An ounce of prevention may prevent a pound of headaches
As the weather turns cooler––and in New England, downright cold––we spend more time in our homes, and the risk for some types of potentially catastrophic home damage increases.
The two most common type of seasonal loss reported by homeowners in the fall and winter months are water and fire damage.
Unfortunately, water damage caused by frozen and burst pipes can be all too common in our region. Here… Continue reading →
3 misconceptions about flood insurance
In Massachusetts, we enjoy the classic rock hit “Dirty Water,” especially during baseball season in the summer. But it’s a whole different story when that dirty water invades your home.
According to the Federal Emergency Management Agency (FEMA), flooding is the most common natural disaster in the United States, affecting every region and state. Yet there are many misconceptions about flood insurance, and you might mistakenly believe your home is covered when it’s not.
Misconception:… Continue reading →
Before you get your motor runnin’ and head out on the highway, do you know if you have the right insurance coverage for your motorcycle? The answer may not be as simple as you think.
Coverage requirements vary by state. At a minimum, Massachusetts requires that you carry:
- • Bodily injury to others with limits of $20,000 per person or $40,000 per accident
- • Personal injury protection of $8,000
- • Liability coverage for underinsured automobilists of $20,000 per person or… Continue reading →
You may assume you will. That assumption could be a retirement planning risk.
How long do you think you will work? Are you one of those baby boomers (or Gen Xers) who believes he or she can work past 65?
Some pre-retirees are basing their entire retirement transition on that belief, and that could be financially perilous.
In a new survey on retirement age, the gap between perception and reality stands out. The Employee Benefit Research Institute (EBRI) recently published… Continue reading →
If you watch any TV these days, it’s likely you’ve seen the commercials: all matter of wildlife, from ducks to geckos, pigeons to Snoopy, trying to sell you insurance from major national brands. They are often good for a chuckle, and lead you to believe that shopping for insurance is fun and simple––a matter of checking a few boxes on an online form. But if you really think about what’s at stake, isn’t it worth spending a little time with… Continue reading →