Governor Cuomo has announced emergency measures giving New York residents and New York small businesses experiencing financial hardship due to COVID-19 a grace period of 60 days to defer payments for various kinds of insurance including auto, homeowners, renters, workers compensation and business policies. (Note: the deferral is 90 days for life insurance payments.)
The grace period applies to (i) individuals and (ii) small businesses with less than 100 employees, who have been hurt by the current emergency. If you have premium due in the next 60-90 days that you are unable to pay right now because of the COVID 19 emergency, please contact your insurance company and ask about alternative payment arrangements.
As an essential business, we are still working and are standing by, ready to help you with all your insurance needs.
Below is a link to the NYSDFS announcement if you would like more information.