Inadequate liability limits and low home valuations Low deductibles on homes & autos, adversely affecting premiums and claims frequency Multiple agents in various states/insurance program not coordinated, causing coverage gaps, duplications and lack of proper updates Exposures not listed on personal excess liability policies Trusts, LLC’s, and FLP’s not listed as a named insured on policy when the asset is…
Most Americans have risks associated with their wealth and need the right insurance to manage that risk When we think of high net worth people, most of us tend to think of CEO’s, athletes, or celebrities. However, what we fail to realize, is that you do not have to be a CEO to have personal risks. In 2017, over 3…
One of the best ways to offer protection to your loved ones in the event of your untimely death is life insurance. Life insurance is designed to give them the financial security they need to cover expenses and living costs in the years to come. Having a loss of income can devastate those who aren’t protected by a quality life insurance…
Umbrella insurance is an important way to protect yourself and your assets from liability and other types of claims. But with that in mind, it’s also necessary to make sure that the policy is the right one. If it isn’t, you may not get the coverage you need. If you don’t know that until you make a claim, it could…
We know winter can be harsh in New England, which is why we’re offering our guide to get your home ready before the snow and ice set in. Clean out gutters. Of all fall chores, cleaning out gutters is one of the most important. Clear your gutters of fallen leaves and any other debris to ensure that your gutters direct water…
Like food, housing, and medical care, car insurance is a necessity of life in the 21st Century. At a bare minimum, nearly every state in the U.S. has enacted mandatory liability car insurance laws for all drivers. A new car is a significant investment that most owners want to protect with comprehensive and collision coverage. Unfortunately, many people today are…
Most people don’t want to think about their homeowners’ insurance until they need it. Homeowners policies are lengthy, complicated, and written in legalese. Nevertheless, it could pay off to thoroughly understand your homeowners’ policy and know how it works. Our agents at Phoenix Insurance LLC are happy to assist you with not only finding the right homeowners policy but also…