With the price of gold trading as high as $1,383 an ounce last week, it is highly recommended that jewelry owners determine if they have adequate insurance coverage for their jewelry. Compare the increasing value of your jewelry inventory with the coverage limits of your existing homeowners policy. It may now be necessary to purchase additional protection through an endorsement to your policy. Contact Abbott Insurance Agency to get NJ jewelry insurance quotes.
Updating Your NJ Jewelry Insurance for Current Gold Prices
October 18th, 2010Do You Live in a High Hazard Flood Area?
October 13th, 2010Since damage caused by floods is not covered by homeowners insurance policies, separate flood insurance is a necessity for those living in areas prone to flooding. Years ago, private insurers were unable to offer such policies because they were too costly. Since Congress established the National Flood Insurance Program (NFIP) in 1968, residents of communities that participate in the program are able to purchase flood insurance. Read the rest of this entry »
Why You Should Consult an Insurance Agent Before Buying a Car
October 4th, 2010Due to the current economic climate, increasing numbers of New Jersey consumers are analyzing ways to cut down on their expenses. It is important for them to turn to a New Jersey car insurance agent for advice on getting the best car insurance deal. In fact, it is prudent to contact an agent before, rather than after, buying a new vehicle. Read the rest of this entry »
NJ Texting-While-Driving Laws Become Strictest In Country
September 21st, 2010The New Jersey Senate Law and Public Safety Committee approved a bill on September 13, 2010 which would make New Jersey’s texting-while-driving law the strictest in the country. The bill must now go to the full Senate for consideration. Senators Richard Codey and John Girgenti advanced the legislation because they felt that too many NJ drivers were still violating the State’s hands-free cell phone law and that stiffer penalties were necessary. Read the rest of this entry »
Recent Hurricane Activity Reminds Us To Be Prepared
September 13th, 2010Television news programs often remind viewers to protect themselves in the event of a hurricane by planning an escape route, having adequate supplies of food, drinking water and medicines and having access to flashlights and fully charged cellphones. The New Jersey Department of Banking and Insurance website recommends several ways to protect personal property as well. They suggest storing an inventory list (including receipts and photographs) of personal property in a safe place off the premises. This way it will be easier to file an NJ homeowner’s insurance claim if there is damage to the home. Also, it is important to keep your insurance policy number and your agent’s phone number handy since property damage should be reported immediately.
