What are YOU paying for Automobile Insurance? Average car insurance premiums by State: 1 Michigan  $   2,476 2 Montana  $   1,886 3 Washington, D.C.  $   1,799 4 Louisiana  $   1,774 5 Florida  $   1,742 6 West Virginia  $   1,716 7 Connecticut  $   1,690 8 Rhode Island  $   1,656 9 California  $   1,643 10 New Jersey [...]
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How Do YOUR Insurance costs compare? Recently, NerdWallet released the results of their study, and the results were quite interesting. The average American spends $5,261, or 12% of their yearly income, to insure their health, home, life and vehicle. On average in the United States, we spend: $1,100 for auto insurance; $2,823 health insurance; $1,034 […]

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Eight Auto Insurance Myths When purchasing car insurance, it’s important to understand the factors that affect your car insurance premium rates and coverage. But how do you differentiate between truth and fiction? A good place to start is by dispelling some  common myths about auto insurance: Myth 1 – Color determines the price of auto [...]
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Sharing, or pooling, of risk is the central concept of the business of insurance. The idea has the beauty of simplicity combined with practicality. If risks—chances of loss—can be divided among many members of a group, then they need fall but lightly on any single member of the group. Thus, misfortunes that could be crushing [...]
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Here in Cambridge, Mass. and vicinity, what is Covered under a "Standard" Homeowners Policy? As defined by the Insurance Information Institute on their website, four essential types of coverage are included in a standard Homeowners Policy. They include: 1. The structure of your house This part of your policy pays to repair or rebuild your home [...]
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The Insurance Information Institute is a great source of trade information. In a recent Press Release entitled "Six Questions to Ask when Shopping for Homeowner's Insurance", they outline 6 basic questions everyone should ask before buying or renewing a homeowners insurance policy.  We have noted them for you below: 1.     How much would it cost to rebuild [...]
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