Why would someone need classic car insurance?

Owning a classic car is a dream for anyone that loves cars or is looking for an alternative investment. If you are going to purchase a classic car, you should carefully consider your insurance needs. There are several reasons why someone in the New Rochelle, NY area will need to get a classic car insurance policy as opposed to a standard auto insurance policy.

Classic Car Policies Offer More Coverage

One of the advantages of getting a classic car insurance policy is that it can provide you with more coverage for your vehicle. When you purchase a classic car, you are going to be getting a car that can be a significant investment that can appreciate in value. Due to this, you will want to make sure that you receive the insurance coverage that you need to protect the full value of the car. With classic car insurance, you can work with the insurance provider to negotiate the amount of coverage that you need.

Insurance Offers Realistic Liability Coverage

One unique part of owning a classic car is that you will likely not drive it very often. Due to this, the risk that you could cause an accident is much lower than it would be in an average car. Due to this, the classic car insurance provider will offer you an insurance policy that comes with liability insurance premiums that reflects this actual risk based on the mileage you drive. 

As you are shopping for coverage for your classic car in the New Rochelle, NY area, you should call Marenco Insurance. The team at Marenco Insurance can help you to pick a policy that will help to protect your vehicle. This can provide you with the coverage that you need to protect your classic car. 

Common Exclusions for Renters Insurance

Your renter’s insurance may offer far more coverage than you realize. For instance, renters insurance in New Rochelle, NY may pay for you to rent another apartment after a disaster renders your current dwelling unlivable and can even help you to recover lost funds following instances of identity theft. But, there are also plenty of cases in which you will not be covered. For example:

  • Flooding. Flooding is typically handled strictly through flood insurance providers, not commercial, home, or renters insurance providers. This means that your landlord’s insurance may help you to recover your damages, but your insurance will not.
  • Late filing. If you file your claim after the deadline, expect it to be denied. You generally have anywhere from a few weeks to a month to file the paperwork, but it’s different from insurer to insurer.
  • You simply don’t have the protection you thought you had. Renters insurance does not, for instance, automatically cover everything you own. If you haven’t bought adequate coverage to protect your belongings, and if you don’t keep a regular, updated inventory, your insurer won’t be able to help you.
  • You’re filing a claim on something that’s the landlord’s responsibility. The building is your landlord’s responsibility. You don’t need to file a claim for broken windows or a fridge that came with the apartment.

You’re going to want to read your policy over and call your insurer with any questions you have to make sure that you know when you’re covered, and what your insurer expects of you.

If you’re still shopping around in New Rochelle, NY, get in touch with us at Marenco Insurance. Call, visit our offices, or stop by the Marenco Insurance website and let’s see what we can do to get you protected.

What is the benefit of motor home insurance?

If you live in the New Rochelle, NY area, there are many different forms of housing that you have to choose from. One unique option to consider is to get a motor home. When you have a motor home, you can have an asset that will provide you with a comfortable place to sleep, and that can also be a mode of transportation. This makes it an excellent option for anyone that wants to tour the state or rest of the country. When you do get a motor home, you should get a motor home insurance policy as they can provide several forms of benefits.

Provides Liability Protection

If you are an owner of a motor home, you have a unique set of liability risks. Not only do you have risk associated with causing an accident when driving, but you also have liability risk if you have a guest over to your home. With a motor home insurance policy, you can receive the protection you need to help mitigate both of these risks. 

Covers Your Asset

Another advantage of a motor home insurance policy is that it can cover your assets. When you have this form of insurance, you can receive protection to repair or replace your motor home. If your motor home is stolen, vandalized, or otherwise damaged, you will have the coverage that you need through this form of insurance. 

When you are looking for this insurance in the New Rochelle, NY area, you should reach out to the team at Marenco Insurance. The insurance team at Marenco Insurance has helped many people in the area find a motor home insurance policy that provides excellent protection. This will help to protect your assets and provide you with peace of mind. 

Am I Covered if Someone Breaks Into My RV?

When you are camping in your RV, the last thing you want to do is worry about someone breaking in and damaging or stealing your property. With an RV insurance policy in place from Marenco Insurance, residents of New Rochelle, NY can rest easy that they will be fully covered if the unthinkable happens. 

Create a Photo Inventory

Just like with your home insurance, having a photo or video inventory of all your possessions inside your RV is a great way to keep track of things. Your photo inventory should show the item’s condition as well as serial and model numbers, if any. This is also an excellent way to document the status of your RV. Make sure you have pictures of all the doors and windows, as well as the roof and engine compartment.

Always Call the Police

Anytime you experience a break-in or type of vandalism, call the police and file a report. Include as much information as possible. This will help your insurance agent determine the extent of your loss. Once this step has been completed, you can begin to make repairs and start to replace your items.

Agents from Marenco Insurance have years of experience when it comes to assisting the residents of New Rochelle, NY when they experience a burglary or other unpleasant event. Don’t wait until something unpleasant happens. Call and speak to an agent today to make sure you have the RV insurance coverage you need to protect your belongings. With a little forethought and planning, you can get the RV insurance policy you need to feel safe and secure when you are traveling far from home. Take a few minutes and speak to an agent today!

Three differences between classic car insurance and standard auto insurance

Classic vehicle owners should purchase a classic car insurance policy rather than a standard auto insurance policy. If you own a classic vehicle in the New Rochelle, NY area, you can look into our policy offerings at Marenco Insurance. 

The following are three major differences between classic car insurance and standard auto insurance that you should be aware of. 

Generally speaking, classic car insurance doesn’t cost as much.

One of the best things about classic car insurance is that it is usually more affordable than standard auto insurance. On average, classic car insurance premiums cost almost 40 percent less than standard auto insurance premiums. 

Classic car insurance policies are designed for minimal vehicle use.

The main reason why classic car insurance is so much less expensive than standard auto insurance is that classic vehicles are typically used less than everyday vehicles.

Insurance companies can offer lower premiums on these policies because vehicle usage is less. This means the chances of a claim being filed on a particular policy are lower. 

Classic car insurance policies generally do not involve a deductible. 

Another great thing about classic car insurance policies is that they often don’t require any deductible to be paid before coverage kicks in. The deductible is an amount you have to pay out of pocket before you’ll get funds from your classic car insurance policy.

Not having to pay a deductible can save you a fair amount of money when it comes time to file a claim. 

Insurance coverage is required for classic cars out on the road, just like it’s required for standard vehicles. Shop for a classic car insurance policy by contacting our office. We offer insurance policies for classic car owners in the New Rochelle, NY area at Marenco Insurance

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.