Blog Archive

19
Mar

Homeowners Insurance and Your Home-Based Business

How to protect your home-based business.

 

Do you work full-time from home? Perhaps you operate a side business out of your home? If so, be aware that your homeowners insurance policy may not cover several aspects of your home-based business. In order to safeguard your hard work, you may need to take out additional coverage. Without it, you leave your business exposed to damages to property, data losses, lawsuits, and unforeseen potential damages.

 

What homeowners insurance won’t cover

It’s a good idea to review your homeowners insurance to see exactly what it does and does not cover. If you run a business out of your home, which insurers qualify based on regular foot traffic directly from your business and inventory being stored at the property, then you may need to look outside home insurance and obtain commercial insurance.

 

Generally, home insurance won’t cover your business’s equipment or operations. That means if there’s a fire in the property or a client visiting you gets injured, you will be on the hook for paying related expenses and damages.

 

Additional coverage

There are a few ways to protect your business property:

  • Home insurance endorsement: An endorsement can be added to your home coverage to increase coverage for business-related equipment and assets. You may also be able to pick up a liability endorsement in case someone is injured on your property.
  • Business owners policy: Generally referred to as a BOP, a business owners policy provides coverage for small to mid-sized businesses. BOPs offer business owners broad coverage, including general liability protection and property insurance in a single policy.
  • Separate business insurance coverage: You can select a separate insurance policy depending on the kind of coverage you want to have. For example, you might purchase business income insurance (also known as business interruption insurance). You can also purchase general liability insurance to protect your business from third-party lawsuits.

 

Still have questions about insuring your home office? Contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage!

5
Mar

International Women’s Day 2020: Tips for Starting a Business as a Woman

Celebrating International Women’s Day as an entrepreneur!

 

Did you know that Sunday, March 8th, 2020 is International Women’s Day? It’s a day to celebrate the women of your life, from your mother to sisters to spouse to daughters and co-workers. It’s also a day take stock of what you’ve achieved as a woman. If you’re a women considering starting your own business but struggling to get your idea off the ground, you’re not alone. It’s no secret that women are rising to the top in business, but can struggle simply because of their gender. To help, we’ve rounded up some essential tips to consider when starting a business as a woman.

 

Fit your business into your life

Running a business involves long hours of work and this can be more complicated for women than men. If you do the bulk of the domestic care work, whether that’s caring for your children or looking after an elderly parent, you may need to ask for help while getting your business off the ground. Make sure that you know how you can fit your business into your lifestyle so you don’t burn out.

 

Find support and network from there

One of the challenges faced by women in business is that they’re generally excluded from the boys’ club of powerful, established players. This isn’t always deliberate but it can happen. If possible, network with people in your local community and attend women in business workshops. It pays to be around like-minded, influential people as there are always ways of helping each other.

 

Get marketing

Launching a business can be tough whether you’re a male or female. However, many females can use social media and marketing as their strength – Reach out other women when you need help, hone in on your communication skills, and don’t be afraid to mark your business with a ‘woman-owned and operated’ stamp!

 

Women can not only succeed in business, but they can thrive. For the right commercial property insurance policy, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage!

 

6
Feb

3 Ways Extreme Weather Can Affect Your Home

How heavy wind and rain can impact your property.

 

The winters in Wisconsin can be unpredictable. Heavy winds and rain can wreak havoc on a property, causing damage that homeowners least expect. We’ve taken a look at the effects of extreme weather conditions so you can be better prepared.

 

Wind

This is probably the most obvious type of damaging weather pattern. Extremely powerful winds can scrape shingles off the tops of roofs and pull gutters away from rooflines. Even wind gusts that aren’t as strong can cause large tree limbs to break and fall onto homes, which can cause roof leaks and bring down gutters. Be sure that your roof is in good condition, and that weak tree limbs are cut down before they’re turned into flying debris.

 

Rain

Though the rain itself usually doesn’t cause structural damage, any water that leaks into a home through gaps in the roof or walls can lead to messes that can be costly to clean up. The rainwater can also lead to damage to walls, ceilings, and floors, which can cause mold and mildew problems throughout a home. Before a rainstorm hits, make sure that the gutters are clear of debris that could cause blockages and leaks.

 

Snow

A little bit of snow usually doesn’t cause any problems. Multiple feet of snow can weigh on a roof or gutters and overwhelm physical support systems, causing buckling or holes in the roof and gutters to snap. The same effect can be seen on overhanging tree branches, which can fall onto houses and wreak havoc.

 

Make sure you have a homeowners insurance that you can rely on. Need help finding adequate insurance? Contact Abatelli Group, Inc., serving Whitestone and neighboring cities in New York with the right and reliable coverage.

23
Jan

Tips on How to Create an IT Disaster Recovery Plan

Building your disaster recovery plan.

 

Losing data on your personal computer is extremely frustrating. As annoying and time-consuming this type of data loss is, it is nothing compared to the losses that could be suffered by a business that has no IT disaster recovery plan in place. Losing digital data can be devastating for a business, with at least 90 percent of companies filing for bankruptcy after being without their data for more than 10 days. To protect your data, here are some tips on how to build a disaster recovery plan.

 

Inventory your assets. You need to know what tools you have and what impact they will have on your business if they go down. Your inventory needs to include services, storage devices, applications, data, network hardware, and network apps.

 

Identify your critical systems. There are some assets that your business needs to run smoothly. Yours might be different from another business in the same industry, so think about what your company really relies on. These are the systems you need to monitor most closely and prioritize in the event of a disaster.

 

Prepare for different disaster levels. There are many types and scales of disaster. Sometimes, just a small disaster can lead to a longer outage if organizations are not prepared. Your strategy should have different levels of response along with those employees who are responsible for implementing these steps.

 

Build a critical response team. A great recovery strategy is useless if there isn’t a team to bring the systems back online. Everyone in your response team should know what they are responsible for and how best to work together to reach a solution.

 

These tips can help you to build out the right data recovery plan. For the right commercial property insurance policy, contact our expert team at Abatelli Group, Inc. today. We serve Whitestone, Flushing, Bayside, Little Neck, and surrounding cities of New York with reliable coverage!

9
Jan

Quick Tips to Save Money on Auto Insurance

Simple steps to keep more money in your pocket.

 

Car insurance. Whether you hate it or love it, the expense is pretty much a must. While you may not have a choice in paying the monthly bill, there are ways you can reduce your cost to better fit your budget. Here are just a few easy ways to shave down your auto insurance expense.

 

Bundle policies

Are you and your spouse on the same insurance policy? Is your homeowners insurance from a different provider than your auto insurance? Whenever you combine coverage with one carrier, you’re guaranteed to save money. This can come in handy if you have multiple drivers in the household or have several policies to keep track of.

 

Switch up your commute

Insurance providers base your annual premium rate on how many miles you drive, among other factors. If you can, look for ways to lower your mileage, whether than means working from home a day or two or hopping on public transport. Reducing your annual mileage can help you save money on auto insurance and gas!

 

Become a defensive driver

Did you know that completing a traffic school course voluntarily could reduce your premium? Many insurance carriers have discount programs in place for drivers who elect to take a defensive driving course. Get in touch with your carrier to see if they offer a discount for completing a course.

 

Finding affordable auto insurance doesn’t have to be difficult. To get started on quality coverage, contact Abatelli Group, Inc., serving motorists in Whitestone and neighboring cities in New York.

12
Dec

7 Tips for Safer Travel During the Holidays

Stress-free travel tips for the holidays.  

The holiday season is a time for traditions and family – and that usually means traveling over the festive period, which can be arduous and hazardous. By taking a few simple precautions, you can keep your family safe and protect your journey, too. Discover how to get around safely with our tips for traveling during the holiday season.

  1. Plan journeys ahead of time and tell someone where you’re going. Map out a couple of different routes in case you encounter heavy traffic or roadworks.
  2. If you are going to be driving, make sure your vehicle is in good condition. Check the tires, brakes, lights, battery, fluids, and emergency kit.
  3. The weather can change quickly during this time of year. Check weather conditions before setting off and avoid driving in poor conditions.
  4. Avoid distractions behind the wheel. Make sure your GPS is set up, the kids are entertained, and your phone is out of reach before starting the vehicle.
  5. Never drink and drive.
  6. Don’t forget to leave your house secure by locking all the doors and windows and setting the alarm if you have one.
  7. Make sure all insurance policies are up to date and the policy has the cover you need, especially if you are driving many miles or leaving your home unattended.

Make sure that you have an auto insurance policy that works for you. To get started on quality coverage, contact Abatelli Group, Inc., serving motorists in Whitestone and neighboring cities in New York.

5
Dec

Homeowners Insurance Endorsements to Consider

Consider these coverages to add on to your home insurance.

Your homeowners insurance is designed to protect you when the worst happens. For the most part, it does. However, every policy has limitations and exclusions. The best way to protect y our property is to know what your policy excludes and how to fill those gaps. Home insurance endorsements can help. Take a look at common home insurance endorsements to consider.

  • Scheduled personal property

While your home insurance will cover your belongings, your high-value items may not have enough coverage to be replaced if they are lost in a peril. Scheduling your property with a rider helps to ensure that your expensive belongings, such as jewelry, art, antiques, musical equipment, and more are covered from disasters.

  • Sewer backup

A sewer backup can be caused by anything from clogged drains to damaged sewer lines – and it can cause sewage to back up into your home. Just a few inches of this can quickly ruin your property. Since sewer backup coverage isn’t always included in standard home insurance policies, adding it as an endorsement is a smart move to make.

  • Home-based business

If you’re thinking of launching your own business from your home, be sure to talk to your insurance agent first. Business activities, even small-scale ones, are not covered by standard home insurance policies. This means that your business property is vulnerable. You may be able to add a home-based business endorsement to your home insurance policy instead of purchasing a full commercial insurance policy.

Make sure you have a homeowners insurance that you can rely on. Need help finding adequate insurance? Contact Abatelli Group, Inc., serving Whitestone and neighboring cities in New York with the right and reliable coverage.

21
Nov

Do I Need to Take a Home Inventory?

How and Why You Need a Home Inventory List

If you were asked to make a list of everything inside your home from memory, could you do it? Chances are, you’d end up forgetting a few things, right? What if there was a major disaster and you had to file a homeowners insurance claim. Then, your insurer asks you what belongings you lost in the disaster. This is where a home inventory list comes in handy – yet is often overlooked by homeowners.

What is a home inventory list?

A home inventory is a list of everything you own and that is inside your property. It helps insurance carriers understand the value of belongings you lost in a peril, and what needs to be replaced. Having an up-to-date home inventory on hand can speed up the claims process after a disaster, helping you to get back on your feet as quickly as possible.

How to start your home inventory

Creating a record of everything your home can sound daunting. But there’s no need to get overwhelmed.

  • Choose a starting point – and work room by room
  • Take pictures or a video of all of your belongings
  • Make sure to capture serial numbers/identifying features
  • Write down a list of all of your belongings and their value
  • Keep your receipts and scan them in or take a picture so that you have a digital copy
  • Store the inventory both on paper and digitally so that you have multiple versions to rely on

Make sure to update your inventory when you purchase new belongings or sell any possessions. Make sure you have a homeowners insurance that you can rely on. Need help finding adequate insurance? Contact Abatelli Group, Inc., serving Whitestone and neighboring cities in New York with the right and reliable coverage.

12
Sep

Top Benefits of Securing Renters Insurance

Reasons Why You Need Renters Insurance Coverage

If you’re a renter and own things, you need renters insurance coverage. Yet, many renters overlook this coverage, believing that they have too few possessions or think that coverage is more expensive than it is. Renters insurance is designed to provide help when you need it the most, and it can protect your belongings and wallet when the worst happens. There are a few broad reasons to purchase renters coverage, including the ones below.

Protection from theft

If your precious belongings are stolen or vandalized, your renters insurance coverage can help to repair or replace these items. What’s more, this coverage works outside of your home. Even if you’re on a flight to Miami and your laptop gets stolen from the overhead locker, your coverage will step in to help with a replacement.

Protection from fire

Renters insurance can help to cover your belongings if they are destroyed in a fire or damaged from smoke. Whether you cause a fire because of an unattended candle or your neighbor falls asleep with a lit cigarette, your insurance can step in to help. Renters insurance can pay you for your loss and pay for a place to stay while the damage is repaired.

Personal injury

While visiting your apartment, your neighbor trips and injures themselves in your place. Whether they got injured or their property gets damaged while in your apartment, you could be held responsible. Renters insurance can help to cover their medical costs and more.

Ready to get started on quality renters insurance coverage? Contact Abatelli Group, Inc., serving Whitestone and neighboring cities in New York with the right and reliable coverage.

22
Aug

How to Prepare for a Power Outage Caused by a Storm

How to prepare for a power outage.  

The weather can change in an instant, meaning that homeowners should always be prepared for the worst. Part of this preparation is to prepare for a power outage caused by a storm. Storms can bring strong winds and heavy rain that knock down power lines, leaving homes without power from a couple of hours to several days. Here are a few tips to help make sure you are prepared for a power outage.

  • Keep a flashlight in an easy-to-reach location. Supply it with fresh batteries and keep an extra set of batteries close by. Avoid using candles as a light source if possible.
  • Get a portable radio that you can use for emergencies. This will help you to stay informed about the storm and progress of getting the power back up and running.
  • Keep your cellphone charged so that you can make calls in the event of an emergency.
  • Stock up on non-perishable food and drinking water. Avoid opening the fridge and freezer at all during the power cut.
  • Keep a stocked first aid kit, any medications, blankets, and your pet’s supplies in a bag in case of an emergency.
  • Unplug large appliances and devices to avoid them from being damaged if a power surge occurs.
  • For expensive appliances, consider installing surge protectors.

Remember that a homeowners insurance policy can help to get you back on your feet after a disaster.  Make sure you have a policy that you can rely on. Need help finding adequate insurance? Contact Abatelli Group, Inc., serving Whitestone and neighboring cities in New York with the right and reliable coverage. 

COVID-19 Update

Our office remains open and our staff is working remotely to continue to service our clients. You can reach us at (718) 352-6000