If you have a business with more than one employee, you will need commercial insurance. The most important aspect of a business is keeping it running. A business can be interrupted as a result of a storm, vandalism, theft, accidents, or other harmful incidences. If your business isn’t generating revenue, your bills will not be paid and you could quickly lose everything. Get in touch with the independent insurance agents at NY Twin Bridges Insurance Agency in Albany, NY. They can offer you a variety of options for your business needs.

Types of Commercial Coverage

• Commercial Property Insurance – covers the buildings’ property that is damaged as a result of common perils, which may include fire, theft, lightning, and explosions.
• General Liability – protects against legal actions due to bodily injury and property damages. You may be protected if a customer receives injuries as a result of negligence at your place of business or through regular business operations.
• Worker’s Compensation – In New York, employers must maintain worker’s compensation insurance for all of their employees, including part-time workers. Worker’s compensation provides for employee’s medical treatments and a portion of lost wages if that person was injured on the job.

Other Options for Commercial Insurance

• Errors & Omissions – also known as Professional Liability Insurance, it protects those who provide services against claims that are made for negligence or inadequate work. Such professions can be hairdressers, physicians, and lawyers.
• Commercial Auto Insurance – provides protection for companies who have vehicles that are used for their business. You will need this type of insurance if your business hauls locally or across the country.
• Employment Practices Liability – is a good option to protect your company from a lawsuit if an employee accuses your company of civil rights violations.

The helpful experts at NY Twin Bridges Insurance Agency are waiting to take your call when you’re ready to search for commercial insurance. You can also stop by their offices in Albany, NY.

It is very important to get an insurance policy from a renowned company such as NY Twin Bridges Insurance Agency in Albany, NY. It not only financially secures your family after your demise, it also gives your family a degree of security to meet their financial needs regardless of what becomes of you in the future. There are some key questions you need to ask your agent in order to make a good choice from the many policies available to you. This will also help you to understand the whole process. These questions will also help you to know whether the agent in question is the ideal choice to help with your future insurance needs.

Who Do You Represent?

While some agents work for brokers that represent many insurance companies, others work for a single one. You need to get hold of some information about the company or companies you will be dealing with. You will like to know their financial rating and other information such as, recent legal or financial problems the company may have faced in the past and how long and successful they have been in business.

How Can I Meet My Long-Term Goals And How Will You Assist Me?

Your agent will assist you to choose the insurance plan that will be best for you; a whole life or term insurance policy and to further advocate the policy to benefit your family on the long run. Whether you are planning to leave an inheritance for your children or to put them through college, an agent will help you make the most beneficial decision.

What Are The Benefits Of Choosing One Particular Policy Over Another?

Choosing an insurance broker such as NY Twin Bridges Insurance Agency in Albany, NY that can help you find good value is very important. Your agent should be able to explain to you why one policy is better for your particular situation compared to other policies. The agent should also be able to explain how the companies your agent is working with differs from others.

In Case of Problem, Who Should I Call?

If you encounter a problem or have any questions about the policy, it is important to know how your issues will be resolved and who to call. Often you have to call a support center but you want to look for a policy where your agent is your point of contact.

Every business is a bit different. With that, every form of commercial insurance should specifically fit the company like a glove. That is why a business owner needs to look into some of the more commonly overlooked commercial insurance options out there. At NY Twin Bridges Insurance Agency, we’re here to assist you in finding the right commercial insurance options, whether you’re located in Albany, NY or in a neighboring community. 

Professional Liability Insurance

From time to time products and services do not live up to the established standard (often at no fault of your own). This kind of insurance protects you from lawsuits that may occur because of it. 

Property Insurance

You may lease your property and assume you don’t need this kind of coverage. Wrong. This is because property insurance covers not only the land your business is located, but also the equipment and goods inside the building. Chances are you’ve invested a great deal of time and money into the products and hardware found within the facility. So just because you don’t actually own the property doesn’t mean you shouldn’t invest in property insurance. 

Home Based Business Insurance

If you’re like many business owners, you started your company inside your home. However, your home owner’s insurance may not cover the loss of property and goods should something occur to your house. In order to protect your business assets in the event of a break in, flood, fire or other disaster, you need to invest in a home based business insurance. 

No matter the kind of business you run, at NY Twin Bridges Insurance Agency, we want to help protect it. By assisting you in looking over the different kinds of commercial insurance, you’re business in and around Albany, NY will stand better protected, regardless of the industry you’re in. 

Retirement insurance in Albany, NY may be a confusing term to many people, and this may be because it’s not discussed very often. Find out more about what you need to know from NY Twin Bridges Insurance Agency before you make any more assumptions about it. 

Retirement Insurance Doesn’t Stand Alone (Normally)

Unlike health or auto insurance that stand on their own, retirement insurance is normally a part of an insurance package that is presented to an employee long before they ever get ready to leave their position.

Retirement Insurance Is Not Life Insurance 

This special form of insurance is designed to keep up with how you like to live your life, so you’re not dependent on social security as your sole source of support. As inflation continues to impact our market, retirees need to be ready to cover a number of daily living needs. 

Divorce Does Not Necessarily Affect Retirement Insurance 

If your spouse is on your retirement insurance but you get divorced, they may still be considered a part of your policy. Generally speaking, if your marriage spanned over several decades but ended close to the age of retirement, the terms of your policy are the same as if you had stayed married. 

Each Case Is Different 

Just like with other major forms of insurance, your case is dependent on your specific circumstances. This may include the length of your career, your total wealth, your retirement age, and your current lifestyle. 

Who You Work with Matters 

Talk to NY Twin Bridges Insurance Agency to find out more about how retirement insurance works. Our staff understands it all and is ready to help you understand it too. Give us a call today if you live in Albany, NY and are looking for some answers. 

At NY Twin Bridges Insurance Agency, we’ve seen our Albany, NY customers make too many commercial insurance mistakes to count. That’s why we’re providing you with this in-depth look at some of the most common business insurance mistakes being made today.

Lacking Proper Vandalism Insurance

Vandalism is a common problem for many businesses and one that can be hard to pay for when it occurs. As a result, it is important to purchase high-quality vandalism insurance to protect your business from this serious problem.

Business Disruption Insurance

When your business suffers from a disruption of its services, this type of coverage helps cover your expenses until you start operating again. It isn’t inexpensive to get this type of insurance, but it is necessary if something serious breaks down.

Lacking Employment Practices Liability Insurance

This type of insurance, otherwise known as EPLI, protects you from serious employment claims. For example, if your employees sue you for wrongful termination, EPLI insurance will ensure that you don’t end up paying thousands or more in a lawsuit.

Hiring Multiple Agents

Anyone who has multiple policies from many different agents is making a huge mistake. You should try to avoid this kind of behavior as it can lead to coverage gaps or cost you hundreds of dollars more every month. Concentrate your commercial insurance with one agent.

Ignoring Cyber Liability

Do you have any type of presence on the internet, such as an online store? Then you need cyber liability. Getting hacked and costing your customers serious money will put you in a difficult, and expensive legal situation. Cyber liability insurance will protect you in this instance.

Don’t Make These Mistakes!

When you work with us at NY Twin Bridges Insurance Agency, you can get the kind of high-quality commercial insurance that your Albany, NY firm deserves. We will help you not only avoid these mistakes but others like them. Let us help you succeed.

If your business has commercial vehicles as part of a fleet, then you need to consider getting commercial vehicle insurance. The insurance will need to cover both your commercial vehicle and the driver, even if they are using their own vehicle for work. Their personal insurance is usually not enough to cover any incidents. To better protect your business in Albany, NY, you need to invest in commercial vehicle insurance. These are just a few things to consider when you are looking to purchase some through NY Twin Bridges Insurance Agency. 

• The lowest price doesn’t usually come with the best coverage. While looking for the lowest rate will help your bottom line in the present, if you ever need to use your commercial vehicle insurance, it will hurt you in the long run. You want to find the best policy at the lowest price and just because it is inexpensive doesn’t mean it is a good policy. 
• Get the right insurance for your vehicles. There are many different types of insurance policies based on the type of vehicles you have and their use. Make sure you get a policy that meets your needs specifically. 
• You should take the time to screen your drivers. Since you will be putting these people on your policy, in order to keep your costs low, you need to make sure you have reliable drivers. This means they should have a clean driving record. You should make it a standard to check these things before adding them to your policy. 

Now that you have a better idea of what to look for in a commercial vehicle insurance policy, you can start getting quotes. Contact NY Twin Bridges Insurance Agency, serving Albany, NY, for your free quote and more information. 

Many people work with one company throughout their entire professional life, and one of the many benefits of this career path is the inclusion in their employer’s retirement plan and pension. Retirement insurance, the coverage additional to Social Security, is mainly associated with employment of one’s own or a spouse. Retirement insurance is one part of total insurance coverage that must be thoroughly understood and considered prior to the actual day of retirement. The insurance professionals at NY Twin Bridges Insurance Agency are here to help our clients in the greater Albany, NY area understands it all. 

In addition to retirement, divorce and death of a spouse are the two most impactful events on retirement plans and insurance. It is unwise to assume that all claims to Retirement Insurance as null and void in the event of divorce. It is different in every case, and the main deciding factor is the length of the marriage. If the marriage spans decades and is ended close to retirement age, it is possible that the spouse may have a claim for the benefits of the Retirement Insurance. If the marriage has lasted one or two years, it is a lot less likely that the former spouse will be able to claim any of the benefits. 

Retirement Insurance can make a very large difference in the way that retirement is spent and how stable and secure it will be. As each case is different, it is important to meet with an insurance professional to understand what your benefits are and how to use them.

If you are located in the Albany, NY area and have questions, contact us at NY Twin Bridges Insurance Agency to learn more about how we can help you to better understand how Retirement Insurance will affect you.

If you have a life insurance policy through your employer, you may think that you are set even if you leave or lose your job. However, this is something that may employers do not tell you about. According to NY Twin Bridges Insurance Agency, if your policy is a non-portable policy, you may have to start all over with life insurance if you leave your job in Albany, NY or lose it for any reason. 

When a life insurance policy is not portable, that means you cannot take it with you if you are no longer employed with your company. The thing about enrolling in life insurance through your employer is that it is easy. Generally, if you enroll within your new hire window, you are approved with no questions asked. That means no matter what is going on with your health, you are covered. However, if you leave and need to get another policy, there is no automatic enrollment and over time, life insurance will get more and more expensive. If you change jobs several times over the course of 10 or 12 years, you will find out that most policies are not portable and the cost for each new policy is increasing every time. If you do not get offered life insurance at a new job, you will need to consider a personal policy that you can always keep with you no matter what happens, which may be the better option anyway. 

If you have recently lost your job and were not aware that you also lost your life insurance coverage, you may want to consider getting another life insurance plan that can better protect you and the ones you love. Contact NY Twin Bridges Insurance Agency serving Albany, NY to learn more about your life insurance options. 

Maybe your Albany, NY business started out in your garage with just your minivan available for deliveries. Now it’s booming and you’ve had to hire a couple employees to keep up with demand.  However, it may also be time to add commercial auto insurance. NY Twin Bridges Insurance Agency reminds you why driving your personal vehicle can throw a wrench into your goals.

Commercial Auto Protects Your Drivers

Your personal auto insurance only covers you in the case of an accident. If you have an employee using the van to deliver goods around town, a commercial auto insurance policy will cover their medical bills if they are involved in an accident. Also, it removes any confusion over whose insurance will pay for repairs for the vehicle, even if it was your driver’s responsibility. Instead of waiting for red tape to be sorted out, the van will be repaired and you’ll be back to making money.

Extended Liability Fights off Potential Claims

When your vehicle drives around town with the company logo on the door, there is a perception that there’s a deep pocket paying for the entire production. With commercial auto insurance, you also receive liability coverage generally above the standards required by a personal policy. Your insurance company will be able to handle most greedy claimants without interrupting the cash flow of the business.  It helps to create a confident state of mind for you while protecting your investments and savings accounts.

Running a small business in Albany, NY is certainly not simple.  However, when you purchase your commercial auto insurance from NY Twin Bridges Insurance Agency, many of your questions and concerns regarding your delivery vans will be addressed by our friendly and knowledgeable agents.

If a police officer pulls you over and accuses you of running a stop sign, you may think that there is no way you can fight the ticket. After all, it is your word against theirs. However, a stop sign violation can result in your auto insurance rates increasing, as well as costing you money for a fine. Fortunately, there are a few defenses you can use for this type of violation. Here are a few defenses you can use for a stop sign violation in the Albany, NY area.

The Sign Was Obstructed

In some cases, a tree or other item may have been obstructing the sign. If you could not see the sign, you may have a defense. Be sure to take pictures of the obstructed sign to prove your case.

The Police Office Wasn’t Positioned To See You Stop

In some cases, you may stop a bit behind the stop sign line. If a police officer is hidden down a side street, they may have not been at the right angle to see you stop a few feet back from that line. You can use this defense in court by taking pictures of the angle the cop would have seen and showing why they could not have seen you stop from there.

It Was Unsafe to Stop

The last defense you have to a stop sign violation is that is was unsafe to stop. Was it pouring down rain and you had someone following behind you too closely when you ran the stop sign? If so, you may have a defense. If you stopped at the sign, the driver behind you may have slid into you and caused an accident. These cases are hard to prove but you may be able to convince a judge you didn’t stop to protect yourself from an accident or injury.

If you have received a ticket for a stop sign violation and your insurance rates have increased because of it, you may be looking around for a new policy. NY Twin Bridges Insurance Agency, serving the greater Albany, NY area, would love to help you with all of your auto insurance needs. Swing by our office or give us a ring today for a price quote.