January 2022

27
Jan

How to Reduce Your Car Insurance Charges

It is mandatory for every car owner to have auto car insurance, and factors like age, gender, a record of prior claims, driving record, etc., can sometimes influence your insurance rates by making it increase. However, there are sure ways to help you lower your car insurance rates and get the best one possible on your policy. Read on to learn more about them.

    • The first thing to do is gather all knowledge on the costs of insurance before purchasing your car because the quality of your car can have a great impact on your insurance rate. For example, the year, model, and make of the car, if new, expensive or sporty, will be costlier to insure than vice-versa. Whatever car you aim to purchase, it’s best to contact your insurance agent to confirm what rate it will likely attract.
    • Secondly, by paying a higher deductible, which is the amount you are expected to pay out of your pocket before your insurer begins to pay for further expenses, you can end up saving much more on your rates. Your rates will be cheaper if you have a bigger deductible.
    • Thirdly, you have to be aware of your credit score because it will be considered when making rate calculations. By ensuring you pay your bills regularly and regularly checking the items that don’t belong to you are not on your history, you’ll be able to keep your credit score in the best shape.
    • Another way to keep your car insurance rates low is by inquiring about low-mileage discounts as they are offered to policyholders whose annual mileage is lower than the normal. Basically, the lower your mileage, whether due to a short commute between your work and home, or some other reason, the lower your rates will be with some insurance companies.
    • There are also group insurance discounts offered by some insurance companies to policyholders who are members of a certain organization or profession. You can ask your agent for a list of these groups and see if you qualify for such discounts.
  • Lastly, be sure to avoid lapses in your coverage because insurance companies in Greater NY area can use these lapses to increase your premium. By paying your insurance bills on time and making sure not to quit your previous carrier until the new coverage kicks in (if you plan to change carriers), you won’t experience disqualification from receiving the appropriate discounts.

At Abatelli Insurance, we have a wide range of car insurance policies that will surely cater to your needs. Contact us today for more information on ways to reduce your car insurance rates in the Greater NY area, especially the ones that are perfectly suitable to your needs and situations. This will keep you from making costly mistakes where your insurance policy is concerned.

13
Jan

Homeowners Insurance Coverage for Fire Damage

Homeowners insurance is something every homeowner should have, especially since it helps to provide adequate coverage for your home and belongings in the event of an unfortunate incident such as a fire outbreak.

In order to be more prepared for fire damage to your home or belongings, it is important that you are well-informed about the coverage provided by your insurance policy and how much protection it provides. You should also know that if your policy will help pay for repairs or replacement of your home and its contents in the event of a fire outbreak.

Coverage Limit for Fire Damage

Your coverage limit is simply the maximum amount your insurance policy is liable to pay you after a loss that is qualified for coverage, and it can be based on the worth of your property and its contents. There are a lot of things to consider before choosing a coverage limit offered by your insurance policy, and they are:

  • Personal Property:

    Most times, personal properties are damaged alongside the building during a fire outbreak, so it is important that your policy provides adequate coverage for them by increasing the limits for personal property. For things like pieces of jewelry, expensive arts, etc., you might need to purchase additional coverage for their protection. Also, before making your decision, be sure to inquire if your policy offers actual cash value coverage, which pays for the depreciated value of your damaged items, or replacement cost coverage which pays for the purchase of a new item at the recent price.

  • Dwelling Coverage:

    This is a very important thing to consider when choosing a coverage limit as construction costs and home values are known to vary from time to time, so the cost of rebuilding your home after a fire might not be the same as the price you initially paid for it.

Fire Damage Not Covered by Homeowners Insurance

Although homeowners insurance has coverage for fire damage, there are certain types that it might not provide coverage for. For example, homeowners insurance does not offer coverage for a fire that has been intentionally started in your home for whatsoever reason, which is why you should pay close attention to toddlers if you have any in your home. Also, homeowners insurance will not pay for repairs or replacement of fire-damaged properties in your home if the fire is caused by an act of war.

Safety Measures

Although you might have purchased homeowners insurance coverage for fire damage, there’s no harm in engaging safety measures against a fire outbreak in your home, especially since losing one’s belongings is a sad occurrence. You can also install smoke detectors and place fire extinguishers at strategic places in your home to protect it and its content in the event of a fire. If possible, also educate those who live with you about the proper ways to kill a fire once it starts.

Be sure to contact your insurance agent or company for more knowledge on the risks covered by your insurance policy and those that aren’t. Purchase the right insurance policy with suitable coverage for your situation and needs today. We provide a comprehensive choice of homeowners insurance policies at Abatelli Insurance that will undoubtedly meet your needs. To learn more, please get in touch with us immediately.

COVID-19 Update

We are no longer working remotely. You can reach us at (718) 352-6000 Letter to Policyholders