Today’s blog comes to us via a guest writer, our own VP – David J Bonne.
Whether you are a landlord of a small one to four family dwelling or a larger apartment complex, there is a very important insurance coverage you should probably consider and it doesn’t even cost that much; its called “Personal Injury Liability.
Many insurance agents that are not familiar with true landlord exposures, may not even offer this optional coverage to you, even though it generally costs as little as $40 – $50 to have added to your policy.
Personal Injury Liability on a landlord or business owner’s insurance policy covers “wrongful acts.” Wrongful acts sounds like a harsh term since most of the potential acts are usually committed in error (not intentionally) or not committed at all, but perceived to be by a tenant. These potential wrongful acts can be one or more of the following:
- Wrongful eviction
- False arrest
- Invasion of privacy, etc.
A personal injury liability endorsement on your policy will simply add these coverage definitions to your existing landlord liability, which usually only covers basic scenarios such as trip and fall, or tenant property damage. Some insurance companies limit what is covered under wrongful acts, so be sure to check with your agent for coverage definitions by the insurance carrier you are written with when asking for this important coverage.
You should also try to reduce potential future claims of this sort by performing the following simple tasks:
- Do not deny a tenant a lease on the basis of race, color, religion, etc.
- Keep good records of all tenant leases and any interactions you have with them.
- Make notes of conversations and follow up with a confirmation letter on what was discussed and the date.
- Know your responsibilities as a landlord. Check the housing and urban development website portal for the State of NY
- Never enter a leased rental without ample prior notice, unless it is an emergency.
- Follow all eviction laws and guidelines.
When an eviction is necessary, document the reasoning, every step taken, and all relevant information for your legal protection.
David J. Bonne
Hudson Valley Agents
‘(845) 778-2141 7 (845) 764-4482
#landlordinsurance #personalliabilityinsurance #insurelocal #hudsonvalley #waldenny
Ashley Berry is amazing. Ashley handles personal lines in our Walden office, and if you have ever called us for a homeowners or auto quote she’s the lady you spoke to. She has a talent for taking insurance-speak and making it understandable to the average mortal, so when you she explains your insurance coverage to you, you actually understand it!
Ashley is pretty crafty, check out the fairy gardens she created for our office!
She occasionally sells her fairy gardens so stop by and see her latest creations!
This isn’t Ashley’s first time being featured in our blog, so we had to switch up her bio questions-
What is your favorite song? – Build Me Up Buttercup
What is your favorite movie – Legand with Tom Cruise
How long have you been in the insurance biz? 3 1/2 years
If someone made a movie about your life who would play you? Lisa Kudrow
What is your favorite place to visit in the Hudson Valley? New Paltz
We are lucky to have Ashley on our team, her can-do attitude and her gorgeous fairy gardens brighten our office every day. She can build a garden and she can insure it! #HudsonValleyAgents #insurelocal #fairygardens
There are only 4 more days left in 2016, and for that we are thankful! 2016 has been the year from hell for most of America and we find ourselves looking towards 2017 with hope and a little bit of nervous laughter. 2017 will be welcomed in with hearts filled with the hope that this will be the year we actually keep our New Year’s resolutions.
Making resolutions for the new year is something we have all done and 2017 will be no exception. An impromptu poll of Hudson Valley residents (we asked our friends and family members) shows that these are the 5 most popular Hudson Valley New Year’s resolutions:
1- Lose 10 pounds
2- Save money
3- Live your best life
4- Shop locally more often
5- Become more organized
Hudson Valley Agents can help you keep 3 out of 5 of these resolutions!
- Saving money on your insurance is easy, call, click, or stop by for a free quote on all of your insurance needs. We work with many insurance companies that offer competitive rates and many of them are located on the east coast.
- We love to shop local and we really love to insure local! We work with several Hudson Valley-based insurance companies as well as companies based in New York state. We also offer affordable insurance coverage for small businesses throughout the state. You can always #insurelocal with us!
- Organizing your insurance policies is easy with our free app for iPhone and Android users! Finding your policies, making claims, making payments, even finding your car in a crowded parking lot just became a whole lot easier.
#HudsonValleyAgents #NewYearsresolutions #insurelocal
Allow us to introduce you to HVA’s phone app! Now Android and iPhone users can start a claim, make a payment, get a free quote, find their parked car, and more just by downloading our free app. The Hudson Valley’s number one independent insurance agency just made insurance a whole lot smarter and easier.
Find out why we are the Hudson Valley’s #1 independent insurance agency, get your free insurance quote today! #hudsonvalleyagents #insurelocal
Hudson Valley Agents has adopted the #insurelocal hashtag for a very good reason, we have 5, yes 5, New York state-based insurance companies that we work with and that is a pretty big deal.
When you insure with a regionally based insurance company your rates are regionally based. For example, if your homeowners insurance is with Allstate or State Farm then you might have noticed an increase in your premiums after the California wild fires destroyed so many homes. This happens when your insurance company covers everything everywhere. A locally based insurance company’s rates reflect the risks and losses of their region and not the rest of the country.
If you would like to #insurelocal then give us a call, we work with these local companies –
- Eastern Insurance, Greenville NY, Orange county
- Preferred Mutual, New Berlin NY, Chenango county
- Utica First, Utica NY, Oneida county
- Claverack Cooperative Insurance, Claverack NY, Columbia county
- Mid-Hudson Cooperative Insurance, Montgomery NY, Orange county
Keep your money where you live, shop locally, eat locally, play locally, and insure locally with Hudson Valley Agents!
We all know that the Hudson Valley is a fantastic place to live. We have easy access to NYC and easy access to our own local cities as well. We aren’t a “party all night/sleep all day” place but we still know how to party. We have plays, live music, business growth, plenty of parks to hike and bike in, the best restaurants, great wineries, fantastic breweries, and an up and coming distillery scene. What’s not to love about living in the Hudson Valley?
When my significant other and I decided to cohabitate we knew we needed to be in the Hudson Valley and in either Orange county, Dutchess county, or Ulster county. We sat down and discussed the pros and cons of each county, we had both grown up in Orange county (Scotchtown for him, Newburgh and Mount Hope for me) and neither of us felt it was a good fit for us now. We considered Dutchess county simply because I had lived there before and raised my daughter there. Ulster county was the one big unknown, we had both visited it on day trips, Woodstock and Kingston’s water front district were our usual haunts, but neither of us knew what it would be like to live there. In 2013 we rented an apartment in Kingston and plunged into getting to know our new city. We kept telling each other that if we did not like this new place we could always move. It’s now 2015 and we have been in our house for just over a year. Kingston is now home.
I was hesitant to move to a city. If you are at all familiar with Mount Hope then you understand why, nothing but cow pastures and trees as far as the eye can see out there. Life in a city with an active freight train that runs through it takes a little getting used to but the occasional wait at a train crossing is nothing when you compare it to everything else this city has to offer. Yes, there are seedy sections but even the most rundown parts of Kingston look better than anywhere in the city of Newburgh or Poughkeepsie. Kingston is a city on the upswing, something Newburgh and Poughkeepsie are still striving to do.
Family and friends often make a point of coming to visit us in Kingston and we still aren’t sure if they come for us or the city itself. Aunt Ro likes the historical buildings and the cemetery at the Old Dutch Church (Kingston was the very first capitol of New York State), Aunt Janie likes the unique shops and the Kingston Candy Bar (Best. Candy. Anywhere.), both of their spouses love the restaurants as well as The Stockade Tavern and Keegan Ales. The big bonus is that we are five minutes from the Thruway so visiting from Utica or Long Island is a breeze.
Our typical summertime Saturday morning consists of a seven minute walk uptown to the Kingston Farmers Market to buy produce, peanut butter, and quiche, then a walk over to Outdated Café for brunch and antiquing. All through the spring, summer, fall, and winter I have access to locally sourced food within a seven minute walk from my front door, this! Our Farmers Market is huge and practically on the doorstep of every single restaurant uptown making the Saturday night dinner specials even more special. Oh, and if you happen to be gluten free you’ll find that almost every restaurant has gluten free options that are divine.
Business rents are incredibly reasonable, some are downright cheap compared to Dutchess or Orange counties. As a matter of fact you can even rent office space in an opera house! The local government officials work hard to make sure businesses come and stay in the area, it’s nice to have everyone working towards a common goal.
Kingston is not without its problems. A high school desperately in need of repairs, traffic patterns that make zero sense, and ancient water mains. Yes there is crime, yes there is are places you might not want to walk around in at night but it is a city not a village. Even with these issues Kingston is a wonderful place to live, this is where Hippies and Hipsters come to coexist! Can you believe that there is even a #movetokingstonnow movement?!?
Were you aware of the fact that where you live has an impact on your insurance rates? Before you put down roots in a new place talk to an independent insurance agent. Insuring your home and car may be more expensive in some areas and less expensive in others. Hudson Valley Agents understands the insurance needs of the Hudson Valley and they work with New York State based insurance companies to bring their clients the best rates with great coverage. It’s not quite farm to table insurance but we can insure your farm and your table too! Give them a call today at 778-2141!
I spoke to a woman today who told me that she is paying way too much for insurance but she will not change companies because she’s uncomfortable trusting any insurance agent to not be “a sleaze ball”, and that my friend’s is an exact quote. I told her about Hudson Valley Agents, I even went so far as to say, “Hudson Valley Agents is the Hudson Valley’s best family owned independent insurance agency!”, talk about shameless promotion! I think insurance agents have an undeserved bad reputation so today’s blog should help clean that up.
Independent insurance agents are some of the hardest working people in the insurance business and perhaps it is time we acknowledged this fact. Before one can actually call themselves an insurance agent they have to learn the business, they have to study and pass a state licensing test and have hours of continuing education to keep that license. They need to be versed in many different types of insurance and have a well honed business sense. They must calmly and compassionately help clients who have just suffered a tragedy (house fire, car accident, death of a loved one). They are part financial planner, part counselor, part insurance law expert, and part business person all rolled up in one.
When you look for a new independent insurance agent there are things you need to keep in mind –
1- It isn’t all about money. A good insurance agent will find you the best coverage available even if it is with a company that pays the agent a low commission. The client must come first.
2- They have to give above average customer service. Normally people only speak to their insurance agent when they first purchase their policy, when they need to add or subtract something from their policy, or when they need to make a claim. They have only two or three interactions in which to make a positive impression. When a client needs to make a claim or change their coverage they expect to be taken care of promptly and professionally so good customer service is the key to repeat business.
3- You need to be pretty darn smart to be an insurance agent. Life insurance, business insurance, auto insurance, homeowners insurance, boat insurance, classic car insurance, vacation insurance, wedding insurance, and many, many other types of insurance policies are sold by the same agency and your agent should be able to answer any question you have about any aspect of your policy.
4- Independent insurance agencies are usually a family affair. Our agency is a father and son agency and together they have several decades of insurance knowledge. When something is part of your family you work harder for it. Your business reputation and your family reputation go hand in hand.
Remember the lady I spoke of in the beginning of the blog? She just called me and asked for Hudson Valley Agent’s phone number (845-778-2141). She told me that if anyone could speak so highly of her insurance agent then they must be worth looking into! When you find a great insurance agent it’s kind of hard to keep quiet about it so if you love your insurance agent tell a friend or two and share the love. Hudson Valley Agents is the Hudson Valley’s best family owned independent insurance agency. Let them show you that the best insurance in the Hudson Valley can be found at Hudson Valley Agents.
Those of us who live in the Hudson Valley know just what an amazing and diverse place this truly is. We revel in our proximity to the mountains, the Hudson River, and New York City and we are fiercely loyal to our cities, towns, and villages. We are home to the best restaurants, music, art, and outdoor beauty in the state!!! The Hudson Valley is perfect and it is getting better every single day.
We have two cities that are gaining a lot of mention in the press recently for being “The New Brooklyn”, I’m talking to you Beacon and Kingston! As a Kingston resident I find the idea of becoming “The New Brooklyn” terrifying and exciting. As a Hudson Valley resident all I can say is “I always knew this was the best place to live, let me show you around!”. We could not stay the under rated diamond in New York’s crown forever, people were bound to discover what we all knew years ago – the Hudson Valley is a great place to live and work.
Kingston and Beacon are our valley’s current hot spots and here’s why –
Beacon has a great art scene, the Dia is a huge draw. There is a plethora of restaurants and bars. It’s a hipsters paradise and I have never seen so many perfectly groomed beards in my lifetime! Having the Town Crier leave it’s home in Pawling for Beacon’s Main street helped boost the city’s music scene. It’s a wonderful day trip and only a 59 minute trip from Grand Central, plus there’s the added bonus of Beacon having its own stop on Metro North! Why wouldn’t people leave NYC to visit Beacon? Beacon was a kind of scary place in the early 1990’s, it is nice to see how the community came together and welcomed new businesses to the city. I’m really proud of you Beacon, kudos!
Kingston is just perfect. I live here so I can say that, and I find that I say it so often I have begun to feel more like a cheerleader than a neophyte insurance blogger! We have a rich history, after all we are the original capital of NYS, and even IBM’s closing did not fully bring this city to it’s knees. We have a thriving uptown district thanks to organizations like KUBA (Kingston Uptown Business Association) and a thriving waterfront district as well! Keegan Ales is our brewery and BSP is our go to music and arts venue. We have one of Esquire’s top rated bars, The Stockade Tavern, and museums and art galleries galore! Kingston has wine bars (like The Elephant), gastropubs (Frogmore Tavern) and many of our restaurants embrace the farm to table movement (too many to list). Kingston’s art scene is phenomenal and the O+ Festival as well as the independent galleries just part of it. We are perfectly situated between Manhattan and Albany via the NYS Thruway, just a short 97.1 miles from Grand Central and 56 miles from Albany. Sadly we do not have direct access to public transportation to Manhattan, for that we must travel to Poughkeepsie or Beacon if the Poughkeepsie Metro North lot is filled. Public transportation can get you around Kingston but you can easily walk from the waterfront to uptown.
The Hudson Valley is a very special place and it has been heartwarming seeing the positive changes that Beacon and Kingston have made. Many people have invested their blood sweat and tears to create communities that they can be proud of and those investments should be protected. Hudson Valley Agents is the Hudson Valley’s best independent insurance agency and they work with New York state based insurance companies. They can make sure you have the best insurance coverage to protect your Hudson Valley home or business. They even insure events and festivals! So shop locally, eat locally and insure locally! #movetokingstonnow #insure local #HudsonValleylove
Take a good look at this photo. I realize that it might be difficult to see the loose bricks in the chimney but believe me they are there. I took this photo while standing on my back porch after watching one of the loose bricks plummet to the ground, it just missed squashing one of the neighbor’s cats! This building has been unoccupied since before I purchased my home in February 2014 and every time I see it I find myself wondering just who owns it and what will be done when the rest of the existing chimney crumbles away. Is this house insurable and do the owners actually carry insurance coverage on this decaying, boarded up monstrosity? These thoughts led me to today’s blog topic – Can you insure an unoccupied building?
In order to answer these questions I had to turn to the Hudson Valley’s insurance experts – Hudson Valley Agents. Dave Jr had this to say, “A vacant building is a liability risk, no one is around to make sure the pipes don’t freeze or that the roof does not collapse due to the weight of the winter snows.” This fact makes insurance coverage for vacant homes and buildings rather tricky and many insurance companies simply will not write insurance for unoccupied buildings.
An unoccupied building is a big insurance risk. No one is around it on a regular basis to keep Mother Nature from wrecking havoc. No one is around on a regular basis to keep non-authorized people from entering the building and damaging it or themselves. No one is around to alert the fire department should a fire break out. And no one is around to prevent bricks from falling off of the chimney. All of these things factor into the price of insurance coverage for unoccupied buildings and believe me when I tell you that these types of policies are not inexpensive but there are ways to lower the premium costs –
1- Install a security system. Makes sure the system you install has a direct link to your local police and fire departments.
2- Hire a property management company to check the property on a twice daily basis. Look for one with access to local plumbers and carpenters so any damage can be addressed quickly and efficiently.
3- WINTERIZE!!!! Winter weather does more damage to unoccupied buildings than any other season so make sure you do all that you can to ensure that the building is protected.
4- Call Hudson Valley Agents. They have access to several companies that will insure vacant buildings which means better savings for you.
An unoccupied building should not be ignored and neither should it’s insurance coverage. If you have an unoccupied building and are having difficulty finding coverage give HVA a call and ask for Dave Jr. He’s the Hudson Valley’s best agent and will take the time to make sure you understand your policy and all that it does and does not cover.