Insurance FAQ

Frequently Asked Questions 

Apple Auto Agency is happy to be your local provider for auto and homeowners insurance in Schenectady, NY; Clifton Park, NY; Troy, NY; Rensselaer, NY; and elsewhere in the Albany, NY area. Our trusted insurance products include auto insurance, homeowners insurance, and motorcycle insurance. To get you the best insurance coverage possible, we work with several of the best insurance brands in the industry, including Progressive and National General. Our job is to help you find the coverage you need. 

If you have questions about insurance coverage or the products we provide, feel free to contact Apple Auto Agency or browse the answers to our Frequently Asked Questions. For more information, please give us a call today. 

Is auto insurance mandatory to own?

While auto insurance laws can vary by location, it is mandatory for drivers in all 50 states to have auto insurance.

What is Covered By Auto Insurance?

With auto insurance, you, your vehicle, and anyone else in the vehicle are all covered in case of an auto accident.

What Different Types of Auto Insurance are Available?

Auto insurance liability coverage includes:

  • Body
  • Property Damage
  • Comprehensive
  • Collision
  • Uninsured & Undesired

Do Rates Vary By Vehicle?

Yes, the vehicle type can make a difference when it comes to your insurance premium. Rates will be higher for vehicles with a more extensive accident history, those that are stolen more often, and those that cost more to repair.

How Does an Auto Insurance Deductible Work?

Your deductible is how much money you owe out of pocket before the insurance company pays the remaining amount after an accident. There are both high deductible and low deductible insurance plans. With a high deductible plan, you’ll have a lower premium, but owe more out of pocket when you have an accident. With a low deductible plan, your premium is higher, but you’ll pay less out of pocket after an accident.

What is Homeowners Insurance?

Homeowners insurance is coverage for your home and everything you own inside of it in case of an accident or theft.

Is it Mandatory to Own Homeowners Insurance?

It is not required by law to have insurance for your home. It may be required by your mortgage lender, however, if you are financing your home. 

What Does Homeowners Insurance Cover?

Homeowners insurance is for the coverage of potential disasters to your home, including fire damage, smoke damage, lighting strike, wind damage, hail, theft, and vandalism.

What Is Not Covered Under Homeowners Insurance?

Some disasters won’t fall under the umbrella of your homeowners insurance and will require the purchase of additional coverage beforehand. These instances include floods, earthquakes, nuclear disasters, or damage caused intentionally by the property owner.

How Do I Know How Much Homeowners Insurance Coverage I Need?

You may need more coverage if you have a larger home with more belongings in it. The type of insurance you should purchase can also vary by location and the condition of the property.

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