What Is A Health Insurance Deductible?

As you shop for health insurance, it’s important to look at what the total cost of healthcare is going to be. While you may be focused on the monthly premium that you pay in Mt. Ephraim, NJ, there are other fees to look at, too. One of these is the deductible.

Most health insurance plans require you to pay a co-pay when you visit the doctor. This is the fee that you are responsible for. Then, the rest is paid for by your health insurance. At Marino Agency Inc., our goal is to help you to understand these fees better.

The deductible is what you are responsible for above and beyond the co-pay, especially for major surgeries, visits to specialists, and more. You may have to reach an out-of-pocket deductible for you individually or for your family as a whole before the insurance company will pay for everything. Depending on the plan, this could be several thousand dollars.

The average family doesn’t reach their deductible, which means they pay out money throughout the year with little to no hope that insurance will pay for everything. However, that doesn’t mean that you’re paying full-price, either. 

It can be overwhelming to find the health insurance policy that is right for you because many people fail to look at the deductible. They use the monthly premiums and their co-pays as a guide to see what they can afford. You need to weigh in the deductible, too, so that you don’t get stuck paying out too much in the event that something major happens, like someone breaking their arm or leg.

When you’re shopping for health insurance, find out what all of the expenses are going to be. Call us at Marino Agency Inc. to get help with finding health insurance that fits your budget in Mt. Ephraim, NJ.


The right boat insurance policy will protect your craft on and off the water

Residents in the greater Mt. Ephraim, NJ area love nothing more than getting out on their boats during our nice summer months. Now is the perfect time of year to conduct maintenance on your vessel, including a full review of your boat policy. The team at the Marino Agency Inc. is here to help you with all of your boating insurance needs. Make sure that you are protected, both on and off the water, with a comprehensive boat policy.

Protect your boat all year round

Your craft requires insurance coverage all year round, even if you only use it during the summer months. A comprehensive boat policy can protect your property when it is in storage, on the water, or on your trailer en route to the marina. In addition to collision coverage, a comprehensive boat policy will protect your craft from theft or damage even if it is not in use. Owning a boat can provide a lot of enjoyment for you and your family, but it is also a major investment. If you only have a basic policy, you can be leaving yourself open to liability in the event of an accident or mishap. Make this summer on the water even more enjoyable with the protection that a comprehensive boat policy provides.

Whether you are a long-time boat owner or are looking to purchase your first vessel in the near future, the team at Marino Agency Inc. can help you find the right policy to meet your needs. Protect yourself and your boat, both on and off the water, with a comprehensive boat policy. If you are in the greater Mt. Ephraim, NJ area call or stop by our office today to learn more!

3 Things to Know about Boat Insurance

The only option for providing coverage for boats and watercrafts, purchasing boat insurance is an important step in the process of purchasing and maintaining boats of all kinds. Before you purchase coverage for your boat or watercraft, the following is a short overview of 3 things you should know about boat insurance.

Size Matters

First of all, if you own a smaller boat, you may believe that home insurance covers boats of all kinds. However, unlike tugboats, and kayaks, larger boats require their own insurance policy. Keep this in mind before you purchase a boat.

Location and Experience

Furthermore, depending on what type of experience you have and where you will be boating, your insurance premiums could be more or less costly. For those who have certifiable experience, the cost will obviously be a tad less.

Ice and Freezing

Lastly, if you own a boat in a colder climate (as we know, New Jersey is no sunshine-filled paradise), you have the option to get coverage for ice and freezing. Given that the elements can cause major damage to your boat, purchasing additional ice and freezing coverage is ideal in these instances.

Overall, there are plenty of things you should know about boating insurance. However, the important thing to know is that coverage is required in order to keep your boat and/or watercraft protected at all kinds. For residents of Mt. Ephraim, NJ , Marino Agency Inc. is an excellent option for purchasing boat coverage. Simply contact them today to find out how you can start your policy ASAP and hopefully save some money as well. Call your friends at Marino Agnecy Inc. today.

The Benefits of Buying Life Insurance When You Are Young

There are many reasons why you should consider purchasing life insurance. Life insurance provides those you leave behind with money to continue to live the life they are used to with your income once you have passed, and helps to cover your final expenses. Many young people put off buying life insurance. But here at Marino Agency Inc. serving the greater Mt. Ephraim, NJ area, we would like to tell you why it can be beneficial to buy life insurance when you are young. 

The Cost

One of the major benefits associated with purchasing life insurance when you are young is the cost. It is generally much cheaper to purchase life insurance when you are young and healthy, compared to when you are older. Depending on the type of life insurance policy you purchase, you can lock in a price for several years in advance or for the course of your lifespan. 

Pre-Existing Conditions

The other benefit to purchasing life insurance when you are younger is you likely have fewer pre-existing conditions. As you age, you begin to develop conditions that can affect your ability to get a life insurance policy or can dramatically affect the cost. Once you develop a condition, it can be hard to get a policy, or an affordable one. Buying when you are young and healthy gives you the opportunity to buy a policy that may cover you decades into the future or throughout the duration of your life. 

Do you need to purchase life insurance in the greater Mt. Ephraim, NJ area? Then let Marino Agency Inc. help you. Contact us today and let us help find you the right policy for your needs. 

What Is Not Included In Commercial Insurance?

When Mt. Ephraim, NJ residents purchase a catch-all policy, they are not always aware of what is included and what is not included. Those who work with Marino Agency Inc. and are looking to obtain a new policy would do well to find out more about the coverage that they are receiving. 

What Is Covered By A Commercial Insurance Policy?

Businesses often purchase commercial insurance as a means of protecting themselves from various legal issues. When commercial insurance policies are purchased, they allow businesses to protect themselves from slip and fall claims and third party property damage. 

Obviously, these policies are a bit more involved and cover more than mere slips and falls. In order to truly understand these policies, it is more important to know what will NOT be covered.

What Is Not Included?

These insurance policies are not going to serve as a catch-all for any issues that may come your way. There are numerous accidents and incidents that will not be covered. If the business is proven to be negligent or they are believed to be behaving in a certain manner on purpose, commercial insurance policies are not applicable.

A business owner must also purchase a separate insurance policy to protect their property or the building that they are using. Those who make the assumption that their property is covered by a typical commercial insurance policy will be left holding the bag for any damages that take place to these structures over the course of their ownership. 

Mt. Ephraim, NJ residents who wish to learn more about the ins and outs of their commercial insurance policy are urged to contact Marino Agency Inc. as soon as possible, so that they can further educate themselves. It has never been easier to select the right commercial insurance policy for your needs. 

Do RV Rentals Have Built-In Insurance Usually?

Renting an RV is a convenient way to see the country without having to actually make such a large purchase. You can rent the vehicle for as long as necessary and reap all of the benefits of the open road and return it when you are finished. For many people, this is a common sense alternative to making a big ticket purchase. One common question many people ask is, Do. RVs have insurance already when you rent them?

RV Insurance

Most RVs will have full coverage insurance to protect the company renting out the RV, but if you want insurance to cover the contents of the RV, there is the option to purchase additional insurance. If you plan to bring items with a high value, or if you plan to be on the road for an extended time, then this is a good option to consider. Before heading out on the road, consult your insurance provider and they will help you select the right type and amount of coverage. 

Finding the Right Insurance

If you are planning to travel in an RV, then you should get assistance from a knowledgeable insurance professional who can help you select the insurance products you need to fit your circumstance. If you are in or around the Mt. Ephraim NJ area, you can count on Marino Agency Inc. to guide you through the insurance selection process before you set out for adventure on the open road. 

Getting the right type and amount of coverage can help protect you from financial loss while you are out on the road in your RV rental. Be prepared and visit Marino Agency Inc. serving the residents in and around the Mt. Ephraim, NJ area. 

What does a renters insurance cover?

Contrary to popular beliefs that insurance is only meant for homeowners, you can still ensure a rented home or apartment. Most tenants are naive about the importance of renters insurance, and this article seeks to clarify some of the important risks covered by this type of insurance. Renter’s insurance from Marino Agency Inc. is designed to protect the personal properties of tenants in case of a covered loss. It may cover liability, loss of personal items like electronics and furniture, and additional living expenses in case you’re forced to vacate your rented house for some time as the unit is being repaired or as you seek a new home.

If you’re renting an apartment in Mt. Ephraim, NJ, it’s important to protect yourself financially in case of unforeseen disasters. Sometimes, a visitor can come to your house and suffer a serious injury that is attributed to your fault or negligence. If such a visitor decides to press charges, the financial losses that you shall incur can be detrimental. Renters insurance will come in handy to cover medical expenses as well as legal defense expenses. Whether you’re renting an apartment, townhome, duplex, condo, studio, or a loft, you can contact Marino Agency Inc. in Mt. Ephraim, NJ for a flexible coverage.

Financial Protection

Typically, your landlord’s homeowner’s insurance or the home association’s coverage will only cover the physical structure of the property. So, if an accidental fire consumes your personal belongings or burglars break into your house and walk away with your valuables, your landlord’s insurance coverage will not cover the loss. It is, therefore, paramount to secure your financial position by purchasing renters insurance. For more information about renters insurance, give us a call today and one of our knowledgeable agents will be online to speak with you.





Do Motorcycles Really Need Liability?

You love your bike. You take it as often as you can. The roads of Mt. Ephraim, NJ, are your playground. Unfortunately, the fun of your bike comes with extra responsibilities — like insurance. You might wonder if the small, light bike you drive is really a liability threat. So, to address those concerns, Marino Agency Inc. is here to explain the necessities of liability coverage.

Requirements Vary By State

Vehicle insurance is governed by state law, so changing states changes the legal requirements. Drivers in Mt. Ephraim, NJ, will have minimum coverage requirements for bodily injury and personal property damage. These both fall under the umbrella term of “liability,” and unless you have adequate coverage, you can’t register your motorcycle. Curiously, there are a few states in the country that don’t have these requirements. But, while you can register your motorcycle in states like Florida and Washington without proof of insurance, they still have specific requirements for you to ride legally.

You Need it Regardless

The big thing to remember is that state laws don’t determine what kind of coverage is sensible. They only set minimums. The truth is that motorcycles are at a lower overall risk of harming others or damaging their property. Cars are bigger, heavier and less agile, and all of that makes them require more liability. That said, motorcycles are not fully exempt from risk. The type of motorcycle you own and how you drive it can seriously impact how much damage your bike can cause in a worst-case scenario. You know the old saying about riders and ditching their bikes. Imagine if your ditched bike could cause a wreck in the middle of traffic.

The best way to really determine how much liability you need is to talk with an expert. Your Marino Agency Inc. representative can help you see the true level of risk to you and your bike and help you see reasonable options that leave you protected.


The Importance of Your Annual Health Exam

Does an ounce of prevention equal a pound of cure?

The Marino Agency Inc., serving Mt. Ephraim, NJ, would like to say that it is here for all your healthcare needs. As the CDC states, submitting to an annual physical can help you and your primary care physician catch problems when they are small and can be more easily treated.

If you are young and seem to be in good shape, you may not think you need an annual physical. This attitude is understandable. People are busy and a yearly exam can take the better part of a day. However, quite a few diseases can start unobtrusively, without presenting any symptoms. Cancer is one prominent example. Health care professionals divide cancer by stages, stage one being the least severe and most easily treatable, and stages three or four being the most serious and often most fatal.

Another example of a disease that can be caught early is cardiovascular disease. Most people think that the first sign of something wrong with their heart consists of pain in the chest or being chronically out of breath. In fact, your heart can start having problems long before physical symptoms manifest.

High blood pressure is often present without any symptoms whatsoever. The first indication that your blood pressure is a little high can be a heart attack or stroke that it causes. So, by all means, go to your doctor and have the exam. People who have regular checkups tend to have longer, healthier lives which are altogether a good thing.

For any further questions you have about health insurance, feel free to contact the Marino Agency Inc. serving Mt. Ephraim, NJ.

3 Questions You Need to Answer Before Purchasing Flood Insurance

If you live in Mt. Ephraim, NJ, you can get quotes for flood insurance from Marino Agency Inc. to protect your assets from damage by floods. Our agents will help you analyze the risks and determine the amount of flood insurance you need. It is wise to purchase flood insurance even if you do not live in high-risk areas.

Do You Need Flood Insurance

Why Do I Need Flood Insurance?

You need to understand the importance of flood insurance before you purchase it. That way, you will appreciate its importance. According to the federal government, a flood is the most common natural disaster. Flood insurance offers you protection from water damage and other damages that may be caused by floods. Floods can happen anywhere, and homeowners insurance does not offer protection for it. It is, therefore, a good idea to purchase flood insurance.

Doesn’t Federal Disaster Assistance Offer Compensation For Flood Damage?

The Federal Disaster Assistance can help pay for flood damage only if the event is declared a natural disaster. This does not happen very often. Almost all flood disasters are not declared natural disasters. This means that homeowners have to pay from their own pockets. If you have flood insurance, you will get compensation for the cost of your building structures and contents whether or not the event is a natural disaster.

Is Flood Insurance Necessary For Renters?

Even if you are renting a home, you may still need flood insurance to protect your personal property. It can help you pay for the costs of alternative accommodations if your rented property is being repaired.

Contact Marino Agency Inc. in Mt. Ephraim, NJ for your flood insurance quotes. Our agents are ready to answer your questions and help you get started on a policy.