Category: Auto Insurance

19 Mar 2020
a sports car on road

Best Cars for Economic Horsepower

Top Vehicles for Dollar per Horsepower

 

An attractive car is much more than just its engine size and how many cup holders it has. When you’re on the hunt for a performance bargain, horsepower and dollars matter – Specifically, getting the most horsepower for the least dollar. At this point in your search, you may find yourself asking what is power truly worth? Here, we take a look at some of the top cars with the best economic horsepower.

 

2005–09 Saleen S7 Twin Turbo

Power: 750 hp

Good condition value: $550,000

Price per horsepower: $733

The naturally-aspirated S7 debuted in 2000 as a homologation special, letting the S7R loose on the endurance racing circuit on both sides of the pond—over the model’s nine-year career, it notched class wins at both the 12 Hours of Sebring (2001) and 24 Hours of Le Mans (2010). However, the S7 Twin Turbo’s 750 horses, racing legacy, and American-built goodness don’t come cheaply.

 

2004–10 Mercedes-Benz SLR McLaren

Power: 617 hp

Good condition value: $202,000

Price per horsepower: $327

The SLR McLaren is one noisy vehicle thanks to a dry-sump 5.4-liter supercharged V-8 shoved almost 20 inches behind the front axle and nearly underneath your nose. Even so, you’ve got a polarizing, powerful coupe that rings in at roughly $327 per horsepower, roughly half the S7 Twin Turbo’s metric.

 

2015+ Dodge Challenger SRT Hellcat

Power: 707 hp

Good condition value: $51,000

Price per horsepower: $72

The Hellcat was king of the hill for three years before the Demon knocked it off its pedestal; but if you’re looking for a high-po Mopar daily driver, you’ll likely prefer the Hellcat’s more-friendly suspension setup and better sound dampening.

 

2012–15 Chevrolet Camaro ZL1 Coupe

Power: 580 hp

Good condition value: $32,000

Price per horsepower: $55

King of this numbers-slinging batch is the fifth-gen Chevy Camaro ZL1. Stickering for roughly $55K when new in 2012, the Camaro ZL1 still stakes a claim to the bargain performance space.

 

Do you have a unique car? At CAV Insurance Agency, protecting your car comes naturally. We have access to specialty companies such as Hagerty, Grundy, and AIG that create policies as unique as your vehicle. 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 car insurance expertise to work for you!

12 Mar 2020
driver with phone in hand

The New Massachusetts Hands-Free Driving Law

What You Should Know About the Latest Massachusetts Hands-Free Driving Law

 

Whether you live, work, or play in Massachusetts, there are many things you should know about the state. As a motorist, it’s important that you keep on top of the latest rules and regulations to stay legal on the roads and avoid steep penalties. The latest auto news involves updated restrictions about hands-free driving. To ensure your safety and compliance, here’s what you should know about the new Massachusetts hands-free driving law.

 

Restrictions

 

In Massachusetts, texting while driving has already been outlawed, but using phones to make calls was previously allowed. Under this new law, you can still make phone calls, but you cannot physically hold your phone in your hand while behind the wheel. To make a call, you must use your phone hands-free by either connecting a headset, activating the speaker or connecting to your vehicle’s Bluetooth. This law applies even when your car is stationary at a stoplight.

 

Penalties

 

Using phones behind the wheel can be exceptionally dangerous, and usually comes with strict enforcement guidelines and harsh penalties. Using a phone while driving can result in a $100 fine for the first offense, $250 for the second offense, and $500 for the third. The law also requires repeat offenders to take a safety course to better understand the risks of using a phone while driving.

 

Effective Dates

 

The Massachusetts Hands-Free Driving Law went into effect on February 23, 2020. To help educate motorists to this new law, there is a grace period through March 31st where only warnings will be issued. Starting April 1, 2020, full tickets will be given to anyone who breaks the law.

 

Why Now?

This law has been in the works for a while. In the past, Governor Baker was hesitant to sign proposed bills for hands-free driving because it might disadvantage lower-income drivers who are unable to afford Bluetooth devices. However, the rising number of auto incidents involving phones became a major factor in pushing this law through. Hopefully, this law will reduce accidents and keep us all safer on the roads.

 

One thing you shouldn’t have to worry about when driving is your auto insurance policy. At CAV Insurance in Wellesley, MA we have a variety of markets to fit you and your vehicle needs. Whether you take it out for a Sunday drive through Dover and Sherborn or you enter your car in a show at Larz Anderson in Brookline, we will set you up with a policy that fits your needs. Contact us today to get started.

23 Jan 2020
man behind wheel of a car texting

Safeguard Your Business with a Distracted Driving Policy

Reduce the Chance of a Distracted Driving Disaster

 

If your employees regularly drive, as a business owner, you want to be sure they are safe behind the wheel. Employees who drive during the course of their work may also drive up their employer’s risk factors if they give in to distractions while operating a vehicle.

 

Whether it’s scrolling through social media, changing the radio or making calls behind the wheel, distracted driving is a huge risk. What’s more, only 27 percent of businesses report having a formal policy on distracted driving. With the rise of tech in the car, making distracted driving a part of your policy is even more important.

 

Take a look at these four steps to help make your distracted driving policy more effective:

 

  • Create a policy

Create a formal, written policy stating that your business will not tolerate mobile use while driving. Consider other distractions as well, such as tuning a radio, eating, drinking, or looking over paperwork. A formal policy is the foundation of your distracted driving prevention so be sure to outline your policies in detail. This policy should apply to everyone in your business who drives a vehicle on company business, no matter how infrequently they get behind the wheel.

 

  • Communicate to employees

What good is having a distracted driving policy and then not communicating it? The most effective policies should be communicated on a regular basis. Have every employee who drives on company business acknowledge in writing that he or she will read and adhere to the policy. Include the policy in emails, newsletters, and on signs around the workplace to remind drivers of the importance of staying focused on the road.

 

  • Follow the policy

Managers and office staff should lead by example. Let the team know that while they are on the road, no phone call or email is worth risking their safety.

 

  • Promote safe driving practices

Most managers are in the best position to promote safe driving practices and the expected behaviors of those that drive for a business. They can reinforce the policies and even recognize team members that drive the safest.

 

If the worst does happen, be sure that you have a commercial auto insurance policy that you can fall back on. At CAV Insurance Agency, we work with each business to determine their individual needs and budget. Serving Wellesley, Arlington, Natick, Concord, Cambridge, and neighboring towns, contact us today on 781-237-4107 to get started.

09 Jan 2020
a parked pick up truck

Why Truck Owners with Commercial Plates Should Renew Now

Got a Truck? Here’s What You Should Know

 

As of December 16, 2019, ATLAS will require USDOT numbers for every commercial registration in order to renew.

 

This new RMV practice affects two vehicle categories that were previously not required to have USDOT numbers:

1) Trucks that are used in commerce in MA but weigh under 10,001 lbs.

2) trucks that weigh over 10,001 lbs. but are not used in commerce.

Who Needs a USDOT Number?

Massachusetts requires you to obtain a USDOT number if you have a vehicle that fits one of these descriptions:

  • It is used in intrastate commerce.
  • It is used to transport the types and quantities of hazardous materials requiring a safety permit in intrastate commerce (see 49 CFR 385.403).
  • It has a gross vehicle weight rating or gross combination weight rating, or gross vehicle weight or gross combination weight, of 4,536 kg (10,001 pounds) or more, whichever is greater.
  • It is designed or used to transport more than 15 passengers, including the driver, and is not used to transport passengers for compensation.

 

If you have questions regarding auto insurance coverage or would like to speak with a Massachusetts insurance expert from CAV Insurance Agency, call us on 781-237-4107. Remember that it only takes a few minutes to get an auto insurance quote from your local insurance agency.

12 Dec 2019
snow shovel next to snow

Is Your Parking Lot Safe for Visitors and Employees This Winter?

Get Your Parking Lot Ready for Winter

 

Parking lots can be dangerous places, especially in winter where there is ice and snow on the ground. If your business has a parking lot, you’ll want to ensure the safety of your employees, guests, visitors, vendors, and yourself this winter.

 

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.

  • 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.
  • Provide grip. If there has been snow or ice, it’s important that you do what you can to prevent slips and falls. Spread out sand which can help guests grip the ground or salt that works to dissolve ice.
  • 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 night-time 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.
  • Avoid unnecessary trips. If the parking lot is unsafe for use, do not call out employees and visitors unless absolutely necessary. One accident is all it takes to bring a company to its knees.

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.

19 Sep 2019
driving on fall roads

Top 5 New England Scenic Drives

Don’t Miss These Unforgettable Scenic Drives in Fall

For many collector car enthusiasts, the Fall is the best time to get out and drive. In New England we are lucky as the cooler temperature also bring out the fall foliage. Whether you have a new, used, or classic car, there is nothing better than a fall scenic drive.

  1. Mohawk Trail, Massachusetts

This popular Massachusetts drive goes through the famous Mohawk trail which is in the northwestern part of the state on route 2. The road winds through the hills and mountains of the Berkshires and offers prestigious views of the trail and the surrounding area.

  1. Central Vermont

Vermont is often known for its natural green mountain landscape, which makes for a great scenic drive. In particular, towns in central Vermont such as Woodstock, Killington, and Ludlow are composed of long winding roads that are calm and captivating during any season.

  1. Old King’s Highway, Cape Cod

This renowned route passes through hundreds of historical sites and stretches the entire width of the cape. You are also able to see the natural essence that the land has to offer, which includes cranberry bogs, salt marshes, and preserved farmlands.

  1. Moosehead Lake, Maine

Route 15 and Route 201 in Maine are popular routes to witness Moosehead Lake and its fantastic mountain scenery. This scenic highway captures the beautiful mountain and lake scenery that will take your breath away.

  1. Kancamagus Scenic Highway

This road takes you on a relaxing drive through the forest and displays some of the best fall foliage that New Hampshire has to offer. This path includes natural incredible views of the White Mountains, Swift River, Sabbaday Falls, and the Rocky Gorge.

One thing you shouldn’t have to worry about when driving your car this fall is the collector car insurance policy. At CAV Insurance in Wellesley, MA  we have a variety of markets to fit you and your vehicle needs. Whether you take it out for a Sunday drive through Dover and Sherborn or you enter your car in a show at Larz Anderson in Brookline we will set you up with a policy that fits your needs.

29 Aug 2019
truck on freeway Tips for Selecting Safe Drivers for Your Business

Selecting Safe Drivers for Your Business

Tips for Finding Safe Drivers for Your Commercial Vehicles

Whether you’re a restaurant in search of delivery drivers, a trucking firm looking to expand your fleet, or a start-up who is always on the move, it’s critical to find and hire safe drivers for your commercial vehicles. Hiring safe, qualified drivers can reduce the risks for employees as well as minimize your company’s liability. According to the Occupational Safety and Health Administration (OSHA), motor vehicle crashes cost employers $60 billion each year in medical care, legal expenses, property damage and lost productivity. If your business can avoid the expense of a commercial auto accident, you could save the average costs of $74,000 for injuries and over $500,000 if a fatality occurs. To assist in protecting your business, learn how to choose safe drivers for your vehicles.

Follow a formal hiring policy

Even companies that do not have a large fleet should have a hiring policy in place to ensure drivers are properly vetted before hiring. The policy should include the company requirements, state and federal regulations, and the process on how to hire a driver correctly.

Ask relevant questions

When interviewing, ask each candidate open-ended questions about their driving history and driving habits. You can choose to ask about how they stay alert when driving long distances, how they navigate unfamiliar roads, and what they would do if they were running late. Safety should be the priority in each of these answers. In addition to asking about their traffic violations, ask what they have actively done to improve their driving skills.

Evaluate motor vehicle records

Motor Vehicle Records (MVR) provide valuable information about each candidate’s driving history. Here, you can learn more about whether they have been truthful in the interview and how responsible they are as a driver.

Establish a safety program

Hiring good drivers is the first step. As a business, it’s imperative that you regularly train and monitor your drivers to ensure that your vehicles and business are kept in safe hands. Write up a safety program that includes written procedures, crash reporting, disciplinary action, and driver communication.

Protect your business with commercial auto insurance

Even the safest of drivers get into accidents. If the worst does happen, be sure that you have a commercial auto insurance policy that you can fall back on. At CAV Insurance Agency, we work with each business to determine their individual needs and budget. Serving Wellesley, Arlington, Natick, Concord, Cambridge, and neighboring towns, contact us today on 781-237-4107 to get started.

22 Aug 2019
a digital dashboard in car

High-Tech Cars: What’s New in Car Safety Features

Car Safety Features and Technology in Modern Cars

There’s no doubt about it, technology is changing the way we work, communicate, and drive. That’s right, technology has truly made its way into our everyday vehicles, making for a smoother and safer ride. We’re still a few years away from autonomous vehicles being the majority on our roads, but that doesn’t mean modern cars aren’t getting smarter by the minute. We take a look under the hood of today’s high-tech cars to see some of the emerging technologies and how they make each journey safer and smarter.

Automatic Emergency Braking Systems (AEBS)

Going a step beyond simpler and possibly distracting collision warning systems, AEBS puts the brakes on rear-end accidents. Sensors monitor the distance of the vehicle in front of the car, sending signals to the brakes if a collision is imminent. It assists the driver if they are not quick enough to brake or are not braking hard enough to prevent a crash.

Lane Keeping Assist

When a driver is distracted, ill or tired is when they are most likely to drift from one lane into another. That’s why Lane Keeping Assist was developed – to provide audible warnings to the driver to alert them to the fact that they are drifting. LKA also takes corrective action to keep the vehicle centered in the lane rather than rely on the driver to do it manually.

Traffic Sign Recognition

We’ve all had a moment of apprehension because we didn’t notice a stop sign or a street sign indicating a speed limit change. The latest high-tech cars don’t miss a beat. They can read the street signs that we might miss and then relay this information on the dash display.

Driver Inattention Monitor

This smart monitor registers your face and notices patterns of drowsiness or distraction. Then, the car can warn you and often encourages you to take a break.

Pedestrian Automatic Emergency Braking

One system that is being perfected is the warning system that detects pedestrians near the moving vehicle. Audible warnings can be a distraction as you try to understand what is beeping, which is why tech makers are using cameras or radar to detect pedestrians in your path and then automatically apply the brakes if you don’t do so yourself quickly enough.

Increased safety is the goal of many car developments now. These new safety devices can help to limit collisions, reduce injuries and deaths, avoid costly deductibles, and more. If you have questions regarding auto insurance coverage or would like to speak with a Massachusetts insurance expert from CAV Insurance Agency, call us on 781-237-4107. Remember that it only takes a few minutes to get an auto insurance quote from your local insurance agency.

25 Jul 2019

How Much Excess Liability Do You Need?

Determining How Much Umbrella Insurance You Should Have

Accidents happen. Although it’s never pleasant to face a disaster, you may have your insurance policies there to pick up the pieces. But what happens when the damage exceeds your insurance coverage? You could be left paying the rest, which can take a serious toll on your finances. Here is where an umbrella policy, also known as excess personal liability insurance, comes in handy.

An umbrella policy is designed to sit on top of your auto, homeowners, and watercraft liability coverage. If you injure someone in an auto accident or someone gets injured while on your property, your home or auto insurer will help to pay for damages up to the liability limits in your policy. If the damages exceed these limits, the injured party can then sue you for the difference. Fortunately, an umbrella policy can help to protect you and your assets in the event of a liability claim.

How much coverage do I need?

As a general rule, the more assets you have acquired, the higher your risk for litigious encounters. Individuals should seek additional coverage to protect their assets and financial security. Umbrella insurance is typically sold in increments of $1 million and can cost as little as $180 a year for the first $1 million of coverage. However, what you actually pay will depend on a variety of risk factors.

A range of factors will be taken into account when acquiring umbrella insurance. There are some risk factors that call for more insurance than others, such as having teenage drivers, domestic employees, owning watercraft or an ATV, having a backyard pool, serving on the board of a non-profit organization, or being active on social media networks. If you fall into several of these categories, your liability risk is higher than average. In turn, you may need to opt for more umbrella insurance to protect your assets.

Finding the right umbrella insurance protection doesn’t have to be challenging. Talk to the reliable team at CAV Insurance to get started on your policies! Our experts are well-versed in finding the right coverage for unique situations. Contact us on 781-237-4107 to get started.

11 Jul 2019

6 Ways to Protect Your Classic Car Investment

Safeguarding Your Classic Car

One of the many joys of owning and driving a classic car is the freedom to cherish it in a way that just isn’t practical or rational for your daily driver. A classic car often comes in at a pretty penny, so we want to keep them as safe and secure as possible. When it comes to protecting your vehicle, everything from routine maintenance to collector auto insurance Wellesley, MA can help. Whether you own a collection of muscle cars or an antique auto, these tips can help to prevent damage and additional wear and tear to your investment.

 

  • Store it well

Is your car stored in your garage? If so, make sure it is properly secure and add some extra locks, if needed. Keep the lawn equipment, kids’ toys, power tools, and harsh chemicals well away from the vehicle. To take extra precautions, opt to store your vehicle in a safe storage facility where it won’t be surrounded by other garage items. It is also a good idea to get a car cover for the car for added protection.

  • Prepare for extended storage periods

In New England the driving season is relatively short. During the winter months your car most likely will not see the roads. Due to this it is a good idea to prep your car for winter storage. It is a good idea to drain or treat the fuel, these days fuel has ethanol in it that when left for periods of time can turn to a gel like substance and clog up the fuel system. Another must is a battery trickle charger. These devices extend the life of your battery as well as keep the battery charged so you will not have a dead battery when you try and start the car next.

  • Drive it!

The best way to keep your classic car in tip-top condition is by driving it regularly, so don’t be afraid to slip behind the wheel. Journeys of just a few miles aren’t great for the vehicle, but anything that is long enough to get the fluids nice and warm will do more good than harm.

  • Place documents in a safe location

The original manuals and historic photos are an essential part of your car’s history and should be kept safe at all times. Maintain all the essential and original documents as best you can, and this may even increase the value of the vehicle.

  • Keep up the maintenance

Your classic vehicle can’t be taken to any garage. An older system means finding a mechanic who specializes in maintaining these vehicles. Remember to complete necessary tune-ups, and address any problems promptly. Here’s what you should know about classic car insurance.

  • Secure enough insurance

Your classic car is like any other – so why settle for a standard auto insurance policy? Find an insurer who understands what it means to protect a classic car, and who allows you to choose the most qualified repair shop.

At CAV Insurance Agency, protecting your classic car comes naturally. We have access to specialty companies such as Hagerty, Grundy, and AIG. These carriers offer policies designed specifically for your collector car, and 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!

COVID19 Notice:

While our office is closed to the public, we are fully operational working remotely. Please call our office for assistance at 781.237.4107 or email us at clientservices@cavinsurance.com We are here to assist you during these trying times. Thank you and stay safe.