"An insurance policy may have a good price, but poor value."

- John H. Connors

  • Since 1955, The Connors Insurance Agency, located in Mechanicville, NY, has been focused on responding to the needs of our customers, and we take pride in our role as insurance advisors, and in our relationships with the finest insurance carriers available. We are dedicated to providing the highest quality of service to individuals and businesses in our community, and surrounding areas, for all their insurance needs, and peace of mind that you will be protected in the event of an untimely loss.

CYBER LIABILITY INSURANCE

With recent attacks by computer hackers at Target and now Michael’s, Cyber Liability Insurance is becoming a hot topic.  The FBI contends that many of these cyber-attacks come from out of the country so it’s difficult to track down these hackers.  Imagine for a moment that your company has come under attack by a skilled hacker.  The hacker has accessed your customer’s names, contact information and social security numbers.  On top of that, your website is now disabled.  Wouldn’t it be nice to have an Insurance policy to cover that?

Insurance that protects you in case of a cyber-attack may seem like something only large corporations would ever need, or could afford.  But believe it or not, cyber liability insurance makes sense for small companies as well.  And here’s why:

1.) It’s more affordable than you think.  Since it’s still a fairly new concept, there’s a lot of variation among policies and some room for negotiation.  You can get coverage as high as $30 million and deductibles starting at $2,500.  Minimum premiums can vary among Insurance Companies too, at $1,500 to $2,500 annually.

2.) It covers more than you think.  These policies provide coverage for things like business interruption, the cost of notifying your customers of a breach and even the expense of hiring a public relations firm if needed.  It will also pay to cover any regulatory fines or penalties you might occur.

3.) You probably don’t have a risk management team.  Big companies often have entire departments devoted to analyzing the risks the company could face and helping to set up policies and procedures to protect them.  A small business wouldn’t, but an insurance policy can perform the same function.

4.) Even if you don’t host your data yourself, you’re still responsible.  And your existing insurance policy won’t cover you.  Typically, a general liability policy specifically excludes losses incurred because of the internet.  A good cyber liability policy will pick up where your general liability policy leaves off.

Make sure your cyber liability policy covers laptops and mobile devices as well to give yourself coverage in as many situations as you can.  Work with your Independent Insurance Agent to integrate cyber liability with your general liability and employment practice liability policies.  They’ll make sure to give you the most seamless coverage possible.

Kevin Connors is a Certified Insurance Counselor and licensed Property/Casualty and Life Insurance Agent with The Connors Insurance Agency in Mechanicville, NY.  Mr. Connors can be reached at (518)664-7307 or This email address is being protected from spambots. You need JavaScript enabled to view it.

FIRE SAFETY

More than one third of American homes use fireplaces, woodstoves and other solid fuel fired appliances as auxiliary home heating devices.

According to the Insurance industry, heating fires account for 36% of residential home fires.  Often these fires are due to improper installation, creosote buildup, closeness to combustibles and lack of adequate cleaning or maintenance.

Here are some do’s and don’ts for Fire Safety, which will go a long way to lessen alternate heat losses.

Do

-Before every heating season, conduct a cleaning and maintenance checkup

-Make sure there is enough clearance between stove and combustible materials

-Burn only dry well seasoned wood.  Soft, moist wood contributes to creosote buildup

-Make sure to keep a fire extinguisher near the heat source

Don’t

-Connect a woodstove to a chimney serving any other appliance

-Start a fire with flammable fluids such as gasoline

-Burn trash in a stove

-Let a wood fire burn unattended

-Install an outside wood furnace closer than 50 feet from any structure

For more information on fire safety, contact the United States Fire Administration website atwww.usfa.fema.gov

Kevin Connors is a Certified Insurance Counselor and licensed Property/Casualty and Life Insurance Agent with The Connors Insurance Agency in Mechanicville, NY.  Mr. Connors can be reached at (518)664-7307 or This email address is being protected from spambots. You need JavaScript enabled to view it.

Had An Accident?

Visit our Claim Center for information or give our office a call at (518) 664-7307 or Toll Free at (800) 246-8731.


If after business hours, contact your insurance carrier.

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