Auto drivers in Albany city, Schenectady or Saratoga Springs, New York are offered with the lowest auto insurance rates possible by offering pay as you go plans. These are some of the latest plans in the auto insurance industry.
Unlike conventional auto insurance plans, where drivers simply estimate how many miles they drive each month or year, pay as you go auto insurance plans track precisely how many miles a driver travels. Drivers are billed only for the miles they travel; they will never pay for overestimating. The idea behind this policy is that the greatest risk of an accident is when a vehicle is being driven, so drivers should only pay for when they drive. The car is still covered, though, when it is parked in a driveway or parking lot.
Many drivers are already using these plans to save money on their premiums. Obviously, drivers who do not drive too far or too often can save a lot of money with this type of plan. Families that have multiple cars, however, also stand to benefit. Even if a family puts many miles on their vehicles each year, they can use this plan to lower the premiums on one car. We can easily set up a pay as you go plan for a single vehicle, and then you can only drive that vehicle when it is absolutely necessary. Many families find it easy to use one less car most of the time and have a second as a backup.
If you would like more information about these new auto insurance plans, contact us. As an independent agent, we are able to shop around for the best pay as you go plans available.
To cite one possible example that involves electrical the remediation of aluminum wiring with copper nuts. We strongly encourage you to have any work of this nature done by a knowledgeable and licensed electrician who is up on the code requirements. To begin, the building inspector from the city of Albany, New York should conduct a before and after inspection to make sure everything meets the code.
If, however, your knowledgeable friend offers to help with the work, and he uses copper nuts that are not approved, you’re leaving yourself open for problems if you ever have an insurance claim based on fire, or some type of related electrical damage because the work was not in compliance and you don’t have a valid certificate of completion.
Briefly, this is how it works with your homeowners insurance:
· Your ability to claim losses is subject to the limits, terms and conditions of your individual policy contract along with your Albany, New York city, and/or county code requirements.
The same holds true for any type of non-branded electrical component. The component should be in condition, branded and able to perform under normal use. There is no wiggle room under these circumstances, and shortcuts can frequently cause future problems.
As an independent agent, we can help you, and provide guidance under circumstances such as the one you’ve described. It’s important that you give us a call so that we can put you in touch with our independent agent in Schenectady or Saratoga Springs who can provide details for your individual circumstances regarding what is, or is not covered. And frankly, it’s also important for you to have peace of mind with the correct detailed information that will help you make the right repair decisions.
There are people who love to own extremely rare cars and drive them in shows all over the country. Each owner will have to keep their car in great shape and they will have find a company that insures rare cars. The price for owning such a policy can be a little different than your normal auto policy. Here are a few factors that go into determining the rates for your rare car.
Factors that Determine the Rate of Your Rare Car
- A rare car is covered by an insurance policy like a regular policy. There is a liability section and the owner can choose to have physical damage benefits attached to the policy. Part of the rate is determined by the level of benefits the owner has chosen.
- Before insuring your rare car you will want to have an appraisal in hand from a qualified appraiser. The value of the car will play a big part in your overall premium. The more the car is worth the higher your rate will be.
- If you live in Albany, Saratoga Springs or Schenectady, New York, then you will want to keep your PFM score at a high level. A person’s PFM will help determine what they pay for car insurance. You can keep your premium low by keeping your PFM score in good shape.
- The make and model of your rare car will also help determine your rate.
If you have any questions about rare car insurance and need to speak with someone, then you need to contact your independent agent today. As your agent, we can help answer all of your questions. Give us a call today and tell us your circumstances so we can help get you the right coverage for your car.
When most people in Albany, New York think about saving for retirement, they think about contributing to a 401-K plan through their employer or maybe setting up a Roth IRA account. While those are two good options, there are also ways to build a solid retirement policy by purchasing an annuity or a whole-life insurance policy through an independent agent.
You buy life insurance or establish a retirement policy because you care about someone else and want to make sure that they are well provided for if you are not around to help support them. Whatever type of retirement policy or life insurance policy you may own, or contemplate buying, will have a question asking you to name one or more beneficiaries.
In New York, there is no specification as to whom you can list as a beneficiary on a retirement policy. Usually, people name their spouse, children, relatives or close friends as beneficiaries. You might name your sister in Saratoga Springs or your grown son who resides in Schenectady. You can name just one beneficiary or several beneficiaries. The choice is up to you.
There are two categories of beneficiaries. A primary beneficiary will receive the proceeds of your retirement policy upon your passing. If there are several primary beneficiaries named, each beneficiary will receive an equal share of the proceeds unless you specified a percentage that each individual should get.
If all primary beneficiaries that you named pre-decease you, the next eligible group to benefit from your retirement policy are any contingent beneficiaries that you may have named on your policy. If there are no beneficiaries, the balance in your account will become part of your estate that will need to be settled.
As your independent agent, we want to make sure that you have the right type and amount of coverage so your beneficiaries will be well taken care of for the rest of their lives. Give us a call and we can answer any questions you may have about insurance and planning for the future.