Posts from December 2015

Hoverboards & Insurance fun!

I know hoverboards and insurance fun don’t go together (ok, insurance and fun probably don’t go together either), but hoverboards, fire and broken bones do. I don’t want to get too in-depth with this conversation, but have you ever wondered if hoverboards are covered by insurance?

There are several different versions of homeowner’s insurance policies and insurance companies will add endorsements and exclusions to those different versions so please understand this is broad and simplified discussion. Always consult your insurance policy for actual coverage and exclusions.

Here are some scenarios to think about…

  • Your hoverboard spontaneously caught fire and burned down your house. Will your homeowner’s insurance policy pay to rebuild your home???? The good news is yes. Your insurance company will then subrogate against the manufacturer to recover it’s damages.
  • The hoverboard itself will more than likely not be covered as personal property because it could be considered a “motor vehicle”, which is excluded on your homeowner’s insurance policy.
  • Your son crashes into an elderly woman at the mall with his hoverboard and she suffers numerous injuries. NO COVERAGE. This is a scary one because not only will the woman’s medical bills not be covered, but neither will you as the homeowner have any defense coverage when you are sued.   There is a potential to have this covered if the injury occurred at an “insured premises” (so basically at your home).

Just some food for thought as you enjoy the compilation video above of people taking spills on hoverboards.

Stay safe and have a Happy New Year. BTW we are closing at 3pm on New Year’s Eve.

Thanks,
Steve

Holiday Hours

Merry Christmas Yes I am still shopping, plenty of time left. Right? There is still more time isn’t there?

With that we will be closing early on Christmas Eve so I can finish my shopping (and to give our employees a chance to spend more time with heir families;) ).

Dec 24th 9am-12pm
Dec 25th closed
Dec 26th closed

Dec 31st 9am-3pm
Jan 1 closed

Have a safe and Merry Christmas!

And should you be so unfortunate to have a claim during the holiday while we are closed feel free to check out our company direct claim numbers.

Thanks,

Steve

IF we get winter…

Challenge AcceptedIf and when (come on, you know it’s coming!) winter does finally arrive here in New England I thought I would share some tips provided by Mapfre Insurance. In case you haven’t noticed the change, Mapfre Insurance is the former Commerce Insurance.

The website has some good information on ice dams, frozen pipes & driving tips. Although the driving tips are common sense its still good to give it some consideration. Ice dams were brutal last year and deserve all the media attention they have received.

Follow the link here to the Mapfre microsite.

Enjoy the warm weather today and stop procrastinating on your X-Mas list, you’re running out of time!

 

Thanks,
Steve

Oh it’s deer season…

While driving on Route 3A about 7am last Saturday a deer jumped out of the woods directly in front of me. Fortunately for both of us I only managed to hit his backside and hooves. He never skipped a beat and ran off into the woods.

I’m not a hunter, but for the estimated 85,000-95,000 deer in the state, watch out! They seem to be most active around dusk and dawn so please be careful driving. I barely hit the deer and the estimated cost to repair my front-end was $3,000.

Did you know striking an animal falls under the comprehensive part of your auto insurance policy and not collision? Also it won’t affect your safe driver rating points.

Comprehensive coverage tends to be much less expensive than collision coverage. We usually recommend comprehensive coverage even for an older car because it will pay for a new windshield with no deductible, cover you for theft, flood and yes, even….hitting a deer!

The moral of the story? Buy comprehensive coverage for your car, drive carefully and lookout for deer. Thank goodness it wasn’t a reindeer. My kids would never have let me live that one down.

Thanks,

Steve

The above is meant as general information and as general policy descriptions to help you understand the different types of coverages available to you. Always consult your policy for actual coverages and exclusions.