Question 100 in 100 Insurance Questions in 100 Days Video Series! Workers’ Compensation is typically the largest part of a business’s insurance expense. It applies to workers who are injured or become ill due to their job function or environment. It also compensates for lost wages. The wages are replaced up to a certain percentage amount. There is a seven-day waiting period in order to do that. It is not the same as short-term disability. Short-term disability covers for injuries and sicknesses that occur away from one’s employer. Workers’ Compensation also covers unlimited amounts of medical expenses that happen and…
Question 92 in 100 Insurance Questions in 100 Days Video Series! When moving in with someone whom you are not related to in New York State, you must be sure to secure a policy for yourself if you want protection in the case of a fire or other catastrophe. Watch this video for further information on this coverage.
Question 90 in 100 Insurance Questions in 100 Days Video Series! Many times certain things that we think would be insured through another policy, often times are not. That is why if you own something like a golf cart and you are using it away from your residence (as most do), that you make sure you have something in place that will step in if you injure someone or damage something while driving the cart. See more info on this topic in this brief video.
Question 88 in 100 Insurance Questions in 100 Days Video Series! If you’ve ever delivered a product back to a customer after you’ve worked on it, or built something new for them, what would happen if you forgot to tighten the last screw? What if as a result someone was injured? How would that work on your insurance policy? Take a look at this broef video to learn more.
Question 87 in 100 Insurance Questions in 100 Days Video Series! When beginning a new business there are many things that an owner must do. Many times the setting up of the insurance plan is an afterthought. However, this is something that should be met with extreme detail and coordination. This is the tool that will ensure your new business stays open. Getting a new policy might not be as difficult as you think.
Driving for Uber or Lyft in New York State? Thinking about driving for Uber or Lyft in New York State (specifically central and upstate)? Ride-sharing is an exploding industry which has taken the use of modern technology and made it simple to book a ride with just a couple of clicks on your Smartphone. It’s also become another way for people to earn some extra money. If you own a car, can meet some basic background requirements, and are over 18, then you can apply to become a driver. Then, just wait for someone to book a ride with you…
Question 68 in 100 Insurance Questions in 100 Days Video Series! With something called Voluntary Property Damage protection, you would have insurance for the accidental breakage or destruction of a client’s property. However, this is not always a given in the policy and when it is, the limits can be lower than you might like. Watch this video to learn more!
Question #61 in 100 Insurance Questions in 100 Days Video Series! There is a little known limit of coverage that one can add to an auto policy in New York. It is called supplemental spousal liability coverage. It essentially allows a spouse to sue the other spouse for bodily injury they sustain as a result of an at-fault accident committed by the other spouse. Watch this brief video for more information.