Premier Risk LLC

12
May

Do You Require Condo Insurance in New York City?

If you own a condo in New York, you are not required by state law to ensure it, but it’s still a good idea. You probably will be required to carry condo insurance if you are financing the purchase through a bank loan. Here are essential points to know about condo insurance in NY. What Does Condo Insurance Cover? Although

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26
Apr

Why Business Owners Should Invest in Bond Insurance

Every day, entrepreneurs face the challenge of making good decisions for their businesses. There are tons of decisions you can make that can positively impact your business. Purchasing a bond insurance policy is one of those decisions. Most business owners think that a bond insurance policy only benefits investors. The truth is, it is an essential tool that can help

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12
Apr

Understanding the Pros and Cons of Investing in Long-Term Care Insurance

Long-term care insurance (LTCI) is a type of coverage that enables you to pay for long-term care expenses, which are typically not covered by regular health insurance. According to 2020 data from the Administration for Community Living, a division of the U.S. Department of Health and Human Services, almost 70% of 65-year-olds will require long-term care or assistance. Women require

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24
Mar

Practical Tips to Choose the Right Business Insurance Policy

Every business faces unique risks, and thus insurance needs vary from one enterprise to another. It’s, therefore, important that you invest sufficient energy and time in evaluating your business insurance needs to choose the right coverage options. Here are some tips to get you started. Review Your Coverage Periodically A common error that business owners often make is renewing their

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10
Mar

10 Useful Tips for First-time Life Insurance Buyers

Life insurance acts as a financial safety net for your dear ones once you pass away. If you’re purchasing a plan for the first time, term life is one option to consider. It provides coverage for a fixed duration, such as 10-30 years. You could also select a whole life policy for lifelong protection provided you keep paying regular premiums.

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22
Feb

Do I Really Need to Buy Motorcycle Insurance?

Motorcycles are just like any other vehicle on the road. Motorcycle riders have the same responsibilities as other drivers. If you go for a ride without any insurance on your bike, you are basically putting yourself in the same situation as an uninsured motorist. Adding a motorcycle policy to your bundle of other policies will save you money in the

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10
Feb

A Complete Guide to Commercial Property Insurance in NY

One of the main types of business insurance for companies that own real estate is commercial property insurance. You need this insurance to protect your investment from natural disasters, theft, and burglary. Use this commercial property insurance guide to help gain a better understanding of this coverage. What Is Commercial Property Insurance? A business that owns commercial property needs insurance

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20
Jan

Will My Renters Insurance Policy Cover Flood Damage?

The standard renters insurance typically excludes flood damage caused by weather events. For instance, if, due to heavy rains, a nearby river bursts its banks, flooding your rented property and damaging your possessions, renters insurance in New York will not cover that. In such a situation, a separate flood insurance coverage would come in handy. Aside from weather-related flood damage,

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6
Jan

What You Need to Know About Motorcycle Liability Insurance in NY

Just like other states, motorcycle accidents in NY that cause injury to passengers or pedestrians can attract substantial bodily injury claims against the rider. Even when such a crash doesn’t injure any third party, there is always the risk of crashing into another car or building, exposing you, the rider, to property damage claims. Here’s how you can maximize your

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