New York State Department of Financial Services extends grace periods for certain property/casualty insurance policies.  If you are an individual or small business and can demonstrate financial hardship as a result of the coronavirus pandemic.  
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New York State Department of Financial Services extends grace period and give you other rights under life insurance policy or annuity contract if you can demonstrate financial hardship as a result of the coronavirus pandemic.  Read more.


As we continue to monitor the spread of COVID-19 (coronavirus), the health and safety of our policy holders and staff is our top priority. Based on recommendations from the CDC (Center for Disease Control) as well as the recommendations from the New York State Governor,  SEFCU Insurance Agency has made the decision to temporarily close our offices located at 469 State Street, 3rdFloor, Schenectady and 297 Main Street, Schoharie beginning Friday, March 20th until further notice. 

This temporary closure affects SEFCU Insurance Agency offices ONLY. 

During this time of uncertainty, you can rest assured knowing that SEFCU Insurance Agency will continue to meet the needs of our customers. Agents are available by phone as well as email to service your policies, offer quotes, and answer any of your questions. We will not be staffing our offices or accepting premium payments in person.

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5 Ways to Save on Your Homeowners Insurance

Feb 1st, 2019

Most of us rarely think about our homeowners insurance and it’s easy to put a policy in place and then forget about it. But over time, our circumstances and coverage needs can change which is why it’s important to review your policies annually. Not only will you optimize your coverage needs but you could save money too! Here are five ways to save on your insurance costs this year.

1. Compare quotes
When shopping for insurance, it’s important to check with multiple carriers to compare coverage options and differences in premium. SEFCU Insurance Agency can do the comparison shopping for you to help you save time and find the best insurance rate depending on your coverage needs.

2. Raise your deductible
Your deductible is the amount you agree to pay towards a claim before your insurance company will step in to start covering the rest. If you select a higher deductible, you’ll likely receive a lower premium from your insurance company.  

3. Bundle your home and auto insurance
If you have an auto policy with one insurer and a homeowners policy with a different insurer, you might benefit from combining your policies with the same insurance company. Not only will this save you money but it can save you time down the road if you need to make changes to your policies.

4. Improve the safety of your home
Adding features like smoke alarms and storm shutters or making upgrades to electrical and plumbing systems will help prevent future damage and can help lower your insurance premiums.

5. Protect your home from theft
Installing anti-theft measures such as dead bolts, motion lights, or security systems can help reduce your insurance costs. You also may be able to receive a discount from your insurance carrier to purchase a security system.

Click here for a free quote or contact our team today at 888-250-6689 to talk about possible savings on your current policies!


For more information or to obtain a free, no-obligation quote please call our team at 518-786-9905 or 888-250-6689 (toll free).