The Lofrumento Agency Blog
Topics of interest inspired by real life events impacting our family and customers in the Clifton Park, NY area and beyond.
Being A Small Business Owner
The crazy life of a small business owner...Being a small business owner has its triumphs and struggles and it’s a way of life like no other. If you’re a small business owner, you know exactly what I mean. Undoubtedly, you’d tell others that it’s awesome because, if it...
Azuma Sushi Bistro Expansion in Malta
One of my favorite foods is sushi so, naturally, I was excited to hear about Azuma Sushi Bistro’s expansion in Malta. As an Ambassador for the Capital Region Chamber, I get to attend a lot of ribbon cuttings in the area and, since Malta is just a short drive from my...
39 Years of Love – Ronald McDonald House Charities of the Capital Region
Ronald McDonald House Charities of the Capital Region (RMHC-CR) has been Keeping Families Close since 1982. They proudly celebrated their 39th anniversary at the end of June and hosted a wonderful parade and block party with guest families and members of the community...
Term Life Insurance – What is it?
There are a lot of types of life insurance available. Some policies are designed to last as long as you’re alive, whether you die tomorrow, or you live to age 100. These are typically called Permanent Life Insurance policies. Other policies are designed to last for a...
What should I do at the scene of an accident?
It’s one of those situations that nobody wants to think about. You’re driving home from work on Route 9 in Clifton Park and someone rear-ends you at a traffic light. Do you know what you should do? Here are some tips on how to handle the situation at the scene of the...
Do I need to add my kids to my auto insurance policy?
I’m commonly asked when you have to add a young driver to your auto insurance policy. Parents are often hesitant to add their children as drivers on their car insurance policy because they know their rate will increase. Yes, it’s true that your rate will probably...
What is Water Backup Coverage?
It’s every homeowner’s nightmare to open the basement door and see their basement flooded with water. If you have a finished basement, it’s even more of a nightmare. After you get the standing water out, you’ll realize that everything you had on the floor is...
Insurance for eBikes
Insurance for eBikes Over the past few years, eBikes have become quite popular. What’s an eBike you ask? An eBike is a bicycle which has an integrated electric motor to enhance your peddling efforts. The assistance of the electric motor makes it easier to travel at a...
Before You Uncover The Car This Spring…
Wow! Have you been outside? It’s beautiful today! Sports car season is almost upon us. If you’re a sports car, muscle car or antique car enthusiast, you’re probably itching to get your car out, just like I am today. Before you hit the road this spring, make sure you...
Should I Keep My Snowmobile Insurance All Summer?
It’s about that time of year when I get a lot of calls asking to cancel snowmobile insurance policies because the season is just about over. Typically, that’s not a great idea. Insurance companies know that you’re not laying fresh tracks in the snow in mid-July but...
You Got This!
The past 12 months have been challenging for everyone. A global pandemic was something that I’ve read about in history books, but I never really expected that I’d live through one. The biggest thing I’ve learned from the pandemic is that flexibility is critically...
What’s With The Scooter?
For those of you who have been to my office, you’ve probably noticed the bright red vintage scooter on display. Many have asked, “what’s with the scooter?” It’s actually a piece of Allstate history. Back in the 1950s and 60s, when Allstate was owned by the Sears,...
Choosing The Right Insurance Deductible
The most common thing people remember about their insurance policy is the deductible. Makes sense… It’s your out-of-pocket expense if you need to use your policy. The lower the better, right? Well, not always. WHAT DO MOST PEOPLE HAVE? When helping a customer select a...
Calling All Adventure Junkies
The summer before COVID, my wife and I took our kids to Niagara Falls. We had a blast! My wife found us a nice hotel on the Canadian side, and we saw all of the major attractions. We took a boat ride on the Hornblower (the Canadian version of the Maid of the Mist), we...
Take Control. Don’t Let Distractions Rule Your Day.
Life was a lot different back in the eighties when I was a kid. Gas was under a dollar a gallon, you had to wait a few days to have film developed and kids would disappear into the vast outdoors all day without any adults knowing where they were. Today, gas is three...
Who’s the “Bundle Bee”?
I am. I’m the Bundle Bee. A number of years ago, a customer referred to me as the “Bundle Bee” when introducing me to a friend of theirs. I don’t remember the exact words, but it was something like “Hey Karen, meet the Bundle Bee, a.k.a. John the insurance guy. He...
Disability Insurance – Should I buy it?
Disability Insurance Have you thought about what you would do if you were unable to work due to an injury? Disability insurance could be the answer. For some reason, people are much more willing to buy life insurance than disability insurance. The statistics show that...
Pandemic Networking
One of my favorite parts of being a small business owner is meeting other local professionals and learning all about their professional and personal journeys. I enjoy making new connections and I’ve met some really amazing people at networking events, many of whom I...
Trust a CFP® Professional with your Insurance.
The reason you purchase insurance is to protect you and your family from the financial impact of life’s uncertainties, right? At least that’s why most people I work with are purchasing insurance. Taking that a step further — you face a lot of risks each day; some you...
Term Life Insurance or Whole Life Insurance?
Life Insurance If you're like most people, you know that you need life insurance but you're not exactly sure what type you need. There are a lot of options and you might not be sure how to decide what's right for you and your family. Here is a quick overview of the...
HI, I’M JOHN.
Here, I’ll post about everything from common insurance topics to community news and even my personal adventures. Insurance topics are inspired by actual events affecting our customers. The community news is based on the greater Albany, Schenectady, Troy, Saratoga area with a focus on Clifton Park, Ballston Lake, Ballston Spa, Malta and Glenville. My personal adventures will probably focus on my children. Enjoy!
John Lofrumento, CFP®, FSCP®, RICP®
President, The Lofrumento Agency
Clifton Park, NY / Ballston Lake, NY