Term Life Insurance Explained to Help You Make a Choice

Posted on September 30, 2021October 5, 2021 by admin

Are you interested in life insurance but don’t know the difference between term life and whole life? You aren’t alone. Thankfully, we at Bajorek Agency Inc can help Rochester, NY residents understand their term life insurance policies and how they help them.

The Nature of Term life Insurance

Term life insurance refers to a set policy for a specific number of years or a term. For example, you may get a policy for 15-20 years that helps to cover your expenses if you pass away. However, if you did not upgrade your insurance before it lapses, and you pass away after the term is over, you do not get paid. This limitation may make term policies seem unappealing in many ways.

However, term policies do have benefits worth considering. First, they are often easier to get than many whole life insurance policies. And they often have lower premiums as well. Most importantly, people who may have health issues or other complications may find that a term policy is a good choice because they may only have a limited number of years left before they may pass.

Typically, there are many levels of term life insurance, including level premium, annual renewable policies, guaranteed or simplified, and convertible policies. The options available to you will vary based on your health, the money you can spend on a policy, and more. In this way, it is critical to stay in touch with your provider to learn more.

Don’t Neglect Your Coverage

Please reach out to us at Bajorek Agency Inc if you live in the Rochester, NY, area and need insurance. We’ll do what we can to help you and provide you with a coverage option that makes sense for your needs as a person.

How Driving Habits Affect Car Insurance Choices

Posted on August 16, 2021August 1, 2021 by admin

Your driving habits have a significant influence on the type of auto insurance policy you should purchase. Additionally, your driving habits can affect your Rochester, NY insurance premiums. Continue reading to learn more about how your driving habits affect your insurance choices. Then give the experts at Bajorek Agency Inc to discuss your options and which ones are best for your driving habits.

How Much Auto Insurance Should I Purchase?

First things first. You must purchase the required amount of auto insurance set forth by New York state laws. The amount of insurance needed for the state includes purchasing liability coverage, including bodily injury, and coverage to pay for damage to vehicles involved in a crash. The second thing you must consider is how old your vehicle is. The newer your car is, the more coverage you may want to purchase. Finally, you might want to consider how much money you have to pay for repair and expenses in the event of an accident. If you cannot pay for repairs in one lump sum, you may want to purchase a policy with a lower deductible and provide more coverage.

How Do My Driving Habits Affect How Much I Should Purchase?

If you practice safe driving habits, such as following speed limits and being a defensive driver, you may be able to purchase less insurance coverage. However, if you are a more aggressive driver, have been in a lot of accidents, or have many tickets, you may want to purchase more coverage. Additionally, if you drive infrequently or are the only person driving your vehicle, you might be able to decrease your insurance coverage.

You may want to consider increasing your insurance coverage if you drive a lot and in high-risk areas where you are more likely to get in an accident or have your car stolen.

Drivers in Rochester, NY should evaluate their driving habits and then call Bajorek Agency Inc to discuss auto insurance options.

How To Compare Small Business Insurance Quotes

Posted on July 28, 2021August 1, 2021 by admin

As a business owner in Rochester, NY you realize how important it is to have the right commercial insurance coverage. But, the process of making sure you’re properly insured can seem overwhelming and confusing.

Follow these 4 helpful tips on how to compare small business insurance quotes.

First, find a reputable commercial insurance carrier. Don’t trust just anyone with your company’s insurance. The reliable and knowledgeable small business insurance agents at Bajorek Agency Inc. are ready and able to help.
Look at more than just the rates. If the rates are super low, there is probably a reason that you don’t want to find out after a catastrophe hits. If the policy costs a lot less than competitors, there may be a hidden and unpleasant secret as to why. Your agent can talk to you about getting the coverage you need while lowering costs by bundling policies, choosing higher deductibles, or paying annually instead of monthly.
The purpose of insurance is to make sure you are covered for financial loss. Make sure you know exactly what is covered and what is not so there are no unpleasant, disastrous surprises awaiting you.
Understand policy terms, deductibles, and limits. If you don’t work in the insurance industry, the terminology can seem daunting. Make sure you understand what each of the terms means. For instance, did you know there are two types of limits? One is per occurrence, and the other is aggregate. Per occurrence is the highest amount the insurance pays per claim. While, the aggregate is the total amount paid within a period, usually a year, for all of your claims combined.

Let Bajorek Agency Inc. serving Rochester, NY help walk you through your commercial insurance needs to make sure your business is covered.

Guide To Help New York Homeowners Find The Right Policy

Posted on June 24, 2021June 24, 2021 by admin

Bajorek Agency Inc serves the Rochester, NY community. We strive to help our clients find the coverage they need to enjoy a comfortable life. We will sit down with you and assess your needs so that you can find a policy specifically designed to protect you.

Home Insurance Guide

Home insurance helps you protect one of your most significant investments. Your Rochester, NY home is your sanctuary. It’s the place where you store your possessions and enjoy peace of mind. Home insurance covers any damage to the interior and exterior of your home. If there is significant damage to your home due to a fire or natural disaster, you can add alternative lodging coverage to your policy. Alternative lodging coverage protects you as you look for another place to stay while your home is repaired. If you have any attached structures on your property, such as a garage or shed, those are also protected through your policy.

All of your personal items inside your home are covered if they are stolen or vandalized. It’s a good idea to take inventory so that you will have a clear idea of how valuable your possessions are. If you have any rare luxury items, you’ll need to add extra coverage in order to fully protect those items if they are stolen or damaged.

Liability coverage is a significant part of your policy. Like many others, perhaps you enjoy having friends and family over to your home. If one of your guests gets hurt on your property, liability insurance will cover you. If you are doing some landscaping, and you accidentally cause damage to your neighbor’s property, liability coverage will protect you against possible legal action.

Bajorek Agency Inc Will Help You Cover Your Assets

Visit our website today to learn more information about home insurance.

Is Your New York Classic Car Underinsured?

Posted on May 28, 2021May 28, 2021 by admin

Living in the north, we’re no strangers to intense storms and natural disasters: Rochester, NY, alone, experiences blizzards, hurricanes, and flooding. The worst flooding happened in 1865, leaving one-fourth of the city underwater. Flooding and storms still occur today. Classic cars receive damage from these storms and disasters every time they happen. At Bajorek Agency Inc, we understand the need to protect the significant investment made in classic cars.

Minimum Liability Coverage Requirements

All vehicles driven in New York must carry a minimum amount of liability coverage. Coverage must include:

$10,000 property damage per accident
$25,000 bodily injury per accident
$50,000 for the death of one person involved per accident
$50,000 bodily injury for two or more people per accident
$100,000 for the death of two or more individuals per accident

Specialty Insurance Providers Navigate Nuances

General insurance providers may not specialize in all the ins and outs of classic vehicles. After damage occurs, the general insurance provider may only opt to reimburse you for the vehicle’s blue book value based on the year, make, and model. A specialty insurance provider understands the time put into these vehicles and the replacement cost of custom parts.

Three Value Levels to Understand

There are three value definitions that insurance providers use to decide the amount of payment after a damage claim is made. These values are:

blue book value
stated value
agreed-upon value

Bluebook value goes off the year, make, and model of the car, regardless of the modifications or restoration. This definition usually provides the lowest insurance payouts. The stated value is the value given by the insurance provider guidelines to start as a baseline value. The premiums may be higher or lower based on the vehicle and its modifications. Agreed-upon value offers a guaranteed minimum amount of payout when a claim is processed, which can help replace custom and hard-to-find parts.

Contact Bajorek Agency Inc

Faithfully serving Rochester NY, and the surrounding areas, Bajorek Agency Inc is happy to help you pick proper protection for your New York classic car coverage needs. Contact us today for a free quote!

3 Areas Covered By Your Motorcycle Insurance

Posted on April 26, 2021April 26, 2021 by admin

Rochester, NY is a fantastic place to call home. This area provides residents with plenty of experiences and opportunities to explore New York City and the surrounding areas. If you are down to explore the area, getting a motorcycle could be a righteous idea, but you should make sure you get motorcycle insurance from Bajorek Agency Inc. before hitting the road.

Obtaining motorcycle insurance not only gives you peace of mind while riding but covers the below areas.

Your asset

When keeping count of your assets, your motorcycle should be somewhere among the top investments you own. Why? Because you have put money on it and because your bike serves you in many ways, like running errands, exploring the city, and so forth. With this in mind, you wouldn’t want anything to damage your valued asset.

Motorcycle insurance covers damages or replacement of your bike if you are involved in an accident. Even in theft, vandalism, or fire damage, comprehensive motorcycle insurance can save the day by replacing your bike up to the policy limit.

Liability

Another important reason you need to obtain motorcycle insurance is to protect you against liabilities, which can land you in financial ruin. Accidents do happen regardless of how careful you are on the road. That said, there is always a risk that you can cause damage or bodily injury when riding your bike.

Fortunately, when you are carrying motorcycle insurance, you don’t have to cover medical costs, legal costs, and property damage costs from your pocket. Your insurance can pay for these costs up to your liability limit.

Motorcycle insurance in New York

Are you searching for motorcycle insurance? You are on the right track because you comply with New York laws and protect yourself and the bike when you carry motorcycle insurance. At Bajorek Agency Inc., we can help you get the right motorcycle coverage. All you need is to contact us today, and we shall handle the rest.

Who needs to get a life insurance plan?

Posted on March 28, 2021March 28, 2021 by admin

Those that live in the Rochester, NY area need to spend time assessing their personal insurance needs. Life insurance is a type of insurance protection that people here should consider. Those that obtain a quality life insurance plan can offer protection to those that they care about. There are several situations when someone may need this protection.

When Trying to Provide Financial Protection

A primary reason people will want to get life insurance is to provide financial protection for those they care about. If you have people in your life that you care about, it is a good idea to make sure they will be cared for if you were to pass away unexpectedly. You can build a life insurance plan that will include a death benefit that is sufficient to cover their future expenses, including costs of higher education or even fund retirement.

When Looking to New Investment Alternative

You should also consider getting a life insurance plan if you want an investment alternative. A good life insurance option for some people is to get whole life insurance. With this coverage, some of your monthly payments will go into an account that could grow in value with interest. Eventually, this will add up to a significant amount of money that you can liquidate.

If you are going to get a life insurance plan in the Rochester, NY area, it is important to speak with someone that understands this complex form of insurance. As you are looking for a new plan, it would be a good idea to call Bajorek Agency Inc. The team with Bajorek Agency Inc understands how important and valuable this coverage is. They can take a personalized approach to help you build a plan that is ideal for you.

Making Your Car Safe Before a Road Trip

Posted on February 24, 2021February 24, 2021 by admin

Road trips can be the ultimate vacation experience… as long as that experience doesn’t leave you stranded on the side of the road, far from your home near Rochester, NY. By taking some time to make sure your care is safe before you head out on your road trip, you can travel with peace of mind and a lower likelihood you’ll be stricken with car trouble along the way. At Bajorek Agency Inc, we’ve put together a list of things you can do to check over your car before your next road trip.

Fill ‘er Up

This doesn’t mean just the gas tank, either. Check your vehicle’s levels, including windshield washer fluid, oil, and tire pressure. Make sure everything is filled up before you hit the road.

Create an Emergency Kit

A car emergency kit might include flares, jumper cables, a warm blanket, a flashlight, and a well-stocked first aid kit. If you are traveling with kids or babies, be sure to include extra snacks, diapers, and formula. For people who are ahead of the game and already have an emergency kit, check to make sure it’s stocked and nothing is expired.

Get an Inspection

It doesn’t hurt to have a mechanic check over your car, particularly if you are nearing your Rochester, NY inspection date. A mechanic might notice things that need to be fixed before you hit the road.

Before you embark on your road trip, these simple steps will help your car be in tip-top shape, and of course, don’t forget about car insurance as well. If something does happen to your car while you’re on the road and you get into an accident, you’ll definitely need to pull out your insurance papers. Give us a call at Bajorek Agency Inc today if you have questions about auto insurance or would like to purchase a policy.

Can Commercial Insurance Help My Business?

Posted on January 28, 2021January 28, 2021 by admin

There are more than a few ways to invest in a business. If you are the owner of a company, one of the best moves you can make is to protect your company with business insurance, commonly referred to as commercial insurance. Here at the Bajorek Agency Inc., serving the Rochester, NY area, we’d like to help you understand just how important it is to invest in business insurance.

How Does Commercial Insurance Work?

Business insurance is available in several forms. For some, business income insurance is what comes to mind when thinking about commercial insurance. With this type of insurance, you can rest easy knowing your income is protected if something happened to your business and you can’t generate revenue.

Another type of business insurance is professional liability insurance. This type of policy is essential in helping protect your company from lawsuits and errors made by employees providing services. If you would like to see what type of commercial insurance can benefit your company, it’s vital to speak with an insurance agent who has helped other clients with their commercial insurance needs. Do keep in mind that depending on the type of business you operate, the law must be required for you to have some commercial insurance policy. An insurance agent can help you understand whether it’s required or not.

Final Thoughts

Contact the Bajorek Agency Inc., serving the Rochester, NY area, today. One of our experienced insurance agents can help you assess your exact commercial insurance needs. Once your needs are pinpointed, one of our agents can help you customize an insurance plan. Call us now!

What are the main advantages of getting home insurance in New York?

Posted on December 24, 2020December 24, 2020 by admin

People that are in the Rochester, NY area should consider purchasing their next home. When you buy a property here, you need to make sure that you get proper insurance. Several advantages come when you do choose a proper home insurance policy.

Coverage for Your Asset

One of the key benefits and advantages of receiving home insurance in this state is that you will get coverage for your asset. Your home is likely the most valuable asset that you will ever own. Due to your property’s importance and value, you need to make sure that you have properly protected with insurance. When you have a full home insurance policy here, it will give the coverage needed to repair or even replace your home.

Protection Against Liability Risk

All people have some level of personal liability risk that they need to consider when looking for insurance. When you get a full home insurance policy, it will provide you with some personal liability coverage. This type of insurance could give coverage for various scenarios that could result in a liability claim, including if a guest is hurt while they are on your property.

As you are looking for a home insurance policy in the Rochester, NY area, you will want to make sure that you get the needed guidance to understand your options fully. The team at Bajorek Agency Inc. will help you choose the right policy for your situation. When you work with Bajorek Agency Inc., you will receive personalized guidance that can help you understand your needs and options. This guide will help you choose a policy that is ideal for your situation.

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