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On-Line Services Vehicle Registration, Driver License Transtractions, Road Test Transactions, DMV Records, Title Transactions, more |
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The Insurance Department is responsible for supervising and regulating all insurance business in New York State. The Department’s mission is to:
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The Evans Agency is a member of CPCU |
Experience • Education • Ethics The Society's nearly 28,000 members hold the Chartered Property Casualty Underwriter (CPCU) designation, which requires passing rigorous undergraduate- and graduate-level examinations, meeting experience requirements, and agreeing to be bound by a strict code of professional ethics. Founded in 1944, the CPCU Society's mission is to "meet the career development needs of a diverse membership of professionals who have earned the CPCU designation, so that they may serve others in a competent and ethical manner."
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The Evans Agency is a member of Trusted Choice |
The Smart Way to Buy Insurance Thousands of Trusted Choice® insurance agencies offer a broad selection of Car Insurance, Homeowners and Renters Insurance, Life, Medical and Health Insurance, and Business Insurance policies. These firms are committed to providing comprehensive customer service designed to provide financial services, customization of coverages and advocacy support. They benefit from access to many leading insurance companies. |
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It's a rite of passage for college students to don cap and gown and march for graduation ceremonies. In 2010-11, the projected number of college degrees (Associates and Bachelors) for men and women will total 1,967,000, according to the National Center of Education Statistics.
Unfortunately, even with a hard-earned diploma, many leave for the working world without knowledge of one of life's critical products: Insurance. While every individual's needs are unique, here are five basic insurance coverages that all college grads should consider, to see if they apply:
Auto Insurance A shiny new car, whether owned or leased, holds appeal for newly employed college grads. Auto insurance helps cope with the expenses of accidents, vandalism or theft. A lender or leasing company that finances the vehicle will require auto insurance. Car accidents can create large liabilities for a driver, so the liability portion of auto coverage helps protect the bank account. Plus, auto insurance covers many legal expenses if a driver is sued.
Health Insurance Following graduation, individuals likely will not be covered by a parent's health insurance policy. College grads will need coverage through an employer or an individual health insurance policy. Individual policies can be pricey and differ significantly in coverage, so talk with a Trusted Choice® independent agent about what makes the most sense.
Homeowners or Renters Insurance College grads starting out may not own a home yet, but may rent a residence. To make sure their possessions are protected, homemowners and renters insurance offer comprehensive coverage whether at home or traveling. Liability insurance included in renters and homeowners coverage also hleps protect agains the risk of being sued. There usually are limitations on renters coverages within a group house-a typical post-graduate arrangement-so it is important to understand the details of a policy.
Life Insurance New grads may find a job with an employer that offers group term life insurance coverage. However, those with children may find it worthwhile to buy additional term life insurance or permanent life insurance, which builds cash value over time.
Disability Insurance This is a vital but often overlooked insurance coverage. It provides income when a person is injured or disabled, whether on the job or off. A Trusted Choice® independent agent can calculate the right amount of coverage to help a person live while recovering.
The new college grad may want to lean financially on parents' insurance coverages as long as possible. While that makes sense, it's not always viable. For instance, auto insurance companies will require an owner or lessee of a car to carry their own coverage. And most health insurance plans cover an insured 's children up to age 18-or age 22 of the child continues as a full-time student. If over 18 and not a full-time student, an individual will need their own health insurance coverage.
There are plenty of insurance policies out there that a new grad won't need, unless there are special circumstances, such as air travel insurance, contact lens insurance or cancer insurance. Typically, it is better to have comprehensive policies like renters or health.
Parents of new graduates also should take this time to review their insurance portfolios, as there may be opportunities to reduce their premiums when a child moves out of the home. Contact any one of our Evans Agency representatives to discuss your needs.