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Ten Eyck Group Blog Page 2

View the latest blog posts from Ten Eyck Group.

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Tuesday, May 14, 2024

The Value of An Independent Insurance Agent

In a world dominated by online marketplaces and automated services, the personal touch of an Independent Insurance Agent stands as a beacon of reassurance and reliability. In 2024, amidst a landscape of rapidly evolving risks and uncertainties, the value of working with an Agent has never been more pronounced. READ MORE >>

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Thursday, April 4, 2024

What is Hired and Non-Owned Auto Liability

In the dynamic landscape of business, many companies utilize transportation methods without necessarily owning any vehicles.  In such instances, the often overlooked, but important, hired and non-owned auto liability insurance cannot be overstated. READ MORE >>

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Thursday, March 21, 2024

The Role of Insurance in Home Sharing

Home sharing platforms have changed the way people travel and experience destinations. However, with the benefits of hosting strangers in your home come inherent risks that every homeowner should be aware of. Understanding these risks and having the right insurance coverage in place is essential for a worry-free home-sharing experience. READ MORE >>

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Thursday, February 1, 2024

What is Insurance Underwriting?

When it comes to insurance, the major concerns for most purchasers are coverage and price. Insurance companies need to offer the most comprehensive coverage at the best pricing in order to win new clients. But how do the insurance companies determine what kind of coverage to offer and at what price? READ MORE >>

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Tuesday, January 9, 2024

Navigating a Hard Insurance Market: The Value of an Independent Agent

The insurance industry operates in cycles, alternating between soft markets and hard markets. In a hard market, insurance premiums rise, capacity tightens, and underwriting standards become more stringent. This challenging environment can be attributed to various factors such as increased claims, low interest rates, and a higher frequency of catastrophic events. READ MORE >>

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Thursday, January 4, 2024

3 Ways to Save on Homeowners Insurance

Many people think the best way to save on homeowners insurance is to reduce their coverage, but that could put you in a very bad spot if a covered event occurs. Over two-thirds of American homes are underinsured because of this. Instead of sacrificing valuable coverage, try the following 3 tips for saving on your current coverage:  READ MORE >>

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Friday, November 3, 2023

Be Proactive Against Water Damage

Did you know that non-weather-related water damage is one of the most common Homeowner claims and many culprits can be to blame, including:  - Broken pipes  - Clogged drains - Malfunctioning toilets  - Failing water heaters  - Older washing machines  READ MORE >>

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Tuesday, October 31, 2023

Does Your Business Need Cyber Liability Insurance?

You hear about large companies — like Target, Home Depot and Sony — getting hacked, leading to hundreds of thousands of dollars (or even more!) in damages. But these news stories overshadow cases of cybercrime when it comes to smaller businesses. In fact, small businesses face a greater risk of being hacked. READ MORE >>

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Monday, September 18, 2023

Supplemental Spousal Liability Insurance and Your Auto Insurance Policy

What is supplemental spousal liability insurance? New York law requires every automobile insurance policy sold in the state to provide liability coverage. This coverage insures you if another person accuses you of injuring them or damaging their property. READ MORE >>

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Wednesday, July 26, 2023

3 Types of Surety Bonds

Plumbers, electricians, and other contractors are trusted to perform a job according to an agreed-upon contract and with a certain level of professionalism. Purchasing the necessary surety bonds proves to potential customers that you take responsibility for your work and that you strive to perform a job according to customer expectations. READ MORE >>

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