Protect Your New Business with Commercial Insurance

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Congratulations! You’ve gone into business for yourself. No more bosses or time clocks! Except now if a mistake occurs, it is all on you. Did you insure your new company, protecting your ability to remain operating in the case of accident or disaster? Are your personal assets protected from business decisions, good or bad? If the answer is no, you might want to think about commercial insurance products from E.S.T.I.R. Inc. 

Loss of Company Building

Fires and major storms will happen. Should the property burn down that your new business is located in, how will you rebuild? With the right protection in place, you will be able to replace or relocate and start sending out product to your anxious customers once again.  Otherwise, your dream that you invested all your money and effort into will simply vanish in a column of smoke.

No Business During Construction

Should the aging road outside your property undergo badly needed repairs by the state, how will you get patrons to your front door or your product out? With no commerce happening during the fragile first few years of operation, how likely is it that you could survive a month or two of lost income?  Commercial insurance can provide enough cash during an interruption in business to protect your most valuable asset.

Replace Damaged Equipment

The industrial press needed to build your business cost almost as much as the building.  Should it fail due to vandalism without warranty, where are you going to raise the capital to replace it? Your capital equipment would be protected with the right policy.

E.S.T.I.R. Inc. has all the commercial insurance products needed to ensure your new business can flourish for years to come. Give them a call today.

Why You Should Review Your Home Insurance Annually

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It’s easy to purchase home insurance and forget it. After getting the coverage, it’s done, right? Wrong. The insurance industry is a dynamic industry. Changes can take place at any given moment. As a result of that, you should seriously consider analyzing your home insurance policy at least once a year.

Industry Changes Can Trigger Policy Changes

The insurance industry is one of the largest industries in the United States. As such, they can effect laws governing insurance regulations within Newark, NJ. Since laws affecting your policy can become effective during your policy, the sooner you are aware of the change, the better off you will be. For instance, if you don’t get an annual review, it’s possible for you to remain uninformed about changes concerning what is covered in your policy. Or worst, after experiencing a loss, you find out it’s not covered by your policy.

Reviews Can Uncover Savings or Additional Features

One of the main reasons you should consider getting an annual review of your home insurance policy is to save money. The insurance industry is highly competitive. Increased competition drives prices down. By getting an annual review, you may find that you are eligible to receive a discount. Additionally, you may find that your insurance company is rewarding your loyalty by giving you extra features for the same rate.

Cover Your Home Thoroughly

As a homeowner, you make improvements on your home throughout the year. You may add more room onto your garage or an additional bedroom. Without informing your insurance company, they wouldn’t know you improved your home. Your annual review is a great time to ensure that all the upgrades you made to your home are covered by your home insurance.

At E.S.T.I.R. Inc. we encourage our customers to schedule an annual review. Our licensed insurance agents are more than happy to review your policy to ensure you have the home insurance you need in the event of a loss. Give us a call today to schedule your annual review.

Different Kinds of Auto Insurance to Consider

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When it comes to finding the right kind of auto insurance in and around Newark, NJ there are many different options available to you. You simply need to decide which kind of auto insurance is right for you. At E.S.T.I.R. Inc. we are here to show you all of the available options so you can decide what sort of coverage works for your particular budget and your driving needs. 

Liability Insurance

This form of auto insurance will protect you in the event of a car accident when it is deemed to be your fault for the accident. This is generally going to cover the cost of auto repairs for the property and other damage the other vehicle and property owners have sustained. 

Comprehensive Insurance

This is a kind of insurance coverage that will protect you from accidents that are not related to actual driving. For example, it can protect you from weather damage, like a tree falling onto your vehicle. It also covers your vehicle if you hit a deer while out driving or if the vehicle is stolen. You never know when such an incident might take place, so this is an insurance coverage that often is recommended. 

Collision Insurance

Collision insurance is a form of coverage that pays to have your vehicle repaired in the event of an accident. It will also cover your vehicle if it is totaled in an accident and you need to have it replaced. 

Underinsured/Uninsured Coverage

Everyone is required to have auto insurance while driving on roads in New Jersey. However, with that said, people still drive without this coverage. This generally ends up costing a driver such as yourself. In order to protect yourself in the event you are in an accident with such an individual, you should consider this insurance.