Should I Have a Provision in My Home Insurance to Cover Pets?

As lovable as our pets can be, they can also be forces of nature when it comes to our home. Even the best-trained and good-natured animals can end up having an off day that ends up causing far more long-term damage than an owner ever imagined. If you live in Stony Point, NY, Hudson Valley Insurance wants you to know more about how home insurance works in the case of pet damage. 

Standard Policies 

There’s no universal policy for homeowners, but most do not include coverage in the case of accidental damage to the home. So if your cat knocks chews through the wires of your big-screen plasma TV and somehow shorts the machinery, you’re unlikely to receive reimbursement for the event.

There is an exception to this rule though, and that’s in the case of liability for your pets. So if your pet bites someone and it results in an infection or a more serious physical injury, then you can typically use the liability limits on your policy to cover the expenses associated with a formal complaint. 

What You Need to Know 

There are a lot of potential exclusions when it comes to a home insurance policy, so it helps for Stony Point, NY residents to do a little research on their policy. For instance, your policy may cover damage to someone else’s property — except in the case of vomiting or defecation. If you’re worried about your pet’s unpredictability, talk to your insurer about the different provisions they offer to cover the damage. 

If you have questions about how different incidents can be covered, call Hudson Valley Insurance for more information. It’s our privilege to help all homeowners get answers about how to protect their investment.

Why do I need flood insurance if I already have homeowner’s insurance?

If you have a homeowner’s insurance policy in Stony Point, NY, you are protected from many kinds of disasters, such as fire or theft. In fact, a standard policy will protect you through several kinds of natural disasters. All of the perils your home is protected from will be listed in your insurance documents.

Unfortunately, one of the things your policy probably does not cover is flood damage. The only kind of insurance that protects you during a flood is flood insurance. You can purchase a separate policy to protect against flooding at Hudson Valley Insurance.

Do You Really Need Flood Insurance?

We believe in helping our clients choose the right insurance to meet their specific needs. We try to make sure you have all the necessary protection, without getting extras you don’t need, within your price range and with a deductible you find comfortable.

Flood insurance protects your home from damages caused by any type of flooding. The flooding doesn’t have to be from a nearby body of water but can include flooding from excessive raining, blocked storm drains, coastal surges, and the failure of a levee dam.

What Does Flood Insurance Cover?

Your flood protection will include damages to your actual house and property, your carpeting and other treatments, furniture, appliances, and other items you own. Because flooding could leave you temporarily homeless, you will also have provisions for putting you up during repairs.

If you live in Stony Point, NY, you may be particularly vulnerable to flooding. If you have questions about flood insurance or want to find a policy of your own, please call Hudson Valley Insurance today.

Life Insurance Basics

Life insurance is a topic of many conversations, but not everyone understands it. At Hudson Valley Insurance, we know that you want to protect your family, so we put together this quick guide to help our Stony Point, NY family and friends understand the basics of life insurance.

Benefits of Having Life Insurance

The type of life insurance and the amount of coverage you have will affect the benefits you receive, but some benefits include:

  • Paying for burial and any final expenses so that your loved ones do not have to.
  • Replacing your income in the event of your death, especially helpful if you have a spouse or children.
  • Paying off your mortgage. Many people obtain insurance mostly or even for the sole purpose of helping their spouse pay off a mortgage so that the family does not lose their home.

Main Types of Life Insurance

There are two basic types of life insurance: permanent life and term life. Permanent life insurance, or whole life, provides coverage for your entire life as long as you have paid your premiums.

Term life provides coverage for a set period, such as 30 years. Term life is popular among those who want to ensure their family can pay off the mortgage.

Qualifying for Life Insurance

In order to qualify for life insurance, you will either need to answer questions about your health or have a physical done, depending on the type of policy. Simplified issue policies will only require you to answer questions while a fully underwritten policy requires lab work and a physical.

Determining Coverage and Premiums

Your health is an important factor in determining the amount of coverage you need and your premiums, but there are other factors, too:

  • Lifestyle, such as drinking, smoking, and participating in risky activities
  • Marital Status
  • Gender
  • Family Medical History
  • Even the location you live can have a bearing on your premiums and coverage.

When you are ready to obtain life insurance coverage in Stony Point, NY, or if you have any questions, stop by Hudson Valley Insurance or give us a call!

 

Comprehensive Commercial Insurance: The Right Choice to Protect All of Your Equipment

A comprehensive commercial insurance policy will protect your property and your equipment in the event that they are damaged in a covered event. The team at Hudson Valley Insurance is here to answer your questions and help you determine which commercial policy is right for your business. If you are a business owner in the greater Stony Point, NY area, it’s time to meet our team!

Protect Your Equipment with a Comprehensive Policy

Commercial equipment can be the lifeblood of a business. If your commercial policy lacks the coverage you need or provides insufficient protection, there can be long-term implications for your business. But, when you have the right policy, at the proper protection levels, you are more likely to emerge from a catastrophic event with your business intact. Today’s insurance policies provide the protection that businesses need to come through events like fire, burglary, natural disasters, and floods. Your insurance portfolio should include the policies that you need to keep your company safe. With comprehensive commercial insurance, you are able to plan for a number of different eventualities that can arise. Don’t find out too late that you don’t have the proper insurance for your equipment!

If your business relies on specialized equipment to get the job done, it’s time to review your commercial coverage. Equipment values can change, and your current coverage levels may not be sufficient to repair or replace the machinery that is necessary for your business to operate.  Make sure you have the right coverage!

Let us help you with all of your commercial insurance needs. The team at Hudson Valley Insurance is proud to serve the greater Stony Point, NY area, and we look forward to working with you too, call or stop by today!

5 Hidden Reasons Why You May Need Flood Insurance

The state of emergency declared in May 2019 after the Lake Ontario flooding has many consumers thinking about how to prevent future financial loss. The New York Government has taken action to assist people in need, but many of them may have been better off having flood insurance before the disaster. 

One misconception is that floods are covered in a homeowner’s insurance policy. However, these are two separate types of coverages. People seeking to protect their homes may need to remember why flood insurance is so important. Hudson Valley Insurance explains this.  

1. Coverage in and out of flood zones 

Whether you live in an area designated as a flood zone or not, there always is at least a slight risk. Even if it never flooded in your area in the past, it could happen. Don’t be left unprepared even if not living in designated flood zones.  

2. Expenses paid if a disaster hits a low-risk area 

It may be an area where the chance of flooding is possible but at a lower risk. Some people might opt not to obtain this type of coverage, but it could cost you in the occasion of a flood – even if the damage would be less severe than in a high-risk flood zone.  

3. To compensate for limitations on homeowners policies 

Your homeowner’s policy probably covers just about all aspects of accidents and disasters. Still, it only provides so much help to people owning houses in flooding areas. The flood insurance would also include cause of any water damage in your home and not just the damage itself.  

4. To prepare for climate change 

It happens sometimes. Inclement weather comes in an area where it may not be expected at all because it was always moderate. Either that or perhaps floods take place in a location that has not experienced this climate trend in say hundreds of years.  

5. Assurance of full replacement cost coverage 

Inflation never stops. You want to have the confidence that the cost to replace your assets will be covered decades into the future. Flood insurance can help with that.  

Hudson Valley Insurance, serving Stony Point, NY, has policies that can fund just about any disaster repair, including flood damage. Contact an agent today to learn more about flood insurance.  

3 Ways to Prevent Distracted Driving Accidents

Distracted driving is a leading cause of automobile accidents across the country. The agents of Hudson Valley Insurance Brokerage, Inc. serve residents who live in the Stony Point, NY area. Our agents are well aware of the dangers of distracted driving and are always available to talk to their clients about how to stay safe on the roadways.

Go Hands-Free If Possible

Newer cars have features that allow you to sync your phone to your vehicle’s radio. This will enable you to answer your phone and use talk-to-text features without ever taking your hands off the wheel while you are driving.

Don’t Text or Use Your GPS

Texting and using your GPS can cause you to take your eyes off the road for longer than a second or two. It only takes a second to take a life. Before you send a text or change your GPS, pull off the road and park your car. It only takes a few seconds to park your vehicle. Those few seconds may save your life.

Be Aware of What’s Going on Around You

Always be aware of what is going on around you. Don’t just watch the car in front of you, watch several car lengths ahead. Don’t be distracted by signs or billboards. Keep your eyes on the road and make sure you always know where other vehicles are.

If you live in the Stony Point, NY area, call the agents of Hudson Valley Insurance Brokerage, Inc. when you have questions about distracted driving and how it can cause accidents. The agents can offer you advice and make sure you understand how important it is always to be aware while you are behind the wheel. 

 

Choosing The Right Commercial Insurance For Your Business

When you’re operating a business in Stony Point, NY, it’s important that you have the right insurance in place. Commercial insurance can vary dramatically from business to business. As such, you can’t simply copy what the business owner next to you has. At Hudson Valley Insurance, we have insurance agents who specialize in commercial insurance, making it easy for you to get a policy that you can count on.

Identifying Potential Downfalls

All sorts of things can happen to your business in New York. In order for commercial insurance to get the job done, you need to identify those downfalls. This will depend greatly on the industry that you are in as well as the level of risk involved with getting the job done.

You have to look at how much inventory you have on-premises, how frequently your employees get hurt, and even how long you spend on the road every day. All of this will help to determine what kind of coverage you actually need within your policy.

Building Your Policy

A commercial insurance policy is going to encompass a variety of different types of insurance. This will vary based on your industry. You may need liability insurance, commercial auto insurance, workers compensation insurance, and much more. As you grow your business, your policy may need to change, too. This way, you know that you have sufficient coverage in the event that something happens.

There is no one-size-fits-all policy, especially as it comes to commercial insurance. The last thing you want is for something to happen that will bankrupt your business. As such, you need to build your policy so that it provides you with all of the financial protection that you need.

Contact us at Hudson Valley Insurance today to learn more about the right commercial insurance for your business. We are here to make sure that you have the financial protection that you need in Stony Point, NY. 

Can You Get Auto Coverage for a Car that You Are Not Driving?

Cars are expensive, repairs are expensive, and having a great auto policy is going to help protect your car no matter what. You can insure just about any car and knowing what you can insure does help you to find the right coverage for you. For those that live in the Stony Point, NY area, the agents at Hudson Valley Insurance can help you to find the perfect insurance for your needs.

You can insure any car that you own or have a vested interest in. You do not have to have an insurance policy on a car that is not licensed and that is not going to be driven on the road. That being said, it is beneficial to have an insurance policy on any vehicle that you do own or have a vested interest in. Say you are a parent that has a car that they are saving for a child once they get their license. If the car is not licensed and it is not being driven, you are not required to have a policy on that car. Now suppose that a storm throws down hail and the car is damaged. You are not going to be able to get your car taken care of and repaired if you do not have an insurance policy on it.

It is always better to make sure you are insuring your car and that you have it covered, even if you are not driving it often or at all. Insuring a car that is not being driven is still going to help protect that car and make sure that there are no issues for you to deal with.

For those in the Stony Point, NY area, the agents with Hudson Valley Insurance can help you to get the best coverage for you and to make sure your cars are all protected.  

Stony Point, NY Classic Car Ownership

Classic cars are interesting to many people.  Some are so convinced about the investment that they decide at some point to purchase one.  Others enjoy seeing them on the road or at car shows.  Enjoyment of classics has been around a long time and people are very thankful for the opportunity to appreciate classic cars.  Ownership of a classic car can also be a smart investment.  Some rare models of classics seem to be appreciating at such a fast pace and the really large car shows are showing amazing auction prices.  With all of this, the insurance options for owners with classics have improved.  Serving Stony Point, NY, Hudson Valley Insurance provides insurance for classic cars.  Discussions about valuation may be considered when discussing the options with their experienced staff. 

Planning for insurance can be as simple as knowing the make, model, and the year of the vehicle.  The information from an insurance provider can be beneficial for planning any restorations and improvements.  People in Stony Point, NY can enjoy the classic car shows and know that an experienced team of professionals is available to help if they choose to purchase one of the classics.  Hudson Valley Insurance offers classic car insurance for the new or current owners of these rare cars.  Finding the restoration companies is easier now with the lengthy lists of classic car clubs.  Those involved with certain makes and models are easier to find with technology, such as online resources and search capabilities.  These clubs sometimes have recommendations for locating certain parts and original accessories for classic car owners.  With so much interest, it is easy to understand why classic cars are often owned for the appreciation in value.  You can visit the agency’s website for more information.

3 Reasons You Need Home Insurance in Stony Point, NY

Your home is likely the most expensive asset you will purchase in your lifetime. It’s where you’ll raise your family, make your memories, and lay your head at night. That’s why it is so important to protect your home. In fact, it is required by law to have home insurance in you have a mortgage. However, even if you own your home outright, there are still solid reasons why you need to have homeowners insurance to protect your home. Read on to learn the three reasons why Hudson Valley Insurance believes you need home insurance. 

1. Protect Your Home from Fire and Theft

A homeowners insurance policy in Stony Point, NY will protect your asset in the event of a fire or theft. In the meantime, it’s important to take measures to prevent these events from occurring. For example, install an alarm system on your property, as well as outdoor lighting to prevent burglary. Make sure your smoke alarms are working properly and have a fire evacuation plan set in place just in case. 

2. Protect Your Money in the Bank

If something were to happen on your property that resulted in the injury of a neighbor or other individual, this person could decide to sue. Without a homeowners insurance policy in place, you will need to fight the litigation on your own with your own funds, which could easily drain your savings. 

3. Peace of Mind

Every night when you turn in for bed, sleep well knowing you have the peace of mind of a protective homeowners insurance policy. The place you call home is a safe place and if anything were to happen, your policy will help you get through it. 

To learn more about purchasing a homeowners insurance policy in Stony Point, NY, contact Hudson Valley Insurance. Our friendly insurance agents will answer all your questions and help you find the right policy for your needs.