Do I need to get motorcycle insurance?

When you are in the Stony Point, NY area, owning a vehicle is a practical necessity. One type of vehicle that you should consider getting is a motorcycle. Not only are these vehicles efficient, but they can also be fun to drive. If you do choose to get a motorcycle in this area, it is important that you get the right insurance in place. There are several reasons why you need to get motorcycle insurance.

Insurance Coverage is a Legal Requirement

Similar to when you are going to operate any other type of vehicle, you need to have a motorcycle insurance policy because it is a legal requirement. If you are going to take your motorcycle out onto a public road, you do need to comply with the state minimum requirements regarding liability coverage. If you do not have the minimum motorcycle insurance in place, you could be penalized if you are caught riding without it.

Provides Coverage for your Asset

When you purchase any type of vehicle, you are also going to be making a big investment. If you are shopping for a motorcycle, you can find that the down payment you need and loan payment can be expensive. To ensure that your motorcycle is properly covered, you should get a motorcycle insurance policy. This way you will have coverage to repair or replace it following theft or accident damage.

As you are shopping for motorcycle insurance in the Stony Point, NY area, you should call Hudson Valley Insurance. When you reach out to Hudson Valley Insurance, the insurance team will be able to provide you with the guidance that you need to pick a quality insurance policy. This will ensure that you continue to be properly covered at all times going forward. 

Benefits of a New York boat insurance policy

Anyone that lives in the Stony Point, NY area will quickly realize how hot the summer months can get. To ensure that you have some form of an escape, it would be a good idea for you to get a boat. For boat owners, having insurance on it is extremely important as it can provide a range of benefits. 

Covers Your Boat

One of the reasons why you should get boat insurance for your New York boat is that it will give you insurance for your watercraft. It requires a big investment to purchase and maintain your boat. If your boat is stolen or damaged, this entire investment could be a loss. Due to this, you should make sure that you have appropriate insurance coverage as it will give you protection for a wide variety of situations that could cause a loss.

Provides Liability Coverage

Another reason why you should get boat insurance is that it will provide you with liability coverage. If you are going to operate a boat, there is always going to be a risk that you could cause an accident. If this occurs, it will be up to you to pay for all damages that you cause. When you have liability insurance, it will give you the coverage you need to pay for any damages that you cause. 

It will always be a good idea for someone in Stony Point, NY to get boat insurance. When you are looking for an insurance policy in this area, you should contact the team at Hudson Valley Insurance. When you reach out to Hudson Valley Insurance, the insurance team will help you to get into a policy that properly protects your boat and also gives you peace of mind when it comes to liability protection. 

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.  

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. 

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.

Motorcycle Insurance Options If You Don’t Wear Helmets

At Hudson Valley Insurance, we’ve worked with many Stony Point, NY residents who love riding motorcycles. However, we’ve found that many of these riders don’t think that they need to wear a helmet. When you don’t wear a helmet, you open yourself up to some insurance issues that may affect your various coverage options. 

Liability 

The most crucial aspect of your motorcycle insurance is likely your liability. Unfortunately, a failure to wear a helmet could make you more liable in an injury due to comparative negligence. For example, if you were driving in a dangerous way that seriously contributed to a crash, you may be found liable, and your policy will kick in and cover the damage. This situation can be a problem if you don’t regularly wear your helmet. 

Personal Injury 

Whenever you suffer a crash while driving a motorcycle, you’re likely to end up injured. However, riders without helmets are going to be even more damaged. As a result, you’re going to need a policy that covers significant bodily damage and which you can adjust to ensure you are fully and adequately covered. Thankfully, many options should be available. 

Property Damage 

As a cyclist without a helmet, you should drive as carefully as possible to avoid accidents. However, you’re likely to find that your property damage is higher if you crash into another vehicle while not wearing a helmet. Your company will consider your lack of a helmet as a risky driving decision and may penalize you for making this choice. 

Professional Insurance Help 

If you find that your policies don’t quite your need, you should contact us at Hudson Valley Insurance. We serve Stony Point, NY and other areas nearby and will do what we can to help minimize your insurance payments. Just as importantly, we’ll find a stable method for managing your fees.

Now is the Perfect Time for NY Boaters to Review Their Insurance Policies

Spring is a good time to make sure that you have everything ready for another summer out on the water. And for boat owners in the greater Stony Point, NY area that includes a full review of boat insurance policies. The team at Hudson Valley Insurance is here to help you make sure you have everything in place before it’s time to get the boat out again for the season. Don’t be caught with insufficient coverage if you experience an accident or another incident this summer with your boat.

Make Sure You Have the Coverage You Need Before You Get Out on the Water

Owning a boat can make summers a memorable time for you and your family, but with the pleasure comes a lot of responsibility. There are many boat owners and operators who do not have the experience or judgment that they need to safely operate their craft. Unfortunately for responsible owners, they can make the waters unnecessarily dangerous. Make sure that you are protected from any damage or injury caused by an irresponsible boater with the right level of insurance coverage. Whether you need coverage for damage to your boat or want protection for liability due to a mishap that causes injuries, there are a number of policy options available to meet your needs. Boat insurance should also cover your vessel when it is docked and in transport from storage to the water.

The team at Hudson Valley Insurance is here to advise our customers in the greater Stony Point, NY area about all insurance matters including boat insurance. If you want to make sure that you have the coverage you need, call or stop by our office to make an appointment with one of our helpful agents.

5 Ways to Turn Your Backyard to the Perfect Summer Spot

You don’t need to travel to exotic locations in order to enjoy a real summer vacation. Use these design tips to turn your Stony Point, NY backyard into a seasonal basis.

  • Ensure your homeowner’s policy is up-to-date. An active policy ensures you have enough money to pay for any accidents or injuries that occur while you’re entertaining. Talk to the agents at Hudson Valley Insurance for personalized insurance guidance.
  • Repurpose your Christmas lights for a chic nighttime decoration. String lines of Christmas lights across your shrubbery, along the walls, or around pillars and supports in your backyard. Turn them on at night for a romantic glow that sets the mood for late evening activities.
  • Invest in outdoor storage. For families with young children, keeping sports equipment and outdoor toys together is a big struggle. Find a storage solution that fits your family’s hobbies and space constraints before the season starts to ensure the backyard is always a comfortable space.
  • Bring the indoors out. Got an old couch you were going to throw out? Cover it with an afghan and place it on your patio or porch for a cozy star watching spot. Use an indoor rug on your lawn to add an unexpected pop of color and give your family a place to clean off their feet before entering the home.
  • Use shade strategically. Use premanufactured shades or make your own using swathes of fabric. Fix the shades to trees, buildings, and other support structures to shield sections of your property from the sun. Your guests won’t have to give up on outside fun when it gets too hot.

Hudson Valley Insurance carries homeowners insurance for residents in the Stony Point, NY area. Contact our representatives for more information on customized homeowner policies.