Posts Tagged ‘insurance coverage’
How Homeowners Insurance Works
When was the last time you reviewed your homeowners insurance policy? Do you know exactly what is and is not covered? With every insurance plan varying in coverage and cost, it’s important to understand what your personal policy includes. Though not every plan is the same, there are quite a few aspects of insurance that…
Read MoreInsuring New Jersey Coastal Properties
Q: How does an investment property get valued for insurance? The best coverage will require that a building be valued at the reconstruction cost, which often is more than the cost to purchase, particularly if a building is distressed. This will allow you to have replacement cost coverage. Conversely, many policies will allow you to…
Read MoreInsurance Tips For Newlyweds
Being newly married is exciting, but it also comes with a lot of new responsibilities. One important responsibility is reevaluating your insurance coverage. Use the following tips to make sure you are adequately protected: Check Your Health Care Coverage Options Health care coverage is important because it covers the costs of preventative checkups, medications, and…
Read More#SaveYourSelfie: A Movement to End Distracted Driving
Between 2004 and 2013, the state of New Jersey experienced nearly 1.4 million motor vehicle accidents involving a distracted driver. These accidents resulted in more than 1,600 deaths and thousands more injuries. These staggering statistics encouraged New Jersey lawmakers to take action—as of July 1, 2014 the fines for talking or texting on a cell…
Read MoreHow Much Car Insurance Do You Need?
Whether you’re choosing your first auto insurance policy, making a switch, or looking for additional coverage, it is important to understand the basics of car insurance. Here’s what you need to know: Types of Car Insurance Coverage There are many types of auto insurance policies available. These policies provide various levels of protection. Some drivers…
Read MoreLife Insurance 101: What, Why and How
Having the discussion about life insurance isn’t always an easy conversation to have. It is, however, a necessary one. With the proper life insurance plan, and adequate coverage, you can ensure your loved ones will be financially cared for when you pass. What is Life Insurance? Like other insurance plans, a life insurance policy is…
Read MoreWhether Renting or Buying, Consider These Tips for Proper Insurance Coverage
We’ve been seeing continued improvement in the residential real estate market with home sales rising, interest rates continuing at low rates, and the job market showing enough improvement that people are comfortable selling their homes. The New York Times today has posted a useful calculator to help individuals determine whether the economics of buying make…
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…
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