Purchasing a new home is a significant life event. If you’re located near Buffalo, NY, our team at L&S Agency Inc. can help you explore various insurance options and select the one that best suits your needs. We’ve been providing insurance services for clients in your area since 2020.<\/p>\n
When you consult with one of our insurance agents, you’ll encounter several insurance-related terms. For instance, you may hear the terms "monoline" and "package" in discussions about insurance. According to the New York State Department of Financial Insurance, some homeowners opt for multiple monoline policies, each providing coverage for a specific aspect of insurance, such as liability or property insurance. Others prefer to consolidate all types of home insurance coverage into one policy.<\/p>\n
The New York State Department of Financial Insurance states that a package policy is typically more expensive than a monoline policy. However, a package policy can often save the policyholder money, as all types of coverage are bundled into one package. The same source recommends that when purchasing a homeowner’s policy, you should be aware of what events (such as fire, flood, or windstorm) are covered and consider adding additional "hazard" policies to their packages if advised by their agents.<\/p>\n
Homeownership comes with many new responsibilities, and our team at L & S Agency Inc. can assist you in choosing the right homeowners’ insurance policy. Homeowners near Buffalo, NY, have come to rely on the expertise and support they receive when working with our team. Please schedule an appointment with us today, and let us help you secure the insurance you need.<\/p>\n","protected":false},"excerpt":{"rendered":"
Purchasing a new home is a significant life event. If you’re located near Buffalo, NY, our team at L&S Agency Inc. can help you explore various insurance options and select the one that best suits your needs. We’ve been providing insurance services for clients in your area since 2020. Monoline Versus Package Insurance When you […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[5,6,14,13],"class_list":["post-106","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-buffalo-ny","tag-l-s-agency-inc","tag-monoline","tag-package"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t