Staten Island Insurance Information
Staten Island Botanic Gardens Staten Island, NY is one of the 5 boroughs of New York City. A borough is a unique form of government which administers the five fundamental constituent parts that make up the consolidated city. Staten Island is located in Richmond County. It has a population of 477,377 and is the least populated of the five boroughs but is the third largest in area size. It is also the most suburban borough in New York City.
In addition to the main island, Staten Island includes some smaller uninhabited islands such as the Isle of Meadows, Prall’s Island, Shooters Island, Swinburne Island, and Hoffman Island.
The average person in Staten Island spends 43.9 minutes commuting to work. This is almost double the national average of 25.5.
How Much Car Insurance Coverage do I need if I live near Staten Island, NY?
In the state of New York, you are required to have a minimum liability limit of $25,000 for each injured person, up to a total of $50,000 per accident, and $10,000 for property damage per accident.
I live near Staten Island, Do I need Flood Insurance?
Verrazano Bridge, Staten Island, NY According to www.floodsmart.gov, your home has a 26% chance of being damaged by a flood during the course of a 30-year mortgage, compared to a 9% chance of fire. If you live near Staten Island, NY, you are susceptible to these damages.
Most home insurance policies do not cover flood damages, so it is recommended that you inquire about the additional costs to make sure you are covered. Even if you live outside of a flood plain, you still may need flood insurance. Over 25% of flood insurance claims are made by individuals who live outside of these flooding zones.
I live near Staten Island, Do I need Renters Insurance?
September 11 Memorial, Staten Island, NY The median dollar amount of rent paid by residents of Staten Island, NY is $994 a month. If you are paying that amount of money to your landlord each month, it is definitely worth a few more dollars to make sure your contents are protected. If you have a car insurance policy, adding renters insurance could make the entire amount per month cheaper. Ask your insurance agent for more details.
How many people own homes in Staten Island, NY?
According to City Data, there are 156,341 occupied houses in Staten Island – 99,732 are occupied by owners, and 56,609 are occupied by renters.
How much are homes worth in Staten Island, NY?
Bayonne Bridge, Staten Island, NY The median house or condo value in 2007 was $472,300. This is up from $216,600 in 2000. This shows that Staten Island, NY is a great place to live since the value of homes are improving over time.
(information taken from Wikipedia)