Binghamton, New York, was the birthplace and home of Rod Serling, creator of the television series The Twilight Zone. But there's no need to feel like you've entered another dimension or relinquished control of your finances when you're looking for Binghamton insurance. With a little preparation and homework, you can determine exactly what type of coverage you need for your home and your vehicle and before you seek out Binghamton insurance quotes.
Know Your Coverage
Today's homeowner's policies typically cover most risks for physical injury and personal property losses due to fire, lightning and smoke damage plus burglary and theft. But Binghamton insurance policies usually include exclusions for events like flood and earthquakes and even for more ordinary occurrences like sewer backups. If you want to be protected against those losses you'll have to purchase additional New York home insurance coverage.
Under New York State law, any Binghamton insurance quotes that you get for your New York automobile insurance should include, at a minimum, bodily injury liability of $25,000 per person and $50,000 per accident; $10,000 property damage liability; $50,000 in personal injury protection coverage; and $25,000 per person/$50,000 per accident uninsured motorists coverage.
Be Aware of Typical Policy Costs
Because New York is large, diverse state, most insurers divide it into at least 70 different rating territories for the purpose of providing insurance quotes. The rates for insurance in Binghamton are among the lowest in the state. Basic coverage for a single family home with brick or frame construction would cost you as much as $4,000 per year in New York City, but premiums for similar insurance in the Binghamton area would range from $320 to $1,100 for similar coverage, according to the statistics compiled by the New York State Insurance Department.
Premiums for required automobile insurance coverage in the Binghamton area can range from around $450 to $1500 for a 20-year-old single male to $173 to $900 for a 69-year-old retired man.
Get Several Binghamton Insurance Quotes
The greater Binghamton area is known for its six antique carousels, all manufactured by the Allan Herschell companies in upstate New York. While merry-go-round lovers may enjoy going round and round on the beautifully carved horses, lions, pigs and other animals, there's no need for you to feel like you're going spinning in circles when you're searching for Binghamton insurance quotes. You can talk to several local agents on your own or try NetQuote.com, an online service. NetQuote.com provides, with a single inquiry, New York insurance quotes from five top insurance companies in the Binghamton area. No matter which route you choose, be sure to ask about any discounts that you may qualify for. You can often save money by insuring more than one vehicle or both your home and your vehicle with the same insurer.