Buying a home is always a very big decision that needs to be taken quite seriously. For those that are in the Albany area, it is also important to consider your home insurance needs. While it can seem like a complicated process, there are several tips that could be followed to help someone get into a quality home insurance policy that provides the right protection.
Know their Needs
When you are looking for home insurance in the Albany, NY area, it is important to consider your personal needs first. Most people will need to have coverage to rebuild and replace their property and personal assets as well as liability coverage. However, others may need additional coverage including insurance riders for valuable assets or additional liability coverage. By spending time considering your needs, you will make sure that you get coverage for all relevant risks.
Get Professional Support
Along with considering your own personal insurance needs, you should also seek out the advice and wisdom from a professional. Choosing your own home insurance policy can be a complicated process. To make it easier, you should speak with an insurance professional that can help you to build a policy. These insurance professionals will be able to provide you with guidance and support that could help you to get into the perfect policy for your situation.
There are clearly many great reasons to get home insurance in Albany, NY and speaking with a professional would always be helpful. Those that are in the area should contact the team NY Twin Bridges Insurance Agency to discuss their insurance needs. The NY Twin Bridges Insurance Agency will carefully assess your individual needs and personal situation to help get you into the right policy that gives you the coverage you need.
Ridesharing has become big business. It is not only very convenient but it is considerably less expensive than taking a cab and in general, the coverage area is much more extensive. It is a great way to get around and it is also a great way to earn some extra income or even to do full time. You do need to use your own vehicle however and so the question of what kind of auto insurance you need as a rideshare driver in Albany, NY is vital. At NY Twin Bridges Insurance Agency we have the experienced staff to help make sure you have the coverage you need.
New York State enacted TNC (Transportation Network Company) laws, these require a rideshare driver to carry $1,250,000 in liability coverage per accident when they have a passenger in their car. UBER provides this insurance to their drivers while they have a passenger in the vehicle, Lyft provides $1,000,000 which means you are going to need to have the additional $250,000 of required insurance on your own.
Both companies also offered some liability coverage while you have the app on but have not yet accepted a ride or on the way to pick up the ride. However, when your app is not on, you are required to carry the minimum amount of insurance required by the state of New York or by the company or bank who holds your loan or lease. You must carry $10,000 property damage, $25,000 bodily injury with a max of $50,000 and $50,000 per death up to 2 people. If you have a loan or lease you will also need collision and comprehensive insurance.
All of these figures and facts can be complicated. It is important that you as a rideshare driver have all the coverage you need. At NY Twin Bridges Insurance Agency in Albany, NY we are here to help you make sure that you are protected. Give us a call or stop by our office for a no-obligation quote.