Eric Funk Agency

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...

Introduction  If you're a business owner in New York, you know that running a successful enterprise involves taking on a certain amount of risk. Many potential hazards can threaten your business's financial health, from accidents and injuries to lawsuits and legal disputes. It is where business liability insurance comes in - it's a critical tool to mitigate the costs and legal expenses from unexpected liabilities and ensure that you can continue operating even in the face of adversity. Here we will discuss what you need to know about business liability insurance NY and how to choose the right policy.  What Is Business Liability Insurance? Business liability insurance NY is a type of insurance that protects the financial interests of companies and business owners in the event of a lawsuit or other liability claim. Depending on the specific policy, business liability insurance can cover various risks, including bodily injury, property damage, advertising injury, and legal d...

  Introduction When you have personal insurance policies, you must revisit them from time to time. Personal insurance provides a safety net for your loved ones in unfortunate events. However, as your life changes, your insurance needs may also change. Therefore, addressing those needs and reconsidering your policy plans regularly is essential. Moreover, it provides additional ways to manage risk and ensure you stay on track to meet your wealth management goals.  Whether you are a business owner or an individual, ensuring you have the right coverage at the right price and terms is crucial. And if you own an investment-linked personal insurance Centereach NY policy, reviewing the policy each year becomes even more critical.  Reasons to review your insurance For most personal insurance, your agent or carrier will renew your policy annually. However, before this renewal, it is vital that you review the coverage to make sure everything is accurate and that you have the best c...

  We all know home insurance is a crucial investment for homeowners, particularly those in New York, where natural disasters and unforeseen events are not uncommon. Whether you are purchasing your first home or renewing your current policy, it is essential to discuss various aspects of your home insurance policy with your insurance company to ensure that you have comprehensive coverage that meets your unique needs. This article will discuss seven essential things homeowners should consult with their h ome insurance companies in New York . Things to discuss: Coverage limits: Coverage limits are among the most important things to discuss with your home insurance company. It refers to the maximum amount your insurance company will pay out in case of a covered loss. It is crucial to understand your coverage limits and ensure that they are adequate to cover the rebuilding cost of your home and replace your belongings in disaster.  Deductibles: Your deductible is the amount you must...

If you have a car in New York, it's essential to have auto insurance. It is legally mandatory and can save you money and stress in the long run. You can obtain insurance from an auto insurance company in New York , but you may ask why you should purchase insurance. Well, there are numerous benefits. To help you know them, we'll review the benefits of owning insurance for your automobile in the article. Benefits to Know: Protection Against Financial Loss: One of the primary benefits of car insurance is its financial protection. If you're in an accident and are deemed at fault, you could be liable for the damages to the other person's vehicle and medical bills. Without insurance, you will have to pay these costs out of your pocket, which could be financially devastating. However, with car insurance, you can be protected from these expenses and instead have your insurance provider cover the costs up to your policy limit. Coverage for Bodily Injuries: Another essential aspe...

Your home is the most valuable and expensive of all your possessions. Unfortunately, earthquakes and other natural disasters can produce widespread destruction that might damage your home's foundation.  To safeguard yourself and your home against such contingencies, home insurance via home insurance companies in new york is an absolute need. To appreciate home insurance, it is necessary first to know what it is and why you need it.  A house insurance policy can be purchased from the best  insurance company in NY ,  during which it will be in force. Homeowner's insurance is also a term contract. Therefore, the insurance coverage can be renewed after the first term ends.  This article has discussed the advantages below of why you need home insurance.  Reasons Why You Need Home Insurance  Protects Liability Liability protection from homeowner's insurance protects you from lawsuits filed by injured visitors or other parties resulting from accidents or dam...

In most countries like Newyork, drivers are mandated to have auto insurance. Although auto insurance is not required in other states, drivers must nonetheless be able to demonstrate financial responsibility in the event of an accident.  While it's true that most drivers carry insurance from the car insurance company in NY because it's required by law, it doesn't imply you should skimp on coverage. Getting auto insurance is a smart move for several reasons. Let's check out why auto insurance is important. Save From Money You may save yourself and your family a lot of money in the long run by investing in car insurance now. You can save a lot of money in the long run if you invest a little of it now in your safety.  Collision insurance, comprehensive insurance, liability insurance for property damage, and personal injury liability insurance can all assist in covering the expenses of potentially devastating claims. Avoid Hassle and Wasted Time  Dealing with the aftermath ...