Articles Tagged with Insurance

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Insurance is financial protection for the unexpected.

An insurance coverage is supposed to guarantee peace of mind. Even though no amount of money can undo an accident, a strong policy can, at the very least, ensure that victims have a way to obtain relief without having to hire a lawyer and take them to court.

If an insurance company wants to stay competitive and turn a profit, it cannot pay more in claims than it takes in premiums. The less money an insurer spends resolving claims, the more profitable it is.

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Buffalo’s roads are not always safe.

According to a recent Allstate report, Buffalo’s accident rate hovers more than 33% above the national average. In fact, crashes are so common that the New York Department of Health has identified motor vehicle collisions as a leading cause of preventable hospitalizations among Erie County residents.

Accidents can happen anywhere in the city, but some streets are more dangerous than others.

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Uber has completely changed the way that people travel.

It was not all that long ago that getting home from the airport or going out on the town with friends meant flipping through the phone book and calling a cab. Today, rideshare companies like Uber have a presence across New York state, with drivers plying the roads in just about every big city between Buffalo and the Five Boroughs.

Most Uber rides begin and end without incident, but accidents are not uncommon.

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Most people think of New York as a no-fault state. However, no-fault coverage has limitations, and it does not apply to every vehicle. Motorcycles, for instance, are typically exempt from no-fault insurance. In other words, if you are injured, you cannot expect the same support you would receive after a car accident. Your insurer might still be liable to pay benefits for any additional motorcycle coverage that you have already purchased, but they probably would not provide the level of compensation you would expect from a standard no-fault claim.

No-Fault Insurance In New York

New York is a no-fault state, which means that accident victims are usually expected to file a claim with their own insurance company after an accident. Even if you were found at fault for an accident, you are entitled to receive certain benefits, including:

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