Monthly Archives: October 2011

FAQ: What Is Uninsured Motorist Coverage and Who Needs It?

The Insurance Research Council estimates that one of every 20 motorists on the road in New York is uninsured. The declining state of the economy has led many drivers to stop paying for their car insurance. In this post, Gregg S. Marcus, a Long Island Insurance Executive  answers this common question about Uninsured Motorist (UM)…

HOW TO: Complete a Home Inventory

When a homeowner has a Homeowner’s Insurance Policy  they need to have a home inventory to give to the insurance company in the event of a claim. A home inventory is simply a list of your personal possessions. It is important to carefully document all of the belongings in your home so that in the…

Guide to Collector Car Insurance

Only those with a genuine passion for classic automobiles can truly appreciate the time and effort it takes to keep these vehicles in perfect condition. A standard automobile insurance policy will not be enough protection for these works of art, as they will not take into account the nature of a collector car. If you…

Will Social Media Change the Insurance Agency?

In the past decade, communication has changed dramatically. Facebook messaging has replaced traditional e-mail, and text messages and wall posts have replaced phone calls. There is no stopping this evolution and major brands as well as small businesses now include social media within their marketing plans. Gregg S. Marcus, a Long Island Insurance Executive actively…

FAQ: Does My Roommate Need Renter’s Insurance Too?

There are many common misconceptions about Renter’s Insurance . This is a special policy that can be purchased by tenants to protect their valuables and provide liability coverage as well. Gregg S. Marcus, a Long Island Insurance Executive  highly suggests that all tenants purchase renter’s insurance for a small monthly premium to protect all of…

How Gregg Marcus is Giving Back to the Community

Gregg S. Marcus is more than just a Long Island Insurance Executive . He believes in giving back and does so by donating most of his free time to local charities that have found a place close to his heart: Kidney & Urology Foundation of America (KUFA) KUFA is a national, not-for-profit organization dedicated to…

5 Common Types of Business Insurance

When you operate any type of business, uncertainties can and do occur. Such risks can negatively affect your business. It is important to be familiar with the different types of business insurance policies, but be aware that because every business is unique so are its insurance needs. In this post, Gregg S. Marcus, a Long…

When to Drop Collision Coverage From Your Auto Insurance

This is a question that Gregg S. Marcus, a Long Island Insurance Executive  hears a lot when quoting automotive insurance. Relative to the cost of other liability or comprehensive auto insurance coverage, collision coverage can be expensive. According to the American Insurance Institute, collision coverage pays for damage to your car resulting from a collision…

FAQ: What are “Named Perils”?

The dangers that a homeowner’s insurance policy specifically covers are called perils in an insurance contract. A named peril policy only covers these specific risks, or perils, that are decided upon when writing the policy. Gregg S. Marcus, a Long Island Insurance Executive explains, “Named peril coverage is a more affordable option compared to comprehensive…

5 Steps To Keep Your Home From Being Underinsured

A large amount of homes in the US are underinsured. Keeping your home insured properly can save you a lot of anguish later when you are making a claim and it is not covered. Gregg S. Marcus, a Long Island Insurance Executive shares five steps you can take to assure that your home isn’t underinsured….