Most Important Facts about Umbrella Coverage

Before taking out an umbrella insurance policy, know the facts about this type of coverage. Umbrella insurance is designed to increase your liability protection beyond what standard home or auto policies have to offer. Umbrella insurance also provides coverage that many primary policies do not.

The following facts about umbrella insurance will help you determine if it’s right for you:

Extensive Coverage

Umbrella insurance provides extensive home or auto liability coverage to protect you against costly liability claims that may arise due to an accident. If you’re found at fault for a serious auto accident where damages exceed your auto liability limits, your umbrella coverage will kick in to cover remaining costs. Without this coverage, you could be held liable for these expenses out-of-pocket.

Protection for Recreational Vehicles

You can obtain umbrella liability insurance protection for your recreational vehicles as well to include your boat, ATV and snowmobile. At The Budde Agency Inc. in Amityville, NY, we can customize an umbrella policy for you to ensure you get the protection you need.

Protection While Traveling

By getting world-wide coverage, umbrella insurance can protect you as you travel for business or pleasure. Umbrella liability insurance is just as effective abroad as it is in your home country.

Protection for Financial Assets and Earnings

Through umbrella coverage, you protect your financial assets and earnings from costly liability claims that extend beyond the limits of your primary insurance policies for accidents you cause. A costly claim could liquidate your savings, retirement account and even force you to pay out of future earnings to cover damages, putting you at risk of grave financial loss. If your lifestyle puts you at risk of accidents, you can benefit from umbrella coverage. 

To obtain umbrella insurance and benefit from all that it has to offer, contact The Budde Agency Inc. in Amityville, NY.

Recovering From a Flood: What Your Family Needs to Know

Flooding can be a traumatic life experience. Recovering from the flood will be dependent on several factors. Here are a few tips from The Budde Agency Inc., serving Amityville, NY and surrounding areas.

Return Safely

Once you have been cleared to return to your home after a flood, you will need to proceed with caution. It is possible that structural damage has taken place in your home. If this is the case, then entering the home can be hazardous. It is wise to leave young children and even young teens in the care of others when first returning to the home. This gives the adults a chance to evaluate the home and make sure it is safe enough for clean up efforts. It is also a good idea to leave pets in the care of another during this time as well.

Protect Your Health

During clean up, it is vital that you protect your health by using proper equipment. Gloves and face masks can help protect you from contaminates that might be lingering in your home. Follow protocols issued by FEMA to make clean up safer and more efficient.

Take Pictures

Before cleaning up, take pictures so that you can accurately account for damage to insurance. Pictures will be very valuable during this process.

Contact Insurance Quickly

Do not procrastinate on calling your insurance company. Although you may feel very overwhelmed and emotional after the flood, the best way to recover is by taking action. Get in touch with your insurance agency quickly so that you can start the claim process as soon as possible.

If you would like to learn more about flood risks and flood recovery, please call our friendly staff today at The Budde Agency Inc. serving Amityville, NY and surrounding areas.

Tips for New Drivers

If you or someone in your household is a new driver, it can be a scary but exciting experience. Here are some tips to stay calm so that you can enjoy your new independence. Feel free to call The Budde Agency Inc. of Amityville, NY to find out how adding a new driver impacts your insurance.

Drive in Situations You Can Control

For new drivers, the safest thing to do is to stick to daytime driving during good weather. This will give you the confidence you need to drive in the rain and at night. Once you gain more experience driving, you can begin to drive longer distances and will soon feel more comfortable driving in most situations. 

In any case, get as much practice as possible while you’re preparing for your driver’s test.

Drive When You’re Most Alert

Don’t drive while impaired. This could mean handing over your keys when you’re too tired, drunk, or sick to drive. Some prescription meds leave you too woozy or tired to drive as well. So, when you pull an all-nighter studying, working, or partying, don’t get behind the wheel.

Practice Highway Driving

Many people who are afraid of driving don’t want to go on the highway. Driving fast in heavy traffic can be extremely stressful. As long as you’re careful and don’t panic,  you should be fine. You’ll find that the right teacher can help you adjust quickly. Unfortunately, there’s no substitute for experience.

Listen to Calming or Upbeat Music

Listening to soothing music can help you relax. Loud, fast music is likely to make you more nervous than you already are, while slow music calms your heartbeat and helps you stay cool and collected on the road.

If you have any questions on your auto or other insurance needs, contact The Budde Agency Inc. of Amityville, NY to ask any questions you have or to set up an appointment for a quote.

 

When Do You Need To Increase Commercial Insurance Coverage?

If you are planning to open a business, or are already a business owner, you may be wondering how much insurance coverage is enough to protect you without overpaying for coverage you don’t need. When should you reduce the amount of commercial insurance you carry without leaving your business unprotected?

Reducing Your Coverage

If you are downsizing, moving into a location which is located in a smaller building, or where the structure value is significantly less, you may want to consider reducing your coverage. Maintaining coverage that is excessive is a waste of resources and can reduce the amount of money you have for other more important business-related expenses, such as inventory. Consult your insurance agent and discover whether or not you should consider reducing your coverage. 

Working With A Knowledgeable Company

If you are changing your coverage, you need to work with a company that will offer you options that won’t leave gaps in your commercial insurance policy. If you are located in the Amityville, NY area and want to work with skilled agents who can keep you on track with your commercial coverage, you should check out The Budde Agency Inc. Our agents will outline your needs and available options so you can get the most out of your coverage. 

Business owners located in the Amityville, NY area owe it to themselves and the livelihood of their company to consult The Budde Agency Inc. regarding their commercial insurance coverage. Call or stop by the office to speak with an experienced representative and begin optimizing your policy to reflect your current needs. 

How to Avoid Home Insurance Claims during the Winter

Avoiding home insurance claims throughout the year in Amityville, NY is important to keep your home insurance down, but many things can go wrong in the winter that can be avoided.

  • Be Smart about Fires: Home fires are popular in the winter, especially with candles. The top three days for candle fires include Christmas Day, New Years Day, and New Year’s Eve. Keep candles at least 12 inches away from anything that can burn. Also, be careful with Christmas trees. They aren’t as common, but fires can happen if your tree is located too close to a heat source. Be sure to remove the tree after Christmas and when it is dry. Be sure also to test your fire alarms to keep your home safe throughout the season. You may even get a discount for having proper smoke alarms and carbon monoxide alarms in your home. Speak with an agent at The Budde Agency Inc. for more information.
  • Be Safe in the Kitchen: With more winter parties and cooking happening, you don’t want to leave the kitchen unattended while the stove is on. Kitchen fires are the leading cause of fires throughout the year.
  • Inspect the Fireplace: Have your fireplace inspected and cleaned out so that when those cold nights hit, you can safely have a fire and not worry about it causing any damage.
  • Protect Pipes: Winter is prime time for your pipes to freeze, and this can cause a lot of water damage. Protect your pipes by avoiding any rapid drops in temperature, keeping the thermostat just right, and installing some insulation. 
  • Prevent Thefts: The holidays and the winter season usually see an increase in thefts with all the new gifts. Lock the doors, keep the garage doors closed, and keep the blinds closed not to let people peek into your home.

Contact The Budde Agency Inc., serving Amityville, NY, to get a quote on home insurance.