchased on a car by car basis on a policy, meaning that not all cars on a given policy have to have it, or to…
Read MorePersonal Injury Protection and New Jersey Auto Insurance
The Newark Star-Ledger ran this article regarding PIP reform in NJ on Sunday, March 18. PIP stands for Personal Injury Protection, and provides medical coverage under an auto insurance policy you have been injured as a driver, a passenger, or pedestrian and have been involved in a personal automobile accident. It underscores the rising costs…
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