HiFi Insurance Associates is not your typical insurance brokerage. With their emphasis on service and speed, owners Eli Fuld and Ron Hirschhorn, who also happen to be close friends, pride themselves on the care and attention they give to each and every client. Receiving the best coverage at the best prices in the industry, HiFi customers know the company’s policies give them the maximum protection for all their residential and commercial needs.

A property and casualty insurance brokerage located in the heart of Teaneck, HiFi Insurance Associates, quickly earned a reputation built on loyalty and trust after Fuld and Hirschhorn (colleagues for over a decade) established it. They call themselves “insurance partners” with their clients.

HiFi Insurance focuses on real estate and homeowners insurance and, with its signature fast and reliable service, has helped countless customers get excellent coverage at great pricing, in no time at all. Each policy is highly individualized and tailored to each clients’ needs. “We don’t like wasting people’s money,” said Fuld.

“We came into this business knowing that as long as we are in the business of helping people,” said Hirschorn, “and that’s really the way we approach things … helping our clients in whatever way we can. A lot of people look at their policies at face value and, note the big number, and assume that should anything go awry, they will be covered. But what they don’t realize is that they could still be missing a lot of coverage.

“Many people are unaware of the exclusions and sublimits (think: water backups!) in their policies,” Hirschhorn added, and said that many types of coverage are not explicitly included across the board. “It’s critical for people to understand the nuances of their policies because not every claim is created equal.” Many times, policyholders are surprised to find that certain claims are not covered at all and on other claims there is a sub-limit that does not provide cover for the full value of the asset, but rather a lower amount for a specific item. Then there are optional coverages to consider including or excluding.

For those who have already been in their current homes for many years, HiFi Insurance Associates encourages homeowners to take a few minutes and look through their policies. Often, people will notice that the rate keeps climbing year after year. “We have much better service at great pricing,” Fuld said, and HiFi Insurance Associates can help people determine how much they should really be paying for coverage, often saving their clients thousands of dollars in the process.

With their knowledge and expertise, Fuld and Hirschhorn are always there to guide their customers on how to receive the maximum payout. “Customers of HiFi Insurance Associates know that if they ever encounter any issue, they should always call us first because we will be there to help them put their best foot forward and help them resolve it,” said Hirschhorn.

People are often unsure about when to file an insurance claim and are sometimes surprised to find that their issue does not qualify for an insurance claim. Hirschhorn explained: “If it is damage that happens within the snap of your fingers, that’s usually an insurance claim. However, damage that happens over time is considered wear and tear, and is not typically an insurance issue.”

When it comes to both personal and business needs, it is not just about protecting physical aspects, but it is also
imperative to have liability coverage. Fuld and Hirschhorn note that many times people overlook personal and business liability insurance, instead focusing on only property coverage and other tangible items. “Having a trusted professional partner on the insurance side is where we come in,” Fuld said. Putting an umbrella policy in place is critical; personal and business liability insurance can play an invaluable role, helping people navigate all kinds of problems that can occur, even mitigating challenging legal issues. At the time of a potential lawsuit, even if unwarranted, having proper liability protection can be priceless.

Coverage varies based on the type of business, and HiFi Insurance Associates can advise on any additional umbrella liability coverage that might be required, whether a business is just starting out or is already an established company. Some businesses may require professional liability coverage in addition to general liability. Payroll, worker’s compensation and family leave insurance are other types of coverage that may be needed.

Fuld advises clients that as soon as they identify a property they want to buy or lease, whether commercial or residential, the first call should be to HiFi Insurance Associates. “Because we have been in the industry for so long, we have cultivated relationships with dozens of top-tier insurance companies to get the best prices for our clients’ insurance needs,” he explained. “Even if there’s a time crunch, we know which carriers to go to in order to get the best quotes for our customers’ needs.”

Want to know what coverage is best for you? Visit https://hifiassociates.com/#main

Email [email protected] or [email protected] or call 413-354-HIFI (4434) or 707-654-HIFI (4434)