One of the biggest financial concerns for parents in Chester, NJ is how they will cover the cost of their children’s education. There are many ways to save for college, but one option that is sometimes overlooked is term life insurance. Term life insurance from The Insurance Outfit can help pay for college costs in the event of an unexpected death.

What is Term Life Insurance?

Term life insurance is a type of insurance that provides coverage for a set period, typically 10-20 years. If the policyholder dies during the policy’s term, the beneficiaries will receive a death benefit payment. If the policyholder does not die during the term, then there is no death benefit, and the policy simply expires.

How Can Term Life Insurance Be Used to Cover College Costs?

One way to use term life insurance to cover college costs is to purchase a policy with your child as the beneficiary. If you die while your child is still in college, the death benefit will be paid out and can be used to cover expenses such as tuition, room and board, books, and other fees.

Another way to use term life insurance to help pay for college is to purchase a policy for yourself and name your child as the owner. This arrangement is often used when the child is still young and the parent wants to lock in lower premiums. The child can cash in the policy when ready to start college.

Term life insurance can be an effective strategy in certain situations. If you live near Chester, NJ, contact The Insurance Outfit for more information.

Insurance coverage in Chester, NJ is for more than your car, truck, or SUV. You can insure your all-terrain vehicle or ATV. Like your other vehicles, your ATV needs to be insured to protect you from liability if you damage someone else’s property or injure another person while operating your ATV.

Understanding ATV Insurance

ATV insurance is like auto insurance because it provides protection against property damage and bodily injury liability. You need a separate policy for your ATV because your standard auto insurance policy does not cover it. Also, your homeowner’s insurance does not cover damage to your ATV or personal liability arising from its use.

A representative from The Insurance Outfit can help you understand your options and find the right coverage for your needs and budget.

Different ATV Insurance Coverage

There are many forms of ATV insurance coverage, and the one you need depends on how you use your ATV. If you only ride your ATV on your property, you may only require liability coverage. If you take your ATV off-road, you may need collision and comprehensive coverage to protect your ATV in case it is damaged or stolen.

Other coverage considerations include loss of use, engine and gearbox protection, zero depreciation, and third-party liability.

• Loss of Use – This coverage pays for the rental of a replacement ATV if yours is damaged in an accident and is being repaired.
• Engine and Gearbox Protection – This coverage pays for repairs to your ATV’s engine and gearbox if an accident damages it.
• Zero Depreciation – This coverage pays for the total cost of repairs to your ATV without deducting depreciation.
• Third-Party Liability – This coverage pays for damages you cause to another person’s property or injuries you cause while operating your ATV.

The Insurance Outfit offers ATV insurance from leading insurers. We can help you find the right coverage for your needs and budget in Chester, NJ. Contact us today for a free quote.

One of the great ways to enjoy summertime in Chester, NJ is to go for an excursion. RVs or recreational vehicles are mobile homes that allow us to enjoy the outdoors without giving up some of the comforts of being at home. RVs come with many modern amenities, and some can even be luxurious. They can either be self-propelled or can be towed. They also differ immensely in size, with some being as spacious as a small house.

Regarding RV excursions, you must ensure your recreational vehicle is safe and fully insured for any eventualities. Here are some valuable tips to help you prepare better for your next excursion.

Check The Electricals

Depending on how your RV is configured, you need to check the batteries, the electrical systems, and the cabling. Since RVs tend to be unused for long periods, some of these components may get damaged and malfunction when you set off on your trip. This check-up should also include an inspection of the engine (if self-propelled) and the generator that supplies power to the appliances.

Check Water System And Plumbing

Most RVs come with a water system to enable the safe operation of sinks, toilets, etc. These are also susceptible to damage. The last thing you want on your road trip is a leaky toilet or malfunctioning sinks. Have these inspected by an expert and change any parts that seem worn out. Do not wait for a part to fail, as this may happen when you are in the middle of your trip.

Check Licenses And Insurance

Despite all of our safeguards, something could still go wrong. This is where RV insurance kicks in. Depending on what kind of policy you take out, RV insurance indemnifies you from damage caused by accidents and other factors. These incidents could damage the RV or hurt others on the road. It is also essential to ensure that your licenses are all up to date.

Get The Right RV Insurance With The Insurance Outfit

Getting RV insurance with the help of the right insurance agent in Chester, NJ can make all the difference. The Insurance Outfit will help you compare quotes from many different insurance companies quickly and conveniently. This allows you to get the perfect RV insurance for your needs. Contact The Insurance Outfit today for a quote if you need reliable RV insurance before your big trip.

You’re getting married! Congrats! Now it’s time to think about your big day’s logistics. One thing you might not have considered is wedding insurance in Chester, NJ.

What is Wedding Insurance?

Weddings are expensive. The average cost of a wedding in the United States is $28,000, according to The Knot’s 2019 Real Weddings Study. And when you’re shelling out that much cash, it’s essential to protect your investment. That’s where wedding insurance comes in.

Wedding insurance is event insurance that can help reimburse you for non-refundable expenses, lost deposits, and other unforeseen problems that could damage your big day.

Do I Need Wedding Insurance?

This is a tricky question to answer because every wedding is different. Some couples have lavish affairs with lots of expensive vendors, while others have more intimate gatherings.

Here are a few things to consider when trying to decide if you need wedding insurance:

• How much are you spending on your wedding?
• Are you using any rental items?
• What is your venue’s refund policy?
• Do you or your vendors have cancelation policies?
• What is your photographer’s policy if they can’t make it to the wedding?

These are just a few questions you should ask yourself when deciding if you need wedding insurance. The Insurance Outfit can help you get the coverage you need to protect your wedding day.

How Much Does Wedding Insurance Cost?

The cost of wedding insurance varies depending on a few factors, including the size of your wedding, where it’s being held, and what type of coverage you need. However, the peace of mind that comes with knowing your big day is protected is priceless.

Your representative at The Insurance Outfit will work with you to find the best coverage for your needs and budget.

When you visit The Insurance Outfit serving Chester, NJ to purchase collector’s vehicle insurance, we want you to understand that it refers to the same type of auto policy as classic car insurance. The policy also extends to kit cars and exotic cars. When you read a reference to exotic car insurance or antique vehicle insurance, it refers to the same type of policy.

How Does Collector’s Vehicle Insurance Differ?

Collector’s vehicle insurance covers the same items as regular auto coverage. Still, it limits the mileage you can drive the vehicle to about one-tenth of the average driver in the US annually. You can drive your collector’s car for 1,200 miles; for the rest of the year, it needs to remain in the garage, protected from perils and the weather.

With this auto coverage, you agree to only drive your vehicle for special occasions such as car shows and parades. If you want to use your collector’s vehicle as an everyday vehicle, you need to insure it with regular auto insurance.

What Qualifies as a Collector’s Vehicle?

When you purchase an exotic like a Lamborghini Countach, you purchase a collector’s vehicle. The same applies if you purchase a classic car, a vehicle at least 20 years old, an antique car, a vehicle at least 45 years old, or a vintage car, a vehicle constructed between 1919 and 1930. Any of these vehicles, including a vehicle you built from an auto kit, qualify as a collector’s vehicle.

Contact The Insurance Outfit

The Insurance Outfit serves Chester, NJ with the collector’s auto insurance its residents need to protect their automotive investments. Contact us today for an auto policy that protects your collector’s auto.

Tooling around Chester, NJ, and the surrounding areas on your chopper provides a gorgeous view of the Garden state. It would help if you carried the proper insurance to protect yourself and your investment in your motorcycle.

You probably also purchased your motorcycle insurance from The Insurance Outfit when you purchased your bike. You love your bike, so you obtained full coverage.

Did you know that if you upgraded your bike since that time, you needed to update your motorcycle coverage?

That’s because upgrading your bike increases its value. Your insurance coverage uses the value at which you purchased the bike, though.

Whether you had a custom paint job done or switched the OEM handlebars for aftermarket ones costing much more, you’ve increased the motorcycle’s value, so you need to do the same on your insurance.

The alternative option of losing money if you incur an accident probably doesn’t thrill you. You see, your insurance coverage has a limit. The policy reflects this dollar amount, which we base on the bike’s value at the time you insure it.

If you have an accident, although you bought a full-coverage policy, you wouldn’t get the money to replace your motorcycle as you rode it at the time of the accident. That custom paint job and those aftermarket handlebars added to its value.

Let’s say you bought a Harley-Davidson Sportster S for $15,499. Since neither black, white, nor green appealed to you, you bought the custom paint job from a local artist. It cost you $2,000. The handlebars added $400. Without an update, your insurance check will be for $15,499.

Contact Us

Contact The Insurance Outfit serving Chester, NJ for help updating your bike’s policy. Don’t let a lack of coverage set you back financially.

Special event security is the practice of protecting a venue or event from threats, such as terrorism, by using a security guard or other personnel. Often, special event security is provided by a private company or government agency. The primary goal of special event security is to protect the safety and security of people and property at the event.

While you might not think your gathering is a target for violence or illegal activity, it is crucial to be aware of the potential for such threats. The Insurance Outfit believes that if you have a gathering that will attract many people, you need to have a plan in place in case something goes wrong.

Sometimes You Are Legally Required to Provide Security

Among the many regulations that govern special events in Chester, NJ, some regard the provision of security services during a special event. At the city administrator’s discretion, an event proprietor may be required to hire off-duty police officers or licensed security guards.

In addition, the city may determine only police officers may provide security services. This is the case for events that will generate a lot of traffic. When this decision is made, the event proprietor will have to reimburse the city for the expenses incurred by the police department.

Special Event Insurance Can Help You Plan Ahead

Whether planning a large wedding, organizing a corporate event, or hosting a concert, special event insurance offers coverage for the many risks that can arise. The type of coverage you need will depend on the type of event you’re planning. Common coverage options include:

• cancellation 
• rental
• liability
• auto

Are you planning a special event in Chester, NJ? Let The Insurance Outfit find you the best coverage for your event today!