NJ Auto, Home, Business, and Life Insurance for Your Lifestyle
General liability, property, automobile, workers compensation, inland and ocean marine, bonds, crime, fiduciary liability, employment practices liability, directors and officers, professional liability/errors & omissions
Homeowners, renters, condominium/cooperative, valuable articles and collectibles, personal excess, flood, automobile, motorcycle, mobile homes, watercraft, specialty
Lifestyle and Legacy
Individual life, survivorship, disability income, corporate uses for life insurance, key person life insurance, buy-sell insurance
Group medical plans, prescription drug coverage, long term disability, short term disability, group dental, group vision, group life, voluntary benefits
Business With Us
Schechner Lifson is one of New Jersey’s largest regional insurance agencies. With nearly 40 employees, we are a full service organization offering consulting, risk management services, and all forms of business, personal, life, disability, and group insurance.
We Are Not Like Most Agencies
When it comes to the complex world of insurance, Schechner Lifson believes a team approach is not only preferred, but required in helping our clients achieve their goals. That’s why Schechner Lifson provides a comprehensive portfolio of innovative consulting and insurance solutions to the problems of protecting human and property values by assembling a team of experts with the experience to get the job done.
We are an independent firm, not related to any one insurance company or investment vehicle. We provide consulting, sales and administrative services on both a commission and a fee basis.
Each principal of Schechner Lifson is in charge of a specific division within his particular area of expertise, giving every customer access to continuing communication with a managing principal. We then work cooperatively with your legal, accounting and banking advisors to design, implement and maintain a well-rounded plan that works to your optimum advantage.
Frequently Asked Questions
Yes, perhaps in this case the term “homeowners” is misleading because this is a package of insurance coverage that extends to all your possessions no matter where they are. If you take a round-the-world vacation and lose a valuable item, as long as the loss is by a covered event or peril, the location does not matter.
The same rule of thumb applies to renters as to homeowners. If catastrophe struck tomorrow, could you afford to replace everything you own? Or if you were sued, would you have enough money to pay legal fees and possibly settle the suit? If not, chances are you would benefit from the protection that renter’s insurance brings.
Renters insurance offers the same general personal property coverage and liability protection as a homeowners policy. Thus, your camera is insured while you are on vacation, and you are covered if your grandfather clock crashes into the apartment lobby’s wall and leaves a gaping hole. In fact, most policies are surprisingly extensive and may include additional living expenses (also called loss-of-use coverage) if you are forced by fire or other damage to live elsewhere.
Vehicles are also grouped into categories according to their likelihood of being damaged, vandalized or stolen. Insurers generally consider the size and type of vehicle, as well as the value and the cost or repairs (which can vary greatly, even on vehicles that cost roughly the same). Thus, a new station wagon is expected to hold up better in an accident than a sports car or a subcompact.
Putting insurance aside, safety is key when buying an automobile. Your life depends on it! Some cars are considered safer than others because of their performance record in safety tests and real accidents.
That’s why you should research insurance coverage before you buy your car. It helps you to understand the actual cost and indicates those vehicles with good safety records. Your insurer will ultimately reward you for putting safety first.
Approximately 35 million auto accidents occur each year. If you are involved in an accident, knowing what to do may help alleviate some of the anxiety that an accident causes. At the Scene:
- Stop your car and get help for the injured.
- Have someone call the police or highway patrol. Tell them how many people were injured and the types of injuries. The police can then notify the nearest medical unit.
- Give whatever help you can to the injured but avoid moving anyone so you don’t aggravate the injury. Covering an injured person with a blanket and making that person comfortable usually is as much as you can do.
- Provide the police with whatever information they require. Ask the investigating officer where you can obtain a copy of the police report. You will probably need it when you submit your claim to your insurance company.
- Try to protect the accident scene. Take reasonable steps to protect your car from further damage, such as setting up flares, getting the car off the road and calling a tow truck. If necessary, have the car towed to a repair shop. But remember, your insurance company probably will want to have an adjuster inspect it and appraise the damage before you order repair work done.
- Make notes. Keep a pad and pencil in your glove compartment. Write down the names and addresses of all drivers and passengers involved in the accident. Also note the license number, make and model of each car involved and record the driver’s license number and insurance identification. Record the names and addresses of as many witnesses as possible, as well as the names and badge numbers of police officers or other emergency personnel. If you run into an unattended vehicle or object, try to find the owner. If you can’t, leave a note containing your name, address and phone number.
- Record the details of the accident.
What Our Clients Say
We all work together to provide comprehensive risk management services to our clients.
For over 100 years, Schechner Lifson Corporation’s mission has been to provide superior insurance and financial services to our customers through our group of highly creative and intellectual associates. We believe that accomplishing this mission will provide exceptional levels of reward for our customers and ourselves.