Category: Archives

29 Nov 2018
3 Questions to Ask About Life Insurance Coverage

3 Questions to Ask About Life Insurance Coverage

What You Should Know About Life Insurance

You work tirelessly to provide for your family. From washing the dishes to providing family holidays to working towards life goals, you are there for it all. When you’re thinking about your family’s future, however, you should consider life insurance in Wellesley, MA. If you’re in the market for life insurance, here’s what you should know about life insurance.

How does it work?

Life insurance is designed to support your family and loved ones when you are no longer around to do so. It provides a payment in the event of your death that helps to protect your family’s finances and lifestyle. From everyday expenses such as a mortgage and car payments to long-term goals like funding your child’s college education and allowing your spouse to retire on time, life insurance can help support your family’s finances.

What types of life insurance coverage are available?

Typically, life insurance policies fall into two categories: term and permanent. Term life insurance is set for a specific period of time, such as 5, 10, 30 years. If you were to die within this term, the policy would pay out. If you survive the term, you would have to renew it for coverage. This is ideal for families that want to help with specific expenses, such as a 30-year mortgage. Permanent insurance, however, covers you for your entire life (as long as premiums are paid). Permanent coverage also includes an investment component, meaning you can borrow against your policy when finances are needed.

When should I get life insurance?

The right time to buy life insurance is the time at which it would benefit you! Most people take out life insurance when a major event happens, such as they get married, buy a home, have a baby, or take on a new job with a higher income. However, even if you have no dependents, you can still take out life insurance. Coverage can help to pay for remaining debt and funeral costs when you die, meaning that you don’t leave loved ones in the lurch. Talk to your insurer to determine if a life insurance could help your future finances and family.

Not sure how to get started? Talk to the Massachusetts life insurance experts at CAV Insurance Agency are well-versed in suiting the right policies to each individual. Give us a call today on 781-237-4107 to learn how life insurance can help you.

15 Nov 2018
Winter Maintenance Tips for Landlords in MA

Winter Maintenance Tips for Landlords in MA

MA Landlords, Get Your Rental Properties Ready for Winter 

Massachusetts winters are never quite complete without cold, harsh weather and snow. Since winter is right around the corner, it’s wise for property owners to get their buildings up to scratch. Just as we pull on heavy sweaters and gloves, properties need a bit of TLC to weather the winter ahead, too. As a landlord in the Boston are here are some essential maintenance tasks.

  • Seal up gaps in windows and doors

Walk around the property and see if you can feel any cool air being let in through gaps in the windows and doors. If you visit the property on a windy day, it may make it easier to detect any air leaks. These gaps can increase heating bills, which is not ideal for any tenant. Fill in gaps with weather-stripping and caulking to prevent cold air leaking into the property. If the caulking is dry and cracking, peel it off and replace it.

  • Service boilers/furnaces

Call out a professional to make sure that the heating system is in good condition for the cold winter ahead. Having access to heat is a basic right of all tenants under landlord-tenant law, so avoid fines by completing the necessary checks and servicing it before the winter temperatures arrive.

  • Check the insulation

Insulation helps to keep a property’s heat inside as well as lowering the utility bills for the tenant. You can have insulation installed in the attics and crawlspaces to help with heat retention. If there are any exposed pipes, wrap insulation around them to prevent them from freezing.

  • Clear out the gutters

Fall may have clogged the gutters with leaves, twigs, dirt, and other debris. Make sure to clean out the property’s gutters so that blockages do not occur. If gutters are clogged, it could prevent melting snow from being able to drain properly. In turn, this can cause roof leaks as the water will seep inside.

  • Inspect trees on the property

Snow, ice, and high winds have the potential to snap off tree branches or cause entire trees to fall. To keep your property – and tenant – safe, it’s a good idea to prune back any trees on the property. Pay attention to the trees that look weak and rotted.

  • “Add something on making sure you snow removal services are in place.”

Landlords, another great way to protect your property is to secure reliable insurance. At CAV Insurance Agency in Wellesley are ready to find the right coverage to suit your needs, property, and budget. We serve landlords in Boston, Brookline, Newton and surrounding cities in Massachusetts. Contact us to get started!

 

08 Nov 2018
Do I Need Classic Car Insurance When It’s Tucked Away for Winter?

Do I Need Classic Car Insurance When It’s Tucked Away for Winter?

Keeping Your Classic Car Covered Over Winter

Your classic car is already prepped and safely in storage. You’ve completed the essential checks and you’ve tucked it away for the winter. After all, the harsh winter conditions, road salt, snow, and ice are not ideal if you want to keep your classic car in pristine condition. You may be thinking that now it’s away for a couple of months, do you need to keep your collector car insurance active? Here’s what you should know.

You may not drive your classic car until spring rolls around, but the reality is that it’s a good idea to keep vehicles insured regardless of whether they’re currently being driven. It’s tempting to cancel your classic car insurance policy if your vehicle isn’t in use during the winter, but remember that it is still at risk of damage tucked away in the garage.

To save on premiums until you are driving the vehicle, you can consider lowering or temporarily dropping the liability coverage in your policy. However, if you plan on taking your vehicle out for a spin when the road conditions are dry, you will need to keep liability coverage in place. Driving your car now and again can help to avoid brake and clutch seizures, keep the mechanics lubricated, and avoid tire flat-spots. Only idling the car without driving it may actually present corrosion issues as the engine will not reach full operating temperature.

However, you should keep comprehensive coverage in place. In our area the most common comprehensive claim we see in the winter is a tree falling on the car or rodent damage to the car.

It’s always better to be safe than sorry. In New England we all know that the weather is unpredictable, and we can get those 60 degree days in Febuary. If there’s any chance you’ll pull your vehicle out of storage for a quick drive through Dover on days like these, then leave coverage as is.

Avid classic car fans don’t have to pause their hobby throughout the winter. Visit the home to America’s oldest car collection! The Larz Anderson Auto Museum features old and collectible cars that span the centuries. The museum also offers enjoyable and informative tours, with varied and detailed discussions on the automobile and its impact on today’s society. Check more information here!

At CAV Insurance Agency, protecting your classic car comes naturally. We have access to specialty companies such as Hagerty, Grundy, and AIG, these carriers these carriers offer policies designed specifically for your collector car they take into consideration the limited seasons we have up here to drive these cars. At CAV Insurance we serve motorists from Dover & Sherborn to Wellesley, Needham and Weston and neighboring towns. Contact us today and let us put our decades of collector car insurance expertise to work for you!

 

25 Oct 2018
The Top Cars of Pebble Beach Weekend

The Top Cars of Pebble Beach Weekend

Celebrating the Oddball and Truly Awful Vehicles at Concours d’Lemons

When it comes to Concours d’Lemons, automotive creativity has no limits. It’s this spirit of a disregard for practicality and aesthetics that makes such a delightful Pebble Beach Car week event. This year’s event has no stuffiness and no stunning prize-winners. Although there were a few entries that seemed far too put together to be displayed at Lemons, the show remained a breath of fresh air for many fancy car shows also happening.

Keep in mind that Lemons is not just an ugly car show. There are vehicles that many people have never seen before – and some that cannot be unseen! Here are just a few of our favorites from this year’s show.

This car was coined the ‘Mad Max: The College Years’ and we can see why. It’s a creation of chain link over the hood, animal skulls in awkward crevasses, and faux bazookas. It’s one of those cars that the longer you look at it, the more unusual accessories you find!

This vehicle was originally used from 1967 to 1975 by a German hospital. A car fanatic hauled it over to San Diego after it had been sitting in a warehouse for 25 years. Created from a bare Mercedes chassis by the coachbuilders at Miesen, it is quite the head-turner. The owner has fitted it with period-correct bandage boxes and original linoleum flooring (ideal for mopping up blood from accident victims).

Although it was surprisingly left out of the awards, this paean to the BMW Art Cars of yore was developed by a San Francisco sculptor and blacksmith. The throwback to the brick-era Volvo wagons was created using self-adhesive vinyl and reflective black tape.

Safeguarding your classic car comes naturally to the experts at CAV Insurance Agency. We serve motorists from Arlington to Natick, Concord to Cambridge, and neighboring towns. Contact us today and let us put our decades of classic car insurance expertise to work for you!

18 Oct 2018
How Should I Get My Classic Car Ready for Winter?

How Should I Get My Classic Car Ready for Winter?

Steps for Getting Your Classic Car Winter-Ready

People say the change of seasons is one of the many reasons they love living in Massachusetts. Along with the pleasure of the falling leaves and orange landscapes of autumn comes the pain of shoveling snow and dealing with storms in winter. Fall is the time of year when you should start to think about getting your summer vehicles ready for their winter hibernation. After all, can you justify taking your 1953 Chevrolet Corvette out on roads slick with ice and snow? We think not. To help get your vehicle ready for winter, check out these maintenance tips and spare some time to review your auto insurance in Wellesley, MA.

Storage

Ideally, you’ll want to store your classic car in a secure garage. This space should have plenty of room for your vehicle and be securely locked at all times. If you don’t have garage space available, consider renting out a room at a storage facility. Your vehicle will be much better protected from the elements under a garage roof than under a standard material cover.

Clean

You’ll want to ensure your beloved vehicle is sparkling before tucking her away for the winter. Clean the exterior, paying special attention to remove any bird droppings and tree sap that could eat away at the car’s paint. Wipe down and vacuum the interior, too.

Fuel

Fuel breaks down over time and can cause damage to your carburetor or fuel injector components. Be sure to add a fuel stabilizer to prevent a breakdown. This can keep your gas fresh up to a year. Once you’ve added the stabilizer, take the car on a quick drive around the block to ensure that the product and the fuel have mixed together successfully.

 Tires

Be sure the tires are at the proper pressure before storing the vehicle away. To avoid flat spots and increase tire longevity, prop your vehicle on the jack stands and cover the sidewalls, front, and back with a light coat of lubricant. This helps to keep the sidewalls from drying out and cracking.

Battery

Good batteries, especially for classic car models, are expensive these days. Leave a battery tender or smart charger hooked up all winter to keep your vehicle’s battery in tip-top condition. If you’ve got several classic cars you’re storing away, replacing batteries can be an avoidable expense.

Insurance

Sure, you may not be driving the beauty on the I-95 for a while, but that doesn’t mean you can skip insurance coverage. Talk to your insurer about the coverage you need to keep your classic vehicle protected over the winter months. Not convinced you need coverage? Find out how insurance can help maintain your classic car.

Safeguarding your classic car comes naturally to the experts at CAV Insurance Agency, and with access to specialty companies such as Hagerty, Grundy, and AIG, we will be able to provide you and your collector car the policy it needs. We serve motorists from Arlington to Natick, Concord to Cambridge, and neighboring towns. Contact us today and let us put our decades of classic car insurance expertise to work for you!

11 Oct 2018
Great Ways to Prevent Your Pipes From Freezing

Great Ways to Prevent Your Pipes From Freezing

Tips to Prevent Frozen Pipes This Winter

The days are beginning to cool down in Boston now that fall has arrived. When the cooler temperatures arrive, unfortunately, so do frozen pipes. When the frozen water in the pipe expands, it can tear the pipe, leading to floods and water damage when ice melts. We all know how the temperatures can plummet quickly in Wellesley, so be sure to act now. Sparing a few minutes to protect your pipes from freezing can help to reduce the likelihood of them freezing and ward off water damage. Along with these frozen pipe prevention tips and quality homeowners insurance in Wellesley, MA, you can feel rest assured your home can remain safe throughout the fall and winter.

Let a Faucet Drip

Turn on a couple of faucets just enough so that they drip. Ideally, choose a faucet that has a pipe running along an outside wall and a faucet that is far away from your main water valve. This helps to alleviate pressure and keeps the pipes working, preventing the water from freezing.

Leave Cupboard Doors Open

If you have faucets with pipes running through cupboards and cabinets (think of the kitchen sink), leave the doors open so that the warm air can circulate around the pipes. The doors to the rooms should, ideally, stay open too so that the heat can flow through the house and prevent pipes from getting too cold.

Seal Up Cracks and Gaps

Examine your windows and doors. Are there any cracks around the seals? Can you feel any drafts even they are closed? Seal up cracks with caulk and weather-proofing, taking extra care to do this to gaps near exposed pipes. Not only does this help to keep pipes warm, but it can save money on your heating bill!

Insulate Exterior Pipes

For pipes outside or in exposed places such as attics and basements, consider insulating them. Insulation can be wrapped around the pipe, protecting them from the dropping temperatures. When the weather gets very cold, it is wise to apply heating tape to these pipes to keep them warm.

Leave Your Thermostat On

You may be tempted to turn down your thermostat overnight or when you head out of town for the weekend. However, doing so can mean your pipes are more susceptible to freezing. Keep your thermostat on low, even when you aren’t in the house to avoid pipes freezing and bursting. There is one caveat to this – if you’re going away for a significant period of time, it is wise to shut off the water supply, particularly when cold weather is coming.

If the worst does happen, and despite your best efforts, a pipe freezes and then bursts, be sure that you can fall back on reliable homeowners insurance. Your local agents in Wellesley are ready to find the right coverage to suit your needs, home, and budget. We serve homeowners in Dover, Needham, Brookline and surrounding cities in Massachusetts. Contact us to get started!

20 Sep 2018
How Insurance Can Help Maintain Your Classic Car

How Insurance Can Help Maintain Your Classic Car

Tailor Classic Car Insurance Coverage to Your Maintenance Needs

 

Running a classic car can be a rollercoaster of emotions. On the one hand, you can take a trip down memory lane and experience the golden age of motoring. On the other, you may find your classic car to become a labor of love – or at worst, a financial nightmare. When your classic vehicle needs repairs and maintenance, you may find that even if the price of the vehicle hasn’t gone up, the cost of repair has gone through the roof. There’s no doubt that classic cars are high maintenance, but how can your classic car insurance in Wellesley, MA help?

 

Classic car repair costs are on the rise. In addition to a higher standard of care, the number of specialist mechanics is dwindling. There are fewer people with the skills to actually repair these unique cars, and not just replace parts. Those people are hard to find, and may charge accordingly for their specialized services. The good news is that your classic car insurance coverage can help. Your policy should contain wording that would allow for specialized parts to be ordered or a specialized mechanic to be used if it is involved in a collision and is damaged. This is because the labor rate to repair a collector car is substantially higher than it would be for an everyday mass-market car.

 

Typically, a good classic car policy will also allow the collector to repair the vehicle whenever they want. Whether the car owner wants to take his/her vehicle to the most qualified shop in the country or a shop that specializes in that type of vehicle, the policy should be able to agree to the owner’s preference. More often than not, a client will want to take it back to the person who did the work originally, but if they don’t know, the insurer will be able to advise on recommended repair shops.

 

Are you an avid classic car fan? Then visit the home to America’s oldest car collection? The Larz Anderson Auto Museum features old and collectible cars that span the centuries. The museum also offers enjoyable and informative tours, with varied and detailed discussions on the automobile and its impact on today’s society. Here, you’ll be able to learn about vehicles, see them in the flesh, and get to know other collector car fans. Check out upcoming events here!

 

Safeguarding your classic car comes naturally to the experts at CAV Insurance Agency, and with access to specialty companies such as Hagerty, Grundy and AIG, we will be able to provide you and your collector car the policy it needs. We serve motorists from Arlington to Natick, Concord to Cambridge, and neighboring towns. Contact us today and let us put our decades of classic car insurance expertise to work for you!

13 Sep 2018
Is Your House Located in a Flood Plain?

Is Your House Located in a Flood Plain?

Insurance Coverage for Floods

 

It’s not always obvious that a house in a flood plain. In fact, if your property is located further inland in Massachusetts, you may think that you’re safe from flooding altogether. Even if you live near a river, you may think you’re safe based on how many hills and buildings there are between you and the water. The reality is that no property is immune to flood risks. The team at CAV Insurance Agency can help you determine if your home is a risk of flooding and if flood insurance could benefit you.

 

Many homeowners are under the belief that flood coverage is included under their home insurance policy. Unfortunately, this is not often the case, and homeowners find out when it is too late. Since flood protection is excluded from most standard home insurance policies, ensure that you properly assess whether or not your building needs coverage.

 

If your home is located in a high flood risk area, you should consider flood insurance. Even if your property is not located in such an area, home that are further away from the water source may still need flood coverage. Your mortgage lender may require that you purchase flood insurance, depending on the location of the house.

 

Flooding can happen at any time, and water damage can be devastating. Just last year there was significant flooding on Route 9 in Wellesley. Property owners in areas like Wellesley, Westwood and the Cape should consider flood insurance due to being near water sources. If you’re near a water source, there is a possibility of floods. Get to know your local area by visiting the Federal Emergency Management Agency (FEMA) flood map that outlines potential risk areas. You can also visit the National Centers for Environmental Information (NCEI) to research past flooding events in your area.

 

Ultimately, even if your house isn’t in a flood plain and flood insurance is not mandated on your home, the decision about purchasing a policy is up to you. The CAV Insurance Agency team stay up to date with the latest maps and will help you understand your flood safety risks as well as offer you reliable coverage choices for your needs.

 

Our team proudly serves the insurance needs of individuals, families, and businesses in Wellesley, Dover, Needham, Brookline and surrounding cities in Massachusetts. Talk to us today to find out how we can help you protect your property with flood insurance coverage.

06 Sep 2018
How to Prepare Your Business for Winter Storms

How to Prepare Your Business for Winter Storms

Prepare Your Workplace for Winter Weather

 

The approach of winter means different things to different people. You might be eager for holiday events and snowy days, but if you’re a business owner in the northeast, it’s important to prepare your business for the inevitable wintry weather. In the fall and winter, Massachusetts can get hit with some nasty hurricanes and blizzards. We can’t forget that only last year, the northeast got hammered by winter storms, including Storm Niko, and faced serious snow and flooding. If you’re familiar with storms in the northeast, you’ll know that winters can range from freezing rain and ice to a moderate snowfall over a few hours to blizzard conditions with blinding snow that lasts weeks.

 

Whether your business’s location is in Needham, Natick, or surrounding towns, you should adequately prepare it for the season ahead.

 

  • Prepare your office building

Extreme winter storms can cause expensive structural damage to your building. The most common culprits are frozen pipes that burst, meaning that melting water seeps indoors. Be sure to check your building carefully for drafts, leaks, and cracks. Replace old weather stripping at the bottom of doors to hold off melting snow that piles up outside. Maintain a supply of floor mats to keep by the door, and encourage employees and customers to wipe their feet before entering the building.

 

  • Make a plan for snow and ice removal

Whether it’s a removal service or close friends on speed dial, have a plan in place to get rid of the snow and ice that has built up on your building and surrounding property. Snow and ice can cause structural damage and limit customers’ access to your business if you’re able to stay open. The latter is a potential safety hazard that could result in expensive liability claims, so be sure that pathways leading to and from the building are clear and safe.

 

  • Keep employees in the know

Communicate an emergency plan to employees before an emergency hits. Pay attention to warnings and alerts, and let your employees leave when they can still get home if it is feasible to do so. If there is a chance the business could close in the event of a storm, let employees know ahead of time how they will be notified (text, email, etc.).

 

  • Keep a detailed inventory

While it’s a good idea to maintain your inventory list year-round, it becomes especially important before winter storms. Take photos of your building and all of its contents. Store these pictures in a safe place, and keep detailed records of all equipment and assets. If anything is damaged or destroyed in a storm, the inventory list will make replacements easier.

 

  • Gather digital items

There are certain phone numbers you should have stored in your cell phone. These include your local fire and police lines, the power company, the nearest hospital, and your insurance providers.

 

A small investment in winter storm preparation for your business can pay huge dividends when a blizzard hits. These tips will help your business weather north-eastern storms. To find out if your business insurance is ready for a fall or winter storm, call CAV Insurance Agency on 781-237-4107. We serve business owners in the Metro West areas such as Natick, Wellesley, Dover, Sherborn, and Weston.

30 Aug 2018
5 Ways to Identify a Collector Car in an Expanding Market

How Ways to Identify a Collector Car in an Expanding Market

Tips to Spot a True Collector Vehicle and Insure It 

With the value of classic cars continually rising, it has become very popular for people to appreciate the beauty of them. For some, the ability to identify a classic car is instant and natural. For others, a few handy tips help. With an influx of younger buyers like millennials entering the collector car market, the vehicles that were once teenage dream vehicles are becoming collector cars. If you would like to know more about how to identify a collector car, read on.

  • Do Your Research

One of the best ways to brush up on your knowledge of some of the older vehicles is to attend local car shows. These take place for fellow enthusiasts to get together and drool over each other’s pride and joy. A bit of time on the Internet can tell you a lot about collector car makes, models, and more. A little bit of research will help you to spot a true collector car.

  • Talk to the Classic Car Owner

A great way to get the download on a particular make and model is to find the owner. Most classic car owners will be more than happy to share their knowledge. Ask about the history, the maintenance, the drive, and more to get a feel for the vehicle.

  • Get Close-Up

Along with attending classic car shows, you will get the chance to view some of the top vehicles up close. By witnessing it first hand and taking pictures, you will soon get an idea of what kind of car you like.

Why not visit the home to America’s oldest car collection? The Larz Anderson Auto Museum features old and collectible cars that span the centuries. The museum also offers enjoyable and informative tours, with varied and detailed discussions on the automobile and its impact on today’s society. Here, you’ll be able to learn about vehicles, see them in the flesh, and get to know other collector car fans.

Don’t miss the events at The Larz Anderson Auto Museum! Here are just a few upcoming events that are ideal for collector car fanatics.

  • Porsche Day
    Saturday, September 8, 2018
    10am – 2pm
  • Mercedes Day
    Sunday, September 16, 2018
    10am – 3pm
  • Tutto Lite
    Saturday, October 13, 2018
    10am – 2pm
  • Extinct Car Day
    Saturday, October 20, 2018
    10am – 2pm

Find out more about The Larz Anderson Auto Museum events here.

Safeguarding your classic car comes naturally to the experts at CAV Insurance Agency. We serve motorists from Arlington to Natick, Concord to Cambridge, and neighboring towns. Contact us today and let us put our decades of classic car insurance expertise to work for you!