Different Types of Auto Insurance Liabilities

Here is an excerpt from a new blog post at GreggMarcus.com:

When driving a vehicle, one might ponder the question, how much auto insurance liability is enough?  There is a wide array of auto insurance policies, providers, and liabilities.  It is up to you to be informed about your auto insurance policy and all that it provides to you.  In this article, Long Island Insurance Executive Gregg S. Marcus seeks to inform about the different auto insurance liabilities that are out in the market today. 

Although each state in the U.S. requires some degree of car insurance, the type of policy available varies by state.  New York State goes by two essential and required forms of auto liability insurance—bodily injury insurance and property damage insurance.  Now of course these two forms of liability insurance can be divided in many ways.  This is based on whether the bodily injury is non-fatal or fatal and how severe the property damage is.  Non-fatal bodily injury insurance provides coverage for the medical expense of the opposing car—that is, if you caused the accident.  This type of liability does not necessarily provide coverage for your medical expenses, so it may be broken up into two areas.  These two areas are divided up based on the bodily injury itself, thus providing coverage for one injured individual per accident.  This liability policy will provide coverage for medical expenses, lost money, pain, and long-term care.  The amount of people that are covered by the policy will be listed so that in case of an accident, you are aware of the medical coverage available to you.

To view this post in its entirety, click here to visit the Gregg S. Marcus official website.   

Small Business Insurance Requirements

 Here is an excerpt from a new blog post at GreggMarcus.com:

Basic small business insurance consists of four focal types of insurance.  These four types of insurance are professional liability insurance, product liability insurance, general liability insurance, and commercial property insurance.  In this article, Long Island Insurance Executive Gregg S. Marcus seeks to explain what these four types of small business insurance policies are all about. 

Professional liability insurance, which is also known as malpractice insurance, is used to provide coverage to small businesses for any potential financial losses due to errors done by the company itself or the company’s employers.  Some degree of professional liability insurance is legally required for those working in the medical field, including doctors, dentists, and osteopaths.  Other small businesses that are encouraged to purchase professional liability insurance are hair salons, massage therapy centers, and gyms that possess personal trainers.  This is because these small businesses provide services to people on a personal, routine basis.  This puts them at higher risk than other businesses to be held liable for potential injury occurring on their property.

To view this post in its entirety, click here to visit the Gregg S. Marcus official website.  

Five Factors That Affect Your Premium

Here is an excerpt from a new blog post at GreggMarcus.com:

 As many of you may know, there are plenty of factors that can affect the premium you pay on your homeowner’s insurance.  Being aware of these factors can help you lower your premium in no time.  In this article, Long Island Insurance Executive Gregg S. Marcus seeks to inform you of the five major factors that affect your premium.

First and foremost, the age of your home and the type of construction it possess have an enormous impact on what you will pay for your premium.  This is mainly because if you own a relatively new home, the structure and overall quality of the house is more reliable than that of an older home.  For this reason, insurance rates are lower for new homes as compared to old homes.  Structural features of a home, including up-to-date electrical wiring, recent plumbing, and having an HVAC (Heating, Ventilation, and Air Conditioning) system, can very easily lower your premium.

 To view this post in its entirety, click here to visit the Gregg S. Marcus official website.

Do You Have Enough Homeowner's Insurance?

Here is an excerpt from a new blog post at GreggMarcus.com:

There are multiple variables that determine the necessary amount of coverage for a homeowner.  More often than not, homes in the United States are undervalued, and as a result, do not have adequate insurance coverage.  In this article, Long Island Insurance Executive Gregg S. Marcus seeks to inform about the necessary coverage for homeowners under certain conditions.
The first underlying issue with homeowner’s insurance is that many people are unaware of how much their home is insured for and what kind of coverage they have.  This poses a big issue because if people are uncertain of their coverage, then how can they be aware of what they should be getting covered for?  Although basic homeowner insurance policies have what is known as liability protection, there are certain situations that call for additional coverage that is not provided by standard liability protection.  Liability protection provides coverage for any damage done to the home’s structure, coverage for valuable belongings, and coverage for any potential lawsuits pertaining to property damage or physical injury of persons residing in the home.

To view this post in its entirety, click here to visit the Gregg S. Marcus official website.  

Insurance Tips for Business Travelers

Here is an excerpt from a new blog post at GreggMarcus.com:


If you’re a business traveler, then you understand that spending constant time on the road can pose a lot of dangers.  This comes into play especially when driving a work vehicle that is not yours and is rather, a vehicle provided by your company.  Company cars possess a different insurance policy altogether, possibly leading to issues if you are unaware of the coverage that your company’s insurance provides.  In this article, Long Island Insurance Executive Gregg S. Marcus would like to give you some tips to ensure that you have coverage on the road as a business traveler.
The most efficient way to verify insurance coverage under your company’s business vehicle is to speak to your manager beforehand.  In doing so, you can be aware of exactly what your company’s auto insurance covers.  Also, it is important to be in touch with your insurance provider about what you are primarily using your own vehicle for.  If it so happens that the car you use for business is your own vehicle and not owned by your company, then it is important that you inform your insurance provider.  Factors including the type of car you own, your driving record, miles driven per year, and what you primarily use your car for will determine the premium that your auto insurer sets for you.  So, if your vehicle is primarily used for business purposes, it is essential that you make your insurance provider aware.  Otherwise, you could be paying more for your insurance than you should.

To view this post in its entirety, click here to visit the Gregg S. Marcus official website. 

How to Find Affordable Home Insurance

 Here is an excerpt from a new blog post at GreggMarcus.com

The most effective way to seek affordable home insurance is to apply for many quotes from insurance providers. By looking around for different insurance providers, you are more likely to find the deal that best suits you and your home. In this article, Long Island Insurance Executive Gregg S. Marcus recommends that you consider all of the variables carefully before settling for one insurance provider.
Many homeowners are familiar with the fact that they can save on their bills by increasing the deductible on their insurance. However, other homeowners choose to purchase both their homeowner’s insurance and their car insurance under the same insurance provider. This case scenario can create savings because most insurance providers have what is known as a loyalty program, giving advantages to people who stay with their company to insure more than just one aspect of their life. Another way to lower your insurance is to purchase a newer home because they are more up-to-date, and therefore lower to insure. The location of your home is also a key factor in the price of your homeowner’s insurance. For example, if your home is nearby to a fire department or if your neighbor’s possess a fire hydrant, your insurance will be cheaper. Taking safety precautions, like installing a security system in your home, could significantly lower your insurance bill as well.

To view this post in its entirety, click here to visit the Gregg S. Marcus official website.

How to Save Money on Your Car Insurance

 Here is an excerpt from a new blog post at GreggMarcus.com:

Anyone who owns a vehicle understands that there are both perks and downfalls to having car insurance. However, many people are unaware of the fact that a few simple steps can significantly lower what they will have to pay. In this article, Long Island Insurance Executive Gregg S. Marcus encourages drivers to keep some factors in mind before signing for an insurance company. First and foremost, it is important to contemplate key insurance factors before purchasing one’s vehicle of choice. For example, if one is to choose a car with turbo features, insurance companies are likely to charge more because they will think you are more inclined to speed since your car has features that allow you to do so. Also, cars of higher value will have greater car insurance due to the fact that they are more vulnerable to being stolen—thus, raising the theft insurance. Other insurance factors include where you park your car. If you park your car in a parking garage as opposed to on the street, you can save on insurance premiums. It is also vital to be aware of one’s credit score, for insurers base the amount of money you are entitled to on this key factor.
When searching for an insurance company that is right for you, it is essential that you base the insurance around your personal needs. Oftentimes, phone calls must be made to verify that the insurance provider is licensed by the state to do business in your given location. Also, research should always be done on the insurance company itself. After signing for a specific insurance provider, be sure that everything is in order by keeping copies of all insurance paperwork.

To read this post in its entirety, click here to visit the Gregg S. Marcus official website.

Tips for Finding and Insuring a New Apartment

Here is an excerpt from a new blog post at GreggMarcus.com:

If you are searching around for a new apartment, there are many options for finding a nice place, though you must be willing to do a bit of legwork. As with most things in life the more hard work you put in to researching, shopping and previewing the better your chances of finding a great place to live. In this post, Long Island Insurance Executive, Gregg S. Marcus  will explain the best ways to go about searching and properly insuring a new apartment and lay out some helpful tips regarding the apartment hunting business.

You need to first give yourself plenty of time to do an adequate search for your new residence. You should be well aware of your moving time frame. There should be absolutely no reason that you do not spend a few months shopping for places to live. A recommended time to start looking is two or three months prior to your current lease ending, before you know it, you’ll have to relocate for one reason or another.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

What You Should Understand About Home Owner's Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

You can easily reduce the rates of your home owner’s insurance with a few quick methods. Everyone knows that homeowner’s insurance can be a great expense but it is simpler than most realize to minimize. With little to no effort you can go from overpaying every month to saving up to hundreds a year. In this post, Long Island Insurance Executive, Gregg S. Marcus will lay out some helpful tips about how to save on your homeowner’s insurance and still hold all the coverage needed to stay safe.

One of the easiest and first things you should go about doing when looking to save on your home insurance is to insulate your water pipes. One of the most commonly claimed damage regarding homeowners insurance is a burst water pipe. Any claim with your home insurance provider will dramatically increase you annual insurance premium, therefore it goes without saying that you should insulate your pipes and save money!

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

Car Insurance Rates After an Accident

Here is an excerpt from a new blog post at GreggMarcus.com:

A car accident can truly and seriously affect your existence. A vehicle accident can be distressing and pricey, though apart from coping with the auto repairs and insurance claims you should also be aware of the expense of possible hospitalization and medication if anyone receives injuries. This being said the act of an accident can greatly affect and hurt your life both physically and financially. In this post, Long Island Insurance Executive, Gregg S. Marcus explains what you are to go about doing after getting into an automobile accident and how to handle the situation with as little stress as possible.

If one is to own a vehicle for a long time it goes without saying that you would like to obtain the best from your investment. Therefore it is important that you start searching for car insurance rates and evaluating what is best for you. Many people neglect the significance of insurance coverage for his or her vehicle. It is important to take advantage of getting a guaranteed intends to support your demands of insurance. With insurance coverage you don’t have to worry about the expense of fixing and looking after your vehicle.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

Auto Insurance—How and Why to Switch

Here is an excerpt from a new blog post at GreggMarcus.com:

Many people seem to hear that you can save some premium dollars if you switch from one auto insurance company to another. Usually companies will cut you a break if you are switching over from one of their competitors, this is the truth, however there is a bit more to it than simply saving money. You may be asking why I should switch my insurer. In this post, Long Island Insurance Executive, Gregg S. Marcus will explain how to go about switching insurance companies and how in the end it could save you hundreds on your premium.

If you are searching for better rates you should be sure to get comparable service. If you are only sure of lower rates but may be losing the provided service you were once receiving or the quality and extensibility of the coverage you should think twice before making the switch official. If you are just altogether dissatisfied with your current insurer for whatever reason, it is suggested that you shop around for a better company.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

How to Purchase Renter’s Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Most individuals who rent their homes cannot determine whether it is beneficial or not to hold a renter’s insurance policy.  How can you decide if renters insurance is for you? Do figure this out you will need to calculate the amount of liability coverage needed, assess the probability of property loss (including attaining the value of your possessions), estimate the deductible, and put everything together to determine what is right for you as a renter and what you should be looking for when purchasing renter’s insurance. In this post, Long Island Insurance Executive, Gregg S. Marcus will tell you everything you need to know about renter’s insurance, explain what is right for your specific needs and inform you on how to go about purchasing such a policy.

Analyze Your Liability
In regards to an apartment building, those living on the second floor or higher normally have a higher propensity to be liable for property damage to their neighbors, considering there are people living directly beneath them. If you have any form of water damage in your home you can be sure it will affect the others living below you. If you own a dog renter’s insurance will protect you in the event of the animal causing any harm. If you consider your home to be high risk you shouldn’t hesitate to purchase a policy.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

Lower Your Business Insurance Rate

Here is an excerpt from a new blog post at GreggMarcus.com:

It can be said that small businesses are the backbone of the American economy.  The younger businesses are where individuals apply creativity, ingenuity, and apply the greatest amounts of innovation. Though, when a business fails it can be deeply saddening on many levels. The loss of jobs, income and investments all take place when a business goes under.  With several variables at large, it is difficult to pinpoint when and where a business may fail. It can at times involve a product or service that the public isn’t interested in or other various reasons.  In this post, Long Island Insurance Executive, Gregg S. Marcus explains why business insurance is so important for a company to possess.
In order to help business firms find redress in these dire situations, insurance companies have devised policies in order to protect them from any unlikely situation that may come their way.  These policies are brought into place and designed to provide indemnity to the company, should anything beyond their control.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

Know What Your Homeowners Insurance Covers

Here is an excerpt from a new blog post at GreggMarcus.com:
It is true that most individuals don’t truly read or understand their insurance policy. The average person just knows that insurance is required when owning a car or a home, but beyond that most don’t look into their policies much.  When purchasing homeowner’s insurance it is rare that one knows what is covered and what isn’t until it’s time to put in a claim and at that time it is too late! In this post, Long Island Insurance Executive, Gregg S. Marcus explains what is usually covered and what you need to know about a basic homeowner’s insurance policy.
In most cases, a homeowner’s insurance will cover against the following things:

• Damage to the home from wind, hail, lighting and any other storm related damage.
• Theft from the premise.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

Car Insurance Tips Guide

Here is an excerpt from a new blog post at GreggMarcus.com:

In this day and age it is important to shield our assets from the array of damages which may harm them.  One of the leading assets of an individual is their vehicle.  Automobiles are a costly purchase and with the crime relating to them bursting in recent times it is important to be cautious when purchasing auto insurance.  This causes it to be mandatory. Car insurance is the perfect way to protect your automobile against danger via an accident or thievery.  In this post, Long Island Insurance Executive, Gregg S. Marcus  provides the best tips to finding the best auto insurance for you as well as explains the best ways to stay safe on the road.
Before selecting a policy, there are a few items you must take into consideration:

1. Before purchasing auto insurance be sure to get as many quotes as possible, as it is vital that you shop around. You never know the best deal you can get unless you shop around. Depending on the company and the coverage you wish to have your insurance premium can vary greatly

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

Ways to Obtain the Cheapest Auto Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Most individuals when asked how much their car costs them a month, they simply reply by explain what their car loan is monthly. People at often times do not take into consideration maintenance, gas, and usually the most expensive aspect, insurance. Lowering your insurance is one of the simplest and most effective ways to lower the cost of your commute, and can usually be accomplished with just a simple phone call to your insurer. In this post, Gregg S. Marcus, a Long Island Insurance Executive explains the most useful ways to lower your car insurance and therefore make your overall car expenses less.

Compare
Feel free to visit as many insurers as you would like and compare their prices. It is important to shop around as many insurance companies offer a variety of premiums and coverage that may differ from company to company and in turn vary greatly in price. The insurance industry is that of a rather large one, therefore there is a lot of competition and a lot of room to negotiate.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

HOW TO: Stay Safe in Your Vehicle

Here is an excerpt from a new blog post at GreggMarcus.com:

Though improvements in technology help to lower the number of car accidents that occur each year, it still remains that most accidents are the result of human error. In order to lower your risk of getting into an accident it is vital to practice safe driving skills. Regardless of whether you are a first time driver or have been behind the wheel for many decades, in this post, Gregg S. Marcus, a Long Island Insurance Executive advises that everyone follow these same safety precautions:

Slow Down!
It goes without saying that driving the speed limit is one of the simplest ways to stay safe. The old expression “speed kills” proves to be true. Studies have shown for every mile per hour you drive over the speed limit you are 4 or 5% more likely to get into an accident. With this logic while traveling ten miles past the speed limit (which happens quite often) you have nearly a 50% more likely chance of being part of an auto accident.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

Why You Need Car Insurance Even If You Don’t Own a Car

Here is an excerpt from a new blog post at GreggMarcus.com:

Most individuals erroneously believe because they don’t have a car that they don’t require auto insurance. Contrary to this belief, it is important to know that some form of insurance should cover anyone who wishes to drive at some point, even if it is not their vehicle. Needless to say, everyone who drives should be insured. In this post, Gregg S. Marcus, a Long Island Insurance Executive explains why it is so important to be insured, even if you don’t have a car.

Regardless of whether or not you own a vehicle, you should be covered in some way or another by an auto insurance policy, which meets the criteria of the specific state you live and drive in. Even though the car you borrow or rent may be covered by its own policy, the drivers must also hold their own personal insurance coverage. If you were to get into an accident for which you are liable you would have no financial liability without said insurance policy.

If you do not own a car and never drive then it is true that there is no need for you to purchase auto insurance. But if for some reason you are going to be at one point or another behind the wheel of a car, you must be insured. It is not just a legal concern to make sure that you are insured under your own policy, but it is vital in order to protect yourself from potential financial troubles.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

Understanding Your Insurance Policy

Here is an excerpt from a new blog post at GreggMarcus.com:

An insurance policy is a legally binding contract between an insurance company (the insurer) and either a person or business (the insured). Reading your policy helps you to confirm whether or not the policy meets your needs and also to clarify what the responsibilities of you and the insurance company are, especially when a loss occurs. Many individuals who take on a new insurance policy fail to carefully read what they are signing into and inadvertently pass over any exclusions or conditions that may affect them greatly. In this blog post, Gregg S. Marcus, a Long Island Insurance Executive explains what to look for when you are reviewing your insurance policy.

The four basic sections found in almost all insurance contracts are:

1. Declaration Page
2. Insuring Agreement
3. Exclusions
4. Conditions

The declaration page is the first part of any insurance contract, this section declares who is an insured, what risks or properties are covered, the policy limits, and the amount of time the policy is in effect.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.

The Truth About Car Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Purchasing auto insurance is a complicated and expensive process, which no one enjoys. Insurance companies’ premiums seem to always be overpriced as well as incomprehensible. This is why so frequently there is misinformation regarding insurance coverage and payments. In this blog post, Gregg S. Marcus, a Long Island Insurance Executive lists the most common myths relating to auto insurance, which have all been proven to be false.

My auto insurance company can cancel my policy at any time.  As long as you make your monthly scheduled payments, state regulations prohibit insurance companies from dropping you in the middle of your policy term. As long as you pay your premiums and have a valid driver’s license, insurance companies cannot cancel your policy. There are some reasons in which a company could cancel insurance policies, however, they do not have the right to do so at anytime.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.