What does renter’s insurance cover?

Renter’s insurance is an important investment when you move into your own apartment. The value of a renter’s policy goes beyond replacing possessions you could not easily afford to repurchase. It also includes liability and important loss of use coverage should you need to relocate in an emergency. Marenco Insurance serves the New Rochelle, NY area and is ready to answer any questions you may have regarding a new policy.

The most obvious feature of a renter’s insurance policy is its ability to provide funds for replacing items lost in an emergency or disaster. It also typically covers damages from theft or vandalism and building specific failures, such as water damage from plumbing issues or sprinklers.

Your policy will provide money for your personal possessions up to the policy limit after the deductible is met. It does not cover damage to your apartment itself or appliances provided by the landlord. Instead, these items are covered in the building owner’s property insurance policy.

A second primary benefit of renter’s insurance is the loss of use payments. These help you cover the costs of a hotel stay or lease when you must relocate due to damage to your apartment. If you are forced to vacate, the policy kicks in to provide a set amount of money toward your new shelter.

Renter’s insurance policies also provide essential liability protection if someone is injured in your rental. This coverage often extends to medical payments for others. When you rent based on preference versus budget constraints, liability protection is essential to protect your assets.

To discuss all possible coverage options in a renter’s insurance policy in the New Rochelle, NY area, call Marenco Insurance. Agents are prepared to discuss policy particulars and pricing over the phone or to set up an appointment for an in-person consultation.

Does motor home insurance cover natural disasters?

The only thing more devastating than having your RV destroyed by a fire or flood is to not know if your motorhome insurance covers the incident. Some RV owners in New Rochelle, NY believe motorhome indemnity policies are like home insurance plans. Thus, they assume that natural disasters are not covered under a standard policy. The agents at Marenco Insurance can explain what your motorhome insurance covers so that there is no guessing when tragedy strikes. 

Does motorhome insurance cover natural disasters?

A liability indemnity plan for RVs may not pay for natural disasters such as floods and fires. Your liability policy primarily covers instances where you caused an accident on the road. Natural disasters are not caused by you or any other person. Thus, a liability-only plan may not help when a fire or flood damages or destroys your motorhome. 

Full coverage includes comprehensive damages such as those caused by natural disasters. You can, therefore, file a claim up to your policy’s limit to compensate for fire, flood, and wind damages to your motorhome. 

How much motorhome insurance do you need?

The amount of RV insurance that you need depends on a number of factors not limited to:

  • Net Worth – Those with more assets may choose to pay more for RV insurance. 

  • The type of motorhome you want to insure – You may not want to purchase the cheapest policy for a brand-new Class A RV. On the other hand, you may decide to select a liability plan if your motorhome is older. 

  • What you plan to do with your motorhome – Those who take their RVs out of storage every summer may choose the minimum amount of coverage needed to take the vehicle on the road. On the other hand, RV owners who live in their motorhomes may want to buy a policy that covers everything. 

The agents at Marenco Insurance can explain what motorhome insurance covers. Call them today to cover your RV in New Rochelle, NY!

Why Do I Need RVĀ Insurance?

You can go on all sorts of adventures in your RV throughout Westchester County and beyond. As for getting RV insurance, you need to make sure that your investment is protected all along the way.

Depending on the type of RV that you have, it might be required that you acquire RV insurance. If there’s an engine built-in as opposed to being a hitch, you need to make sure that you adhere to the basic insurance requirements of the state.

Even if you have a trailer, you will want to consider RV insurance.

Protect Your Investment

Essentially, RV insurance in New Rochelle, NY can protect all aspects of your RV. This includes damage when it’s parked at a campsite, vandalism, and even things that may be stolen out of the RV when you’re on your various road adventures.

All sorts of different coverage options can be added to your RV policy. At Marenco Insurance, we can customize a policy to meet your needs. This way, you have the coverage you need based on the cost of your RV and where you take it throughout the year. When you have more coverage, you can file a claim with confidence, knowing that everything will be handled. You will only have to pay for a deductible while the insurance company takes care of repairs and replacements.

Shop the Right Coverage

Every insurance company is different in terms of what they offer for coverage. By working with an independent insurance agent, you can find the coverage that you need at an affordable premium.

When you’re ready to get RV insurance in Westchester County, contact us at Marenco Insurance. We’ll build your policy and get the quotes that you need. Our agents are ready to help you get started with a quote.

 

 

What protection while I received from motorcycle insurance in New York

For those that are in the New Rochelle, NY area, owning a motorcycle can be a great experience. When you do have a motorcycle in this area, it will allow you to get out and explore the countryside, which is especially enjoyable on a beautiful and sunny day. When you are looking to get a motorcycle in this area, you also need to get a motorcycle insurance policy as it will protect you in several different ways. 

Protects Your Motorcycle

Buying a motorcycle can be a huge purchase and investment. Due to the cost that comes with buying and taking care of a bike, you need to make sure that you cover it with insurance as well as you can. When you get a motorcycle insurance policy, it will protect you against theft, vandalism, and a variety of other risks that are always present. 

Gives Liability Coverage

Similar to when you are driving a car, those that operate a motorcycle need to consider their liability insurance needs. When you drive a bike, there is always a risk that you could cause an accident that results in damages. When you have a motorcycle insurance policy, you will receive coverage for these damages. This not only will give you coverage and peace of mind but having it is also required in the state of New York.

Many advantages come with getting motorcycle insurance in New York. When you are shopping for your next policy, you should contact Marenco Insurance. The insurance professionals at Marenco Insurance can help any New Rochelle, NY motorcycle owner better understand all of their insurance needs and options. This will help to ensure that they find a good policy that gives the right type and level of coverage. 

Proper Storage Techniques for Your Boat to Survive New York Winters

When it comes to New York winters, you’re in for the unpredictable. It’s a good idea to prepare your boat thoroughly before winter starts. This way, you won’t have to scramble around to get it ready for storage in the New Rochelle, NY area. Besides storage, you might want to talk to an agent at Marenco Insurance about what your options are for boat insurance in the winter.

Clean Your Boat

You may not see how much dirt and dust your boat picks up things during the summer. You’ll want to wipe it down to remove any dirt and algae, among other things. Also, be sure to check the cabinets and any spots you might not think of where you stowed things away. Of course, you can leave things there that are non-perishable and things that won’t freeze.

Check for Scrapes and Dents

When you’re hauling your boat from the water to a storage facility, you should look it over for any dents or scrapes. Also, take a look at the joints and sidewalls so you can ask the local boat shop about any issues before you store it away.

Winterize the Engine

First, run your engine, so it’s at operating temperature. It’s best if you take it out of the water and connect it to a hose so you can pump a full supply of water into the engine. Then, you should treat the fuel system by topping off the tanks with fresh fuel as well as fuel stabilizer so that the gas can stay fresh throughout the year while it’s in storage. If you don’t want fuel in the boat while it’s in storage, empty the tanks but put stabilizer in it, in case any fuel is still in them.

Next, check and replace the fuel filter by bringing the engine to operating temperature, check the filter for any leaks and anything else that needs to be fixed. Run its engine for 15 minutes so that the stabilizer can enter the fuel system. Then, you should replace the oil and inspect the boat’s spark plugs. Conduct an oil change and add lubrication to the spark plugs and replace them if it’s necessary. Drain out the tank and water lines, then inspect water lines to see if any of them need to be replaced. Add in a few ounces of antifreeze.

The last step would be to fog the boat’s engine. When you fog the oil, this prevents corrosion to the engines that can happen when they’re stored for more extended periods.

If you have questions about getting new boat insurance or making a switch to a new policy, reach out to Marenco Insurance of the New Rochelle, NY area.

Three Reasons You Should Consider and Umbrella Policy Today.

Have you heard about Umbrella Insurance?

No, it is not insurance for your umbrella. It is a policy that protects you from the bad incidents that may come, much like an umbrella. At Marenco Insurance, we offer many policy options that cover your needs, but sometimes you need additional coverage. This is where umbrella insurance is vital. Reach out to our office in New Rochelle, NY to gt started.

You May Want to Consider an Umbrella Policy If:

  • You drive long distances to work, or for your job. Increased time on the road means an increased risk of an accident. In addition, you may highly depend on your vehicle to make your living if you are commuting or using it for your job. If your lively hood is at risk due to a car accident, then an umbrella policy may be able to ensure that you can continue working and cover the high costs associated with the accident.
  • You are at an increased risk of a civil suit. If you are in the public eye in positions such as a doctor, mayor, restaurant owner, and even delivery driver, you may be at increased risk of a lawsuit. An umbrella policy may be able to help negate some of this risk. 
  • You run a business that supports your entire life. If your business has a lot at stake, including your family’s gross income, your employee’s salary, and the ability to stay afloat, then you should make sure that you are insured to the max in case anything happens. 

Contact us at Marenco Insurance if you are interested in knowing more about Umbrella Insurance and how it may help you if your current policy does not provide enough coverage. We proudly serve New Rochelle, NY with quality insurance services and are ready to answer your questions.

Why You Need Condo Insurance

When it comes to protecting your home it is important to have the right kind of insurance. If you live in a condo though you will need specialty condo insurance. This is a bit different from your traditional homeowner’s insurance, but it goes the extra mile to offer your home the protection you want. And if you live in the greater New Rochelle, NY area Marenco Insurance is here to help.

Combination of Renters and Home Owner’s Insurance

Condo insurance is important as it protects your property not only from internal issues but in the event of a building fire or other damages that your property might sustain living in such close proximity to other residents. With more people living in a singular building, there is a greater risk of property damage from others living around you. Condo insurance helps protect you from this kind of issue. In this way, it is similar to renter’s insurance. 

Investing In The Right Condo Insurance

Condo insurance is the home owner’s insurance of a condo building. However, you will want to talk it over with your HOA to find out if there is a specific kind of insurance you need. Some buildings do have agreements with local insurance providers, so prior to making any arrangements, you’ll want to have this discussion with your building. 

If you live in a condo you need to do what you can to protect your property. One of the best ways to do this is with the help of condo insurance. Condo insurance is an essential tool to have and it protects your home, even with close proximity to others living in the building. So, if you live in greater New Rochelle, NY, make sure to give the team at Marenco Insurance a call today. 

Does Auto Insurance Cover Renting a New Car?

When you wreck your car the last thing you want to worry about is your rental car. In most cases, your car insurance will cover the cost of a rental but will it cover the cost of renting a newer car or just the beater that they keep in the back. For those that live in the New Rochelle, NY area, the agents with Marenco Insurance can help you find the policy that works best for you.

Your insurance is going to cover the cost of renting a car but it may not cover the cost of renting a very expensive and very new car. In most cases, your insurance is going to have a preferred dealership or rental agency that they work with or they may even have their own rental cars. They are also going to have a threshold or a limit to how much the car can cost every day for rental. This is to help make sure that someone that is going to need a rental car for a week does not rent a car that costs $1,000 a day to rent.

In many cases, you can contact your insurance agency to find out just what your policy covers and to find an acceptable rental agency that your insurance is going to pay for so that you can get back out on the road. It is always best to go for a mid-range rental car that is going to get the job done but that perhaps is not a hugely expensive car. For those that live in the New Rochelle, NY area, the agents with Marenco Insurance can help you to find the coverage that is going to work best for you and for your needs and wants.  

How commercial insurance can help your new Rochelle business

Owning a business is a dream that many people have. When you own your own business, you will have the ultimate control over your success. If you have a good business idea, it could prove to be a very rewarding adventure for you. When you are looking to build a business, it is important that you are properly protected. For a New Rochelle, NY business owner, having commercial insurance at all times could prove to be very beneficial. 

Protects Assets

When you are the owner of a small business, you likely will need to invest a lot of personal and business capital to acquire certain assets. Whether this is inventory, equipment, or even real estate, you will need to ensure you have insurance backing your assets up. Those that have a full commercial insurance policy will help to protect these assets in the event they are damaged or you experience some other types of losses. In some situations, this insurance could even help to ensure your business stays solvent.

Liability Protection

A small business owner also needs to be conscious of their liability risks. Whenever you sell a product or service to a customer, you are taking on some liability risk. When you purchase a commercial insurance policy, you are going to receive protection up to the level of your policy for this risk. This could prove to be extremely beneficial in situations in which you are going to be liable.

If you are looking to protect your New Rochelle, NY business, you should contact Marenco Insurance. The professionals at Marenco Insurance know all about how commercial insurance can help a business. They can then help your business to get into a great policy that provides the necessary protection. 

What to look for in a home insurance policy?

Owning a home can be a great idea for anyone that is looking for a long-term commitment to the place where they are going to live. When you purchase a home, there are many important responsibilities that you needed to take seriously. One important responsibility is the need to get a quality home insurance policy. There are several things that you should look for when you are choosing a new home insurance policy for your property.

Level of Coverage 

One of the first things that you need to consider when getting a home insurance policy is the level of coverage that you will receive. You will want to make sure that your home insurance policy provides you with an adequate amount of coverage for the actual property, personal liability, and your personal belongings. This process should also ensure you are getting the right coverage to comply with your mortgage loan agreement.

Risks Covered 

Additionally, you should also make sure that all relevant and necessary risks are properly covered by your policy. Your home insurance policy may not cover certain types of damage. It is important to make sure that all potential losses are properly accounted for in your home insurance policy. This can be done by either getting a more expansive policy or purchasing additional coverage.

If you would like to learn more about your home insurance options for your New Rochelle, NY area home, you should reach out to the Marenco Insurance. The professionals at the Marenco Insurance are very aware of all the benefits that come with a home insurance policy. They can help you better understand your needs and make sure that you get into a policy that provides you with the right type of protection for your New Rochelle, NY area home.