Tag Archives: E.S.T.I.R. Inc.

What kind of commercial insurance does my business need?

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When someone asks if your Bloomfield, NJ business has a commercial insurance policy, you might think there’s only one policy type. More than 25 types of commercial insurance exist, and this blog explains the specialized insurance policies needed by the different types of businesses, such as dentists, medical doctors, lawyers, dance studios, etc.

E.S.T.I.R. Inc. offers all types of commercial insurance, including business owners’ policies, called BOPs in the industry. Commercial insurance involves many coverage aspects, each with its own policy.

Business Vehicles

If you primarily drive your auto for business purposes, you need to cover it with commercial automotive coverage. This protects your liability for causing an accident and your vehicle if you choose full coverage. Obtain a fleet policy if your business owns or leases more than one vehicle.

Truckers, we also offer the commercial coverage you need, including trucking liability and bobtail insurance. Let us help you properly insure your truck’s cab, trailer, loads, and personal use.

Malpractice and E&O

Individuals in the medical profession need medical malpractice insurance to protect their liability. This type of coverage ensures that they’re insured if something goes wrong during surgery or they misdiagnose a disease. Errors and omissions (E&O) insurance covers their liability if a medical device they created does harm. Examples of this include dental braces, prosthetic limbs, and implants.

Glass Insurance

Stores with storefronts of plate glass require glass coverage. A dance studio would also need this type of coverage to insure its mirrors that line the rehearsal floor. Gyms and retail stores typically purchase this insurance, too. Both locations contain significant amounts of glass as windows and mirrors.

Lawyers Need Liability Coverage

Lawyers must also purchase special business liability coverage called malpractice, but theirs focuses on legal malpractice. Both lawyers and medical practitioners typically hire staff, so they also need workers’ compensation coverage.

Contact E.S.T.I.R. Inc. Today

With more than 25 types of commercial insurance to cover your Bloomfield, NJ business, only a consultation with E.S.T.I.R. Inc. via Zoom or in person can uncover the types of insurance you need.

What Are the Key Types of Coverage of Home Insurance?

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As a homeowner, you understand the necessity and importance of home insurance. It protects homes and homeowners’ personal belongings. This insurance aims to provide financial protection from various accidents and disasters. 

Typical home insurance includes the following coverages: 

  • Dwelling coverage. It provides the structure of a home, including the walls, floors, ceilings, and built-in appliances. It covers various perils, such as vandalism, fire, theft, and more. 
  • Personal liability. The purpose of this coverage is to cover costs if your visitor or guest sustains an injury on your property. It also provides property damage coverage. 
  • Contents coverage. It protects your personal belongings, including furniture and clothing. If a covered incident occurs and you file a claim, an insurance company will cover the value of these items.

However, it is essential to understand that standard home insurance does not cover everything and has limitations. Therefore, to ensure that you, your property, and your personal belongings are fully protected, it is also recommended to carry additional coverages. The most common optional coverages that you may want to consider include the following: 

  • Flood insurance. It protects your home and personal belongings from flood-related damage. Flood insurance is highly recommended if you live in an area prone to flooding. 
  • Earthquake insurance. It covers your home if an earthquake occurs and causes damage. It is a separate policy with its own deductible. 
  • Umbrella insurance. It provides additional coverage for property damage, bodily injury, and personal injury to others. Umbrella insurance kicks in when the liability limits on your home insurance have been exhausted. 

E.S.T.I.R. Inc. – Your Reliable and Trustworthy Insurance Company in New Jersey

Are you a homeowner from New Jersey and shopping for home insurance to protect your precious property and personal belongings? Do not hesitate to contact E.S.T.I.R. Inc. – an insurance company serving clients in Bloomfield, NJ, specializing in different types of insurance, including home insurance. If you have any questions or want to discuss our insurance options, please feel free to call us. 

Car Insurance and Summer Vacation: Know Before You Go

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When planning your dream summer vacation, it can be easy to overlook the boring logistics, like ensuring you have the insurance coverage you need. If you’re planning on getting to your destination by car, it’s vital that you take a moment to have a closer look at your auto insurance policy. Doing so can save you stress ahead of time should there be a problem while on the road.

Many Bloomfield, NJ residents don’t realize that their policy likely only covers themselves and their car, not their passengers or co-driver. If you plan on taking a long road trip and splitting the drive time between yourself and someone else, be sure that your insurance policy covers any accidents or damage that may occur when you’re not behind the wheel. You may also want to be sure that your policy will cover your passengers’ medical expenses should there be a severe accident.

Now say you have a flat tire or a mechanical problem with your car. Does your policy offer roadside assistance coverage? If not, you may want to add it. If so, it’s best to look over the specifics of the policy to ensure that the amount of coverage is appropriate to the situations you may find yourself in. You don’t want to find yourself on a stretch of farmland with a policy that only covers towing within three miles!

Ensure You Have the Coverage You Need With Help From E.S.T.I.R. Inc.

If you have concerns about your auto insurance policy before your next vacation, contact E.S.T.I.R. Inc. today! Bloomfield, NJ residents have been trusting our team to find the right coverage for them since 1999. Don’t wait! Our dedicated agents would be happy to serve you.

Do Online Service Providers Need Commercial Insurance?

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Any individual offering a product or service to the general public should have adequate commercial insurance. Anyone living in the Bloomfield, NJ, area can count on E.S.T.I.R. Inc. to provide the right commercial insurance to suit their specific situation.

Commercial Insurance Protection 

Commercial Insurance is a necessary tool for anyone operating a business. Commercial insurance is essential for individuals owning brick-and-mortar stores, mobile companies, and online businesses. Those operating in the online climate need the correct type of commercial insurance to protect them from various online risks and issues.

Our team can work directly with each customer to learn more about their specific business needs and then match them with top-quality insurance options with the highest coverage level.

The goal is to protect business owners and avoid gaps and coverage. We take the time to explain the fine print and ensure the customer understands the limits of their policy and what’s covered. We can assist with securing the policy, making any necessary adjustments during the policy’s lifetime, and even claim submissions. We strive to provide complete customer service to help you rest easy. 

Call Us Today 

Securing commercial insurance doesn’t have to be a hassle. We proudly offer a full range of services to make securing commercial and service hassle-free. E.S.T.I.R. Inc. is standing by to provide the residents of Bloomfield, NJ, with the support and insurance services they need to protect the things that matter most. Call or stop by our office today to schedule a consultation or get answers to questions about our range of services. Find out how to get the peace of mind you need. 

Can a Contractor Operate a Business Without Contractor’s Insurance?

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Securing the proper insurance protection is essential if you’re a business owner. It’s imperative if you’re a contractor offering services to the public. Anyone interested in securing contractor’s insurance can count on the experts at E.S.T.I.R. Inc. We proudly offer Insurance products to the residents living in the Bloomfield, NJ, area.

Contractor’s Insurance 

An individual may have a contracting business without having insurance in place. However, that individual would be liable for any damages and fees associated with a liability claim. It’s essential to protect yourself and your business with top-quality contractor insurance.

This type of coverage helps protect the contractor from losses associated with job-specific risks. Anyone interested in securing this type of coverage can work with one of our expert insurance agents to learn more about their options and the terms and conditions for each policy. We work closely with contractors to determine their current and future needs and match them with insurance policies that meet and exceed those needs.

We offer a full range of customer service to help secure the policy, handle any changes during the policy’s lifetime, and claim submissions. We aim to help customers get the peace of mind they need to know they’re covered while performing daily tasks.

Reach Out Today 

If you would like to learn more about contractor’s insurance, you can count on the insurance professionals at E.S.T.I.R. Inc. We provide a range of insurance products and services to the customers of Bloomfield, NJ. Call or stop by our office today to schedule a consultation for services or to get answers to any questions or concerns. Be sure to get the contractor’s insurance coverage you need to prevent losses related to job risks.

What You Need to Know About Homeowners Insurance Cancellation

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If you own a home in Bloomfield, NJ, you know that having the proper homeowners insurance is essential. But what happens if your coverage is canceled? Is it possible for your policy to be canceled without warning? E.S.T.I.R. Inc. explains homeowners insurance cancellation and your options if it happens. 

When Can Homeowners Insurance Be Canceled? 

Homeowners’ insurance can be canceled for various reasons. Some of the most common are non-payment of premiums, filing too many claims within a short time, and making changes to the property that could increase the risk of damage or loss (such as installing a pool). Some insurance companies may cancel your policy for adopting certain breeds of pets. Another possibility is that the insurance company is going out of business. Sometimes, your insurer may cancel your policy for no specific reason—although this is rare. 

What Happens When Your Insurance Is Canceled? 

If your insurer decides to cancel your policy, they must provide you with written notice at least 30 days before the effective date of cancellation. The notice must include an explanation as to why the policy has been canceled. Depending on why your policy was canceled, you may have options such as switching insurers or negotiating a payment plan with your current company.  

Where Can I Get More Information About Homeowners Insurance Cancellation?   

E.S.T.I.R. Inc. provides comprehensive homeowners insurance coverageexplicitly tailoredy for Bloomfield, NJ residents. We can answer any questions about homeowners insurance cancellations and provide additional information about how best to protect yourself from unexpected cancellations or lapses in coverage. Contact us today for more information and details! 

 

How Tire Pressure Affects Car Safety

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Although having a solid auto insurance policy in place is important, your first line of defense should always be learning better ways to prevent accidents from happening in the first place. Here at E.S.T.I.R. Inc, serving Bloomfield, NJ, and the surrounding areas, we are committed to helping clients stay safe on the road. Keep reading to learn more about how tire pressure can affect your car’s safety. 

Tires and Safety 

Because your tires are the contact point between your vehicle and the road, the condition of your tires is of the utmost importance. You need always ensure that your tires are in the best and safest condition to keep your vehicle steady when traveling. Ignoring tire maintenance can lead to serious safety issues with your car. 

Overinflated Tires

When tires are overinflated, it can increase the risk of blowouts. A blowout takes place when a tire explodes while driving. This can create a very unsafe situation for you and other drivers on the road. It is straightforward to lose control of your vehicle during a blowout. This might cause you to hit another vehicle or object. 

Underinflated Tires

Underinflated tires are also a safety risk. When the tires are underinflated, you will not have the same type of control of the vehicle as when the tires are properly inflated. Riding on underinflated tires is also damaging to other aspects of your vehicle as well. 

Proper Inflation 

The proper amount of inflation will vary from vehicle to vehicle. Each vehicle will provide the recommended PSI for that vehicle, usually printed somewhere on the vehicle. You can easily look up the information online if you can’t find it on your vehicle. 

If you want to learn about our auto insurance services, please get in touch with us at E.S.T.I.R. Inc., which serves Bloomfield, NJ, and the surrounding areas. 

Choosing the Type of Business Interruption Insurance That Is Best for You

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Business interruption insurance replaces the revenue you lose when you are forced to temporarily stop your operations due to a covered event, such as a fire or storm. At E.S.T.I.R. Inc., serving Bloomfield, NJ, you can get business interruption insurance as part of your business owner’s policy or as a separate policy written for a specific set of perils.

What’s Covered by Business Interruption Insurance?

Business interruption insurance covers losses caused by specific events listed in the policy. Your business interruption insurance may cover:

  • The revenue your business would have taken in if you didn’t have to close
  • Mortgage payments
  • Utility payments
  • Payroll costs
  • Loan payments
  • Relocation costs, if you have to move to a new location
  • Training costs, if you lose employees while you are recovering from the event and you have to train new staff

Business interruption insurance does not cover the cost of repairing damage from the event. These are covered in your casualty insurance. (You will need separate coverage for flooding.) It won’t cover utilities because they are usually cut off when your business is closed. And it doesn’t cover income you don’t include in your financial statements.

Who Needs Business Interruption Insurance?

E.S.T.I.R. Inc., serving Princeton, Newark, Bloomfield, NJ, and all the communities in between, has a simple answer to this question: Everyone!

Generally, if you have fewer than 100 employees or revenues under $5 million per year, you can get the business interruption coverage you need in your business owner’s policy. Ask your agent at E.S.T.I.R. Inc. to be sure. You probably need a separate business interruption policy if you have a medium-sized or large business.

E.S.T.I.R. Inc., serving Bloomfield, NJ, can provide the insurance your business needs at a reasonable cost. Call us at (973) 481-5300 for more information and a quote.

Why Contractors Insurance is Vital for Your New Jersey Business

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All contractors in the state of New Jersey are required to carry contractor insurance. It’s an important requirement that protects you, your business, and your clients in an emergency or accident. While it can be a confusing process to get the right coverage, it’s essential that you do so to protect yourself, your employees, and your customers. Let’s inspect why contractors’ insurance in Bloomfield, NJ is vital to your business and is more than just a legal requirement. 

Why Does a Contractor Need Insurance? 

Contractors insurance helps protect you from legal action taken against you because of mistakes or accidents on the job site. This type of liability insurance covers medical expenses, property damage caused by employees, and other costs that may arise from an incident on the job site. It also covers potential legal fees associated with such incidents. This protection can help mitigate any financial losses that may result from such events. E.S.T.I.R. Inc. can help you sort through the policies and plans to find the best one for you and your business. 

What Type of Coverage Do I Need? 

The coverage you need depends on several factors, such as what type of work you do and who your customers are. Most contractors need general liability and workers’ compensation insurance if they have employees. Depending on the job and specific risks, additional types of coverage may be necessary.

For example, equipment coverage may be necessary if you use large machinery or other special tools. It’s also important to consider product and completed operations coverage, which covers damage caused by the work you have completed. 

If you’re looking for reliable contractor insurance in Bloomfield, NJ, that fits your needs and budget, contact E.S.T.I.R. Inc. today to see how we can help safeguard your business.

When Should You Update Your Home Insurance?

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It’s important to update your home insurance policy due to certain events. This ensures that you have the proper coverage. At E.S.T.I.R. Inc. in Bloomfield, NJ, we offer home insurance and other types of coverage. 

Renovations 

If you’ve just performed renovations or significant improvements on your home, you’ll need to update your homeowner’s policy. If your home is damaged or destroyed, the compensation you receive will be based on the value of your home. 

Renovations and other improvements increase the value of your home. Notifying your insurance company means you are covered for the current full value of your home.

Major Purchases 

Your homeowner’s policy also covers your possessions. However, some high-end items require a rider to provide adequate coverage. You should notify your insurance company if you just purchased a home theater system or expensive jewelry. 

Attractive Nuisances

A swimming pool is an excellent example of an attractive nuisance, but it’s not the only one. Other items, including playground equipment, treehouses, and trampolines, also fall into this category. 

 They can increase the value of your home. However, they can also affect your liability. Your premium may increase, and you may need to increase your liability coverage to protect your assets. 

Security System

You installed a security system because you want to keep your family safe. However, it’s also beneficial to your insurance company. It reduces the risk of property damage, fire, and other incidents that could trigger an insurance claim. For this reason, many insurance companies offer a discount on security features. 

Home Insurance with E.S.T.I.R. Inc.

If you need home insurance in Bloomfield, NJ, contact us at E.S.T.I.R. Inc. Our knowledgeable agents will discuss your coverage needs and help you select the best policy.