Do you remember your first job? Your first car? Your first home or apartment?

How has your life changed since then? In a word, significantly. While you’re likely to be driving a more expensive car or living in a bigger home, you may have also started a family. Now ask yourself: How well protected are my assets?

At Ruchman Associates, we can help you select the right coverages to protect your family's assets.

Homeowner's and renter's insurance

Properly protecting your home and its contents is basic to your family's financial well being.

Policies are available for those who own a home, coop or condo, and for those who rent. Coverage will include the portion of the physical structure(s) that you own and your personal property. Your policy will also provide liability protection if others are injured on your property, and living expenses if your home is damaged or destroyed.

There are several essential coverages that are specifically excluded from a homeowners policy, and require a separate policy or endorsement:

• Flood insurance must be purchased separately (see below).
• Coverage for valuables such as jewelry or works of art is severely limited unless covered by a separate endorsement.
• Many hazards associated with a home business are not covered without a special endorsement.

Flood insurance

You don't have to live near water to be at risk for flooding.

Flooding can occur nearly anywhere. Unchecked construction on former woodlands coupled with changing weather patterns has resulted in more widespread and severe flooding than ever before. Dangerous flooding, resulting in costly property damage, doesn't always require dramatic, rushing waters. Just a single inch of water can cause extensive damage to your home.

We can secure flood insurance that will protect your home, for a premium that is surprisingly affordable. Please call our office for details.

Automobile insurance

Most people are aware that substantial coverage limits are required to protect against the large awards being handed down by juries. What you may not know is that adequate uninsured motorist coverage is necessary to protect you in the event that the other driver does not have proper insurance coverage.

We can guide you through this and other complexities of today's auto policies, to ensure that you have the protection you need, without paying for costly coverages that are not necessary.

Our approach

In order to provide you with the best protection at an affordable price, we analyze your specific needs, claim history, financial situation and goals, and match them with our insurance carriers’ policies. Then we use a computerized system to complete a comprehensive rate and coverage comparison. This enables us to make sure the client is getting the best coverage at a competitive rate.

To learn more about insurance coverage for personal property or to obtain a quote, contact us by phone at (516) 764-8330 or by email info@ruchmanins.com