The purpose of boating insurance is very similar to car insurance. It provide coverage and financial recovery when the vehicle is damaged, stolen, or involved in causing damage to people or someone else’s property. Policies consider all types of contingencies, even disasters and unforeseen circumstances. However, one thing that insurance policies don’t typically pay for is damage caused when someone breaks a law.

Drinking alcohol has long been a favorite pastime when boating. Being on the water seems to be equated immediately with recreation and having fun. However, a boat is a licensed vehicle, regardless of being on the water instead of a road. And enough laws and restrictions have been passed in most states, making it clear that getting into a boating accident when drunk opens a person up to both criminal and civil actions. When a boating accident does occur and local authorities determine that driving the boat under the influence was a contributing factor, and insurer is eventually going to get a copy of the police and accident report.

Most insurance policies for boating, just like those for operating a car, have language in them preventing coverage when someone is the cause of damage due to a misdemeanor or felony. And the courts are very clear and unsympathetic in most states: ignorance of the law is no excuse for breaking it. The problem is, no one thinks about these complications when already on a boating trip for the day or weekend. Then the drinking starts and a problem occurs. Boaters are doing themselves a big favor taking the time to understand liabilities and exceptions to coverage before getting on the water. If in the Chester, NJ area, stop in with the Insurance Outfit. Their agents can point out exactly what happens with boat coverage versus a law violation in clear English.

Many people don’t have an idea as to what rv insurance is. As an example of how RV insurance works, let’s consider some accidents or trouble you could encounter with your RV on a vacation. RV insurance could potentially cover in several ways.

If you have uninsured/underinsured motorists coverage and another driver collides with you but is not insured, your insurance company will pay for your damages. The amount of compensation you receive will depend on the amount of damage, your deductible amount, and the limits set on your policy.

If you are at fault for an accident, the other driver will file a claim with your insurance company.  Your insurer will pay the claim up to the limits of your liability . You will pay the costs of any damages, injuries, legal fees or judgments out of pocket beyond the limits set on your policy. 

If your RV is disabled after a crash and has to be towed, your insurance will cover some or all of the costs of towing. 

If your RV is stolen, an animal causes damage to your RV, or it is damaged in a hail storm, your comprehensive insurance would provide coverage for your losses, after your deductible and up to the limits you’ve selected in your policy.

The Insurance Outfit of a company is often times what separates one insurer from another. A companies ability to be reliable and professional give to the relationship between the client. Among all things insurance is almost as necessary as the reason an individual bought the rv. All in all getting rv insurance could be the difference between "oh no" and "it’s ok, I have insurance".

At the Insurance Outfit, we understand how important your motorcycle is to you. As a result of that, we want to make sure that you have the right type and amount of motorcycle insurance on your bike before you hit the road. The following are three questions you should ask before you secure a motorcycle insurance policy with any company.

Question #1. Is this insurance for classic motorcycles or sports motorcycles?

There are different types of motorcycle insurance coverage options, and these polices serve very different purposes. It’s critical that you ask the insurance agent providing you the quote what they are quoting you. If you have a classic motorcycle, you want to make sure you get insurance coverage for that type of motorcycle; otherwise, you could pay more for your coverage.

Question #2: What is the average price to replace you motorcycle?

When you know the replacement value of your motorcycle, you can easily determine how much insurance you will need to cover your motorcycle in the event of a loss. Beyond the minimum insurance required in New Jersey, you can increase your limits to ensure that you cover customized components on your motorcycle.

Question #3. Do you use replacement value or cash value when reimbursing customers?

Replacement value is essentially the market value of your motorcycle, while cash value is the market value minus depreciation. Of course, it’s in your best interest to choose an insurance company that gives you the option to choose replacement value over actual cash value. If you don’t ask, and the insurance company uses actual cash value, you may receive a check that significantly less than you anticipated following a loss.

If you have questions about getting motorcycle insurance in and around Chester, NJ, then we have answers. We help thousands of customers protect their motorcycles both on and off the road. Don’t hesitate to give us a call so that we can give you a quote, or visit us online.

 

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Financial planning includes life insurance as one of the core elements every person should have in place to take care of their needs and that of their loved ones, both in the near term and long-term future. So, no surprise, people secure a plan through an insurance provider, agree upon a premium, and then maintain their plan over time. And, in most cases, people start of with term life insurance because the primary goal is just to have a solid safety net in place in case the unexpected occurs. Again, the approach follows sound financial advice.

However, over time a person’s live changes. They secure better and better income, their life matures and broadens with different changes, and people begin to realize that the long-term planning for the future is now becoming retirement planning for the mid-term and not so far off future. However, without updating a life insurance plan in place, their coverage is not keeping up with their life changes. Term life is a good basic tool for getting started with financial protection, but it doesn’t do anything for one’s long-term future and retirement. This is where a other options provide better alternatives.

A number of alternative life insurance plans provides both safety coverage as well as the ability to build savings for one’s later years. This is an ideal way to have the benefits of both worlds,

For those in the Bourbannais, IL area the Insurance Outfit and their expert staff can help guide clients and consumers on what’s available, the differences between life insurance plans, and the benefits offered for long-term financial planning. Don’t let your current plan drop you off when later life support is needed the most. Plan for the future while protecting the present with an upgraded plan.

The weather is becoming more pleasant across the nation this means more pedestrians and bike riders on the streets. Both parties must increase their awareness of each other to keep safe.  Getting out and enjoying the weather by choosing your bike for transportation or leisure riding is a great way to burn extra calories and increase overall health, as long as safety comes first.  

Tips For Bike Safety

• One of the main things to increase safety is increased visibility.  Ever wonder why construction crews choose orange for the cones and vests? It was not a fashion choice; research proved that orange stands out among other colors when it comes to catching the eye. Further research proved that movement and flashing light will draw the eye. This means every reflector, and moving light on a bike as well as the colors were chosen to wear can increase biker safety.  
• Area awareness for all parties is vital. Both vehicle drivers and bike riders need to be aware of their surroundings. Many accidents are caused by a person simply not paying enough attention. Taking a few seconds before a ride to remind yourself to be intentionally aware may save your life. 
• Stay in the designated areas when biking. Many New Jersey cities have biking lanes and areas; it is important for riders to stay in their lanes and drivers to be aware of the lanes to avoid a collision. 

At The Insurance Outfit, we serve Chester NJ and the surrounding areas with all of the insurance needs. Keeping safe is vital to enjoying the best spring and summer this year, and we have your back if something does go wrong.