Getting the proper insurance for your jewelry can give you peace of mind.
…get a re-appraisal of your jewelry every five years or so, however if the commodity price fluctuate, as they generally do, weather prices increase or decrease, you might need to appraisals to make sure you coverage is sufficient. So if you recently have got your jewelry appraised in the last couple of years, if not, there is no better time than now to re-appraise your jewelry. Once you do that, come to O’Connor & Co. Insurance Agency, Inc to make…
Absolute Pollution Exclusion: What It Means for Your Insurance Coverage as a business owner or homeowner.
…orations actions and inactions. In court, success was mixed, and insurance companies were forced to cover the cleanup costs. At this point, insurance companies found the cleanup too expensive and a threat to their own solvency. To prevent future exposure to these costs, these companies stopped providing protection against pollution in their standard policies. Details of Absolute Pollution Exclusion It is important to note that this exclusion is no…
Liquor Liability
…and battery coverage is also available, as well as discounts if your staff completes an approved alcohol training program. Function spaces which do not themselves sell alcohol may be able to purchase host liquor insurance for liability protection if they host events involving alcohol. Massachusetts liquor liability laws can be complicated, so speak with an O’Connor & Co. Insurance agent for help with navigating the options. Whether you are located…
Builders Risk
…ich occurs on a construction site; the policy expires once construction is completed, at which point standard property insurance kicks in. Lenders will often require evidence of an appropriate builders risk policy before issuing funding. The builders risk policy is usually in the property owner’s name but the general contractor could also purchase the policy as part of their contract. Typical Massachusetts builders risk policies can cover: Fire Wi…
Mobile Home
…rd homeowners insurance, but with an awareness of the lighter construction materials and other quirks of mobile and manufactured homes. Policies typically include: Dwelling coverage, for repairs if the structure is damaged in an accident Personal property, to replace items destroyed in an accident or stolen in a burglary Liability coverage, for injuries or damage incurred by guests or visitors Additional living expenses, if you need to relocate du…
Construction Insurance
…isk insurance is usually required by lenders prior to financing a project. Commercial Auto – This covers damage to company cars, trucks, vans and trailers used for business, as well as injuries and damages caused by an employee driving accident. Whether you are a general contractor in Massachusetts or an independent tradesperson in Connecticut, contact O’Connor & Co. Insurance Agency, Inc. today for more information about creating an affordable…
Business Umbrella
…me liability coverage, even one serious mistake, accident or lawsuit could easily exhaust your standard liability insurance limits. A commercial umbrella insurance policy with O’Connor & Co. Insurance Agency can provide your small business with an additional safety net for these situations. For a reasonable premium cost, business umbrella insurance can offer liability coverage well beyond standard liability insurance limits. A typical umbrella pol…
How to earn a discount on home and car insurance in Massachusetts.
…your old agent, insurer and Registry to let them know about the change in company. Comparison shopping is the best and easiest way to secure a “second opinion” competitive quote. In most cases, multi-line discounts are the best way to get the same level of coverage for a lower price.Everyone wants to save money on insurance. But many people in Massachusetts don’t realize how easy it is to get a “second opinion”. Multi-line discounts (Home and Aut…
What you need to know about Long Term Care Insurance.
…rance now before you need it. What It Covers Long term care insurance is a completely separate product than normal health insurance or disability insurance. This insurance is intended for individuals who need long-term care at home or in a care facility. The idea behind the product is that you pay for the services that you may need later. If you need long-term care later in life, you have the arrangements already made. If you do not require long-t…
Dog breeds that could raise your insurance rates.
…makes them a very dangerous breed to own, especially around children. • German Shepherds make great police dogs and pets. However, they are territorial and protective. If unfamiliar relatives, friends or strangers come calling, they might be met by a not-so-welcoming host. Almost any dog can be provoked, but the ones on this list are notorious. Keep that in mind when you’re choosing a new pet to join your family….