What does auto insurance cover?

Auto insurance offers a variety of different types of coverage. It is designed to protect others from you and at the same time give you the opportunity to protect your vehicle from a variety of risks. You have choices and making the correct one will make sure you have the protection that is right for you personally and your vehicle. At Genesee Valley Agency in Arkport, NY we believe the way our customers are treated represents our business. We believe our employees are our greatest asset. 

Some of the coverage auto insurance offers is mandated. Every state has their requirements. In New York the requirements are PIP (Personal injury protection), liability and uninsured motorists. If your vehicle is leased or has a car loan, you will need to have collision and comprehensive. 

PIP

No-fault- Personal injury protection is insurance that covers medical injuries, lost wages and other reasonable expenses from an accident caused by your vehicle. 

Liability

Protects other people and their property from injury you may inflict with your own vehicle or while driving someone else’s vehicle with their permission. 

Uninsured motorist

This protects you, your family and anyone else who might be in your vehicle when you are in a hit-and-run accident or in an accident with someone who does not have insurance. 

Collision

This coverage protects your vehicle in the event you are the driver who causes an accident. It will pay for repairs and replacement in the event your vehicle is totaled minus a deductible. 

Comprehensive

Comprehensive coverage also covers your vehicle. It protects you from events beyond your control like theft, vandalism, hail, wind, and large animals like deer that run into the road in front of your vehicle. Glass coverage is usually included. 

Contact Genesee Valley Agency in Arkport, NY for all your auto insurance needs. 

Commercial Insurance in New York: Why You Must Have It

When you have a business in New York, you have a lot of worries on your mind. Every day that you open your doors, you worry about any potential risk to your business, and you should. This is your income and service to others that you are responsible for.

At Genesee Valley Agency, we want every Arkport, NY business owner and operator to be protected financially from every liability and financial risk. You need New York commercial insurance to protect you from all the things you worry about when you open the doors every morning.

General Liability

Slip and falls in a place of business are a multi-billion dollar insurance problem in the United States. Every day there are Americans in emergency rooms having injuries treated that happened when they went out to run errands for the day.

If you own commercial vehicles, liability insurance is required. However, you are not required to have it by law in New York. Even so, it is critical insurance to have to protect you from slip and falls, or people that want to claim them.

Property Insurance

Property insurance for a commercial business is insurance that covers the building of the business, and the contents of the business. Property insurance will protect you from events such as weather, theft, or fire. There are policies for that name perils specifically, or all perils commercial insurance.

New York flood insurance is typically a separate insurance policy when you want your commercial property protected against the common act of floods.

Business Interruption Insurance

The uncertainty of the business world in America has never felt this high. Business interruption insurance can cover you when events interrupt your course of business and lead to loss of revenue. That could include events such as terrorist attacks, crime, pandemics, hacking, or any event that was not caused by you or God that resulted in business interruption.

Get a Quote

At Genesee Valley Agency, we want all Arkport, NY business owners to be covered for every commercial risk. In addition to these kinds of coverages, we can help you find professional liability insurance, commercial auto insurance, cybersecurity insurance, umbrella insurance in New York, and more. Call us for a quote today.

Tips for preparing your home for an emergency

Emergencies happen no matter where you live. Even a great place like Arkport, NY is not free from the threat of emergencies.  Being prepared helps make even the worst emergency more palatable. As a homeowner, there are some simple tips and strategies you can employ to make sure that no matter what the emergency, you and your family will be okay. At Genesee Valley Agency in Arkport, NY we believe the way our customers are treated is a reflection of our entire agency, and we make sure to treat them all as valued friends. 

Secure important papers

There are many types of emergencies. Making sure your important papers are all secured means no matter what happens when the emergency is over you will have the things you need like your insurance policies, passports, birth certificates, driver’s licenses, etc.  

Water

Many types of emergencies result in loss of services. That means you may not have running water. Fill your bathtub with water and as many jugs as you can. Having three or four days’ worth of drinking water is imperative. 

Batteries

Having a large supply of batteries to keep things running helps keep you from sitting in the dark. You need battery-operated lighting and a battery-operated radio. 

Portable charger

Having a portable charger can keep your electronics operational. Things like a Halo can provide power for phones, tablets etc. 

A generator and fuel

If you can afford it, a generator that is attached to your home and will automatically turn on when the power turns off is a good option. If not, a portable generator and fuel mean you can run heat, A/C, and your refrigerator or freezer. 

Emergencies are never fun but being able to get through them is important. If you have home insurance needs, call Genesee Valley Agency in Arkport, NY. 

What Vehicles in New York Can be Covered by Recreational Insurance

Life is more fun when you have a recreational vehicle, but if you are using one, you want to do it right. The safest way to enjoy recreational vehicles is with recreational insurance. There are a number of types of vehicles this insurance will cover. 

At Genesee Valley Agency serving Arkport, NY, we want you to enjoy your recreational vehicles and feel safe as you do so. Learn more about the types of vehicles that we can help you to insure.

What is a Recreational Vehicle?

There are a number of different vehicles identified as recreational vehicles by insurance companies. Boats, RVs such as motorhomes and campers, watercrafts such as a jet-ski or seadoo, and ATVs are the most commonly insured vehicles. Jet-skis and seadoos are commonly covered under home insurance, but if you use them a lot or use them commercially, you will need a different kind of insurance.

ATVs that are used as off-road vehicles on your own property and nowhere else are not required to be insured or even plated. If you plan on using them as a vehicle for transportation, you will need to have insurance. For these vehicles it is always best to have liability insurance on them anyway. They are known to present safety risks and you want to be covered for any unintentional property loss or bodily injury.

Motorhome Insurance

Motorhome insurance is the most common kind of recreational vehicle insurance. Motorhomes come in a unique set of classes, depending on their size, and whether they have an engine. 

When you have a motorhome, you will start with the same protection that you would have for car insurance, such as liabilities. 

Get a Quote for Recreational Insurance

When you have a recreational vehicle, you want to enjoy it, and not worry about it. At Genesee Valley Agency, we want Arkport, NY to feel protected when they are using their recreational vehicle. Call us today for a quote.

Do I need renters insurance?

You will want to make sure that they receive appropriate coverage before moving into a new home. This need includes both property owners and renters. If you are going to rent a home here, there are a few reasons that you will need to have insurance.

Renters Coverage is Best Way to Protect Yourself

A reason that you should get renters insurance is that it is the best way that you can protect yourself. Those who move into a new rental home will bring personal items with them and take on some different liability risks. To ensure you are able to repair or replace your items and are protected against this risk, you need to get a full renters insurance policy.

Coverage is a Lease Requirement Set By Landlord

You will also want to get a renters insurance policy to stay in good standing with your landlord. A property owner knows that a renters insurance policy will give important protection and coverage to their tenants. As this can indirectly benefit a landlord, they often require that you have a full policy in place when your lease term starts. If you do not have this coverage and it is required, it could nullify your lease.

Getting renters insurance in Arkport, NY will always be a good investment. If you are going to get this insurance coverage here, you will want to speak with the team at Genesee Valley Agency – we also serve all of the Genesee Valley, Upstate & Western NY. Choosing a renters policy takes a lot of experience and analysis. The team with Genesee Valley Agency will explain your options and ensure you choose a policy that will provide you with the best type and level of coverage.

Why many New York motorcycle owners prefer comprehensive insurance

Obtaining motorcycle insurance can be a confusing prospect. Motorcycle owners must now carry liability insurance and have proof of insurance while operating their vehicles. The team at Genesee Valley Agency is here to advise bike owners in the Arkport, NY area on the mandatory requirements and comprehensive policies. While many owners choose a basic policy that meets minimum standards, others are opting for comprehensive policies.

Enjoy the peace of mind that comes with knowing that you are protected

Holding a basic policy may protect you from damages from a minor mishap, but it may not be sufficient if you are involved in something more serious. Liability and damage are often the two most significant areas of coverage when it comes to motorcycle insurance.

Motorcycle owners should sit down with their local insurance agent to determine the right policy for their needs. A knowledgeable agent can help by providing information on the different types of policies available and help you to determine which level of protection is appropriate.

Comprehensive coverage can provide insurance at a sufficient level to avoid personal liability and take care of expenses that can arise following a covered event. There’s no reason to be underinsured with the variety of coverage levels available to New York motorcyclists. 

We’ve got you covered!

Genesee Valley Agency is here to answer any questions you may have about motorcycle policy options in the Arkport, NY area. Our region is filled with beautiful places to ride, and it makes sense to have the proper protection in place for heading out to explore. Call or stop by today to meet with one of our knowledgeable agents!

An Introduction to Umbrella Insurance

You might not be familiar with secondary insurance, umbrella insurance. The term secondary or secondary insurance refers to a type of insurance policy added to an existing primary policy. You must have the primary policy to purchase the secondary type.

Umbrella insurance provides liability coverage over and above the liability provisions in your homeowner’s, renter’s, auto, boat, RV, or business insurance. If you own any of those primary insurance types, you can add an umbrella policy from Genesee Valley Agency.

Since you already have liability coverage, you probably wonder why you would want more of it. The liability coverage on those primary coverages only provides limited coverage. You can choose the coverage on an auto, boat, or RV policy, but your home coverage provides a percentage of your home’s value as to liability coverage. Typically, this is about ten to twenty percent. That means if your Arkport, NY home value is $100,000, your liability coverage is $10,000 to $20,000.

While that might sound like a lot, imagine that an accident occurs at your home. It injures three people. Perhaps a fire breaks out or pushes someone else into the swimming pool, striking a third person. The average hospital stay costs about $15,000. Your home insurance could not cover all three individuals. In fact, without an umbrella policy, you would end up paying for the other two people’s bills out of pocket.

Umbrella insurance costs little but provides vital coverage. Most individuals can easily afford a half-million- or million-dollar policy. Contact Genesee Valley Agency, serving the Arkport, NY area, to learn more about how you can protect your financial health with umbrella coverage.

Does Flood Insurance Pay For Damage To Personal Belongings?

Many people aren’t clear on what protection is offered by flood insurance. This government program is designed to reduce the risk of loss due to damages caused by flooding due to storms or other types of flooding in an area. This type of insurance can be required if the person lives in a high-risk area. The insurance protects your home, but you may be wondering if it also helps homeowners replace their personal belongings.

Flood Insurance

Flood insurance is a great idea to have, especially if you live near a coastal or low-lying area, but you may also want to get this coverage if you live near a dam or river. Even though they may not flood often, there is still a risk. Some homeowners lose everything when these rare events occur. The good news is that flood insurance usually helps pay to replace personal belongings such as clothing and furniture. Before purchasing a home, you should speak with an agent to determine what types of flooding risks are present in your area. Even if you already have insurance coverage in place, you may want to consider purchasing flood insurance too.

Reputable Insurance Agencies

Most reputable insurance agencies will also offer flood insurance coverage, such as Genesee Valley Agency, serving Arkport, NY. If you are interested in this type of insurance protection, you should work with an agent to determine your risks and any stipulations or time frame restrictions to be aware of before making a purchase. For example, it usually takes 30 days for the policy to take effect, which is important to know during peak season for storms and tropical activity. 

Protect the important things and help prevent loss associated with flooding-related events with flood insurance. If you live around the Arkport, NY area, call or stop by Genesee Valley Agency today to learn more and speak with an agent. 

Benefits of Whole Life policies

Is it time for your family to have life insurance? The folks at Genesee Valley Agency are here to answer your questions. Residents in the greater Arkport, NY community, can rely on our team for all of their insurance needs. All life insurance policies provide different features and benefits, so it is important to find the right policy for your family.

Key benefits of Whole Life policies

  • There is no expiration: Whole Life policies remain in force for as long as the premium is paid; there is no expiration of protection or coverage.
  • Unchanged premiums for the policy’s life: with a Whole Life policy, you know what your premium will be as it does not change over the life of the policy.
  • Cash value and dividends: one of the strongest features is the living benefit that a Whole Life policy will provide. In addition to the death benefit, the policyholder may also receive benefits during their lifetime.

There are many different Whole Life policies available to New York residents, and it’s important to find one that suits your family’s needs. Yes, it can be overwhelming to discuss life insurance, but it is a conversation that needs to happen. Protecting one’s family is a vital part of taking responsibility for the care of one’s loved ones. Working with a certified agent can help to streamline the process.

Your whole life specialists

We here at Genesee Valley Agency are proud to serve our friends and neighbors in the larger Arkport, NY area. Our team is dedicated to providing the information necessary for our clients to make informed decisions regarding insurance. To find out more about life insurance benefits, including Whole Life policies, click, call, or stop by today!

Do I need auto insurance in Arkport?

If you live in the Arkport, NY area, you will likely need to own a car. While some tasks can be completed by walking or public transportation, having a car will make your life a lot more convenient. If you choose to purchase a car in this area, you should also carefully consider your insurance needs. There are several reasons why someone needs to have auto insurance when purchasing a car in New York.

Required for Legal Compliance

One of the main reasons to get an auto insurance policy is because the law requires it. In the state of New York, you are always obligated to carry liability insurance. This is an important form of insurance to carry because it will ensure you have the ability to pay for damages if you cause an accident. Those that are caught driving without this insurance could face several forms of penalization.

Protects Vehicle

If you purchase a vehicle, it is also a valuable asset that you will want to protect as well as possible. One of the best ways that you can do this is by getting car insurance. If you get a full auto insurance policy with both collision and comprehensive coverage, you will have coverage for virtually any situation that could result in a loss. Most of the time, an auto lender will also require that you carry this coverage.

Ultimately, picking an auto insurance policy in Arkport, NY is a big decision. If you are in the market for a new policy, you should call the Genesee Valley Agency. At the Genesee Valley Agency, our team of professionals will evaluate your personal needs and help you find the right policy for your situation.