Otterstedt Insurance Agency Blog | Insurance Questions Answered

How Does Workers Compensation Insurance Work?

Written on September 1, 2017.

Workers compensation insurance (WCI) is something that employers are required by law, in most cases, to provide for employees. Even the most diligent employers who seek to minimize workplace hazards and accidents can have an unexpected tragedy. When such things happen, Workers Compensation...

Can Someone Sue You for a Car Accident if You Have Insurance?

Written on August 24, 2017.

If it turns out you were at fault for a car accident in New Jersey or surrounding areas, you may wonder how much money it will cost you. Along with the hassle, it could cost you a lot of money if you don’t have proper insurance. Even if it’s just a minor accident where there were...

What Type of Health Insurance is Needed for a Semester Abroad?

Written on July 28, 2017.

The opportunity to study abroad for a semester or more is one that is simply too good to turn down for many students. There are lots of benefits to studying abroad, ones that should not be quickly dismissed, including: The opportunity to learn, firsthand, about new cultures.Improving...

7 Steps To Prepare Your Home for Hurricane Season

Written on July 18, 2017.

Hazardous weather impacts New York and New Jersey residents frequently — including hurricanes. In fact, the Insurance Information Institute’s reports that homes in the states of New York and New Jersey had property damage because of one of the three most costly hurricanes in the...

The Top 5 Things You Should Do When Your Windshield is Damaged

Written on June 29, 2017.

A damaged windshield can really cramp your style when driving. Not only does it mar the perfection of the car you’ve invested so much in, but it also can cause issues with visibility and your field of vision. This limited field of vision can put your ability to drive defensively at risk....

Condo Owner’s Policy Vs. Condo Association Insurance Policy: Key Differences

Written on June 19, 2017.

Condo owners have different insurance needs than traditional homeowners. In addition to insurance that covers your individual unit and personal possessions, the condo association itself will have an insurance policy. Some condo owners believe the association’s policy is all they need to...

Does My Company Need Data Breach Insurance?

Written on May 30, 2017.

When you have a data breach and your business is a victim of a cyber-attack with a resulting data loss, it’s important to take quick action to restore public confidence in your company. Data breach insurance is not a new coverage and has been around for over a decade. However, few...

We’re Getting Married, Do We Need Wedding Insurance?

Written on May 16, 2017.

You may have heard rain can bring you good luck on the day of your wedding. But, illness, blizzards, hurricanes, and sudden injury are another story. And, although you can’t prevent the unexpected from happening, you can protect your investment and reduce the risks by purchasing insurance...

4 Questions to Ask About Flood Insurance

Written on April 25, 2017.

Flood insurance is something all too many homeowners believe is covered under their standard homeowners’ insurance policies. This is not the case in most situations. In fact, most homeowner’s policies explicitly exclude flood damage from their coverage. This means you must buy a flood...

6 Tips When Shopping for Auto Insurance

Written on April 11, 2017.

Auto insurance is a necessity of driving. It also serves as a vital safety net when accidents occur – if you have the right kind of coverage that meets your needs. Consider these important tips when you are shopping for auto insurance to help you get the right coverage for the right...