FAQ About Your Insurance Policies
Ever wonder about coverage limits, why insurance companies make the decisions they do, and just what is Comprehensive auto coverage anyway? Answers to frequently asked insurance questions (send yours in and we will answer you and post it here):
Q. If my tree falls and damages my neighbor’s property during a storm does my insurance policy pay for it? A. It depends:
- If the tree is healthy and you had no reason to expect it to fall over, no – you did nothing wrong and the neighbor should go through her own insurance.
- If you knew prior to the storm that the tree was unhealthy and likely to cause damage, yes – you were negligent of your duties to keep a safe environment and your libability section of your policy will cover the loss.
Q. Can you explain the oil heating system law from July 2010?
A. Yes, see our summary attached: Oil heat law July 2010
Q. Does my homeowner insurance policy cover flooding?
A. No, it does not: http://www.iii.org/articles/does-my-homeowners-insurance-cover-flooding.html
Q. Why do property insurance companies not allow some dog breeds?
A. Statistically, some dogs cause more harm than others, and it costs the companies money in claim payouts: http://www.usatoday.com/money/perfi/insurance/story/2012-05-21/dog-bite-liability/55120450/1
Q. Do any of your companies offer Accident Forgiveness?
A. Yes, Arbella, Mapfre/Commerce and Norfolk & Dedham Insurance all do. Contact us to find out more.
Q. I’m getting married and want to be sure I’m covered if anything goes wrong. Do you offer Wedding Insurance?
A. Yes we do. Travelers Insurance offers coverage for local and destination weddings. Contact us to find out what can be covered and to discuss your options.
Q. What is Comprehensive coverage for an Automobile policy?
A. Comprehensive coverage is also known as “other than collision coverage”, covering damage by fire, windstorm, vandalism, flooding, or falling objects. Also damage to a vehicle by theft or hitting an animal. This is also where you get your glass coverage with no deductible.
Q. What is Collision coverage?
A. This is the part of the coverage that pays for damage when a covered vehicle collides with another vehicle or object.
Q. What is an excluded driver?
A. Massachusetts requires an insured to report all licensed drivers who live in your household. An excluded driver is not allowed to operate a vehicle listed on the policy. You can exclude certain drivers from certain vehicles to lower your premium.
Q. How often do you renew your registration?
A. Most passenger vehicles renew every two years. Most commercial vehicles renew every year at the end of December. A good way to check is to look at your vehicle’s registration, the sticker on your back license plate or give us a call and we can look it up for you.