What will and won't #homeownersinsurance cover? Find out by reading the "9 Things Typical Homeowners Insurance Doesn't Actually Cover:"
0 11 hours ago
Proud to be your local Independent Insurance Agents! Learn more - defeoagency.com or call us today 973-822-2229 #DeFeoAgency#Insurance
1 152 hours ago
Does a #HomeownersAssociation need insurance? The answer is a resounding yes! Every Homeowners Association needs a comprehensive insurance policy to protect itself from a range of casualty losses. It’s vital that these associations have complete coverage and that they renew every year
Did you know only about half of Homeowners associations will renew their insurance policies, and of that half, only 25% maintain adequate coverage? While most HOA’s have policies on the books, most don’t even know what they have. As an agent, it’s your job to educate your policyholders so they understand how important it is to renew every year. There is no better peace of mind than for them to know that their organization is completely covered
You’ll want to make sure you talk to the policyholder about the different types of insurance imbedded in an HOA insurance policy
Property insurance: #HOA Property insurance covers the property in case of damage from the covered perils in the policy
Liability Insurance: HOA liability insurance protects the HOA in the case of an accident or injury on the common areas shared by the HOA, like hallways, private roads or walkways
Directors and Officers liability insurance: Sometimes referred to as D&O insurance, protects officers and trustees from being held liable while performing their duties for the Association.
There's no place like home. Be sure it's protected. Call us and ask for our #homeownersinsurance policies --> 201-991-0032
1 24 hours ago
Renters Insurance for Millennials!
Brought to you by Stonewall Insurance Agency:
If you're renting an apartment or home, you'll need an insurance policy to cover your belongings. Your landlord's property insurance policy covers losses to the building itself – whether it's an apartment, a house or a duplex. Your personal property and certain liabilities, however, are covered only through a renter's insurance policy that you, as a tenant, have to find and pay for. While 95% of homeowners have a homeowner's insurance policy, only 37% of renters have renter's insurance.Why do so few renters have insurance? One explanation is that many people incorrectly assume they are covered by their landlord's policy. Another reason is that people underestimate the value of their belongings. If you add up the value of just your clothing and electronics, it probably wouldn't take long to get into the thousands of dollars. One more often overlooked reason is liability: If someone is injured in your house – a friend, neighbor, or the pizza delivery person – they could sue you. #Stonewall#StonewallInsurance#StonewallInsuranceagency#AtlantaInsurance#Insuranceatlanta#autoinsurance#homeownersinsurance#commercialinsurance#Lifeinsurance#blackowned#girlboss#ladyboss#womeninbiz
Click the link in our bio to see the rest of our infographic on the interesting types of insurance that change over a lifetime!😎
Ways you could be hurting your car:
Forgetting the Parking Brake 👉🏼With automatic transmission cars, people presume that they don’t need the parking brake. But that isn’t so. Putting the car in park engages the parking pawl, a small metal pin that disengages the transmission’s output. This can put (literally) tons of weight on that little metal pin, especially on an incline—an unintended distribution of pressure that can cause premature wear on the pawl. The job of the parking brake is to immobilize the wheels, easing the burden while also providing a measure of protection for the pawl
Letting Your Tires Get Low 👉🏼Each new vehicle today must, by law, have a Tire Pressure Monitoring System (TPMS), which alerts the driver when one of the tires gets low. Some drivers assume they don’t have to check their tires unless the TPMS light goes on. But this is a mistake, says Reina. Before the threshold for the TPMS is even reached, driving with an underinflated tire can affect your vehicle’s performance. Even being a few pounds off can affect your fuel economy, as well as how the car handles and brakes.
Keeping the Tank Near Empty 👉🏼 By running our fuel tank down near empty before we learned how much it was damaging the fuel pump, an electric tool designed to remain immersed in the car’s fuel. When gas runs very low, the fuel pump can be exposed and begin to overheat. It cools again when the tank is full, but over time, that cycle of cooling and heating can cause damage. Try to refill my tank when I get to one quarter or one eighth of a tank, to extend the fuel pump’s life
Shifting Abruptly from Reverse to Drive 👉🏼Have you ever noticed the way your car lurches when you shift from reverse to drive without coming to a complete stop? This abrupt change in direction puts unnecessary strain on your transmission and driveline components, and it can cause that uncomfortable shudder. If you’re not in the habit of coming to a complete stop before changing gears, give it a try—your transmission will thank you.