Insurance Education

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.