Abatelli Group, Inc.

28
Apr

Three Things You Can Do If You Don’t Have Access to Workers’ Compensation Insurance

Employers in every state are required to carry some type of protection for their employees. This means they must have a Workers’ compensation policy in place or another form of insurance to ensure employees are sufficiently compensated for their medical expenses and any wages they may have lost due to their work-related injuries. When an employer does not have proper coverage, the employee has options they can pursue to be compensated. Before choosing a path to follow, ensure that all of your documentation is in order.

Hire a Personal Injury Attorney and File a Lawsuit

One of the first things an injured employee should do when they have experienced a work-related injury is to contact a personal injury attorney. If your employer does not have Workers’ Comp insurance or no other means to compensate you, then you can ask your personal injury attorney to file a lawsuit on your behalf. Time is of the essence, and filing deadlines must be met. It’s important that you have as much documentation as possible when hiring your personal injury attorney.

File a Claim with Your State’s Uninsured Employers’ Funds

States across the country have an uninsured employer’s fund. If you find out that your employer does not have Workers’ compensation insurance, you can file a claim with the Uninsured Employer’s Fund. The key is to file as soon as possible after the accident and make sure to provide as much documentation as possible. Photographs and witness statements will be needed to substantiate your claims. You should also have any medical reports related to the work-related injury. Present the entire file when you make your claim with the state.

File a Short-Term Disability Claim

An injured employee also has the option to file a short-term disability claim. Short-term disability will provide some compensation but not as much as an actual Workers’ comp claim. The short-term disability claim must be filed with your employers’ insurance and followed up by regular visits to your doctor. A short-term disability normally only remains in place for approximately three months. If the injury is more severe and more time is needed, a lawsuit may be the employee’s only other option.

What If Your Employer Tries to Settle with You?

Even though your employer does not have Workers’ Compensation insurance, they may attempt to settle with you. It’s important to ask for a mediator or someone who can negotiate a settlement amount for you. Hiring a personal injury attorney or having someone from your insurance company recommends a mediator will ensure that you receive sufficient compensation for your injuries.

Being injured at work can be frustrating, especially if your employer does not have any Workers’ comp insurance to fall back on. If you have questions and need answers from a knowledgeable agent, contact us today. At Abatelli Group INC., our agents have the answers you are looking for and will be able to guide you through the whole process of getting compensation from your employer.

14
Apr

Things You Should Know Before Subscribing to Property Insurance

Securing property insurance for your home should be a top priority to avoid potential financial loss. Every home is vulnerable to some type of disaster, from severe storms to theft to vandalism. Purchasing the right insurance policy for your home will help mitigate worst-case scenarios. Here are important points to know about property insurance.

Why Homeowners Need Property Insurance

As a homeowner who has worked hard to buy property, you don’t want to see a sudden event destroy your home and its value. Choosing the right property insurance will protect the value of your home’s structure and its contents. So if it burns down in a fire or gets destroyed by a flood, your insurance agency will be there to pay for a new one based on its reconstruction value. In other words, the insurer pays what it would cost to rebuild your home.

Property insurance doesn’t just cover damage to your home but also provides liability coverage if someone is injured on your property. One of the most common cases of visitors getting hurt at a friend’s home is slipping and falling, especially in winter when walkways can be slippery. Therefore, you must know what your property insurance covers.

Different Types of Property Coverage

Before signing up for a homeowners’ insurance policy, make sure you know what it covers. Not all policies have the same features, as it comes down to the insurance company and how it crafts specific plans. It helps to review the policy with an experienced insurance professional.

Your basic homeowner’s policy covers two broad areas: property damage and liability. Property damage includes when a tree falls on your roof, and you need new roofing. It also includes certain types of flooding, although areas prone to flooding may require special coverage and typically cost more. Standard plans also typically cover losses from theft and vandalism.

If you need a specific type of coverage that isn’t listed in your basic plan, you can add coverage extensions known as endorsements. There are numerous endorsements to consider based on various factors. Earthquake coverage, for example, typically isn’t part of a basic plan, but you can add it as an endorsement. In fact, the best homeowners’ policies are customized to cover specific risks that apply to the home.

Property Coverage Insurance Costs

The average cost of homeowners’ insurance in the United States is about $1,400 per year, according to 2022 Bankrate estimates. Rates vary depending on factors such as location, age of the home, size, and the number of occupants.

You can lower monthly costs either by lowering risks or raising your deductible, which is the amount you pay upfront for damage when you file a claim. The deductible is a small portion of the total costs, in which your insurance company pays the balance.

Cover Your Property with Abatelli

When you buy a new home, one of your first considerations to protect it should be enrolling inappropriate property insurance. Contact us at Abatelli Insurance Group for more information on providing your home with solid financial protection so you can sleep better at night.


COVID-19 Update

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