Everything you need to know about condo insurance

Condos are a popular housing option for residents of Mt. Ephraim, NJ. Insuring a condo is similar to insuring a free-standing home. It offers a variety of coverages that are designed to give condo owners peace of mind. At Marino Agency Inc. we are independent agents which means we can offer our clients lots of options in both carriers and price. 

Condo insurance doesn’t have to cover quite as much of your home as home insurance does. Your condo association insurances the exterior of your building and the common areas. This means the exterior siding, windows, and roof are not your responsibility. You need to know exactly where the condo association policy ends and yours begins. Many policies are walls in so you need to worry about everything that is permanently inside your unit others include basic fixtures like bathrooms and original cabinets but not upgrades. 

Your personal property is covered on your condo insurance. You need to decide if you prefer actual cash value or replacement cost. With actual cash value, the depreciated value is what you receive. For example, if your fridge is 7 years old it will not have the same cash value as a new one. With replacement cost, you will get what you need to buy a new similar fridge. 

Condo insurance includes liability insurance which protects you in the event someone is injured while visiting your condo or by a member of your family. It pays for medical expenses, legal expenses in the event you are sued, and for the judgment up to the limit listed on your policy declaration. 

If your condo is damaged, loss of use coverage will help to keep a roof over your head.  

Contact the Marino Agency Inc. in Mt. Ephraim, NJ if you have any questions about condo insurance. or to get a free quote. 

Who needs boat insurance in New Jersey?

When you are in the Mt. Ephraim, NJ area, you are likely used to very warm summers that have long sunny days. While there are plenty of great things that you can do in this area on a day off in the summer, one of the best activities to enjoy would be to take a boat out onto a local waterway. Before buying a boat, it is very important that you consider your boat insurance needs. There are several situations when someone will need to get boat insurance here.

Those with Boat Loans Need Insurance

One situation when someone is going to need a boat insurance policy is when they need a loan to buy it. For those that own a boat and take out a boat loan, the lender will have boat insurance requirements that you need to meet. This coverage will help to protect the lender’s collateral and some banks may check to ensure that you retain coverage at all times.

Insurance Required by Many Marinas

When you want to use a marina in this area of New Jersey, there is a good chance that you will be required to carry boat insurance at all times. A boat insurance policy will include protection for your boat while also giving you liability protection. This ultimately ensures that you are able to pay for any damages that you could cause in an accident. Since it ultimately protects the marina and all other boat owners, having boat insurance is often required. 

Anyone with a boat in Mt. Ephraim, NJ should get boat insurance. The team at Marino Agency Inc. is a great resource when you are looking for a policy. If you call Marino Agency Inc. the team can provide the guidance and support needed to pick a policy that is right for you and your boat. 

Commercial Insurance Tips For New Business Owners

Commercial insurance is not a luxury – it is a necessary expense for all small businesses. Therefore, when you are starting your new business, one of the first things you should consider is getting business insurance that will protect you, as a business owner, your assets, and employees. If you have never dealt with commercial insurance before, here are a few useful tips from Marino Agency Inc. serving Mt. Ephraim, NJ for all new business owners:

Find out how much coverage you are legally obligated to get

The amount of coverage depends not only on the location of your business but also on the industry type. Do your own research into industry regulations yourself or contact an insurance agent for assistance. 

Understand the risks that you will need protection from

Each industry has its own challenges and risks. Knowing them is important before purchasing a certain policy. For example, if you decided to open a convenience store, then most likely you will need protection against property loss because stores are the most common targets for robberies and thefts. 

Find an Insurance Plan That Will Grow With Your Business

Circumstances change, so do your needs. If you are planning to extend your business in the future, open new locations, hire more employees, the insurance policy that you have already bought might not be enough anymore. Therefore, when choosing commercial insurance, make sure that it is flexible and lets you make changes as your business evolves. 

If you are opening a business in Mt. Ephraim, NJ and you are looking for a trustworthy insurance company that will help you find a proper insurance plan, Marino Agency Inc. is exactly what you need. Our top experts in insurance will do their best to get you coverage for protecting your company, yourself, and all your assets. Do not hesitate to give us a call to discuss all the options available. 

Why should I get renters insurance?

Those that are going to move into a new home in the Mt. Ephraim, NJ area may consider renting their property. While renters tend to have fewer obligations than property owners, they still have some insurance requirements. There are several reasons why you should get a renters insurance policy when you are going to move into your new home. 

Renters Insurance Offers Valuable Protections

The most important reason to get renters insurance before moving into your next rental home is that it will provide you with protection for your valuable assets and give you liability protection. If there is ever a fire, water damage or theft in your building, your renter’s insurance policy will cover all of your personal belongings. Further, if a guest is ever injured in your home or you are found liable for other types of damages, your renter’s insurance policy will give you protection.

Required by Property Owners

Another reason that you will want to get renters insurance is that it can be required by your property owner. Most landlords are aware of the benefits that renters insurance provides to their tenants, which also provides protection to those that own the building. Due to this protection, most savvy landlords will also have a renters insurance requirement in their lease. You often will need to provide evidence of insurance coverage before moving into your new home.

As you are looking for a new renters insurance policy in Mt. Ephraim, NJ, you should speak to the team at Marino Agency Inc. The insurance team at Marino Agency Inc. will be able to assess your situation and help you figure out whether renters insurance is right for your situation. They can then help you to build a policy that will ensure lease compliance and give valuable protection. 

New Jersey RV Insurance

Here in the Garden State, we like to enjoy our time off, and that enthusiasm is evident by the array of recreational vehicles plying the state’s roadways, rivers, and ATV trails from Trenton to Mt. Ephraim, NJ and all points between and beyond.  Making sure that you protect all of your toys is critical should an accident or incident occur while you are out on your annual vacation or weekend getaway.  Whether your leisure obsession involves boats, trailers, or motor homes, devising a policy that protects all of these is best accomplished by speaking with a licensed and knowledgeable insurance agent.  Here at Marino Agency Inc., we would like to talk to you regarding your New Jersey RV insurance options and write a policy that works for your entire family.

Enjoy the Great Outdoors with RV Insurance

As mentioned, recreational vehicles comprise a broad swath of equipment that varies with the interest of the person who owns the device.  From snowmobiles to ATVs to motor homes however, their use can be potentially dangerous, and getting RV insurance is a necessary safety precaution as much as learning where the brakes are on your new snowmobile.  A qualified and licensed insurance agent can cut through the white noise to let you know what you need for the ideal level of insurance protection, so you can enjoy the time out and about in New Jersey.  If your home base is Mt. Ephraim, NJ, we invite you to contact our caring team at Marino Agency Inc.

Contact Marino Agency Inc and Let’s Talk RV Insurance

Getting out and enjoying everything New Jersey has to offer is one of the reasons why we chose the Garden State as our place to live.  Protecting the toys we take out on the road insured and protected means that the road trip need not end should an accident occur, and here at Marino Agency Inc., our agents can assist in writing an RV insurance policy regardless of your recreational vehicle of choice might be when you decide to enjoy your leisure time.

Someone Knocked My Bike Over, Will My Motorcycle Insurance Cover It?

If someone knocks your bike over in Mt. Ephraim, NJ, and does some serious damage to it, insurance can help you to cover that, but it can get a little complicated depending on the circumstance.

If someone is decent enough to leave a note with their insurance information on it, or if you witness it and can talk it out with them, their auto insurance will handle the damages. It is unlikely that you’ll get much resistance from their insurer. It happens, of course. But insurance companies know that a lawsuit can be more expensive than replacing a broken mirror and kickstand, so most of them will play ball.

It gets a little complicated if they hit and run, and you don’t catch their license plate number, if they don’t carry car insurance, or if they weren’t in their car when it happened. In some instances, you may simply have no idea what happened. You’ll come outside and find your bike tipped over, and for all you know some stray dogs were fighting next to it, or some kids were playing on it and tipped it over.

But, in these instances, that’s what you have comprehensive and collision insurance for. It’s a good idea to carry uninsured driver insurance to make sure that you’re covered even if the person who ran into your bike is not.

As far as your insurer is concerned, a bike tipping over isn’t so different from damages to a parked car. If your car insurance will cover vandalism, your motorcycle insurance will cover some drunk guy leaning on your bike and knocking it over.

If you’re still shopping around for motorcycle insurance, get in touch with Marino Agency Inc. You can call or get in touch online at the Marino Agency Inc. website. We can help Mt. Ephraim, NJ motorcyclists to get the insurance they need to ride safely.

Should I Upgrade My Health Insurance in Mt. Ephraim?

Health insurance in Mt. Ephraim, NJ comes with a lot of terms, no matter how straightforward your policy. But when it comes time to request a prescription or pay a copay, do you really know what’s going to happen? Chances are, you might be surprised when you’re billed later on. Marino Agency Inc. understands that there are a lot of questions about the level of coverage, so we’ll look at whether or not you should consider upgrading. 

New Concerns 

There are some people who feel fit as a fiddle for many years on end. They never run into any serious injuries or illnesses, and they would just as soon skip their annual checkup. But just because you haven’t needed a doctor, doesn’t mean that it will always be that way. Even people with clean bills of help can be subjected to any number of emergencies or accidents. If you’re operating on a base plan, you may not have all the savings you need to account for a major deductible. 

Planning Ahead 

As you age, your body is less able to fend off illnesses and recover from injuries. There are plenty of ways to improve your strength of course, by eating well and exercising, but even the most stringent of diets and cardio routines may only do so much. If you want to plan ahead or just expand your preventative care, the right health insurance policy can help. 

Marino Agency Inc. is here to serve the people of Mt. Ephraim, NJ, and help them get the coverage they need. If you have questions or you’re looking for a quote, we’re here to go over the policies available to you and how they can either work for or against you. 

Do You Live In A Flood Zone?

Review your Flood Zone Yearly

If you live in a flood zone check with your city government at least twice a year to find out if your zone had any changes. Checking your zone helps you to keep up with your homeowner’s and flood insurance requirements. 

Do you reside in or the surrounding areas of Mt. Ephraim, NJ, including areas in Pennsylvania?

Do you need flood insurance on your home or business, or do you need to make changes to your current policy? 

Cities susceptible to flooding due to a history of flooding are called, "Flood Zones." Cities in these zones occasionally expand or change flood zones due to an increased or decreased history of flooding. If you have a mortgage on your home your lender requires you to have flood insurance if the house sits in a flood zone. 

The rule of thumb years ago was if you needed flood insurance the only place you could buy your flood policy was through FEMA. Now the insurance marketplace has alternatives. Contact one of our licensed insurance agents at Marino Agency, Inc, we serve Mt. Ephraim, NJ, and surrounding areas. Call or stop by for a free no-obligation insurance quote.  

Is Flood Insurance, an Urgent Need?

Your homeowner’s insurance may pay little to nothing if your home is damaged totally or in part due to flooding and you are at a higher risk of losing everything you worked so hard to obtain. It is your responsibility to seek flood insurance to protect your home and its contents. 

We, at Marino Agency, Inc serve Mt. Ephraim, NJ, and surrounding areas including parts of Pennsylvania. We are a family-owned and operated insurance agency since 1982! We work hard to meet and exceed your expectations. We urge you to see us at least yearly for a review of your coverages. Call us today or stop by for a free, no-obligation quote on flood insurance and any one of our many other insurance types.

3 things to keep in mind when buying condo insurance

It is quite clear that living in a condo is not the same as living in a home. There is no basement or backyard, and you do not need to worry about mowing the lawn or shoveling a front walk. When it comes to insurance, condo insurance significantly differs from home insurance. If this is your first buying condo insurance in Mt. Ephraim, NJ, you might get confused by the complex rules, and that’s why it is essential to ask the correct questions when buying insurance. However, Marino Agency Inc. has insurance experts that can help take you through the condo insurance journey.

1. How much condo insurance do you require?

Condo insurance is complicated because of various HOA regulations and policies. You must determine how much coverage is adequate to cover your personal belongings, furniture, floors, walls, ceilings, kitchen cabinets, and other fixtures. Note down the items in your condo unit including furniture, appliances, electronics, and clothing. Also, keep a record of that expensive artwork.

2. Condo insurance rates vary by state

The average condo insurance rates vary by state. You can search for the average insurance rates in New Jersey before you go shopping. You will need the information to guide you in your condo insurance purchase.

3. Enquire about loss assessment coverage

As a condo owner, you should research and ask about loss assessment coverage which helps pay for condo related damages. As a member of the condo association, you primarily own the most significant and most common areas. However, you can always pay as an individual condo owner, especially if claims go beyond the association’s policy or uncovered losses occur.

It is essential to keep in mind that just like home insurance, condo insurance does not cover floods. Therefore, if your condo is around a flood zone, you may need a separate flood insurance policy. If you are looking to buy condo insurance, Marino Agency Inc. can help you find coverage that best suits your needs. Be sure to pay us a visit to Mt. Ephraim, NJ today!

Make sure your boat is covered, both in and out of the water

Owning a boat is a great thrill, and allows you to spend quality time with your friends and family. But before you get your craft out and ready for the water, make sure that you have the comprehensive insurance coverage that you need. Boat owners in the greater Mt. Ephraim, NJ area count on the team at the Marino Agency Inc. to help them secure the right boat policy for their needs. Don’t discover too late that your policy lacks the coverage you need! We’re here to help you find the right protection that will safeguard your boat both in and out of the water.

Benefits of a Comprehensive Boat Insurance Policy

With a robust and complete boat insurance policy you can be protected both in and out of the water. There are policies available that include coverage while your boat is in the marina or in storage, that can protect you in the event that your vessel is damaged during a covered event. Liability insurance is another essential benefit of a comprehensive policy. This coverage option protects boat owners in the event that their craft is involved in an accident or another mishap that causes damage to property or bodily harm. When you have comprehensive coverage, you and your boat can also be covered when you are traveling to the water. Towing your boat can be rife with possibilities for accidents and damage. Make sure that you are protected!

Is it time for you to review and possibly upgrade your boat insurance policy? Give the team at the Marino Agency Inc. a call today. We can meet with you and review the options for comprehensive boat insurance that are available in the greater Mt. Ephraim, NJ area.