Eric Funk Agency

Owning property in New York—whether it’s a family home in the suburbs, a condo in the city, or a rental property—is a major milestone and financial investment. With the bustling real estate market, diverse housing structures, and risks ranging from harsh winters to coastal storms, protecting your property is not just recommended—it’s essential. This is where New York Property Insurance plays a critical role. In this guide, we’ll cover everything you need to know about property insurance in New York, why it’s important, what it typically covers, and how to choose the right policy for your needs. What is New York Property Insurance? Property insurance is a broad term that refers to policies designed to protect physical assets—such as homes, rental properties, and businesses—against risks like fire, theft, natural disasters, and liability claims. In New York, property insurance policies vary depending on the type of property you own: Homeowners Insurance – Covers single-family h...

Managing Commercial Auto Insurance in New York can be more difficult than managing a firm that needs to employ automobiles, especially if you need to know which one to choose. One of the hardest choices you will make as a business owner is selecting the right insurance plan to protect your company's assets against unanticipated financial loss and the possibility of legal action. The first step in choosing the best type of commercial auto insurance is to understand the different commercial insurance coverage alternatives. According to Commercial Auto Insurance, there are two main sorts of automobiles. vehicles designed for carrying private passengers, such as cars, vans, SUVs, and compact trucks Pickups, dump trucks, dry goods, refrigerator boxes, car haulers, tanks, and other types of trucks, trailers, and tractors fall under this category. General insurance and specialized commercial auto insurance are the two primary subcategories of commercial auto insurance. There are six diff...

If you are a motorist with a car registered in New York, you must have a car insurance policy that meets the state-mandated minimum coverage. If you don't, you risk having your vehicle registration and driver's license suspended.  However, choosing the right car insurance policy can be overwhelming with so many options. The auto insurance company in New York offers various products that make buying car insurance challenging.  No worries; the blog post here covers the five essential auto insurance coverage options for New York drivers.  Types of Auto Insurance Coverage Bodily Injury Liability It covers the expenses related to the injury or death of another driver or pedestrian due to your fault. The minimum limit of the bodily injury liability coverage mandated by New York's Vehicle and Traffic Law is $25,000 per person or $50,000 per accident. However, most people in New York choose to raise their limits to 100/300, but it varies by auto insurance company in New York and...