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.

When Should I Get Condo Insurance?

Buying a condo is an excellent way for anyone to enter the real estate market or to downsize into a property that does not have as much maintenance responsibilities. When you are looking to purchase a condo, you need to make sure that you consider all of your insurance options and necessities. For those that are looking to purchase a condo, getting the right kind of insurance in place is extremely important.

As Soon as You Buy a Condo

When you purchase a condo, you should have your condo insurance in place as soon as you purchase your new home. Condo insurance provides you with very valuable insurance coverage. The typical policy will provide you with coverage for liability, property coverage, and other types of damage. If you do not have coverage in place the day that you buy the condo, you could incur a financial loss if an event takes place that would typically require you to make a claim.

Mortgage and Association Requirements

While it is vital to have condo insurance in place as soon as you buy the property, you should also make sure you assess all of your needs and requirements. When you purchase a condo, there will likely be base insurance requirements set forth by your mortgage lender and your association. Making sure you stay compliant with both of these is essential.

If you are looking to buy a condo, you should contact the Marino Agency Inc. This company will be able to help people in the Mt. Ephraim, NJ area better assess their condo insurance needs. When you meet with Marino Agency Inc., you can ask any question you want and will be assured that you will get into a condo policy that works for your personal insurance situation in Mt. Ephraim, NJ.

What Does Boat Insurance Cover?

At the Marino Agency Inc. in Mt. Ephraim, NJ, we know that no matter how much you enjoy boating, it’s always a much better experience if you have the peace of mind of knowing your property and your passengers are protected whether you are on the water, or docked.

Our independent agents can help you protect both your boat and your family with the right insurance policy for your watercraft.

What Does Boat Insurance Cover?

While the state of New Jersey doesn’t require recreational boaters to purchase boat insurance, it’s good to know you’re covered in the event of an emergency. Watercraft insurance can help protect you in the event you are involved in an accident while boating. This type of insurance can help with repair costs, help you avoid personal liability for the safety of others, and even help cover the costs of items inside the boat that become damaged.

Different Types of Watercraft Policies

  • Liability: You can choose to add liability coverage to help cover any repairs to your boat or injuries to others if you are found at fault in a boating accident.
  • Medical: If you add medical coverage, both you and your passengers will be covered for any medical treatments associated with a boating accident.
  • Physical damage: Physical damage coverage is a policy which will help pay for any repairs to your boat suffered in the event of an accident, theft, or other covered incidents. These incidents will be outlined in the policy.
  • Uninsured or underinsured: Much like uninsured or underinsured motorist coverage, this type of coverage will protect you in the event you have an accident with a boater who is not covered—or does not have enough coverage.
  • Fuel cleanup and wreckage removal: Cleanup and removal policies help you with any costs associated with a cleanup after a covered boating incident. Again, the policy will outline these covered incidents.
  • Towing and emergency assistance: Again, much like your auto policy, towing, and emergency assistance coverage will help you if you get stranded.
  • Unattached equipment: With unattached equipment coverage, items like water skis, anchors, and more will be covered if damaged or stolen.
  • Personal effects: You can also choose to add a policy which will cover any personal items you have on the boat, in the event they are damaged or stolen.

With the right policy, you can cruise easy out on the water! If you’re interested in boat insurance in New Jersey, contact us at Marino Agency Inc. in Mt. Ephraim, NJ today!

Do You Need to Re-Evaluate Your Life Insurance Annually?

Life is consistently changing in the Mt. Ephraim, NJ area, and so does your life insurance needs. Like any investment, you want to give your life insurance some attention once a year to ensure it fits your current needs and to make certain your premium is at the lowest cost. 

Here are a few items to evaluate:

  • Your job status – changes like a promotion or demotion, a pay raise or pay cut can make a difference in the amount of life insurance you need. If your income has changed, then your life insurance may need to change. If your retirement date has shifted, then you also may want to change the policy term.
  • If your home mortgage has been a factor in your life insurance, then any changes to your mortgage need to be assessed. Maybe you’ve paid off your home, or perhaps you have a new vacation home. These items should factor into your life insurance.
  • Changes to your health need to be reported. If you’ve lost weight, reduced your cholesterol, or stopped smoking, these are all things you want to communicate. If you’ve had a chronic illness that has stabilized or you’ve been diagnosed with an illness, it’s time to re-evaluate your policy.
  • When you review your life insurance for the year and report any changes, it’s also a great time to explore life insurance policies for the best possible rate. Competition can lead to similar coverage at a lower rate.

Contact Marino Agency Inc.

The Marino Agency Inc. has been providing life insurance in the Mt. Ephraim, NJ area for over thirty years. Contact an experienced Marino Agency Inc. agent today to have your life insurance needs evaluated or to look into a new policy to protect your family.

Top 5 Mistakes to Avoid when Filing a Commercial Insurance Claim

Many business owners make costly mistakes when filing commercial insurance claims. Such mistakes may seem minor but can have serious consequences like delayed settlements or even denial. Here are the top five mistakes to avoid when making a business insurance claim in Mt. Ephraim, NJ:

Failing to Notify Your Insurance Provider Immediately

Immediately after an accident or a covered loss occurs at your business, the first step should be to notify your insurer. This is important for two apparent reasons. First, the insurance adjusters find it easy to assess and adjust the claims since the evidence is still fresh. Often, physical evidence and witness memories fade over time. Secondly, most commercial insurance policies have a condition of timely notice whenever an insured loss occurs, failure to which the claim may be denied.

Poor Documentation

Inconsistent record keeping can delay the processing of your claim. Always record the time, date, and statements of any witnesses or verbal conversations. Keep all the relevant documents in a single file for ease of access. Any emailed documents should also be printed out and filed. When you have verbal conversations with an insurance representative, be sure to send a summary of the conversation on email for recordkeeping purposes. Additionally, you can take as many pictures of the accident scene as possible as a proof of the severity of the loss.

Failing to Retain the Damaged Property

If a fire or other perils damaged property at your business premises, you might be tempted to discard it. Don’t do that. Instead, leave the property in its rusty status until an insurance adjuster has inspected it. However, if the item is insured under the commercial property damage, you’re obligated to protect it from further damage. For instance, if it’s a roof that is damaged by a windstorm, you can protect the building from further water damage by covering the blown part with some tarp or a similar material.

Failing to Notify the Police

Some commercial insurance policies require you to notify the police whenever a covered peril strikes, otherwise you’ll violate the terms of the policy. Read through your policy document to familiarize yourself with all the requirements. Vandalism is generally prohibited by law in New Jersey and every other state. So, most insurers will not take it lightly when you file a claim without first calling the police.

Paying Third-Party Claims from your Pocket

Some business owners are sometimes tempted to compensate third parties who incur minor injuries within their premises out of pocket. This can be a bad idea because of two reasons. First, injuries may seem minor at the time of the accident but can quickly escalate into major complications in the future. Secondly, many commercial insurance policies bar you from voluntarily making payments, incurring expenses, or assuming responsibility without the consent of your insurer. So, making payments to someone who may later file a claim or lawsuit against you will mean that your claim will be denied on the grounds of violation of insurance terms.

Avoid these five mistakes to quicken your insurance claim process. Remember that Marino Agency Inc. and every other insurer will go by the evidence provided on the ground. So, keep your documentation clear and begin the claim process as early as possible when the evidence is still fresh. Marino Agency Inc. provides affordable and effective commercial insurance policies in Mt. Ephraim, NJ and the surrounding areas. Contact us today for a quote.