Protect Your Property, Assets
With Our Personal Insurance Products
At Baldon Group, we’re here to help protect what you’ve worked so hard to obtain and maintain. We’ll provide comprehensive coverage for your home, automobiles, recreational vehicles, and much more. Our professional staff will determine how to best address your insurance needs. We partner with financially strong, top-tier insurers to give you the peace of mind you need to continue to enjoy the fruits of your labor.
Homeowners Insurance
Home is where the heart is…where kids grow up and memories are created. Our staff will help you protect your home sweet home with property and liability insurance. We can provide you with replacement cost coverage for the structure and your personal property in the event of a loss such as a fire. You’ll be protected with additional living expenses should you need to temporarily move while repairs or rebuilding takes place. Liability coverage will help protect you in the event someone is injured in your house or on your property. It will pay for defense costs and for any settlements and judgments up to the policy limit. We recommend also purchasing a personal umbrella policy to give you an extra layer of liability protection.
If you have a vacation or secondary home, talk to us about insuring your property – whether it’s on the coast, in the mountains, or somewhere in between.
We can also provide coverage for your ATVs so you can hit the trail with confidence that you’re well protected.
Vehicle Insurance
Whether you have one car or a household with three or four vehicles, we’ll secure the right Auto insurance for you and your family. We’ll make sure you have appropriate limits for bodily injury and property damage liability coverage in the event you’re in an accident and found to be responsible. We will also provide you with uninsured/underinsured motorists coverage to protect you in the event you’re in an accident with a driver that has no insurance or not enough. We’ll help assess your deductible levels for comprehensive insurance (fire, theft) and collision coverage. Towing and rental coverages are also available.
In addition, if you own a motorcycle, we can provide coverage. Motorcycle liability insurance covers your responsibility for injuries to others and damage to their property. The policy will pay their medical bills, lost wages, and other expenses related to an accident you cause. It also usually covers injuries to passengers on your motorcycle when you are at fault. Comprehensive and Collision coverages are also available.
Flood Insurance
You can choose from a basic Flood policy through the federal government’s National Flood Insurance Program (NFIP) to cover direct physical damage to your property up to $250,000. We can also enhance your flood policy with up to $100,000 for your personal property. Policies with higher limits are also available from private insurers.
In the last decade or so, we’ve seen tremendous flood damage to homes in coastal areas in New York and New Jersey as well as in inland areas, which is why it’s so important to secure flood insurance.
High Net Worth Insurance
High net worth individuals require specific coverage because of inherent unique exposures. At Baldon Group, we partner with several insurers that specialize in providing high net worth insurance. Homeowners insurance can be designed to include guaranteed replacement cost to rebuild your home after a loss in like kind and quality even if the actual cost is more than your coverage limits. A policy can also be designed to provide you with the option to rebuild or receive a cash settlement after a loss. You will have more protection for your jewelry than typically found in a standard Homeowners policy. A high net worth Homeowners policy also provides you with broader coverage for property damage as a result of sewer and drain backups. Higher liability limits are available for strong asset-protection in the event of a covered lawsuit.
An optional endorsement added to your home insurance will provide coverage for losses caused by fraud and cybercrime.
We can provide you with broader Flood insurance including excess coverage to cover the full value of your home and belongings, no matter where you live.
Risk-prevention services are also provided to help mitigate the potential for loss.
Auto insurance for high net worth individuals can be designed to pay the agreed value on your policy with no deductible. If you rent or borrow a vehicle anywhere in the world, you’ll also be covered. In addition, we can provide you with specialized coverage for classic and antique vehicles.
A high-value Excess Liability policy is available to extend the liability limits on your primary insurance (such as those in your homeowners and auto policies) so in the event of a catastrophic incident you are well-protected. Limits can be obtained up to $100 million.
Condominium Insurance
Your condo association has insurance to cover the common areas of the building and property, but it’s limited when it comes to your individual unit. The association’s master policy insures the entire condo structure down to the walls—and maybe even the ceilings and installed appliances—of your unit. Beyond that, insuring your unit is up to you.
Condominium insurance will cover both your property from the unit’s walls inward and your liability for claims of bodily injury or property damage. The policy works much like Homeowners insurance. It will insure your personal belongings, such as furniture, window treatments, and clothing. It can be enhanced to include high-value items, such as jewelry, wine collections, or art, and upgraded appliances and cabinetry may also be insurable. It can also pay for additional living expenses if your unit is uninhabitable after a covered loss. The liability portion of your Condo insurance will help pay for your legal defense and monetary settlements or judgments against you in a claim of bodily injury or property damage against you. Some insurers also offer coverage for your financial responsibility in a loss-assessment against unit holders if the condo association is found liable for a claim that exceeds its limits of insurance.
Renters Insurance
A Renters policy covers your personal property—items such as window coverings, furniture, clothing, bicycles, and other personal possessions. Your landlord’s policy won’t insure these things. Renters insurance also provides liability coverage to protect you against the risk of a lawsuit and claims alleging your liability for injuries and property damage to others. It will help with your legal defense bills and any settlements or awards that you have to pay, according to the limits of your policy.
Boat & Marine Insurance
Boating in the summertime is big throughout New York and New Jersey and having the right Boat insurance in place is critical to protect you and your vehicle. At Baldon Group, we provide insurance for all types of boats – from fishing boats to sailboats, speedboats, pontoons, houseboats, and more. We also insure personal watercraft of many different types.
Liability insurance is available to cover damage to someone else’s property or boat-related injuries you cause. It will cover your legal defense if you are sued over a boating incident and help pay for settlements or judgments against you. The property portion of the policy can be designed to cover your hull, sails, built-in equipment and furnishings, salvage expenses, towing, collision damage to your boat from an accident you cause. Coverage for fishing or other special equipment aboard and roadside assistance are also available.
