There has been growing attention on auto insurance reform in New York. The issue is a straightforward goal: ensuring that law-abiding drivers are not unfairly affected by fraud and abuse in the system.
Lawmakers are currently reviewing proposed reforms designed to tackle these challenges.
A brief explanation of each proposal is provided below:
•Cracking down on staged accidents and fraud: This proposal would strengthen insurance fraud laws and make it easier to prosecute fraud at lower dollar amounts. It is intended to deter organized fraud and protect honest drivers from the higher costs that fraud creates.
•Reducing unnecessary litigation: This proposal would limit opportunities for abusive lawsuits by changing how serious injury claims are evaluated, limiting certain non-economic damage awards, and tying recovery more closely to each party’s actual share of fault. These changes would help reduce costs driven by unnecessary, excessive litigation.
•Strengthening insurer anti-fraud efforts: This proposal would give insurers more time to report suspected fraud and would clarify their right to deny or defend against suspicious claims after certain deadlines. These changes would help insurers investigate fraud more effectively and prevent improper claim payments.
As the insurance industry continues to evolve, we are grateful for our partnership with many great carriers that work together to provide our customers with the genuine care, fairness, and the protection that they deserve. https://www.biginy.org/advocacy/legislative-advocacy/grassroots-action-center/
Category: Motorcycle Insurance
Exploring Motorcycle Insurance: Is Theft Covered By Your Policy?
Stolen motorcycles are prevalent in New York, and most of them are not found. Of the returned bikes, the majority are not in one piece. Having theft coverage would help immensely. The Kimberly J Brennan Agency team, servicing Patterson, NY, will discuss how motorcycle insurance handles theft.
Does Motorcycle Insurance Cover Theft of a Motorcycle?
It depends on the type of coverage you have in your policy. Comprehensive coverage is the only coverage in motorcycle insurance that covers theft. Minus your deductible, the carrier will pay an amount close to what your bike was worth when the policy was active to replace your bike. If you don’t have comprehensive coverage, you must pay for a new motorcycle out of pocket if your bike gets stolen.
Many riders make the mistake of believing that motorcycle liability covers theft. It does not. Liability coverage covers injury and property damage caused by you to another person or property. It also covers their medical bills and legal fees. Liability does not protect you, your passengers or your motorcycle.
Does Motorcycle Insurance Cover Stolen Parts, Gear, and Accessories?
It depends on the coverage listed in the policy. Carriers offer a rider called "accessories/custom parts & equipment (CPE)" as part of comprehensive coverage. Certain carriers bundle it with collision, while others offer it as an add-on. The coverage has an adjustable limit on stolen items. For coverage of stolen gear, request the separate add-on for apparel and headgear. If you don’t have the required add-ons when theft occurs, you’ll be responsible for replacing the stolen items on your own.
Call Us for a Quote
The Kimberly J Brennan Agency has handled several claims involving stolen motorcycles in and around the Patterson, NY area. Occasionally, we’ve had to inform clients that their motorcycle insurance doesn’t cover theft. We don’t want that to happen to you. When you speak to one of our agents, we will review your policy, compare insurance carriers and advise you on plans that suit your needs. Contact us for more information.
Why Choose an Independent Insurance Agent for Motorcycle Insurance?
If you own a motorcycle, it’s essential to obtain motorcycle insurance. The professionals at Kimberly J. Brennan Agency, serving Patterson, NY, can help you find a motorcycle policy that meets your needs.
Our insurance professionals have years of experience prioritizing their customers and answering their questions. We understand the importance of finding an insurance policy that provides the right level of coverage, and we have the expertise and resources to make that happen. Here’s what you need to know.
What Is an Independent Insurance Agent?
An independent insurance agent is someone who isn’t limited to selling for one insurance company. Instead, independent insurance agents have many insurance carriers as partners.
It’s a good idea to shop around when you’re looking for an insurance policy. This allows you to find the policy that fits your needs at the best price. When you use an independent insurance agent, you can be confident that your insurance agent is doing the shopping around for you. They work for your interests, not the insurance company’s.
Why Choose an Independent Insurance Agent for Your Motorcycle Insurance?
Independent insurance agents excel at providing their clients with a range of options. You don’t have to settle for policies from one carrier when you’re working with an independent agent, because your agent has many carrier partners to work with. This helps ensure that you will get a policy that offers the coverage you require.
Get Started on Your Motorcycle Insurance Policy
Kimberly J Brennan Agency, servicing Patterson, NY, is an independent insurance agency staffed by insurance professionals you can trust. We’re committed to helping our customers get the best policy for their needs. To get started with your motorcycle insurance in New York, call today to speak with one of our insurance experts.
The Connection Between Safe Riding Courses and Insurance Benefits
Riding a motorcycle is an exhilarating and liberating experience, but it also comes with inherent risks. Whether you’re a seasoned rider or a beginner, taking a safe riding course can significantly improve your skills and potentially reduce your insurance costs. At Kimberly J Brennan Agency, serving the greater Patterson, NY area, we encourage riders to invest in their safety while also taking advantage of potential insurance benefits.
How Safe Riding Courses Improve Your Skills
A safe riding course in New York goes beyond the basics of operating a motorcycle. These classes teach essential defensive riding techniques, helping you anticipate potential hazards on the road. You’ll learn how to handle emergencies, improve your reaction times, and develop better overall control of your bike. Even experienced riders can benefit from a refresher course, as road conditions and traffic patterns constantly change.
How It Can Lower Your Insurance Premiums
Many insurance providers reward responsible riders with discounts for completing an approved safety course. Insurance companies recognize that educated riders are less likely to be involved in accidents, which means fewer claims. Depending on your provider and policy, you could see a noticeable reduction in your motorcycle insurance premium simply by completing a certified course.
Investing in Safety Pays Off
Not only does a safe riding course make you a more confident rider, but it can also save you money in the long run. If you want to learn more about how safety courses can impact your insurance rates, contact Kimberly J Brennan Agency, serving the greater Patterson, NY region today. We’ll help you find the best coverage and take advantage of any available discounts. Ride smart, stay safe, and enjoy the open road.
Multi-Bike Policies: Streamlining Coverage for Riders with Multiple Motorcycles
New York bikers sometimes own more than one motorcycle for themselves or their family members. Many enjoy riding the city streets and highways in and around the Patterson, NY region. Bikers in New York can appreciate the multi-bike policies for discounts and other incentives. Motorcycle owners often choose multi-bike policies to consolidate their insurance coverage under a single policy, regardless of the number or types of motorcycles they own.
Comprehensive Coverage for All Bikes
Multi-bike policies typically provide comprehensive coverage for all motorcycles included in the policy. This includes coverage for property damage, liability, theft, and bodily injury, ensuring that each bike is adequately protected against unexpected events on the road.
Cost Savings and Discounts
Consolidating insurance coverage for multiple motorcycles into a single policy often results in cost savings and potential discounts. Insurance providers may offer reduced premiums or multi-bike discounts for insuring multiple motorcycles under one policy, making it a cost-effective option for motorcycle owners. With the cost of living, these discounts help bikers continue to enjoy their freedom of the open road.
Flexibility and Convenience
Multi-bike policies offer flexibility and convenience for riders who frequently switch between different motorcycles. Whether you own cruisers, sport bikes, touring bikes, or vintage motorcycles, a multi-bike policy can accommodate diverse riding preferences and ensure continuous coverage regardless of the bike you choose to ride.
Tailored Coverage Options
Insurance providers may offer tailored coverage options within multi-bike policies to accommodate specific needs and preferences. Riders can customize their coverage limits, deductibles, and additional protection based on individual requirements, providing personalized insurance solutions for each motorcycle included in the policy.
Let Kimberly J Brennan Agency Inform You
Kimberly J Brennan Agency helps answer motorcycle insurance questions and serves the Patterson, NY region. Call us today.
