Coastal Insurance Solutions News: Long Island Home Insurance Tips
Does Inflation Impact My Homeowners Insurance?
The recent spike in inflation affects nearly every aspect of life, including insurance costs. But inflation can also affect how well your home is protected against common losses, such as fires, burst pipes, and other risks covered by a standard home insurance...
High-Value Home Insurance vs. Standard Home Insurance
For homes with a rebuild value of $1 million or more, you can choose a high-value home insurance policy instead of standard home insurance. The choice of a high-value home policy brings many compelling advantages, ranging from broader liability insurance coverage...
NFIP Flood Risk Rating 2.0 – What it Means for You
4 min read. September, 29, 2021 – by David Clausen Although several new private market flood insurers have entered the market in recent years, FEMA’s National Flood Insurance Program (NFIP) still serves as the base policy for most homes insured for flooding. The...
High-Value Home Insurance: PURE Insurance vs. Vault
Hundreds of insurers compete for the U.S. home insurance market, but a select group of providers specializes in the high-value market catering to high-net-worth households. Off-the-shelf products from broad-market insurers can miss key risks for affluent families....
Cybersecurity for High-Net-Worth Individuals
When we think of insurance and protection against risks specific to high-net-worth individuals, we tend to think of property insurance or liability insurance. But cyber risks are a growing threat, and high net worth individuals make increasingly attractive targets...
Looking to Safeguard Your Long Island Home? Coastal Insurance Can Find The Best Policy For You
When it comes to living on an island, the possibility of flooding is an everyday fact of life. That being said, having adequate coverage – especially if you live along Long Island’s many shore-based communities – is vital. But having any old policy just isn’t...
National Flood Insurance Rate Changes for 2021
Flood insurance rates are increasing soon for some homeowners, but there’s still time to act. Many homeowners carry flood insurance through the National Flood Insurance Program (NFIP). But private market insurers now offer an attractive choice when buying flood...
Insurance Tips: How to Make a Home Inventory
About 1 in 20 homes has an insurance claim each year due to damage, theft, or other covered risks according to the Insurance Information Institute. If you have a home insurance claim, creating a home inventory becomes a powerful reference tool that can help...
How Does Coronavirus Affect Your Home Insurance?
How Does Coronavirus Affect Your Home Insurance? With regional flare-ups, new variants of COVID on the rise, and shutdowns keeping many businesses closed, many of us are spending more time at home. You may have wondered how coronavirus affects your insurance...