TNC/Ridesharing has become a popular trend over the past year. However, many consumers have unanswered questions when it comes to ridesharing and insurance.
What is a “TNC”?
TNC stands for “Transportation Network Company”. TNC’s are the companies that offer a ridesharing service. Companies such as Uber and Lyft are examples of popular “TNCs”.
What is “Ridesharing”?
Ridesharing is the use of a personal, non-commercial, privately owned vehicle to provide pre-arranged transportation to others. Passengers request a ride though the Transportation Networks app.
What is a “TNC Driver”?
A TNC Driver is someone who uses their personal, non-commercial vehicle to provide rides for others.
Who must provide insurance for the TNC Driver?
New York State law requires that a TNC provide primary insurance coverage for their drivers through a group policy. TNC drivers are able to obtain their own insurance but must meet the same insurance requirements as the TNC is required to provide.
What are the required minimum limits of insurance?
Bodily Injury Liability: $75,000/$150,000
Property Damage: $25,000
Uninsured Motorist: $25,000/$50,000
Personal Injury Protection $50,000
Will the TNC Driver’s personal automobile policy provide physical damage coverage?
No! The TNC driver’s personal automobile policy will only provide physical damage coverage if an insurer provides the coverage for a TNC drivers vehicle through an endorsement.
Is there an age and licensing requirements to become a TNC driver?
Yes, New York State law requires that TNC drivers must be at least 19 years old and hold a valid and current New York State driver’s license issued by the New York State DMV.
Are there any requirements to become a TNC driver?
Yes, the New York State DMV requires that the TNC conduct a criminal history background check along with a review of the applicant’s driving record. TNC’s must also verify that the applicants vehicles are properly registered and inspected.
If you are a TNC driver or are thinking of becoming one and have questions regarding your insurance, please give us a call at (516) 249-5200 and one of our automobile specialist will be happy to assist you.
Written by: Amanda Haase
October is National Fire Prevention month. According to the NFPA U.S. fire departments responded to an estimated average of 358,300 home structure fires per year during 2010-2014, which represents three-quarters of all structure fires. $6.7 billion in direct damage, or 69% of total direct damage in structure fires.
A tragedy can strike at any time. Preparing cannot only save your life but it can help save others.
- Here are some tips that can help you when it comes to fires:
Be sure all of your smoke detectors and carbon monoxide detectors are working properly.
- Don’t use candles. Wax with wicks are the most common fire starters among house fires.
- Always have a fire extinguisher in an easy to reach place in the event of an emergency.
- Make sure there is a smoke detector outside of each bedroom.
- Avoid smoking inside your home. If you do smoke inside your home, use a metal canister with sand or water to put out cigarette butts.
- Don’t overload electrical outlets or surge bars.
- Prepare an evacuation plan with your family in the event of a fire. Be sure to have designated escape spots and a backup escape spots in case other spot are blocked from the fire.
- Protecting yourself and your loved ones from fire is important. Preparing now and knowing the basics can help save a life.
If you have questions regarding possible fire damages to your home, please call C.H. Edwards, Inc. today at (516) 249-5200 or visit our website at www.chedwards.net.
Written by: Amanda Haase
No one likes to think about dying, but when it comes to life insurance, you need to figure out who will get your money when it is your time. It is important to know what a beneficiary is and how your life insurance policy works after you are gone.
September is life insurance awareness month and C.H. Edwards, Inc. is here to help you understand the basics of life insurance.
What is a Beneficiary? Beneficiary is a term in a life insurance policy contract that recognizes who receives the benefits after a person’s death. The primary beneficiary is the first person who receives the benefits after you have passed. If your primary beneficiary is deceased, your contingent beneficiary would then receive your benefits. A contingent beneficiary is also known as your secondary beneficiary.
How to choose your beneficiary? Choosing the right beneficiary is important, but can also be challenging. Consider who you want to help after you are gone. This could be a spouse, child, niece, nephew, etc.. In short terms, your beneficiary should be someone you can trust with your money after you are gone.
It is never too early or too late to purchase a life insurance policy. Nearly 40% of consumers in the United States do not have life insurance coverage. Don’t wait another day!
For more information on life insurance, please give us a call at 516-249-5200.
Written by : Amanda Haase
When it comes to hurricanes, there are many terms used to describe their levels of strength, and the effect one can expect with it.
Here is what to listen for:
Hurricane Watch: An announcement that hurricane conditions (sustained winds of 74 mph or higher) are possible within the specified area in association with a tropical, subtropical, or post-tropical cyclone. During a watch, prepare your home and review a plan for evacuation in case warnings are issued.
Tropical Storm Watch: An announcement that tropical; storm conditions (sustained winds of 39 to 73 mph) are possible within a specified area within 48 hours in association with a tropical, subtropical or post tropical cyclone. During a watch, prepare your home and review a plan for evacuation in case warnings are issued.
Hurricane Warning: An announcement that hurricane conditions (sustained winds of 74 mph or higher) are expected somewhere within the specified area in association with a tropical, subtropical, or post-tropical cyclone. Because hurricane preparedness activities become difficult once winds reach tropical storm force, the hurricane warning is issued 36 hours in advance. The warning can remain in effect when dangerously high water or a combination of dangerously high water and waves continue, even though winds may be less than hurricane force.
Tropical Storm Warning: An announcement that tropical storm conditions (sustained winds of 39 to 73 mph) are expected somewhere within the specified area within 36 hours in association with a tropical, subtropical, or post-tropical cyclone.
Extreme Wind Warning: Extreme sustained winds of a major hurricane (115 mph or greater), usually associated with the eyewall, are expected to begin within an hour. Take immediate shelter in the interior portion of a well-built structure.
Be aware that additional watches and warnings are issued to provide detailed information on specific threats such as flood and tornadoes. Local National Weather Service offices issue flash flood/flood watches and warnings as well as tornado warnings.
For more information on what damages are covered under your homeowners insurance due to a hurricane, please give us a call at (516) 249-5200.
Please be advised, flood damages are not covered under your standard homeowners insurance policy. A separate flood policy would be necessary. Call TODAY for a free quotation.
Written by: Amanda Haase
Everyone needs to be prepared for the unexpected. You, as well as your family and friends, will most likely not be together when a disaster strikes. How will you find each other? Will you know if your children or parents are safe?
Here are steps to take before a disaster happens to ensure you and your loved ones will be safe:
- Post emergency telephone numbers near the phone.
- Install safety features in your home, such as smoke alarms and fire extinguishers.
- Inspect your home for items that can move, fall, break or catch fire and correct them.
- Have your family learn basic safety measures such as CPR and first aid, how to use a fire extinguisher and also how to turn off the main’s to your gas, water and electric in your home.
- Teach children how and when to call 911 in the event of an emergency.
- Prepare an emergency supply kit. Here are some important items to consider:
- At least a 3-days’ supply of water (one gallon per person per day).
- At least a 3 days’ supply of non-perishable food.
- One change of clothing and shoes per person.
- One blanket or sleeping bag per person.
- First aid kit.
- Emergency tools.
- Extra set of car keys.
- Credit card and cash.
- Special items for infants, elderly or disabled family members.
- Prescription and non-prescription medications.
Last but not least, practice and maintain your plan with your loved ones.
Written by: Amanda Haase
It’s that time of year again, where your dinner and party plans have you heading to your kitchen instead of the grill.
Before you shut down and pack up the grill for the season, it is important to clean your grill to prepare it for storage and next year’s use.
Here are some helpful tips:
- Use a warm bucket of water and soap with a steel brush to clean your grill.
- Avoid using abrasive cleaners and tools. This could reverse your essential goal and harm your grill!
- Clean up all oil spills and food drippings.
- Once you have scrubbed all of the dirty areas, be sure to wipe everything down one more time with your warm soap water.
- Purchase a protective case/cover for your grill. This will help avoid damage and rust over the winter months.
- Store your grill somewhere safe and dry. Perhaps your shed or even under your deck.
Simple end of the year cleaning will go a long way when it comes to ensuring the life of your grill.
Written by: Amanda Haase