TSC Direct Frequently Asked Questions

Jul 11, 2018

11 Jul

TSC Direct Frequently Asked Questions

by Robert Marsalona

FAQ: A Guide to the Most Commonly Used Insurance Terms and Tools–By TSC Direct

If you’re a New Yorker, insurance is probably not something you have time to scratch your head over. Whether you are trying to figure out the terminology behind your policy or a way to lower the cost of your car or home insurance, it can be a daunting task. This guide will outline these terms so that you can understand the language of your policy, and be a more informed consumer.

1. What is an insurance premium?

The premium is the yearly amount you pay for the coverage on your insurance policy.

2. What is an insurance deductible?

This is the amount that you, the insured, are responsible for in the event of a claim. In addition, no claim is paid out until this threshold is reached. (E.g. If your deductible is $1000 and you have a claim for $2500, your insurance will cover the difference of $1500; Conversely, if your claim was only $500 the insurance company would not extend any coverage)

3. What is the declaration page in my insurance policy?

These pages outline all of the coverage you have on the policy as well as any additional features you may have added. Declaration pages also list the deductible and premium.

4. What is an endorsement as related to my insurance coverage?

An amendment or addition to a policy that can alter the conditions of coverage. Certain endorsements are not mandatory and can be added or removed at the discretion of the insured (if you want to cut costs and get cheaper insurance, you can always check what endorsements are currently on your policy) . However, others are automatically applied depending on the guidelines of your company.

5. What is the insurance policy booklet provided by TSC Direct?

You may receive updated versions of this booklet and decide to throw it in your drawer with the rest, but these pages actually contain very useful and important information. All of the policy language, detailed explanation regarding what is covered (and what isn’t), along with a list of endorsements is all contained in this booklet.

6. What is liability coverage?

This coverage is in place for any situation where you are held personally liable for injury, damage or losses to another person. There are two types of liability insurance: bodily injury and property damage.

7. What is bodily injury coverage?

This type of liability covers expenses due to death or injury in an accident/loss where you are found to be at fault.  If you rear-end Jeff, a professional ball player, and he sprains his wrist, he will be out of the game. Bodily injury liability will provide compensation for his pain and suffering, lost earnings, and related expenses

8. What is property damage coverage?

This coverage is used to pay for damage to any material goods, like Jeff’s rear bumper, in the example above.

Need Affordable Homeowners, Co-op/Condo or Auto Insurance in New York? TSC Direct Can Help!

TSC Direct has been providing home and auto insurance in New York since 1986. We also over condo/co-op and renters insurance. We take pride in directly working with our customers to find the best possible coverage in each situation. See how much you can save on you insurance today by getting a quote or calling us at 1-800-JOIN-NOW  (800-564-6669)!



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Since 1986, we have offered the most competitive rates in auto and homeowner's insurance in the New York metropolitan area. Why should everything cost more just because we live in the greatest city in the world? Take 2 minutes and get a free quote today.

As  of December 31, 2019 Tri-State Consumer Insurance Company, known by its trade name, TSC>Direct, had admitted assets of $109,367,801 and policyholders surplus of $49,936,957.  Its total liabilities were $59,430,843 including $38,313,944 in reserves.

2020 All Rights Reserved. Tri-State Consumer Insurance Company, a division of Tri-State Consumer Inc., 100 Jericho Quadrangle, Suite 124, Jericho, NY 11753-2702
Providing auto and homeowners insurance to: New York City, Queens, Manhattan, Brooklyn, Bronx, Staten Island, and Nassau & Suffolk Counties in Long Island. Providing homeowners insurance also to: Westchester County and Orange County NY.