Home Insurance and Infestations: FAQ’s

Posted on by admin

One of the many benefits of having your Tinton Falls, NJ, area home insured through York Jersey Underwriters Inc. is access to our team of professionals when you have a question about your homeowners’ insurance. We receive questions about a wide range of topics, including infestations.

Here are some frequently asked questions we get about infestations and homeowners insurance.

What is an Infestation?

An infestation is an unwelcome invasion of pests, rodents, or insects that can damage your home through swarming, nesting, and other means.

What Pests May Be Included?

Infestations can occur from mice, rats, squirrels, bees, wasps, termites, roaches, and more. While some pests can be a nuisance, some, such as termites and carpenter ants, can cause extensive damage.

Is Damage From an Infestation Covered Under Homeowners Insurance?

Generally speaking, infestation damage is not covered by home insurance.

Why Aren’t Infestations Generally Covered?

Home insurance is intended to protect against unexpected damage like fires and theft. Infestations are considered preventable and are included as part of home maintenance, which is considered the responsibility of the homeowner.

Maintaining Your Home and Property

Home maintenance is a critical part of the provisions of your homeowners’ insurance policy. This includes keeping your home termite- and pest-free. While your home insurance may not cover damage from pest infestations, many pest control companies include protection as a part of their warranty.

Get The Answers to Your Questions Today

If you have questions about your home insurance, would like an insurance review, or want a price quote, contact us at York Jersey Underwriters Inc. We serve the Tinton Falls, NJ, area with personal, professional service to help protect you.

Toy Retailer Insurance

Posted on by admin

Do you sell toys in Tinton Falls, NJ, or anywhere along the Jersey Shore? York Jersey Underwriters Inc. has two tips for toy retailers that get overlooked by agencies that don’t have a lot of experience writing policies for toy stores.

Toy Retailers Need More Than General Liability Insurance

Every retailer needs general liability insurance. This insurance protects your assets when a customer slips on your floor, a toy falls (or gets pulled) off the shelf and hits someone, or a shopping cart hits a car in your parking lot.

Toy retailers have additional exposure to product liability. Whether you are in Tinton Falls, NJ, or anywhere along the Jersey Shore, you can get sued when customers or their children injure themselves with a toy they buy at your store.

  • You can get sued when a customer injures a third party with a toy bought at your store.
  • You can even get sued for emotional damages when a toy you sell does not work.

In New Jersey, the "strict liability rule" means that toy retailers can be found liable even when an injury was not due to negligence or harmful intent. Litigants in New Jersey only need to prove that a toy caused an injury.

There is a law firm in Bergen County, New Jersey that only represents families that have bought defective toys. If you sell toys in New Jersey, you need to see York Jersey Underwriters Inc. to ensure adequate liability protection.

In New Jersey, Good Recordkeeping Is Essential for Toy Retailers

In New Jersey, the statute of limitations runs two years after an injury occurs or two years after the injury is discovered. That isn’t two years after you sell a toy. That’s two years after a problem arose with it.

Litigants may have false memories of where they bought a toy. The ability to show that they didn’t buy a problem toy from you may save you thousands of dollars in legal fees and months of aggravation.

No matter where you live in the USA, York Jersey Underwriters Inc. can serve all your commercial insurance needs. Call us to review your coverage and ensure you have the insurance you need.

What States Require Auto Insurance?

Posted on by admin

If you own or drive a car, it’s important to know about your state’s auto insurance rules. You could lose your license and face large fines or other penalties if you don’t obey these laws. It’s also possible that you’re still required to have auto coverage even if your state hasn’t mandated it. No matter where you are in the United States,  York Jersey Underwriters, Inc. is here to help. 

States That Require Insurance

Nearly all U.S. states enforce laws demanding car insurance, including major states like California, Texas, and New York. The Garden State also requires it, so adequate coverage is a must for motorists here in Tinton Falls, NJ. The specific types and amounts of insurance differ depending on where you live. You’ll probably need certain minimum amounts of liability coverage for both damage and injuries.

States That Don’t Require It

It’s easier to list the states where vehicle insurance isn’t required by law: Virginia and New Hampshire. However, a yearly uninsured vehicle fee applies to Virginia drivers without coverage. New Hampshire expects uninsured motorists to provide proof of adequate financial resources. Drivers in both states remain financially responsible for any harm they cause.

Explore Your Options

There are other reasons why you might need to insure your car. An employer may require insurance if you use the vehicle for work-related purposes. Lenders often expect borrowers to remain insured until their car loans have been paid off. In New Hampshire, motorists who have committed certain crimes are required to have insurance.

Our insurance experts at York Jersey Underwriters, Inc. serve drivers all over the United States. Reach out to us today and we’ll help you explore your options. 

Is Your Business Protected From Car Crashes?

Posted on by admin

Running a business is a tough experience and requires strong commercial insurance. For instance, what happens if a car crashes into your building or otherwise impacts you? You’ll need to work with our team at York Jersey Underwriters Inc. to get the support that makes sense for you.

Your Policy Will Protect You From Crashes 

Your commercial insurance will cover multiple things that impact your operation, including car crashes to your vehicles or any that affect your business. For example, if a driver loses control and smashes into your storefront, your commercial policy should kick in to protect you. 

As a result, it’s important to keep your coverage up to date and to talk with your provider regularly to learn more about how yours works. Doing so can cut back on various expenses, ensure that you fully understand your needs, and even provide the help you need to choose the best policy options.

What It Pays to Manage 

Your policy should cover any damage caused by a car crash. For example, it should pay to replace broken storefronts and even lost inventory. Furthermore, it should pay business interruption support while you get repairs, even cover lost wages, and keep your employees paid.

Note that your protection level may vary depending on your policies. Therefore, it’s a smart idea to talk with your provider before anything happens and to set up protection. We particularly suggest this step if you operate in an area where a car crash is likely, such as in a busy downtown area.

Give Us a Call Today

To protect your businesses, please contact us at York Jersey Underwriters Inc. today. We’ll talk with you and find a policy that works, including those that can keep you safe from unexpected and dangerous car crash risks.

Four priorities you should focus on when you choose a home insurance policy

Posted on by admin

Homeowners in Tinton Falls, NJ need to understand the importance of choosing the right home insurance solutions. At York Jersey Underwriters Inc., we can help you make the right choices when you buy insurance coverage for your home.

Here are four priorities you should focus on when you choose a home insurance policy:

Getting adequate personal property coverage for high-value possessions

If you’re a homeowner with particularly expensive items in your home like high-value electronics and jewelry, you might want to invest in added personal property coverage.

You should have enough personal property coverage to cover the full value of their possessions in your home. 

Protecting your assets with your liability coverage

You could be sued for damages if a guest becomes injured in your home. This is where liability coverage becomes important. For complete coverage, it’s a good idea to have enough liability coverage to adequately protect your assets in the event of a lawsuit. 

Meeting the requirements of your mortgage lender

Mortgage lenders require borrowers to carry home insurance. You need to make sure that the home insurance policy you purchase includes the amount and types of coverage that your mortgage lender requires.

Choosing the right home insurance provider

Don’t assume that it doesn’t matter which home insurance provider you purchase a policy from. You need to find a dependable home insurance provider that offers excellent customer service to avoid headaches in the future if you eventually have to file a claim on your policy. 

Reach Out To Us

Consumers in Tinton Falls, NJ who are on the market for home insurance can get in touch with us today at York Jersey Underwriters Inc. for a home insurance policy quote. 

What should I have included in my toy insurance plan?

Posted on by admin

It is always a good idea for those who are in the Tinton Falls, NJ area to have proper insurance. When you are looking to improve your personal insurance situation, it would be a great idea to consider all of your assets. One asset that needs to have insurance is a recreational toy. There are various types of coverage that need to be included in this type of insurance plan. 

Liability Coverage

It is very important to have a toy insurance plan because you will want to have liability coverage. While recreational toys can be very fun to use, they do come with some risks including the risk that you cause an accident. If this happens, you will need to cover the damages caused by the accident. With liability coverage, you will have financial support in these situations. 

Cover Assets

You should also get a toy insurance plan so you can cover your assets. If you do choose to purchase a recreational toy, you will know how much it can cost to buy and care for. To ensure that your investment is covered, you will want to get toy insurance. A full plan with comprehensive coverage will protect your asset and investment in many situations including if it is damaged in an accident or you incur a loss due to theft. 

We Are Here To Help

Having a proper insurance plan for any recreational toy in Tinton Falls, NJ or other areas is very important. When you are looking for this coverage, you need to call our team with York Jersey Underwriters Inc. At York Jersey Underwriters Inc., we know the value of this coverage and can ensure you select the right plan for your situation. This will help ensure you remain appropriately supported and covered. 

Four problems you could face if you don’t have commercial insurance

Posted on by admin

Commercial insurance can save business owners from a lot of potential problems. If you are a business owner in Tinton Falls, NJ, we can come to your assistance regarding your commercial insurance needs at York Jersey Underwriters Inc.

The following are four problems you could face if you don’t have commercial insurance: 

Losses due to theft or vandalism

Commercial insurance provides protection against losses caused by theft or vandalism. This coverage ensures that businesses can recover financially from stolen property or property damage caused by acts of vandalism, helping to mitigate the financial impact of such events.

Costly lawsuits due to liability issues

Lawsuits can lead to huge expenses for businesses. That’s why it’s so important to carry commercial insurance that protects against lawsuits resulting from liability issues.

With commercial liability coverage, businesses can get legal costs covered if they face a lawsuit. 

Difficulties securing business loans

Acquiring capital is important for growing a company. As companies grow, they typically look for investors and business financing.

Carrying commercial insurance can make a company more attractive both to business loan lenders and investors. Your company’s commercial insurance policy can therefore make it easier to acquire financing. 

Difficulties attracting customers

Carrying commercial insurance can also make companies more attractive to prospective customers. Customers will view your company as more professional and reliable if your company carries commercial insurance. 

Consult With Us

Call us today at York Jersey Underwriters Inc. to get a quote on a commercial insurance policy. Invest in the future of your company in Tinton Falls, NJ with a commercial insurance policy that protects you against the financial risks that you face as a business owner. 

The Many Auto Insurance Options

Posted on by admin

Some insurance commercials tout customized car insurance, but every insurance company offers that. When you enter your information, such as your vehicle identification number (VIN), name, and address, York Jersey Underwriters Inc. automatically offers you full coverage insurance. You can add or subtract coverage as long as you leave the NJ state-mandated coverage in place.

Basic Coverage: What You Must Legally Keep

Whether driving in Tinton Falls, NJ, Newark, Trenton, or any other location in the Garden State, you must carry valid auto insurance that fulfills the state’s minimum requirements. That means you must keep the following:

  • Property damage liability in the amount of $5,000 per accident
  • Personal injury protection (PIP) in the amount of $15,000 per person per accident
  • PIP coverage of up to $250,000 for specific serious injuries.*

The serious injuries specified under PIP include disfigurement, significant or permanent brain injury, or spinal cord injury. Other significant injuries requiring medically necessary treatment at an acute care facility or trauma center immediately following an accident also fall into this category. The policy only covers acute care/trauma center care until the patient’s doctor determines they are stabilized and can transfer to another facility.

Standard Coverage: A Better Choice

The 5/15 coverage comprises the NJ Basic Policy, which the state only recommends to those with few family responsibilities and assets. Most individuals choose at least the standard policy offered in New Jersey, then add to it as needed. The standard policy comes closer to the state minimums of other US states by including:

  • Bodily injury liability coverage in the amount of $25,000 per person per accident
  • Bodily injury liability coverage in the amount of $50,000 for all persons per accident
  • Property damage liability coverage in the amount of $25,000 per accident
  • PIP coverage in the amount of $15,000 per person per accident
  • PIP coverage of up to $250,000 for specific serious injuries.*

The standard policy PIP includes the same specific serious injury coverage as the basic policy. In New Jersey, you can have your insurer add uninsured/underinsured motorist coverage to a standard, but not a basic policy.

Options We Automatically Offer

At York Jersey Underwriters Inc., we automatically include comprehensive and collision coverage in our insurance quote for you. This lets you consider these important policy options that protect your vehicle. If you hit a fence, for example, collision coverage pays for the repairs to your vehicle. Comprehensive coverage handles items like theft of the vehicle or damage from hail.

What You Can Also Add to a Policy

You can add other auto insurance options, such as roadside assistance coverage. Roadside assistance provides similar services to auto clubs, such as a tow truck when you need it or fuel brought to you on the roadway if you run out of gas.

Contact Us Today

Contact York Jersey Underwriters Inc. to create your custom auto policy. Drive New Jersey roads with an auto policy that protects your financial security.

What home insurance do you need?

Posted on by admin

When most people visit the York Jersey Underwriters Inc. offices to talk about home insurance, they think we offer one policy. The insurance industry in the United States offers eight different types of home insurance policies, though, so you can obtain the precise coverage you need for your home. Let’s consider your options so you buy the perfect home policy for your home.

The Eight Types of Home Policy

In insurance, we pride ourselves on precision, so the industry offers eight types of home policies, four of which apply to newly built or existing homes. We also offer one type for historic homes and three others for other types of housing, including condos, mobile homes, and renter’s insurance. Here’s a quick guide to the home insurance types.

  • HO-1 – covers 11 named perils and may or may not cover personal belongings.
  • HO-2 – covers 13 named perils and personal belongings.
  • HO-3 – covers most named perils except those specifically excluded in the policy and limited personal property coverage.
  • HO-4 – called renter’s insurance, this home policy protects the personal belongings of the individual renting a home owned by another person.
  • HO-5 – offers the broadest named perils coverage and personal property coverage.
  • HO-6 – covers condos from named perils and personal belongings.
  • HO-7 – mobile home coverage that covers the same 11 named perils as an HO-1 policy while the home remains immobile and attached to a foundation, such as piers and pilings.
  • HO-8 – specifically designed to cover historical homes and architecturally significant structures from 11 perils.

What type of home policy do you need?

York Jersey Underwriters Inc. offers the home insurance you need to protect your home and belongings. Contact us today to purchase the home insurance that protects you from financial loss. We serve all over the United States.

Archives

Categories