Because New York law generally prohibits insurers from pricing a policy for one individual in isolation. Insurers have to group similar drivers together and price by group, and a credit-based insurance score and geographic territory are two of the most…
Almost certainly yes, and probably not the coverage you think you already have. A standard homeowners policy was built to protect a residence, not a business, and most home-based business owners don’t find out how little that leaves them until…
An insurance score is a credit-based number insurers use to help decide whether to offer you a policy and what to charge for it, separate from your regular credit score. In New York, it’s tightly regulated. Insurers can’t use certain…
Most of the time, it’s not about you. New York insurers group similar drivers into rating tiers and price by tier, not just by individual driving record. Years of rising litigation costs, repair costs, and fraud have pushed premiums up…
Yes, and a clean track record is often the reason many business owners get caught off guard. Insurance exists for the year that’s different from every other year, not the years that went fine. In New York, some coverage is…
No, not through what New York calls a surcharge. Under New York’s Regulation 100, codified at 11 NYCRR Part 169 and issued under New York Insurance Law Section 2334, surcharges are limited to accidents where you were found at fault,…
Once your New York homeowners policy has been in effect for 60 days, your insurer generally cannot cancel or refuse to renew it for three full years, except for a short list of legally defined reasons under New York Insurance…
Yes, more often than the horror stories suggest, especially with the regional New York carriers we place most of our business with. The real risk isn’t a company looking for a reason to deny you. It’s a policy that was…
You just bought car insurance online. It took twelve minutes. You entered your car info, picked a monthly payment that felt reasonable, and clicked “Get Covered.” Your ID cards hit your email. Done. You probably feel good about it. You…
There’s a new kind of insurance agent working around the clock. It never sleeps. It never has a bad day. It answers every question with calm, fluent, authoritative language, and it is wrong with unsettling regularity. Artificial intelligence has moved…
