Halloween is full of tricks and treats, but if someone were to get hurt from those Halloween tricks will your Homeowners insurance cover it?
The exciting conclusion to the previous episode of Ask Sherri! What do you think the question will be?? Will Jared know the answer! The suspense is killing me!
Our newest Ask Sherri video is a TWO parter! Watch your favorite agent, Sherri Cosentino ask our very special guest, Insurance Guru, Jared some questions of her own. Stay tuned for Part 2 same time next week!
Dear Worrying in LI, Before you do ANYTHING with your insurance, call your doctor and get sedatives. Lots of sedatives! Now, about your umbrella policy, yes, you should increase your limit and you should do it as soon as possible. Too many parents wait until AFTER their teen gets a permit and then they find out it is too late to increase their policy as they desired. Keep in mind that once you have a youthful driver in the household some insurance companies will not allow you to increase your umbrella limit at all or will only allow you to increase your limit by one million. Therefore, after getting those sedatives, call your agent immediately and increase your umbrella limits before your teens get their permits.
Dear Having Fun,
Ahhh camping; driving on the open road, having the whole family together, cooking, cleaning up… Good God why would you do this? Anyway, in response to your question, while being towed, coverage is extended from your personal auto policy to your camper for liability coverage ONLY. The camper must have its own comprehensive and collision coverage that you can purchase on a separate camper or RV (Recreational Vehicle) policy. It is always best to purchase an RV policy as these types of policies can include basic liability, medical payments, physical damage, replacement cost, contents, personal effects coverage, trip interruption and towing. However, remember to never allow passengers in the RV/Camper while it is being towed or when it is parked and you are taking a nap.
As always, check with your Insurance agent or carrier to be sure your camper has adequate coverage.
My neighbor was power washing his home as he does every spring and this year he managed to hit my house and damaged a section of my brand new wood siding. Well, he had the decency to come to my front door and inform me of the damages. He apologized but also advised me he no longer has insurance and he is not willing to pay for the repairs. OMG!!!!! What can I do? What is my recourse? Please help me.
– Going Ballistic in Queens
Dear Going Ballistic in Queens,
You have several options. One is to rent a bulldozer, go over to your neighbor’s house and… No you better not do that one. So your first real option is to submit a claim through your homeowner’s insurance policy. However, if you do this, your carrier will pay for the cost of the repairs, but you will be responsible for the deductible and it will be a claim against your policy. Your second option is to sue the no good, I mean your neighbor and go to court. In New York you can sue through Small Claims Court if damages are $5,000 or lower without involving a lawyer. Otherwise, you will need to consult an attorney to sue in civil court. Of course, I’m not a lawyer, but I say, ‘’GIVE HIM THE CHAIR!”
Dear Sherri, My mom owns a two-family house. She lives on the first floor and I live on the second floor. If there were a fire or if there were a theft in my apartment, would my belongings be covered under my mom’s homeowner’s insurance policy?
This is such a great question because due to the economy, so many young people are going back to live either with their parents or in property that their parents own. If you are living in the same unit with your parents, the answer would be yes, your belongings are covered by your parents’ policy since the definition of an insured is as follows: “You (the person named on the policy), Your Spouse (must be a resident at the same household) Resident Relatives and any other person under the age of 21 who is under the custody of the person named on the policy.” But don’t get too excited. In your case, the answer is no, you will NOT be covered under your mom’s policy as you are not living in the same unit or household. Living in the same building does not qualify you for free insurance. Therefore, you need to purchase a Renter’s Policy whether you are paying rent or not (if you are not paying rent, I am going to be so jealous that I might have to slap you!). A Renter’s Policy will protect your personal contents in your apartment and your personal liability. Always check with your agent to be sure your policy is providing you with the coverage you need.
Our agent Sherri Cosentino shows you the risks of not having a Professional Liability Insurance Policy. Own a business in Queens, NY? Than you might want to take this insurance into consideration because a General Liability Policy might not be enough for you.
Planning to propose this Valentine’s Day? Sherri makes sure that you know how to properly insure that engagement ring! Click the link and view our latest video. Learn something about a Floater policy and maybe have some laughs along the way. Enjoy!
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Petschauer Insurance wishes all our loyal clients a very Happy Holiday and a prosperous new year! Please take a few minutes to see how you can give back to our community. Watch our latest “Ask Sherri” video spotlighting a special charity, PetsAlive.