Daman Associates
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Daman Associates
Daman Associates Inc. is an insurance agency that was established over 25 years ago and is now managed by Noel Albert, a 25 year veteran in the insurance industry. We understand that NJ Residents are paying some of the Highest Insurance Premiums in the US. As an independent insurance agency we are able to quote great savings to our clients and prospective clients.

In many cases we are able to save clients Up to 30% on their current insurance bill. In addition, we are also able to find other savings when clients bundle multiple insurance policies together. Specializing in all lines of personal and commercial insurance, we have access to over 100 markets. Our offices are located in the Franklin Lakes and Edgewater areas.
Services
Daman Associates Inc. offers a free, easy auto quote form so that you can see how much you could be saving. NJ Auto insurance is absolutely necessary for drivers. Unfortunately, it can also be confusing and frustrating. At Daman Associates Inc., we work with multiple carriers, which means we can provide you with options.
An annuity is a contract between you and an insurance company, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date. Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a guaranteed minimum amount, such as your total purchase payments.
A classic car is not an antique car. Though this may be a tad confusing to people who aren't automotive aficionados, it's important to note, especially if you're looking for an affordable insurance policy. What's the fundamental difference? A classic car enjoys its fair share of road time and needs a more comprehensive coverage plan.
A condominium combines the convenience of apartment living with the investment advantage of ownership. Daman Associates Inc. offers a policy specifically designed for individual condominium unit owners. Buying insurance is different for a condominium unit owner than for owners of conventional homes or renters.
Individual disability insurance is truly a basic concept. It is an insurance product designed to replace anywhere from 45-60% of your gross income on a tax-free basis should a sickness or illness prevent you from earning an income in your occupation. Every disability insurance policy from every insurance company is very different, this is not a product to simply shop for the most competitive rate.
Reviews (9)
Carlos C.
Carlos C.
Oct 29, 2019
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It has been frustrating dealing with this agency. I had to follow up multiple times to get someone to acknowledge my request. When I called to express the issue, the staff was very defensive. My policies have been transferred to another agent as per my request. It has been 3-4 days now and have not heard back from the new agent. As of this morning, my policy has not been corrected yet...
Angelo V.
Angelo V.
Sep 05, 2017
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I've been working with Assad for years. I have policies for both home and auto with his company and he is always honest, reachable and easy to communicate with. I would recommend his services to anyone.
Rochelle Rojas
Rochelle Rojas
Aug 23, 2017
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I have worked with Yadira for over 5+ years and have nothing but great things to say about her and Daman Associates, as a whole. She has always found me great deals compared to other competitors. I definitely recommend using Daman!
Jim Porto
Jim Porto
Aug 14, 2017
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I had an excellent experience with Daman Associates when I was looking to reduce my car insurance payments for 3 cars. My agent came back with a great policy that was 30% less than my previous policy. Not only that I've called several times for various details and Assad is always right there to help. Highly recommend!!!!!
Omar Amer
Omar Amer
Jul 26, 2017
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Highly recommend this agency if you are looking for great service and best rates.
Arely Garcia
Arely Garcia
Jun 19, 2017
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I have been a client of Daman Associates for over 4 years now. The staff has been very helpful and courteous. Dealt mainly with Assad who has given me great advice and has assisted me every step of the way during a recent accident and most of all returns my calls!!! I give them a 5 star.
Thank you for your service.
Julio Ramos
Julio Ramos
Jun 05, 2017
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Anyone that requires insurance in New Jersey should contact Damon Associates ask for Yadi or Assad they're very knowledgeable, professional and always willing to go the extra mile to satisfy the customers needs and find you the best rates possible !
Donald Watson
Donald Watson
May 08, 2017
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I have written a total of 2 reviews in my life but I must say that my experience with Daman Assoc and in particular my agent, Assad Daibes, has been exceptional. Not only did I save a TON of money and get MORE coverage but Mr. Daibes' visit to my home educated me on the entire process and made me feel much more confident in the coverage I have gotten in the past through my friggin computer. ANOTHER great example of how personal human service is so valuable. Thanks for taking care of me and my family we are TRULY grateful for your professionalism and care.
Joe B.
Joe B.
Aug 15, 2014
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If you get insurance with these people, you're an idiot!!! Scam artists. Do not give them your checking account info!!!