This question is an important one to ask each year. The passing of years can affect the cost of rebuilding your home or replacing your vehicle.
Massachusetts Auto Coverage
ATTENTION ALL DRIVERS IN MASSACHUSETTS. Even if you have been driving since you were 16 and have never needed to file a claim. One day you slide on ice/snow and have an accident.
In Massachusetts, an incident like this could end up causing thousands of dollars in damage. If you have collision coverage with a manageable deductible as well as rental car coverage, you’ll most likely end up facing far less financial strain than if you were underinsured or had no physical damage coverage on your vehicle. In Worcester alone, there was over 2,000 accidents in 2020. To check out your Massachusetts crash statistics click here
Massachusetts Homeowners Coverage
Our Massachusetts homeowners take pride in home ownership. In Worcester County, 67% own homes. That is higher then the national average. Massachusetts and Worcester County deal with severe weather, sometimes unpredictable weather. Worcester County has heavy snow, flooding rainfall, ice damage and the occasional tornado. It is important to make sure you are completely covered.
As for, homeowners insurance, imagine you have a total loss of your home and you do not have any extended replacement cost on your home, you want to make sure your policy would cover the rebuilding costs no matter what.
Massachusetts Umbrella Coverage
Looking for the extra layer of security? An umbrella policy can give you just that! Chances are slim that you will lose a lawsuit for a sum greater than what your existing insurance will pay, but if you ever did find yourself in that situation, you could lose all your savings. Even the most careful person with the best intentions can end up on the hook for a huge judgment from a personal liability lawsuit. While you’re unlikely to find yourself in this situation, it’s still smart to protect yourself against such a devastating financial loss. Umbrella insurance can help you do that.
Personal automobile policies in Massachusetts may limit coverage for bodily injury at $35,000 per person and $80,000 per accident, and for property damage at $5,000 per accident. You may be able to purchase additional coverage, but it may only be limited to accidents associated with your automobile or boat
Upcoming or Recent Changes
Things in Massachusetts and Worcester County are looking up every day. Life will get back to normal before we know it. With normalcy, comes change. Remember, life events like getting married, moving, and when a teen starts driving can all affect your coverage needs and options. Knowing you have the right policy can help bring peace of mind as well as better financial security.
As 2021 gets going, reach out to make sure you’re adequately covered this year. Don’t wait, CONTACT US today to find out how we can save you money and keep you covered.