Determine what deductible best meets your needs. When you buy insurance, your policy may include a deductible. This is the amount that you agree to pay on a bill before the insurer pays the benefits. In the event of a claim, this is an immediate out-of-pocket expense. Health, dental, home and auto insurances all have […]
Determine the right time to update your business plan. Creating your first business plan may have been a chore, but updating a plan is easier and more fun for business owners. During your start-up, you likely had little direct experience and no track record or historical information, so many of the marketing and operational forecasts […]
CAV Insurance Agency, Inc. would like to extend a warm welcome to our new website and blog! Through our newly revamped website and blog, our team will update you on the latest news within the insurance industry while also offering regular lifestyle tips. Our blog will be your first stop for not only the latest […]
The Division of Insurance applauded the study reminding us that rates in Massachusetts have decreased more than 19.7 percent since 2007. A new study from the Oregon Department of Consumer and Business finds that Massachusetts employers pay some of the lowest workers’ compensation rates in the nation. In light of the Division of Insurance’s recent […]
Renters Insurance Checklist Can Help You Choose the Right Coverage and Protect Yourself Financially Renting, Rather Than Buying, a House or Apartment Is Becoming More Common October 3, 2011 NEW YORK, October 3, 2011 — An increasing number of Americans view renting a home as a better “investment†than buying one, yet less than half […]
 The U.S. workers’ compensation insurance segment continued to face competitive pricing, further rate decreases, weak macroeconomic factors, growing medical costs and an uptick in claim frequency during 2010. As a result, premium volume declined and underwriting results deteriorated yet again, reported A.M. Best. While the line is still dealing with the same issues in […]