Reasons to Get Renter’s Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Many people these days are anti-insurance and view policies as being a hustle intended to divest ones hard earned money due to the slight probability that something might happen to harm you or your possessions. In this post, Long Island Insurance Executive, Gregg S. Marcuswill explain why it is vital to take out a renter’s insurance policy even in the unlikely event of a disaster occurring.

Thievery is obviously an awful occurrence, unfortunately it exists and it is at often times difficult to prevent. It is common that even individuals you trust and welcome into your home may take advantage of your kindness and possibly walk out with an item or two of yours. It is circumstances such as this that you should possess a form of insurance to protect your valuables. An average renter’s insurance policy will layout what specific items are covered as well as their costs.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.

Advertisements

Property Insurance Explained

Here is an excerpt from a new blog post at GreggMarcus.com:

It goes without saying that your house is the most costly individual item you will obtain at any one time. Though most individuals purchase property insurance, also commonly known as homeowner’s or simply home insurance, these same people rarely know exactly what the insurance policy covers and entails. There are a number of threats regarding home control which include danger from fire, theft, deterioration or many other mishaps. A property insurance policy will protect your overpriced investment from any of these terrifying factors. In this post, Long Island Insurance Executive, Gregg S. Marcus will explain property insurance and its relation to protecting you and your home.

Often referred to as a homeowner’s insurance policy, a household insurance policy is a term of insurance that protects obligation and injury to the house from the individual taking out the insurance plan. The average policy is put in place to protect the house from storms, burglary, riots and personal liability. These factors are part of what is normally known as property owners insurance. Additionally, it covers other conditions specific to ones location and the house itself.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.


Auto Insurance for Young Drivers

Here is an excerpt from a new blog post at GreggMarcus.com:

Insuring a teen or young adult is obviously extremely expensive. Depending upon the age of the drive, the make and model of the vehicle, and the applicable state restrictions enforced by the law, adding a young or teen driver can increase insurance rates by 100 percent or more. It is surprising that so many parents are even willing to license their teens with insurance premiums being affected so greatly and increasing uncontrollably. In this post, Long Island Insurance Executive, Gregg S. Marcus will explain what you need to know about insuring a young driver and what you can do to prevent your rates from rising immensely.

The high cost of insurance for a young driver is due to the one simple fact that teen drivers and younger adults pose a much higher risk of loss for the company. Premiums for any type of insurance be it life, health or automobile, are always based off of risk. Studies have proven that for younger inexperienced drivers, risks are four times as high as any other type of driver. The cost of claims from teenage drivers involved in accidents is also proven to be higher than those of adult drivers.

 

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.


Does your Business Need Additional Coverage?

Here is an excerpt from a new blog post at GreggMarcus.com:

As a business owner you have probably had to decide in the past whether your business insurance is over covering your business or under covering it. Too much coverage can become quite costly and in turn ineffective. While not having enough coverage can in the end put your business out if something unfavorable were to occur. Most companies’ policies possess the most basic of all coverage; including liability insurance, property insurance, and services such as worker’s comp. In this post, Long Island Insurance Executive, Gregg S. Marcus will explain why this basic coverage may not be enough in regards to your personal business.

The basic coverage mentioned earlier is normally okay if all your business consists of is a building and employees and you do not expect anything out of the ordinary to happen. There are some additional coverage options available that are crucial for businesses to acquire on top of their basic insurance policy. Most individuals believe the following are covered under their basic business insurance policy, when in fact more often than not they are not.

To Read this post in it’s entirety, click here to visit the Gregg Marcus official website.


Does your Business Need Additional Coverage?

Here is an excerpt from a new blog post at GreggMarcus.com:

There are a staggering number of scenarios in which a home is to become vacant for an extended period of time. In many cases this is for more than just a weekend or couple week’s vacation. There are many people who believe that their vacant home, for whatever reason, is covered under their existing policy, not truly knowing that in reality the vacant house has severely limited coverage. In this post, Long Island Insurance Executive, Gregg S. Marcus explains the situations in which a home may be vacant and why and how you can properly insure your non-living residence.

There are many reasons why a house may remain vacant. Regardless of the reasoning, people are usually misinformed about their vacant homes coverage. The most common reasons a house will remain without residence are the following: a family has purchased a new house and the old home is now vacant and waiting to be sold, an elderly parent or loved one has moved into a nursing home in which the house is left behind for the children to decide what they wish to do with it, or a couple moves out of state for half a year or so for a job opportunity.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.


Save Money by Prepaying your Auto Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Many individuals wonder if prepaying all or part of the auto insurance bill can save you some money, the simple answer is yes. Especially if your company gives a discount for this activity as most insurers do. You may be wondering what it exactly means to prepay your bill and how to be sure that your company offers this service. Prepaying your car insurance is essentially self explanatory. You are to pay in advance all or part of your premiums for a given period of time. Most commonly car insurance is billed in six month premium installments. In this post, Long Island Insurance Executive, Gregg S. Marcus explains thoroughly how you can save money by simply prepaying all or part of your auto insurance premium.

The auto insurance industry has come to the conclusion that a six month time period is the prime amount of time that allows for two things to occur. Initially they have far less work to do accounting wise which makes the company eligible to cut overhead, being that premiums are paid twice a year. And secondly, six months is a short enough time to sweep the DMV’s records on a regular basis and adjust premiums whenever appropriate.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.


The Basics of Business Insurance

Here is an excerpt from a new blog post at GreggMarcus.com:

Many have said that businesses, both big and small, compromise the backbone of the American economy. Especially in the younger and smaller business in which people are applying innovation, ingenuity, and originality in order to help jump start and progress forward. As these growing industries represent hope for change and progression when a business fails it can have a devastating effect on many levels. Including the loss of jobs, income and business owner’s investments all take a turn when the business fails. In this post, Long Island Insurance Executive, Gregg S. Marcus will lay out the basics of business insurance and fully explain everything you need to know regarding policies for both large and small offices.

There are several variables that go into play when attempting to predict whether or not your business venture may fail.  It can even involve a product or service that the public isn’t interested at the time in which you put all your money into. Situations could become even worse, such as if a company is being sued for unfortunate accidents or incidents that happened in or even surrounding you place of operations. This will translate to great legal costs and expenses which could severely hurt or even bankrupt your business.

To read this post in it’s entirety, click here to visit the Gregg Marcus official website.