Category: Archives

11 Apr 2019

RM Sotheby’s Amelia Island 2019 Auction Results

Results from RM Sotheby’s Amelia Island

 

On Friday, March 8th, the RM Sotheby’s Amelia Island 2019 was held on the grounds of the Ritz-Carlton Hotel in Amelia Island, Florida. This year, the sale features more than 140 automobiles and totaled 84 percent sell-through rate. Take a look at some of the auction results that stunned the audience.

 

Lots from the single-owner Youngtimer Collection opened the sale, with the first lot consisting of a 1993 Mazda RX-7 bring an above-estimate of $50,400, setting a record for the model at auction. Within the Collection, a 1996 Nissan 300 ZX Twin Turbo sold for $53,200, a 1989 Mercedes-Benz 560 SEC AMG 6.0 ‘Wide-Body’ reached $179,200, and a 1994 BMW 850 CSi achieved $184,800, all eclipsing or reaching the top end of the high estimate. An original 1994 Toyota Supra Twin Turbo Targa, which had less than 11,200 miles from new, sparked an interest with many buyers in the room. The sale price for this vehicle reached $173,600 and exceeded the current auction record for the stock model, estimated at around $100k to $120k.

 

Sales continued to climb throughout the day. A Euro-spec 1992 Ferrari F40 achieved $1,017,000 and a 2015 McLaren P1 sold for a solid $1,490,000. The 2010 Bugatti Veyron 16.4 ‘Sang Noir’ was sold for $1,500,000.

 

The sale session was led by the top sale of the entire week, a 1965 Ferrari 275 GBT, which sold for a final price of $2,205,000. The award-winning 275 GBT retains its original, matching-numbers engine.

 

RM Sotheby’s Amelia Island 2019 – Top Ten Auction Results

  1. 1965 Ferrari 275 GTB – $2,205,000
  2. 1967 Shelby Cobra 427 – $1,792,500
  3. 1930 Duesenberg Model J LeBaron Dual Cowl Phaeton – $1,650,000
  4. 2010 Bugatti Veyron 16.4 Sang Noir – $1,500,000
  5. 2015 McLaren P1 – $1,490,000
  6. 1926 Hispano-Suiza H6B Cabriolet Le Dandy – $1,352,500
  7. 1934 Packard Twelve Individual Custom Convertible Sedan – $1,325,000
  8. 2015 Porsche 918 Spyder – $1,187,500
  9. 1992 Ferrari F40 – $1,017,000
  10. 2017 Ferrari F12 tdf – $967,500

 

For complete results, please visit RM Sotheby’s.

 

When you’re looking to protect your collector vehicle, the team at CAV Insurance Agency can help. We serve motorists in Brookline, Weston and other neighboring towns. Contact us today and let us put our decades of classic car insurance expertise to work for you!

 

28 Mar 2019

How to Prepare Your Home for the Spring Market

Easy Ways to Prep Your Home for Spring Selling

 

Decluttering now during the quieter winter months will allow your home to be 100% ready for the spring market. Staging can be accomplished by rearranging your own possessions or complimenting them with items from our very own staging consultant. The National Association of Realtors has extensive research showing that staging reduces market time and puts more money in your pocket. The proof is in the numbers – According to the Real Estate Staging Association, homes which are staged before going on the market sell 73% faster, on average, then their non-staged counterparts.

 

Many homeowners are familiar with the concept of home staging, thanks to reality television. Home staging is the art of preparing a home for sale. Via home staging, you aim to improve the flow of your home, eliminate clutter, and make your home appear bigger and brighter. A professional home stager is an expert in the art of preparing homes for sale. Since most buyers now begin their home searches online, having your home professional staged appropriately can be crucial toward that first step of attracting an interested buyer. A non-staged home can present worse in photographs as compared to a staged one. Staged homes are often more likely to get a walk-through.

 

Do you have any questions about staging a house? Please contact our guest blog post author & Local Real Estate expert Gary Kaufman of  The Kaufman Realty Team | 617-721-0785 | garykaufmanrealtor@gmail.com Website: www.kaufmanrealtyteam.com

 

21 Mar 2019

Winter Thaw is Starting: Is Your Sump Pump Ready?

Getting Your Sump Pump Ready for Spring

 

After a long, cold winter, it’s a welcome sign when the days get longer and the temperatures begin to climb. But the spring thaw can also bring spring flooding to your basement if your sump pump is not operating properly. When was the last time you checked your sump pump to make sure it is in working order? Now is also the time to check your homeowners insurance since some policies may not cover water in the basement.

 

What to Check

  • Is the sump pump plugged in?
  • Is the power cord in good condition?
  • Is the drain hose connected properly?
  • Is it free from debris?
  • If it has a backup battery is it charged?

 

Sump Pump Maintenance Tips

  • Check to make sure debris isn’t clogging the pump area. Even larger objects can find their way into your sump pump, so be sure to check the vent holes, valves, and all other areas of your sump pump for unwanted substances.
  • Test your sump pump. If it’s been some time since you last used your sump pump, check that it is working properly. You can do this by pouring water into the sump pit. If it doesn’t start working instantly, you may have a problem that you need to fix.
  • Make sure the battery is charged. Even though your sump pump likely has a back-up battery in case of an emergency, it’s important to make sure it’s always working.

 

If your sump pump does not seem to be working correctly, contact a professional for assistance.

 

A sump pump that has been properly maintained will provide service for up to 10 years. If you don’t know the age of your sump pump, it’s a good idea to consider a replacement and keep a backup on hand in case your sump pump fails.

 

Sump Pump Coverage

Consider obtaining optional coverage for water backup or sump discharge or overflow since most homeowners insurance policies do not cover this damage. A sump pump endorsement can be purchased at a low cost and will provide coverage for damage caused by backed-up water. This includes coverage for items that water damaged, as well as the cost of cleaning up the water in your home, as long as the loss was not caused by the homeowner’s negligence.

 

Are you looking for reliable homeowners insurance coverage? 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!

14 Mar 2019

Car Season is Almost Here! Larz Anderson Auto Museum In Brookline has announced this years event schedule!

For car fanatics, the arrival of spring means it’s almost time for events and shows. Spring brings the opportunity to gather together, view some of Metro West’s best cars, and enjoy car chat while sipping on quality(Remove)coffee. No one puts on a car show quite like they do at the Larz Anderson Auto Museum. Offering events that you don’t want to miss this car season!

 

Lawn Events

Lawn events at the Larz Anderson Auto Museum are a must for any collector car enthusiast. These events draw in cars from all around New England – whether your car is 1962 Jaguar E-Type or a 2018 Ford GT there is a show for you.Fans gather to view some of the best cars in the area and get to enjoy an up-close view of each vehicle, and chat with fellow enthusiasts.

 

Upcoming events include:

 

  • Cadillac Day

Sponsored by New England Cadillac and LaSalle Club

Sunday, May 19, 2019

10am – 3pm | Car Registration $10

 

  • Member Car Day

Museum Sponsored Show

Sunday, June 2, 2019

9am – 1pm | Car Registration $10

 

  • Corvette Day

Sponsored by NCRS New England Chapter

Sunday, June 9, 2019

10am – 3pm | Car Registration $20

 

  • German Car Day

Museum Sponsored Show

Sunday, June 16, 2019

10am – 2pm | Car Registration $20

 

  • British Car Day

Museum Sponsored Show

Sunday, June 23, 2019

 

  • Miata Day

Sponsored by Mass Miata Club

Sunday, June 30, 2019

10am- 2pm | Car Registration $20

For more information about upcoming events and registration, visit Larz Anderson Lawn Events.

 

Cars & Coffee

Cars and Coffee is a great event for all car enthusiasts to meet up and talk cars. The event is free for all and continues to be a much-loved tradition for local car fans.

Upcoming events:

 

  • May 11, 2019
    8am-11am

 

  • June 22, 2019
    8am-11am

 

  • July 13, 2019
    8am-11am

 

  • August 24, 2019
    8am-11am

 

For more information about upcoming events, visit Larz Anderson Cars & Coffee.

 

Will you be going to any of Larz Anderson’s events? Let us know! When you’re looking to protect your collector vehicle, the team at CAV Insurance Agency can help. We serve motorists in Brookline, Weston and other neighbouring towns. Contact ustoday and let us put our decades of classic car insuranceexpertise to work for you!

28 Feb 2019
Developing a Data Breach Incident Response Plan

Developing a Data Breach Incident Response Plan

Get Breach Ready with the Help of a Cyber Incident Respond Plan 

Cyber breaches are a very real threat for every business, no matter what the size, location or industry. These days, it’s not a matter of if, it’s a matter of when. Because of our reliance on digital technology, storage, and communications, hackers are getting smarter at stealing vulnerable data. Having a solid data breach response plan in place can make the threat of a security breach less intimidating. A data breach response plan is a course of action intended to reduce the risk of unauthorized data access and to mitigate the damage caused if a breach does occur. Alongside reliable business insurance in Wellesley, MA, a cyber incident response plan can help protect your business.

Planning Ahead

  • Establish a response framework. An effective incident response plan contains a framework for action where key decisions are made ahead of time and don’t have to be made last minute and under pressure.
  • Contact an IT firm. Set up a contract with an IT firm who will assist with setting up firewalls and other security measures for your business.
  • Inform all personnel. The information should be shared with all personnel, including employees and contractors. It can also be part of new hire orientation and routine employee awareness activities.

Steps to Take if a Breach Occurs

  • Determine what was stolen to understand what kind of information was lost in the data breach.
  • Change all affected passwords to prevent further damage. Ask employees to change their passwords and PINs, too.
  • Investigate the breach. Your response team should also continue to monitor the status of the breach.
  • Reach out to all relevant parties. It’s wise to notify your local police. If the theft included Social Security numbers, then major credit bureaus can be of assistance.
  • Identify and secure all affected data, machines, devices, and systems. Isolate and preserve the compromised data. Your network should also be cleaned of malicious code.
  • If your customers’, vendors’ or clients’ information was exposed, be sure to alert the affected individuals. Your public affairs staff should work with legal counsel to word the notification in a straightforward and honest manner.
  • Learn from the breach. Your company should hold a meeting after the recovery phase to refine your data security program and breach response strategy.

Although you cannot completely prevent a data breach from affecting your business, the steps you can take today are critical to how you can recover after a breach. Ignorance isn’t bliss when it comes to cybersecurity. Mitigating digital risks can help you and your business to stay safe. To discuss the cyber insurance options that are available for your business please contact CAV Insurance, serving Wellesley and Newton.

 

For a cyber liability insurance premium indication, please complete and return this form to us.

CAV Cyber App

21 Feb 2019
What to Do If Your Identity is Stolen

Identity Theft: What to Do If It Happens to You

Steps to Take Immediately If You’ve Been a Victim of Identity Theft

Thieves are opportunistic. Especially when it comes to identity theft. They tend to exploit simple vulnerabilities in individuals’ information, and security practices, and gaining small and simple data helps them to steal more. In many cases, signs of identity fraud can take weeks or months to reveal themselves.

This fraud is when someone commits a crime or fraud in your name using your stolen personal information. Identity theft is the fastest growing white-collar crime across the nation, impacting everyone from Wellesley to LA. More reliance on digital technology and smarter hackers means that no one is immune to identity fraud.

If you are a victim of identity fraud, it’s important to act quickly to resolve the issue. Here are some steps that you should take immediately:

  • Flag your credit reports. Contact the fraud department of one of the three major credit reporting agencies: Experian, Equifax, and TransUnion. Inform them that you have fallen victim to identity fraud. Ask them to place a “fraud” alert in your file and confirm that they will contact the other two companies on your behalf.
  • Get copies. It’s a good idea to ask for a copy of the credit report. If your report is inaccurate because of fraud, then they are required to give you a free copy.
  • Consider a credit freeze. You may want to place a credit freeze on your credit file, which means that the potential creditors cannot get your credit report. Doing this makes it less likely that a potential identity thief can open accounts in your name. To do so, contact the Massachusetts Attorney General’s office, and then contact each credit reporting company.
  • Call creditors. Call each of the creditors about any accounts that have been charged or opened fraudulently. Keep in mind that the credit fraud may have been going on for some time without you realizing, so look into previous transactions as well as current ones.
  • File a report. File a report with your local police. Make sure to acquire a copy of the police report so that you can have proof of the crime.
  • Keep records. Keep detailed records of your conversations and all correspondences in case there are any discrepancies.
  • Change account PINs and passwords. Changing your password and PIN should occur every few months to keep risks at bay, but this is especially important to do after identity theft.

To help protect your finances or business from a disaster, contact the professionals at CAV Insurance today.

14 Feb 2019
Creating a Workplace Fire Safety Plan Can Help Protect Your Workers and Business

Does Your Business Have a Workplace Fire Safety Plan?

Steps to Create a Fire Safety Plan for Your Business

Fires can occur anywhere and at any time. If you own or manage a business, it is your responsibility to put fire safety measures in place and protect your employees, company, and yourself from the devastation that can result in a workplace blaze. Does your business have a workplace fire safety plan in place? A comprehensive plan provides information to your team on how to handle a fire emergency and helps to ensure that your business is prepared for the unexpected.

If you don’t have an emergency fire plan for your business, now is the time to create one. Being prepared means that you’re one step ahead of a disaster, and that means your business can quickly get back on its feet after a disaster. If you need to create a safety plan, we can help.

Your fire safety plan should highlight emergency procedures that should be used in the case of a fire, including sounding the alarm, alerting the fire department, and carefully evacuating building occupants. It is critical that all employees and managers read through the plan and understand what is expected of them in a fire. Remember, the plan should be discussed before any disaster – the time to learn safety procedures is not during an emergency.

The elements of your plan should include the following:

  • The duties and responsibilities of staff during an emergency
  • Instructions for building occupants and staff on fire prevention methods
  • Steps on what to do in case of a fire
  • How to conduct a fire drill
  • The frequency of fire drills
  • Detailed maintenance procedures for fire protection systems and building facilities
  • Location of fire alarms, extinguishers, and sprinklers
  • Detailed instructions on the use of any emergency equipment, such as the fire alarm system, smoke control system, and fire extinguishers
  • Procedures for the use of elevators and the evacuation of employees requiring special assistance
  • An accountability system that can account for all occupants following evacuation, including notification to the fire department of any missing occupants and their last known location

Although you cannot completely prevent a fire from affecting your business, the steps you can take today are critical to how you can recover after a disaster. Mitigating fire risks can help you and your business to stay safe. To secure reliable business insurance, please contact CAV Insurance, serving Wellesley and Weston.

31 Jan 2019
Tips to Help Employees and Visitors Stay Safe in Parking Lots

Tips to Help Employees and Visitors Stay Safe in Parking Lots

Keep Parking Lots Safe for All

Employees, guests, visitors, vendors, yourself, and others – the parking lot is an appreciated convenience for all. While you may not pay much mind to this space, disasters can happen that leave you responsible. Slippery conditions, uneven surfaces, and poor lighting can make parking lots dangerous and hazardous. A well-maintained and well-lit parking area can help to keep your employees and visitors comfortable and safe.

Slips, trips, and falls can result in serious injuries to visitors. This seemingly minor risk has the potential for lawsuits. It’s important to know the particular risks of your area and take appropriate precautions to safeguard individuals. Take a look at these tips on how to keep employees and visitors safe in your parking lot.

  • Ensure there are no tripping hazards. Make sure walkways and other paths are clear of holes, poles, rocks, and debris that someone could trip over. Curbs and sidewalk joints should be even, and level changes should be visually identified, such as marking with yellow safety paint.
  • Install adequate lighting. During non-routine work hours such as early mornings or late evenings, your parking lot should be lit well so that people can clearly see vehicles and paths. Exterior lighting is important year-round, and should be adequate for nighttime use.
  • Maintain handrails. Handrails or guardrails should be installed at level changes and for the stairs and ramps. Make sure they are stable and at the appropriate height.
  • Establish clear signage. All entrances, exits, pedestrian crossings, and parking areas should be signposted clearly. Landscaping and signs should not block driver visibility.
  • Maintain proper drainage. Standing water can be an issue for pedestrians as well as vehicles. If your business’s parking lot has standing water, there is a potential for ice during the winter, which can open you up to more risks. Make sure that drains are away from pedestrian areas and are well maintained.
  • Establish a snow maintenance program. Make sure that you have a reliable contract with a local snow removal company to make sure the parking lots and sidewalks are free of snow and ice.

Make it easy for employees and visitors to report conditions in the parking lot, whether they feel unsafe or in danger. Management should receive these comments well and take action to correct an issue promptly. Doing so can help keep your business running smoothly.

A small investment parking lot safety for your business can help to avoid disasters. To find out if your business insurance is ready for the worst, 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.

24 Jan 2019
How Cyber Planning Can Help Protect Your Company

How Cyber Planning Can Help Protect Your Company

Protecting Your Business From Cyber Breaches

Every business owner will know that cyber breaches are on the rise. After all, with our increased reliance on technology, software, and devices, comes the rise of risks to our data and information. Hackers see businesses – of any size – as a goldmine of important information. It’s incredibly important that your businesses acts to protect confidential data and all of your systems so that your company can keep running smoothly. Establishing a cyber plan and securing reliable business insurance in Wellesley, MA can help your business recover quickly if the worst does happen.

Believe it or not, but the human has become a weak link and the number one target. Research has found that over half of all malware is installed via malicious email attachments. With that said, as a business owner, you can your team recognize malicious emails and report them as necessary. Take a look at these pre-breach steps you can take to protect your business.

Train your employees for today’s threats. Regularly update your cybersecurity training to reflect the latest risks and potential ways of hackers gaining entry into the business’s system. Test employees on their skills of how to respond to phishing emails and how to identify other communications with malicious intent. If your team sometimes work remotely, train them on how to protect your network when working remotely or when using mobile devices.

Encrypt and back up business data. If the worst does happen, you want to ensure your data is safe. Encrypting your data means that a hacker is less likely to gain access to your information and readily understand it. Backing up your data means that you don’t just have one copy to rely on.

Consider cyber liability insurance. Cyber liability insurance is designed to protect your business if it falls victim to a cyber breach.

Although you cannot completely prevent a data breach from affecting your business, the steps you can take today are critical to how you can recover after a breach. Ignorance isn’t bliss when it comes to cybersecurity. Mitigating digital risks can help you and your business to stay safe. To discuss the cyber insurance options that are available for your business please contact CAV Insurance, serving Wellesley and beyond.

17 Jan 2019
How to Leave Your Home Safe for Your Winter Vacation

How to Leave Your Home Safe for Your Winter Vacation

Winterize Your Home Before Leaving for Vacation

Are you lucky enough to be escaping the winter weather on a sun holiday or hitting the slopes for some downhill fun? During this time of year, skiing in New Hampshire and Vermont is ideal, and many individuals, couples, and families take advantage of the fresh snow in the New Year. If you’re grabbing your skis for a weekend of fun, you will want to be sure you leave your home safe and protected. Your home is more vulnerable to vandalism, burglaries, storms, and freezing temperatures in January. Luckily, with these tips and reliable home insurance in Wellesley, MA, there are numerous steps you can take to minimize the risk.

  • Unplug all unnecessary electrical devices. Walk through your home and unplug toasters, computers, TVs, chargers, and clocks that will draw power and create that small risk of fire. Leave essential appliances on, such as the refrigerator, and lights on a timer.
  • Turn down the heat. When no one is in the house, a setting of around 55 degrees is adequate to keep the pipes from freezing and then bursting. If you have pets or houseplants, you may want to raise the temperature accordingly.
  • Turn off the main water supply. To ease your mind while you’re away, it’s a good idea to turn off your home’s water supply and open all faucets and drain them.
  • Ask a trusted friend or neighbor to check in on the property. Ask someone you trust to visit the property often. He/she can bring in the post, water the plants, feed the pets, and ensure all is well with the house. Make sure that your friend has your contact information and basic knowledge of the house.
  • Don’t give burglars a chance. Burglaries raise in winter, as many take the opportunity to break into a home when they know the homeowners are on vacation. Before you leave, ensure all windows and doors are sealed and locked. Never leave keys outside the property, such as under a plant pot.

Finally, relax and enjoy your trip! If the worst does happen, and despite your best efforts, an incident occurs, 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!