Why is my home insured for more than its market value?
Why is my home insured for more than its market value? This is the million-dollar question. One of the most difficult questions for an agent to answer and for a client to accept. There is an old saying location, location, location. We hope that this article will help with [...]
Workers Compensation Insurance in Connecticut and New York
A Guide to Workers Comp Cost by Daigle & Travers, Darien, Connecticut (203) 655-6974 All businesses in Connecticut and New York that have employees are required to carry workers compensation insurance. Depending on your industry, workers compensation may be your highest expense after payroll. *Note that in New York, [...]
Buying Waterfront Property in Connecticut and New York
When home buyers are considering the purchase of waterfront or coastal property in Fairfield or Westchester County, there are several insurance factors they need to understand. We always recommend consulting an insurance professional prior to making an offer on your new home so that you understand the insurance ramifications prior [...]
Naming Your Life Insurance Beneficiary
By Ann S. Binzer Purchasing a life insurance policy is an important piece of financial planning. Naming a beneficiary, and changing that beneficiary when necessary, is also a key component of insurance planning. Keep these tips in mind when naming a life insurance beneficiary: Spouse's Name When listing a spouse [...]
Directors & Officers Insurance (D&O)
Directors & Officers Insurance for High Net Worth individuals. Do you like to give back to your community? One way many of our clients do this is by volunteering to sit on different boards of directors. Most non-profits will carry Directors & Officers coverage, but the limits provided [...]
Personal Umbrella Insurance Coverage or Excess Liability Coverage
What is Personal Umbrella Insurance Coverage and Why Should Everyone Have It? What if: You are in a car accident and injure or kill another party Skiing in Vermont, you collide with another party and injure them You are in an altercation with another person and they are injured You [...]
2019 Spring Home Buying Market: Insurance Tips Before You Buy
Each spring in Fairfield and Westchester Counties, the spring home buying market begins. This is a busy time of year for local realtors, lawyers, mortgage brokers and insurance agents. Clients are moving to the area for the first time, up/downsizing their homes or buying their first home after having rented. [...]
Term vs. Permanent Life Insurance: Which is right for you?
By Nathan Otto The biggest question to answer when purchasing life insurance is whether you need a term or permanent policy. Each type has advantages and limitations. To make the right decision, you should know and understand your options. Here are a few questions to consider: How will the money [...]
How Do I Best Insure My Tesla?
How do I best insure my Tesla? In past few years, Tesla has expanded the models they offer, Model X, Model S and most recently the Tesla Model 3. Insurance premiums for Tesla owners could potentially go up 30 percent with standard insurance carriers. One of the reasons for this [...]
Liquor Liability Insurance
What Is Liquor Liability Insurance? Liquor Liability or “Dramshop” Insurance protects a company that sells, serves, or manufactures alcohol products, against claims that occur when a patron drinks too much and injures himself or someone else. This includes after they have left your establishment. The technical definition: Coverage for bodily [...]
Jewelers Block Insurance
If you are in the business of selling, manufacturing and distributing high-value metals and gems, then one single loss can have a devastating impact on your business. If you incur a loss that sets you back tens to hundreds of thousands of dollars, are you able to come back from [...]
When Trees Fall
If a tree falls, who’s responsible? By Marty Skidmore Storms are just one cause of downed trees that damage property. Living in Fairfield or Westchester County we have the coastal exposure as well as heavily wooded regions within a few 1000 feet of the water. This combination creates perfect conditions [...]