Coastal Insurance Solutions: Long Island Homeowners Insurance News
High Net Worth Home Insurance – What You Need to Know
With over 5 million high-net-worth individuals and families in the US, specialty insurers have taken notice, bringing a suite of specialized products like high-net-worth homeowners insurance and a bevy of associated coverages, like excess liability coverage to extend liability limits into the millions.
Do you Need Private Client Insurance?
For those who have few or commonly held assets, shopping around for mass-market insurance and finding the lowest price for good coverage is all that is needed. But for those with more or unique assets, it’s more complicated. Mass-market insurers usually limit the...
Mortgage Lenders Required to Accept Private Flood Insurance Coverage
Flood insurance coverage has long been a source of frustration for both insurance agents and homeowners alike, fraught with arcane rules, coverage gaps, low coverage limits, and often large deductibles. Until recently, most flood insurance policies were written...
Cancelling A NFIP Flood Insurance Policy
Private Flood Insurance & Cancelling FEMA Flood PolicyNFIP Cancellation Reason Code 26Changes that became effective October 1st, 2018 (updated April 2019), are still in effect and provide flood insurance customers with greater freedom to choose their own...
Coastal Insurance Solutions’ Chief Executive David W. Clausen Wins IBA’s Top Producer Award
LONG ISLAND, N.Y. (PRWEB) APRIL 22, 2019 David W. Clausen, CEO of Coastal Insurance Solutions was named one of the Top Producers by Insurance Business America - an award that honors the highest-performing insurance professionals from across the country. Clausen was...
How Much Does it Cost to Insure a Multimillion-Dollar Home?
The cost of a multimillion dollar homeowners insurance policy is influenced by various factors such as the location and construction type of the home, year built, credit score, loss history, deductible, discounts, and most importantly the cost to rebuild...
Flood Insurance Rules and Changes for 2019
For the new year, FEMA’s big changes from last year carry over, allowing consumers more freedom to choose their own provider for flood insurance. Details on new options are provided in the closing. For consumers choosing to keep or purchase policies provided...
Private Flood Insurance – A Complete Guide for Homeowners
If you live in a coastal state like Florida, New York, New Jersey, Connecticut or California, you may wonder if you need flood insurance for your home. Even if flood insurance is not mandated by your mortgage company, it’s a wise investment to protect your home and...
5 Best Insurance Companies for Luxury Condos & Co-ops in NYC
Do you own a high-end condo or upscale co-op in New York City? Are you looking for the best insurance companies for luxury condos & co-ops in NYC? Knowing what to look for in companies that offer luxury insurance packages, including coverage for upgraded condos...