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142 Route 70, PO Box 775
Medford, NJ 08055

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4 Times You Should Update Your Home Insurance

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Your home insurance policy is a vital piece of protection for your family and your belongings. It’s also a key part of your overall financial security. It protects you if something happens to your Tri-State area home or possessions.

That’s why it’s essential to review your policy regularly and ensure it still meets your needs. But when should you do this? Rock Insurance Services in Medford, NJ can help you navigate this important coverage.

Here are four times when you should update your home insurance:

When You Move

If you move to a new home, you’ll need to update your home insurance policy. Your old policy will no longer be valid, and you’ll need a new one that covers your new home. Additionally, your new home may have different risks than your old one, so it’s essential to ensure that you’re covered.

When You Make Improvements to Your Home

If you make any improvements to your home, such as installing a new roof or renovating your kitchen, you’ll need to update your policy. That’s because the value of your home will have increased, and you’ll need to ensure that you’re covered for the full value of your home.

When You Get Married or Have a Baby

If you get married or have a baby, your home insurance needs will change. For example, you may need to add or remove coverage for particular items. Additionally, you’ll want to ensure that your entire family is included in your policy and that they’re protected if something happens to your home.

When You Buy Big-Ticket Items

Big-ticket items such as jewelry, art, or electronics should be specifically covered in your home insurance policy. If they’re not, you may not be fully protected if they’re lost, stolen, or damaged. To be safe, it’s best to add them to your policy or get a separate policy that covers them.

Update Your Home Insurance Today

Updating your home insurance policy is essential to ensure that you and your family are fully protected. Be sure to do it when any significant changes occur in your life. Rock Insurance Services in Medford, NJ can help you find the right policy for your needs. Contact us today to learn more about how to get insurance for your Tri-State area home.

Do I Need Commercial Insurance?

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If you are a business owner, it is imperative that you have the proper insurance products in place to protect the investment you have made in both time and money. Rock Insurance Agency can help you make smart insurance choices in Medford, NJ and the Tri-State area. Keep reading to learn more about commercial insurance and how it can help you. 

What Is Commercial Insurance?

Commercial insurance is a type of insurance product that is specifically designed with business owners in mind. There are many layers to running a successful business. It is important that you have insurance protection for each of those layers. 

Instead of having several different types of insurance coverage, a commercial policy will bundle different types of insurance coverage so that you can streamline and save money. 

What Does Commercial Insurance Cover?

A commercial insurance policy can be customized to meet your needs, but in general, a policy will cover the following areas:

  • Property Damage– If your place of business is damaged, your insurance coverage will kick in to pay for repairs or replacement of property or equipment. Without this important type of coverage, you would be paying these expenses out of pocket. 
  • Auto Coverage– If you need to use vehicles in the daily operation of your business, you will need to make sure that both your drivers and the vehicles are protected. A commercial auto policy can provide this. 
  • Liability– When you own your own business you are at special risk of liability. If someone is hurt at your business or because of your goods or services, you could be held responsible for medical bills or legal fees unless you have liability insurance in place. 

Give Us A Call

If you would like to learn more about commercial insurance, please contact us at Rock Insurance Agency serving Medford, NJ and the Tri-State area.

Does Home Insurance Cover Renovation Projects

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Rock Insurance Agency serves Medford, NJ and the Tri-State community. We are committed to helping our clients obtain coverage that aligns with their future visions. We strive to establish long-lasting relationships with our clients. We provide versatile coverage options that are designed to alleviate stress and allow our clients to live comfortably.

Does Home Insurance Cover Renovation Projects?

Your Medford, NJ property is one of your most valuable assets. Home insurance allows you to protect yourself during times of crisis. The policy any damage to the interior of your home as well as your roof. Other structures on your property, such as your garage or fence are also covered if they suffer damage. All of your personal items at your home are covered if you are the victim of a break-in or those items are damaged.

Your home is also covered in the event of an accidental fire. Liability coverage is a big part of your policy. Liability coverage your if a guest comes over to your home and suffers an injury or if you accidentally damage your neighbor’s property while taking care of some landscaping.

If you plan to renovate your home in the future, generally the project should be covered. However, there are a few things to think about. If you plan to renovate your home, consider increasing your coverage. If a natural disaster damages your home, you may not be completely covered if you didn’t modify your policy before the project started.

It’s also a good idea to increase your liability limits, as your property will be a high-traffic area until the project is complete. That increases the risk that someone may get injured.

Rock Insurance Agency Will Help You Protect Your Assets

Contact us today to learn more information about home insurance.

5 Types of Coverage Every Business Owner Needs

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No matter what type of business you own, it’s important to have the right insurance coverage. There are various coverage types available, and it can be difficult to determine which ones you need. Rock Insurance Agency, serving Medford, NJ and the Tri-State area is here to navigate this important coverage.

To help you make the best decision for your business, here is what every business owner should consider:

5 Types of Coverage Every Business Owner Needs

1. Property Insurance

If you own a business, chances are you have some type of property, whether it’s a physical location or equipment. Property insurance can help protect your business in the event that this property is damaged or destroyed.

2. Liability Insurance

Liability insurance can help protect your business from claims that may arise from your business operations. This type of coverage can help cover the cost of damages that you may be held responsible for and the cost of legal fees if you are sued.

3. Product Liability Insurance

If you sell products, it’s important to have product liability insurance. This type of coverage can help protect your business from claims that may arise from injuries or damages that are caused by your products.

4. Business Interruption Insurance

Business interruption insurance can help protect your business from lost income if your business is forced to close due to a covered event. This type of coverage can help you cover the cost of expenses, such as payroll and rent, while your business is closed.

5. Professional Liability Insurance

Professional liability insurance can help protect your business from claims that may arise from your professional services. This type of coverage can help cover the cost of damages that you may be held responsible for, as well as the cost of legal fees if you are sued.

Give Us A Call

You should never go into business without being fully protected. The best way to do this is to have the right insurance coverage in place. Rock Insurance Agency, serving Medford, NJ and the Tri-State area, can help you find the right commercial insurance for your business. Contact us today to get started.

Who should get a home insurance plan in the Tri-State area?

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Real estate continues to be a good long-term investment and owning your own home is a great way to get started. If you are going to own a property, you will want to make sure that you are properly covering it with a home insurance plan. There are various reasons why someone in Medford, NJ and the Tri-State area should get this type of coverage here. 

Why Home Insurance?

Protect Their Assets

An important reason that anyone in this part of the state will want to have coverage is to protect their assets. If you are a property owner here, you will want to know that your most important assets are protected. When you get an insurance plan for your home, it will provide support for your dwelling and your personal assets. This can help confirm you will remain supported if you are a victim of an accident that results in a loss, such as a fire or bad weather. 

Comply with Requirements

You should also get a home insurance plan in the Tri-State area to comply with your requirements. If you are going to take out a mortgage or live within a larger home association, you will be required to get a proper insurance plan that complies with various requirements. With a home insurance plan, you can remain in good standing with these obligations.  

Contact Us Today

Shopping for a new home insurance plan in Medford, NJ and the Tri-State area is a big decision and process. There are a lot of choices to make as you are building a new plan. Once you are already to start shopping for your next policy, it would be ideal for you to call our team at the Rock Insurance Agency. The professional agents with the Rock Insurance Agency understand the need for this coverage and can help you build an ideal plan. 

Does auto insurance cover a rental vehicle?

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If you are like most people, you are looking forward to taking a vacation this year. After years of staycations, it has never been more popular to get out there and see America. You book your flight, get the hotels, and look for a rental car. At Rock Insurance Agency, Inc, serving Medford, NJ and the Tri-State area, we help you understand the types of coverage you have and what is covered. 

Does auto insurance cover a rental vehicle?

When you go online to book your rental car, you will be hit with a lot of questions. After you decide on the place and time of pick-up and drop-off, vehicle size, and dates, you will have to determine what insurance you want to cover your rental. You will be offered various types, and you probably wonder if your auto insurance will cover you. The answer is maybe. 

Some kinds of offered insurance can be refused right away. If you are happy with the amount of liability insurance on your auto insurance, you don’t need additional liability coverage. If you have a home, renters, or condo insurance, you don’t need the theft from your vehicle coverage. You already have it. 

If you have a full coverage auto policy that includes collision and comprehensive coverage, you should be adequately covered for a rental vehicle. If you have any questions, give your independent insurance agent a call to double-check. If, however, you have only liability coverage, you will need to find another way to cover your rental vehicle. Check the credit card you are using to rent the vehicle. Some cards offer rental vehicle coverage as one of their perks.

Give Us A Call

Contact Rock Insurance Agency, Inc, serving Medford, NJ and the Tri-State area,  for all your auto insurance questions and needs. 

How to Choose the Right Commercial Insurance for Your Business

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As a business owner, you know that protecting your company is paramount. But with so many different types of commercial insurance available, it can be hard to know which one is right for your business. Rock Insurance Agency, Inc., serving Medford, NJ and the Tri-State area, offers the following guide to navigate this important coverage.

Here are a few things to consider when choosing the right commercial insurance:

1. The Size and Scope of Your Business

The first thing you’ll need to consider when choosing commercial insurance is the size and scope of your business. If you have a small business with only a few employees, you may not need the same level of coverage as a larger company. Likewise, if your business operates in multiple states or countries, you’ll need to ensure your policy covers you in all jurisdictions.

2. The Type of Business You Run

For example, if you’re a manufacturing company, you’ll need to ensure your policy covers any potential liability from your products. On the other hand, if you’re a service-based business, you’ll need to ensure your policy covers any potential liability from your employees.

3. The Cost of Your Policy

Of course, you’ll also need to consider the cost of your policy when choosing commercial insurance. Make sure to get quotes from multiple insurers so you can compare rates. And be sure to read the fine print of any policy you’re considering to know exactly what’s covered.

4. Your Exposure to Risk

Another important factor to consider is your risk exposure. For example, if your business is located in a high-crime area, you’ll need to ensure your policy covers theft and vandalism. Likewise, if you work with hazardous materials, you’ll need to make sure your policy covers any potential environmental damage.

Give Us A Call

As you have seen, there are many factors to consider when choosing commercial insurance for your business. But by taking the time to evaluate your needs, you can be sure to find the right policy for your company. If you’re looking for commercial insurance in Medford, NJ and the Tri-State area, Rock Insurance Agency, Inc. can help. We offer a wide range of commercial insurance policies, so we’re sure to have one that’s right for your business. Contact us today for a free quote.

Did You Make a Mistake on Your Auto Insurance?

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Do you worry about making mistakes on your car insurance and want to avoid getting in any trouble? We understand this fear at Rock Insurance Agency Inc. Thankfully, we can help Medford, NJ residents prevent these problems and keep their insurance strong, safe, and reasonable.

Did You File a Claim When You Shouldn’t Have Filed It?

Some people may try to file a claim when they experience minor damage to their vehicle. This common mistake is frustrating to insurance companies because it’s not likely that they’ll ever have to pay for anything and the paperwork just clogs up their system. Only file if the damage is more than your deductible.

Did You Forget to Take Pictures?

Do you know how many people don’t take pictures of their cars after an accident? We don’t know the exact number but know that it is very high. This mistake is going to make your claim much harder to prove. Your company may even refuse your coverage until you provide photos to prove it. 

Did You Tell Your Insurance Companies You’re Okay?

When talking to your insurance company, it isn’t wise to say that you feel "fine" if you plan on getting any medical care coverage. This statement tells them that you aren’t suffering, and any attempt to get coverage for medical bills may be looked on with suspicion.

Did You Provide Too Little Information? 

Car owners may hide their fault in a car accident by providing minimal information to their insurance company. This mistake is critical because insurance teams do their investigations anyway and talk to other people, painting you in a bad light. 

Work With Us to Learn More 

We at Rock Insurance Agency Inc. understand that working with insurance companies can feel complex or challenging. However, we’re ready to help Medford, NJ residents avoid the kind of mistakes highlighted above. 

Home Insurance In Major Catastrophes: A Car Striking Your Home

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The worst situation you could imagine for your home has impacted you: an unsafe driver just ran into your home. This frustrating scenario is one we have experienced at Rock Insurance Agency Inc. Thankfully, we can help Medford, NJ residents in this tough spot.

What Happens When Someone Hits Your Home With a Car

When someone hits your home with their car, they are obviously considered liable for the accident. As a result, their auto insurance policy will pay for the damages to your home up to the limit of their policy. This situation may be beneficial as you could get away without having to use your policy. 

However, situations regularly occur in which you’ll likely need to use your home insurance policy. For example, what happens if a person’s auto insurance covers $20,000 in damage, and you experience $30,000? You’re either stuck with the bill, or you have to make a claim on your auto insurance. 

In this situation, your home insurance will pay whatever is left over, up to your policy limits. So if the person who caused the accident pays $25,000 out of a $60,000 repair bill, your home insurance will pay for the remaining $35,000, depending on your policy limits. 

If your policy limit does not cover the full repairs, your insurance will pay out what it can, and you’ll have to pay for the rest. In areas near heavy traffic (such as homes near freeway exits), it isn’t a bad idea to consider expanding your limits to ensure you don’t get in a bad situation.

Don’t Hesitate to Make a Claim 

If you have a home insurance policy with us at Rock Insurance Agency Inc., please contact us if your home gets hit by a car. We can also help Medford, NJ residents get a policy that works for their needs if they are not covered adequately. 

Does My New Jersey Company Need Commercial Insurance?

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Calling all business owners in Medford, NJ — Do you have an updated commercial insurance policy? If you are unsure, the agents at Rock Insurance Agency Inc. recommend looking into it immediately to see what coverage you do have and where the gaps are. 

New Jersey Commercial Insurance 

If you own a business in the tri-state area, commercial insurance is a must for financial security and the protection of any assets within the business. While commercial insurance isn’t required by law in New Jersey, the protection it offers is more than enough reason to make the investment. Rock Insurance Agency Inc. offers expertise and assistance when it comes to selecting the right policy. 

As a business owner, you know there are risks involved in running a business. If you can minimize those risks and protect your business, why wouldn’t you? Commercial insurance is often required by lenders and investors, so you may not have many options in the matter regardless. 

Lastly, if you have a certain number of employees that work for your business, you will need worker’s compensation insurance (also depending on the type of business you have). This type of insurance protects a business in the event that an employee becomes injured on the job. 

By now, you probably understand how important commercial insurance is for any business. While it may not be required in Medford, NJ, the benefits and protection it offers are more than worth the price. If you aren’t sure where to start with this type of insurance for your business, contact Rock Insurance Agency Inc. today. Selecting the right policy can be stressful and confusing, and our agents are more than capable of selecting the best policy for you. 

142 Route 70, PO Box 775, Medford, NJ 08055 | Phone : 609-382-0100 | Fax : 856-432-8177 | Email : mrotkowitz@rockinsuranceservices.com

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