Does it make sense to add at-sea towing coverage to your boat policy?

Amsterdam, NY area boat owners can rely on the team at Kinowski Agency Inc. We are here to answer any questions that you may have and help you find a comprehensive boat policy that meets your needs. Give us a call today!

Benefits of at-sea towing coverage

No one wants to be stranded out at sea, but it is a reality for any boat owners who venture into open water. Even if you are close to shore, having an engine breakdown is no fun at all. There are a number of different situations where it is necessary to call for an at-sea towing service.

While necessary, these services are often very expensive. Many boat owners find it advisable to make sure that their boat policies include coverage for at-sea towing services. This add-on feature can help you avoid excessive out-of-pocket expenses when you need towing services.

Safety at sea is every boat owner’s number one priority. Having a breakdown or other mechanical difficulty at sea is not just inconvenient, it can also represent a serious safety risk. Before you head out on your next adventure, be sure that your current boat insurance policy provides the coverage and protection that you need.

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The Kinowski Agency Inc. team is proud to serve the insurance needs of the greater Amsterdam, NY community. If you are ready to upgrade your boat policy, we are here for you. Stop by our office or give us a call today to find out more about the boat insurance policy options that are available in our area.

5 Situations That Might Call for Umbrella Insurance

Most people are familiar with the basics of insurance coverage. You have your homeowner’s insurance, your health insurance, and your auto insurance. But what about umbrella insurance? Do you need it? And if so, what kind of situations would warrant a claim?

At Kinowski Agency Inc. in Amsterdam, NY, we want to make sure our clients are fully protected against any possible risks. That’s why we offer umbrella insurance as part of our comprehensive lineup of insurance products.

Here are five situations that might call for umbrella insurance:

1. You’re Sued for Libel or Slander

If you’re ever accused of libel or slander, you could be looking at a costly legal battle. Even if you win the case, the legal fees can add up quickly. Umbrella insurance can help cover those costs.

2. You’re Sued for Defamation

Defamation is a type of false accusation that can really damage your reputation. If you’re sued for defamation, umbrella insurance can help with both the legal fees and any damages you might be ordered to pay.

3. You Accidentally Injure Someone

Even if the injury is minor, an accident can still lead to a lawsuit. If you’re sued, umbrella insurance can help cover both the legal fees and any damages you might be ordered to pay. 

4. Your Pet Injures Someone

If your pet injures someone, you could be held liable — especially if the injury is severe. Once again, umbrella insurance can help with both the legal fees and any damages you might be ordered to pay. 

5. You Damage Property Belonging to Someone Else

Even if the damage is accidental, you could still be on the hook financially if it’s severe enough. In this case, umbrella insurance would help cover the cost of repairs or replacements up to your policy limit.

Get Umbrella Insurance Today

Umbrella coverage is designed to protect you from major financial losses. If you’re ever sued or held liable for an accident, umbrella insurance can help you pay for the legal fees and any damages you might be ordered. If you’re not sure whether or not you need umbrella insurance, contact Kinowski Agency Inc today. Our team in Amsterdam, NY will be happy to review your situation and recommend the best course of action for you moving forward.

Do You Have a Condo in New York? Protect it with Condo Insurance

If the answer is yes, you will need a condo insurance policy to protect the interior of the unit and your personal property inside. Professionals at the Kinowski Agency Inc. in Amsterdam, NY can explain the ins and outs of condo protection and why it is so important.

Condo Insurance: What You Need To Know

While most states do not require condo insurance, it is like homeowners’ insurance in that mortgage lenders want to ensure their financial interest is protected for the duration of the loan in the event of a mishap. Homeowners Associations (HOAs) often require a level of condo insurance also.

Condo insurance, or an H06 policy, is designed specifically for condominium units and typically covers items inside the unit. Condo association fees may cover some insurance needs, but an H06 policy is intended to fill the gaps.

While condo insurance covers personal property within the condo, certain high-value items may not be covered. You may want to consider a separate rider for high-ticket items such as furs, artwork, or jewelry. The insurance professionals at the Kinowski Agency can advise you.

In the event a guest or visitor is injured or bitten by your dog while visiting your condo, you may be faced with a liability claim. Condo insurance provides coverage for that claim.

What if your condo becomes uninhabitable for a duration of time? Broken pipes or flooding due to bad weather can make it necessary for you to vacate your property while repairs are being made.

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Condominium associations will have their own coverage for the exterior of the building and shared property. But your personal property is not covered. Don’t leave yourself open to financial disaster. Let the Kinowski Agency professionals in Amsterdam, NY answer all your questions. 

How Does The Death Benefits Work With Life Insurance?

When you purchase a life insurance policy, one of the benefits that you are likely most interested in is the death benefit. This is the amount of money that’ll be paid to your beneficiaries when you die.

It’s important to understand how the death benefit works before you purchase a policy. Here we discuss how the death benefit works and answer some common questions about it.

Life Insurance FAQs

1. How Is the Death Benefit Paid Out?

The death benefit from a life insurance policy is typically paid out in a lump sum to the beneficiaries you designate in your policy. Your beneficiaries can use the money however they see fit, and there are no taxes owed on the death benefit. It’s important to note that if you have a mortgage or other debts, the death benefit can be used to pay off those debts and provide financial security for your loved ones.

2. How Long Does It Take to Receive the Death Benefit?

In Amsterdam NY, the death benefit from a life insurance policy will be paid out within 30 days of the insurer receiving all of the required documentation. This includes a certified copy of the death certificate and a completed claim form. It’s important to ensure that your beneficiaries are aware of this time frame so they can plan accordingly.

3. Are There Any Circumstances Where the Death Benefit Wouldn’t Be Paid?

There are a few circumstances in which the death benefit from a life insurance policy wouldn’t be paid out. These include suicide within the first year of the policy, if the cause of death is excluded in the policy, or if you die as a result of criminal activity. It’s important to read your policy carefully so that you understand all of the circumstances in which the death benefit wouldn’t be paid out. Alternatively, talk to our agents at Kinowski Agency Inc in Amsterdam, NY for any clarification.

Give Us a Call

The death benefit from a life insurance policy is a valuable benefit that can provide financial security for your loved ones. Understanding how the death benefit works and what circumstances could prevent it from being paid out is essential.

If you have any questions about the death benefit policy, contact Kinowski Agency Inc in Amsterdam, NY. We’re here to help you understand your policy and ensure you have the coverage you need.

What Are Some Common Auto Insurance Myths?

Many people have certain misconceptions when it comes to their auto insurance. Whether you are shopping for new coverage or trying to save a few bucks, it can be helpful to know a couple. 

Understanding common myths and how they can affect your coverage could be the key to finding the best rate. For professional guidance in Amsterdam, NY and surrounding areas, contact Kinowski Agency Inc. 

Common Auto Insurance Myths 

Most people assume that the more expensive your policy, the more likely it is that you’ll be covered in the event of an accident. Many of these myths have been around for years, so it can be easy to think that they are true. 

One of the most common myths is that you need to drive 10,000 kilometres per year to maintain your car insurance. While this number is often printed on your policy, it is actually only a recommendation. 

There’s also a common misconception that you don’t need to purchase car insurance when you have a car. While there may be some liability coverage that your car might have, you still need to purchase liability insurance if you have a car. 

Another common myth is that you need to maintain a certain level of coverage to keep your car insurance valid. There are no laws mandating any specific level of coverage; however, it is always a good idea to have the most coverage that you can afford. Other myths include: 

  • The lower your deductible, the lower your premiums.
  • If you have been paying for years with no accidents or tickets, you can get away with canceling your policy 
  • Buying basic liability coverage will protect you in almost any accident.
  • You can get cheaper car insurance by switching to a different company or agent. 

Contact Us Today

There are a number of common myths related to auto insurance that could be holding you back from signing up with the right company. Seek advice from Kinowski Agency Inc., a company serving the greater Amsterdam, NY community.

Commercial insurance most businesses need to have

When it comes to protecting your business with commercial insurance, every business is not identical. Having an insurance agent who can help you to measure your risk level is important. You need coverage but having the right amount is where finesse is required. At  Kinowski Agency Inc. in Amsterdam, NY, as independent insurance agents, we work for our customers. We make sure we personalize our service to their needs.  

Commercial insurance most businesses need to have

Workers Compensation

In the state of New York just about all employers who have any employees, whether they are full-time or part-time, need to cover them with workers’ compensation insurance. This provides medical benefits as well as lost time coverage for an employee who is injured while doing their job.

Property Insurance

When it comes to commercial property insurance, it isn’t exactly like home property coverage. It is a combination of property and content, so it is useful even if you rent the building where your business is. If a peril strikes, would your business be able to survive it? It will if you have commercial property insurance so that you will be able to repair or replace the things you need to operate your business. 

Liability Insurance

In a world where legal actions are a common occurrence, it is important for the financial security of your business and assets to have the liability protection you need. It can be very expensive to dispute a case against you. Having liability insurance will make it easier to survive. Making sure you have enough liability insurance is vital. 

Business interruption insurance

When something bad happens to your business that is covered by your policy, business interruption insurance can help you to pay the normal operating expenses of your business even though you have no income coming in. 

Contact Kinowski Agency Inc. in Amsterdam, NY if you are in need of commercial insurance. 


When to review your home insurance policy

Many people take their home insurance for granted. It just renews every year, and you may not even look at the policy unless, for some reason, there is an increase in your premium that is enough to get your attention.  At Kinowski Agency Inc. in Amsterdam, NY, we think that part of our responsibility as your independent agent is to make sure your home policy meets your needs. 

When to review your home insurance policy

When your new policy is sent to you at the time of your renewal, the top sheet is the declaration page. This is a synopsis of your policy. That is the ideal time to review your coverage when you receive it. You can see your property coverage,  how much your liability insurance is, and the amount of deductible you have on your policy. You can also see any endorsements that you have on your policy and how much loss of use coverage you have. 

Do the figures make sense with what you know about your home? The content coverage and additional outbuildings are an automatic percentage that goes with the property amount.  It doesn’t include the value of the land. Have you done any major renovations? Have you added square footage? What are comparable homes in your neighborhood selling for? 

What is your deductible? Is it the right amount for you?  Has your net worth increased or added anything that may have increased your risk? Is your liability coverage adequate to protect your assets? You need to review if these have changed. 

Now, look at any endorsements you have. Has anything changed? Extra jewelry coverage, sewer backup, and earth movement are just a few of the endorsements you may have added to your policy.

Contact Kinowski Agency Inc. in Amsterdam, NY, when you are ready to review your home coverage.