Q: "How do I obtain a sales tax ID (Certificate of Authority)?"
A:
"To obtain a Certificate of Authority, you must file form DTF-17 "Application for
Registration as a Sales Tax Vendor" with the NYS Deparftnent of Taxation and Finance
at 20 days but no more than 90 days before you begin operating your business. If your
application is approved, your Certificate of Authority will be mailed to you. You cannot
legally conduct business until you have received your valid Certificate of Authority. To
order forms and publications, call l-800-462-8100. For general business tax information,
call 1-800-972-1233."
Q: "How do I obtain a street vendors' license?"
A:
"NYC Department of Consumer Affairs regulates and issues licenses for vending general
merchandise. NYC Department of Health and Mental Hygiene regulates and issues
licenses and permits for food related street vending. For your convenience the two
agencies have established a joint office at 42 Broadway, 5th floor, New York, NY 10004.
To contact either agency call 3-1-1."
Q: "I have a Bar/Tavern, What type of coverage does Liquor Liability cover and do I need this type of Coverage?"
A: "Yes, this coverage is very important, here what is covers;
Liquor liability insurance provides coverage for bodily injury or property damage for which an insured may be held liable by reason of the following:
- Causing or contributing to the intoxication of any person;
- Furnishing alcoholic beverages to a person under the legal drinking age or under the influence of alcohol; or
- Violating any statute, ordinance, or regulation relating to the sale, gift, distribution, or use of alcoholic beverages.
This coverage applies only if the insured is involved in the following activities:
- Manufacturing, selling, or distributing alcoholic beverages;
- Serving or furnishing alcoholic beverages for a charge, whether or not such activity requires a license or is for the purpose of financial gain or livelihood; or
- Serving or furnishing alcoholic beverages without a charge, if a license is required for such activity."
Q: "Does my Homeowners Coverage cover Flood damage?"
A: "Flood damage to your home and personal property is NOT covered by standard homeowner’s insurance policies.
Most insurance companies offer separate flood insurance policies for their customers. Good news renters- flood insurance is also available for you.
Lenders require flood insurance for any home in a standard flood zone.
Even if not required by your lender, we recommend obtaining flood insurance if your home has the potential to be flooded by a nearby river, severe rain or melting snow.
"
Q: " I have a small Beauty Salon, is it necessary to have insurance? What is Professional Liability and what does it cover?"
A: "Yes, it is extremely important to carry insurance for all business owners.
Beauty Salons and Barber Shops have the same risks as any other business; fire, trip and fall incidents, however Beauty Salons and Barbers also carry an additional risk; Professional liability.
Professional liability may be one of the most important kinds of coverage. It helps cover your clients when you actually are at fault for causing cosmetology damage while performing your service. Accidental cuts or dismemberment while shaving, or cutting the hair of a client. Severe Burns or Lacerations caused by perms or dyes. Many services performed by Salons can cause injury to a client, which would fall under Professional Liability coverage.
"
Q: "Is it better to use an independent Insurance Adjuster than file a claim directly with the Insurance Company?"
A: "lf you suffer a medium to large claim usually relating to fire damage, many times
it is advantageous to have an Insurance Adjuster represent you. Adjusters
represent you after your loss to make certain that you are getting the appropriate
amount of funds and that the insurance company is not trying to settle for less
than you deserve.
Many policy holders prefer to file their claim directly with the
insurance company, however, the benefits of having an adjuster, though, are
quite substantial. An adjuster's job is to know what type of settlement is fair in a
particular case and how to talk to insurance companies in a convincing matter.
The average policyholder does not know how to do these things himself and may
settle for much less than he could have gotten.
Additionally, companies may be more inclined to process your claim quickly and efficiently when they know a
qualified expert is watching them. Adjuster fees vary by company, but most
charge a certain percentage of the settlement.