In today’s world, more and more consumers are making the decision to purchase electric vehicles. Reasons include the lean towards the features that are environmentally-friendly, the desire to experience the newest technology, and the fuel savings associated with the vehicle. If you have an interest in an electric vehicle, it is essential that you learn… Read More…
What Is Condo Insurance and Why Do I Need It?
Condo insurance is a special type of insurance that aids in the protection against losses and various types of repair expenses for condominiums. In most instances, the coverage allows protection to the policy holder for fire damage, damage from water, vandalism, theft, and various other situations. Condo insurance is also known as “HO-6 insurance”. In… Read More…
Transportation Insurance: What It Is and Why You Need It
Transportation insurance is a specially-designed insurance policy that provides coverage on various types of property while it is in transit from one location to another. It is designed for any mode or type of transport – be it aircraft, vehicle, train, or boat. The coverage that is provided is based on the overall value of… Read More…
What Type of Personal Auto Insurance Is Required by Law in New York?
The State of New York is considered to be what is called a “No-Fault State”. This means that drivers need personal auto liability insurance and personal injury protection. Additionally, New York requires that all personal auto insurance policies include coverage for uninsured motorists. The limits associated with automobile insurance are considerably higher than in most… Read More…
What Is a Communicable Disease Rider?
In most insurance policies for businesses, claims are excluded that are directly related to infectious diseases; however, a communicable disease rider may be purchased. This is designed to extend the coverage of the policy in such a way that it covers communicable diseases. This rider is often referred to as “infectious disease insurance”. This broadens… Read More…
Need Insurance for Your Brooklyn Brownstone Home? Learn The Essentials Here
If you are reading this, it is quite likely that you have recently purchased your very own brownstone home. Congratulations! This is quite an achievement! Despite the immense degree of space, the exquisite architecture, and the social status of being a proud owner of this type of real estate, having a brownstone comes with many… Read More…
What Is Transportation Insurance?
Transportation insurance is a special type of insurance policy that offers coverage protection on an insured party’s property while it is being transported from one location to another. The allotted coverage is dependent upon the value associated with the goods and the risk that is being taken by an insurance company while the goods are… Read More…
What Kind of Insurance Do I Need to Open a Restaurant In New York?
Restaurant ownership is a challenging undertaking that comes with its share of hardship; however, it is a highly rewarding endeavor. If you want to open a restaurant in the State of New York, you will need a rather substantial amount of financial backing. To protect your investment, you will also need restaurant insurance. It does… Read More…
Why Does My Car Insurance Cost So Much?
If you are curious as to why your car insurance is so expensive, you are not alone. As with other expenses, car insurance rates have a tendency to increase as time passes. Additionally, there are factors that are aiding in the increase of premiums. Examples include the expenses associated with vehicle repairs, increased rates in… Read More…
The Factors That Directly Impact the Cost of Homeowner’s Insurance in New York
The premiums that are charged for homeowner’s insurance in New York vary immensely from one company to another. In order to get the best value, consumers should do a little shopping around. If you lack the time or the patience for this research, contact us here at Modica Associates today. We take all of the… Read More…