Archives for September 2014

6 Tips to Find the Right Home

Buying a new home is a very exciting time in your life. It can also be very confusing. To make sure that you invest in the right home that is perfect for you and your family, remember these simple home buying tips.

  1. Make sure you can commit. Buying a home is one of the biggest financial decision that you will ever make. Make sure that you are committed to staying in one place for at least five years before starting to look for a new home.
  2. Check your credit. Get a copy of your credit report and look it over to make sure that it is correct. If there are any problems, make sure to get them fixed as soon as possible.
  3. Look at homes you can actually afford. There are many free online calculators that can help you decide what price point you can afford in your new home.
  4. Look at schools. Even if you do not have children, look in areas that have good schools. This will not only mean that your future children will be in a good school district, but it can also help with resale value even if you do not have children.
  5. Get pre-approved. Getting pre-approved for a mortgage will help you be in a better position when it comes time to make an offer on your home. It will also give you a definite price point to start looking for homes.
  6. Get help. Working with a real estate agent in the area will help guide you in the right direction to ensure you buy the best home to fit your needs.

After you find your new home, make sure that you protect it with the right homeowners insurance policy. For all of your homeowners insurance needs throughout New York to ensure that you have the best protection possible, contact the insurance experts at Alliance Group in Fairport, New York.

Cover Yourself with a Personal Umbrella Insurance Policy

Many people assume that with all of the insurance policies that they already have, from homeowners to auto insurance, that they are covered in any situation. However, many people run into situations that are not covered by their insurance policies, or problems that require more liability than they have. Investing in a personal umbrella insurance policy is the best way to ensure that you are covered in any situation.

A personal umbrella policy provides extra liability coverage in the unfortunate situation that your auto or homeowners insurance policy does not have enough. The policy will only “kick in” after all of the liability of your other insurance policies have already been used up. A personal umbrella policy will also provide coverage for situations that are not covered by any other insurance policy, including slander or libel.

Typical personal umbrella insurance policies provide $1 million in extra coverage, and then go up in million dollar increments. While you may think that there is no way that you will ever need $1 million in coverage, the cost of an accident or lawsuit can easily add up. Consider if you were involved in a car accident that was your fault. If the other driver is injured and not able to work, they can sue you to cover their lost wages. If they are a highly paid lawyer, you can easily be held responsible for not only their lost wages, but also for the court fees for the lawsuit, all which could easily total $1 million. Your auto insurance policy will most likely not have enough coverage to pay for all of the costs of the lawsuit. A personal umbrella policy will help to ensure that you are not left paying out of pocket to cover the cost.

For all of your personal umbrella insurance needs throughout New York to ensure that you have the right amount of protection in any situation, contact the insurance professionals at Alliance Group in Fairport, New York.

Get your Home Ready for the Cold with These Simple Tips

With the cooler fall temperatures, it is easy to take some time out of your day to relax in your yard. However, the cooler fall temperatures mean that the cold winter temperatures are just around the corner. To make sure that your home is ready for the dropping temperatures and the extra time that your family will be spending indoors, make sure to keep these home maintenance tips in mind.

  • Get a tune up. Hire a professional to check your furnace and do any routine maintenance to ensure that your furnace will keep you warm all winter long.
  • Turn it around. Use the reverse setting on your ceiling fans to help push the warm air down and away from the ceiling. This is especially helpful if you have any rooms that have high ceilings.
  • Avoid dams. Hire a professional to check for inadequate insulation or air leaks in your attic that may lead to ice dams that can cause thousands of dollars of damage to your roof and walls.
  • Check out your roof. Take a look at your roof to see if there are any missing shingles or cracks. Make sure to get any problems repaired to ensure that the wet winter weather does not cause any leaks.
  • Check your weather stripping. Look at all the weather stripping around all of your windows and doors to ensure that it is in good condition. If any areas are missing weather stripping or have cracked weather stripping, make sure to replace it as soon as possible to prevent the cold winter weather from getting into your home.

The changing season also means you may have to make some changes to your homeowners insurance policy. Contact the insurance professionals at Alliance Group in Fairport, New York for all of your homeowners insurance needs throughout the state.

Protect your Business from Cyber Attacks with the Right Insurance Policy

In today’s business world, it is almost impossible to operate without using a computer, which means that there is a higher chance of a cyber-attack. Luckily, cyber liability insurance is available to make sure that you company and your client’s private information is protected.

A cyber liability insurance policy helps to protect against both third party and first party exposures. Typical third party coverage options include:

  • Privacy liability or network security – will provide coverage in case of a breach of network security or privacy liability breach, attack, compromise, denial of service and more.
  • Media/electronic liability – will provide coverage for any personal or advertising injury that are the result of distributing printed and electronic materials.
  • Regulatory liability – will provide coverage to any regulatory penalties or fines that are imposed due to a privacy liability or network security event.

Typical first party coverage options for cyber liability include:

  • Costs of notification – will cover the cost to notify all of your clients of possible identity theft due to a breach, customer support, public relation expenses, credit monitoring expenses, and more.
  • Business interruption – will cover the lost income if you are forced to shut down due to a named event.
  • Cyber terrorism – will cover the cost in case of a cyber terrorism event or threat.
  • Cyber extortion – will cover the cost in case of a cyber extortion threat.
  • Loss of any digital assets – will cover the cost to recover or restore any digital data that is corrupted or lost during a cyber issue.

For all of your cyber liability insurance policy coverage needs throughout New York to ensure that your business and clients are covered in any unfortunate situation, contact the insurance professionals at Alliance Group in Fairport, New York. We can help to ensure that you have the best coverage options that best fit the needs of your specific business.