Should I Get Liability Only Auto Insurance? Or More Coverage?

Posted on December 24, 2024December 23, 2024 by admin

Most states require drivers to have car insurance. So, if you own a car, you’ll need to have car insurance. Whether you’re buying a car or switching car insurance policies, there are several types of car insurance that you may be considering.

Liability-only car insurance is a common type of policy that car owners opt for when they want a low-cost policy that complies with car insurance laws. At Worthington Carroll Agency, servicing Port Jervis, NY, we can help you find the right policy for your needs.

Defining Liability Only Insurance

Liability-only car insurance is a type of car insurance policy that only pays to repair or replace the other driver’s vehicle in the event that you cause a collision. It is the most basic type of insurance that car owners can have. Liability-only car insurance complies with laws and helps protect other drivers on the road, but it does not pay to repair or replace your vehicle if something happens to it.

Comparing Liability Only Insurance with Other Types of Insurance

Many other types of car insurance will pay to repair or replace your vehicle under certain circumstances. For example, comprehensive coverage will pay to repair or replace your vehicle if it is damaged or lost in certain events, such as car theft or fire. Collision insurance will pay to repair or replace your vehicle if it is damaged in a collision – even if you caused the collision.

Need Auto Insurance Coverage? Contact Us Today

If you need liability-only car insurance or another type of car insurance, the professionals at Worthington Carroll Agency, serving Port Jervis, NY, can help. We work with many carriers to help our customers find the right policies for their needs.

How to Create and Maintain an Effective Home Inventory

Posted on November 26, 2024November 25, 2024 by admin

Creating and maintaining a home inventory is not easy, but it is far easier than creating one from scratch after a fire or significant loss. The key to creating a home inventory is to create a plan that breaks the process into manageable chunks and then execute the plan step by step. If you need home insurance that suits your needs, contact the Worthington Carroll Agency, serving Port Jervis, NY.

Creating Your Home Inventory

A home inventory following a significant loss allows for a faster, more accurate insurance settlement. You have detailed documentation of the lost items, eliminating guesswork and the impact of poor memory, allowing you to recover from the loss financially. You can create a home inventory using a spreadsheet or app in combination with photos, videos, and saved receipts. Whatever tools you use, you must store your inventory or back it up at a location other than your home.

Here are some critical steps for creating and managing your inventory.

Create a plan. Many people organize their inventory by room to facilitate video recording of their possessions. Organize your images, receipts, and appraisals using the same method.
Big-ticket items. Document big-ticket items first, including serial numbers, and less valuable items in groups, such as "5 pairs of shoes."
Regular updates. Inventory significant new purchases immediately and update your video and documents annually. Some people update it several rooms per quarter.

The Worthington Carroll Agency Difference

Creating a home inventory takes work and discipline, but it will be tremendously valuable if you suffer a loss. Our team at the Worthington Carroll Agency, serving Port Jervis, NY, will work with you to structure a home insurance plan that fits your situation. Call us at (845) 856-5125 or stop by today.

How Umbrella Insurance in Milford Can Save You From Unexpected Legal Expenses

Posted on October 28, 2024October 25, 2024 by admin

The unpredictable weather patterns affecting most of the country have local residents reviewing their home and auto insurance policy coverage. They want to ensure their homes, autos, and businesses are protected.

In the guide below, RH Worthington Group in Milford, PA, discusses how supplementing your existing insurance policy with umbrella insurance can help protect you from unexpected legal expenses.

What is Umbrella Insurance?

Umbrella insurance is a special add-on insurance that extends the coverage limits of existing auto, home, and other insurance policies. This additional insurance helps policyholders bridge the gap between high out-of-pocket expenses, including property damage claims, legal fees, and medical claims resulting from an accident or injury.

Why You Need Umbrella Insurance if You Own a Home or a Business in Milford, PA

For Milford homeowners, umbrella insurance policies that pick up where other policies end can mean the difference between financial peace of mind and financial devastation without the right coverage.

Local business owners face potentially even higher risks than homeowners when customer lawsuits, workman’s compensation claims from employees, or emergency shutdowns deplete their entire bottom line. An umbrella insurance policy can shield Milford’s home and business owners from various costly and unexpected perils.

Protect Your Home, Family, and Business with Umbrella Insurance

In a world where legal expenses can spiral out of control and cause financial devastation for local home and business owners, it’s comforting to know that you can provide yourself with peace of mind by investing in a well-structured add-on insurance policy that provides a comprehensive coverage solution.

Contact RH Worthington Group to learn more about your options for umbrella insurance coverage and get a quote today!

How Do Loan Companies Decide Who Must Buy Flood Insurance For Their Home?

Posted on September 30, 2024September 30, 2024 by admin

Are you planning to purchase a new home and wondering if you need flood insurance? This decision involves more than just personal preference. At Worthington Carroll Agency in Port Jervis, NY, we understand the complexities of these requirements, so let’s break down the factors that loan companies consider when determining the need for flood insurance.

Demystifying Flood Zones

The location of your home plays a pivotal role in determining the necessity for flood insurance. The Federal Emergency Management Agency (FEMA) classifies areas based on flood risk levels in its flood zone maps. In high-risk flood areas known as Special Flood Hazard Areas (SFHAs), lenders usually require you to purchase flood insurance as a condition of the loan.

Recognizing the Influence of Loan Types

The type of loan you apply for may also impact the requirement for flood insurance. Government-backed loans, such as those from the Federal Housing Administration or Veterans Affairs, often have strict requirements for flood insurance. Even if your property is in a moderate-to-low-risk area, you may still be required to have coverage to protect your investment.

Assessing Property History

Lenders might also consider the property’s history, specifically related to previous incidents of flooding. If a property has experienced flooding in the past, lenders may still require flood insurance, even if the current flood zone designation does not expressly mandate it. This precaution ensures protection for both the homeowner and the lender against potential future losses.

Safekeeping Your Investment

Understanding these factors can help you navigate the requirements for flood insurance more effectively. Knowing that your investment is safeguarded against unpredictable natural events offers peace of mind. For further guidance on flood insurance or to discuss your coverage needs, contact Worthington Carroll Agency, serving the greater region of Port Jervis, NY. We help you make informed decisions.

Common Types of Commercial Insurance

Posted on August 30, 2024August 28, 2024 by admin

When you entrust your Port Jervis, NY business to the Worthington Carroll Agency for insurance, you receive a custom commercial policy tailored to your business needs. Wondering how we can create this custom policy for you? Our insurance agents take the time to get to know you and your business through conversational interviews to recommend the best coverage for your enterprise.

Liability Concerns

We start by asking about your business’s location, particularly the building where it is based. Each policy starts with liability coverage that handles the medical bills of a visitor injured at your premises. It covers mishaps such as slip-and-fall incidents, minor accidents in your parking lot, and more. Some businesses, like law and medical practices, need to carry malpractice insurance. Moreover, any business owner with employees must secure workers’ compensation insurance to comply with state and federal laws.

Structural Protections and Inventory

We add other coverage to this foundational policy depending on your business type. For instance, if you own the building, we recommend getting property insurance to safeguard the structure, as well as coverage for your inventory and business equipment. If your commercial building features plate glass or mirrors—common in dance studios—we suggest glass insurance. Buildings with boilers or other mechanical furnaces need coverage from a boiler policy.

Commercial Auto for All

We want to inquire about your weekly schedules and deliveries as well. If your clients primarily visit your business location and you don’t make deliveries, commercial auto insurance may not be necessary. However, if your job involves driving your vehicle for meetings at various regional business locations or delivering goods, you need commercial auto coverage. Short- and long-haul trucking businesses require a specialized set of commercial auto coverage known as trucking insurance.

Contact Us Today

Call or email Worthington Carroll Agency today and let us craft the commercial insurance policy that best protects your Port Jervis, NY business. Let us help safeguard your business’s bottom line.

The Benefits of Pay-Per-Mile Car Insurance

Posted on July 30, 2024July 30, 2024 by admin

Do you ever feel like you’re paying too much for car insurance? We get it. At Worthington Carroll Agency in Port Jervis, NY, we offer an innovative concept called pay-per-mile car insurance. This approach gives drivers more control over their insurance costs and could be your perfect solution.

What is Pay-Per-Mile Car Insurance?

As the name suggests, pay-per-mile car insurance is a policy where your premium is based on the number of miles you drive. Your monthly bill includes a low base rate plus a cost per mile driven, ensuring you only pay for what you use. This makes it an excellent choice for those who don’t commute daily or only drive short distances.

Why Consider Pay-Per-Mile Insurance?

One of the main advantages of pay-per-mile insurance is the potential for savings. Traditional car insurance often assumes a certain level of regular driving, and if you don’t drive daily or take public transport frequently, you might be overpaying. Low-mileage drivers can enjoy lower premiums with pay-per-mile insurance since costs align more closely with actual usage.

Additional Benefits

Pay-per-mile insurance promotes safer driving habits as drivers become more conscious of how every mile affects their premiums. This can lead to fewer road accidents and less wear and tear on your vehicle. Additionally, this type of insurance typically employs user-friendly tracking technology, providing insights into your driving patterns and enabling you to make informed decisions about your travel.

Ready to see how much you could save with pay-per-mile car insurance? Reach out to Worthington Carroll Agency in Port Jervis, NY, today for more information and a personalized quote. Let’s find the perfect insurance solution to match your driving habits.

The Benefit of Additional Living Expense Coverage in Home Insurance

Posted on June 29, 2024July 2, 2024 by admin

At Worthington Carroll Agency in Port Jervis, NY, we understand the benefits of additional living expense coverage on your homeowner’s insurance policy and believe you should know them, too.

Additional living expense (ALE) coverage, a unique feature of our homeowner’s insurance policy, is designed to cover the cost of being displaced after a covered loss. This benefit is particularly valuable in situations such as a fire or natural disaster, where you may incur excess living costs. ALE may also provide additional coverage if your home is uninhabitable due to loss of utilities, such as heat during the winter. Typical coverage includes hotel expenses for a month while displaced but not regular monthly expenses like utility bills or mortgage payments.

Our ALE coverage is designed to be flexible, paying out up to 30% of your dwelling coverage. However, if you feel this amount wouldn’t be adequate in the event of a covered loss, you have the option to purchase additional ALE coverage. This flexibility ensures you can tailor your coverage to your needs and circumstances.

Things covered by ALE include:

Laundry costs
Food costs exceeding what you usually pay.
Hotel stays.
Temporary rental housing
Storage Fees
Pet Boarding
Excess travel expenses / additional fuel costs
Moving cost

Things not covered by ALE coverage:

Childcare
Mortgage
Insurance premiums
Utilities
Anything you routinely pay for.

It’s important to note that additional living expense coverages vary depending on your insurance carrier. ALE policies have a set payout limit and a set amount of time for which they will pay for your added cost. So, it is essential to read your homeowners policy or check with your insurance agent to know what is covered and for how long when suffering loss.

Bring us your questions or concerns.

We at Worthington Carroll Agency in Port Jervis, NY, value your questions and concerns. Call us today at (845) 856-5125 to discuss the benefits of additional living expense coverage and give you peace of mind that you and your family can be protected as you recover from an unfortunate loss.

3 Times When Umbrella Insurance Makes Sense

Posted on May 31, 2024June 6, 2024 by admin

Umbrella insurance is an extra layer of liability protection that goes beyond the limits of standard insurance policies, such as auto, home, or renters insurance. It provides an additional safety net against expensive liability lawsuits. While not every Port Jervis, NY resident needs this coverage, we at Worthington Carroll Agency recommend it in many situations. Here are a few times when it could make sense to get it.

1. You Are a Homeowner

Homeowners in Port Jervis, NY can benefit significantly from umbrella insurance. This coverage kicks in if a claim exceeds the limits of your homeowners’ insurance, such as in cases of major accidents or injuries occurring on your property.

2. You Have Significant Savings or Assets

For those with substantial personal assets or savings, umbrella insurance can provide additional protection for your assets. Being wealthy could make you the target of liability lawsuits. Umbrella insurance may help you pay for those lawsuits if they exceed a standard policy’s limit, so you’re less likely to need to use your own assets or savings.

3. You Are at Risk for Liability in Your Personal Activities

Whether it’s coaching little league, volunteering, or other activities, umbrella insurance is crucial if your actions could increase your liability risk. In all of these activities, you might be personally liable if something happens and you’re involved.

In these situations, umbrella insurance might offer protection even if your homeowner’s liability coverage doesn’t apply.

Evaluate Your Need for Umbrella Insurance

There are many factors to consider when evaluating whether you should carry umbrella insurance. Contact Worthington Carroll Agency for help weighing the different factors and finding a policy should you need one.

Flood Insurance for Other Properties, Not Just Homes

Posted on April 30, 2024May 3, 2024 by admin

FEMA reveals that $25,000 of damage can occur from only one inch of floodwater. Most policies don’t cover it, though. What options do you have?

Research your options carefully when seeking flood insurance in Port Jarvis, NY. Worthington Carroll Agency understands the needs of people living in this region. We also help people secure financial protection if they experience commercial or rental property damage.

The Types of Properties Flood Insurance Covers

The types of properties that flood insurance covers depend on your chosen policy. For instance, you can purchase home, business, or recreational vehicle coverage.

Consider this, too: If you want to protect yourself from financial ruin if an automobile becomes flooded, consider that, too. Every property you insure usually requires a separate policy.

If Renting, Not Owning

Flood insurance is also available for people renting. However, don’t confuse flood insurance with renter’s insurance. They are not the same. Your renter’s insurance only covers your personal property, not the structure of the place you live.

(Covering flood damage to property you don’t own is usually not your responsibility anyway.)

What Flood Insurance Pays For

One way to seek coverage is to request National Flood Insurance Program (NFIP) assistance. This will help you find information based on various factors, including flood frequency, storm surges, coastal erosion, and heavy rains.

Typically, policies either cover the contents, the structure, or both. For instance, they may pay for cracked foundations, fried electrical wiring, or mold removal. However, there’s no guarantee unless you receive a proper assessment based on your policy needs.

The NFIP coverage may provide you with enough peace of mind. If so, you can stop there. However, if you need more financial protection than this FEMA service can provide, please talk to Worthington Carroll Agency.

Commercial Insurance’s Support for Youth Development Programs

Posted on March 29, 2024March 28, 2024 by admin

In the Port Jervis, NY area, commercial insurance plays a key role in supporting and reinforcing youth development initiatives by providing crucial coverage and risk management solutions tailored to youth-serving organizations. From ensuring liability protection during program activities to safeguarding vital assets like facilities and equipment, commercial insurance enables these programs to operate safely and sustainably, engendering positive growth among participants.

Broad Liability Protection

Youth programs encompass a variety of activities, each with inherent risks. Commercial insurance offers expansive liability coverage, including legal expenses and damages incurred through accidents or injuries during program activities. This ensures financial security for organizers, volunteers, and participants, thus encouraging continued engagement.

Asset Safeguarding

The protection of program facilities and equipment is crucial for smooth operations. Commercial insurance protects property against damage, theft, or loss, ensuring continuity and a safe environment for young participants.

Facilitating Access and Inclusivity

Commercial insurance aids in mitigating financial barriers, enabling youth from diverse backgrounds to participate. Through liability coverage and risk management, insurance companies can facilitate affordable fees, scholarships, and specialized programs for underserved communities, thus promoting inclusivity and equal opportunities.

Supporting Program Sustainability

Sustainability is vital for any program’s long-term success. Commercial insurance provides stability and protection against unforeseen risks, such as accidents or legal disputes, ensuring that programs can navigate challenges without experiencing financial strain.

At Worthington Carroll Agency, we are ready to answer any questions you may have about commercial insurance in the Port Jervis, NY area. Give us a call today.

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