Tag Archives: Independent Agent

Insurance Is Not a Commodity

By Richard A. McGrath, CIC, LIA The Internet is a great place to buy books, clothing, tools, sporting goods and other commodities. However, it may not be the best place to buy your insurance coverage because insurance is not a commodity. A commodity is a standardized product, such as grain, oil or gold.  When you buy a commodity, you […]

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Update Your Home Insurance When Renovating

Update Your Home Insurance When Renovating

The moment you’ve been waiting for is finally here! Construction on that updated kitchen, finished basement, enclosed patio or home addition has begun, and in the midst of a huge renovation project, the last thing you want to worry about is whether or not your home insurance provides adequate protection. “When renovating and remodeling, you […]

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Vacant Homes Increase your Risk of Exposure

Vacant Homes Increase your Risk of Exposure

Interested in a key piece of advice when dealing with insurance? Always notify your independent agent of any major changes in your life that could possibly affect your current policies. Failure to communicate these changes with your agent could leave you exposed to new risks and a financial headache. Vacant vs. Unoccupied In property insurance, the term […]

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Tornadoes Showed Benefits of Having An Independent Agent

By Richard A. McGrath, CIC, LIA The tornadoes that ripped through southern Worcester County recently created massive destruction and left many people without food, clothing or shelter.  But for many victims, it could have been worse – they could have been insured by the wrong company. Many people who were victims of the tornado have […]

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When the Other Driver In An Accident Is Not Properly Insured

By Richard A. McGrath, CIC, LIA It’s not enough to insure yourself.  You also have to protect yourself from those who aren’t insured or are underinsured. Since auto insurance is required by law in Massachusetts, anyone driving should have insurance, not only to protect themselves, but to cover costs related to an accident in case […]

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How Much Life Insurance Do You Need?

By Richard A. McGrath, CIC, LIA Most people recognize the need for life insurance, but they typically don’t know how much or what kind of life insurance to buy. So how much do you need?  It depends on your financial goals, your lifestyle and other factors.  Life insurance serves many uses, but its most important […]

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Who Needs An Insurance Agent?

By Richard A. McGrath, CIC, LIA We live in a do-it-yourself world, thanks to the Internet.  Consumers are buying and selling just about everything online, ranging from the simplest items to cars and even homes. But what about purchasing insurance online?  Is it a good idea to buy insurance without professional help? It would be […]

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