Thanks to the area’s hot, humid, and occasionally cold weather, most condo units in New Orleans, LA, have HVAC equipment of some kind. If you own a condominium, you may want to know if your insurance covers them. The answers will vary depending on the type of condominium, the equipment it uses, and the condo association’s policies.
Many condos have separate HVAC equipment that only serves a specific unit, such as window air conditioners, exhaust fans, and electric baseboard heaters. An individual condominium owner’s policy typically covers this equipment because multiple owners don’t share it. While condo insurance covers several harmful events, such as fire and vandalism, separate flood insurance is needed if you live in a flood zone.
On the other hand, the entire building shares some HVAC equipment. The condo association’s master insurance policy would probably cover a central system, like a boiler or furnace. However, individual owners may be responsible for insuring parts of a centralized system installed inside their condo units (such as thermostats).
Causes of Damage
Keep in mind that insurance covers losses associated with certain unexpected incidents, such as theft. It doesn’t serve as an extended warranty, so you can’t file claims for things like routine HVAC maintenance, defects, or age-related failure. Depending on the type of system, you might be responsible for regular upkeep, or the association may handle it.
If you’re looking for reliable condo insurance or thinking about switching to a different carrier, MultiSurance can help. Our independent agency serves condominium owners throughout the Pelican State. We compare condo policies from an assortment of carriers to find the most desirable options for each customer. Please call 877-467-8310 to contact MultiSurance at our New Orleans, LA office.
When you are thinking about the role of life insurance in your life and your financial plans, you need to have an insurance agent you trust. At MultiSurance in New Orleans, LA, we understand the importance of life insurance, and we will be here to make recommendations and answer any questions you may have.
Impactful Life Events
When you buy a house
Buying a first house is, for many people, their first adult event, and at this point, it is time to start thinking like an adult and planning for the future. You also need to have a secure plan for your life and who will be responsible for your home and final plans if you pass away.
When you get married
When you get married, you need to take a look at your beneficiaries and how much life insurance both of you have. You not only need to provide for your partner, but you need to be provided for as well if it takes two incomes to maintain your lifestyle.
When you start a family
Having children is one of the biggest changes that will ever happen in your life. You take on responsibility for other lives for a minimum of 18 years and, in some cases, forever. This level of commitment requires life insurance to back it up. Making sure that your children are covered for the number of years you determine is necessary requires serious thought.
When you change jobs
Changing jobs means that your benefits change and if you are counting on the life insurance that you get as part of your job, you need to make sure that the amount is replaced at your new job. It is always best to consider this only as a supplement, not as your main life insurance.
Reach Out To Us
Contact us at MultiSurance in New Orleans, LA for your life insurance needs.
Motorists need to understand how important it is to make the right decisions when choosing auto insurance. If you’re looking for an auto insurance policy in New Orleans, LA, we can assist you at MultiSurance.
The following are four rules that you should follow when you buy auto insurance:
Understand what exclusions are in effect on your policy
There may be some exclusions in the effect of your policy. For example, your policy might exclude coverage if your vehicle is involved in an accident while someone other than you is driving.
Make sure you’re aware of any policy exclusions and address them by adding on the excluded coverage when possible.
Make sure you have an emergency fund to cover your deductible
Your insurance coverage kicks in after you file a claim when you pay the deductible. This makes it very important for you to have at least the deductible amount available in an emergency fund so that you’re prepared when accidents happen.
Explore your options
You need to shop around and get quotes from several auto insurance companies if you want to get the best policy available. Research auto insurance providers in your area and choose a few companies to get a quote from. You can then evaluate the quotes you get and decide which option is best for your situation.
Consider changes to your auto insurance needs as time goes on
Changes over time to your vehicle’s value or your financial situation could make it so that you want to adjust your auto insurance policy coverage. That’s why you should reevaluate the terms of your policy each time you renew your coverage.
We Are Here To Help
Call us today at MultiSurance to get a quote on an auto insurance policy in New Orleans, LA.
The classic car insurance policy you choose is important for protecting the value of your vehicle and giving you peace of mind. If you want to enjoy adequate classic car insurance coverage in New Orleans, LA, you need to update your policy once in a while. At MultiSurance, we’re here to assist you when you need to make updates to your classic car insurance policy.
Here are four reasons why you might want to update your classic car insurance policy:
The value of your classic car has increased since you first took out your policy.
A classic car’s value can increase as time goes on. You should always insure your vehicle for its full value. That’s why it’s always best to update your policy if your vehicle’s value has gone up.
You’ve been an older and more experienced driver since you first took out your classic car insurance policy.
Your age and driving record can have a big impact on your insurance options. If you’re older and more experienced as a driver than you were when you first bought your classic car insurance policy, it might be a good idea to explore your options to find better coverage.
You’re putting your classic car in storage.
When your vehicle is in storage, you need to let your classic car insurance provider know. Classic car insurance providers offer policies that are tailored to the off-season periods for classic car owners when their vehicle is in storage.
You’ve recently updated your vehicle.
If you’ve invested in your vehicle and had it updated, you might want to invest in added classic car insurance coverage.
Reach Out To Us
If it’s time to update your classic car insurance coverage, we are here to assist you. Call us at MultiSurance and get a quote on an insurance policy that will cover your classic car in New Orleans, LA.
New Orleans drivers know that the city is a playground for adventure enthusiasts, and nothing is more exciting than hitting the road with your family and friends in your new recreational vehicle! Insurance can help protect your recreational vehicle, whether you’re taking a scenic bike ride through Audubon Park or trying your hand at watersports on Lake Pontchartrain.
Get recreational insurance from MultiSurance in New Orleans, LA to combine fun with safety.
What Does Recreational Insurance Typically Cover?
RVs – Get recreational insurance to protect RVs like motor homes, towables, and popups. Insurance can repair or replace your RV or pull-behind camper when unexpected mishaps occur at campgrounds or camping on public lands.
Boats and Watercraft: Louisiana boat and watercraft owners have more peace of mind when they know their most prized floating investments are protected by insurance. Most recreational insurance policies will help cover damage to your vessel and offer liability protection for boating accidents.
ATV and Off-Road Vehicles: Expensive off-road vehicles like CanAm ATVs, dirtbikes, and snowmobiles can get insurance protections for both the vehicle and the rider under a Louisiana recreational insurance policy.
Which Recreational Insurance is Right for You?
It is crucial for recreational vehicle owners to know that insurance coverages can vary, and the best way to learn about optional coverages is by talking to the experts. Talk to trusted insurance partners at MultiSurance in New Orleans, LA to learn about your options for coverage.
A licensed and knowledgeable insurance agent can explain how recreational insurance can protect you and your vehicles and help you start a policy the same day. Please don’t wait until it’s too late to get coverage.
Contact us and get a free recreational insurance quote from trusted insurance partners today!
If you live in New Orleans, LA or the surrounding area, you can turn to the team at MultiSurance for all of your insurance needs. We’re here to answer any questions that you might have and help you find the right policy to protect your property.
Condo ABCs for New Orleans Residents
When you buy a condo, you’re buying one living unit within a building. You’re required to have your own insurance for your unit, as the building’s insurance policy won’t cover your property or possessions. Additionally, in some condominium buildings owners are required to pay for any damage to their units, no matter the cause. This means that even if a plumbing problem in your neighbor’s unit causes damage to your property, you’re responsible for any needed repairs rather than your neighbor. Be sure you have the right insurance in place.
It’s important to fully review the bylaws of your building and those of any governing board that has control over the condominium building. Condo living can be a lot less stressful than owning a home, and if you’re ready to embrace an easier lifestyle, be sure that you have the condo insurance you need. There are many differences between owning a condo and owning a house, so be sure that you’ve reviewed all pertinent documents prior to closing on your property. You’ll want to know the rules and regulations that are in place before you move into your new home.
Contact us today to learn more!
MultiSurance is proud to serve the greater New Orleans, LA area. If you’re planning on buying a condo in the near future, be sure to choose the right type of policy to protect your property and your belongings. Give us a call or stop by today to learn more!
If you’re in the market for a life insurance policy, you may wonder which type you should choose. There are two main kinds of this insurance, and one of those is called whole life. This is a type that comes with several important benefits as well as its own drawbacks. When you need life insurance, just give us a call at MultiSurance in New Orleans, LA.
This type of life insurance covers you for your whole life. That means that it won’t expire at a certain date as other policies do. It stays good for as long as you keep up the premium payments. No matter how old you get, the policy will still be in effect. This is one of the benefits that make this type of policy popular. If you were to get a term policy instead, it would only be good for a certain number of years and then expire. With whole life, you get the peace of mind of knowing that you don’t have to worry about it expiring and leaving you without coverage.
Builds a Cash Value
Another important benefit of this policy is that it will slowly build up a cash value over the years. When your premiums are paid, the insurance company invests them to make its profits. A small portion of those profits go into your cash value. When this amount has built up to a significant amount, it can come in handy for a financial emergency. You can borrow against that amount when you need to. The amount is then paid back like any other loan. If you pass away before it’s paid back, the remaining amount is simply deducted from the death benefit.
Get Whole Life Insurance
If you want a whole life policy to protect your family, call us today at MultiSurance in New Orleans, LA.
Maintaining a work truck is an important part of job productivity and safety here in the New Orleans, LA area.
Here are some tips from us at MultiSurance to help keep your work truck running smoothly:
1. Regular Maintenance:
If you want to get the longest life out of your truck, it is essential to stay up-to-date with regular maintenance like oil changes, tire rotations, and brake inspections. This will ensure that all components of your vehicle are in good working order and can alert you to any potential problems before they become more serious.
2. Proper Loading & Securing:
Make sure that any items loaded into your work truck are securely fastened down with appropriate straps or bungee cords. This will prevent them from shifting around while driving and causing damage or an accident. Additionally, don’t overload the bed of the truck; follow the manufacturer’s guidelines for maximum load capacity.
3. Watch Your Fuel Level:
Keeping track of fuel levels can help prevent unexpected breakdowns caused by running out of gas unexpectedly. Make sure to fill up whenever you get near the half-tank mark or just try to make it a habit to refuel every few days or so depending on how much driving you do regularly.
4. Cleanliness Is Key:
Keep your work truck clean inside and out — it not only looks better but also helps keep the dust, debris, and other particles away from the engine compartment which can cause damage over time if left unchecked. A thorough wash and wax job at least once a year should do the trick!
Reach Out To Us
For more tips, give us at MultiSurance a call today. We are proud to serve the New Orleans, LA area and would be happy to help you.
You know you need home insurance as a homeowner in New Orleans, LA, but how much? One way to find out is by applying the 80 percent rule to your home insurance policy. The 80 percent rule recommends insured homeowners carry coverage equal to at least 80 percent of the total replacement cost of their home. MultiSurance explains how the 80 percent rule works and gives you tips on how to apply it to your home insurance policy.
How to Apply the 80 Percent Rule to Home Insurance
Step 1: Find the Total Replacement Cost of Your Home
The first step in applying the 80 percent rule is to understand the total replacement cost of your home. This cost is the amount it would take to rebuild your home in the event of a total loss. It is important to note that the replacement cost differs from your home’s market value. Your home’s market value includes the price of the land and other factors not included in the cost of rebuilding.
Step 2: Determine Your Coverage Limit
Once you have the replacement cost of your home, you can calculate your coverage limit by multiplying the replacement cost by 80 percent. For example, if your home’s replacement cost is $300,000, your coverage limit should be at least $240,000 ($300,000 x 0.8). It is essential to ensure that your coverage limit is equal to or higher than this number to prevent underinsuring your home.
Step 3: Contact An Experienced Insurance Agent
Finally, to apply the 80 percent rule to your home insurance policy, you need an experienced insurance agent. At MultiSurance, we are dedicated to providing our clients in New Orleans, LA and surrounding communities with insurance policies designed to meet their needs. Contact us today for more information.
When it comes time to shop for auto insurance, there will be numerous questions you must answer for each carrier you want to get a quote from. Though these questions may seem like a nuisance, they are actually vital to determine what coverage options you need and the premiums you’ll pay for those options. To help drivers in New Orleans, LA better understand the reasoning and importance behind these questions, the team at MultiSurance is here to help.
Why Are Auto Insurance Application Questions So Important?
In the most basic sense, auto insurance companies will ask you a variety of questions to help them accurately assess your risk level. Your risk level allows them to adjust the price you pay for insurance coverage based on how much coverage you need and how likely you are to use it. It simply wouldn’t be fair to charge a low-risk driver the same amount as someone with a history of accidents or tickets.
The Types of Questions You Can Expect to Be Asked
- What’s your full name, date of birth, driver’s license number, and address?
- What’s your marital and employment status?
- What’s your vehicle’s year, make, model, license plate number, VIN number, and odometer reading?
- Any accidents or tickets within the past 5-7 years?
- What’s the average mileage you drive in a year?
- Do you have an insurance policy currently?
Looking for Auto Insurance? Contact Us Today!
Though it may seem time-consuming and tedious, it’s vital that you take the time to give honest answers to all of the questions your car insurance company asks. Drivers in New Orleans, LA can count on the team at MultiSurance to help you find the right coverage at the right price. Contact us today to learn more or receive a quote!