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Do I Need to Buy Rental Car Insurance?

Do I Need to Buy Rental Car Insurance

By Richard A. McGrath, CIC, LIA A common question asked by drivers who are traveling on vacation is whether they need to purchase any additional insurance for their rental car. Before you finalize your rental plans, do a little research on your options to avoid wasting money on coverage you may already have through your […]

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Is Your Home Ready for Peak Hurricane Season?

Is Your Home Ready for Peak Hurricane Season

By Richard A. McGrath, CIC, LIA Peak hurricane season is right around the corner, starting in mid-August and lasting through late October. Are you confident that your homeowner’s insurance policy will provide enough protection to cover the cost of potential damage? The New England region is no stranger to the devastation caused by hurricanes. In […]

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Protect Your Family In Case of a Disability

Protect Your Family In Case of a Disability

By Richard A. McGrath, CIC, LIA The likelihood that you will suffer a disabling injury or illness is high and the resulting financial hardship can be devastating. In celebration of May being Disability Insurance Awareness Month (DIAM), we’re shining some light on the issue. Consider the odds: More than one in four people who are […]

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Why Do I Need Earthquake Insurance in New England?

Why Do I Need Earthquake Insurance in New England

By Richard A. McGrath, CIC, LIA Earthquakes can happen in all 50 states and can cause severe damage that isn’t covered under your homeowners, renters, or condominium insurance policy. Yet, many people in New England neglect to purchase earthquake coverage for their homes because they think they are safe. At a recent Seismological Society of […]

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Get the Auto Coverage You Want with Endorsements

By Richard A. McGrath, CIC, LIA Imagine having auto insurance coverage where your premiums don’t increase when you have an accident; having veterinary bills paid for if your pet is injured during an auto accident, or having coverage to pay for a new cellphone or laptop computer if they are damaged in an accident. Increasingly, […]

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Preparing for This Winter’s Ice Dams

By Richard A. McGrath, CIC, LIA After last year’s winter, homeowners learned the importance of being prepared for the worst. Insured damages caused by last year’s weather, which brought a record 110.6 inches of snow to Boston, added up to about $2.3 billion nationally, and a majority of claims were related to ice dams and […]

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6.6 Million Choose Paying Penalties over Healthcare Coverage

By Richard A. McGrath, CIC, LIA For the first time this year, the Affordable Care Act (ACA), commonly known as Obamacare, imposed a penalty on American taxpayers for not having health insurance. The Obama administration estimated that 6 million people would pay the penalty. Instead, 6.6 million people paid the penalty, which is 10 percent […]

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