Category: Uncategorized

The Third Party Action Over Insurance problem for NY Contractors and Commercial Property Owners

So why are some NY Contractors General Liability policies cheap, and others ridiculously expensive? What is a Contractor or Commercial Property owner to do? Over the past 20 years, third party action over claims are on the rise and the payouts are huge. The issue generally arises when a contractor is hired for a renovation or construction project in a building and one of the... Read Article

Insurance for UBER and LYFT Drivers

A TNC is a company that connects people who need rides with drivers ready to go. Founded in 2009, Uber is the best known TNC and others such as Lyft are popping up. What you may not know is that driving for a TNC may effect your personal auto insurance coverage. Most Auto policies cover traditional forms of ride sharing such as car pools. However,... Read Article

New York Paid Family Leave or PFL

New York Paid Family Leave provides employees with the income they need to enable them to stay home and care for: * a newborn, adopted or foster care child within the first 12 months *  an ill or aging family member * children while a spouse is serving in the military Paid Family Leave will be phased in over the next four years, until 2021,... Read Article

Valuable Articles Coverage

3 ways Homeowners can cover Jewelry, Furs, Silverware, Musical Instruments, Fine Arts, Coins Stamps, Golf and camera equipment, firearms and other collectibles. A standard Homeowners policy has limitations on these items along with limits away from the premises. Coverage can be enhanced the following 3 ways. 1- Itemized Agreed Value Coverage- Available only for Jewelry with this coverage each piece is listed individually with its own... Read Article

Car Sharing, Ridesharing are not covered rides on your Personal Auto Insurance policy

If the Beach Boys were to release a 2015 rendition of their ’60s hit, "I Get Around," the lyrics might include terms like Zipcar and Car2Go, or Uber and Lyft. These are some of the latest ways people are getting around nowadays — referring to car sharing or ridesharing. While both practices have grown, so have the complexities and ramifications surrounding them. Among the latter... Read Article