Monthly Archives: December 2011

Many car owners spend a good deal of time driving to work,  business appointments, dropping kids off at school, and keeping cool while maneuvering a gridlocked merge into the Lincoln Tunnel. When you least expect it, an emergency arises. Drivers can have peace of mind when they have the right auto insurance coverage that protects their loved ones, their car, and themselves.

At Muller Insurance, our auto insurance products are provided by Chubb, Mercury, Travelers, and Progressive Insurance Companies. We provide the most respected names in the insurance industry.

Mandated by the state, auto insurance is a contract between you and an insurance company that protects you against financial loss if you have an accident. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy. Most auto policies are for six months to a year. An auto insurance policy is comprised of different kinds of coverage such as liability and physical damage.  Most states require you to buy some, but not all, of these available coverages. If you’re financing and/or leasing a car, your lender will also have certain requirements.

Key coverages on an auto policy are liability, physical damage, and medical expenses which are defined as follows:

Physical Damage Coverage: pays for damage to your vehicle if you were in a collision, the windshield was damaged or broken, the vehicle catches on fire, is stolen, or vandalized.

Liability Coverage: pays for your legal responsibility to others for bodily injury or property damage that occurred due to your negligence.

Medical Coverage: pays for the cost of medical treatment due to injuries sustained in a covered loss.

There are 2 key types of loss settlements for damage to your vehicle. They are:

Agreed Value Coverage and Actual Cash Value.

Agreed Value allows you to know the settlement value if your vehicle is declared a total loss whereas Actual Cash Value is subject to depreciation and deductible. Please speak to your insurance representative to determine what type of coverage you currently have.

We also provide coverage for drivers who have the following: 7 or more points, DUI, DWI, and/or policy cancellation for over 30 days.

Sure, you can purchase auto insurance quite easily online, but if you really want peace of mind behind the wheel, I recommend visiting your local insurance agent, where you can fine-tune your car insurance policy to protect your lifestyle, the car that gets you where you need to go, and your friends and family who trust you with their lives.

Please call us for a free quote today!

About Roger J. Muller, Jr.

Overseeing Muller Insurance’s day-to-day operations and always improving how the company can better serve its clients, Roger J. Muller, Jr. is a Certified Professional Insurance Agent (CPIA) with 32 years’ experience in the insurance industry. He’s a travel agent, Certified Real Estate Appraiser (CREA), Certified Environmental Inspector (CEI), licensed Real Estate Broker and licensed Insurance Agent in the following states: New Jersey, New York, Pennsylvania, Connecticut, North Carolina, South Carolina, Florida, Maryland, Washington D.C., New Mexico, Arizona, Vermont, Ohio, Delaware, Maine, Georgia, Virginia and New Hampshire. Roger J. Muller, Jr. is a member of Sigma Xi, a lifetime member of the Hudson River Fishing Association, and Shriners-Salam Temple. A graduate of Ramapo College of New Jersey, Muller is a past board member of the Ramapo College Alumni. He has been a member of the Board of the Hoboken Chamber of Commerce since 2000 and served as Vice President in 2010.  He is a New Jersey Notary Public and a member of the Young Insurance Agents, NJ. He is a certified member of  the Hoboken Community Emergency Response Team (CERT) that responds to emergencies like building collapses, flooding and acts of terrorism.

When I bring up floaters, I’m not talking about the spots in your eyes you sometimes get when you stand up too fast. In the Insurance industry, floaters are additional coverages for items you own that are of unusual value like baseball, coin, and Barbie doll collections, musical instruments, fur coats and most importantly, your jewelry
and heirlooms.

There is generally a $500 limit for theft of jewelry on a standard policy, and if you own expensive jewelry, some which are precious heirlooms, then I would advise talking with your insurance agent about floaters (also known as endorsements). A floater enhances your standard homeowner’s policy and:

Protects Special Collections. Family heirlooms like silverware, Hummels, baseball cards, rare coins, wine, stamps, sculptures and Barbies are insured as appraised.

Insures appraised items. Jewelry, furs, gold, silver, crystal, instruments, cameras, fine arts, antiques, guns, etc insured according to appraisal.

Delivers higher payouts on claims. Instead of standard homeowners policy payouts of $500 minus your deductible, floater payouts are based on replacement value.

Requires smaller deductible than standard policy.  Floaters feature no deductibles.

Evaluates claims based on replacement value not depreciated value. Floaters provide fewer restrictions on claims regarding older items and payouts are based on replacement value not depreciation.

And for those very special items, like engagement rings, Chubb Insurance even offers special Engagement Ring Coverage. (Call Muller Insurance at 201-659-2403 to insure your engagement ring!)

Not everyone needs a separate policy, but if you own fine jewelry, a special collection, or just received a marriage proposal and a beautiful engagement ring, you might want to insure those cherished mementoes in case of loss or damage. At Muller Insurance, we help protect your treasures.

About Roger J.  Muller, Jr.

Overseeing Muller Insurance’s day-to-day operations and always improving how the company can better serve its clients, Roger J. Muller,  Jr. is a Certified Professional Insurance Agent (CPIA) with 32 years experience in the insurance industry. He’s a travel agent, Certified Real Estate Appraiser (CREA), Certified Environmental Inspector (CEI), licensed Real Estate Broker and licensed Insurance Agent in the  following states: New Jersey, New York, Pennsylvania, Connecticut, North Carolina, South Carolina, Florida, Maryland, Washington D.C., New Mexico, Arizona, Vermont, Ohio, Delaware, Maine, Georgia, Virginia and New Hampshire. Roger J. Muller, Jr. is a member of Sigma Xi, a lifetime member of the Hudson River Fishing Association, and Shriners-Salam Temple. A graduate of Ramapo College of New Jersey, Muller is a past board member of the Ramapo College Alumni. He has been a member of the Board of the Hoboken Chamber of Commerce since 2000 and served as Vice President in 2010.  He is a New Jersey Notary Public and a member of the Young Insurance Agents, NJ. He is a certified member of  the Hoboken Community Emergency Response Team (CERT) that responds to emergencies like building collapses, flooding and acts of terrorism.