Posts Tagged ‘insurance coverage’
What 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 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…
Read MoreRental Cars and Personal Auto Insurance
Is A Rental Car Covered By My Personal Auto Insurance Policy? If you go away and rent a car while on vacation, generally speaking you get the best coverage for an individual car – liability, PIP Medical, uninsured motorists, comprehensive (if you have it) and collision (if you have it) for a vehicle on your…
Read MoreWhy Personal Injury Coverage is Essential In the Facebook Age
The recent decision finding Dharun Ravi guilty for invasion of privacy in the Tyler Clementi case underscores the importance of parents having personal injury coverage added to the liability in their home insurance. Personal Injury covers you from invasion of privacy, wrongful eviction, slander, libel and defamation of character. Home insurance does not generally coverage…
Read MoreGlass Coverage on Auto Insurance Policies
Generally, an auto policy covers the windshield on your car if you have “full coverage” on the vehicle. Full coverage means that you have comprehensive coverage, which includes physical damage to the car not caused by an accident. Use of the comprehensive coverage is subject to a deductible; however, if the windshield can be repaired…
Read MoreThe Truth About Flooding: FEMA Flood Insurance Preferred Pricing (as of November 2011)
In the past few years, New Jersey has been affected by an increasing number of large storms. We’ve seen many customers suffer damage to their homes caused by outright flooding. As such, we are now suggesting that all homeowners in NJ carry flood insurance or increase their sump overflow coverage, particularly if they have a…
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