Umbrella Insurance protects your assets. If you don’t have an umbrella policy, you should. It’s an important part of one’s financial portfolio.
A Personal Liability Umbrella Policy “sits-over” your home and auto liability limits. Coverage limits start at $1,000,000 and provides you protection from lawsuits.
Coverage is relatively inexpensive to purchase. $1,000,000 of coverage sitting over two autos and a home would cost about $180 annually.
Umbrella Policies require underlying motor vehicle liability limits of $250,000 per person/ $500,000 per accident.
In addition to coverage limits, insurance companies provide legal defense.
So, in essence, when you purchase higher limits you are also purchasing improved legal defense.
Please call or click if you would like to discuss Personal Liability Umbrella Coverage.
Johnson & Rohan Insurance: Thank you for insuring with us!
Love it or hate it, the future includes a lot more drones flying through our skies. The FAA projects that this year is the turning point in the commercial adoption of drone technology. Among hobbyists and amateur drone operators, the future is now. Drones can be purchased on eBay or Amazon for under $50. So you or your child may soon be a drone owner.
Drone insurance, for both commercial and consumer enthusiasts is developing rapidly and evolving into a big business. We suggest giving us a call to review your particular coverage before your next drone launch.
Safe Boating Tips
No matter how much experience you have, it’s always a good idea for everyone to review boating safety rules before departures. Below you will find 10 basic boating safety tips to help you stay safe:
Always check local weather conditions before departure; TV and radio forecasts can be a good source of information. If you notice darkening clouds, volatile and rough changing winds or sudden drops in temperature, play it safe by getting off the water.
2. Follow a Pre-Departure Checklist
Proper boating safety includes being prepared for any possibility on the water. Following a pre-departure checklist is the best way to make sure no boating safety rules or precautions have been overlooked or forgotten.
3. Use Common Sense
One of the most important parts of boating safety is to use your common sense. This means operating at a safe speed at all times (especially in crowded areas), staying alert at all times and steering clear of large vessels and watercraft that can be restricted in their ability to stop or turn. Also, be respectful of buoys and other navigational aids, all of which have been placed there to ensure your own safety.
4. Designate an Assistant Skipper
Make sure more than one person on board is familiar with all aspects of your boat’s handling, operations, and general boating safety. If the primary navigator is injured or incapacitated in any way, it’s important to make sure someone else can follow the proper boating safety rules to get everyone else back to shore.
5. Develop a Float Plan
Whether you choose to inform a family member or staff at your local marina, always be sure to let someone else know your float plan. This should include where you’re going and how long you’re going to be gone.
*A float plan can include the following information:
name, address, and phone number of trip leader
name and phone number of all passengers
boat type and registration information
6. Make Proper Use of Lifejackets
Did you know that the majority of drowning victims are the result of boaters not wearing their lifejackets? Make sure that your family and friends aren’t part of this statistic by assigning and fitting each member of your onboard team with a life jacket prior to departure. Wear it!
7. Avoid Alcohol
Practice boating safety at all times by saving the alcohol for later. The probability of being involved in a boating accident doubles when alcohol is involved and studies have shown that the effects of alcohol are exacerbated by sun and wind.
8. Learn to Swim
If you’re going to be in and around the water, proper boating safety includes knowing how to swim. Local organizations, such as the American Red Cross and others, offer training for all ages and abilities. Check to see what classes are offered in your area.
9. Take a Boating Course
Beginning boaters and experienced experts alike need to be familiar with the boating safety rules of operation. Boater education requirements vary by state; however, some require validated completion of at least one boating safety course. Regardless of your individual state’s requirements, it’s always important to be educated and prepared for every circumstance that might arise. You can learn boating safety rules by taking a local community course or online course to help educate yourself.
10. Consider a Free Vessel Safety Check
Take advantage of a free vessel safety check from the US Coast Guard. They offer complimentary boat examinations to verify the presence and condition of certain safety equipment required by state and federal regulations. Free of charge, they’ll provide a specialist to check out your boat and make helpful boating safety tips and recommendations. They also offer virtual online safety checks as well.
Life can be messy. Consider making a call to us to review your insurance part of your spring cleaning ritual.
Some questions to consider asking:
1. Is my home covered if we need to rebuild?
Have us complete an updated Replacement Cost Survey. Upgrades to a kitchen or bathroom, new kitchen appliances, or updates to a basement can all affect the cost to repair or rebuild your home.
2. Do I have enough coverage for my expensive items?
Your homeowner coverage includes “special limits of liability” which, for example, the most the insurance company will pay: $1,000 for loss by theft of jewelry, watches, furs, precious and semiprecious stones; $2,500 for loss by theft of silverware, silver-plated ware, goldware, etc.; $2,000 for loss by theft of firearms. If you have any special items consider scheduling the item by appraisal.
3. Do I still need to carry comprehensive/collision on my car?
Our Agency rule of thumb is, if your vehicle is worth less than $3,000 you might want to consider removing comprehensive and collision coverage on the vehicle. Coverage that pays for the value of the vehicle. Give us a call to help you determine the book value of your car and savings that goes with reducing insurance coverage.
4. Do I have enough liability coverage to protect my assets?
Home and auto policies carry liability limits that help protect you from judgments against you and legal fees, up to policy limits. Do you know your policy limits? In our litigious society, you may want to have us help you review your limits. If you don’t have one already, consider purchasing additional coverage in the form of a personal liability umbrella policy. Umbrella coverage starts at $1M and “sits-over” your auto and home liability limits.
5. Do I qualify for additional discounts?
An annual insurance review is a great time to ensure you’re receiving all applicable discount. For example, have you installed a security system? If so, additional protective device discounts may be available. Are you getting the proper account discounts? What would be the savings/cost if you were to increase/lower your deductible? Give us a call so we can review.
6. Does my newly finished basement affect my coverage?
Finishing your basement increases the cost to rebuild your home, in addition you may want to make sure you’ve added an additional, optional sump pump failure/ water backup endorsement.
7. Does my policy provide enough coverage for landscaping equipment or outdoor appliances?
When you install a new sprinkler system, larger shed, new pool or hot tub, or if you’ve purchased a fancy, backyard grill or riding mower, you might want to upgrade your insurance coverage. Significant investments require a review of your Dwelling and Personal Property Coverage.
Like home maintenance, an annual insurance review is an important part of protecting your biggest investment.
Give us a call, a click or a visit and we will be happy to review your insurance coverage with you.
Adding your teen driver can be expensive. How much? That depends on you and your teen.
Give us a call, click or visit. We’ll find you the best rates and coverage available.
Thank you for insuring with Johnson & Rohan Insurance.
Have you ever thought about getting Massachusetts Vanity License Plates? If so, you are not alone.
According to Mass.gov, the official website of Massachusetts, one of the most requested topics is: ordering vanity license plates.
By using the following Registry of Motor Vehicles search tool, you can check to see if the vanity plate you want is available:
Massachusetts Vanity License Plates may be ordered in person.
In Person: Go to any full service Registry Branch and complete the Application for Vanity Plates Up to three plate requests can be made on one application. Payment must be made at the time of ordering.
Process: Within twelve to fourteen (12-14) weeks after your payment is received, you will receive a letter telling you the plates are ready and instructions on where to pick them up. The plates generally arrive at the branch within one week of the date of this letter.
To pick up your Massachusetts Vanity License Plates at the branch you will be required to:
Vanity plates must be picked up within 90 days.
The dreaded Massachusetts Auto Excise Tax.
I’ve been told “you couldn’t get away with that in Texas.” Here in Massachusetts, however, we suffer our annual auto excise tax.
Excise bills are prepared by the Registry of Motor Vehicles according to information on the registration. They are sent to city/town assessors who commit them to local tax collectors for distribution.
The Massachusetts excise tax rate is $25 per $1,000 of valuation (NADA) subject to the following percentage formula:
If you have turned in your plates on the vehicle you are getting excise taxed on, or if you have transferred plates and got rid of the vehicle, you may be eligible for abatement. Abatement instructions are located on your excise tax bill.
A taxpayer may file an abatement application and receive an abatement for any of the following reasons:
Massachusetts Motor Vehicle Excise Abatement Application
Getting a Massachusetts driver’s license is an exciting, and sometimes scary, event for the new driver and the new driver’s family. In order to preserve your license and keep auto insurance rates somewhat reasonable, make sure your know the rules of the Massachusetts Junior Operator Law!
Operating a motor vehicle is serious business and the Commonwealth of Massachusetts has a strict Junior Operator Law for new drivers. As way of refresher course:
Any motor vehicle operator or motorcyclist between the ages of 16 1/2 and 18 is considered a Junior Operator. The Junior Operator Law has several requirements and restrictions that significantly affect the operation of a motor vehicle by a person who has a Junior Operator’s License (JOL). The basic purpose of the law is to provide new drivers supervised opportunities in which to develop good driving skills, while keeping those drivers free of the possible distractions caused by friends under age 18 who are present while the drivers are behind the wheel.Following, from the MA Registry of Motor Vehicles Driver’s Manual, we offer Massachusetts Junior Operator License Restrictions:
General Rule: The passenger restriction that applies to the Junior Operator (Under age 18) is lifted once the Junior Operator completes the six-month period or you reach age 18, whichever occurs first.The six-month passenger restriction period will stop running, temporarily, during any suspension. When your JOL is reinstated, you will still have to complete the remainder of the six-month restriction period that existed at the beginning of the suspension period, unless you have already turned 18.
In conclusion, follow the rules and drive safe. You’ll keep your license and see your auto insurance rates go down.
As reported on our MassAutoQuote.com site:
On your Massachusetts auto insurance policy, a “bailment” situation occurs when the operator borrows a vehicle temporarily from the owner and is responsible for returning the vehicle in the same condition as when it was borrowed. Otherwise, a claim for damages exists against the operator.
A “valid” bailment situation allows 100% recovery of physical damage payments against the other party’s insurance company in instances where the operator of your vehicle may have been primarily at fault.
If all of these conditions apply, both the owner and the operator of the vehicle will need to complete a “Bailment Affidavit” which we will send to you. This signed document will be presented as evidence that a valid bailment exists and full recovery of all physical damage claim payments is warranted.