The Basic Components Of Condo Insurance Policies

Your condominium insurance policy has several different sections that will cover you for various reasons so it is actually best that you familiarize yourself with them so that you can have a better understanding of exactly what it is that you have protected and what you will be expected to pay out of pocket. As with the case of any apartment or unit-style housing, there are certain things that will be covered by the building, and many which will not be– such as personal property and liabilities.

You have the lucky position of having the buffer of the building association’s master insurance policy, but that only means you should have a better understanding of what you absolutely need to take care of yourself. The policy should explicitly explain what belongings will be covered and up to what value. Liability and medical obligations are obviously another big one. Injured guests and any negligence of dangerous property under your control need insurance.

The building property section explains what is insured in terms of the physical unit. This will vary based on to what extent your building is willing to be responsible for, as well as for what they must absolutely cover for you. You should be ready to fill in whatever gaps there are.

And, as for loss assessment, this section is unique to condo insurance policies. It protects you from assessments imposed by the condo association for communal areas that exceed the insurance payout. If the association has insufficient coverage for property or liability, it may ask owners for the difference and loss assessment coverage protects you from paying it out of pocket.

This is why you must really review your condo insurance policy today and determine its value.

Co-Op Insurance: Checking Policy Coverage

With co-ops, the key word is sharing. You are responsible for your own living space, but your building is responsible for some of it as well. The reason it gets complicated at all is knowing to what extent your building covers potential problems, and to what amount of your space do you need to have covered with your own co-op insurance policy.

In a condo or co-op you share the walls of your property, the hallways, stairs, elevators, and general building recreational and functional amenities. These will get covered by monthly maintenance fees and association dues. This master policy is only going to cover the common ground between you and your neighbors, not your belongings or the inside of your living space. You, and only you, are expected to maintain the quality and safety of things within your capability. That’s where your personal co-op insurance comes into play.

You should always ask your building association certain things: 1. whether or not they offer “bare walls” coverage for structural and fixture damages; 2. if they have “single entity” coverage for things like carpeting, appliances, and ventilation inside units; and 3. if they offer “all-inclusive” coverage for all things in the condo or co-op minus your furnishings and personal belongings. Whatever they don’t provide you must find in a policy of your own.

You should also be sure to ask if there’s anything you need to be aware of insuring that was not mentioned previously. It’s better to be safe than sorry.


How To Compare New York Car Insurance Quotes and Coverage

Selecting New York car insurance can give you a headache. Every company that you research will tell you they offer the best prices, best service, most comprehensive coverage, and most discounts. How do you decipher what companies are worth following up on and which ones to toss aside.

If you’re seriously considering switching auto insurance then you need to gather a few things first. How much are you currently paying for your New York car insurance? Understanding how your current costs are broken down in a policy gives you an edge when figuring out what needs to be covered and gives you a good comparison basis. You can always get a copy of your policy and costs from your insurer.

You must also know what your car is worth and how used it is since the initial purchase. It is important to note the locations you drive it in terms of distance, difficulty, and potential dangers. You need to know that you’re not only getting covered for damages but also liability with medical and legal fees. Collision insurance is good for new vehicles and pricey vehicles. But with old and used vehicles you won’t necessarily need this if you think it will cost you too much to include with an auto policy.

These are some ideas for comparing quotes and coverage for new auto insurance.


More Business Insurance Tips: Property

What is property insurance for business? This type of insurance protects your company from loss as a result of business structure or contents. When things fall through and a revamp is necessary, this insurance is intended to get your business back on its feet.

Should anything happen to the property or physical workings of the business, New York Business insurance that covers property should be sufficient to rebuild structure and replace fixtures at current value. This kind of New York business insurance is a  is a top down assessment of what needs replacement or repair in order to keep your company afloat.

Annually review the policy and include any changes to property that weren’t originally covered. This should include any and all upgrades, fixtures,carpeting, machinery and furniture, and fire safety among other things. Always also have an estimated value of the property and anything in its premises of value and make sure the insurance company comes to inspect the property post-damage for an estimate of the claims coverage.

Some policies are not going to cover the cost of having to upgrade to new safety or structural codes. If you can try and find a policy that does incorporate that, and if not at least try and find a way to provide for and expect that cost should problems arise.


Condo Insurance Tips

So you want to be a proud owner of a condo. You want all the luxuries that come along with the wonderful housing. But life is never that simple, is it? When you own something nice, you want to care for it and protect it. You are going to need some form of condo insurance to guarantee your home is covered.

You will need condo insurance that covers your possessions and structural conditions such as things that need repair or could pose a hazard because they’re outdated. It should also cover additional living expenses in cases of fire, theft, or disaster. And, should someone get hurt on your property you need to have liability coverage in the policy too.

But, along with your coverage the building you live in should have a master policy. Their policy should cover common areas with other tenants, structural concerns within the building itself and potential liabilities outside of your individual living space. Even still, you should ask about certain things when shopping for insurance.

Always check the fine print as to what your insurance policy must pay and what the building association will pay. Don’t assume you can skimp on your own policy because you think the building will help you out. Also, make sure you ask for unit or loss assessment coverage in your policy– this will help you with any tenant shared charges or responsibilities.

In a nutshell, when you own a condo you will want to insure it and protect your assets.



Making Informed Decisions On Insurance Policies

Regardless if you’re looking for New York car insurance, condo insurance, or life insurance, you are going to need to walk in informed and ready to review policies. You need to understand exemptions, disclosures, and addendum. No matter what kind of insurance you’re looking for, always follow some of the following basic guidelines.

Each and every state has an insurance department or informational resource. Here you can find information on reliable and unreliable insurance companies and their current standings and rates. It will help you start with a hunt for the appropriate range of price and locality of an insurer.

Also, always insist in checking several sources. Websites devoted to  insurance services will provide you with comparable quotes. Get an idea of the competition and be sure you line up potentials, being both large or independent insurance companies. The choices you make should be financially sound and covered by some kind of state guaranty that provides funding should the company default.

Read customer testimonials to get an average insurance policy owners thoughts. While many will be biased, if you see a lot of similar comments, then chances are you can rely on some of that hearsay to apply. You might also get helpful tips and suggestions from satisfied customers. If someone really loves their condo insurance, they are going to want to share that information with others.

Some Simple New York Car Insurance Tips For Consumers

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Your New York car insurance costs depend on several factors, including those you cannot control such as your age. When it comes to auto insurance, though, there are ways to save and things you must absolutely be sure you cover.

There are different types of coverage in New York car insurance. The main categories are bodily injury liability, property damage liability, medical payment, uninsured motorist protection, collision coverage, and comprehensive vehicle damage. You must be sure that the insurance policy can cover at least a portion of all of these categories. You need to be prepared regardless of you or the other motorist being the one who gets harmed most.

Also, the type of vehicle you own could affect the charges. A pricey SUV may be a cool car to own but your company may charge more to protect you while driving it than a more affordable car. You can find industry information on injury claims by car model and repair costs. This will help you choose a wise car for insurance purposes.

Also, take the time to reduce premiums. If you drive less than 7500 miles a year, if you take public transportation on occasion or for work commute, or if you carpool your premiums can go down. Also, if you raise deductibles you can lower premiums. It may also mean that you won’t file for every small claim if it’s unnecessary.

And obviously, if you have a clean driving record and proof that you drive safely, then your rates will always work in your favor. Just keep these certain things in mind when selecting car insurance.



The Benefits of New York Business Insurance

They say New York is the city that never sleeps. Businesses can guarantee that they are going to need a watchful eye on their company and its investments if they want to stay on top of the game and financially sound. That’s why you should invest in New York business insurance.

So what does this kind of insurance entail exactly? Well, business insurance in New York encompasses coverage for property, including but not limited to office supplies and vehicles, legal claims like liability and worker’s compensation, business losses, and employee health insurance.

With so much at stake you want to be careful with investments and company maintenance. Business insurance will protect you from expected and unforeseen misfortunes. Even if you don’t think you’re in the line of fire when it comes to lawsuits, you can never be too careful. And the problem is that judgments can be collected through bank account seizures and debt payment through personal assets (more commonly with small businesses).

You should always insure your business and calculate your potential risks or threats and have them accounted for in the policies you obtain. A well-rounded insurance policy will keep your business afloat even through the difficult times.

Why Would You Need Renters Insurance?

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Most people consider insurance with the major things they buy– a car or a home, an expensive item meant as investment, etc. But if so many people get car insurance for a leased vehicle, why don’t people do the same for leased apartments? New York renter’s insurance is not mandatory but it is encouraged.

Renter’s insurance will protect your personal items and it also covers temporary housing and liability protection– you can still be sued if someone gets injured on your property (slippery floors from flooding or leaks may be fixed by the landlord but you are responsible for the safety of the property until the problem is resolved). Rentals are a special case because many of the standard problems that come from property damage will be covered by the landlord. New York renter’s insurance will cover things you may not immediately think of, such as living expenses for temporary housing or additional repairs to the apartment or condo you’re renting.

Always check the policy for the fine details– can you opt for actual cash value over replacement cost?  How much of a deductible can you choose to pay per claim? You also may want to check what can be covered that the landlord will not be responsible to fix or replace.

Just because you’re not the “owner” of some property doesn’t mean you shouldn’t cover it with an insurance policy and protect it.

Tips For Selecting Car Insurance in New York

When you start looking for New York car insurance you want to be sure that you’re not only getting great coverage but that you’re getting a fair quote for the services. Comparison shopping is one of the only ways to guarantee you find a balance between coverage and cost. Doing so can save you hundreds of dollars a year. While you’re looking, keep some of these following tips in mind.

Consider the kind of coverage you need and how much of it. There are liability limits, comprehensive, collision, personal injury protection, and medical coverages. With all the options it’s easy to make mistakes picking a plan. In the case of the State law, at least a minimum value of New York car insurance is required. But this would not necessarily cover any expenses related to the consequences of collision, such as medical and liability charges, and property losses. You need a substantial plan to cover all of the bases.

Be sure you understand your personal auto insurance policy– the different options you included, your rights, and your obligations as the policy owner are relegated to specific sections within the contract. Always review the policy so that you know that you’re covered as necessary.

Also, check your deductible and change it accordingly. This will affect the monthly cost of your policy in that a higher deductible will lower your costs. And always be willing to compare and evaluate the costs as the years progress within the rest of the plan. You’d be amazed how things change with your driving record.


Easy Tips For Finding Insurance Companies

business insurance in New YorkChoosing an insurance company can be a stressful task. You want to be sure that not only do you get a trustworthy company; but that you’re paying a fair price and that you get the right amount of coverage. Here are some tips to help you in your hunt.

It doesn’t matter if you’re getting condo insurance or business insurance in New York or any other state. In fact, every state has a Department of Insurance. They all should have a website with advice and information about insurance, how to file for insurance claims, and what insurance companies have violated consumer rights. They are immensely useful for reference.

When looking for a company, consider the kind of insurance policies you need. Does the company offer more than just one type? Sometimes you can get deals if you sign on for more than one policy with the same company. These package deals will end up saving you money in the long run. And, with that in mind also consider the rates and forms for filing insurance claims. You can compare different company rates to ensure that you’re getting the absolute best deal.

These are just a few of the many ways you can find the right insurance company for your needs.

Welcome to the Kenneth Bieber Insurance Blog

Whether you’re an individual, a family, or a company you need protection when things go awry. That is why you depend on insurance. You deserve the absolute best coverage and personal service, regardless of the type you seek. So many people go without insurance every day and that means they’re vulnerable financially. With insurance you know your bases are covered in case emergencies or other unforeseen circumstances occur.

Kenneth Bieber Inc. has been providing world class protection since 1962. A leader in providing quality auto, home, health, business, and life insurance, you are guaranteed to be covered today and in your future with incomparable dedication. By evaluating your specific needs you will be directed to the appropriate companies represented by Kenneth Bieber, Inc. You will never have to worry about New York car insurance or condo insurance again. Nor any other kind you may need.

And this blog is dedicated to providing you with information to help you make informed decisions. By checking here regularly you will get up-to-date news on insurance and related topics. Why go scouring the internet for questionable material when you can find it all in one hub. Here you will only be getting high quality content intended to help you.

Top 10 Family Vehicles for 2011

Remember piling into your family’s sedan as a kid? Maybe you fought for space in the way back of the family station wagon. Back in the day, there weren’t many choices for family vehicles. Nowadays, there’s a plethora of options to choose from. From minivans to wagons, crossovers to SUVs and more, today’s modern family can select from vehicles of all different shapes and sizes.

To help with the decision process, Kelly Blue Book (KBB) compiled a list of the Top 10 Family Cars for 2011. The criteria KBB used in determining the top picks included safety, comfort, economy of operation, child-friendliness, a reasonable purchase price and good resale value tops among others. Here are the picks of Top Family Cars for 2011, from largest to smallest.

Chevrolet Suburban
Honda Odyssey
Chevrolet Traverse
Ford Flex
Ford Explorer
Jeep Grand Cherokee
Kia Sorento
Chrysler 300
Hyundai Sonata
Volkswagen Golf

Which one would you choose? No matter what vehicle you drive, be sure that your family is protected with the right auto insurance.

5 Big Insurance Mistakes


With far too many Americans out of work, and others forced to make ends meet with less money, many people are looking for ways to cut costs. There are smart ways to save on home and auto insurance; however, there are also mistakes that can result in being significantly underinsured.

When money is tight, it is extremely important to be financially protected against a catastrophe with the right amount and type of insurance by taking a few simple steps, it is possible to cut costs and still be protected should disaster strike.

Following are five of the biggest insurance mistakes that consumers should look out for:

Insuring a home for its real estate value rather than for the cost of rebuilding. When real estate prices go down, some homeowners may think they can reduce the amount of insurance on their home. But insurance is designed to cover the cost of rebuilding, not the sales price of the home. You should make sure that you have enough coverage to completely rebuild your home and replace your belongings.

A better way to save: Raise your deductible. An increase from $500 to $1,000 could save up to 25 percent on your premium payments.

Selecting an insurance company by price alone. It is important to choose a company with competitive prices, but also one that is financially sound and provides good customer service.

A better way to save: Check the financial health of a company with independent rating agencies and ask friends and family for recommendations. You should select an insurance company that will respond to your needs and handle claims fairly and efficiently.

Dropping flood insurance. Damage from flooding is not covered under standard homeowners and renters insurance policies. Coverage is available from the National Flood Insurance Program (NFIP), as well as from some private insurance companies. Many homeowners are unaware they are at risk for flooding, but in fact 25 percent of all flood losses occur in low risk areas.

A better way to save: Before purchasing a home, check with the NFIP to check whether it is in a flood zone; if so, consider a less risky area. If you are already living in a flood zone area, look at mitigation efforts that can reduce your risk of flood damage and consider purchasing flood insurance.

Only purchasing the legally required amount of liability for your car. In today’s litigious society, buying only the minimum amount of liability means you are likely to pay more out-of-pocket—and those costs may be steep

A better way to save: Consider dropping collision and/or comprehensive coverage on older cars worth less than $1,000. The insurance industry and consumer groups generally recommend a minimum of $100,000 of bodily injury protection per person and $300,000 per accident.

If you don’t own your home, neglecting to buy renters insurance. A renters policy covers your possessions and additional living expenses if you have to move out due to a disaster. Equally important, it provides liability protection in the event someone is injured in your home and decides to sue.

A better way to save: Look into multi-policy discounts. Buying several policies with the same insurer will generally provide surmountable savings.

Scheduling Under Homeowners


Perhaps it’s the latest electronic gadget or large screen hi-def television, or new sporting goods gear or maybe a piece of sparkling jewelry. If you happen to receive or purchase a particularly expensive item, you may consider purchasing extra protection, just in case.

Why would I need to schedule valuable items?

The protection provided for personal property under the typical homeowners, condo or renters policy is very broad, and includes coverage for your furniture, clothing, and appliances. It only provides limited coverage for valuable items such as jewelry, silverware, furs, and art. It may not cover some types of loss that may be important to you, such as the stone falling out of your diamond ring, your china being accidentally broken or your rare coins being stolen.

What types of property can be covered?

Here’s a quick listing of some of the items typically covered:

cameras (video or still) and related equipment
china and crystal
coins (rare and current)
golfer’s equipment
musical instruments
personal computers
stamps (rare and current)
works of fine art, including paintings, etchings, pictures and other bona fide works of art (such as oriental rugs, statuary, rare books, manuscripts and bric-a-brac) of rarity, historical value or artistic merit.

If you own something of value that is not listed above, it may still be eligible for coverage.

How to Schedule Personal Property

The process for scheduling valuable personal property differs from one insurance company to another. The insurance company keeps copies of appraisals or recent receipts for the items on file. The dollar amount of the value of the items added determines the price of scheduled property insurance.

Scheduling items allows you to purchase better protection for your special property than would be available under the typical homeowners policy. In addition to being able to purchase higher limits of coverage, more perils are covered.