HOW TO: Complete a Home Inventory
Posted: October 29, 2011 Filed under: Homeowners Insurance, HOW TO, Insurance | Tags: Gregg Marcus, Gregg S. Marcus, Home Inventory, Homeowner’s Insurance, How To, Insurance, Long Island, Long Island Insurance Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
When a homeowner has a Homeowner’s Insurance Policy they need to have a home inventory to give to the insurance company in the event of a claim. A home inventory is simply a list of your personal possessions. It is important to carefully document all of the belongings in your home so that in the event of a loss, you can provide proof of each item to your insurance company. Police officers, firefighters and all other “first responders” state that a clear home inventory is the most important item you can offer them after a loss. In this post, Gregg S. Marcus, a Long Island Insurance Executive explains the process of completing a home inventory.
Using a combination of a paper list, photos and/or videos is the easiest and most effective way to construct a clear, solid home inventory. Here are the usual steps to generate a useable home inventory list:
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
Guide to Collector Car Insurance
Posted: October 27, 2011 Filed under: Automobile Insurance, Collector Car Insurance, Insurance | Tags: Automobile Insurance, Car Insurance, Collector Car, Collector Car Insurance, Gregg Marcus, Gregg S. Marcus Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
Only those with a genuine passion for classic automobiles can truly appreciate the time and effort it takes to keep these vehicles in perfect condition. A standard automobile insurance policy will not be enough protection for these works of art, as they will not take into account the nature of a collector car. If you are the owner of a classic car or are in the market to purchase such a vehicle, Gregg S. Marcus, a Long Island Insurance Executive can assist you in protecting your prized possession.
The biggest difference between a “regular” car and a classic car is the rate of depreciation. A car that someone drives everyday will depreciate in value at an alarming rate. A classic car, depending on the make, model, year and condition, usually holds the original value well and in many cases will appreciate over time. Regular car insurance policies pay their claims based on the always-changing value of the vehicle and do not take into account the investment properties of a classic car. When you are covered with classic car insurance, the claims are paid based on a value that you have agreed upon with the insurance company, prior to entering into the policy agreement.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
FAQ: Does My Roommate Need Renters Insurance Too?
Posted: October 22, 2011 Filed under: FAQ, Insurance, Renter's Insurance | Tags: Gregg Marcus, Gregg S. Marcus, Homeowner’s Insurance, Insurance, Long Island, Long Island Insurance, Renter Insurance, Renter’s Insurance 1 CommentHere is an excerpt from a new blog post at GreggMarcus.com:
There are many common misconceptions about Renter’s Insurance . This is a special policy that can be purchased by tenants to protect their valuables and provide liability coverage as well. Gregg S. Marcus, a Long Island Insurance Executive highly suggests that all tenants purchase renter’s insurance for a small monthly premium to protect all of their possessions.
Depending on your policy, your roommates’ possessions may or may not be covered. Most policies are designed for single individuals and families, not unrelated individuals. Some insurers cover roommates if they’re included on the policy but it’s by no means the rule. Gregg Marcus recommends that each tenant purchase an individual renters insurance policy.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
How Gregg Marcus is Giving Back to the Community
Posted: October 20, 2011 Filed under: Charity, Gregg Marcus Supports | Tags: Charities, Charity, Community, Gregg Marcus, Gregg S. Marcus, Humanitarian, Philanthropist, Philanthropy Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
Gregg S. Marcus is more than just a Long Island Insurance Executive . He believes in giving back and does so by donating most of his free time to local charities that have found a place close to his heart:
Kidney & Urology Foundation of America (KUFA)
KUFA is a national, not-for-profit organization dedicated to helping people with kidney and urologic diseases and individuals waiting for organ and tissue transplants. “I’ve been involved for over sixteen years,” says Gregg Marcus about KUFA. “A friend’s wife just donated a kidney to her daughter and another friend’s son donated a kidney to his father. It’s the circle of life in the true form,” Gregg states about the organization.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
5 Common Types of Business Insurance
Posted: October 18, 2011 Filed under: Business Insurance, Insurance | Tags: Business Insurance, Gregg Marcus, Gregg S. Marcus, Insurance, Insurance Policy, Long Island, Long Island Insurance Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
When you operate any type of business, uncertainties can and do occur. Such risks can negatively affect your business. It is important to be familiar with the different types of business insurance policies, but be aware that because every business is unique so are its insurance needs. In this post, Gregg S. Marcus, a Long Island Insurance Executive discusses the five most common types of business insurance.
1. General Liability Insurance
This is the most commonly used business insurance, which covers legal hassles due to accidents, injuries and negligence claims. These policies protect against having payments as the result of bodily injury, property damage, medical expenses, libel, slander, the cost of defending any lawsuits and judgments made against the business.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
When to Drop Collision Coverage From Your Auto Insurance
Posted: October 15, 2011 Filed under: Automobile Insurance, Insurance | Tags: Automobile Insurance, Car Insurance, Collision, Collision Coverage, Comprehensive, Comprehensive Coverage, Gregg Marcus, Gregg S. Marcus, Insurance, Long Island, Long Island Insurance Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
This is a question that Gregg S. Marcus, a Long Island Insurance Executive hears a lot when quoting automotive insurance. Relative to the cost of other liability or comprehensive auto insurance coverage, collision coverage can be expensive.
According to the American Insurance Institute, collision coverage pays for damage to your car resulting from a collision with another vehicle, object or as a result of flipping over. Damages from potholes are also covered by collision. It is basically “physical damage” coverage for your own vehicle. Collision does not include any bodily injury or damage done to a human being. It also does not cover damage done to someone else’s car by your vehicle. The most important factor when deciding whether to drop collision coverage is the replacement value of your car. Depending on the value, it may not make sense to pay to fix it.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
FAQ: What are “Named Perils”?
Posted: October 13, 2011 Filed under: FAQ, Homeowners Insurance, Insurance | Tags: Gregg Marcus, Gregg S. Marcus, Homeowners Insurance, Homeowners Policy, Named Perils Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
The dangers that a homeowner’s insurance policy specifically covers are called perils in an insurance contract. A named peril policy only covers these specific risks, or perils, that are decided upon when writing the policy. Gregg S. Marcus, a Long Island Insurance Executive explains, “Named peril coverage is a more affordable option compared to comprehensive coverage, but does not protect your home as much as all-risks coverage would.”
The actual definition of a peril is the exposure to various risks such as injuries, losses and complete destructions. A peril in insurance terms is an event that could cause damage to the property covered. Common named perils include:
Fire: Will cover anything that produces a spark, flame or glow.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
5 Steps To Keep Your Home From Being Underinsured
Posted: October 11, 2011 Filed under: Homeowners Insurance, Insurance | Tags: Gregg Marcus, Gregg S. Marcus, Home, Homeowner’s Insurance Policy, Homeowners Insurance, Homeowners Policy, Insurance, Insurance Policy, Long Island, Long Island Insurance Leave a commentHere is an excerpt from a new blog post at GreggMarcus.com:
A large amount of homes in the US are underinsured. Keeping your home insured properly can save you a lot of anguish later when you are making a claim and it is not covered. Gregg S. Marcus, a Long Island Insurance Executive shares five steps you can take to assure that your home isn’t underinsured.
1. Know Your Policy and Coverage:
Your policy type should reflect your home’s needs. For example, if your home has special features such as hardwood floors and carved moldings, you will want to have special coverage for these features. It is always important to understand the basics of your policy. Make sure your policy covers a wide variety of perils. Also discuss what other types of policies are available with your agent to compare coverage.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.
Gregg S. Marcus 
You must be logged in to post a comment.