An increasing number of bars, taverns and microbreweries in Massachusetts are hosting concerts, food truck rallies and other special festivals. Event insurance can help mitigate some of the risks that come with holding festivals like these, and establishments are often able to purchase a policy well in advance of their scheduled celebration. In fact, there are several advantages to getting a policy sooner rather than later.
The work that electricians and electrical contractors do exposes them to a range of risks, and they typically need several insurance coverages to protect against those risks. If you perform electrical work in Massachusetts, getting electrician insurance that includes the following coverages is probably a good idea.
Most condo insurance policies offered by Massachusetts insurers contain multiple coverages that provide protection for different items and/or incidents. While policies’ exact coverages are determined by their specific terms, conditions and exclusions, here’s what protections you might expect to find in a condo policy.
Conducting periodic reviews of your car insurance policy helps make sure you’re properly covered and are getting a fair rate for the policy you have. The Following are a few times when you should talk with an independent insurance agent in Massachusetts about your current auto insurance policy and other insurers’ policy offerings.
Most boaters in Massachusetts are able to get boat insurance policies at affordable rates. There are steps, however, that boaters in the state can take to keep their boat policies’ premiums as low as possible. If you’re looking for a boat policy, here are some ways you might be able to save on watercraft insurance.
There are many factors that impact how much drivers in Massachusetts pay for car insurance. There are also things that drivers sometimes think affect their premiums but don’t actually have any impact. If you own a vehicle in the state, here’s a look at some of the factors that are likely affecting your auto insurance premiums -- and some that probably aren’t.
In the digital world that so many businesses operate in today, it’s necessary to insure more than just physical property. Businesses must protect their digital data, as well. Here’s a look at the protections that commercial property policies usually provide Massachusetts businesses with -- and why most businesses should consider getting cyber insurance.
How Can My Business Answer the “Warranty Question” When Applying for Directors and Officers Insurance?
When applying for directors and officers insurance, your Massachusetts business will likely be asked a “warranty question.” Insurers word this question in various ways, but it generally asks whether the applying company is aware of any facts, circumstances or situations that could lead to claim against the insurance policy. Any issues disclosed are typically excluded from coverage, which can make this question challenging to answer. Here are some tips on how your business may want to approach this question.
From flower to candy to jewelry, Valentine’s Day has become a major gift-giving holiday. With over $18 billion being spent each year, over $4.4 billion is spent on jewelry alone. If you’re among the many buying your sweetheart something sparkly this year (Valentine's Day or not), do you know how to protect your purchase? Insuring your jewelry with jewelry insurance can help make sure the gift lasts a lifetime.
Employment practices liability policies help protect Massachusetts businesses from employment-related liability claims. For covered claims, policies typically help pay both legal fees and settlements associated with the claims (up to the policies’ limits). Here are some examples of incidents that your business could be involved in and an EPLI policy might cover.
Many Massachusetts businesses have thousands, and sometimes tens of thousands, of dollars invested in computers and mobile devices. Because computers are so valuable -- and the data on them is often even more valuable -- it’s important to make sure they’re properly insured. To best insure your business’ computers, your company will probably need a combination of cyber insurance, commercial property and inland marine insurance. Here’s a look at how these three coverages can work together to help protect your business’ computers and the data on them.
General liability insurance offers a broad range of coverages, which protect businesses from a number of potential perils. The particular coverages that any one general liability policy offers can vary, but businesses can usually find a policy that has coverages tailored to the business’ needs. One particular coverage that businesses may want to consider getting is product liability coverage. Here’s a look at what this coverage provides, what sorts of businesses need it and how your Massachusetts business might procure it.
In most situations, an insurance claim is covered by a single policy. Occasionally, however, claims in the contracting industry can legitimately be covered by both a contractor’s own insurance policy and a project’s insurance policy. In these situations, it can be difficult to decide which policy to file a claim against. If you’re a contractor in Massachusetts, here’s a look at the advantages and disadvantages of filing such a claim with your own contractors insurance policy or a project’s insurance policy.
Renters insurance offers Massachusetts residents who lease houses, townhomes and apartments with affordable coverage for their from a variety of perils. Here’s a look at perils that many renters policies protect against.
Personal umbrella insurance is a form of personal insurance, but it might better be called a type of family insurance. For, most personal umbrella policies offered by insurers in Massachusetts provide coverage for both the policyholder and their immediate family members. If you have a personal umbrella policy, here are some examples of incidents that family members might be in and your policy may cover. (Exact coverages can vary. Whether your policy would cover these particular incidents depends on its terms, conditions and limits.)
Commercial property insurance policies are complex documents that carefully detail precisely what protections they offer. While Massachusetts business owners should review all of a policy’s paperwork when purchasing a policy, there are a few particular items to pay special attention to. If you’re in the process of getting business property insurance for your business, make sure you carefully review these five items before purchasing a policy.
Just as insurance companies offer drivers a number of potential discounts on their auto insurance, they also give motorcycle owners many potential discounts on their insurance policies. Here’s a look at just some of the discounts that Massachusetts insurers offer on motorcycle insurance. (Each insurance company has a slightly different list of discounts that it offers.)
You’re, of course, welcome to ask your independent insurance agent about life insurance any time you’d like to. There are, however, a few particular times when you should make a point of talking with your Massachusetts agent about life coverage. Whenever you go through one of these significant changes, it’s probably a good idea to review your life policy.
On the surface, canceling a seasonal business’ commercial auto insurance when the business’ season comes to a close may seem like a savvy financial move. If a seasonal business doesn’t need to use vehicles when it’s closed, why should it have to pay for commercial auto coverage? One may be led to believe that eliminating these premiums may help keep overhead low during the offseason.
Not insuring a seasonal business’ vehicles -- even if they aren’t in use -- can have two significant drawbacks, though. If you own a seasonal business in Massachusetts, here’s why you may not want to cancel its commercial auto policy when its season comes to an end.
Independent insurance agents frequently recommend business owners policies to small businesses in Massachusetts that have typical insurance needs. They often suggest these policies because the policies are designed to meet small business’ insurance needs -- and because the policies offer several benefits. Here are four benefits that a business owners policy will likely provide.
As is the case with most kinds of insurance, there isn’t one amount of business interruption insurance that’s right for every business. How much coverage your Massachusetts business ought to carry depends on its risk exposure, financial position, and operations. Here’s a look at the different protections available that your business might want.
Flood insurance is available on several markets, although not all markets are available to all Massachusetts residents. Here’s a look at the different places where people in the state might get flood coverage.
There are many preparations to make when going on a trip. In addition to packing, making travel arrangements, finding lodging and planning activities, it’s also important to check your condo insurance policy if you own a condominium in Massachusetts. You’ll want to make sure your condominium continues to be insured while you’re gone.
Drivers across Massachusetts are getting an unhappy surprise: auto insurance rates are on the rise again, affecting even drivers with no recent accidents. With rates rising between 6 and 9 percent in 2016, they’re set to go up another 3-6% in 2017 (according to the Boston Globe), making many drivers question why. The answer comes down to one thing: technology.
Massachusetts has many waterways to explore by boat. The waters of Cape Cod and Nantucket, MA are legendary, and there also are a variety of inland lakes to enjoy as well. Before taking your boat on any of the state’s waterways, you should first check your boat insurance policy to make sure it covers boating on the waters you intend to go out on.
Throughout the year, many businesses in Springfield, Massachusetts will host company events. Alcohol will likely be served at a number of these events, which presents potential liability risks. Before your business hosts an event where alcohol is served, make sure it’s protected from these risks by liquor liability insurance.
Massachusetts generally requires employers who have employees to carry workers compensation insurance, but subcontractors fall into a gray area. Sometimes businesses need to provide workers comp insurance coverage for subcontractors, and other times they don’t. If a business has to provide coverage, its policies premiums typically increase -- and sometimes they increase unexpectedly. The easiest way to reduce the likelihood that hiring subcontractors increases your West Springfield, MA business’ workers comp insurance premiums is to only hire subcontractors who have their own insurance coverage.
For New England snowmobile enthusiasts, a fresh blanket of white is an invitation to get out and enjoy the winter. These powerful vehicles provide an exciting ride through a variety of terrains. However, they carry a risk for personal injury if you’re not careful. Following some basic safety tips can ensure a winter of safe and fun riding.
When your business relies on a computer system to function, a computer failure can be devastating. From lost time to lost data, the effects of a system failure can be far-reaching. Computer system failures can occur for a variety of reasons, many of which can be prevented to help save your business from the effects of a system failure.
New stories of cyber attacks and data breaches have become a regular occurrence. While many nationally run stories focus on incidents involving major companies that have vast amounts of data, big companies are far from the only businesses that need to insure themselves against data breaches. Here are five potential incidents that show why small and medium businesses in Northampton, Massachusetts should consider getting a cyber liability insurance policy.
Roommates in Springfield, MA sometimes purchase renters insurance together so they can split the premiums associated with the policy. Splitting premiums may seem to make sense, as it can save you a few dollars each month. Adding a roommate to your renters policy can expose you to more risk, though. Here’s why you may not want to add your roommate to your renters policy.
When purchasing a house, there are many different items to take care of. After placing an offer on a house, most homeowners have to qualify for a mortgage and want a home inspection completed. Most homebuyers also need to have a title check done and negotiate with the seller if they provide a counter offer. It’s also usually necessary to obtain homeowners insurance. If you’re buying a house in Ludlow, Massachusetts, here's why you’ll want to shop around for a home insurance policy before your closing date.
The holidays are a time full of fun and festivities. The added activities of the season sometimes lead to an increase in accidents, though. Thankfully, homeowners insurance policies don’t take the holiday season off. As long as their premiums are paid, their coverages remain in effect -- and those coverages provide protection for many potential accidents. If you have an Easthampton house and it’s properly insured, here are three holiday mishaps that your home insurance policy might cover.
Some corporations spend hundreds of thousands, if not millions, of dollars on commercial property. After spending so much money on commercial property, many corporations are willing to do anything in their power to protect their investments. Unsurprisingly, commercial property insurance is an incredibly popular option among corporations in Springfield that cannot afford a commercial property loss. If you recently purchased insurance for your commercial property, here is some information that will help you understand your policy.
Many drivers are surprised to learn that their credit score can possibly have an impact on car insurance rates. In most states across the nation, insurers take into account drivers’ credit scores when calculating premiums. Drivers in West Springfield, however, don’t have to worry about their credit score when they request auto insurance quotes.
Along with providing coverage for your Chicopee, Massachusetts house, your homeowners insurance policy likely also includes coverage for your personal possessions. Precisely what belongings are covered and how well they’re covered, however, will depend on the terms, conditions, and limits of your policy’s personal property coverage section. Here’s how to make sure your possessions are properly insured.
Many homeowners insurance policies’ liability provisions include coverage for dogs and their actions. Some insurers, however, exclude specific breeds from the policies that they offer to West Springfield, Massachusetts. Additionally, a few insurers don’t include coverage for dogs in their standard policies. Therefore, if you’re thinking about getting a new pooch, you should first review your homeowners policy to see whether you’d be covered if your dog caused any harm.
You may be pleasantly surprised to learn that there are several ways to potentially save money on your East Longmeadow condo insurance. Learning what discounts are available and when they might apply in your situation could be the key to substantial savings.
Although efforts are being made on a federal level to stop the sale of any new or used car with a safety recall, we are not quite there yet. The law varies from state to state on whether or not the dealer has to disclose cars on their lots have open recalls, which means, you, the consumer, are vulnerable and could potentially drive off the lot in an unsafe vehicle.
Condo insurance works in much the same way as a regular homeowner's insurance policy, but with a few key differences. For Easthampton, MA condo owners, choosing the right type of condo policy can be very important since typically you are responsible for any damage or claims arising from events originating in your unit. While condo insurance policies differ somewhat according to specific buildings, providers and options, this is what is usually covered under a standard policy.
Most businesses have many interests that must be protected at all costs to prevent failure and financial ruin. One example of such an interest is the wellbeing of workers hired by a business, especially if the workers are classified as employees. In the state of Massachusetts, all employers must have workers compensation insurance. While this may seem like a fairly straightforward rule, many business owners in Longmeadow, MA are unsure whether their independent contractors should be covered by a workers compensation policy.
After working hard to save and get into a house, the last thing you want is to see your home burning to the ground or learn its just been burglarized. Purchasing a homeowners insurance policy in Easthampton is a smart way to protect your assets, but there are many methods you can use as a homeowner to protect your property.
Many Springfield residents are happy with their current insurance policies, thinking that if anything were to happen, they could file a claim and the insurer would take care of everything. This is only true up to a point. If any damages are above the standard policy maximum limits, the insurance company will only cover part of it, leaving the homeowner to fend for themselves in order to pay off the rest. A personal umbrella insurance policy can dramatically raise the maximum limits on homeowners and auto policies, as well as other individual policies you may have purchased. These four scenarios demonstrate the importance of umbrella insurance for Massachusetts residents, especially for high net-worth individuals.
Employment practices liability insurance can help businesses protect themselves from employment-related claims and lawsuits. This insurance, however, isn’t just for organizations needing business insurance. If you run a nonprofit organization in Northampton, Massachusetts, it may be wise to protect your nonprofit from covered claims with a policy.
Pollution liability insurance dates back to mid-1980s when polluting industries started facing massive court judgments against them brought about by people whose lives were affected by traceable pollutants. Though the industry has gone through some ups and downs, it's important for manufacturers in Springfield to carry at least a basic pollution policy.
Many college students rely on the personal property coverage of their parents’ homeowners insurance policy to protect the belongings they take with them to school. While a standard homeowners policy may provide coverage for a college student’s belongings, not all do. If you’re headed off to college from Northampton, Massachusetts this fall, make sure you check your parent’s homeowners policy before you move into your dorm room. Here are two important coverages to look at:
Undoubtedly, many homeowners make protecting loved ones and assets their main priority. Accordingly, most people in Wilbraham opt to pay for homeowners insurance as a precaution. However, some people find themselves in a situation where a basic homeowners (or auto) insurance policy is insufficient for their needs. If you happen to be in this situation, you may want to consider personal umbrella insurance. Here is some information that will help you determine whether you could benefit from umbrella insurance.
Insurance companies offer homeowners many different kinds of discounts on their insurance policies. Discounts vary from insurer to insurer. One discount that most companies offer is a multi-policy discount. Landlords in Ludlow, Massachusetts may be able to take advantage of this discount and save on their homeowners insurance.
Many people in East Longmeadow, MA struggle to choose the best policy for their business. This is especially true when CEOs and entrepreneurs compare a business owners policy and a commercial package policy. Not only do some business owners struggle to determine which policy will best protect their business, but many don't even know the difference between the two policies. If you're trying to identify the best policy for protecting your business, here is some information about the key differences between a BOP and a CPP.
Owning a business in Chicopee can be extremely rewarding both financially and from a quality of life standpoint. However, without a business owners policy to handle your insurance needs, you might end up losing the your company due to a lawsuit or natural disaster.
All the expenses of running a business can add up quickly. Consequently, you will want to save wherever possible. Knowing what your automobile insurance needs are and what discounts might apply is a wonderful way to save cash on commercial auto insurance in Ludlow.
No matter their size, all businesses need at least one insurance policy to help protect their interests. While the need for an insurance policy itself is universal, different businesses need different types of coverage. For example, not all companies have employees, but those that do would likely benefit from compensation insurance. If you employ individuals to work for your Springfield business, here is some information that will help you determine both your need and eligibility for workers compensation insurance.
Many bikers like to trick out their motorcycles with aftermarket parts and accessories. In some cases, custom add-ons can cost nearly as much as a bike itself. If you own a motorcycle in Longmeadow, Massachusetts that has lots of aftermarket alterations, make sure your motorcycle insurance policy covers all your custom parts and accessories. If it doesn’t and something happens to your motorcycle, you might not be able to afford to replace it.
For many people, owning a condominium allows them to enjoy the perks of an apartment and a house at the same time. Just like a house, you can buy and own a condo. However, many condos are "apartment-styled" in that the owners live in close proximity and often share a wall. Not only do condo owners enjoy a better sense of community, but they also don't have to deal with maintenance needs thanks to condominium associations.
Whether you’re cruising down the highway on your motorcycle far, far away from Springfield or heading to work, you’re taking risks. You could be injured in an accident or ditch your bike beside the road. Consequently, it’s up to motorcyclists to take extra precautions, drive defensively, or even complete a motorcycle safety course, which could lower motorcycle insurance premiums.
There are a few different ways that you can save on your homeowners insurance that most people do not know about. The savings may not be a lot compared to your premiums, but over the course of a year, you may be able to see a noticeable difference. Because of the specific policy adjustments that different insurers offer, the amount of money saved by a Longmeadow resident may be more or less than someone on the other side of the country. Either way, these four pointers may both help you save money, and contribute to the protection of your home.
The risks involved in personal as opposed to business use of a motor vehicle in and around Wilbraham are different. When circumstances and use aren't covered by your personal insurance, it's likely that you'll be needing commercial insurance. It helps to cover a wide range of vehicles, and a trusty local insurance agent can help you find the insurance that best suits your business.
The lights are out, the store locked up tight, and the alarm is set. You go home for a relaxing evening, but are awakened by a late-night call from the police. Your store has been robbed. Tens of thousands of dollars of precious jewels – and profits – are gone. For 1 in 16 jewelry stores nationwide, this scenario is all too real, with over $60 million in thefts reported annually. You may have the typical business insurance to protect your store, but do you have the right Massachusetts jeweler insurance you need to protect your business?
For most drivers in Longmeadow, Massachusetts, a personal auto insurance policy provides plenty of coverage. Drivers who use their vehicles for business purposes, however, may find that a personal auto policy doesn’t afford enough protection. They may need a commercial auto insurance policy, instead, to offer all the protection expected from business insurance. If you use a vehicle for work and aren’t sure whether you need a commercial policy, here are four questions to ask that will help you determine which type of auto insurance to get.
Running a business can be very rewarding, but it is not without risk. Everyone in Longmeadow understands that you need to protect your business with insurance. However, you may not know what you need to protect against. Understanding your risks will help you purchase the most important small business insurance coverages to protect your business.
Whether you are part of a large corporation or a small family owned business in Longmeadow, cyber attacks are always a threat. Businesses that collect credit card information or maintain databases with client information could be a target for thieves trying to steal data. In this modern age, one of the best ways to protect your business beyond your groundlevel business insurance is by investing in cyber liability insurance.
Basic business insurance policies are a must-have for companies of all sizes. Large corporations also seem to know automatically to invest in Employment Practice Liability Insurance (EPLI) in order to better protect their business. Many small businesses in Springfield, however, find Employment Practices Liability Insurance coverage a low priority. It is infact a very smart investment for all business owners because it acts as a first line of defense in the event that the company is accused of any wrong doing by their employees. Alarmingly, nearly half of the EPLI claims filed in the U.S. are against small businesses. If that isn't enough to convince you to contact your local Massachusetts independent insurance agency, there are a few more reasons why you should make an investment today.
In the past, claims for pollution liability were mostly covered under a company's business insurance policy. This changed in the 1980's after the industry was hit with many expensive asbestos claims and now this coverage must be purchased separately. Springfield specialists warn that many businesses who should have pollution coverage are left exposed to liability. It's a common misnomer that pollution claims are only filed against large manufacturers or offshore oil companies. In fact, some very common businesses have pollution exposure, and yours could easily be one of them.
Massachusetts, like many other states, requires all vehicles to have auto insurance. For Springfield businesses, that means making sure all company-owned or used vehicles are covered under their commercial insurance policy. This important coverage helps to protect your business, paying for property damages, liability claims, and more as determined by your specific policy.
Not all homes are created equal. Longmeadow homes with unique features, and higher than average market value may fall into the “high value” category. Once you’ve determined your home is considered “high value”, you need to seek out insurance that can properly cover your property. High value home insurance policies provide more coverage than a typical homeowners policy, allowing you to fully restore your home if it is damaged or destroyed. To get this coverage, there is a thorough appraisal process.
Running a home-based business is a profitable venture for many Springfield residents. However, without proper insurance coverage, all your hard work can quickly be destroyed. What many home-based business owners fail to realize is that their homeowners insurance has very low limits on what business property will be covered. Many home-based businesses need commercial insurance to be fully protected.
The purchase of homeowners insurance is not a one-and-done deal. As homes in the Springfield area increase in market worth and more valuables get collected at home, your standard homeowner insurance policy may not provide the desired or necessary coverage. A high value home insurance policy with higher coverage limits may be a better option.
Natural disasters and emergencies can happen at any time, causing business disruptions. Proper planning now means you'll be better able to handle the aftermath of any emergency. In addition to planning for evacuations, lock downs, and other emergency-response activities, examining the state of readiness of your insurance coverage is also necessary. The right small business insurance can speed up recovery from a potential Springfield area disaster.
Your contracting business can involve many types of risk that necessitate insurance coverage. Contractors face potential liability for the work of employees, as well as the work of engineers and architects involved in their project. You also need coverage if the client’s property is damaged, as well as insurance for your commercial vehicles and your equipment. Contractors in Springfield should work with an agency that specializes in contractors insurance to get adequate policy coverage.
Operating an auto dealership involves several types of risk. As a result, you need to protect your dealership with several important coverages. Policies like floor plan insurance are crucial for your inventory. General liability coverage offers protection for accidents that may occur on the premise. Similarly, property and theft insurance protect repair shops. Make sure to work with Springfield insurance experts to determine the right insurance coverage for your dealership.
It’s your first new car, and you want to protect it. Liability insurance, which protects you and other people on the road, offers the greatest protection when working with Springfield insurance experts. You may also want to obtain collision and comprehensive coverage, which will help you ensure that your vehicle receives the repairs it needs after an accident.
Almost all Springfield businesses must invest in assets to operate a business. To keep your business running, you need to protect your assets from damage or theft. Proper small business insurance coverage can help you stay in business and serve customers.
A benefit of being a smaller business in Springfield is that you can keep many of your costs low until you expand and have more cash available. At first glance, it might seem like you can keep your small business insurance costs down by choosing policies with low cover limits or even passing on some forms of cover altogether. When it comes to liability insurance, however, your needs may not be proportional to the size of your business.
Life can be hectic, and you're bound to have times when you'll need to borrow a car or drive someone else's car. When these situations come up, you should consider a short-term car insurance policy.
While contractor insurance is often sold as a standard package, it's anything but standard. Due to the sheer diversity of the risks covered by such policies, it's well worth finding an insurer who takes the time to create a custom package that fits the needs of your Springfield business.
The freedom of running your own business from home is an attractive option that more and more people in Springfield are choosing every day. One thing that can be easily overlooked is the need to consider small business insurance -- and the consequences that working from home can have for your household insurance.
It's often said that the real value of a business lies in its staff, and with a small Springfield company, that can be particularly true. Key person insurance (also known as key man insurance) is a form of small business insurance designed to cover the financial effects resulting from the death of a key employee.
Managing a Springfield business as a contractor can be very rewarding, as you work with homeowners to design and build the home of their dreams. Your advice and craftsmanship helps their dream home become a reality. It's important, however, to manage your business risks. Contractor insurance can help insure your business against damage to property or an injury received on the job. Here are five great reasons to consider contractor's insurance:
Many people have great memories of their homes. In addition to a place where you raise your family, your home is probably your most valuable asset, and as such, it's critical that you properly insure your home against damage or theft. Some types of potential damage, such as flooding, are not covered in a basic homeowners insurance policy. To address these potentially uncovered events, work with an insurance service center.