We’ve all heard it before: a brand-new car loses 30% of its value when it’s driven off the lot. That means if your car is totaled or stolen, your insurance company will only pay out what your car is worth at the time of the claim. The purpose of Guaranteed Asset Protection—better known as GAP insurance—is to cover the “gap” between what you owe on your vehicle and what it’s worth at the time of the loss.
While GAP… Continue reading →
The most important policy you may think you don’t need
You lock up your home at night. You secure your children in 5-point harness car-seat systems and make sure you buckle up, too. You keep emergency numbers posted on the fridge, right near the phone. Then, with these things in place, you carry on.
And that’s our segue to a discussion on the king of the just-in-cases: life insurance. Understandably, this one tends to stir heebie-jeebies that other safeguards don’t.… Continue reading →
Even for a Massachusetts native, there are plenty of reasons to visit New England’s northernmost state. Go for the legendary lobstah. Check out the vast beaches or historic hiking trails. Shop the famed outlets, and score your favorite fashions for less.
But if you’re looking to score a bargain on your trailer’s registration, you’re wiser to stay close to home.
In recent years, many Massachusetts residents and business owners have succeeded in registering their semi- or utility trailers in Maine.… Continue reading →
“Can I take the car tonight?”
It’s one of those questions that virtually all parents anticipate, and that most ultimately will hear—time and again.
The thought of your son or daughter behind the wheel of a vehicle may stir a mix of emotions, from anxiety and fear to excitement and relief. Although the nuances of auto insurance may not be your top considerations, it’s important to place them high on the list. That’s because, among other reasons, your child needs… Continue reading →
Have you ever watched a big storm or witnessed an accident on the news that you hope would never happen to you and your business? The truth is you never know when a natural disaster or accident will hit. If it does, is your bottom line covered?
Business income coverage (also known as business interruption coverage), is protection against loss of income or profits. This coverage protects businesses if they have suffered a property loss or damage from a covered… Continue reading →