Home insurance claims are filed 365 days a year, but did you know that 51% of them are filed in the winter months? From frozen pipes to slips and falls, wind damage, and more, your risk of experiencing an accident is more likely from December through March in New England. The best way to reduce your risk is to take preventative measures and always be mindful of potential dangers.
Whether you just made your first big purchase and need to obtain an auto insurance policy, or you’ve been working with your local agent for decades, there is a lot of insurance jargon written into your policy that you may not be familiar with. The first step in understanding your coverage and making sure it fully suits your needs is to learn the language.
In 2009, there were 12.4 million ransomware attacks reported. In 2021, that number has skyrocketed to 812.67 million, with 92% coming through email. As we continuously shift to a technology-driven society, these numbers are only expected to rise along with the cost to individuals and businesses who fall victim to an attack.
When you purchase a new home, it’s standard practice to buy homeowners insurance, as it is usually a requirement from your mortgage company. However, when it comes to renting, only 37% of renters are insured. Why is it that so many people choose to forego this important financial safety net?
On average, a boat can cost anywhere from a few thousand dollars to upwards of six figures, depending on the type of boat you purchase. Aside from the boat itself, owners will likely also have to pay for mooring fees, towing fees, gas, and storage during the winter months. With such a large investment, you’ll want to ensure you have the proper protection in the event of theft, damage, or an accident.
As New Englanders, we know all too well that at the end of each winter, roadways are left with damage from months of ice, freezing rain, and fluctuating temperatures. These conditions create cracks that eventually turn into potholes under the weight of passing cars above. If you’re not careful, driving over a single pothole can cause up to thousands of dollars in damage to your vehicle.
This past year, most Americans have faced financial loss in one way or another. As a result of the ongoing COVID-19 pandemic, many found themselves suddenly laid off, unemployed, or closing the doors to businesses they built from the ground up. To combat this loss, many have turned to side-hustles to help make ends meet and to stay afloat during these challenging times. If this scenario sounds familiar to you, be sure you're taking the extra steps needed to protect yourself and your business with an insurance policy.
In the event of a fire in your home, you may have as little as two minutes to escape before it becomes life-threatening and only five minutes before your entire home is engulfed in flames.
With the holidays upon us, the season of craft fairs has begun. In cities across the United States, many individuals will set up tables at craft fairs to sell holiday trinkets, jewelry, clothing, accessories, baked goods and other items they have proudly crafted. While you may think of this as “small business”, the creative industry continues to be an avenue for individuals to supplement their income with a “side gig”. According to the Association for Creative Industries, the total size of the creative industry in the United States is $43 billion dollars!
Are you ready for Cyber Monday? This year, Cyber Monday — the busiest online shopping day of the year — is on December 2nd, with many stores starting their online sales even earlier. According to CNBC, Cyber Monday sales in 2018 increased 19.3 percent from the previous year, with a record high of $7.9 billion spent online; transactions made on mobile devices alone increased 55.6 percent.