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If You Sold Your Car, What Should You Do With The License Plates? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 06 Mar 2023 11:20:00 GMT

In Massachusetts, all drivers are required to register their vehicles and purchase compulsory auto insurance coverage. To ensure that drivers comply with state insurance laws, drivers must turn in their license plates before canceling their auto insurance policy. And if you are transferring your Vehicle’s ownership, it is your responsibility to properly register and insure the car before driving on state roads.
Leaving your license plate on the car could make you liable for the actions of another driver.

Before You Turn In The Plates, Are You Planning To Buy A New Vehicle?

If the answer is yes, then you have seven days from the sale of your old car to register a similar one with the same license plates.

In Massachusetts, you have seven days after disposing of a car to transfer the plates to the new vehicle.
You must be at least 18 years old, the new vehicle must be of the same type and have the same number of wheels, and you must carry the transfer documents to prove the registration transfer.

To use the 7-day grace period, you must transfer the title of your old car to a new buyer.

It the answer is no, then cancel the plates immediately. This is because your Auto Insurance follows your registration, not the vehicle itself. If you don’t cancel the plates, you will still be liable for any excise tax associated with that vehicle and cannot cancel insurance coverage either.

How Do I Cancel My License Plates

In order to terminate your vehicle’s insurance coverage, you will need to submit a Plate Return Receipt. Here is the link for the state of Massachusetts:

https://secure.rmv.state.ma.us/PlateReturn/intro.aspx

To cancel your plate, you need your email address, the type and number of the plate, the last four digits of your Social Security Number, and a Driver’s License. Once you have finished cancelling your MA plates, please inform our office and send us a copy of the Plate Return Receipt for proof that coverage for the vehicle has been cancelled. As a courtesy to our customers, we offer various RMV services such as Registration and Title Applications, plate transfers, registration renewals etc.

If You Are Junking Your Car

If you have been in an accident, your car might be totaled and not worth selling. Sometimes, old cars simply have little value or have major mechanical problems like a blown motor or damaged transmission. In such a case, you might choose to donate your car to a non profit, Click here to learn more about donating your car, or have your car towed to a junkyard where it will be crushed. Your license plate still has the same function – it identifies you as the owner of the car. As soon as your car is out of your possession, you have no control over what happens with the license plate. Remove the license plate when you take your personal possessions out of the car. This is a good idea to be safe, especially if you are thinking of selling the car

If You Are Returning A Leased Vehicle

When returning a leased car to the dealership, you are still responsible for all of the belongings that came with the vehicle. This includes the license plate. Before returning your leased car, make sure you have everything that came with it, including the second set of keys, cargo covers, spare tires, original floor mats, and third row seats. Remove all your possessions from the car and take off the license plates.

Vargas & Vargas Insurance is always available to help you, with your Massachusetts auto insurance policy, you can contact our team at 617-298-0655 when transferring ownership of a vehicle, turning is a leased vehicle, or donating your car. We can help you understand your auto insurance policy in Massachusetts.

What Is Umbrella Insurance Policy, Do You Need It? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 04 Mar 2023 16:32:00 GMT

A personal umbrella policy provides additional liability protection beyond the liability limits that you now carry on your home, renters, or condo insurance and auto insurance. If you are sued and exhaust your existing liability coverage, the umbrella policy will take care of the remainder up to the limit you selected.

Furthermore, it covers legal costs while defending or settling a lawsuit. In certain situations it may even provide coverage not available in your original policies.

Carrying umbrella insurance makes you less stressed about the future.

Worrying about how a lawsuit down the road could destroy you financially is stressful. Purchasing umbrella insurance is the ideal way to avoid such stress.

Umbrella insurance provides a safety net and protects your finances from the uncertainties you face in the coming years.

Umbrella insurance allows you to participate in activities you love without the risk.

Umbrella insurance is particularly recommended for those who participate in certain activities. For example, umbrella insurance coverage is recommended for consumers who use recreational vehicles or coach children’s sporting activities.

Umbrella coverage is also recommended for those who serve on an organization’s board or participate in activities such as hunting.

With umbrella insurance, you can enjoy activities like these that may leave you open to financial risk without adequate coverage.

Umbrella insurance protects your hard-earned money.

It’s typically recommended that consumers carry enough umbrella insurance to cover the full value of their net worth. That’s because umbrella insurance protects all of the hard-earned money a consumer has saved up throughout their life.

Umbrella insurance protects the funds and assets you have worked hard to accumulate throughout your life.

What does it cost?

The good news is probably not as much as you think. Costs of personal liability umbrella policies range based on various factors such as how many properties you have, how many autos you have, your driver history, and your experience as a driver.

A $1 million policy may cost between $160 and $300 per year. As you increase policy limits beyond $1 million, the premium cost increases in smaller increments. For example, a $2 million policy might only cost 1.8 times the cost of the million dollars one, a $3 million dollar policy might cost 2.55 times the million dollar policy, and a $10 million dollar policy might cost 8.9 times the million dollar policy.

Your Local Independent Insurance Broker

At Vargas & Vargas Insurance we always have time for you, you can reach our team at 617-298-0655, we can help make sure that your financial future is properly insured. Give us a call to get a quote on an umbrella insurance policy!

How A Hard Insurance Market Affects What You Pay For Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 25 Feb 2023 16:52:00 GMT

In the property and casualty insurance industry, prices, coverage availability, and capacity can be affected by changes between soft and hard markets. Up until now, the insurance industry has been in a soft market for nearly 15 years but is now shifting to a hard market.

In a soft market, there is fierce competition with premiums that are stable or decreasing. To sustain or get more business share, many insurance companies are liberalizing their underwriting rules and lowering what they charge. This makes it possible for insurance brokers to obtain better coverage and better insurance premiums for their clients. A wider range of coverage is accessible, with some additional riders included at little or no extra cost.

The Causes Of A Soft Insurance Market May Include

An active, prosperous economy,

A positive interest rate environment,

Low/favorable claims activity,

A plentiful supply of capital,

And substantial policyholder premium surplus.

The Causes Of A Hard Market Could Be Attributed To

In comparison, a hard insurance market is when premiums are increasing, insurers are not willing to negotiate terms and underwriting standards become stricter. Insurers also pay close attention to rates and manage coverage availability in response to certain factors that shape the insurance market cycle.

Economic downturn/insecurity,

Financial markets turbulence,

Dwindling insurance capital/lessened rivalry,

Disastrous occurrences/heightened claims activity,

And global affairs (e.g., pandemic, climate change, etc.).

For instance, large losses from global natural disasters like hurricanes, earthquakes, and wildfires can generate immense property insurance claims. Additionally, other occurrences can also lead to increased claim frequencies impacting other areas of business., such as Covid-19, sizable litigation remunerations, or a greater number of distracted driving cases.

How does Reinsurance work

You may be wondering about reinsurance. Reinsurance is a form of insurance that all insurance companies take out to protect themselves from large financial risks.

For example, if your home is insured for $500,000, your insurance company may only insure a percentage of this amount; they then purchase reinsurance to cover the rest of your coverage. This will make sure that if there ever is a major loss event, the insurer has enough resources to meet their obligations.

How Economic Conditions Affect Your Insurance

Economic conditions have the potential to influence an insurance company’s capacity to issue new policies. During a recession, businesses may buy less insurance or have lower risks. Revenue might decline, and layoffs occur, which would lead to lower premiums for the carrier. Furthermore, this situation usually results in low-interest rates, which reduce insurers’ investment profits.

When the insurance market starts to harden, it’s imperative to be working with an independent insurance broker with extensive knowledge of the marketplace and strong relationships with multiple insurance companies, and who reviews your insurance policy not just when you first purchase the policy but at renewal time to ensure you have the ideal protection for your requirements at the most competitive rate.

At Vargas & Vargas Insurance, we are always available to you. If you choose us as your provider, we will work hard to make sure you have the most suitable coverage at the most competitive rate. Please contact our office at 617-298-0655 so that we can examine your insurance needs and guarantee that you are fully protected.

Caring For Your Motorcycle During the Off-Season in Dorchester, MA | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 23 Feb 2023 18:05:00 GMT

For motorcycle owners in Dorchester, MA, the off-season can be a great time to keep your ride in top condition. With proper care and maintenance, you can ensure that your motorcycle runs smoothly when the spring arrives.

Cleaning and Waxing

Before putting your motorcycle into storage, you must give it a thorough cleaning and waxing. Use a mild detergent and soft cloth to clean your bike, then apply a wax coating to protect against the elements. This will help to protect your bike’s paint job from any dust or dirt that may accumulate while it’s in storage. It will also help prevent rust or corrosion from taking hold when exposed to moisture.

Lubrication Maintenance

Another critical step is lubricating your bike’s moving parts before storing it away for winter. This includes everything from chains and cables to brakes and bearings, so pay special attention to these areas during the lubrication process. You should also check all nuts and bolts to ensure they are tight, as loose parts can cause significant damage down the road if not taken care of now.

Insurance Coverage Review

Finally, reviewing your insurance coverage when preparing for the off-season months is always a good idea. Ensure that you have adequate coverage for any potential losses or damages that could occur while your bike is in storage. If you’re looking for a reliable motorcycle insurance policy, look no further than Vargas & Vargas Insurance. We offer competitive rates throughout Dorchester, MA, and beyond—so don’t hesitate to contact us today if we can assist you with finding the proper coverage.

To learn more about our insurance policies or get started with a free quote, don’t hesitate to contact Vargas & Vargas Insurance today! We look forward to helping you get ready for the off-season!

Life Insurance is Really Love Insurance

duda@levitateapp.com — Sun, 19 Feb 2023 17:27:00 GMT

Life insurance is one of those things that you should never go without. Should you cease to exist, your family will face an incredible financial burden on top of losing your regular income. If you truly love your family, make sure you have a good life insurance policy.

How Life Insurance Relates to Love

When you love someone, you don’t want to see anything happen to them. You’re constantly striving to be in their corner while doing what you can to make their lives easier to manage.

But what happens should something happen to you? How will your loved ones fare financially should the unexpected occur? With the world’s state today, it’s a considerable risk just walking into a grocery store.

Ensuring Sustainable Family Lifestyles

How much of your family’s lifestyle requires your income? I’m not talking about designer clothes or expensive toys every week. A lifestyle could include everything from the types of food your family eats to paying for intramural or city-league sports.

Perhaps you cover everyone’s expenses for going to the gym every month.

Covering Death Expenses

When you die, there is a slew of expenses that follow. For instance, a casket, embalmment, burial plot, headstone, funeral services, and much more tally up very quickly. Even if you plan to be cremated, there is a cost there as well.

Life insurance helps cover those expenses so the ones you love don’t have to worry.

Personal Care for Those You Love

Child care can cost an overwhelming amount of money, especially for someone who lost a second stream of income due to your death. Or, maybe you help cover expenses for dependent caregivers for your elderly family members.

Who is going to take care of those expenses if you’re in a fatal car accident?

College and Education

College tuition and basic education are extremely expensive in the United States. While some students qualify for loans and grants, a lot of them do not.

If you’re paying for your child’s education, are they able to finish school without your income?

Debts that You Co-Sign

There are a lot of reasons why you might co-sign for a loan, property, or other purchase for someone. In fact, it’s quite common to co-sign the financing for an automobile for a child.

If your life comes to an end because of a hurricane, does your insurance help those you love handle those debts?

How Much Does Life Insurance Cost

The cost of life insurance depends on many factors, such as age, health profile, and lifestyle. A 40-year-old in good health can purchase $500,000 of a 10-year term policy for around $20 per month. And the same 40-year-old can purchase 500,000 life insurance policies for around $30 per month. It is important to review your life insurance policy regularly to make sure that it still covers your family’s needs and obligations.

Love Your Family Enough to Be Covered

Sure, a lot of what I pointed out above are hypotheticals. Still, never underestimate the fragility of human life. All it takes is someone not paying attention on the road, a natural disaster, or an act of evil in a public space to end yours.

While some may think it’s unsettling to plan for their demise, it’s better than trying to wing-it should something happen to you. You want the ones you love to be financially protected through your life insurance policy. Otherwise, they could be on the hook for an incredible amount of debt.

At Vargas & Vargas Insurance, we can help you find the best life insurance policies for your specific needs and wants. Contact us today and find out how we can help you protect the ones you love in the event something happens to you.

The last thing you want is for your death to result in ruining your family’s ability to remain sustainable.

Should I Bundle My Insurance Policies?

duda@levitateapp.com — Mon, 13 Feb 2023 11:00:00 GMT

One way to save money in premiums is by bundling insurance policies together. This is when you use the same provider for all of your insurance needs. It’s kind of like getting a “buy in bulk” discount.

Most providers will offer discounts for bundling policies because it helps them make more money. Essentially, you’re giving insurance providers more business, and to show appreciation, many will have significant discounts.

However, there are times when bundling might not be the best option. This, of course, depends on your provider. In rare instances, bundling could actually cost you more in the long run.

This can depend on a lot of factors, and as I said, it’s not very common.

Why Consider Bundling Your Insurance?

Perhaps the most obvious benefit of bundling insurance is the cost savings. When combing things like home and auto insurance through a single provider, you could save instead of paying higher premiums to two different insurers.

Another element of bundling is the convenience factor. Instead of having two online portals or two completely different agents, everything is often handled from a single point of contact.

It’s simply much easier to manage overall. Especially if one insurer already has all of your needs covered and knows the ins and outs of your situation.

How Much Can Bundling Insurance Save You?

Every insurer is different. How much you save depends on your provider and how they calculate your rates. However, many of the most popular providers will offer anything from 6-23% by bundling insurance policies.

On average, you could possibly save around 14% of your premiums every year. Again, though, this depends greatly on the insurance company.

In any case, it’s worth finding out how much your insurer will discount by bundling. After all, there’s nothing wrong with asking, right?

Can You Bundle Policies Later?

Most insurers will allow you to bundle policies as time marches on. This means that if you buy homeowner’s insurance and then two years later decide to add automobile coverage , you still have access to discounts.

Remember what I said earlier; it’s all about giving the insurer more business.

There might be some who don’t offer the best discounts if any at all. In that case, I suggest calling around to see if you can find a better alternative.

What Happens if You Cancel One of the Policies?

Canceling one of your policies may wind up costing you more money. Obviously, without a “bundle” of different services, you’ll revert back to the normal annual premium.

Then again, this also depends on how many accounts you’ve bundled together. Some companies will bundle home, auto, and life insurance . If you cancel, say, the auto insurance, you might still get the discount since you have home and life insurance policies remaining.

You should contact your provider to find out more information about what you can bundle together.

Why It’s Important To Work With A Local Independent Insurance Broker

While it may be tempting to go with the big national insurance companies, working with a local independent insurance broker can save you money on your insurance. Here’s why:

1. As a local independent broker, we have access to a variety of insurance companies, so we can shop around and get you the best possible insurance rates.

2. Local independent broker, we know the ins and outs of the insurance market in our area, so we can help you find discounts and savings that you might not be aware of.

3. Bundling your insurance policies with a local independent brokercan often save you money. That’s because many insurers offer discounts for bundling multiple policies with the same insurance agency.

4. Working with a local independent broker gives you someone to talk to face-to-face about your coverage needs and concerns. You’re not just a number to us, so we’ll take the time to really understand your situation and find the best coverage for you.

Bundling Insurance Policies Can Save You Money

How much can you save by bundling policies? At Vargas & Vargas Insurance, we’ll help you answer that question by using our network of providers to find the best deals for you. Contact us today to see how much we can help you save by bundling your policies together.

It’s convenient, and it could result in saving quite a bit on your premiums.

How Your Credit Score Will Influence Home Insurance Rates

duda@levitateapp.com — Mon, 06 Feb 2023 11:31:00 GMT

There are many things that will affect how much you pay for home insurance. Of these, a credit score can make a big difference in how much you pay.

Much like using your credit to secure a loan or an account with most banks, your score will help insurers determine risks.

For this, they’ll use a “credit-based insurance” score, or CBI.

The Key Difference Between Credit-Based and FICO Score

Although both the CBI and FICO use the same data, the processing is a bit different. Insurers are using most of the data associated with your credit, but not all of it.

Unlike trying to apply for a line of credit, the CBI is essentially used from the perspective of property risks and management.

What Affects your Credit-Based Insurance Score?

Essentially, a lot of the same factors are at play when using a credit-based insurance score as everything else. As I said before, the biggest difference is what data is used when determining your rates.

So, what kind of things will affect your CBI?

Length of Credit History Affects Your Score

The longer you have a history of credit, the better. Unfortunately, this can hinder some of the younger people looking to buy a home and secure insurance.

This is why it’s important to start working on your credit as soon as you’re able.

Credit and Bank Accounts in Good Standing

The number of bank and credit accounts you have in good standing are great benefits toward your CBI and FICO scores. This tells insurers that you’re responsible and can manage your finances well.

In fact, a lot of people will hang on to bank accounts they don’t necessarily use often simply because of how long they’ve had it.

Zero Late Payments and Your Credit Score

Having no late payments on your account is another vastly important factor.

Now, this doesn’t mean that a few late payments here and there will result in an overwhelming poor score. But keep in mind, they will affect your insurance rates.

Overall Credit Usage

How many credit accounts do you have maxed out? The percentage of how much credit you have available for each account will weigh in on your CBI.

Try to pay down your credit as much as possible when applying for new accounts or when looking for new insurance.

Debtor Collection Issuance

Have you had debt collectors call you up in the last seven years? Having a debt collector against your credit score will impact virtually any type of account.

But keep in mind that every agent is different when figuring out your CBI. Having a debtor against your credit may not weigh too heavily, depending on the account.

Recent Multiple “Hard” Hits Affect Credit Score

Having several hard hits on your recent credit history will decrease your score. Mostly, this is because it throws up a red flag to issuers that you run the risk of over-extending your monthly finances.

In other words, don’t apply to every credit card company that comes your way right off the bat. Too many recent inquiries will sink your score quite quickly.

How is Your Credit Score for Insurance Rates?

A poor credit score can make it more difficult to buy properties, but it can also increase your home insurance premiums. At Vargas & Vargas Insurance, we’ll use our network to find the best policies for you. Contact us today to find out how we can help you, even if you have terrible credit.

You may wind up saving more than you thought.

How Much Will Your Location Impact Home Insurance Rates? |

duda@levitateapp.com — Mon, 30 Jan 2023 10:55:00 GMT

Home insurance is not equal across the board. In fact, there are many, many factors that come into play when figuring your premiums. This includes how rates are affected by the location of the property.

This boils down to how much of a risk factor is associated with your home because of its physical location. And this goes beyond the base an insurer may use for calculations.

What Location Factors Affect Rates?

There are many aspects to consider when pricing out a home insurance policy. Today, we’re just looking at the most common locality issues that will adjust your rates.

While every insurance company is different, these are some of the most used elements for consideration.

State and City Make a Difference

Perhaps one of the biggest location factors for a lot of industries is that of state and city. Your zip code could say an awful lot about everything from insurance rates to groceries.

For instance, what you pay in Boston, Massachusetts, would be significantly different than in Williamstown, Massachusetts, for an identical home. That’s before other factors are even calculated.

Rates can also be adjusted for the location of the neighborhood itself. If your home is in a particularly dangerous area, rates could easily go up. This is because occurrences like vandalism, theft and other crime-related events are more likely to result in claims.

Proximity to Houses and Buildings

How close your home is to any other structure may result in higher insurance rates. This is because there is a greater risk to the property.

For instance, let’s say your home is very close to another. If that other house catches fire, your home is at a much higher risk of joining the blaze. And it’s not just other homes, as your rates may increase if any building is extremely close to your house.

Proximity to Fire Protection Services

In many instances, simply the location of a fire department may affect rates. This includes elements such as whether there is a nearby fire hydrant.

The bottom line is that the longer it takes departments to put out a fire, the more damage that is done. This results in a higher rate of claim, which then translates to higher premiums.

Weather Risks of Locations

Weather will also play a factor in home insurance rates, especially as you’ll have to add extra coverage for specific types of weather events.

For instance, those who live in a tornado-prone area are more likely to face tornadoes, while those closer to the west coast have more concerns about earthquakes. People who live in hail-prone areas that cause damage to vehicles, homes, and other property.

If the location of your home experiences specific weather patterns, you’ll be on the hook for more expensive policies.

As Location Will Affect Your Rates, Keep Discounts in Mind

Where your home is located will directly impact your home insurance premiums. However, there are also many ways you can secure discounts to save you on your annual insurance premium.

At Vargas & Vargas Insurance, we can help you find those discounts while accessing a network of providers to save you the most money possible. Contact us today to find out how we can assist with your insurance needs.

How Homeowner’s Insurance Policies Can Be Incredibly Different |

duda@levitateapp.com — Fri, 20 Jan 2023 19:16:00 GMT

Homeowner’s insurance helps to alleviate financial issues in the event of an emergency. However, not all insurance policies are the same across the board. There are a lot of things that are considered when setting up the policy. In fact, it’s quite possible that your premiums will be different from someone who lives across the street.

Even if your neighbors are using the same insurance provider.

Age of the Residence

One of the primary elements that will adjust your premiums is the age and condition of the home. If you have an older structure, there is a good chance you’ll pay more in premiums.

This is partly because of the increased risk involved in outdated materials and repairs. Things like plumbing, wiring, the condition of the foundation, and more can affect how much you’ll pay for your policy.

Perhaps one of the most important aspects is that of the roof. Leaks will easily cause an incredible amount of damage, especially if you don’t catch them in time.

Home Repairs and Costs

Repairs and rebuilds make up a significant portion of many insurance policies. And things like inflation will affect the costs of these repairs.

For instance, if the price of wood goes up, so will your homeowner’s insurance. This is because it becomes more expensive to pay for repairs or rebuilds if the home requires wood, which most will.

Generally speaking, higher-priced homes often have a higher premium due to the cost of repairs. For instance, it’s more expensive to replace French doors to a patio than a regular backdoor.

Preventative Measures and Upgrades

Did you know that installing some preventative measures may actually reduce your insurance policies?

Case in point, some insurers will provide as much as a 10% discount if you have a central station burglar and/or fire alarm installed. This is because these things help reduce the risk of theft and damages, which then saves the insurer money in future claims.

The discounts will vary from one insurer to another. But generally, most offer discounts in some form if you install preventative devices or by updating parts of the home.

For example, if you update your roof or install new electrical and heating systems, your home could go from a “standard” rating to one that is “preferred.” This can save additional money on your premiums.

Working from Home

Since 2020, the prospect of working from home exploded throughout the world. Unfortunately, homeowner’s insurance policies don’t ordinarily cover business expenses or losses.

This means that if you run your business or otherwise work from home, you’ll need additional coverage for anything you use. This could include products, computer equipment, and anything else you’ll need to perform your job.

The additional equipment will easily increase your premiums.

Bundling Insurance Policies

A lot of people will bundle their policies together to reduce the overall cost every month. This is when you have your homeowner’s, automobile, and even life insurance policies from a single provider.

It’s quite a common practice, really. Some providers will offer discounts if you use them for all of your insurance needs. And in many cases, you’d be hard-pressed to find a cheaper alternative by using a separate insurer for everything.

Insurance Policies are Different for Everyone

When it comes to homeowners insurance policies, there isn’t a one-size-fits-all answer. Every home and situation will differ greatly, especially if you decide to include additional coverage for certain valuables, especially if you plan to work from home.

At Vargas & Vargas Insurance, we’ll do our best to find you insurance policies that fit your needs. Contact us today to find out how we can help keep your home, and your property, protected in the event of a catastrophe.

Not all insurance policies are the same, and we can help you secure one that is ideal for your situation.

7 Ways to Protect Your Vehicle During the Winter

duda@levitateapp.com — Fri, 13 Jan 2023 20:45:00 GMT

Auto insurance can play a critical role during the winter months. From frozen and slippery roads to white-outs during a snowstorm, you want to have coverage in the event something happens.

However, insurance can only go so far. Your policy isn’t going to cover wear and tear or issues that happen from poor maintenance. While there are several ways you can winterize your car before it snows , what about during the middle of winter?

Let’s take a look at seven ways to help protect your car in the winter aside from proper insurance coverage.

1. Maintain the Battery During Winter Months

The colder months put quite a strain on vehicle batteries. First of all, low temperatures lead to less of an electrochemical reaction within the unit. This means the battery will perform worse during the winter.

It’s vital that you test your battery regularly and replace it before you find yourself stranded somewhere.

2. Keep Timely with Oil and Fluid Changes

Low temperatures cause liquids of all kinds to move slower. This means that any fluids that are dirty, contaminated, or at low levels will hurt the performance of your vehicle more so when it’s freezing outside.

Driving around in the winter while you’re several thousand miles past an oil change increases the strain on the motor.

3. Watch the Radiator and Hoses

Antifreeze is a crucial element for many cars on the road today. And if you’re levels are low or contain more water than actual antifreeze, your radiator and hoses can freeze up.

Frozen lines can lead to splitting, which then results in the engine overheating.

4. Make Sure Belts Are Not Worn

The last thing you want to experience is a belt snapping while driving on the freeway during a snowstorm. Never underestimate how much wear and tear your belts go through on any given day.

Be aware of any kind of fraying or worn-out sections of the belts that keep the motor turning. Just make sure your car isn’t running before you check them.

5. Keep an Eye on the Tire Tread in Winter

Snow, slush, and mud are common road hazards during winter months. You want to make sure your tire tread is apt to take on what nature throws your way.

This is one of the biggest reasons why many people have a separate set of snow tires available for the winter months.

6. Check Your Bulbs and Replace if Needed

Bulbs for your car are usually not that expensive. And depending on the make and model of your vehicle, they are very easy to replace. Make sure your headlights and brake lights are visible to everyone during a storm.

Also, pay close attention to any condensation within the bulb housing. If the bulbs are getting wet, you’ll need to find the leak and seal it before your new bulbs blow out.

7. Use a Car Cover

Car covers, while a bit inconvenient to put on and off in the winter, can save you a lot of trouble. They protect the car from a plethora of weather types. Not to mention some may even alleviate frost buildup on the windshield.

You can find a lot of car covers for less than $100, and they’ll probably save you more than that throughout the year in maintenance expenses. Especially if you spend a lot of money keeping the vehicle clean.

Car covers are a great option if you don’t have a garage.

Winter Months Can Wreak Havoc on Autos

Depending on where you live, the winter months are some of the most strenuous for an automobile. And if you break down on the side of a snowy freeway, it’ll be incredibly strenuous for you.

In the event something does happen, though, you want to make sure you’re properly covered. At Vargas & Vargas Insurance, we’ll help you find the best policies for your auto regardless of the weather. Contact us today to see how we can help you save money while keeping your auto covered during the coldest months of the year.

What does flood insurance consider to be a flood? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 09 Jan 2023 16:28:00 GMT

Living in, Massachusetts means that you may need to consider flood insurance. But before you decide to invest in a policy, it’s important to understand what constitutes a flood and how flood insurance can protect your home and possessions. In this post, Vargas & Vargas Insurance looks at some of the key facts about floods and flood insurance.

What is Considered a Flood?

According to FEMA, flooding is a temporary condition where two or more acres of dry land become wholly or partially submerged in water.

In other words, if water accumulates in an area that would normally be dry, such as your lawn and driveway, it is considered flooding. It doesn’t have to be an overflowing river; even heavy rain that causes puddles on your property can count as flooding.

What Does Flood Insurance Cover?

Flood insurance covers damage to your home caused by the rising waters associated with flooding. This includes physical damage to the structure itself (walls, floors, roofing), any items contained within the structure (furniture, electronics), and any appliances that are connected to the house (such as HVAC systems). It also covers items outside the structure, like decks and fences. Additionally, it will cover cleanup costs associated with restoring your property after it has been flooded.

Now that you know what constitutes a flood—and what is covered by flood insurance—you can make an informed decision about whether purchasing flood insurance makes sense for you and your family. To find out more information about getting coverage in Dorchester, MA, contact Vargas & Vargas Insurance today! We’ll help you get the right policy for your needs so you can rest easy knowing that your home is protected against floods!

New Mortgage Guidelines Could Save Money On Your Flood Insurance?

duda@levitateapp.com — Tue, 27 Dec 2022 11:00:00 GMT

If you are purchasing (or have purchased) a home in a flood zone, you need to purchase a flood insurance policy. And if your mortgage was an FHA, VA, or USDA loan, and your property is in a flood zone, in the past, you could not purchase your flood insurance from a private flood insurance company. . However, recent changes made to HUD may save you a great deal and may help you qualify for a larger mortgage.

Flood Insurance and FHA-VA and USDA Mortgages

Most standard home insurance policies will provide coverage that will help you with flooding caused by something like a burst pipe, a furnace, or hot water heater that bursts, and the water causes damage to your home. However, this does not include the damages caused by Mother Nature herself.

For example, damages caused by heavy rains, rising rivers, the melting of snow or hurricanes, or other types of flooding caused by a natural disaster aren’t often covered. At least in a standard policy.

Recent conditions from HUD INCREASES FLOOD INSURANCE OPTIONS FOR HOMEOWNERS WITH FHA MORTGAGES LIVING IN SPECIAL FLOOD AREAS.

The upside is that HUD is expanding flood insurance choices for individuals and families with FHA-insured loans. In the past, the National Flood Insurance Program was the only option for FHA-insured mortgages. As of December 21, 2022, however, private insurers are now available as an option.

This is to help keep people protected from high costs while addressing damages caused by climate change.

New Homes and Special Flood Hazard Areas Insurance

According to HUD 4000.1 , if any portion of a home is in an SFHA (Special Flood Hazard Area), the home is not eligible for FHA mortgage insurance. This includes proposed or new constructs.

However, there are a few exceptions, such as the lender acquiring a FEMA Letter of Map Amendment or a Letter of Map Revision showing the property is removed from said area.

Another exception is if the lender acquires a FEMA National Flood Insurance Program Elevation Certificate. This is FEMA Form 81-31 and must be prepared by a licensed surveyor or engineer.

What About Existing Structures?

New homes are not the only properties to adhere to flood insurance requirements. Though, the terms for existing properties within an SFHA are often shorter than when building a completely new home.

A property does not qualify for the FHA-insured mortgage if:

it is in a Special Flood Zone Area
it is located in a coastal area and the National Flood Insurance Program is unavailable.
the home is located in SFHA Zone A.
it is located in Zone V.

You must maintain flood insurance coverage for the amount remaining on the mortgage or the replacement cost of the home. Whichever is lower is often the amount of the coverage.

Don’t Let Flood Insurance Soak Your Wallet

Flood insurance can be very costly, especially if you’re buying a home in a high-risk zone with an FHA loan. Luckily, private flood insurance may help you get a policy that is less expensive or provide enhanced coverage and allow you to qualify for a larger mortgage.

Thanks to the changes at HUD, you have more options available when choosing a provider.

At Vargas & Vargas Insurance, we may be able to help you save money while being in a Special Flood Hazard Area. Contact us today to see how we can help. We have access to private flood insurance markets that could save you a bundle.

7 Reasons to Buy Your Next Home in the winter

duda@levitateapp.com — Fri, 23 Dec 2022 18:05:00 GMT

A lot of people might think spring or summer months are an ideal time for home shopping after all, the weather is usually nice, and you’re more likely to be out and about anyway. For many reasons, buying a home in the winter is far better.

In reality, it could save you a couple of thousand dollars on average compared to other months.

1. Homes are Often Cheaper in the winter

According to data collected by Realtor.com , not everyone’s willing to look at homes in single-digit temperatures. The months of May, June, July, and August make up 40% of existing-home sales , while January and February account for less than 6%.

2. Sellers are Often More Motivated

In many cases, people who are listing homes in the winter are often under time constraints. This could be due to moving before the end of the year for whatever reason.

The end result is a highly motivated seller who wants to close and move on as quickly as possible.

3. Getting an Idea of Future Winters

One of the best reasons to check out a house in the winter is to get a feel for how it’ll hold up for future winters. If there are any problems, you might even be able to get the price reduced so you could repair the property after the sale.

Pay close attention to any drafts, cold spots, leaks, or other issues that are attributed to the colder months.

4. Possible Faster Closings in the winter

Usually, housing markets pick up during the warmer months. This often means that mortgage brokers could get behind in their workload. This results in waiting longer to close on the home.

During the winter, however, the market isn’t nearly as busy. So, mortgage brokers may be able to process your account quicker.

5. Less Competition for Bids

There is a reason why spring and summer months are better for the housing market. Fewer people are willing to move during the coldest months of the year. This means you’ll have less competition when putting in a bid.

The flip side to that, unfortunately, is that not everyone wants to put their home on the market during the winter. This means there are also fewer homes available to choose from.

Still, less competition could save you a bundle when bidding.

6. Possible Tax Benefits

In most areas, you can reap the tax benefits of the entire year of owning a home if you close before December 31st. This could drastically affect your tax returns come April.

Of course, you want to check with your accountant or with the IRS before you can assume to claim the property.

7. A Present to Yourself

Lastly, buying a home in December could be seen as a present to yourself during the holiday season. Moving into a new house is an exhilarating experience that can greatly enhance a positive mental state.

Not to mention throwing housewarming parties for New Year’s eve.

The Winter is Great for Home Buying

In many ways, the winter months are ideal for purchasing a home. Let Vargas & Vargas Insurance help by finding you the best deals to cover your property when it comes time to secure a policy. Contact us today to find out how we can help get you into the new home of your dreams.

Why Do Insurance Rates Increase Over Time?

duda@levitateapp.com — Sat, 10 Dec 2022 17:35:00 GMT

As with anything else, insurance rates increase as time marches on. In fact, rates are often affected just as much by inflation as anything else you might buy.

Unfortunately, this means that the cost of premiums and policies will continue to rise. How much these rates increase depends on circumstances ranging from neighborhood growth to the world stage.

Replacement Cost Affects Insurance Rates

The first thing that you should consider is how replacement costs work. This is much different than the purchase price of your home or auto.

The replacement cost includes materials needed to “replace” the property, the cost of labor, and other elements to make it whole. If the cost of wood goes up, so will the replacement cost.

If your policy was frozen at the replacement costs from 20 years ago, it would be short. The end result is the costs coming out of your pocket.

As you can see, this kind of increase is good as it reduces how much you’ll have to pay in the event of an emergency, I recorded talking about replacement cost versus purchase or market value on your home, click here to watch the video.

Home and Auto Rates are Similar

Houses are not the only types of property that may have an increase. Insurance rates for automobiles go up as well.

In order for an auto to become “whole,” you’ll need the cost of materials and labor. Nowadays, this can also include a variety of technological advancements, such as rear cameras, sensors, and the wiring to make it all work.

In some cases, insurers will also consider things like the cost of medical bills when making adjustments. So, if the cost of medical care goes up, so do insurance rates.

Like ripples in a pond, anything affecting specific industries will take a toll on many. For example, the cost of computer chips will impact the cost of replacing the cameras I mentioned earlier.

What Can You Do to Lower Insurance Rates?

Depending on the type of property, there are quite a few methods at your disposal to reduce rates. The first thing you should do is ensure your policy is correct. If you’re paying for something you don’t need or have scheduled, it’s a waste of money.

A few other ways to decrease insurance rates include:

Preventative measures. Fire alarms, anti-theft devices, safety features, and other preventative add-ons often work to reduce home and auto insurance premiums.
Keeping claims to a minimum. The more often you have to file a claim, whether it’s for the home or auto, the more you’ll pay. This is because insurance providers will see you as a high-risk factor.
Shopping around. You can always look around for a lower-cost insurer. However, keep in mind that low cost doesn’t mean superior service.

Insurance Rates Are Part of the Cost of Living

Sure, insurance companies need to make money. Otherwise, they would be out of business. However, not all increases in insurance are the result of greedy CEOs or banks.

Sometimes, increases are simply the result of an increase in the cost of wood or other materials.

At Vargas & Vargas Insurance, we can help you find affordable rates and plans throughout our network. Contact us today to see how we can help you save money on home and auto coverage.

After all, we may help you keep more money in your pocket to cover the other cost-of-living expenses.

If You Are a Renter, Protect Your Possessions with Renters Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 10 Dec 2022 17:11:00 GMT

Do you rent in Dorchester, MA? Are your personal possessions protected with renters insurance? If not, Vargas & Vargas Insurance can provide it.

If you currently rent a home or apartment, you will need insurance coverage to protect your personal possessions. Your landlord’s property insurance only covers his building, not your belongings.

Your personal property will only be covered with renter’s insurance, which you will have to provide. Most homeowners have an insurance policy, but only 41% of renters have renter’s insurance. Why? Many people incorrectly make the assumption that their landlord’s insurance protects them.

Also, they underestimate the value of the things they own. Just consider your electronics. It wouldn’t be a stretch to say that the value could get into the thousands. Then add to it your clothing, furniture, kitchen supplies, etc. You have more than you realize, and replacing them would cost a lot.

If you own a dog and it decides to bite a visitor or neighbor, you could be faced with a lawsuit. A renters’ policy provides the liability coverage needed in this case.

Renters’ insurance is affordable. The average policy costs between $15 and $30 per month. It will vary based on the coverage you choose, the deductible amount, and where you live.

As with every insurance policy, there are some exclusions.

Damage caused by aircraft or vehicles
Earthquakes
Explosion
Falling objects
Fire or lightning
Floods
Riot or civil unrest
Smoke
Theft
Vandalism
Volcanic eruptions
Weight of sleet, snow, or ice
Windstorm or hail

Protect what you worked hard to obtain. Renter’s insurance is a very affordable protection that every renter should have. Vargas & Vargas Insurance can provide a no-obligation quote or answer any questions you may have. Contact our team today. You will be glad you did.

Home Insurance FAQ: Purchase Price vs Replacement Cost pt 2

duda@levitateapp.com — Mon, 14 Nov 2022 10:48:00 GMT

In a previous article, we covered a couple of the most common home insurance questions when it comes to the purchase price and replacement cost. Today, we’re going to dive a bit deeper to answer a few more questions when it comes to these two elements.

It is our goal to help you further understand your home insurance policies, which could save you a lot of miscommunications down the road.

Is the Purchase Price and Replacement Cost the Same Thing?

The purchase price of your home depends on several factors. These often include values such as location, age, amenities, and other things that increase its “curb appeal.” However, replacement cost is based on how much it will cost to replace something after damages occur.

Replacement costs can vary depending on current market values. For instance, if the cost of lumber increases, as it did at the beginning of 2022, it would directly impact how much it would cost to rebuild a part of the home.

Can a Replacement Cost Be Higher Than the Purchase Price?

The current market influences the value of any home. If the market is particularly low, it is possible for replacement costs to surpass a home’s value.

This is especially true if the replacement materials are at an all-time premium.

In fact, there are a lot of things that can decrease the value of a home. This could include the safety of the neighborhood, previously sustained damages or even unkempt or dangerous landscaping.

What is the 80/20 Rule for Insuring a Home?

The 80/20 rule often refers to insuring your home for a minimum of 80% of the replacement costs. This doesn’t necessarily mean 20% will come out of your pocket during a claim, though.

In practice, a lot of insurance providers will pay out a claim in full if you maintain the 80% coverage.

Remember, the purchase price has no influence on replacement cost. This means you wouldn’t insure the home for 80% of what you’re paying for it.

When the insurance you carry is lower than 80% of the replacement cost of your home, you are penalized when you have a partial loss, call us, and we can explain further based on your particular circumstances.

Do Insurance Companies Pay the Replacement Value of Items in the Home?

In certain policies, items within the home have coverage in the event of theft, damage, or if destroyed. This is known as the Replacement Cost Value , or RCV. And in some cases, this only applies to objects scheduled in the policy itself.

In this instance, insurers pay the current market value of replacing the item.

For example, technology usually depreciates rapidly. The replacement cost of something like a television or computer is often much lower than the original price.

Know Your Home Insurance Terms

Purchase price and replacement cost are only a couple of home insurance terms you need to know. And the more you understand what’s in your policy, the better prepared you are in the event of an emergency.

At Vargas & Vargas Insurance, we can help you gain some clarity when it comes to your policy. Contact us today and find out how we can further help you with home insurance.

Don’t let a misunderstanding hinder your ability to process a claim.

Home Loan Advisor or Lender First: Which Is Better?

duda@levitateapp.com — Mon, 07 Nov 2022 10:15:00 GMT

Buying a property is an exciting process. Especially when you’re looking for that one perfect place to call home for the foreseeable future. But have you spoken with a home loan advisor? Or, did you immediately contact a lender to figure out what you could afford?

A lot of people will go with the latter as it provides a cap on what to expect. However, doing so might actually limit yourself beyond what is necessary.

What is a Home Loan Advisor?

A home loan advisor’s job is to help you figure out lending solutions based on your financial situation. Typically, the loan advisor works with credit unions and banks while having expertise in the products and services that are offered.

Essentially, they’ll walk you through the entire process from the initial application to the moment you close on a home. This gives you a bit of flexibility while potentially expanding the list of properties available to you.

How Small Credit Changes Can Affect Everything

For most people, it can take weeks if not months to find that perfect home. And if your lender ran a credit check at the beginning, you’re essentially locked at a specific loan amount.

During that time, you could be working on your credit score. Perhaps you made an extra payment towards something that will raise your score to a higher tier.

Unfortunately, this increase won’t be applicable as the lender already approved a specific amount for the loan. Or, it could take a couple of months before the credit score increases from those adjustments.

Speaking with a home loan advisor first can help you figure out the best course of action to take when it comes to your credit score. This includes any positive elements that may be pending.

It could directly affect your interest rates.

Available Down Payment

For the most part, people assume they need at least 20% of the home’s price as a down payment. So, for a house listed at $270,000, you’d need $54,000 upfront. That is if the property doesn’t qualify for things like VA or USDA loans, which often allow for purchases without down payments.

In reality, though, that down payment could be much lower depending on your financial status and the type of loan. A home loan advisor can examine your situation and find alternatives when it comes to how much you need as a down payment.

This means you might have a bit more flexibility when it comes to the amount of money you’ll need if you’re offer is accepted on a property.

Speak with a Home Loan Advisor Today

While you could still buy your house without assistance from a home loan advisor, you may have paid more than what was necessary upfront. Not to mention undercutting what you may have qualified for, in the first place.

At Vargas & Vargas Insurance, we work with the best of the best of qualified professionals to cover various home-buying needs. Contact us today so we can get you in touch with a home loan advisor that will have your best interest at heart.

It could save you an incredible amount of stress while buying your home.

What to Expect From Condo Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 02 Nov 2022 18:01:00 GMT

What is condo insurance? Buyers may be wondering about this while searching for the right insurance plan. Similar to homeowner’s insurance, condo insurance covers scenarios of unexpected damage or losses from a condominium unit. This could include repair costs after a perilous event, repayment for lost or stolen items, or renovation costs for remodeling broken parts of the condo.

At Vargas & Vargas Insurance, we proudly offer insurance to the condominium owners of Massachusetts.

Buying Condo Insurance: What to Expect

Getting condo insurance is generally a good idea if you’re at risk of property damage or loss of personal belongings. Some mortgage lenders or property owners will require you to purchase condo insurance to own the condo. Either way, this type of insurance will give you peace of mind in the extreme case of a fire, a storm, or a break-in.

At Vargas & Vargas, you can expect condo insurance to cover specific policies, such as damage to the plumbing, the HVAC system, the water pump, or broken windows or doors. While often covering storm damage situations, our insurance package also covers theft, vandalism, or impact from vehicles or aircraft.

Getting in Touch in Massachusetts

Before purchasing insurance coverage, you should check with your condo’s association policies to see what the insurance requirements are and what’s already covered by the property owners. Once you know the value of your condo, one of our agents will craft an insurance plan that covers all of your needs. While speaking to a representative, you can expect to be asked specific questions about your living situation – like belongings you own. In Massachusetts, it’s common for insurers to cover computers, entertainment systems, and expensive artwork kept inside the condo. Once you’ve purchased your coverage plan, our agent will explain how you can file an insurance claim when need be.

Are you interested in hearing quotes? Contact Vargas & Vargas Insurance at 617-298-0655. Our team would be glad to answer any of your questions.

Home Insurance Terms You Need to Know Going Forward

duda@levitateapp.com — Mon, 31 Oct 2022 11:44:00 GMT

Understanding the terms of your home insurance policy can alleviate a lot of confusion and problems down the road. It’s not simply a form full of non-sensical legal jargon; it’s the plan to keep your home and family safe from financial ruin.

Today, let’s take a look at those terms and clear some of the confusion.

General Home Insurance Terms

While a lot of insurance plans are unique to certain vendors, there are terms that are usually universal. So, no matter who is holding your policy, this list will still be of great benefit.

Declarations Page

The Declarations page is essentially a quick overview of the policy details. It delivers fundamental information such as:

Your basic info
Name and address of the insurance company
Coverage dates
Basic outline of coverages
Deductibles
Premium
and other basic interests

Essentially, this page is the “proof of insurance” when a mortgage company asks.

Insured/Insurer

The Insured party is the individual for which the coverage is being provided. This is typically the home or property owner.

An insurer is the insurance company providing that coverage.

Additional Insured

The Additional Insured party is anyone other that the homeowner who has a vested interest in the property. This is often the mortgage company if applicable.

Also, this party can be a payee for larger claim payouts in the event of something major. For example, if a hurricane disintegrates half of your home, the mortgage company may receive the funds.

Policy Period

The Policy Period is the calendar date when the insurance is active. This is often processed annually, but some policies may be month-to-month.

Premium

Now, the Premium is how much your insurance costs every 12 months. This is not to be confused with a monthly payment, which is a considerably different amount.

However, the premium can be broken up into monthly, quarterly, and semi-annually payments to make it more immediately affordable.

Usually, homeowners will pay the amounts directly to the insurer through a mortgage escrow account.

Deductible

One of the more important home insurance terms to know is the Deductible . This is the amount a claim has to reach before the insurer bears any financial responsibility.

For instance, if you have a deductible of $500, but the damage repair or placement cost is only $450, the insurer doesn’t have to pay and it will come out of your pocket.

Of course, this is just an example. Every insurance company has its own levels for deductibles, and the higher the deductible, the less your annual premium you pay.

All-Risk/Named-Peril

An All-Risk policy will cover all potential losses other than specific exclusions of the policy. These are not very common as they are more expensive. However, they tend to be far more inclusive.

The Named-Peril policy covers causes of loss specific to the policy and nothing else. For instance, an insurance policy for the midwest may include tornado damage as it is a common risk for the property. However, it may not include earthquake coverage should one happen.

Replacement Cost Value / Actual Cash Value

Replacement cost and actual cash values are very different, especially when considering coverage and when filing insurance claims.

The Actual Cash Value , or ACV, is the cost to fix your home minus its decrease in market value due to age, location, and other environmental factors.

The Replacement Cost Value , or RCV, is the cost to replace or repair elements of the home or property according to today’s prices.

Other Valuables Not Included

Did you know that not all of your valuables may be covered by your home insurance policies? Things like jewelry, guns, cash, and antiques are not often covered unless you schedule them specifically on your policy.

Don’t leave anything to chance. Take a look at your policy and talk with an agent today to identify things of value in your home that are not currently covered.

Knowing Home Insurance Terms is Vital

Knowing how to read your home insurance policy is an essential facet of life, and understanding the terms is an excellent first step. It can help reduce a lot of confusion in the event of an emergency.

Not to mention making sure certain things in the home are covered.

At Vargas & Vargas Insurance, we’ll help you understand the details and terms of your home insurance policy. Contact us today and let us provide assistance that will give you peace of mind.

What is Inherent Diminished Value and How it Affects an Auto Accident? |

duda@levitateapp.com — Mon, 24 Oct 2022 10:02:00 GMT

It’s quite common for some pieces of personal property to diminish in value almost immediately. For example, a computer could lose a great deal of its replacement value within days because of the ever-changing nature of technology and its use. But how does Inherent Diminished Value work for a car?

This depends on the state in which you live. But in Massachusetts, IDV is an established precedent.

What is Inherent Diminished Value?

Inherent Diminished Value, or IDV, is when a vehicle loses value due to damages caused by a no-fault accident. This is when there is a collision through no fault of your own.

As some damage is prevalent even after repairs, courts have ruled that IDV claims can help the owner be “made whole.”

These are usually filed as third-party claims. That’s because you’ll contact the at-fault party’s insurance company.

An example of this is when an accident occurs through no fault of your own that causes structural damage to the vehicle’s framework. Although repairs can be made to allow the vehicle continued use on the road, the frame itself could be altered in a way that disrupts usage as intended.

If the vehicle has less than 20,000 miles on the odometer after suffering severe structural damage, this could result in an IDV claim of roughly 10% of the vehicle’s value.

Is There a Difference in Depreciation vs Inherent Diminished Value?

Depreciation is when the value of the vehicle decreases over time due to normal wear and tear. In fact, most pieces of property will depreciate over time except for housing.

A well-maintained home will actually appreciate over the years, which is why homeownership is a great investment.

So, a vehicle with 200,000 miles will depreciate quite a bit because it has been extensively used. Even after installing a new motor, the vehicle will never be at its original MSRP.

Inherent Diminished Value, on the other hand, happens immediately upon an accident. This is why the IDV claim is much more for a new vehicle vs an older one. It hasn’t had nearly as much wear and tear.

How to Calculate Inherent Diminished Value

Let’s take a look at the calculations to establish IDV. For this example, let’s say I have a 1990 Dodge Daytona ES with 82,399 miles.

1. Establish the Car’s Value

The first thing we’ll do is estimate the vehicle’s value. This gives us a base amount. A commonly used website for finding vehicle value is the National Automobile Dealers Association , or NADA.

In my example, the value of a 1990 Dodge Daytona ES is $11,000.

2. Calculate the Value’s Base Loss

In many instances, the insurance company will calculate the base loss at a maximum of 10%. This means my Daytona’s base loss is $1,100 (11,000 x .10)

3. Use the Multiplier for Damages

Use the multiplier from the numbers below:

1.00 = Severe structural damage
0.75 = Major damage to structure and panels
0.50 = Moderate damage to structure and panels
0.25 = Minor damage to structure and panels
0.00 = No structural damage or replaced panels

Let’s say my car was in an accident that severely altered the frame of the vehicle. I would use the “1.00” multiplier. So, my IDV is still at $1,100 (1100 x 1.00).

4. Use the Multiplier for Mileage

Remember when I told you about the “depreciation” of an automobile? It’ll actually play a role in the Inherent Diminished Value of your car.

Use the mileage multipliers below:

1.00 = 0 < 20,000 miles
0.80 = 20,000 – 39,999 miles
0.60 = 40,000 – 59,999 miles
0.40 = 60,000 – 79,999 miles
0.20 = 80,000 – 99,999 miles
0.00 = 100,000+ miles

For example, let’s now say that my vehicle had only 82,399 miles on the odometer at the time of the accident. I would use the “0.20” multiplier. As a result, my IDV would decrease further to $220 because of the mileage (1100 x 0.20).

Any vehicle that has over 100,000 miles may not qualify for an IDV claim.

When Should You File a Diminished Value Claim?

For the most part, the Inherent Diminished Value triggers when you are involved in an accident through no fault of your own . This means you’re most likely to file a claim against the at-fault driver’s insurance company.

If you’re involved in a hit-and-run, or if the at-fault driver is uninsured, you may be able to file a claim against your own insurance company. This is because there is no other insurer involved.

File your IDV claim as soon as possible. Some areas may have a statute of limitations or your vehicle could further decrease in value as time marches on. In any case, make sure you have supporting documentation.

What Kind of Coverage Do You Have?

Although your insurance may cover a great deal of damage, you may also receive additional restitution due to Inherent Diminished Value.

At Vargas & Vargas Insurance, we help our clients get what they need and deserve. Contact us today to find out more about how we can help keep your automobile covered.

Not all repairs can completely restore a vehicle back to its original functionality. Can compensation help you in such a situation?

Do You Have the Right Small Business Coverage?

duda@levitateapp.com — Mon, 17 Oct 2022 11:44:00 GMT

Starting a small business is exciting, especially if you come up with something that takes off quickly. In the hustle of getting everything put together, how much time did you spend considering insurance coverage for your small business?

Sure, you may have property insurance in the event of a fire or other natural disaster. But what about things that property insurance doesn’t cover?

Liability insurance can only go so far as to keep your business protected.

What Kind of Small Business Coverage Do You Need?

General Liability insurance is better than nothing at all. But you might want to consider expanding it with an Umbrella policy or extending it to cover any of the following.

Commercial Auto Insurance

Does your small business have a car of its own? There’s a big difference between commercial and personal coverage. For instance, commercial coverage supports you and any employees driving company vehicles.

Commercial Property Insurance

In many cases, commercial property insurance covers tools, equipment, inventory, and any furniture needed by the business. In the event of a fire or flood, this plan can help replace those things you need for operation.

Workers’ Compensation

Workers’ compensation is to help alleviate the financial burden of employees who become sick or injured while on the clock. This type of insurance plan covers things like death benefits, lost wages, and various disabilities that result from those instances.

Professional Liability Insurance

While mistakes and accidents do happen, they could result in a lawsuit against your company. Professional liability covers much of the litigation process in such cases.

Data Breach Coverage

Due to the nature of the Internet, protecting data is a constant battle. But do you have coverage in the event of a data breach? This type of insurance can help with various expenses. For instance, it can help with notifying customers impacted by the breach, hiring PR firms to help with negative press, or even credit services to help breach victims.

What About Home-Based Small Business Insurance?

A growing number of people are working to build a home-based business today. Even if you’re simply a freelancer working from home, having the right insurance plans can give you peace of mind.

Now, homeowner’s insurance can cover quite a bit when it comes to business property, such as computers. But what about other things such as employee injuries, data loss, or lawsuits?

Do you have property, inventory, or supplies that are relevant to your small business practices?

Take a few moments and really process what your home-based business needs to function and ensure your current insurance plans cover all the bases.

Choose the Right Coverage for Your Business Needs

Protecting your assets is of utmost importance if you want to build a successful business. One simple happenstance could quickly turn into a financial nightmare.

At Vargas & Vargas Insurance, we do what we can to ensure your small business needs are covered. Contact us today to find out how we can help protect your livelihood from suffering heavy losses in the event something happens.

All it takes is one storm, accident, or natural disaster to decimate what you’ve worked so hard to build.

Getting your Dorchester area home ready for winter with the right insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 12 Oct 2022 13:31:00 GMT

Vargas & Vargas Insurance is here for the residents of Boston, MA, and the surrounding area. If you are considering a new home purchase or want to make sure that you have the right insurance in place before winter arrives, give our office a call.

Get your home ready for winter with the right insurance

Winters can be disruptive in our area, and it only makes sense to carry the correct type of insurance at the correct policy levels. If it’s been a while since you have reviewed your policy, now is a great time to do so. Home insurance needs can change over time, so it is advisable to review your policy regularly.

In the lead-up to winter, be sure to have your home ready for the weather. Make sure your home policy contains all the coverage you need. Roofs, windows, and outbuildings are often frequent targets of loss and damage. Be sure that your policy covers such items and at the correct amount.

Liability coverage is another part of your policy that is important to review. If someone were to slip and fall on ice located on your property, you could be held financially responsible for any injuries that they sustain. Ensure that your liability is at the correct level and provides the protection you need.

Now is the perfect time to get your home ready for winter!

Give us a call today!

Boston, MA, area residents can turn to the Vargas & Vargas Insurance team for all their insurance needs. We handle all types of insurance, including homeowners. Let us help you ensure that you have the proper protection. Call or stop by today!

Does a Lapse in Car Insurance Affect Your Rates? |

duda@levitateapp.com — Mon, 10 Oct 2022 11:16:00 GMT

Among the best ways to save money on auto policies is to make sure you don’t have a lapse in car insurance coverage. This is when, for whatever reason, you stop payments on your policy for your automobile.

While it may save you a few dollars this month, it’ll come back to haunt you later on, especially in the event of an accident.

In reality, the only lapse in auto coverage you should ever have is when you have no vehicle to drive. You can’t really put insurance on something that doesn’t exist. Though, it’s probably a good idea to get non-owner car insurance if you plan on borrowing or driving someone else’s vehicle.

How a Lapse in Car Insurance Affects Your Rates

Typically, the effects on your rates depend on the amount of time that has lapsed. In many cases, there is an 8% increase if you haven’t had insurance within 30 days. Afterward, it could get much higher ranging up to 35% for a lapse of 31 days or more.

For an annual policy, this could result in paying hundreds of dollars more than what you would have paid. This is why it’s important to get back onto an insurance policy as soon as your old plan expires.

And that’s if you’re not a high-risk driver. The amount you pay could be significantly higher.

Now, this is an estimation as every insurer will have its own policies and penalties. But you can bet that any lapse will result in some sort of higher premium.

What to Do if You Have a Lapse in Car Insurance

Not all lapses in coverage are on purpose. Sometimes people forget to pay their premiums. Or, maybe something else caused the insurer to drop your plan.

In any case, it’s a necessity to get coverage as soon as possible if you continue to drive.

A few things you can do include:

Have your local independent insurance agent ask your insurer for a reinstatement. In some cases, your agent may be able to work with you to reinstate your policy with minimal penalties if done quickly enough.
Have your insurance agent shop around to see how much of a penalty you’ll have to pay for coverage. Perhaps they can find an insurance comoany that is cheaper overall.
Refrain from driving until you’re properly covered. Even if you don’t get into an accident, you can still get a ticket or a potential court appearance should you get pulled over by an office for any other reason.

License, registration, and proof of insurance…

Don’t Forget to Seek Discounts

Some insurers will still allow you to qualify for certain discounts to offset penalties from a lapse of car insurance. This could include things like a good driver’s discount, low mileage use, combining policies such as including homeowner’s insurance, anti-theft devices, defensive driving courses, and more.

Ask your provider what discounts you qualify for even with the lapse in coverage. It could help reduce your monthly payments after a lapse.

It’s Best to ALWAYS Have the Auto Covered

A lapse in car insurance can happen for a myriad of reasons. And many of them might not even be your fault. However, you’ll still feel the brunt of a lapse if you take too long to rectify the situation.

At Vargas & Vargas Insurance, we work with many national insurance companies and may be able to help you find car insurance policies that are affordable even after an extended lapse. Contact us today to find out how we can help you get back on the road.

After all, the sooner your car is covered, the cheaper it’ll be in the long run.

6 More Tips to Winterize Your Car Before it Snows

duda@levitateapp.com — Mon, 03 Oct 2022 11:21:00 GMT

One of my favorite sayings is, “an ounce of prevention is worth a pound of the cure.” This means the little things you do today may save you from a lot of headaches later on. In this case, it’s making sure to winterize your car before the snow starts to fall.

Now, we’ve provided some tips for winterizing autos in the past. But today, we’re going to expand a bit and offer a few more than can keep you and your family safe this winter.

1. Keep the Car Clean

A build-up of slush, ice, mud, and road debris can wreak havoc on your car. Not only can it damage the paint, but it can also lead to rust if not properly cleaned.

This is especially true in areas that utilize a lot of salt or magnesium chloride to melt icy roads. Prolonged exposure could ultimately damage the vehicle.

2. Winterize Your Car with Snow Tires

Keeping an eye on air pressure is helpful. But switching to snow tires can make a world of difference in severe weather. The tread on these tires is such that it improves traction, which reduces your risks of losing control.

If you don’t use snow tires, at least check the tread gap of your tires to ensure they’re still in good condition.

3. Check the Brakes on the Car

It’s bad enough that you can potentially slide through an icy intersection, but losing control because of bad breaks can make the situation far worse.

Having the brakes inspected now could save you a lot of hassle later on should the brakes fail during a snow storm.

4. Winterize by Using De-Icer for Your Car

De-icer fluid can come in a variety of packages. You’ll see a lot of de-icing windshield fluids as well as sprays for your door’s lock. In any case, methods to help de-ice your car shouldn’t be underestimated.

You could go as far as using anti-fog sprays on the inside of your windshield to prevent the glass from fogging up in the mornings. It’s the same spray that motorcyclists and skiers use on their helmets and visors, and it works wonders!

The anti-fog sprays not only help winterize your car, but they can do so much more for other outdoor activities. It’s worthwhile having a bottle on hand.

5. Have an Emergency Kit on Hand

You should always have an emergency kit in your car regardless of the weather. In the event of winter, though, it should include gloves, blankets, drinking water, and non-perishable edibles, such as nuts and/or other sealed goods.

Think of it this way; if you were to slide off the road somewhere, could you survive below-zero temperatures for several days with what you have in your car right now?

Sure, it’s a very rare occurrence this could happen. Yet, hundreds were stranded in eastern Virginia at the beginning of 2022, forced to stay the night in their vehicles.

6. Be Mindful of Driving Abilities

The way you drive in the winter is vastly different from how you drive in the summer. Obviously, there are greater threats to consider. Mostly, how you handle black ice and dense snow storms.

Practicing your driving skills in poor weather conditions can vastly improve your chances of avoiding accidents. In fact, a lot of businesses offer winter driving schools for this very reason.

Winterize Your Car with the Best Insurance Plans

Every year, roughly 39% of all weather-related auto accidents happen on roads experiencing everything from regular snowfall to icy pavement. Regardless of how much preparedness you commit to, there’s always a chance you’ll be involved in an accident yourself.

At Vargas & Vargas Insurance, we’ll help you find the best policies regardless of the weather. Contact us today to see what we can do for you this winter.

Just make sure you take steps to winterize your car before the weather gets too bad.

Is the FAIR Plan Home Insurance the Best Choice for Your Insurance Needs?

duda@levitateapp.com — Mon, 19 Sep 2022 10:55:00 GMT

Not everyone lives in the most serene locations or moves into the most perfect of homes. And sometimes, issues can arise that make finding quality insurance quite difficult. That’s when a FAIR Plan insurance policy might be the best course of action.

Whether it’s from outdated wiring, roof damages, owning a high-risk dog breed, or filing too many claims, you could find yourself losing coverage of your home. However, there are options available when facing these high-risk elements.

What is the FAIR Plan?

Fair Access to Insurance Requirements, or FAIR, are plans that offer protection to homeowners, Condominiums, and nonowner-occupied properties, also known as Dwelling policies who usually cannot otherwise get coverage elsewhere. These types of policies focus on the home itself rather than the owner.

For instance, if your home is in a location prone to various severe weather conditions or crime, you may qualify for FAIR Plan coverage. This also includes residences that have old plumbing or electrical systems, as they are more likely to have been flooded or fire damaged.

Essentially, the Fair Plan offers insurance for people who are sometimes unable to qualify for a regular type of insurance plan due to the high-risk nature of the home or high insurance premium communities.

How Do You Qualify for FAIR Plan Insurance?

The qualifications for FAIR home insurance vary from state to state. Nonetheless, a lot of plans follow several eligibility requirements across the board.

Still, you may want to look into the specific requirements for your area or call us to help you .

In any case, having a “high-risk” home doesn’t automatically qualify you for FAIR Plan coverage. And in most cases, you may need to make improvements to your property before coverage is allowed.

For example, repairing prior damage or making sure that your home has no safety hazards.

What is Covered By FAIR Plan Insurance?

FAIR Plan home insurance policies provide the same coverage that traditional plans do. The FAIR Plan provides you coverage when you most need it.

The FAIR Plan will cover damages from fires, vandalism, windstorms, and other severe weather. This includes the contents of the home in some instances.

When it comes to liability, some FAIR Plan home insurance plans provide a cushion of up to $500,000 for personal protection. This includes up to $5,000 if your property injures a third party.

What are the Best Home Insurance Plans in Massachusetts?

FAIR Plan home insurance gives you peace of mind knowing you have a policy that can cover you. Regardless of your situation, there are coverage options available.

At Vargas & Vargas insurance, we specialize in all forms of insurance, including high-risk properties, homes that have outdated wiring, and various dog breeds I mentioned earlier. Contact us today and find out how we can help you get home insurance for your house or condo or investment property.

How to Protect Your Home from Rising Housing Costs

duda@levitateapp.com — Mon, 12 Sep 2022 21:54:00 GMT

In many areas, the housing market is skyrocketing. In fact, many homes in the United States have doubled and even tripled in price. And while these rising housing costs may give you pause, it’s important to keep yourself protected.

While you may be tempted to find a way to reduce Coverage A your new home to save money, the alternative could put you in financial dire straights.

Today, let’s go over some of the ways you can keep your home protected even as the housing market continues to inflate.

Understanding Market Price vs Build Cost

There is a big difference between the market price of your home and its build cost. The materials that go into building or repairing your home could greatly vary.

For example, during the pandemic, the cost of wood skyrocketed . This meant the repair costs of certain types of damages would have been much greater. Not having enough Coverage A would have resulted in additional costs for you.

This is true regardless of where your home was located or its appraisal value.

Running a Replacement Costs Estimate

A replacement cost is when you calculate how much it would cost to rebuild a residence that is virtually similar to your previous home. Now, this estimate takes into consideration the quality of the materials used as well as various amenities and sizes.

However, it doesn’t include things like land value or other improvements made aside from the basic structure. This estimate could help you get an idea of how much Coverage A you will need in the event of a catastrophe.

Adding EDC to Your Home

Extended Dwelling Coverage, or EDC, is the additional amount of insurance from your provider to compensate in the event of a “total loss” going beyond your current coverage. In other words, it fills in the gaps when rising costs affect the amount covered when repairing or rebuilding housing.

Having an adequate EDC in your policy is always a good call. It can mean the difference between having full coverage or having to pay some of the expenses yourself.

Communicate with Your Agent

Perhaps one of the most effective ways of protecting your home when rising housing costs run rampant is by staying in communication with your agent. They are a wealth of information and will do everything they can to help within your budget.

Whether it’s finding discounts or making tweaks to your policy to provide enough coverage, your agent is on your side.

Rising Housing Costs Shouldn’t Detract from Coverage Decisions

Home insurance is one thing you do not want to skimp on. In the event of an emergency, having too little Coverage A could wind up costing you a lot of money out-of-pocket. Don’t let rising housing costs dissuade you from shielding your wallet from damages.

At Vargas & Vargas Insurance, we’ll go the extra mile to ensure that your home remains protected. This is regardless of how the housing market performs. It’s our job to make sure that you have coverage without breaking the bank.

Do Men Drivers Pay More for Insurance Premiums?

duda@levitateapp.com — Mon, 05 Sep 2022 11:56:00 GMT

Most insurance companies have formulas for how much they will charge for premiums every month. One such calculation involves gender. That’s because men drivers are more likely to be involved in an automobile accident than women.

In 2020, 72% of men drivers were involved in fatal car accidents as drivers. For those who ride motorcycles, the death rate climbed sharply to 92% mortality.

Because men are nearly three times more likely to be in an accident, they are often classified as a “high risk.”

It’s this high-risk factor that gives a lot of insurers pause for concern. It’s similar to why someone who is frequently in car accidents pays more in premiums.

When a provider pays more from claims than is coming in, it’s not good business.

Ways Men Drivers Can Reduce Premiums

While men often pay more for auto insurance, there are plenty of ways drivers can keep the costs as low as possible. Some of them may seem more like second nature to you as a driver.

So, what can you do to reduce coverage costs?

Have a Good Driving Record: One of the easiest methods is to simply have a good record behind the wheel of your car. This discount can kick in between three and five years, depending on the insurer.
Take Defensive Driving Courses: Some providers will provide a discount if you complete intensive driving courses. Not only will it help you save money, but it can also keep you safer while on the road.
Choosing Safer Vehicles to Drive: I know, you’d probably love a sports car. However, they are usually far more expensive with full coverage than an economy car. In some instances, the difference could be in excess of $300 per year.
Increase the Deductible: By increasing deductibles, you’ll often decrease monthly premiums. This is because you’ll have to pay more out of pocket in the event of an accident.
Work on Your Credit Rating: Credit isn’t just used for buying a house or a new car. Your credit score can help you decrease monthly auto insurance rates.

It’s Not All Grim, Though

Luckily, safety measures have greatly made a difference over the last 40 years. Back in 1978, men drivers made up 22.6 deaths for every 100,000 people in the United States. This has decreased to 9.9 in 2020.

Automobile safety legislation, improved protective devices such as airbags, defensive driving courses, and much more have made a massive impact in curbing auto fatalities.

In fact, when you compare the population of 1978 to that of 2020 and the decline in deaths, there is a stark improvement in safety behind the wheel.

However, this only reflects the death rate. Accidents will still happen, and this is why insurance coverage is so vital.

Always Make Sure You Have Coverage

You can’t argue with certain traffic statistics. And while some people might think it’s unfair, it’s not an anomaly. Men are simply more prone to accidents overall than women drivers.

At Vargas & Vargas Insurance, we work to help you save as much as you can while making sure you have adequate coverage should something happen. Contact us today and find out what we can do to keep your insurance needs from breaking the bank.

Protect Your Family Assets With Umbrella Insurance in Massachusetts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 29 Aug 2022 20:51:00 GMT

When you live in Dorchester, MA, it’s essential to have umbrella insurance. This type of insurance can help protect your family assets in case of an accident or lawsuit. Here are some things to consider when choosing umbrella insurance.

What is Umbrella Insurance?

Umbrella insurance is liability insurance that can help protect you and your family financially if you are sued or held liable for an accident. It can provide coverage above and beyond your regular homeowner’s or auto insurance policy limits.

Your Vargas & Vargas Insurance Agency can help you understand what you need to know about choosing the right umbrella insurance for you and your family.

Why Do I Need Umbrella Insurance?

Dorchester is a bustling city with a lot of traffic. This can increase your chances of being in an accident. If you are at fault in an accident, your regular insurance policy may not cover all the damage. This is where umbrella insurance can help. It can provide coverage for things like medical expenses, property damage, and legal fees.

As a homeowner, you are also at risk of being sued. If someone has an injury on your property, they may sue you to cover their medical expenses. Umbrella insurance can help protect your assets in this situation. If you have a pool, playground equipment, or other hazards on your property, umbrella insurance is also a good idea for peace of mind.

How Much Umbrella Insurance Do I Need?

The amount of umbrella insurance you need depends on your assets and income. It would help if you considered how much coverage you would need to protect your home, savings, and future earnings. A financial advisor can help you determine the right coverage for your needs.

Talk to your Vargas & Vargas Insurance Agency about umbrella insurance in Dorchester, MA.

7 Easy Tips to Lower Auto Insurance Premiums Each Month

duda@levitateapp.com — Mon, 29 Aug 2022 11:53:00 GMT

With the kids returning to school, the holidays on the horizon, and the talk about and worry about recession and inflation, many of us look at lowering our bills each month. Today, let’s review a few ways to help lower your auto insurance premiums to keep more cash in your pocket.

1. Compare Rates Among Insurers

One of the quickest ways to find the best rates is to shop around. And we can help with shopping around, as Vargas & Vargas Insurance represents many of the region’s top insurance companies, and we do this regularly for our insureds. Some insurers may have lower prices depending on your needs. However, low rates don’t always guarantee quality service.

While the cost may be an attractive feature, you also want an insurance provider you can trust .

2. Higher Deductibles for Lower Monthly Rates

In many cases, you can opt to increase deductibles to reduce your monthly rates. This means you pay less every month but will have to pay more out of pocket in the event of an accident.

Many people choose this type of plan simply because it’s cheaper to maintain. And if you don’t need to file a claim, the higher deductible is rarely a consideration.

3. Bundle Home and Auto Insurance Together

Bundling home and auto insurance together can greatly impact how much you pay for each one. This is an exceptionally common practice and helps you keep all of your insurance needs under one roof, so to speak.

In other words, it’s convenient to have all of your insurance needs through one company while providing monthly discounts.

4. Lower Auto Insurance with Good Credit

Some insurers will provide a discount if you have good credit. This is because good credit often signifies financial responsibility, which puts just about any company at ease.

Don’t get me wrong, you can still get affordable premiums without an 800 credit rating. However, improving your score can help lower the auto insurance premiums from certain providers.

5. Ask About Low-Mileage Discounts

When talking with an agent, ask them if there is a possible “low-mileage” discount. In some instances, the amount of driving you actually do throughout a month can impact how much you pay for insurance.

An example of this is how someone who drives less than 20 miles per month will pay less than someone who drives 2,000. Fewer miles means there is less of a chance of an accident.

6. Group Policies Can Lower Auto Insurance Premiums

Home and auto isn’t the only thing you can bundle with some insurers. You may also qualify for group policies. These are exceptionally useful for families as everyone has coverage while reducing the per-person rate.

However, buyer beware here; many group plans may become more expensive over time than if you were not part of a group. So, review your group policies regularly with a local independent insurance agent to make sure that you are still receiving the best rates for your insurance.

This is why a lot of parents will add children to insurance plans as it affects the rate a child would have to pay by him or herself.

7. Ask About Good Driver Discounts

Having a spotless driving record can have a lot of benefits, especially when it comes to a lower auto insurance premium. If you can demonstrate near perfection behind the wheel, it could reduce your rates.

In fact, some insurers will offer a discount if you take defensive driving courses . That’s because these courses can result in dramatically reducing the chances you’ll be in an accident.

Reduce Your Monthly Spending in These Trying Times

You shouldn’t have to put yourself or your family at risk to simply cut costs. Today, every penny counts, and what you can save by lowering your auto insurance might help you afford other necessities.

At Vargas & Vargas Insurance, we work to help you afford coverage for your automobile without breaking the bank. Contact us today and find out how we can help you keep your vehicles covered in this uncertain world.

Ways Student Drivers Can Save on Insurance Costs

duda@levitateapp.com — Mon, 22 Aug 2022 14:05:00 GMT

As the school year begins, many student drivers will take to the roads. And for some, this might be the first time they are actively driving an automobile to and from school. Are you getting the best insurance deals for your teens?

There are a few ways you can reduce the overall cost of insurance premiums for student drivers. Many of them require a bit more time behind the wheel than, say, a sophomore in high school.

However, there are a few ways you can still save on new drivers heading to class.

Good Grades for Student Drivers

A lot of insurers will offer discounts for students if they can maintain a B average or better. This is one way to inspire student drivers to perform as well as they possibly can in school.

In some cases, the insurer may provide a discount if the student is within the top 20% of his or her class. Some agents may also apply discounts for performing well (top 20%) on various achievement tests, such as the ACT, SAT, PSAT, and more.

Good Student discounts may be available for high school, college, or even home-schooled students between the ages of 16 and 25. If you’re unsure your insurer provides these types of discounts, it’s worth the time to contact them today. It could save a great deal on premiums every month.

In most cases, you’ll need a current grade report card for your student or a signed form from a school administrator proving your student does, indeed, have good grades.

Good Driver Discounts for Students

Doing well in school is a great way to reduce insurance costs. However, some students may also qualify as Good Drivers. Of course, this is usually for college students because of the requirements.

For instance, most Good Driver discounts are triggered by accident and violation-free driving for the past three to five years. This means anyone under the age of 19 has a lower chance to qualify because of a lack of sufficient time behind the wheel.

Nonetheless, paying the auto insurance for your college student may be cheaper should he or she have a spotless driving record.

Usage-Based Auto Insurance

Something else you could keep in mind for your student drivers is usage-based insurance. This is often referred to as telematics insurance.

In this type of insurance, the premiums are based on the amount of actual driving that is done. In most cases, mobile apps or devices collect data regarding the use of the vehicle.

Data collected could be everything from mileage tracking to capturing the speed of the driver.

Telematics uses a similar platform to pay-as-you-go. Depending on the distance traveled during any given time period and the overall driving performance of your student, insurance premiums could be significantly reduced.

Unfortunately, because of the sheer amount of setup and data collected, telematics isn’t available to every insurance provider.

Reduce the Cost of Your Student Drivers Today!

Having a child in school often costs parents a great deal of money every month. Don’t let insurance be one of those things that stress you out.

At Vargas & Vargas Insurance, we’ll help you find the best deals for your student without breaking the bank. Contact us today to find out what we can do for you and your student.

13 Easy Weatherproofing Ideas for Your Home and Auto | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 15 Aug 2022 10:37:00 GMT

As each summer gets hotter than the last, we have to do what we can to reduce the damage brought on by excessive heat. Not only does weatherproofing prolong the lifespan of certain things for the home and auto, but many of them can also save you quite a bit of money.

Today, let’s take a look at several ways you can prevent high temperatures from wreaking havoc on your property.

Weatherproofing Your Home

From a financial standpoint, weatherproofing your home is always a good idea. Not only does it reduce the onset of certain kinds of damage, but it can have an immediate impact on your monthly bills.

A few ideas that can reduce the cooling of your home include:

Using aluminum foil on the windows to reflect heat.
Using blackout curtains to block heat and light if you don’t like the appearance of aluminum.
Replacing insulation and sealing holes and cracks in your walls, windows, and doors.
Adding window awnings to provide shade from direct sunlight.
Cleaning ducts to allow better airflow.
Replacing air filters of your HVAC system every 90 days.

The best part is that most of these ideas cost very little to implement. Nonetheless, they can save you a great deal of money in the long term.

For example, simply keeping the ductwork clean allows for better airflow, which results in the HVAC system having to work less to keep the home cool or heated. This means less wear and tear on the unit itself.

In other words, that $10 filter could save you hundreds of dollars in energy bills and repair costs.

Weatherproofing Your Car

Not everyone thinks about weatherproofing the car or truck. However, they can benefit in much the same way as your home. Well, actually it is you who benefits as it will save you quite a bit in repair costs when the temperature spikes.

Keep in mind that electronics are more susceptible to failure when the ambient temperatures are higher. As there are a lot of electronic devices in vehicles today, it’s imperative to do what you can to reduce the impact of those high temperatures.

A few things you can do to protect your auto include:

Keeping the tires properly inflated, as heat can weaken the rubber and reduce elasticity. This can lead to cracking.
Making sure all fluids are at proper levels as lubricants are more vital during times of excessive heat.
Replacing the battery before it fails, especially those that are exceptionally older.
Using window coverings to keep the heat out. It’s more comfortable and prevents damage to things inside the vehicle.

Just like the home, weatherproofing your vehicle now can save you on future repair costs. Not to mention reducing the likelihood of breaking down on the side of the road with temperatures in excess of 100 degrees.

Leave Nothing to Chance

Although there are plenty of ways for weatherproofing your car and home to save money, Vargas & Vargas insurance can help you take the savings to that extra level. Contact us today to find out how we can customize your policy to accommodate your lifestyle.

From protecting your property from the ravages of heat waves to giving peace of mind throughout the winter months, we can help you.

Does Inflation Cause Insurance Rates to Go Up? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 08 Aug 2022 11:40:00 GMT

Inflation will affect a wide scope of products and services. Unfortunately, this also includes home and auto insurance. The reason for this is that insurers examine several factors when determining rates. One of these factors is the cost to repair or replace.

How Inflation Can Affect Insurance Rates

If the cost of raw materials goes up, this will have an impact on how much an insurer will need to cover predetermined expenses.

For example, a lot of automobiles require microchips in order to function properly. Thanks to the global chip shortage, the costs to replace them are much higher than they were five years ago.

This means insurers must pass on the more expensive auto repairs to clients.

Some expenses for home repair recently increased in 2020 and 2021. However, lumber prices have come down as inventories continue to pile up due to things like mortgage rates increasing, which decreases demand for new home sales.

However, shortages can come in a variety of forms for housing. For example, a current lack of labor and certain electrical equipment can ultimately affect new construction and repairs.

This all culminates in how an insurer adjusts your premiums. In other words, it’s common for inflation to directly affect how much you’ll pay for home and auto insurance.

It all comes down to the cost of repairs should something happen.

Ways to Lower Your Monthly Premiums

Although inflation will directly impact insurance rates, there are several things you can do to reduce the costs on your end.

A few ways you can lower monthly insurance premiums include:

Bundling auto and home insurance packages – many insurers will offer discounts by combining policies.
Pay for a year in advance – depending on your insurer, you may be offered a discount if you pay for a year or more ahead of time.
Increase your deductibles – Although this means you’ll need to have more money out-of-pocket before insurance kicks in, a higher deductible often results in lower monthly premiums.
Check your insurer for any home and auto insurance discount programs – for instance, many auto insurers will have “good driver” discounts for those who have never filed a claim.
Demonstrate being a safe homeowner – it’s possible that you may qualify for discounts if you show a history of not filing insurance claims or have equipment installed to prevent damage to the home.
Make home improvements – it doesn’t take a massive investment to improve the home. Something as simple as improved lighting, CO2 sensors, or installing a doorbell camera may help reduce insurance premiums.

Of course, this also depends greatly on your insurance agent. But for the most part, insurers have a variety of discounts available if you ask for them.

Let Us Help You Weather Inflation Issues

At Vargas & Vargas Insurance, we’ll help you customize your plan to help you adjust during times of inflation. We are here to offer you solutions that will fit your budget. Contact us today and find out how we can help you.

From auto insurance to home protection, don’t let rising costs scare you away from protecting your property.

Who Should Get Flood Insurance? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 01 Aug 2022 10:15:00 GMT

For everyone who owns a home, it’s important to give it all the protection it needs against a wide range of risks. Home insurance protects against many threats but doesn’t offer any protection against flooding. Floods are an expensive type of disaster that can cause enormous damage. Flood insurance can help pay for the damage done after a flood, which may even require rebuilding the house. If you don’t have flood insurance, give us a call today at Vargas & Vargas Insurance in Dorchester, MA.

Everyone Needs Flood Insurance

There are high-risk areas for flooding and areas with little risk of it. Many homeowners don’t consider getting a flood insurance policy unless they live in a high-risk area. And while it’s essential to have this insurance if you’re in a high-risk area, it’s also essential if you aren’t in one of these areas. About 20% of the claims for floods originate from areas not at high risk for flooding. For people who don’t have flood insurance and experience flooding, it can mean significant damage to their homes. The National Flood Insurance Program recommends that all homeowners get this insurance to protect themselves.

The Backing of Flood Insurance

Flood insurance is sponsored and backed by the National Flood Insurance Program. This program ensures government backing for these policies and sets the price of this insurance. This means you don’t have to shop around or hope you got the best price, as it costs the same everywhere.

Get Your Flood Insurance Policy

Getting flood insurance is important whether you are in a high-risk or low-risk flood zone. To get this insurance protection, give us a call at Vargas & Vargas Insurance in Dorchester, MA.

How Extreme Heat Waves Can Easily Damage Your Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 25 Jul 2022 14:19:00 GMT

Heat waves are becoming more commonplace in many areas of the globe. By July of 2022, three heat waves have swept through the United States. And this doesn’t include the excessive temperatures in places like Europe and Great Britain.

Heat waves can be exceptionally dangerous to human life, which is why you need to keep yourself and your family safe. Yet, they are also exceptionally dangerous to the home.

Never underestimate the power of Mother Nature.

Wear and Tear to Structures

A large portion of homes are made with a wooden structure. From support beams to floors and roofs, there is a lot of lumber in many houses and businesses.

The problem is that wood contracts and expands due to varying temperatures. This fluctuation becomes more rapid and extreme depending on the ambient heat and cold fronts.

The end result is the wood begins to crack and split in various locations throughout the residence. This can compromise the structural integrity of the building and could result in causing far more damage down the line.

For example, a split support beam is less likely to hold the weight of walls or ceilings.

Leaky Roofs

Speaking of splitting wood, the roof is perhaps your first defense against the elements. Due to its construction materials and ability to absorb sunlight and heat, it’s constantly exposed to extreme weather.

As I mentioned earlier, wood begins to crack as it constricts and expands. This includes the materials your shingles are nailed to. Once the smallest crack forms, moisture can easily enter and begin wreaking havoc on the roof.

This doesn’t include how heat waves can cause shingles and other roof types to warp, exposing the underbelly of the roof to even more potential damage.

Wildfire Hazards

An inevitable outcome of heat waves is the onset of wildfires . You’ve probably seen a lot of news coverage in 2022 regarding the damage these fires have caused just in the first half of the year alone.

If a strong wind picks up, wildfires can quickly consume large swaths of land in a very short period of time.

Even if the fire doesn’t consume the entire home, everything from electrical to plumbing damage can be part of the end result. The smallest fires have the potential to cost hundreds if not thousands to repair.

Foundation and Cement Damage

Wood isn’t the only building material that will be affected by heat waves. In fact, the very foundation of your home can be subject to extensive damage during extreme temperatures and drought.

For instance, when the moisture in the soil evaporates, the foundation is less likely to keep a firm grip on the ground. You’ll often see these kinds of effects on sidewalks and roads as cracks begin to form.

However, the actual foundation of your house can also experience the same fate. And just like the roof, cracks in the foundation can lead to a variety of leaks and other weather-based damage.

Protect Yourself During Heat Waves

At Vargas & Vargas Insurance, we’ll help you stay protected against a variety of weather issues. From heat waves to floods, contact us today to find out what we can do to customize your policies for the future.

The last thing you want to experience is a leak in the middle of winter after a heat wave compromised your roof.

6 Ways Insurance Agents Can Help When Buying a Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 10 Jul 2022 23:53:00 GMT

Buying a home is an exciting time in anyone’s life. However, it can also be stressful as you want the best deal possible while finding that “perfect” house. Have you thought about how an insurance agent can help you find the home of your dreams?

Being a Local Expert

Whether you’re a local yourself or moving into a new city, insurance agents are experts in their geographic location. This means they can help by making recommendations while knowing the ins and outs of the locale.

These insights can include everything from school districts to lifestyle happenings and safety. Being part of the local community gives agents a great perspective of the area including specific neighborhoods.

Accurate Cost of Home Insurance Coverages

A local insurance agent will have the ability to provide an accurate estimation of homeowner’s coverage. Thanks to their familiarity with the locale and market values, you’ll get a better idea of how much you’ll spend in addition to your mortgage.

Things like safety features, square footage, and neighborhood can affect your monthly premiums. Contacting a local insurance agent when buying a home takes a lot of guesswork out of the equation.

Better Understanding of Coverage Types

Working in the local area, insurance agents have a better grasp of the types of coverage you might need. For instance, does the location of your prospective new home have an issue with flooding?

This can also benefit you in the other direction as an agent can help save you money by not requiring coverage types. For example, it’s unlikely you’ll need earthquake coverage if the area hasn’t experienced one in a century or two.

Understanding Previous Claims

One of the more profound aspects to using a local insurance agent is his or her understanding of previous claims. What are the most prominent issues for the area in which you’re looking?

This can help you spot all kinds of warning signs before you decide to put a bid on that new home. What if the neighborhood has a long history of flood damage?

Home Inspection Reviews

Home inspections are a crucial step when it comes to buying a home. These determine the safety of the structure and what may need to be addressed soon.

Your local insurance agent can take a look at this inspection and use it as a guide into what issues might impact your rates. Things like electrical wiring, foundation cracks, mold detection, or roof damage can cost you quite a bit. In fact, depending on the extent of the damage, the seller might not be able to sell the home until those issues are fixed.

Capacity to Save Money when Buying a Home

Not only can a local insurance agent help you save money by avoiding certain homes, but you might also get discounts on premiums. Some insurers will discount rates if the home has:

smoke alarms
sprinkler systems
security systems
carbon monoxide sensors
energy-efficient appliances
or other disaster-prevention elements

Local Insurance Agents are a Treasure Trove of Information

Never underestimate the value of your local insurance agent. He or she will have a deeper understanding of many aspects you might not consider.

Let Vargas & Vargas Insurance assist in making one of the biggest decisions of your life. Contact us today and we’ll do what we can to make sure you find that perfect home with the affordable coverage you’ll need.

I’m Going On Vacation, How Do I Keep My Condo Safe While I’m Away? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 04 Jul 2022 17:33:00 GMT

As summer vacation approaches, many people enjoy time away from their busy schedules and responsibilities. While relaxing on a beach or touring Europe is exciting, there are some risks associated with being away from home that many people don’t consider until they arrive at their destination.

Leaving your Dorchester, MA condo unattended for even a short period can significantly impact your life and the lives of those around you. Whether visiting a friend or traveling across the country, Vargas & Vargas Insurance is here to help you understand the risks of leaving your condo behind and what you can do to protect your property.

Simple Steps To Protect Your Condo:

Lock the door. It seems like a no-brainer, but you’d be surprised how many people forget to lock their doors. Furthermore, use a deadbolt with a strike plate to make it harder for intruders to break in. Also, lock your windows.
Unplug your electronics. Avoid a potential fire hazard by unplugging your TV, kitchen appliances, and other electronic devices.
Don’t tell everyone you’re leaving. A lot of the time, potential thieves will use social media to find out the details of your travel plans. Please don’t make it easy for them. Tell your friends and family directly, if need be.
Hide your valuables. Don’t leave your valuables in plain sight if you’re on vacation. Store them in a safe place or leave them with a friend or family member.
Be careful with your mail. If you’re going away for a long time, ask someone you trust to check your mail. Letting your mail pile up is a massive sign to burglars that you’re not around.

Even when you take the proper precautions, it’s still possible that you’ll be a victim of a crime or some disastrous event. Contact Vargas & Vargas Insurance can you make sure that you have the right insurance coverage at the right price, Contact us today

How to Handle Insurance When the Kids Go or Come Back from College? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 21 Jun 2022 11:00:00 GMT

College is an exciting time for any youth. It’s their first step into the real world while getting an education to help improve their lives. Given the costs of education, the last thing anyone wants to worry about is extra expenses. So, how should you handle your insurance policy when your child is off to further his or her education?

When to Remove Your Child from the Policy

A common rule of thumb is that you should drop your child from your insurance if they are attending a school that is more than 100 miles away. This is because a lot of insurers believe anything closer may prompt the child to come home often and drive.

It may also be a good idea to consider dropping the child if he or she is living on campus. This is because the likelihood of driving decreases, depending on the situation. Also, if your child isn’t planning on taking a vehicle to college, there’s really no reason to insure them.

When Should You Keep Your Child On Your Policy?

Perhaps the obvious reason to keep a child on a policy is if he or she is planning to live at home while attending college. But let’s go a bit further than that.

What if your student travels home frequently? What if it’s a common thing for your child to come home on the weekends? This is why it’s common to keep a child on a policy if the school is within a 100-mile radius.

Lastly, a lot of parents will pay some of the child’s bills to help with college expenses, which often includes insurance. It’s just one less thing the child has to worry about besides school work.

What About Returning Home for Extended Periods, Such as Spring Break?

If your child is planning on coming home for extended periods of time, such as breaks or vacations throughout the year, it’s probably a good idea to add them to your policy again.

Usually, the costs for doing so are nominal. For most insurers, it’s not a difficult process for a short-term policy change during those time-off periods.

Can You Drop the Child to an Occasional Driver?

Some insurance policies give you the option to drop someone to an “occasional” driver. This is usually someone who accounts for less than 25% of the vehicle’s annual mileage.

Now, not all insurers have such options available. Those who do also may have their own definitions about what qualifies as an occasional driver.

In any case, it could decrease how much you pay in premiums depending on your policy. How much it decreases is also dependent on the insurer.

Does Your Child Qualify for a “Good Student” Discount?

Something else you could consider is whether your child can qualify for a “good student” discount. In many instances, this depends on a couple of factors:

Is your child under the age of 25?
Can your child maintain a B average or better?

The better your child does in school, the cheaper the rates. This means you or your child can save money regardless of who pays for the insurance.

However, not all insurers have a “good student” policy available. It’ll be in your best interest to find out if something like this exists. Anything to decrease the monthly bills is going to be a benefit for all involved.

Find the Best Rates for Your College Students

College is a formative point in a child’s life. You want to make sure you or your student doesn’t have to stress too much about auto insurance. Contact us today at Vargas & Vargas Insurance to get a quote that works for you and your family.

We’re happy to further answer any questions you might have about your college student and his or her driving habits.

What Happens if Two People Involved in an Accident Have the Same Insurer? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 06 Jun 2022 11:28:00 GMT

When an accident occurs, it is often customary to contact an insurance agent. But what happens when two people in an accident have the same insurance company? Well, it’s often handled the same but with a few minor adjustments.

In the end, it usually falls under who is to blame to pay for damages regardless of his or her insurance company. Having the same insurer doesn’t change the bottom line. However, the insurer may take steps to avoid issues among clients.

No Bias in Decisions

In many cases, the insurance company will assign two different adjusters to the separate claims. They may also make adjustments to the claims to avoid a conflict of interest.

It comes down to legally being required to handle claims in an efficient manner regardless of whether both parties have the same insurer or not. This also means that you can expect claims to take roughly the same amount of time.

In some cases, the insurance company can waive any deductibles should both parties use the same vendor. But that is often on a case-by-case basis and greatly depends on the insurer.

In every case, though, the process should be relatively the same. Simply contact your agent and process the claim as you normally would.

Who is Cited for Blame?

To ensure one party is at fault over another, a police report can be filed. In most cases, the officer will attest to which driver is to blame, which can ultimately change how the claims are processed.

While not every accident may require the assistance of a police officer, it can help things move along smoothly. Otherwise, it could be a painstaking process should neither party admit to being at fault.

In the event of both parties agreeing to be at fault, the insurance company may assign percentages of claims to both parties depending on the damages suffered. This will be up to the insurer and usually based on the total damages of both vehicles.

An example of this is in the event of one driver tailgating another. This is when a driver is following a vehicle much too closely. If the front driver immediately slams on his or her breaks, it could cause a rear-end collision. After an investigation and the officer deems both parties as negligent, then both could be at fault.

Of course, in this scenario, it really depends on why the front driver had to slam on the breaks in the first place.

Not Much Really Changes

In the grand scheme of things, not many changes if both parties have the same insurer. Though, a few minor things may change to avoid a conflict of interest or prevent the feeling of “favoritism.” For instance, what if the same agent handles both clients prior to an accident? That’s when a newly assigned adjuster would assist one of the parties.

But generally speaking, the claims are handled in the same fashion as if two different insurance companies were involved.

At Vargas & Vargas Insurance, you can rest easy knowing that we take a fair stance with all of our clients in the event of an accident. If you need auto insurance, contact us today and let us help protect you and your family.

Find out more about life insurance today! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 25 May 2022 21:43:00 GMT

Vargas & Vargas Insurance knows that talking about life insurance can be an uncomfortable experience. We want the greater Dorchester, MA community to turn to us for their life insurance needs. We can help you protect your family and loved ones, no matter what the future may hold.

Learn more about your life insurance options

Having the right life insurance can serve you and your family well. Depending on the type of policy you select, you can enjoy several benefits while still living. In addition o death benefits, some policies provide cash value and growth during the policy’s life, as long as it is kept current and in force.

Term life insurance is often a good idea for anyone looking to cover their burial expenses or other end-of-life costs. These policies are usually affordable and can help ease your family’s pain during the immediate period after your passing. Permanent policies, like whole life, variable, and universal insurance, provide death benefits and offer other features.

If you want to learn more about the life insurance options now available, it makes sense to sit down with a local agent. This can help you make the right decision.

Call today for an appointment.

If you are a resident in the greater Dorchester, MA area, it’s time to get to know the Vargas & Vargas Insurance team. We are here to help you find the right insurance solutions for your needs. Now is a perfect time to sit down with us and learn more about your life insurance options. Our team is ready to help, and we always look forward to working with you. Give us a call today!

When is Your Home Insurance Denied and What Can You Do? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 23 May 2022 11:39:00 GMT

Home insurance is there to help pick up the pieces in the event of a catastrophe or mishap. From direct damage due to third-party negligence to shielding you from nature’s wrath, being insured is vital. But when can your home insurance get denied by your current carrier? What can you do when you find yourself without proper coverage in the event of an emergency?

The truth of the matter is that there are a lot of things that can cause your carrier to drop you from being insured. It all really centers around the policies and practices of each individual company.

However, there are a few that are almost universal among many carriers. Some of the more common include:

If the house becomes in extreme disrepair
Non-disclosure of damages to, or the result of, the home
Insurance fraud
Non-payment of premiums
Excessive past claims
Missing a filing deadline
Criminal record of certain judgments, such as arson
Certain types of dog breeds

This is by no means a complete list. The problem is that every insurer has its own guidelines to follow when it comes to the home. However, the above problems are common among many companies and something you should consider when your home insurance is denied.

What about being denied specific claims from your insurer? In many cases, this happens because of a lack of specific coverage. For instance, earthquake and flood protection often require their own insurance plans separate from the home.

Some insurers will still cover you even if you’ve experienced any of the above. However, the premiums you’ll have to pay are usually quite higher. This is because you’ve been established as “high risk.”

If someone or the property is deemed as a high risk, this means that there is a greater chance of the insurer losing money due to damages.

What Can You Do When Home Insurance is Denied?

You could always appeal to the insurance company and plead your case. In some instances, this may prove beneficial, especially if you’ve invested in preemptive measures.

For example, taking the time to make sure the home is up to code and in good condition after a denial may change the mind of an insurer. Especially if you can reinforce the validity of the repairs by having the home inspected.

Your local independent insurance agent is the best way to appeal your case as they have a relationship with the insurance company.

Another thing you can do is spend time looking for an insurer who’ll cover your home. As I said, every insurer is different and some may be willing to overlook specific issues. But that’s when your payments may increase due to being a high risk, as mentioned above.

Bear in mind that the very reason why one insurer dropped or denied you could be why it’ll be difficult to find another. At least not without addressing why you were denied in the first place.

Never Give Up, Proper Protection is Worth the Effort

If you’ve been denied in the past for home coverage, give us a call at Vargas & Vargas Insurance. Contact us today to see if we can help you get the coverage you need to protect your investment as well as your family.

In the worst-case scenario, you don’t want to face disasters and accidents alone. We are able to give you some peace of mind by finding the insurance coverage that you require.

Spring Maintenance for Your Car (To Help Avoid Auto Insurance Claims!) | Blog | Vargas & Vargas Insurance Spring Maintenance for Your Car (To Help Avoid Auto Insurance Claims!)

duda@levitateapp.com — Mon, 09 May 2022 11:43:00 GMT

Keeping up with your car’s maintenance can be a hassle…but we’ve got exciting news for you! By prioritizing the maintenance schedule for your car you can avoid some potential insurance claims!

Does keeping up with my car’s maintenance really make a difference?

We know, it’s draining to try to stay up to date on car maintenance. It seems like there’s always something to fix! Unfortunately, a lot of people avoid taking care of their cars until it is too late. According to research from the National Highway Traffic Safety Administration reported by Fox13 , the average amount of car accidents due to poor maintenance tallies in at a whopping 45,000. You definitely don’t want to be a part of that statistic. Read on for some helpful tips to avoid insurance claims and enjoy safe travels!

What should be on my maintenance checklist?

One item you’ll definitely want to include on your checklist is to inspect your tires! Make sure they still have good traction and check to be sure the tire pressure has an ideal PSI. This is something you’ll want to do routinely – not only during springtime!

Other items to include on your auto maintenance checklist:

A few other important things to stay on top of:

Schedule an oil filter change. Oil reduces the friction between moving parts in a running engine. If you don’t have your oil changed you could do serious damage to your engine.
Replace windshield wipers. You don’t want to be caught in rain (or snow) with inadequate wipers! You won’t be able to see what’s in front of you which could result in an accident.
Check your battery. Be proactive about checking your car’s battery! Even if it seems to be working fine, it is always a good idea to have the battery inspected to prevent an unexpected failure.
Check your lights. Even in normal driving conditions, using your headlights anytime you’re driving has been proven to reduce accidents by 5-10% . Why not take it a step further and make sure every light on your car is in good, working condition?

Don’t forget the finishing touch!

As part of your spring auto maintenance schedule, consider having your car detailed. Chances are high that your car looks a little worse for the wear after all of the snow and dirt from this winter. Give your car a spring cleaning that will leave you feeling refreshed and confident in your car. We recommend Neponset Circle Car Wash for all your detailing needs!

Stay up to date and stay safe!

All of the preparation in the world can’t prevent every accident, so make sure your auto coverage is sufficient by referencing this guide . Now, no matter where you’re headed, you can travel confidently and safely knowing that you’ve stayed up to date on your maintenance!

Vargas & Vargas Insurance, we can help you customize your auto insurance so that it works best for you. We are one of the premier local independent insurance agencies, and we truly work for our clients, not ourselves. Our team of friendly experts would be happy to answer all of your insurance questions. Contact us today .

Save Money This Summer with AC Maintenance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 02 May 2022 16:40:00 GMT

As we’re nearing the warmer months of the year, it’s time to start thinking about how your air conditioner performs. And I’m talking about both central air and window-based units. With proper AC maintenance, you could save quite a bit of money.

Not only does maintenance help you save on the electricity bill, but it can also prevent accidental fires and other forms of property damage. For example, do you know how much a leaky swamp cooler could cost you in repairs if not dealt with immediately?

So, what are some ways to protect your home and your bank account?

Clean and/or Replace Filters

A clogged filter can cause all kinds of issues for any HVAC system. Even window-mounted air conditioners can form sheets of ice if the filter is clogged. And that causes a completely different problem.

This isn’t to mention how a clogged filter causes the unit to work much harder to cool the home. This, in turn, results in wear-and-tear leading to malfunctions and repair costs much sooner than anticipated.

Make sure all of your filters are either replaced or cleaned, depending on the type of system you have in the home.

Ensure Ductwork and Intakes are Clear of Debris

Over time, ductwork and air intakes for HVAC systems can become filled with dust and various forms of debris. Part of your annual AC maintenance should include ensuring the system has clear access to move air.

This means also going outside and making sure bushes, plants, and other elements are clear of the air conditioner.

In the event of a swamp cooler, it’s probably a good idea to install new pads. Wind can blow all kinds of debris into the wells of the evaporative cooler, which means it will have a harder time pulling air in to cool.

Properly Inspect Power Cords and Electrical Connections

Always ensure your power cords and electrical connections for the HVAC system are properly secured. In some cases, it may be a good idea to call an electrician to verify your power cables don’t pose a threat to the home.

While you’re at it, also make sure you don’t have too much of a load on a single power socket.

A lot of people will use extension cords and power strips to accommodate their electronics. The end result could be a fire caused by an over-taxed power cable trying to draw more power than the strip can handle.

Out of the different forms of ac maintenance, your power consumption is perhaps one of the most important to verify.

Inspect Weather Stripping Along Windows and Doors

Weatherstripping is one of the most important facets of saving money for both heating and cooling needs. This is the fine strip or silicone that lines the edges of windows and doors.

Making sure the strip is in good condition means less cool air escapes to the outside. Thus, your home stays cooler for longer periods of time.

Consider Shades or Blackout Curtains

Sunlight coming into the home can generate a great deal of heat. Depending on where your windows are located, the home could be exposed to a continuous bombardment of sunlight.

Blackout curtains are relatively cheap and can stop the light and heat from the sun.

If you don’t like the idea of sunlight being completely blocked, you can always go with shades or other window dressings that limit how much light comes into the home.

An Ounce of Prevention is Worth a Pound of the Cure

Preventing issues through ac maintenance today can save you a small fortune down the road. And don’t forget, you could always approach the homestead from the perspective of going green . For example, adjusting your thermostat so the AC isn’t constantly running.

After ensuring your cooling systems are running efficiently, give Vargas & Vargas Insurance a call to also make sure your home is protected in the worst-case scenarios. Don’t let accidents this summer cost you. Contact us today for a customized plan and keep your home safe year-round.

How to Have a Great Family Vacation in 2022 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 27 Apr 2022 11:59:00 GMT

As the summer months close in, it’s time to get ready for that perfect family vacation. Depending on where you’re from, the recent pandemic may have put previous plans on hiatus for quite some time.

Today, we’ll go over a few things that can help you enjoy the summer months away from the home.

To Mask, or Not to Mask…

Although mandates are being lifted in various locations, some local governments and facilities are still requiring masks. Always have a mask on hand in the event you visit a location that has such restrictions.

You could also spend a few moments using Google to search the location where you plan to take your family vacation. You may be able to determine which places require a mask so you can better prepare.

Keep in mind that there’s nothing wrong with keeping yourself and your family protected by wearing them. Today, though, it’s more centered around personal preference.

Know the Destination of Your Family Vacation

Before you plan on hitting the road or boarding a flight, take some time to research your destination. Sure, you could follow brochures and “best of” websites. However, you may find some incredible local stores and facilities if you narrow the search on Google.

Perhaps your family loves book stores. Does the location have a unique book store that you don’t have in your area? Instead of visiting a chain store, you could find a unique local experience.

That’s just one example. By exploring the location online, you can get a feel for what’s available and the different venues your family would love to explore.

Are You Covered While Driving?

Many of us will opt to rent a car while on vacation. It’s a way to have freedom of movement instead of waiting for an Uber or Lyft driver. And in many cases, it’s a lot cheaper depending on how much exploring you plan on doing with the family.

Do you plan on getting additional collision coverage ?

More than six million car crashes occur every year, with 22% of crashes being weather-related . And because the weather is so unpredictable, it would make sense to make sure your family is covered while traveling.

Keep the Home Safe While On a Family Vacation

Perhaps one of the biggest loads off of your mind while on a family vacation is making sure the home is safe. I’m not merely talking about locking the door and turning off all the appliances.

Although, those are very important things to remember.

If you’re gone for a week, are you absolutely sure your home is secure during the time you’re gone? Before going on vacation, take steps to prevent burglary and other mishaps while you’re away.

The sheer amount of stress relief you’ll feel while on vacation is far worth every moment you’ll spend preparing the home.

What Kind of Family Vacation Are You Planning?

A family vacation is meant to reduce stress while helping to build bonds with those you love. These are moments that will last a lifetime, and you want to make sure everything goes according to plan.

Whether it’s protecting your home while you’re away or protecting your loved ones while on vacation, reducing stress will heighten the experience.

Vargas & Vargas Insurance offers top-rated insurance services that will help keep you and your family protected from unexpected events while you are on vacation! All our clients enjoy customized insurance coverage to match their unique needs, and we offer affordable prices. Contact us today to get a customized plan, or to just get the peace of mind that you desire!

How to Choose a Life Insurance Beneficiary | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 22 Apr 2022 21:33:00 GMT

If you are buying life insurance, you have a goal in mind. Maybe you want to support your dependents, pay your mortgage, or ensure your business continuity. But whatever the objective of your life insurance policy is, you have to name a beneficiary to receive the death benefits when you die. But how do you choose a beneficiary? Vargas & Vargas Insurance of Dorchester, MA, is here to guide you if you have no clue where to start.

Choosing a life insurance beneficiary

If you think your financial future is secure with a life insurance policy, it can be wasted if you choose the wrong beneficiary. So, like knowing how important it is to choose a suitable life insurance policy, naming a beneficiary is equally important.

Typically, your beneficiary can be your children, spouse, business partner, parent, or domestic partner. Sometimes, beneficiaries can even be organizations like trusts or charities. Also, when you have several people you want to protect financially, you can name multiple beneficiaries and divide the death benefits among them.

Before signing off the life insurance policy, your insurer will ask you to name the beneficiary. So, when you get that policy, ensure you have your list of beneficiaries beforehand.

To ease the decision of choosing beneficiaries, consider the following:

Who needs the benefit the most? Is it your child, spouse, sibling, or business partner?
Have you considered the applicable rules? Minors can’t receive money directly. Besides, different states have guidelines on who you can name.
If you are single, consider several options, including siblings and parents.
Sometimes, a person isn’t usually the best choice. Create a trust for your beneficiary, especially if the beneficiary is a minor or you don’t want disagreements in case of a divorce
Align your will’s beneficiaries with those in the life insurance policy

Still unsure who you will name as a beneficiary of your life insurance? You can always get in touch with Vargas & Vargas Insurance for guidance.

Captive Versus Independent Insurance Agents For Your Automobile and Home Insurance; An Honest Comparison | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 19 Apr 2022 11:23:00 GMT

When you’re shopping for insurance, knowing the different types of insurance agents is important as part of understanding whom you should work with.

There are two kinds of insurance agents — captive (who represents one insurance company) and independent (also known as an insurance broker).

Many online insurance companies, like State Farm, Allstate, and Liberty Mutual depend exclusively on captive agents, but some like GEICO and Progressive rely on a mixture of captives and independents.

Both types of agents can provide the kind of quality expertise you need to make one of life’s important financial decisions. But there are some big differences between the two.

Captive agents

Captive agents work directly for a single insurance provider and are limited to the products of that company. For example, if you call a captive agent who works for State Farm, he or she will market and try to sell you only State Farm products. How they get paid is set by their insurance company, and they are paid by that one company.

On the plus side, these agents are experts in what their insurance companies have to offer. But they cannot help a client who doesn’t need or qualify for their company’s products. And captive agents usually have quotas to hit to keep their job and earn bonuses. Although that’s not terribly different from independent agents, you might feel a bit more pressure to buy car insurance from a captive agent when all you really want is term life.

Independent agents

Independent agents, meanwhile, work for themselves and not any one insurance company. They sell policies from a variety of insurance companies, not just one, there is no increase in the premium to work with an independent insurance agent, and make most of their money through sales commissions and bonuses from the carriers.

Independent agents can save you some time by getting insurance quotes from a few different insurers, we have 11 insurance carriers that we can provide you with an insurance quote.

Which is best?

The type of insurance coverage you choose depends on your needs and your budget.

If you’re looking for multiple quotes from different companies, an independent insurance agent probably is the way to go. Vargas & Vargas Insurance can save you time and money, reach our agents at 617-298-0655.

Spring Cleaning & Maintenance Checklist to Prevent Home Insurance Claims | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 13 Apr 2022 11:41:00 GMT

Want to maximize your spring cleaning schedule to include maintenance items that can help prevent home insurance claims? Read on for some helpful tips!

Organize and declutter

Go through each room in your home and remove any objects that are not useful or needed anymore. Organize your storage space so that useful items are contained neatly. By preventing clutter from accumulating, you are reducing your fire hazards.

Store chemicals and other dangerous items out of the reach of children and pets

While you are going through your home, keep an eye out for any items that could be a potential source of danger for your children or pets. Look for medicine or cleaning chemicals that need to be stored in safe places. Consider adding child locks to certain cabinets to minimize the danger for children.

Create a Maintenance Schedule

Come up with a plan to help you prepare your home for general maintenance to help prevent serious issues down the road. Having a maintenance schedule helps you feel less overwhelmed by scheduling different services throughout the year, while also giving you peace of mind that your home will be up to date and as safe as possible.

Some must-include items for your maintenance schedule

Check your carbon monoxide and fire alarms. According to staysafe.org , carbon monoxide poisoning and fires are two of the leading safety hazards for homeowners. Make sure your alarms have fresh batteries and are in working order.
Change the air conditioning filter. Air conditioning filters are meant to sort out harmful particles such as dust and mold. By preventing the spread of mold you are keeping your house safer and your family healthier!
Inspect your roof. Check for missing shingles and clogged gutters. This helps prevent water damage to your home and its foundation.
Check Your Oil Tank. Unwanted oil tank leaks can cause a huge headache, especially because oil tank leaks are rarely covered with home insurance plans .

Stay one step ahead of your maintenance needs!

By keeping your house clean and up-to-date on maintenance, you minimize your risks of safety hazards and damages in the future. It’s worth it! Click here to read one of our earlier posts on Spring cleaning.

When you finish cleaning your house, give Vargas and Vargas Insurance Agency a call and we’ll help you clean up your insurance portfolio! One of our friendly and knowledgeable agents can review your home insurance , auto insurance, health insurance, and other insurance policies to make sure that you have all the coverage that you need, and at the right price. Don’t hesitate, call now – 617-298-0655.

Is Your Oil Tank Covered On Your Homeowners Insurance Policy? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 05 Apr 2022 12:21:00 GMT

Living in Massachusetts has plenty of amazing upsides, but you’re definitely taking a risk if you don’t have your oil tank covered on your homeowner’s insurance policy!

According to state records, over 700,000 homes are warmed by heating oil in Massachusetts, which makes us the second-highest state for residential heating oil consumption .

How Many MA Homes Are Covered If Their Oil Tank Leaks

Despite the heavy use of oil for residential heating, most homes are not covered with their basic homeowners’ policies, sometimes resulting in hundreds of thousands of dollars in costs for homeowners. In one recent story, an oil tank leaked on the property of a MA resident battling COVID-19, costing over $500,000 in damages .

We don’t want this to happen to you, but statistically speaking, you’re likely at risk. Data shows that only about 5% of homes in MA are covered in the case of an oil tank leak.

Given that there are 120 spills a year , we want to make sure you’re prepared in case you find yourself in this unfortunate situation.

How To Get Your Oil Tank Covered

Even though you may not have an oil tank leak on your current homeowners policy, the good news is you can relatively inexpensively add this coverage into your policy.

First, you must comply with the Homeowner Oil Heating System Upgrade and Insurance Law by ensuring your oil tank and valves are safe.

Once you’ve made sure your leak-prevention systems are in place, we can help you add oil leak coverage to your policy that covers you and any neighboring properties contaminated by a leak from your tank.

How To Prevent Oil Leaks In Your Home

Even if you decide to make the wise choice to get oil tank coverage, you can do your best to avoid finding yourself in this situation with regular maintenance checks to your home heating system.

The DEP provides a very useful PDF of Tips for Maintaining Your Heating System that’s free of charge. We’d recommend you print it out and include it in your regular home maintenance tune-up list . Commit to running through these checks regularly so you can spot warning signs and fix small problems before they become a huge ordeal.

We’re Here To Help Find The Right Coverage For Your Situation

Are you missing oil tank coverage on your policy, or are you curious about what else isn’t covered in your homeowners insurance ? We’re here to help.

Vargas & Vargas Insurance offers top-rated insurance services that will help keep you and your family protected from unexpected events on your rented property. All our clients enjoy customized insurance coverage to match their unique needs, and we offer affordable prices. Contact us today to get a customized plan, or to just get the peace of mind that you desire!

What A Home Insurance Policy Doesn’t Cover | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 23 Mar 2022 13:40:00 GMT

Is your home insurance policy covering you when you need it most? If you’re like most people on a “standard” home insurance plan, there are several things that aren’t actually covered with your policy!

Don’t worry – you’re about to find out what a home insurance policy doesn’t cover, and how you can quickly make a few updates to your plan to make sure you’ve got the coverage you need.

Before we get into that, take a quick inventory of what you’re hoping is covered in the case an unfortunate event presents itself to you. As we take a deeper dive into what isn’t covered, you’ll be able to quickly identify whether you’ll need extra coverage or if you’re in the clear!

What Doesn’t A Home Insurance Policy Cover?

Most home insurance policies don’t cover the following:

In-Home Businesses
Floods
Earthquakes
Vehicles used for business
High-value Jewelry.

Take a quick look at each in more detail, and how you can protect yourself.

In-Home Businesses Are Not Covered By Your Homeowners Insurance

Did you join the recent surge of people deciding to jump into at-home work, including freelancing, or even starting a business that’s based in their home? Whether you’ve just started or you’ve been at it for years, many people are unprepared for a sudden loss to their business equipment.

Don’t let that be you!

There are several ways to get your business property covered if you’ve got a home-based business.

According to the Insurance Information Institute (III), you can:

Add a Policy Endorsement to your existing homeowners insurance. This simple endorsement is a simple way to increase your coverage to include business property. If your policy has minimal coverage for business property already (as some policies do), this can be a low-cost way to get the coverage you need.
Add an In-Home Business Policy. This policy is for you if you need more comprehensive coverage for business equipment and have a need for liability coverage for your business. It can be a life-saver if you need to recoup costs beyond simple business property, such as loss of important papers, records, income, etc.
Add a Businessowners Policy (BOP) . If you’re a small/mid sized business that operates out of more than one location (including your home), you’ll want to consider the broader coverage offered by a BOP.

Be Careful: Floods Are Not Covered In Most Home Insurance Policies

This one is slightly tricky, as most people don’t think they live in an area susceptible to flooding.

However, “flooding” can mean many things in your insurance policy. For example, a failed sump pump or water damage due to a clogged drain are generally not covered in a standard home insurance policy.

Many people have been saved by adding a separate flood insurance policy , as there is some gray area in standard policies, and they chose to be safe rather than sorry!

Earthquakes Aren’t Covered

Earthquakes are on the rise, according to data compiled by the National Oceanic and Atmospheric Administration branch of the US Government (and shown in this chart ). Despite this, earthquakes are not covered by most home insurance policies.

If the thought of an earthquake hitting your area makes you tremble a little, you may want to consider specific earthquake coverage to be on the safe side.

Vehicles used for business

Not surprisingly, vehicles used for business are not covered in a homeowners policy, even if the damage to the vehicle happens on your property.

High-Value Jewelry

Jewelry-lovers take note! If you’ve got jewelry valued at over $2,000, there’s a good chance your homeowners insurance will not cover these pieces.

To make sure you’re covered, you can easily add on additional coverage into your policy to account for the loss if something should happen to your valuables.

We’d recommend learning about coverage for commercial auto insurance if you own vehicles used for business, or check with your employer to ensure they have the correct coverage.

We’re Here To Help Find The Right Coverage For Your Situation

Don’t be alarmed if you’re in any of the categories above. Everyone’s situation is unique, and you deserve to be informed about what is – and what isn’t – included in your coverage.

Let’s talk over your current policy and make sure you’ve got everything you need for your situation.
Contact us today to get a customized plan, or to just get the peace of mind that you desire!

Homeowners Insurance Facts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 10 Mar 2022 14:37:00 GMT

If you own and home or condominium with an outstanding mortgage, you are required to carry homeowner insurance. But, if you are thinking of purchasing one, you should know what insurance policies cover and don’t cover you for.

Some Loses are not a Part of Home Insurance

If you plan to purchase home insurance, you need to know that standard policies don’t cover earthquakes or floods. In these cases, you may need to add the coverage to your home or condominium policy or purchase separate policies that offer you coverage for these perils.

Some Dog breeds can make it Challenging to Purchase Comprehensive Insurance

All homeowner’s policies give you coverage if your dog bites someone. This way, the liability portion of your insurance saves you from financial ruin. But some insurance providers refuse to offer coverage to homeowners who have dogs with different breeds like Rottweiler and bulls. Therefore, you may have to dig a bit deeper to find the right insurance policy that will also cover you for dog bites.

Polices Can Cover Plane Crashes

Of course, there are chances of a plane falling from the sky onto your house, but some insurance companies still offer you coverage for this. They even offer you a plan for several things that can fall from the sky, including the tree.

Food Spoilage Coverage

A power outage can occur due to several problems. When your fridge is not working, your stored food may get spoiled in a few hours. Some insurance policies offer food spoilage coverage, this kind of coverage will pay you for your spoiled food.

Volcano Damage Plans

It might surprise you, but there are home insurances that cover volcanic damage. If you live near volcanic mountains, this plan is beneficial for you. Even if the volcanoes have been dormant for centuries, it still has some risks. Well, it’s better to save yourself than feel sorry.

Birds Damages and Vermin

Any damages caused by birds, Racoons, or squirrels making their way into your attic are not part of standard homeowner’s insurance plans. Whether wild birds have made a nest on your roof or have damaged your windows, you have to make repairs and replacements all by yourself. The best way to prevent further damage is to call animals experts like Clancy Bros Pest Control who can help you get rid of these creatures.

The Bottom Line

These homeowners insurance facts may have encouraged you to read the policies and plans carefully to get the coverage you are looking for. You can also read our blog on Home insurance terms you need to know..

At Vargas & Vargas Insurance, we offer top-rated insurance services that will help you keep your business safe during the winter season. All our clients enjoy customized insurance coverage to match their unique needs as we offer affordable prices. So contact us today for a free quote.

A Brief Guide to Classic Car Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Mar 2022 20:11:00 GMT

If you have been thinking about buying a classic car in Dorchester, MA, you will want to ensure you are familiar with classic car insurance requirements and differences when compared to standard insurance. Vargas & Vargas Insurance shares some information you need to know.

What Are the Eligibility Requirements?

Most auto insurance companies will have a set of eligibility requirements for a classic car insurance policy. It is not generally required for your classic car to meet a minimum value, but it is usually required for your classic car to be of higher value now than when it first came out on the market. Further, your car should be at least 10 years old in order to qualify for classic car insurance.

The condition of your antique car will also be taken into consideration. It needs to be currently running (or close to it) and be in good condition overall. You will also be required to keep your vehicle stored in a secured indoor environment. Mileage will also need to stay low with a possible maximum number of miles being permitted.

How Is a Classic Car Insurance Policy Different Than the Standard Policy?

With both forms of auto coverage, you are protected while on the road with collision, comprehensive, and liability offerings. With classic car insurance, though, the policy is focused more on the particular needs of an antique vehicle. As the value amount of your classic car increases, you can make adjustments to your insurance policy. A classic insurance policy will also take into consideration the fact that it will cost more to repair or replace your vehicle if involved in an accident.

If you are interested in classic car insurance in Dorchester, MA, contact the team at Vargas & Vargas Insurance for a quote.

Insurance Check-Up | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 22 Feb 2022 21:07:00 GMT

Insurance Check-Up

Life Changes and it’s Time for an Insurance Checkup

Having insurance policies is vital to gain great security and protection from unexpected problems. Ensuring everything in your life at an early stage is also a great idea.

While getting yourself and your house, vehicle, and assets insured is vital, you also need an insurance checkup to review your policies yearly. This allows you to ensure that the insurance coverage will be of help to you when your circumstances and lifestyle change. But if your insurance doesn’t cover you as it should, you need to make some changes to the policies or, even purchase new policies to cover your changing needs.

Here are some reasons why you need to opt for an insurance checkup.

Change in Family Status

Are you planning to get married or expect a baby? It would help protect your growing family by purchasing the right insurance plan. Insurance checkups will allow you to ensure whether the coverage is enough to support your entire family when you are not around. The loss of a family member through disability and death is also the right time for an insurance plan review.

Remodeling or Moving Your House

If you plan to remodel your house, your house value will surely increase. Similarly, if you move from the house, you might own a property with a higher value than the one you have before. Since your assets have increased, you need an insurance plan that covers these assets.

Retirement Time

When you decide to retire, you need something to rely on for your future expenses, especially final expenses, it’s vital to choose the right insurance plans to protect you properly. It would also be helpful if you had the proper insurance that will pay for your funeral, medical care, and debts.

Chance in Assets Value

Many people insure their jewelry and other assets to get the money if they get damaged or lost. But they forget the fact that these valuable assets increase over time. By keeping the coverage updated regularly for these valuable assets, you are protected in the event you lose them or they are stolen.

Discounts

Many insurance companies offer discounts on different insurance plans. This way, you can purchase the right insurance plans at much lower prices. So, if you have not received your discounts, it’s time to have an insurance checkup.

Bottom Line

Whether it’s life, house, vehicle, or assets insurance, insurance is not something that you purchase and forget. You need to always look for ways to lower your premiums and avail optimal benefits from your policy. For this purpose, you need to opt for an insurance checkup.

Missing Coverage

If you have any assets at all, an umbrella policy is a valuable protection. Home insurance and car insurance policies have liability limits that are often not high enough to protect you adequately. If you are found to be at fault beyond your liability limits, you may be required to pay the remainder of the money out of pocket. It could take all of your savings and assets and even your future assets to make that payment.

This will help you look for flaws in your insurance and allow you to get the features that you don’t have. Not only this but practicing this method can help you lower your premiums and get interesting discounts and offer. So, if you currently have any insurance, consider reviewing it.

At Vargas & Vargas Insurance, our clients enjoy customized insurance coverage to match their unique needs at incredibly affordable prices. Contact us today for a free insurance review or quote.

How Flood Insurance Works, How Much Does It Cost, and How It Protects the Homeowner How flood insurance works and what it covers and costs if your standard homeowners’ insurance policy doesn’t cove...

duda@levitateapp.com — Tue, 15 Feb 2022 20:37:00 GMT

Many homeowners in Massachusetts don’t know that their standard insurance policies don’t cover flood damage. Flood insurance is a separate policy designed to protect and compensate property owners for physical damage caused to a property’s structure and personal belongings.

In this post, we’ll share how flood insurance works and how it protects the homeowner. Using this information, you can determine if you need flood insurance and learn where to get it.

What Flood Insurance Covers

Depending on your policy, flood insurance coverage can pay up to $250,000 for structural damage and $100,000 for personal possessions. Filing a flood insurance claim is no different from filing a regular claim on your homeowners or car insurance. Following your claim application, an insurance adjuster will survey the damage, after which you’ll have to submit a “proof of loss” form, which contains every damaged item within 60 days.

Here’s a breakdown of the coverage:

Structural Damage

Flood insurance provides replacement cost coverage for primary residence and actual cash value coverage for vacation homes. A standard policy pays for structural damage to a building’s foundation, cracks or bulging in walls and ceilings, damp floors, roof, etc. Some policies can also cover damage caused to plumbing, heating and cooling, and electrical systems.

Personal Property Damage

Apart from structural damage, flood insurance also covers damage to furniture, window treatment (curtains, drapes), electronic appliances, art, and other valuables. However, in this case, coverage is offered on an actual cash value basis only, meaning insurers will take depreciation into account.

What Flood Insurance Doesn’t Cover

The following is a list of items not covered by a flood insurance policy:

Mold damage
Currency, precious metal, and documents
Outdoor property like gardens, decks, patios, sewage systems, pools, etc.
Temporary accommodation in extreme flood cases
Vehicles

How Much Does Flood Insurance Cost in Massachusetts?

The cost of flood insurance premiums in Massachusetts varies according to your city and your property’s location. The rule of thumb is, the closer your property is to a high-risk flood zone, the higher the premium. On average, residents in the Bay State who are in a preferred flood zone will pay around $550 per year, but someone who is in a federal flood zone will pay an average $1,300 per year for about $250,000 in coverage.

How to Get Flood Insurance

Now that you know how flood insurance works and what it covers, the next step is to purchase a policy. The Federal Government provides flood insurance through the National Flood Insurance Program (NFIP), run by the Federal Emergency Management Agency (FEMA). However, they do not sell insurance policies directly but through private insurance companies. A local insurance agent or company in Massachusetts can help you purchase a policy from the NFIP. Once approved, it takes around 30 days before the policy goes into effect unless you purchase flood insurance while taking out a mortgage.

Protect Your Property with Vargas & Vargas Insurance

At Vargas & Vargas Insurance, we offer top-rated insurance services that will help you keep your property safe and protected from a flood. All our clients enjoy customized insurance coverage to match their unique needs, and we offer affordable prices. Contact us today for a free quote.

Home Renovations That Might Lower Your Massachusetts Home Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Feb 2022 20:36:00 GMT

When you are getting ready to renovate your home, you may be thinking of additional costs such as your home insurance. Some improvements will typically lower your home insurance rates.

At Vargas & Vargas Insurance, we want Dorchester, MA homeowners to get their home renovations done right.

If you are thinking of renovating, you may want to add these modifications to your home to help with your Massachusetts home insurance policy.

Alarm System With Monitoring

When you have an alarm system on your home, with the audio or video monitoring, you increase your security. You are likely to see a reduction in insurance rates with an alarm system from an approved company.
You may not need to get your alarm company approved but check with your provider. Adding an alarm system during home renovations will also keep your new changes secure from safety threats.

Install a Sewer Backup Valve

Sewer backup is a significant home insurance risk. You can even update your home insurance policy to include coverage for this, as the costs are exorbitant.

Adding a sewer backup valve is easy, and can help you in the event of a sewer backup disaster. When water has nowhere else to go, it will come into the home. This is an expensive problem, and your insurance company knows this. Add a valve to the sewer and this could save you from this problem, and also from insurance costs.

Install a Sump Pump

A flood in the basement is a disaster. If you don’t have one already, a sump pump is a very affordable way to prevent flooding when bad weather hits. Overland flooding in Massachusetts is on the rise and could lead to an increase in claims. Add one to avoid this mess, and to potentially lower your home insurance costs.

Get a Quote

When you are renovating your home, you need to talk to your insurance company or update your home insurance policy. At Vargas & Vargas Insurance, we want Dorchester, MA homeowners to have the most thorough policy, through every change in love. Call us for a quote and update your policy today.

Winter Driving And Car Accidents | Blog | Vargas & Vargas Insurance | |

duda@levitateapp.com — Tue, 15 Feb 2022 18:51:00 GMT

Winter is a good and delightful time of the year. It brings snow to make a cute snowman and enjoy a snowball fight with our friends and family. However, these attractive aspects can make winters dangerous for drivers. As the days get colder, the risk of road accidents increases. Therefore, taking precautionary measures and driving with complete focus is important to save your life. The NHTSA mentions many tips on their website, and here are some tips and tricks to drive your vehicle during cold weather safely.

Winter Driving Tips

Drive Slowly and Super Smoothly

The trick to safe winter driving in snow is being smooth with your accelerator, steering wheel, and brakes. Every push of the brakes, turn off the wheels, or throttle movement needs to be gentle, deliberate, and gradual. It would help if you tried to be as slow as you could while driving the car.

Avoid Involving in Distractions

Most accidents happen when the driver is distracted doing other things while driving. Therefore, avoid talking to the passengers when driving in extremely cold weather, never use your phone, eat food, or listen to music at high volume. You need to avoid every type of distraction if you want to avoid an accident.

Turn On Your Lights

Turning your lights on will help other drivers on the road to see you from far. Headlights can also make your vehicle visible on extreme fog days. This way, whenever other drivers notice you on the road, they will drive carefully around you.

Avoid Driving in Harsh Weather

This is another very important winter driving tip. Driving in winters can be extremely challenging. So, if you find yourself not having to drive in dangerous weather conditions, don’t push yourself to drive in these circumstances. Cancel your journey as soon as possible and head back to your house. If the weather is too harsh to get back to the house, go to the nearest place to relax until the condition becomes appropriate for driving.

Do You Need to Report Accidents?

Many people don’t report accidents if they are not serious. But this is a wrong approach. Not only do you reduce your chances of getting insurance coverage, but you can also save others. Wondering how? Well, report accidents to the authorities in your area to find ways to solve the problem. They first try to find the cause of your accident and then opt for different ways to resolve the issue. So, even if you had a bad experience, you can save others from going through the same trauma.

Wrapping Up

Besides the mentioned winter driving tips, you also need to install high-quality tires in your vehicle. It’s also vital to check the weather conditions before stepping out of your house. If you can, keep some important things on you while traveling long distances at night. This includes extra batteries, a torch, water bottles, and snacks. So, if you have to spend the night in your car on the roadside, you will have all the essentials to pass the night. Click here to read more.

Vargas & Vargas Insurance understands that sometimes you may not be able to stay off the roads and things happen. That’s why, as a premier local independent insurance agency, we strive to build the relationships necessary to customize your insurance coverage to your needs at the right price. Contact us today .

Taylor Swift Contest | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Feb 2022 18:44:00 GMT

We have a pair of Taylor Swift concert tickets (section 136, 3rd row from the field, awesome seats) to give away for her concert on Friday July 26, 2013 at 6:30PM at Gillette Stadium.

Taylor Swift Contest Rules

Stop by one of our two offices in either Stoughton or Dorchester, starting this Friday December 7th
Drop off a food item for one of the food pantry charities that we are supporting, AND/OR a toy for the US Marines, Toy’s for Tots charity we are also supporting.
Have your photo taken with one of our agency staff and the items that you’re donating
Post and tag the photo on our Vargas & Vargas Insurance Facebook page

Each item you donate is an individual entry into the contest, the more visits you make with items, the more entries you have in the contest.

The contest ends on Wednesday December 19 ^th , the winner will be announced Thursday December 20st on Facebook.

So…make sure you get to one of our offices and help us support these wonderful charities, you may just make someone’s Christmas a little bit more exciting!

Thank you AND Good Luck!

No purchase necessary to enter this contest.

Preventing Frozen Pipes at Your Home and Office | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Feb 2022 17:45:00 GMT

Cold temperatures can mean frozen pipes and finding solutions to prevent bursting pipes and flooding of your home are very important. Water will expand in the freezing environment, while metal pipes get a contract in colder days. Since the water in the pipe responds to winters oppositely, this causes pipes to damage or burst.

Here we have mentioned some simple and accessible tips that you can use to prevent this problem in your home and offices.

Add Insulation to Different places

Adding insulation to basements, attics, and crawl spaces will help you get higher temperatures in these areas. Not only will this help you live comfortably in your house, but it also keeps your pipes in these spaces from freezing.

Close Garage Doors

Most people keep their garage door open while doing a different task. However, this can lead to great problems if you have a water supply in this area. The cold and freezing air can reach the pipes and cause them to freeze. Closing all the passages for wind can help you maintain a warm environment around the pipes.

Allow Water to Drip from Faucet

You need to keep open one or two faucets in your house or office throughout the winter weather. Running water through the pipe prevents water from freezing by staying in one position. Of course, you don’t need to open the faucets, allowing faucets to trickle completely will do the trick.

Seal Leaks

Hire an expert to identify air leaks in your house and office, especially near the pipes. Ask the experts to use different methods to seal leaks around the windows, doors, and electrical wiring. You can also use insulation or caulk to keep the cold air out of your personal space.

Open Cabinet Doors

This might look like a bizarre idea, but it can help you save yourself from great troubles. Keeping your cabinets open in winter will allow heat to get to the pipes present in your walls. This technique is more important for pipes under appliances and sinks that have more risk of bursting.

Drain Outside Water Lines

Water lines in uninstalled or unheated areas have more risk of freezing. Since the outside pipes and water lines are more exposed to freezing weather, you need to drain them before winter. So, prepare your water lines and empty them before winter.

Drain Water from Swimming Pool

Water in a swimming pool can get frozen, which can freeze other pipes connected to a swimming pool. Draining water from your house or office pool will save your pipes from getting affected by the freezing wind. Make sure to do this task before winter knocks on your door.

Wrapping Up

Frozen pipes can ruin your day, as it can lead to costly repairs. Not to mention, bursting frozen pipes also waste your time and effort that you can use for some productive work. So, it’s vital to prepare your water lines for this problem, rather than getting into trouble. For this, you can keep your cabinets open and the garage door close to maintain a warm temperature. Also, you can seal leaks and insulate different spaces in your office and home.

Protect Your Property with Vargas & Vargas Insurance

At Vargas & Vargas Insurance, we offer top-rated insurance services that will help you keep your property safe and protected. Should you suffer a frozen pipe that you need help with, we are but a call, text, or email away. All our clients enjoy customized insurance coverage to match their unique needs, and we offer affordable prices. Contact us today for a free quote.

What Is Umbrella Insurance, and What Does it Cover and Cost? Umbrella Insurance Cost and Coverage?

duda@levitateapp.com — Tue, 11 Jan 2022 11:54:00 GMT

Sometimes, a standard homeowners or automobile insurance policy isn’t enough to get you out of financial trouble, especially in the event of a huge and potentially devastating liability claim above the liability limits of your policies. This is where Umbrella insurance coverage comes to the rescue and helps avoid or minimize the financial repercussions of major property damage or extensive bodily injuries caused by you.

In this post, we’ll briefly share what Umbrella insurance is and what an Umbrella insurance policy does (& doesn’t) cover so you can decide whether it’s time for a policy upgrade.

What is Umbrella Insurance?

Think of Umbrella insurance as a fail-safe for your financial assets in the event of a liability lawsuit that extends your homeowners’ and automobile’ policy’s limits. An Umbrella policy can help anyone, especially those found legally responsible for causing extensive property damage and/or injuries to other parties. The following are some incidents that may require an Umbrella policy:

Your dog runs out of your apartment or home and viciously attacks a pedestrian or neighbor. They can sue you for medical bills, emotional distress, and lost wages.
Your teenage son or daughter throws a party on your property while you’re away. An underage guest gets arrested for driving under the influence, and you get sued for negligence.
A potential homebuyer visits your property on a rainy day and slips and falls down the stairs because of a roof leak.
You injure someone in an auto mobile accident, and they sue you above the limits that you carry on your automobile insurance policy.

What Umbrella Insurance Covers

Umbrella insurance covers damages beyond standard homeowners and automobile insurance policy limits as well as claims not covered in liability policies. Here’s a breakdown of the coverage:

Bodily Injury

Regardless of the cause, an Umbrella insurance policy will help cover the medical bills and/or lawsuits that exceed your insurance limit.

Property Damage

If you accidentally damage someone’s property or personal belongings with repair costs exceeding your insurance limit, Umbrella insurance can kick in to cover the remaining cost. For instance, if you lose control while driving and crash into your rental home, this additional policy could help cover for restoration.

Legal Costs

In the event of a lawsuit, and Umbrella insurance policy will cover your lawyer fees when you have to defend yourself in court.

What Umbrella Insurance Doesn’t Cover

The following is a list of items not covered by an Umbrella insurance policy:

The policy holder’s personal property was damaged in an incident
Business losses
Criminal or intentional damage-causing actions (arson, theft, physical assault, etc.)
Written or oral third-party contracts
▪ Flood and earthquake damage

How Much Does Umbrella Insurance Cost in Massachusetts?

The cost of Umbrella insurance in Massachusetts varies based on two essential factors – Your insurance limit and risk exposure. You can buy Umbrella liability policies in increments of $1 million. The higher the limits, the higher the coverage costs. Similarly, insurance companies evaluate risk exposure based on the number of properties and vehicles/watercraft, driving record, occupation, and age, among other factors. The higher your risks, the higher the coverage costs. On average, Bay Staters can expect a $1 million policy to cost around $160 to $500.

Get More Protection with Vargas & Vargas Insurance

At Vargas & Vargas Insurance, we offer top-rated Umbrella insurance policies designed to offer maximum compensation in the event of extensive property damage and bodily injuries. Our clients enjoy customized insurance coverage to match their unique needs at incredibly affordable prices. Contact us today for a free quote.

How a Renters Insurance Policy Protects You | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 04 Jan 2022 16:10:00 GMT

Are you planning to rent a residence in Massachusetts? Consider a renters policy to protect yourself against the financial impact of unexpected personal property damage, theft, and legal liability. A renters insurance policy is designed to do just that and help protect tenants, their personal belongings, and the occupied property from the financial aftermath of an unfortunate event or accident.

In this post, we’ll share how a renters insurance policy protects the renter so readers can better understand its importance and where to get the best coverage in Massachusetts.

What Renters Insurance Covers

A renters or tenant insurance policy covers renters from the financial repercussions of unexpected or unpreventable events on their rented homes or apartments. Here’s a breakdown of the coverage:

Personal Property Damage

Standard renters insurance policies cover Personal Property Damage in the event of a fire, smoke, vandalism, explosion, plumbing issue, and other listed disasters. You can opt for one of the two policies – Replacement Cost and Actual Cash Value. Replacement Cost covers the full cost of replacing damaged possessions, whereas Actual Cash Value takes depreciation into account, meaning the compensation will depend on your possessions’ usage and age.

Personal Liability

Personal Liability covers property damage and bodily injuries caused by you, your family, and your pets. In case of a lawsuit, the liability portion of a renters insurance policy can pay for medical bills and repairs, as well as the legal costs for your defense in court. The compensation amount typically starts at $100,000 but can be raised higher depending on your needs.

Additional Living Expenses

Additional Living Expenses (ALE) coverage pays for temporary accommodation and expenses when your rented home or apartment is undergoing restoration or renovation following damage. Typical expenses include restaurant bills, transport, hotel bills, and temporary rentals.

What Renters Insurance Doesn’t Cover

The following is a list of items not covered by a Renters insurance policy:

Pest infestation
Earthquake and flood damage
Vehicle theft or damage (Belongings inside the vehicle are covered)
Roommate property and personal belongings

How Much Does Renters Insurance Cost in Massachusetts?

Renters insurance rates vary according to the state and where you’re shopping from. The average cost of renters insurance in Massachusetts is $192, or about $16 per month. Your location in the state also influences your cost. For example, if your residence is a region prone to natural disasters like severe storms, floods, wildfires, landslides, you’ll most likely have to pay more than the average. Similarly, if your neighborhood has a crime rate, this will also affect your overall cost.

How to File a Renters Insurance Claim

The following are the main steps for filing a renters insurance claim. However, keep in mind that your claims process may vary on the type and extent of the damage:

Contact your insurance company or agent as soon as you and your family are secure (in case of fire, theft, vandalism, etc.)
Seek emergency repairs to secure the property’s structural integrity. Make sure all the damage is documented in writing with photos and video footage for proof of damage.
Answer all the questions related to the damage asked by the agent and insurance adjuster
Discuss your policy’s coverage with your agent to understand what applies to your situation and the compensation limits

Secure Yourself with Vargas & Vargas Insurance

At Vargas & Vargas Insurance, we offer top-rated insurance services that will help keep you and your family protected from unexpected events on your rented property. All our clients enjoy customized insurance coverage to match their unique needs, and we offer affordable prices. Contact us today for a free quote.

Factors that Affect the Cost of Home Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 28 Dec 2021 11:48:00 GMT

Your mortgage company will require home insurance for homeownership today. The insurance policy protects your house and possessions from harm and ensures that you can protect yourself from liability in cases of financial and physical loss.

However, since homeowner insurance rates vary from house to house, residents may like to know just how much they’ll be required to pay towards full insurance. In this article, we look at the factors that affect the total cost of home insurance. Study these factors to get an idea of how your insurance rate will be determined.

Area of Residence

Your area of residence is perhaps the biggest factor impacting the total cost of insurance. Homeowners in the state of Louisiana pay three times as much for home insurance than homeowners in Oregon. Natural disasters, political instability, and crime rates play a significant role in determining rates. Rates can vary from city to city, even within the same state.

Home Price

A home with a higher price often takes more to insure because the cost of rebuilding it will be higher. Coverage is provided with the cost of rebuilding in mind. Hence, insurers would like to know what your home costs right now.

Assets Covered

Your home insurance will cost more if you have collectibles and, like antiques, firearms, gold, and silver etc. have more things covered. Besides repair and rebuilding, you should include personal belongings, living expenses, and liability against lawsuits in your home insurance policy.

Home’s Age

The current age and condition of your home can also impact the total cost of insurance. Older homes often come with premium construction materials that are harder to replace. Older homes sometimes have outdated plumbing and electrical systems are also exposed to greater risk.

While the cost of home insurance can vary based on the factors provided above, it shouldn’t come as a deterrent to purchasing the right home coverage. Regardless of what it costs you to insure your home, your home is most likely your most valuable asset. You should purchase the right insurance from a local independent insurance agent to save yourself from huge losses down the line.

Should You Insure Your Pricey Gifts? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 06 Dec 2021 11:00:00 GMT

The hallmark of the holiday season is purchasing and exchanging gifts with your loved ones. It makes the festive season memorable. So before you stroll out of the jewelers with a $10,000 necklace, make sure you insure any pricey gifts.

Gifts like contemporary art, collectibles, and heirlooms also need insurance coverage. For such items, you can include them in your home insurance coverage with a scheduled floater, rider, or endorsement. Your insurance provider will take you through the steps.

Tips to Insure Your Pricey Gifts

The gifts like art and heirlooms that could increase in value, fur, and jewelry usually need receipts or an appraisal letter from certified professionals to get insurance coverage. Below are tips on how to get the right insurance for your expensive gifts:

1. Consider Standalone Policies for Your Expensive Gifts

If the person you’re gifting doesn’t have home or condominium insurance, then you can consider getting a standalone policy for that gift. It may even be beneficial to view a standalone policy. Here’s why:

If the gift is for business/work, then a standalone policy would be the best option.
If the gift requires a different policy, such as a classic car , a standalone policy also makes sense.

2. Get Special Coverage for Expensive Items That Gain Value

For expensive jewelry and contemporary art that will gain value, you need insurance cover with a rider paying the increased value if the item gets damaged or stolen. You can include such things in a home insurance policy if you live with your loved one.

A standalone policy may also apply here. To keep the policy in place, you will need to get an annual appraisal for two or three years.

3. Take Careful Consideration for Travel and Shipping

Always use a professional shipper and packer when sending fine art to ensure that it doesn’t get damaged before it arrives. Make sure your shipper has insurance to safeguard against theft or damage. The last thing you want is for your pricey gifts to be stolen or damaged before it reaches your loved one.

If you’re in the Boston, Massachusetts area, then you should check out Vargas & Vargas Insurance for all your insurance needs. We will customize your insurance coverage to meet your needs and price point, so feel free to contact us here .

Massachusetts Home Insurance – What You Need To Know About Home Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 02 Dec 2021 18:52:00 GMT

Purchasing a home is one of the biggest expenditures that you will have in your lifetime. Insuring this investment is one of the smartest things that a homeowner can do to protect it. Think of the amount of time that a homeowner spends residing in the home, that’s a lot of time for possible incidents to happen. What exactly entails home insurance coverage? What does homeowner’s insurance cover? We will cover these questions and how best to approach coverage below. Home Insurance can be purchased from Vargas & Vargas Insurance in Dorchester, MA.

Protection Against Damage

Home Insurance offers coverage under certain incidents or events such as house fires. If you lose items in a fire (clothing, appliances, etc.) these items would be covered in such an event. The insurance company will either cut you a check for the amount of the item or they’ll make arrangements to replace the item with the same or similar brand. This coverage also extends to the garage which would cover your car in case of a house fire that also damaged your garage or destroyed it.

Add-Ons

You can also purchase riders or add-ons to your home insurance coverage which will add protection for unique events such as flooding or storm damage. In either case of events, your insurance will also pay for your temporary stay abroad should you need to have your home repaired after an event. This temporary residence could be an extended hotel stay or renting an apartment or house for a few weeks.

Liability Coverage

Home Insurance also comes with liability coverage which can be purchased to varying limits. This portion of your policy covers events that happen either inside or outside the home which affect visitors or friends visiting such as a slip-and-fall accident or other incidents along those lines.

More Information

You can learn more about home insurance by contacting Vargas & Vargas Insurance in Dorchester, MA today!

3 Top Winter Business Insurance Considerations for Your Business Location | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 29 Nov 2021 11:00:00 GMT

As Boston-area business owners are preparing for the winter season, one thing every savvy business owner is looking at is their business insurance . On average, insured losses caused by winter storms are high, with a record of $2.1 billion in 2019 alone. The major factors that affect winter business insurance calculations include snowfall, blizzards, and winter damage.

Every business needs to get insurance against the risks caused by extreme climatic conditions, including theft of closed shops and vandalism. Here are the top insurance considerations for every business owner this holiday.

1. Wind Damages

The exterior of commercial properties may suffer the ravages of blizzards and winds that are a common occurrence in winter. It comes as no surprise that over 25% of homeowners’ claims result from wind damage. But it is even more rampant in commercial areas. So you need a policy that will cover such damage or include add-ons if needed.

2. Hail and Snow

Snowflakes in winter are a beauty, but they have their fair share of adverse effects on properties. They wreak havoc on pipes, fill up gutters, take down trees, and damage building structures. They can also cause damage to walls and roofs in severe cases. Therefore, having adequate insurance will help to prevent excessive burden and loss on regular business expenses.

3. Damage to the Utility Lines

Issues with water lines resulting in floods can invite a lot of expense that can be costly to your business. Therefore, be sure to reduce such an impact by having the right insurance cover. The best way to cater to such unusual occurrences is to have customized winter business insurance policies that apply to all the potential risks in the location your business is situated.

At Vargas & Vargas Insurance, we offer top-rated insurance services that will help you keep your business safe during the winter season. All our clients enjoy customized insurance coverage to match their unique needs and offer affordable prices. So contact us today for a free quote.

How to Protect Your Home During Holiday Travel | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 16 Nov 2021 11:00:00 GMT

With the holidays fast approaching, you might be planning a trip . It might be to visit family members or take a much-deserved vacation. As you’re packing for holiday travel, you need to take a minute to consider ways to protect your home while you’re gone. Here are a few tips.

1. Tell Your Neighbors

Talk to a neighbor before you leave and let them know you’ll be gone. They can keep an eye on your home and contact authorities more quickly if something goes wrong when they know you’re not home.

2. Don’t Tell Social Media

Many people enjoy sharing every moment of their trips with social media. However, it’s best to wait until you return home to share those vacation photos. You don’t want to advertise that your home is empty for an extended period of time.

3. Update Your Alarm System

If you don’t already have an alarm system or your system needs an update, then this is the ideal time for it. A new alarm system or update can even help you secure a discount on your homeowner’s insurance.

4. Use a Timer to Turn Interior Lights On and Off

A potential burglar will pass home when there are lights on inside. If anyone is watching homes in your neighborhood, they’ll see the lights going on and off at times to give the impression that you’re at home.

5. Check All Your Doors and Windows

It’s easy to forget to lock a window when you close it in the fall after enjoying a cool breeze. This makes it essential that you check all the windows and doors in your home to make sure they’re locked and secure before leaving home for holiday travel.

Vargas & Vargas Insurance is a premier local independent insurance agency. Our goal is to ensure that we offer the best insurance products to our customers. You have specific needs, and we strive to customize your insurance policy to meet them at a price point your budget can handle. Our team is always ready to answer your questions and concerns, so contact us today .

3 Reasons Why You Should Trim Your Trees Before the First Snowfall | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 11 Nov 2021 17:00:00 GMT

Most Boston-area homeowners don’t realize how important it is to trim your trees before the winter season. After all, there is very little information about winterizing the landscape to minimize potential damage. The truth is that nature has its fair share of adverse effects on properties. It would be best for every homeowner to be ready for such seasons and protect their homes .

Trimming trees in winter is one of the best ways to maintain safety and control the size of trees. It can also help to create appealing shapes to make your landscape look organized. Full-swing winter is likely to remove all leaves, and it makes the best time to rethink tree trimming. Here is why.

1. Reduce Tree Exposure to Pests and Diseases

Winter months are prone to various pests and diseases. You can reduce the infection of your trees by pruning as a measure to regulate diseases. There are other reasons why winter is the best time for pruning. For example, you will require pruning of oaks due to oak wilt and beetle infestations .

2. It Preserves the Appearance and Value of Your Property

You can shape your trees to make them look stunning and align with your home landscape. Therefore, pruning allows you to remove branches hanging in the walkways or help to promote growth.

The damage caused by overhanging branches to your house is also significantly reduced to save on your insurance coverage. Insurance agencies will consider all security risks when assessing damage to your home caused by trees during winter.

3. Reduce Stress for Your Trees

Most trees go dormant in winter. Therefore, it is the perfect timing to trim to ensure you preserve the tree’s energy for healing and growth once the season passes.

Vargas & Vargas Insurance is a top-rated local independent insurance agency. We cater to client-specific needs and have customized insurance coverage at competitive prices. Contact us today to learn more about our services.

Everything You Need to Know About a Condominium Master Policy | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 01 Nov 2021 11:00:00 GMT

A condominium master policy is an insurance policy that the condominium association purchases, and the unit owners routinely share the cost. It is a policy that protects the ground of a unit, the common areas, and the unit owner’s personal belongings. The policy also offers liability protection in case there is an accident within the unit’s walls.

A condominium master policy has effects on both the condominium association and the condominium unit owners. The coverage of the condominium master policy, however, is dedicated to the master deed of the association.

Like other insurance policies, policyholders can decide on the three main plans depending on their preferred coverage :

1. Bare Walls-In Coverage

Bare walls-in coverage is the plan with the smallest area of coverage. It covers the physical or actual structure of the condominium. This includes the materials used to construct and erect the building. But bare walls-in coverage does not cover anything inside the unit. So it becomes the responsibility of each unit’s owner to seek additional coverage.

2. Single Entity

This plan covers everything listed on the bare walls-in coverage and some types of built-in property, such as fixtures and finishes. These fixtures and finishes must be original to the unit and not anything that the unit owner added.

3. All-In Coverage

This policy covers all the elements listed above. It also includes all the fixtures and structural elements associated with each unit, including in-built appliances and upgrades by the unit owner.

Advantages of organizing a master condominium plan are that:

It makes it easy for the developer to sell or separately finance different portions of the premises.
It makes it easier for sub-residential condominium owners to get mortgage financing.
Residential condominium developers have control over portions of residential sub-condominiums for longer than the period outlined in the Georgia Condominium Act. The developer will have control over the master condominium association, which maintains all the building structures.

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. Our team will customize your insurance coverage to your specific needs at the right price, and we’re also here to answer all your insurance questions. So contact us today.

4 Amazing Tips for Preparing Your Car for Winter | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 25 Oct 2021 11:00:00 GMT

Approximately 2,000 people die each year, and 135,000 are injured in the United States due to snow and ice on the roads. Driving under such conditions is dangerous, but unfortunately, drivers do not take the time to learn seasonal driving tips. This makes driving a vehicle a lot more difficult than usual. It is important to get the car ready with the best auto insurance and ideas to keep your expenses low. Here are great tips that will help you overcome cold weather challenges as you’re preparing your car for winter.

1. Check the tread and air pressure of the tires

During winter, the condition of your car’s tires is paramount to its performance. Proper air pressure helps the vehicle to roll and have adequate support at all times. The rubber must also have a healthy tread to keep enough traction on the ground.

If you realize the footprints of your car tires have too much wear, replace them. It is also wise to buy all tires from one source to ensure the balance of your car and avoid accidents. Check the pressure of the tires frequently during winter; tires tend to lose pressure more easily if the temperature drops beyond zero.

2. Fill up the fuel tank

You cannot be too sure of accessing gas stations during winter. Some streets will probably be filled up with snow during winter, limiting the number of gas outlets you can access. Therefore, keep your fuel tank full at all times to avoid inconveniences. A full tank will also save you the time and effort of driving around looking for a gas station, further reducing the cost.

3. Use snow tires

Using regular tires during winter is not a good idea. The texture of snow, rock salt, and ice can take a toll on rubber, which will force you to spend more on tires due to wear and tear.

4. Make sure you have up-to-date insurance

To stay safe in winter driving conditions, have your car insured and protected from as many conditions as possible. Consult Vargas & Vargas Insurance for amazing deals that will keep you safe and at peace throughout the season.

Vargas & Vargas Insurance is one of the premier local independent insurance agencies in the area; we work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price and are here to answer all your insurance questions. Contact us today to start preparing your car for winter and every other season.

4 Winter Home Protection Tips to Keep Your Home Safe | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 18 Oct 2021 11:00:00 GMT

With your pumpkins carved and visions of the holiday season on your mind, you know winter is right around the corner. This makes it a great time to get your home ready for the upcoming colder months. Here are a few winter home protection tips to get your home ready for the winter.

1. Clean the Chimney

According to Bob Vila , a home improvement expert, there are more than 25,000 home fires each year that start in the chimney, costing around $125 million in property damage. Cleaning your chimney should top your list so that you’re ready to build a fire on the first cold night.

2. HVAC Service

You want your home’s heating system to be in tip-top shape when the cold arrives. HVAC service saves you money by changing the air filter, calibrating the thermostat, and identifying small repairs before they become big problems.

3. Replace Batteries in Fire Alarms and Install Carbon Monoxide Detectors

With colder weather and shorter days, your family spends more time indoors. There is an average of 346,800 house fires each year. You want to keep your family safe, so it’s a great time to replace the batteries in fire alarms and carbon monoxide detectors. You can also replace damaged ones or install them in areas that don’t have coverage.

Pro Tip:

Check with your homeowner’s insurance provider. You might get a discount for installing additional smoke alarms.

4. Trim Tree Limbs

Your trees grew during the spring and summer, and you might have tree limbs overhanging your roof. It’s time to trim those limbs before winter storms and ice cause them to fall on your roof or damage your home in some other way.

Once you’ve finished with these winter home protection tips, it’s also a great time to review your homeowner’s insurance to ensure you have the best coverage and pricing. Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price, and we’re here to answer all of your insurance questions. Contact us today .

Moving? Here’s What You Should Do With Your Renter’s Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 14 Oct 2021 11:55:00 GMT

Renter’s insurance is an affordable and simple way to protect your personal property while you are renting. Most plans cost well under $20/month for thousands of dollars in coverage.

So, why would you let this coverage lapse when you are planning a move? Don’t do it! There is a much better way to handle your current renter’s insurance policy. Let Vargas & Vargas Insurance handle your renter’s insurance policy, and we’ll make it easy to switch your address from one location to the other, in Dorchester, MA.

Reevaluate Your Coverage

Most landlords will require their tenants to keep a renter’s insurance policy that covers $100k in property damage. Some of these policies include your personal property, some do not. Check your policy notice for more information. If your policy does not cover your personal property and you have decided you want that coverage, it is easy to reevaluate your needs and weigh them against affordability and practicality.

You can receive assistance with choosing a new, or expanded, renter’s insurance policy by giving the team at Vargas & Vargas Insurance a call. We are a trusted insurance broker in Dorchester, MA, and have been pouring our insurance solutions into clients for many years.

Switch Your Coverage from One Address to Another

If you are satisfied with your current coverage and insurance policy, an easy step as part of the moving process is to just switch addresses! It’s as simple as giving your friendly agent at Vargas & Vargas Insurance a call.

In order to allow time for the address change to go through, it is ideal to speak with your agent several weeks in advance of the move. Be prepared to give a new address and a start date for coverage on your new home. From there, you can receive a confirmation of your renter’s insurance policy to present to your new landlord!

Does My Home Insurance Cover a Flooded Basement? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 04 Oct 2021 11:00:00 GMT

Your home is a haven for you and your family. When floods happen, the last thing you want to hear is that your flooded basement isn’t covered. At such a time, safety and getting help are your priorities.

What many homeowners do not know is that having a home insurance policy is crucial. On the other hand, even those with home insurance aren’t always aware if it covers flooding and to what extent they will be compensated in case of such an event.

To understand how insurance works and know if your policy covers flooding, our professionals at Vargas & Vargas Insurance are on standby to simplify the process for you. We listen, advise, and guide you in making an informed choice.

What Is Flood Insurance, and Do Insurers Provide a Flood Policy Cover?

Flood insurance is any policy that covers your home, electronics, and other important belongings from losses occasioned by flooding. Generally, it comes as a separate cover due to the high risk involved. But it may vary from company to company.

New developments in the mortgage industry within Massachusetts require lenders to ask for flood insura n ce , and several insurers have developed appropriate packages for homeowners. These new developments point to a higher risk of flooding, and the lenders want to protect their investments. On the other hand, taking the cover as a homeowner puts you at ease if flooding happens.

Why Flood Insurance Is Necessary

Generally, home insurance covers you from any damage that may occur. The different policies have several aspects that detail what is covered and to what extent. Flood insurance is a specific home insurance cover that will cover you when flooding happens, including if you have a flooded basement.

To choose the ideal policy, it is a good practice to seek help. Work with a trusted agent who will help you go through the policies, terms, and conditions, among other things. This will help you determine if the insurer and their package fit you or if your home is covered in case of flooding.

Parting Shot

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price. Our team is here to answer all of your insurance questions, so contact us today .

How to Insure a Vintage Motorcycle | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 01 Oct 2021 14:53:00 GMT

If you own a motorcycle that is over 20 years old, your bike may be considered vintage. These motorcycles may be incredibly valuable, but they can also be more expensive to repair. You want to make sure that you have the right insurance coverage for your most valuable items.

Vargas & Vargas Insurance, which serves Dorchester, MA, understand that vintage motorcycle insurance can be tricky to navigate. Some additional information can help you make the right decision.

You Need a Standard Policy

The first thing you need to do is ensure that you are meeting Massachusetts’s requirements for vehicle liability insurance. Even antique or vintage bikes that you use are subject to these requirements. Even if you only ride your bike on the weekends, you will need to ensure you have enough liability coverage for any damage you are responsible for.

Consider Comprehensive Coverage

If you have a vintage motorcycle, you are wise to have comprehensive coverage to provide coverage for your bike when it is not in motion. Some insurance companies offer special coverage for vintage motorcycles at shows and other events, for instance.

Ask About Collision Coverage

Whether you regularly ride your vintage bike or drive it to shows, you should consider collision coverage. This coverage is intended to provide for the costs to replace or repair your bike if you are in an accident.

Get More Information About Vintage Motorcycle Insurance

Do you want to get the most out of your vintage motorcycle? Insurance can help you protect your bike, even when you are not riding or showing it. If you live in Dorchester, MA, contact Vargas & Vargas Insurance to learn more about your options.

How to Choose Your Car Insurance Deductible | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 27 Sep 2021 12:00:00 GMT

Your car insurance deductible plays a significant role in your price for auto insurance . But insurance is complicated, and many people don’t fully understand what a deductible is or why it matters.

Today we’ll explain car insurance deductibles with the first-time car owner in mind. Let’s get a few basic insurance concepts out of the way.

Massachusetts Car Insurance Basics

To register a car in Massachusetts , you must insure it with liability coverage. This protects other people — and their property — from damage you might cause by driving the vehicle.

But the state liability minimums don’t include any coverage for your property or your vehicle. For that protection, you will need “full coverage,” or a package that includes both comprehensive and collision coverages.

Collision coverage pays for damage to your vehicle in a crash.
Comprehensive coverage pays for things like vehicle theft.

When an accident does happen, your full coverage auto policy will help pay to repair the car. But you’ll be responsible for paying a deductible, too.

What Is a Car Insurance Deductible?

Deductibles are considered a type of co-insurance. They are a pre-set dollar amount that the car owner agrees to pay first, should an accident happen.

For instance, let’s imagine you have a $1,000 deductible on your auto insurance policy. During a brutal New England snowstorm, your vehicle slides on some black ice and crashes into a center divider on the highway. Thankfully, everyone is wearing a seatbelt . No one is injured, and no other cars are involved.

You take your car to the shop, and it will need about $5,000 of work. With a $1,000 deductible, it is your responsibility to pay the first $1,000. Your insurer pays the remaining $4,000.

Deductible amounts can range anywhere from $50 to $5,000.
But $500 or $1,000 are probably the most common amounts.

If you have a high deductible — like $5,000 — then you’ll have a lower monthly insurance payment. However, you must keep $5,000 on hand at all times to pay for repairs yourself. And don’t forget that your lienholder — the bank, if you make a car payment — might require a deductible of $1,000 or less on your insurance.

Learn More With Us

Vargas & Vargas Insurance is proud to be your local independent insurance agency. We work for our customers, not the insurance companies. Contact us today to customize your car insurance coverage and learn more about car insurance deductibles.

It’s Time to Update Your Life Insurance Policy | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 21 Sep 2021 11:00:00 GMT

The winter holidays are just around the corner. Autumn is a great time to check on your life insurance policy . Suppose you need to update billing or beneficiary information, or you want to increase or decrease coverage. Handle your insurance maintenance now before getting busy with holiday cheer. The professional team at Vargas & Vargas Insurance is here to help.

COVID-19 Caused Changes in Life Insurance for Massachusetts Residents

As reported by the Patriot Ledger , the pandemic led to business closures, layoffs, and furloughs for many MA residents, particularly in the service and hospitality industries. If you were forced to find new employment, you lost your company-sponsored benefits. If those perks included life insurance , it’s time to buy a new policy — especially if you’ve purchased or sold a home.

The Massachusetts Real Estate Market Exploded in 2021

Thanks to the “white-hot” Massachusetts real estate boom of 2021, there’s a good chance you’ve bought or sold a home. You can learn more about homeowner’s insurance in another article , too.

If you bought a home in 2021, it’s time to:

Buy a term life policy to protect your spouse or partner and pay the mortgage if tragedy strikes.
Buy a whole life insurance policy that will build a cash value in a few years (you can borrow those funds later for emergency home repairs)

If you downsized in 2021, it would be a great time to put some extra funds in an annuity. Then you can safeguard it for retirement.

Finally, even if you’re not interested in buying a life insurance policy right now, it’s always a good idea to check on your contact information and beneficiary information. Make it a fall tradition!

Do Landlords Need LLCs or Good Umbrella Coverage for Real Estate Investments? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 14 Sep 2021 11:00:00 GMT

Are you a real estate investor looking to protect your assets? Chances are you have been using an LLC or an umbrella insurance policy to keep away from liabilities that may affect your property. They are both practical to use, but there are cases where either an LLC or umbrella coverage for real estate investments is the better option.

You can make the right choice by understanding how they protect your property. There are various cases where many investors don’t understand the implications of LLC and umbrella policies. Let’s break it up!

Why You Need an Umbrella Policy

An umbrella policy is an insurance cover that adds other liability coverage to an existing insurance policy. Adding more coverage to the current coverage protects landlords against personal fiscal responsibility when cases such as injury or lawsuits occur.

The umbrella coverage for real estate investments travels with you. The policies cover personal circumstances, such as when your dog bites someone at the park; the cover also helps with medical costs.

Why You Need LLCs and Corporations

An LLC, or Limited Liability Company, helps protect you from any liabilities that can arise within the LLC that prevent the plaintiff from suing you personally. In the case of a lawsuit, the only thing at risk is the business’s assets, leaving the owner out of the puzzle.

The creditor may decide to collect the assets of the business. It is different from state to state, and you have to consult your agency and understand the laws behind it.

Choose What Is Best for You

The choice you make between the two depends on the real estate portfolio. For example, the umbrella insurance policy is best for making the right financial choices for landlords with small portfolios. You may also opt for both an umbrella insurance policy and creating an LLC since they work effectively.

Vargas and Vargas Insurance is among the best local independent insurance agencies in your neighborhood. We offer expert and customized services that cater to your specific needs, so contact us today.

Homeowner’s Guide to Lender-Required Flood Insurance in Massachusetts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 07 Sep 2021 11:00:00 GMT

Many residents in Massachusetts don’t realize that flood insurance can help protect them from financial devastation in cases of floods. Flooding can quickly cause over $100,000 worth of damage to your home. However, if you have flood insurance in Massachusetts, you can receive reimbursement for your losses minus your deductible amount.

If you’re wondering how flood insurance works or if it’s something you should consider for your home, keep reading.

How Flood Insurance Works

The National Flood Insurance Program (NFIP) and some private insurance companies issue flood insurance. Private insurance companies offer lower premiums as compared to government affiliates. These insurance policies are available for Massachusetts residents living in designated flood areas.

This insurance plan offers policies for losses sustained by floods in homes and businesses. Flood insurance policies typically have waiting periods before coverage takes effect. However, once you subscribe to their policies, you are assured compensation in cases of floods.

Why Do Lenders Require Flood Insurance?

One of the most significant risks you can take is buying a house in a flood-prone area. Because of this, many lenders require applicants to purchase a basic flood policy. They will also evaluate your property’s situation based on the history of flooding, how the structure stands, and the risks inherent in living in floodwaters.

What You Need to Know About Flood Insurance in Massachusetts

If your home is in a high-risk area, purchasing a policy could pay off. You may reduce or eliminate your premium by switching to a cheaper policy with lower premiums. In addition, insurance provides a mechanism for immediate financial help if flooding destroys your family’s home.

It prevents you from being held responsible for paying more than necessary to repair or replace your damaged property. Get the best quote on flood insurance from Vargas and Vargas Insurance. Even if you are not in a federal flood zone, you can purchase flood insurance at a better-priced premium. This will ensure that you don’t receive charges for more than what it costs to maintain the policy.

Final Thoughts on Flood Insurance in Massachusetts

The U.S. government has placed a flood zone designation on over two million homes in the country. This also applies in states like Massachusetts. If you’re looking for flood insurance, Vargas & Vargas Insurance is the right place. We will help you find the best policy for your needs and answer all your questions about the coverage. Contact us today .

What You Need to Know About Directors and Officers Insurance in Massachusetts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 31 Aug 2021 11:00:00 GMT

Managing a corporation is complex and comes with various risks. Directors, officers, and condominium trustee boards are held responsible for decisions they make on behalf of their companies. This can lead to errors, mistakes, and poor choices, resulting in the company leaders getting sued. Directors and officers insurance is special professional liability insurance that covers past, present, and future leaders.

Shareholders, employees, customers, and others can also sue the directors or officers of a business. Therefore, anyone in these positions in the company requires coverage regardless of the size of the organization they lead.

How the Massachusetts Insurance Policy Works

The board of directors in any corporation represents the best interest of the shareholders in their organization. Failure in doing so may lead to lawsuits that will not be covered under a standard general liability policy .

Massachusetts state laws protect nonprofit board members who serve voluntarily for specific situations. However, such members must still work closely with a qualified attorney if such lawsuits are filed.

Policy Options and Additional Coverage

There are certain limitations and exclusions that the directors and officers face with this insurance policy. So it would help to talk to your agent , who will help you determine the most suitable policy to use in consideration of the unique needs of your corporation.

Also, try to include additional coverage that caters to cyber-attacks. Malicious attacks have been on the rise, and many businesses in Massachusetts will likely fall victim to such attacks. So buy D&O insurance to keep your board of directors safe and enhance your company’s reputation.

Protect Your Decision Makers With Directors and Officers Insurance in Massachusetts

Vargas & Vargas Insurance is a top local independent insurance agency in Massachusetts. We provide quality insurance coverage that suits your unique business needs at affordable prices, so talk to our top-rated customer care desk for all your insurance questions. Contact us here and engage experts today.

How to Decide How Much Homeowners Insurance You Need | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 24 Aug 2021 11:00:00 GMT

Figuring out how much homeowners insurance you need to cover your home and belongings can be challenging. But there are steps you can take to determine what types of insurance you may need and how much you should purchase. Here are some tips for calculating how much homeowners insurance will meet your needs.

Determine Local Risks

Most homeowners insurance plans cover:

Basic storm damage
Interior water damage from burst pipes
Fires
Other types of damage that any homeowner could sporadically experience.

But most homeowners insurance policies do not automatically extend to severe flooding from hurricanes or other types of natural disasters that do not affect homeowners in all parts of the country.

For this reason, you will need to assess what specific issues your home may be prone to based on your location. Then you can determine whether you need to purchase extra policies, such as flood insurance , on top of your regular homeowners insurance policy.

Determine the Overall Value of Replacing Your Home

Knowing approximately how much replacing your home would cost if it were completely lost is also important. It’s another key to determining how much homeowners insurance you should have. This should include the value of your home itself and your possession. It should also include any costs associated with having your home rebuilt.

This information can generally be determined by this formula: multiply the square footage of your home by the approximate cost to rebuild per square foot. But this formula is not always accurate. Other factors to consider that may help you come up with a better estimate include:

The materials used to build your home
Any improvement projects you may have done over the years
Any vintage or other unique features your property has

At Vargas & Vargas Insurance, we prioritize protecting you and your property. We don’t work for your insurance company. Contact us today to learn more about how we can help you determine how much homeowners insurance you need to keep your home and property adequately covered without overpaying.

Why You Should Avoid Private Mortgage Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 17 Aug 2021 11:00:00 GMT

Private mortgage insurance (PMI) is an extra type of insurance your mortgage company may require you to pay for if you are unable to provide the full down payment the mortgage company requires. That minimum is typically around 20 percent of the total value of the home. Unlike a good home insurance polic y, private mortgage insurance is not an ideal option for many new homeowners. It results in significant wasted money and includes few benefits.

Private Mortgage Insurance Is Expensive

Suppose your reason for considering private mortgage insurance is being unable to afford a 20 percent down payment on your new home. In that case, the last thing you want to deal with is an extra type of costly insurance. This will significantly increase the overall cost of your home over time. Most private mortgage insurance costs between 0.5% and 1% of the total value of your home. This can average $1,000 or more per year.

Depending on where you live, this average can rise well over $3,000 per year. This is in addition to your regular homeowners insurance.

It’s Difficult to Cancel

Private mortgage insurance also tends to be more difficult to get out of than other types of insurance. You are technically only supposed to need to pay for private mortgage insurance until your total equity reaches the 20 percent that you might have otherwise paid as a full down payment on your new home. But some contracts require payment for a specified period of time. This can happen even if that time is longer than you need to meet your 20 percent obligation.

Contracts may also require a formal letter, appraisal of your home, or other documentation to have your cancellation approved. This can take months to complete. It might also require you to pay for your private mortgage insurance for longer than you would otherwise need to.

Private Mortgage Insurance Is Not Deductible

As of 2017, private mortgage insurance is no longer tax-deductible, which means you will lose more money to taxes.

At Vargas and Vargas, we work for you and not your insurance company. So contact us today to learn more about how we can help you avoid purchasing private mortgage insurance and explore options you may have for handling your homeowners insurance needs at the best possible cost. Also, visit our blog to learn more about getting the most out of your homeowners insurance .

Dorchester, MA Insurance for Gap Coverage (Umbrella Insurance) | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 16 Aug 2021 10:00:00 GMT

Vargas & Vargas Insurance hopes your family is doing well as you journey through life in Dorchester, MA. But, for those times when life is rough, that’s what an umbrella is for.

Umbrella insurance may not be as well-known as other types of insurance, but it is very important if you want to make sure you have the coverage you need for life’s unexpected surprises. Umbrellas cover you when the rain comes. And let’s face it: you never know when that rainy day might come your way.

Let’s say you are in an auto accident. Your coverage is $25,000 per individual, perhaps. But the problem is, the person you hit on the way to get groceries owes $30,000 in medical bills. If your personal liability is only $25,000, you now owe an additional $5,000 in out-of-pocket expenses!

That’s where umbrella insurance comes in!

More About Umbrella Insurance

Also known as "gap insurance," umbrella insurance covers more than the limits of your insurance and kicks in where your normal coverage leaves off. If you are threatened with a lawsuit due to not carrying enough insurance, your umbrella insurance can help you out a lot. Avoid the possibility of lawsuits by increasing the amount of your insurance in the most risk-prone areas of your life.

Dorchester MA Insurance Source

If you are in need of extra coverage for auto, business insurance, house insurance, or other kinds of insurance, see the professionals at Vargas & Vargas Insurance, covering the Dorchester, MA area. They can show you the types of coverage you need and how much umbrella or gap insurance you need to restore your peace of mind.

The Smartest Home Insurance Deductible Move | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 10 Aug 2021 11:00:00 GMT

Do you know that you can save hundreds of dollars on your yearly home insurance bill by simply increasing your home insurance deductible? By this, we don’t mean changing from $500 to $1,000. We want you to think bigger: $2,500. Opting for a low deductible is a characteristic mistake. Read further to understand why.

1. Lowered Monthly Premiums

For home insurance, a higher home insurance deductible means that you will be paying low premiums. A lower deductible, on the other hand, equals high monthly premiums. Therefore, the most effective way to lower your premiums is to increase your deductible.

2. Increased Premium Savings

A great way to save money on your insurance is to review your deductibles . There is an inverse relationship between your cost of deductibles and your cost of monthly premiums. One way to look at this is to make a comparison of your potential savings over several years against the additional out-of-pocket risk you incur. While this is by no means a definite way to make a decision, it is an important piece of information to help you measure your risk trade-off.

3. Higher Deductibles Mean Fewer Claims

You could raise your deductible to avoid making many claims. Your premiums increase each time you make a claim. You most likely do not want to make claims for small losses. Therefore, it is in your best interest to get a higher deductible, so you are only worried about paying up for major disasters or larger claims.

Your home insurance deductible should be the amount of money you are comfortable paying in case your home is damaged. We recommend having a minimum of $1000, but you might increase this to access long-term savings.

Vargas & Vargas Insurance is one of the premier local independent insurance agencies — we work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price, and we are also here to answer all of your insurance questions. Contact us today.

10 Things to Do Before Moving: Your Moving Checklist | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 03 Aug 2021 11:00:00 GMT

Moving is stressful, and you may end up forgetting something in the process of moving. So here is a quick moving checklist to ensure that you take care of everything in your home as you move.

1. Prepare for Your Move Early

The first thing you have to do is prepare early for your move. No matter the time of the year, getting a reputable mover can be hard. Early preparation will help you get through the weeks with less stress.

2. Choose a Mover

Unless you want to self-move, you should look for a professional mover. Look for reliable and experienced movers. If any of your friends and family have used a mover before, you can ask if they can recommend one.

3. Pack All Your Items Boxes

Start putting the items you use less often in a box. This can include books, Christmas decorations, croquet sets, and seasonal articles.

4. Clean the Rugs and Draperies

Make sure you clean your rugs and draperies before moving to your new home. They will be returned wrapped. Don’t take them out of the wrap until you reach your new location.

5. Get a Written Appraisal of Your Antique Items

Make sure you note the prices of all your appraised items , such as antiques. These items need additional insurance from the moving company.

6. Book the Moving Elevator

If you’re moving to an upper floor, make sure you book an elevator. By doing so, you’ll reduce the hassle for the people living in that apartment. It’s also advisable to confirm the parking for a moving truck and get permission early.

7. Switch Utilities

Have the utilities in your old home disconnected the day after you move. You should also make sure that you cancel your home internet, phone, newspaper service, and even local club memberships.

8. Contact Your Insurance Company

You’ll also have to change your insurance when moving. So get in touch with your insurance company to transfer your policies.

9. Request for Time Off of Work

If you are moving out on a weekday, then you need to take time off work. If you can’t get time off, you can arrange with your friends or family to meet with the moving company.

10. Address Minor Home Repairs

Once you find time, you should do minor home repairs before you move out. This is especially important if you’re selling your home.

At Vargas & Vargas Insurance, we’re here to help as you move to your next home. We provide customized insurance coverage to meet your specific needs and budget, and we are also always available to answer all your questions about insurance. Our team will work for you and not the insurance company. Contact us today as part of your moving checklist.

Risks of Flood Damage | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 30 Jul 2021 01:15:00 GMT

Floods can occur anywhere, affecting properties in Dorchester, MA. Common causes of floods include flash floods and seasonal storms, which can occur anywhere in the world at any time. According to the Federal Emergency Management Agency (FEMA), floods are commonly involved in 90 percent of all natural disasters in the country.

Continue reading to learn about the risks of flooding. Then, for more information about flooding and how to protect your property, call the experts at Vargas & Vargas Insurance today.

Flood Risk Information

When moving to a new area, learn as much as possible about flood risks in the immediate area. Your mortgage lender, local officials, and an insurance agent may have information about the area’s vulnerability to flooding. Additionally, the National Flood Insurance Program (NFIP) can provide information about local flood risks.

Lack of Coverage

Not all homeowners insurance policies cover all types of flood damage. Therefore, additional flood insurance policies must be purchased to ensure coverage in the event of a flood associated with a natural disaster or weather event. Not having enough coverage can leave you paying for the repair and replacement costs out of pocket.

Buying Flood Insurance

Purchasing flood insurance is easy and can be purchased directly from an insurance professional. However, there is a 30-day waiting period before the flood insurance policy takes effect. Because of the waiting period, if you live in an area prone to flooding, do not wait to purchase your policy.

No Flood Insurance Coverage

If there is a flood, and you do not have flood insurance coverage, your assets are not fully protected against damages and loss. In addition, not having insurance coverage could lead to paying hefty bills associated with repairing and replacing property and personal items.

Floods can strike at any time, anywhere. Those in Dorchester, MA should not hesitate to ensure they are covered in the event of a flood. Call Vargas & Vargas Insurance today to discuss flood insurance options and get yourself covered today.

Wearing a Seat Belt in Massachusetts Saves Lives and Is Mandatory | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 27 Jul 2021 11:00:00 GMT

More than 25% of people in Massachusetts do not wear a seat belt. Massachusetts law requires you to do so, and it is common sense. Learn more about how not wearing a seat belt in Massachusetts can affect your car insurance and your legal liability in certain scenarios.

Seat Belts for Safety and the Law

Wearing a seat belt lowers the risk of severe injury in an accident for the driver and a front-seat passenger by 50%, according to the Massachusetts Transportation Safety Department . It also cuts the risk of death by 45% .

According to the Center for Disease Control, car crashes are the number one cause of death in the U.S. for Americans between one and 54 years old. Even when simply driving to the store for milk, you should always fasten your seat belt. If you don’t want to do it for yourself, think of your loved ones. Then make sure they buckle up, too.

Different states manage seat belt laws in various ways, but every state has them. Not wearing a seat belt is a driving infraction. You won’t be pulled over for not wearing a seat belt in Massachusetts. But a driver stopped for a traffic violation and found not wearing a seat belt can be fined $25. That driver may also be fined for passengers not wearing their seat belts.

A Seat Belt Violation Affects Your Insurance and Any Claim

Receiving a citation for not wearing a seat belt in Massachusetts can increase your insurance rate by up to three percent annually. That is on top of any increase for the primary citation, such as speeding.

But being in an accident while not wearing a seat belt can affect your insurance in another way. It could harm an injury claim with your insurance company. If you are the driver in an accident and a passenger isn’t wearing their seat belt, they can file a claim. You, as an individual, may be solely responsible. If your insurance company is aware of the lack of a seat belt, it may not help you pay damages.

Having automobile coverage is the law in Massachusetts. In fact, you must have four mandatory coverages, each in a minimal amount, to register your car in the state. Vargas & Vargas Insurance is here to help. As a premier independent and local insurance agency, we will work with you to ensure you have proper coverage to meet Massachusetts’s standards, as well as your own. Contact us today.

How to Prepare Your House for Hurricane Season | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 20 Jul 2021 11:00:00 GMT

We’ve talked about preparing your business for hurricane season , but knowing how to prepare your house for hurricane season can be just as (or even more) important. There are ten to sixteen named storms in an average hurricane season, including four to eight hurricanes. When winds reach over 155 mph, you’re going to be thinking about protecting your life and family when a hurricane hits, not your home. We’ll give you some tips in this guide so when the wind starts howling, your house will be safe .

Keep Supplies Handy

When the hurricane comes, you want to be prepared , know where everything is, and have a kit of emergency supplies. Keep some flashlights, batteries, and more in the kit so you don’t have to search for them in an emergency.

Trim Your Trees and Shrubbery

Tree branches can go through your windows like missiles during a hurricane; make sure you prune your trees and remove all loose branches from your trees.

Unplug All Electronics

Electrical surges are widespread in hurricanes. By unplugging your electronics, you minimize the risk of damage.

Seal Windows and Doors

Ensure that your windows and door stay locked and secured. If you have storm windows, ensure that they are properly installed and locked, as well.

Prepare for Long-Term Outages

It may be a good idea to purchase a backup generator. Then, if the power goes out, you still have options. Also, keep your bathtubs full of water in case you lose access for any length of time.

Review Your Insurance Policy

It’s best to do this before the storm, when things are still calm. If it’s been a while since you’ve reviewed your home insurance policy , you may not be carrying the correct amount of coverage. The amount may not be enough to rebuild your home if the worst happens. Get peace of mind and know you have coverage as you prepare your house for hurricane season.

How We Can Help

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price, and our team is here to answer all of your insurance questions. Contact us today.

3 Essential Steps to Prepare Your Car for Hurricane Season | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 13 Jul 2021 11:00:00 GMT

Hurricane season comes around every year, and with it, the fear of damage to life and property. However, with the right strategy, you can prepare your car for hurricane season.

While many people think of preparing their home and personal property for hurricanes, it’s vital not to neglect to prepare your automobile. When a severe hurricane is on the horizon, evacuation may be the best option, and your car needs to be ready . These tips can help:

1. Auto Insurance Review

It’s important to review your insurance with your insurance agent each renewal — or annually, at the very least. If you have, then a quick review of your coverage and deductibles may be all you need as a reminder of your coverage details for potential damage. If you haven’t, make an appointment for a phone, virtual, or in-person insurance review with your agent before hurricane season.

Hail, wind, and flood damage are all common concerns. But many people attempting to evacuate at once can also create collision and liability exposure. Understanding your coverage in advance of a claim is much better than being surprised later, and it’s an essential step as you prepare your car for hurricane season.

2. Maintenance

Evacuating due to an impending hurricane is not the best time to realize your vehicle is not in good working order. Making sure these critical items have been thoroughly checked will help you avoid being stranded later:

Tires: The treads should have sufficient wear remaining. Also, the tires should be properly inflated.
Brakes: Brake pads should have adequate friction material.
Battery: Replace a weak battery.
Gas: A full gas tank is essential, as it may be a long distance before you can refuel.
Air: Ensure air filters are clean because you and your family may be in the car for a while. This is especially important for those with respiratory issues.
Fluids: All fluid levels should be checked and topped off if needed.

3. Load Up

You may find yourself in your vehicle for a long period of time — even days in the worst-case scenario. Having the following items ready to load up at a moment’s notice means you won’t forget them when you’re in a rush:

Important documents
Medications
Pets
Flashlights
Batteries
Cell phone and other chargers
Blankets
Food and water
First aid kit
Cash
Clothing/Shoes/Personal hygiene Items

With the right preparation, you can approach the hurricane season without fear. Here are some tips for preparing your home, as well. As a premier local independent agency, Vargas & Vargas Insurance understands your concern for your family and your property. We work for you, not the insurance company. Contact us today to make sure your coverage is ready as you prepare your car for hurricane season.

5 Ways to Prepare Your Business for Hurricane Season | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 06 Jul 2021 11:00:00 GMT

How do you prepare your business for hurricane season? A hurricane can happen at any time. But they mostly occur in June and November. If you operate a business along coastal regions, you may experience severe damage due to a hurricane.

Being prepared will help you get back on track faster after the hurricane. Here are steps to minimize interruptions and keep your employees safe.

5 Ways to Prepare Your Business for Hurricane Season

1. Employee Evacuation Plan

The safety of your employees is important. So make sure you have an employee evacuation plan. Give team members emergency roles to perform during the hurricane. It is also a good idea to train your employees and even perform flood drills to ensure your employees are prepared.

2. Create a Business Continuity Plan

A business continuity plan is necessary to minimize interruptions during a hurricane. You should have an emergency communication protocol and confirm all employee contact information.

3. Get Insurance Coverage

As a business owner, you should obtain the best insurance coverage available before a hurricane. If you don’t have insurance coverage, it’s never too late to get some. Make sure your coverage meets your business needs, including flood insurance and business interruptions. Work with the insurance agent to ensure the policy meets those business needs.

4. Back Up Your Data

Your business has documents, records, and files that you have to secure and protect. You should regularly back up your data and store it in a safe facility. It should be possible to access your data remotely in case of an emergency.

5. Back Up Your Power Supply

A backup generator will ensure you keep your essential systems during the storm. A backup supply will also help you run your business sooner after a storm.

Vargas and Vargas is a premier independent insurance agency, and we put our customers first. That includes helping you prepare your business for hurricane season. We offer customized insurance coverage to meet your specific needs. We are here to answer all the questions you may have about insurance, so contact us today .

How Does Condo Insurance Work? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 30 Jun 2021 16:39:00 GMT

Owning a condo is a great way to own your own home. It does come with a number of responsibilities, though, and one of the most important of these is to have a condo insurance policy. This policy protects you in a number of ways, and it’s never a good idea to be without it. If you need one of these policies, contact us today at Vargas & Vargas Insurance in Dorchester, MA to talk to an agent.

Protect Your Home

When you have a condo insurance policy, it covers your condo itself. This means that it will pay for certain damages to the inside of your condo, but not the outside. The condo board owns the outside and will insure that area. The only exception is when a condo owner makes some type of improvement to the outside of the condo. In that case, the owner is responsible for insuring that area as well.

Protect Your Possessions

With all or most of your belongings inside your condo, a major accident or calamity that causes damage to your belongings can be devastating. However, your condo insurance will cover those possessions. It can pay for you to get repairs and/or to replace items that were ruined beyond repair. With this coverage, you won’t have to start over with nothing.

Protect Your Finances

Another problem that can happen in a condo is a third party having an accident there. When that happens, it is often the owner who owes the medical bills. With a condo policy, there is liability coverage included. This will pay for the medical bills so that you won’t have to.

Condo Protection

If you own a condo, you need protection. Call us at Vargas & Vargas Insurance in Dorchester, MA to find out more about this coverage.

What’s the Difference Between Builder’s Risk Insurance and a Home Insurance Policy? Part Two | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 29 Jun 2021 11:00:00 GMT

It’s easy to understand the importance of home insurance when your investment is immediately accessible to you, as are all of the belongings you put inside. However, a building under construction sometimes requires a little more explanation as to the importance of builder’s risk insurance.

Why Does Home and Builder’s Risk Insurance Differ?

A completed home provides all of the information for proper risk assessment. All of its features are fixed in place for determining the replacement cost value. The liability risks are mitigated as much as possible. Your coverage needs are clear. Thus, the home insurance policy can be tailor-made for your home as it stands, with all factors known.

For a building under construction, there are many unknown or constantly changing variables. Your insurance provider calculates the replacement cost, and therefore coverage, based on the expected features of the completed home. The building’s completion stage is varied. So the liability risks also vary at any given time. At some points, there may be more materials on-premises than on the structure. Because the building changes, it needs a policy that addresses this reality.

How Does Builder’s Risk Insurance Address the Changing Protection Needs of a Building Under Construction?

Why do you pay the same premium and have the same amount of coverage for a building in the beginning stages of construction as in the final stages? This is a fair question considering the amount of loss is much greater when the building is nearing completion.

Builder’s risk insurance addresses this by considering the most coverage needed at any time during the construction period. It also considers the premium needed to cover that risk. The insurance company then takes into account normal construction time periods. Instead of changing the coverage and premium throughout the build, they average the cost to insure the building over the entire construction period at various stages of completion into one premium. This assures that the building has proper coverage at a fair premium, regardless of the building phase.

What Coverages Are Unique to Each Policy Type?

A home insurance policy provides much more personal property coverage and additional coverages. This includes additional living expenses in the event of a claim. These types of coverages would not necessarily be needed under a builder’s risk policy since the home is not occupied.

What about a home addition? Home insurance policies vary on how they cover home additions. It may be that you would have adequate coverage under your home insurance policy. However, a larger addition may require a builder’s risk policy or a special endorsement of your home insurance policy. Having an insurance agent you can trust to advise you on your particular policy and needs is imperative.

A builder’s risk insurance policy provides coverage for theft of building materials and often even for building materials in transit to the building site. It also provides liability protection for the enhanced risk of a building under construction. The liability does not extend to the contractors or subcontractors. But it does provide coverage if a child or neighbor were to wander onto the site and get injured.

Ultimately, all builder’s risk insurance policies are temporary. Once the building is complete, you should consult your insurance agent to discuss whether you should convert to home insurance, rental dwelling insurance, or commercial insurance. For additional information, see part one of our series, What’s the Difference Between Builder’s Risk Coverage and a Home Insurance Policy?

Whether you need home, rental dwelling, commercial, or builder’s risk insurance, Vargas and Vargas Insurance is here to advise you on your journey. We work for our clients, not the insurance company, to provide individualized coverage at the right price. Contact us today to discuss your insurance needs.

What’s the Difference Between Builder’s Risk Coverage and a Home Insurance Policy? Part One | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 22 Jun 2021 11:00:00 GMT

You’ve found your dream home, and now you need to protect that dream with home insurance. Maybe you couldn’t find the perfect home you had envisioned, so you are building it. That investment also needs protection, either through builder’s risk coverage or home insurance . How are these two types of homes and home insurance protections the same, and how do they differ? Most importantly, why does it matter?

Who Needs Home Insurance or Builder’s Risk Coverage?

Home Insurance

If you are the owner of a fully constructed home and you and your family reside in the home, home insurance is the right choice for you. Home insurance provides coverage for your dwelling, personal property, and liability you might incur as a homeowner, among other optional coverages. Home insurance is not for rental homes (when you’re the renter), commercial properties, or homes in the construction process.

Builder’s Risk Coverage

Coverage for buildings in the process of being built requires specialty coverage to meet the unique risks associated with a building that is changing daily. The building may be residential or commercial, and coverage may be needed by a variety of individuals, such as:

Homeowners
Property Owners
Contractors
Subcontractors

Ultimately, the individual named on the construction loan, or the person who retains the deed to the property, needs the builder’s risk coverage. They are the one taking on the risk of a loss until ownership changes hands.

When Should You Begin Coverage?

A home insurance policy should begin immediately upon ownership, effective on the date of the home closing. If you change insurance providers, it is imperative that there is no gap in coverage from one insurance company to the other. Make sure you understand the date and the time coverage will cease with the current company and coordinate coverage with your new insurance company to prevent any unprotected gap in time.

A builder’s risk policy provides coverage from the time construction begins until the project’s completion. Because the construction phase is constantly changing, the coverage and premium are designed with this in mind. Most insurers require a builder’s risk policy at the beginning phase of construction. They will not provide a policy mid-construction. It’s just as important to convert your builder’s risk policy to a home or commercial insurance policy once completed for coverage more appropriate for a completed and occupied building.

Now you know who needs home insurance versus builder’s risk coverage and when coverage should begin. For further explanation on how these two policies differ and why it matters to you, see the second part of our series on What’s the Difference Between Builder’s Risk Coverage and a Home Insurance Policy?

Vargas and Vargas Insurance understands the importance of having the right insurance for every stage of your journey. We are an independent insurance agency that works for our clients, not the insurance company. We will customize your coverage for your unique needs at the right price. Give us a call today.

How Personal Property Insurance Protects Your Property | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Jun 2021 11:00:00 GMT

If you are a homeowner, you probably have homeowner’s insurance. This type of insurance generally provides some coverage for your personal property. This coverage is only for the homeowner’s property — it does not cover real estate or property belonging to renters or roommates. If your personal property exceeds the value covered, or if you are a renter, you will need to purchase a personal property insurance policy. If you live in a condo, check out our blog post about condo insurance coverage .

What Does Personal Property Insurance Cover?

According to Insurance.com , most home insurance policies only offer coverage for 40-70% of the home’s insured value. What does a personal property insurance policy cover? Many of the items that you own including clothes, appliances, furniture, and home decor. If these items are damaged or stolen, the policy will reimburse policyholders the estimated cost to repair or replace the property.

But some of the property that you own may not be covered. This could include jewelry, artwork, firearms, pets, and collectibles. Insuring these high-value items will require the purchase of a scheduled endorsement. Many insurance companies will also ask for an appraisal of the items.

Making a Claim

If your property is damaged or stolen, then you will need to contact your insurance company to file a claim. The company may ask you to provide pictures as proof of the damages. Any receipts that you can provide as proof of purchase of your property should go to the company, as well.

When your insurance approves your claim, you will receive reimbursement according to the terms of your policy. The policy will either pay the actual cash value, which includes depreciation and pays out for the estimated current value of items, or replacement cost value. This provides the amount needed to replace the property and does not include depreciation.

How Do You Get Coverage?

When you need insurance coverage, you can contact a direct writer. These agents work directly for a prominent name insurance provider. You could also contact an independent agent. Independent agents can often offer better coverage prices because they will have several options for you to choose from. Also, they will be familiar with insurance needs in your area.

If you live in Massachusetts, Vargas & Vargas is here to help you find the policy that fits your needs. Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price and are here to answer all of your insurance questions. Contact us today .

How Much Liability Insurance Do I Need to Buy? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 08 Jun 2021 11:00:00 GMT

Homeowners are responsible for ensuring safety on their property. Consequently, you can be held accountable if someone is injured on your property because of unsafe hazards. This is why homeowners need liability insurance coverage .

How Does Liability Insurance Coverage Work?

Your homeowner’s insurance policy has a liability portion that provides coverage for accidents and damages associated with your property, family members, and pets. For example, a visitor may sue you for compensation if they are attacked and injured by your pet. Additionally, anyone can sue you if they slip and fall on your slippery pavement or sidewalk.

Liability coverage can protect you from the resulting financial loss. To this end, a typical liability policy will cover the following expenses:

The injured party’s medical expenses
The cost of your legal defense
Repair costs for the other party’s damaged property

Some policies cover a wider range of risks. Your policy’s coverage will depend on how much insurance you buy, as explained below.

How Much Coverage Should You Get?

Standard homeowner liability insurance policies cover up to $300,000 worth of injuries and property damages. However, this may not always be sufficient to cover all of the resulting expenses. Consequently, you may need to pay for the extra costs out-of-pocket, which can be financially crippling.

Alternatively, you can increase your insurance coverage. For example, you can extend coverage to up to $500,000 by paying higher premiums. You can also buy an umbrella liability policy that will extend coverage to $1 million and more (up to $5 million).

Final Thoughts on Liability Insurance

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. Our team can customize your homeowner’s insurance coverage to meet your specific needs at the right price.

We are here to answer all of your insurance questions. Contact us today to learn more.

Car Insurance Terms, Part Two: Car Insurance Claims | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Jun 2021 11:00:00 GMT

Understanding the basic language of your auto insurance policy is important. However, knowing your coverages and car insurance claims terminology is what really matters when your insurance suddenly becomes more than just another monthly bill. Learn more about these important terms:

Liability

Liability coverage has three distinct coverages under one heading. All of them protect the claimant in an accident. The first is the bodily injury liability per person. The amount of coverage shown is the maximum pay-out amount for injuries to any one claimant in an accident.

Next is the bodily injury liability per accident. This amount is the maximum pay-out amount for bodily injury per accident, regardless of how many people receive injuries.

Lastly, property damage liability is the maximum amount that will be paid out for damage to property (autos, buildings, etc.) per accident, regardless of how many vehicles you are held responsible for.

There is a maximum pay-out under your auto insurance. But you are still legally responsible for any remaining damages. That’s why it’s vitally important to discuss your coverage choices with your insurance agent. Maintaining state-required minimums does not release you from full responsibility to the claimant.

Medical Payments

After car insurance claims, your policy may provide coverage for medical expenses to you and/or your passengers up to the limit listed.

Personal Injury Protection (PIP)

PIP coverage provides a little more extensive coverage when you receive injuries in an auto accident. This includes elements such as lost wages and other damages, regardless of who is at fault in the accident.

Comprehensive

Sometimes referred to as “other than collision,” this is for covered damage to your vehicle that is not the result of a collision. Some examples include fire, theft, vandalism, glass breakage, and animals. Coverage is subject to your deductible.

Collision

When your vehicle collides with another object, whether it’s a vehicle, building, pothole, or something else, the damage falls under your collision coverage. It is also subject to your deductible. Comprehensive and collision coverages are required when your vehicle has a lien or leaseholder. It protects their interest in the vehicle until it is paid off.

Uninsured Motorist Coverage

Uninsured motorist coverage protects you when your vehicle is struck by a vehicle that does not have enough coverage, has no coverage at all, or commits a hit-and-run. It may include coverage for bodily injury, property damage, or both. The coverage amount limits the amount paid.

Additional Coverage Options

Insurers offer a variety of additional coverages for your convenience, including emergency road service and car rental reimbursement.

Claim

A claim is when an insured or claimant believes an insurance company should reimburse him or her for damages resulting from an event.

Claimant

An individual who makes car insurance claims against another party (or their insurance company) is a claimant.

At-Fault/No-Fault

Some states require that fault be assigned in an accident and that the responsible individual be held accountable for the entirety of the accident’s damages. But other states are no-fault. That means each vehicle owner’s insurance takes care of damages for their insured, regardless of fault. Massachusetts is a no-fault state .

Subrogation

Even in an at-fault state, it is common for the insurance of the not-at-fault party to pay for damages upfront. Then repairs can happen quickly. The insurance company will then subrogate, or pursue, the responsible party or their insurance for reimbursement of paid-out expenses.

See the first part of our series on car insurance terms for more helpful auto insurance explanations.

Vargas & Vargas Insurance understands that insurance terminology can be confusing. That’s why, as a premier local independent insurance agency, we strive to build the relationships necessary to customize your insurance coverage to your needs at the right price. Contact us today .

4 Add-ons to Consider For Your Auto Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 30 May 2021 17:42:00 GMT

If you own a vehicle in Dorchester, MA, you understand that auto insurance is as critical as car maintenance. Unfortunately, many car owners purchase the minimum auto insurance coverage just to comply. While this may seem like a way to save funds, it can bite you hard when the unthinkable strikes. That said, Vargas & Vargas Insurance shares add-ons you can consider to boost your auto insurance for maximum protection.

Emergency roadside assistance coverage

Have you ever thought about what you may go through when your car breaks down away from home? You might have seen it in movies, but it can happen in real life. While you can’t predict how your car behaves, you can cover yourself with a roadside assistance add-on to ensure that you get services like gas delivery, puncture repair, towing, and other roadside repairs in case your car breaks down.

Engine protection cover

If you reside in a location prone to waterlogging, this coverage is a must for you. Your engine is, perhaps, the most expensive component of your vehicle. As such, insuring it against damage is a smart move to avoid you forking cash from your pocket when a disaster occurs.

Zero depreciation cover

If you have a new or luxurious car, this add-on cushions you against wear and tear when replacing expensive parts. Instead of removing the depreciation factor when replacing parts, the insurance company covers the entire cost of replacement when you have this cover.

Consumable coverage

When your claim is being processed, consumables like nuts, bolts, and oil aren’t covered in the typical insurance coverage. However, as small as they might be, consumable costs can stack up to significant figures when involved in an accident. Thankfully, with consumable coverage, you don’t have to worry about consumable expenses.

Buy auto insurance today!

Would you like to buy auto insurance in Dorchester, MA? Please contact Vargas & Vargas Insurance for a competitive quote.

Car Insurance Terms, Part One: The Basics | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 25 May 2021 11:00:00 GMT

The average U.S. driver spends 55 minutes per day behind the wheel of an automobile. With that kind of exposure, there’s a good chance you’ll need to utilize your auto insurance coverage at some point. However, waiting until you have a claim is not the best time to learn what common car insurance terms mean. By understanding your car insurance policy now, you can avoid coverage concerns when a claim arises.

Start with these car insurance terms:

Declarations (Declarations Page)

This is the page of your policy that gives your basic identifying information. Examples of this information include the name and address of the insurance provider, to and from dates of coverage, basic coverages included in the policy, deductible amount, premium, and any lien or leaseholders. Your insurance identification cards provide the most basic information about your policy, but your declarations page goes a little more in-depth.

Insurance Identification Card

Most insurance companies provide a paper, wallet-sized proof of coverage. This card shows the very basics of your policy to provide to law enforcement in the event of a traffic stop or accident. It is also very common for an electronic version of the identification card to be provided through a mobile app for even greater convenience. After all, the paper version has to be replaced with an updated version with each policy renewal.

Insured/Insurer

The insured is the person coverage being provided for—generally, the owner of the auto. The insurer is the insurance company providing the coverage for your car.

Lienholder/Leaseholder

The lienholder is the financial institution, or individual, who holds the title to your vehicle. They hold it until you pay the lien in full. The leaseholder serves the same role for a leased vehicle. Both of these parties hold a financial interest in your vehicle, so your policy will list them.

Policy Period

This is the time period your auto is currently insured — usually semiannually, although some auto policy periods are for a year. Most auto policies renew automatically, provided you continue to pay the premium.

Premium

The semi-annual or annual amount you pay for your auto insurance is the insurance premium. This premium can usually be divided into payments that are convenient for you, such as monthly, quarterly, or semi-annual payments.

Deductible

The amount the insured is responsible for at the time of claim is called the deductible. When a claim is less than the deductible amount, the insurance will not make payment. If the claim is more than the deductible, the amount of the deductible is deducted from the total claim amount before the check is written. The deductible is never given to the insurance company by the insured.

State-Required Minimums

Most states require a certain amount of auto insurance for drivers to maintain a vehicle tag and drive public roads legally. State-required minimums refer to the basic amount of coverage required by law in your state. It is important to note that abiding by state-required minimums for your insurance coverage does not relieve you of the legal obligation to pay for damages that exceed that coverage. So discuss your individual risk with your agent. Securing appropriate coverage in excess of the state-required minimums ensures compliance with state laws and prevents out-of-pocket costs in larger claims.

Vargas & Vargas understands there is a lot more to choosing the right coverage than knowing car insurance terms. That’s why we are a premier local independent insurance agency. We work for you, not the insurance company. We are here to answer all of your questions and customize your coverage to your specific needs at the right price. Give us a call to discuss your coverage today.

Condo Insurance Coverage Terms You Need to Know, Part Two | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 18 May 2021 11:00:00 GMT

Having a condo insurance policy brings peace of mind — that is, until you’ve had a claim and realize you don’t understand any of the policy’s terminology. Vargas & Vargas Insurance is committed to making sure you have all the tools you need (and a full understanding of common condo insurance coverage terms) to make the best decisions about your condo insurance coverage . Your home is important to you. Understanding your condo insurance policy is vital to making sure your home has the right protection.

Condo Insurance Coverage Terms

Bare Walls/Single Entity/All-In Master Policies

Your condo association will have a master policy in place to cover the building itself and common areas. There are multiple types of master policies. Knowing which type of coverage your condo association master policy has will help you determine what coverage you need.

Bare Walls

This coverage covers the condo building and common areas. The master policy covers everything from the sheetrock back. But the area within the bare walls is the condo unit owner’s responsibility, including light fixtures, faucets, and everything else. This is the most common type of condo association master policy.

Single Entity Coverage

In this case, the master policy covers the unit as is when the owner moves in, including cabinets, flooring, etc.

All-In Coverage

This rarest form of condo association master policy covers everything but your personal property, including any alterations and improvements you make after moving in.

Dwelling Coverage

Once you’ve determined what your condo association’s master policy covers, you are responsible for the rest. Your condo insurance policy’s dwelling coverage will cover all the permanently affixed items not covered by the master policy up to the dwelling coverage limit.

Personal Property Coverage

This includes all of your personal belongings, such as clothing, furniture, electronics, household tools, and more. It’s important to speak with your agent about items you think fall into this coverage area but may actually not. Examples might be golf carts and four-wheelers. Keeping an inventory of your personal property is important, too; you will need to itemize them in the event of a loss.

Unit Improvements and Betterments Coverage

This coverage protects the upgrades you’ve made to your condo unit, which your condo association’s master policy might not cover. This could include upgraded flooring, cabinetry, light fixtures, or faucets. You’ve worked hard to make your condo personalized for your family. So make sure those upgrades have coverage.

Liability Coverage

While the condo association master policy may provide some coverage for liability incidents on common property, that doesn’t release you from responsibility for liability within your residence. In a condo, your liability risk increases due to the proximity of other condo units. Liability coverage provides legal protection up to your policy limit. Most policies come with a basic amount, but you can increase it for a minimal additional premium.

Additional Living Expense/Loss of Use

When a claim occurs, your condo may not be inhabitable for a time. This is why Additional Living Expense coverage, also known as Loss of Use coverage, is so important. This coverage will help with the cost of displacement up to the time period specified in the policy.

Endorsement

An endorsement is an addition to your condo policy. You may need more coverage than allotted in your basic policy in a particular coverage area. Endorsements allow you to add that coverage. A common example is jewelry. Most policies provide a limited amount of jewelry coverage but allow more coverage through endorsements.

Exclusion

An exclusion is a coverage area that is specifically not included in your policy. Your policy will have a list of exclusions. It’s imperative to review these exclusions because there are often options to provide coverage for the excluded perils separately. One example is flooding. A flood is usually an excluded peril; however, flood insurance is available as a stand-alone policy.

Inflation Protection

The cost to repair or replace damage to your home and belongings does not stay static. So most condo insurance policies include inflation protection, which raises your coverage in small increments each renewal, as needed, to keep pace with inflation.

Risk/Peril

A risk is the possibility of something unexpected happening. A peril is the cause of something unexpected happening. For example, the peril of a fire increases the risk of damage to personal property. Knowing what perils are covered under your policy is imperative for you to have proper protection from the risks you face as a condo unit owner.

For more condo insurance coverage terms, see part one of Condo Insurance Terms You Need to Know . Condo insurance coverage terms can be intimidating while also being vitally important. That’s why Vargas & Vargas Insurance, a premier local independent insurance agency, is here. We will customize your insurance coverage to your specific needs at the right price and are here to answer all of your insurance questions. Contact us today .

Condo Insurance Terms You Need to Know, Part One | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 11 May 2021 11:00:00 GMT

Your condo is your home. It’s the place where you make memories. Insuring it properly can be confusing because condos are a little more complicated to insure than your typical home. Condo unit owners share responsibility for the home with the condominium association. What does this mean, and how does it affect your insurance? Vargas & Vargas insurance can help you navigate the often confusing world of condo insurance and condo insurance terms.

General Condo Insurance Terms

Condo

A condominium (condo) is a unit that is individually owned within a building that contains other units, which are also privately owned. All unit owners share ownership of commons areas, including pools, gyms, playgrounds, etc.

Insured/Insurer

The insured is the person coverage is being provided for, generally the owner of the condo. The insurer is the insurance company providing the coverage for your condo.

Additional Insured

The declarations page will list the additional insured, along with the insured. The additional insured is anyone else other than the condo owner who has a legal interest in the home. The most common additional insured for a condo policy is the mortgage company. An additional insured will be notified of the policy renewal and if the policy is in danger of cancellation. They may also be payees on larger claims checks.

Condo Association/Condo Association Master Policy

A condo association is an organization that handles the day-to-day operations and decision-making for a condo community. They and the policies they handle are the major differences between home insurance and condo insurance .

This includes purchasing a condo association master insurance policy. The master policy covers the areas common to all unit owners. The unit owners are typically responsible for everything within the unit’s walls. The condo association master policy covers the rest of the commonly owned structures. However, each policy can be different, so understanding your condo association’s master policy is essential to understand your own condo insurance needs.

Policy Period

This is the time period your condo is currently insured for, which is usually one year. Most condo policies renew automatically, assuming you continue to pay the premium.

Premium

The annual amount you pay for your condo insurance is called the insurance premium. This premium can usually be divided into convenient payments of monthly, quarterly, or semiannual installments if it’s not paid directly to the insurance company through your mortgage escrow account.

Deductible

The deductible is the amount the insured (the condo unit owner) is responsible for in the event of a claim. If a claim is less than the deductible amount, the insurance company bears no responsibility for payment of the claim. If the claim is more than the deductible, the deductible will be subtracted from the claim’s total amount before the insurer pays out. The deductible does not go to the insurance company.

All-Risk/Named-Peril

An all-risk insurance policy covers all potential causes of loss other than those specifically excluded in the policy. A named-peril policy covers events if the policy lists out those specific causes of loss. While an all-risk policy can be more inclusive, it is generally much more expensive and not as common. Most insurers choose to cover the most common risks, providing a broad scope of protection while keeping premiums affordable.

Replacement Cost (RCV/ACV)

When you purchase your condo, the sales price is based on the market value of your home. The desirability of the location and many other factors determine that price. But when you have a loss, the location’s desirability has no bearing on the cost to rebuild your home or replace your roof. That’s why it is important to understand the difference in replacement cost and actual cash value.

The replacement cost value is the cost to replace a damaged item or item, whether it be your TV or all of your belongings. The actual cash value takes into account the depreciated value of the item. For example, if your sofa is five years old, then you got five years’ worth of value from your sofa. So your company will take a deduction from the amount paid for your claim that takes into consideration the age of the sofa. Knowing which type of coverage you have before a claim can prevent many misunderstandings.

General condo insurance terms are important to know, but there are many more terms that can make all the difference in understanding your condo insurance. For more insurance terms, see part two of Condo Insurance Terms You Need to Know .

Vargas & Vargas Insurance is a premier local independent insurance agency. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price and are also here to answer all of your insurance questions. So contact us today.

Home Insurance Terms You Need to Know, Part Two: Homeowners Coverage Terms | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 04 May 2021 11:00:00 GMT

The only thing worse than having a homeowners insurance claim is having a claim and realizing you didn’t understand the home coverage terms in your insurance policy . Now you don’t have the coverage you thought you had. Vargas & Vargas Insurance wants you to have the knowledge you need to make the right decisions about your insurance. Arming yourself with the knowledge of homeowners coverage terms is crucial in preventing unwelcome surprises when a claim occurs.

Homeowners Coverage Terms

Dwelling Coverage

A dwelling is the building in which you live. In home insurance terms, your home is your dwelling. It is insured for the perils in your policy up to the policy dwelling coverage limit. But this is for the main structure only and does not include the contents. Contents have their own coverage area in a home insurance policy.

Additional Structures Coverage

Any structures on the premises not attached to the main dwelling are other structures or additional structures. This includes a workshop or shed, for example. An amount equal to 10% of the dwelling coverage is usually also allotted toward additional structures as part of your basic coverage. However, you may want to purchase additional coverage, if needed. This coverage does not apply to the contents of the additional structure. Those are covered with your personal property coverage.

Personal Property Coverage

This is for all of your personal belongings, such as clothing, furniture, electronics, household tools, etc. It’s important to speak with your agent about items you think may fall into this coverage area but actually may not. Examples might be golf carts and four-wheelers. Keeping an inventory of your personal property is important, as you will need to itemize them in the event of a loss.

Liability Coverage

Homeowners can be held liable for a wide variety of events occurring on their property. Liability coverage provides legal protection for the majority of these, up to your policy limit. Also, most policies come with a basic amount that you can increase for a minimal additional premium.

Additional Living Expense/Loss of Use

When a claim occurs, your home may not be inhabitable for a time. This is why Additional Living Expense coverage, also known as Loss of Use coverage, is so important. This coverage will help with the cost of displacement up to the time period specified in the policy.

Endorsement

An endorsement is an addition to your homeowners policy. You may need more coverage than allotted in your basic policy in a particular coverage area. Endorsements allow you to add that coverage. A common example is for jewelry. Most policies provide a limited amount of jewelry coverage but allow more coverage through endorsements.

Exclusion

An exclusion is a coverage area that insurers specifically do not include in your policy. Your policy will have a list of exclusions. It’s imperative to review these exclusions, as there are often options to provide coverage for the excluded perils separately. One example is flood coverage. Floods are usually an excluded peril, but flood insurance is available as a stand-alone policy.

Inflation Protection

The cost to repair or replace your home and belongings does not stay static. Most homeowners policies include inflation protection, which raises your coverage in small increments each renewal, as needed, to keep pace with inflation.

Risk/Peril

A risk is the possibility of something unexpected happening. A peril is the cause of something unexpected happening. The peril of a wind storm increases the risk of damage to your roof. Knowing what perils are covered under your policy is imperative for you to have proper protection from the risks you face as a homeowner.

For more homeowners coverage terms, see the first installment of Home Insurance Terms You Need to Know . Homeowners coverage terms can be intimidating while also being vitally important. That’s why Vargas & Vargas, a premier local independent insurance agency, is here to help. We will customize your insurance coverage to your specific needs at the right price and are here to answer all of your insurance questions. So contact us today .

Facts You Need to Know About Life Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 30 Apr 2021 20:30:00 GMT

Do you have life insurance? If not, what’s stopping you from having this policy?

If you’ve family members who depend on you for their daily bread, then you need to think again. Consider the state you’d leave them in if you were to die today. The funeral costs alone are too high. Consider any mortgage or student loans you’d been paying. Clearly, these are not debts you want to pass on to your loved ones.

You need to save your loved ones from such problems by purchasing a life insurance policy. If you’re not sure why you need one, our team at Vargas & Vargas Insurance has compiled this guide for residents of Dorchester, MA.

You Need Term Life Insurance

There are different types of life insurance, and term life is one of them. If you’re like 90 percent of people with life insurance, you’ll choose to go with a term life insurance policy.

As the name suggests, term life insurance covers a specific period. In most cases, it is 20-30 years. The aim is to ensure that your loved ones are protected if you die during this period, mostly your working years. It has no cash value until you die, and the premiums you pay are smaller than for whole life insurance.

Insurance is Not an Investment

Since some life insurance policies have cash value, you might think that this is a form of investing in the future. However, this should not be the case. If your goal is to grow your capital over time, you’re better off trying something else.

What you need to put in mind is that you’re protecting your loved ones. If they don’t need any protection, you don’t need this policy.

Are You Considering Buying Life Insurance in Dorchester, MA?

If you’re shopping for life insurance, this is part of the information you should know. There’s still much more you need to know about life insurance. That’s why you need to reach out to our Vargas & Vargas Insurance experts for more information.

Home Insurance Terms You Need to Know, Part One | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 27 Apr 2021 11:00:00 GMT

When it comes to your home, proper home insurance coverage is vitally important. However, insurance terminology can make reading a quote or policy feel like reading a foreign language. Without understanding home insurance terms, you could find yourself with far less coverage or far different coverage than you thought. Vargas & Vargas Insurance is committed to making sure you have the knowledge you need to make the right insurance decisions regarding your home insurance.

General Home Insurance Terms

Declarations (Declarations Page)

This refers to the page of your policy that gives your basic information, including the name and address of the insurance company, coverage to and from dates, basic coverages, deductible, premium, and any additional interests. It’s an overview of your policy and is often what your mortgage company will ask for to show proof of coverage.

Insured/Insurer

The insured is the person that coverage is being provided for—generally, the owner of the home. The insurer is the insurance company providing the coverage for your home.

Additional Insured

The declarations page will list the additional insured, along with the insured. The additional insured is anyone else, other than the homeowner, who has a legal interest in the home. The most common additional insured for a homeowners policy is the mortgage company. An additional insured will be notified of the policy renewal and if the policy is in danger of cancellation. They may also be payees on larger claims checks.

Policy Period

This is the time period your home is currently insured for, which is usually one year. Most homeowners insurance policies renew automatically, assuming the premium is paid.

Premium

The annual amount you pay for your homeowners insurance is the insurance premium. This premium can come in convenient payments of monthly, quarterly, or semiannual installments. Typically, homeowners pay it directly to the insurance company through a mortgage escrow account.

Deductible

The deductible is the amount the insured (homeowner) is responsible for in the event of a claim. If a claim is less than the deductible amount, the insurance company bears no responsibility for payment of the claim. If the claim is more than the deductible, the deductible will be subtracted from the claim’s total amount before the insurer pays out. The deductible is not paid to the insurance company.

All-Risk/Named-Peril

An all-risk insurance policy covers all potential causes of loss other than the ones specifically excluded in the policy. A named-peril policy covers the causes of loss specifically listed in the policy and no others. While an all-risk policy can be more inclusive, it is generally much more expensive and not as common. Most insurers choose to cover the most common risks, providing a broad scope of protection while keeping premiums affordable.

Replacement Cost Value (RCV)/Actual Cash Value (ACV)

When you purchase your home, the sales price is based on the market value of your home. The price depends on the desirability of the location and many other factors. When you have a loss, however, the location’s desirability has no bearing on the cost to rebuild your home or replace your roof. That’s why it is important to understand the difference in replacement cost and actual cash value.

The replacement cost value is the cost to replace a damaged item or item, whether it be your TV or your roof. The actual cash value takes into account the depreciated value of the item. If your roof is ten years old, you got ten years’ worth of value from your roof, so a deduction is taken from the amount paid for your claim to account for the age of the roof. Knowing which type of coverage you have before a claim can prevent many misunderstandings during the claims process.

General home insurance terms are important to know, but there are many more terms that can make all the difference in understanding your home insurance. For more insurance terms, see the second part of our series on Home Insurance Terms You Need to Know .

Vargas & Vargas Insurance is a premier local independent insurance agency. We work for our clients, not the insurance company. We will customize your insurance coverage to your specific needs at the right price and are here to answer all of your insurance questions. Contact us today.

5 Home Improvements for Lower Insurance Costs | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 20 Apr 2021 11:00:00 GMT

Home improvements breathe new life and style into your home. They can also bring a decrease in your homeowners insurance premiums . Both can be exciting. Which home improvements not only bring new form and function to your home but also can decrease your homeowners insurance?

1. New Roof

Roof insurance claims compose a large portion of total homeowners insurance claims. Newer roofs are typically better able to handle wind and hail storms. Perhaps when you first purchased your home, you didn’t qualify for a preferred policy due to your roof’s age. But because of the new roof, you may now qualify. Your new roof’s material can also impact your homeowners insurance rates. More importantly, by keeping your roof maintained, you may be able to avoid claims. This will have a positive impact on your insurance through claim-free discounts.

2. Security System

An alarm system monitored by a central station is another way to avoid potential claims by discouraging burglaries and quickly notifying emergency services in the event of smoke or fire. This helps you retain your claim-free discount and prevent damage to your home and loss of property. Your insurance company rewards these efforts in the form of a discount.

Most insurance companies require that the alarm system automatically notify emergency services. It cannot simply sound an alarm or record video. However, they may offer a partial discount for these options. A central station burglar alarm will save you between 5%-15% on your home insurance if your smoke alarms are connected to the monitored system.

3. Wiring and Plumbing Updates

Fire from faulty wiring and water damage from plumbing concerns are also common homeowners insurance claims. The age of these systems may have prevented you from receiving a preferred rate initially. Updating these systems could change that.

While discounts can be available for wiring and plumbing updates, these updates may require the wiring and plumbing to be completed updated by removing and replacing all existing writing and plumbing, rather than a partial update. But any updates to your wiring and plumbing can prevent damage. It can therefore reduce claims and benefit your homeowners insurance over time, even without a specific discount.

4. Simple Updates: Deadbolt Locks and Fire Extinguishers

Deadbolt locks are a simple update to your home that can provide added protection and a potential discount for your insurance. Fire extinguishers may be another easy addition to your discount portfolio.

5. Pool Fencing

Insurance companies often require fencing around a pool due to the inherent risk of an accessible attractant to a drowning hazard. If you do not have a fence around your pool, adding one will reduce the risk of a tragedy. It could also prevent surcharges on your insurance for this risk.

Home improvements provide value to your home regardless of the potential benefits to your insurance. However, when determining which improvements are suitable for your home and the costs associated with each, possible decreases in your homeowners insurance should be considered.

At Vargas & Vargas Insurance, your premier local independent insurance agency, we work for our clients, not the insurance companies. Contact us for advice on how the home improvement projects on your list can reduce your homeowners insurance premiums.

2 Ways Home Improvements Change Insurance Premiums (And How to Protect Your Investment) | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 13 Apr 2021 11:00:00 GMT

When deciding the monthly premiums for your home insurance policy , your insurer has to consider multiple factors. However, with time, you may feel the need to improve your home for a better living experience. What most homeowners do not know is that such improvements can expose them to uninsured risks. Here’s how home improvements change your premiums and what you should do after such enhancements to keep things in check

1. Effects of Home Improvements on Insurance Premiums

Once you improve your home, you either increase the property’s value, increase the likelihood of peril, or protect the property from risk. Based on the following three scenarios, your insurer may increase or reduce your monthly premium.

Home Improvements That Increase Your Premiums

At some point, you may decide to expand the size of your house, upgrade your kitchen space, or even redesign your bathroom. Such improvements increase the value of your property to an amount exceeding the sum insured . Increasing the value of your property means increased your monthly premiums.

You also attract higher monthly premiums on home improvements that your insurer considers risky. For example, you may decide to spice things up with a private pool. While this increases your property’s value, your insurer may increase your monthly premiums to bolster your liability cover .

Home Improvements That Reduce Your Premiums

Depending on the nature of your home improvements, your insurer can also reduce the amount you pay in premiums. You can decide to renovate your roof or install one that is resistant to disaster. You can even choose to have a locking fence around your pool or install a protective cover. Such improvements are likely to reduce your monthly premiums as they reduce the likelihood of peril.

2. What You Should Do Before Home Improvement Projects to Be Safe

Before starting on any home improvements, you need to contact your insurer . Whether it is a simple addition or a major renovation, your insurer should let you in on its effects on the value of the property. Failing to notify your insurer of improvements may lead to underinsurance .

Almost all home improvements change insurance premiums. Let’s face it; there’s still a chance that you made some home improvements without notifying your insurer. It is not too late. Be sure to contact Vargas & Vargas for guidance on the best way forward. We are a premier local insurance agency that places your interests before those of your insurers. We work for you only and will help you find the best insurance coverage for your needs.

How Inflation Affects the Cost of Replacing Your Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 06 Apr 2021 11:00:00 GMT

The country’s economy depends on various variables, which include inflation. Inflation has a negative or positive impact on the local industries. Among the sectors affected by the fluctuation of prices is the construction industry. The following is an overview of how inflation affects the cost of replacing your home and how this impacts your home insurance premium .

How Does Inflation Affect the Construction of a House?

As a result of inflation , the building material rates, machinery rates, and labor wages increase annually. The prices of most house equipment also rise due to inflation. When replacing a home, the changes in rates cause a deviation between the initial project budget and the final budget.

The high cost incurred during house construction results in an increase in the insurance premium. The insurance companies raise their premiums to cover and keep up with the increasing repair cost caused by inflation or annual property tax increase. Homeowners should have their property valuated regularly. The new data can be used in the settlement process if the house is damaged.

Home Replacement and Its Effect on Insurance Premium

While determining the initial home insurance premiums, insurance companies consider factors such as the square footage, the year it was built, the number of stories, the number of kitchens or bathrooms, flooring, and roof covering.

During property replacement, the insurance company will replace the lost asset with a similar replacement of the same value and functionality as the original one. However, quality items and luxury add-ons such as swimming pools are expensive to fix or replace if damaged.

The increase in the new items’ prices and the risk of maintaining them force the insurers to increase their premiums.

Vargas and Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price. Also, we are here to answer all of your insurance questions. Contact us today.

5 Home Improvements That Could Increase Insurance Costs | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 30 Mar 2021 11:00:00 GMT

Home improvements are exciting. Visions of increased functionality, luxury, and property values are almost equal to the initial purchase’s excitement. Home improvement projects are at an all-time high. Families are spending more time at home due to COVID-19 restrictions and fears. As a result, they are making their home as enjoyable as possible. There are many decisions to be made and multiple factors to take into consideration. One of those considerations should be the probability of an increase in your homeowners insurance premiums. Look at what can happen with these five popular home improvements that could increase insurance costs.

1. Increased Square Footage

A home that fits your family’s needs at the time of purchase may no longer do so after a few years. As your family grows, increased square footage is often needed. This could be in the form of an addition to the home, but it can also include finishing existing unfinished spaces, such as a basement or attic. Additions can also mean outdoor space. The addition of a deck, porch, covered patio, or attached garage also necessitates homeowners insurance changes.

Each of these additions increases the rebuild (replacement) cost of your home. Increased replacement cost directly equates to a needed increase in your dwelling coverage. More space usually means more personal property purchases, as well. This could also mean a need for an increase in personal property coverage.

2. Kitchen and Bath Upgrades

Kitchen and bath upgrades are some of the most popular home updates. These upgrades can have the greatest return on investment for property values. While your homeowners insurance is based on replacement cost, not appraised value, upgrades to kitchens and baths mean it will cost more to put your kitchen and bath back to their upgraded condition in the event of a loss. It’s essential to make sure you increase your homeowners insurance coverage relative to those increased replacement costs.

3. Home Office Additions

As more and more individuals work from home, home office additions are becoming more common. A home office may be a modification to an existing space or an addition to the home. It could also mean you need more personal or business property coverage on your homeowners insurance. Your liability exposure is also enhanced, and coverage may need to be increased accordingly.

4. Pools

In-ground pools are arguably the most fun addition. They are also a costly addition with enhanced liability risk. Your homeowners insurance company may require fencing or other risk reduction measures. Reviewing your increased risk and making any needed changes can make the poolside all the more relaxing. A personal liability umbrella policy can add additional liability protection and peace of mind.

5. Home Business

Brick-and-mortar businesses are rapidly decreasing as companies move to a virtual or home business environment. Business in the home brings about an entirely different set of coverages and risks than a personal home office. Disclosing a business in the home and exploring how this affects your homeowners insurance is crucial to your business’s protection.

There are many home improvements that could increase insurance costs, but home upgrades are an excellent way to extend the functionality and enjoyability of your home. Potential increases to your homeowners insurance would be due to the increased cost to rebuild your home and protect your assets. The value of these upgrades and the knowledge that your home improvements are properly covered far surpasses the cost of potential changes in your homeowners insurance premiums.

Vargas & Vargas Insurance is a local, premier independent insurance agency. We understand your home is important to you. So we will customize your insurance to your specific needs at the right price. We will also carefully evaluate home improvements that could increase insurance costs. Contact us to discuss your home insurance needs.

Here’s What Happens When You Make a House Insurance Claim | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 23 Mar 2021 11:00:00 GMT

Having your house insured can save you a lot of trouble. House insurance usually covers your house and its contents. However, policies vary, and some may cover the structure alone. In case a risk materializes, you should put in a house insurance claim for compensation from your insurer. Settlement can take days, months, or even a year, depending on the damage.

Making a house insurance claim can be very complicated . Most insurance companies expect you to fill a claim form, giving a detailed description of the incident. You may also have to attach proof of purchase to have damaged items replaced or repaired (depending on your policy). Here’s what happens when you put in a claim on your house insurance.

1. Determination of the House Insurance Claim

Once you put in a claim on your house insurance, your insurer is expected to respond within two weeks. The insurer may contact you for more information within this period. In extreme situations, the company can hire a loss adjuster to investigate the incident. The adjuster will examine the property and ask you questions about its state, before and after damage. The adjuster’s report will then guide the insurer’s decision to accept or deny the claim.

If your claim is denied, your insurance company should send you a detailed report clearly explaining the reasons for the denial .

2. Compensation for Property Damage

Based on the information provided, your insurer makes compensation arrangements. This decision is based on the loss adjuster’s report and your past adherence to the insurer’s policies. The insurer determines the amount of compensation based on the degree of damage and the pre-established policy amount.

The insurer can decide to pay through a bank deposit or by cheque, depending on the claim. However, if you acquired your house through a mortgage, your insurer will wire a payment check directly to the mortgage company. Therefore, you should inform the company of the insurance claim early in the process.

3. Urgent Financial Need and Preventive Repairs

In the event of peril, you may have financial hardship due to the damage to your property. Your insurer should make advanced payments to help you overcome such difficulties. Additionally, any costs you have from making emergency repairs to prevent further damage should be reimbursed by your insurer.

Getting compensated for damage to your home can be quite a headache. Working with a local independent insurance agency can help you avoid this headache. An independent insurance agent represents you and does not work for any insurance company.

Vargas & Vargas Insurance is a premier local independent insurance agency that solely serves your interests and not those of your insurers. At Vargas & Vargas, you will get custom and affordable insurance coverage for your specific needs and have all of your insurance questions answered. Contact us today to get started.

What You Need to Know About Commercial Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 15 Mar 2021 10:00:00 GMT

As a business owner in Dorchester, MA, you need to have commercial insurance for your business to cover specific liabilities. However, sometimes it is very challenging to understand the entire concept of commercial insurance, especially if this is not your area of specialization. Vargas & Vargas Insurance has realized that many business owners make grave mistakes when it comes to business insurance and offer some basics on this policy.

Why Commercial Insurance?

So, some business owners do not know why they need commercial insurance, and some of them ignore it entirely, only for them to regret it later after disaster strikes. It is essential to understand that commercial insurance protects your business and the investments you have made against disastrous events.

Having commercial insurance is necessary because it protects all the assets that your business owns. However, commercial insurance may also help you cover the different types of liabilities your business may cause to suppliers, customers, and other parties.

How Does It Work?

Generally, commercial insurance is an agreement that lasts for one year and can be renewed by either party. It involves paying an agreed amount of money to an insurance agency that will assume the liabilities and the damages that your business may experience during the year.

The amount of money paid to the insurance company typically depends on the properties at hand, possible risk exposure, and other possible requirements such as the number of customers and vendors associated with the organization.

Do You Need Commercial Insurance?

Before you start running your commercial organization in Dorchester, MA, you need to have your commercial insurance in place so that you can be ready from the first day of your operations. Vargas & Vargas Insurance will guide you in the process of getting the best commercial insurance to meet the needs of your business.

4 Tips on Preparing Your Car for Spring | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 12 Mar 2021 12:52:00 GMT

Preparing your car for spring helps to ensure it functions properly in the warmer weather. Spring cleaning not only allows you to remove all the dirt and snow debris, but the simple maintenance and checks that you do in the process can save your car from potential damage and save you money through your auto coverage . You can choose to clean your vehicle yourself or take it a professional. Here are tips for preparing your car for spring:

1. Wash Inside and Outside Your Car

Wash your car thoroughly and remove all the salt buildup and snow debris accumulated in the undercarriage. Removing the salt and buildup prevents rust and keeps your vehicle in good condition. Also clean the interior of the car, including the floor and mat.

2. Check Your Wipers

During winter, windshield wipers do a lot of work. Check and see if they are in good condition, then replace the blades if they are worn out. New wiper blades will give you better functionality and improved visibility as spring begins. Good visibility when driving is essential to reduce accidents.

3. Inspect Your Tires

Align and rotate each of your tires. Check the alignment and make sure the car is driving straight. Check the treads, as well. If you changed your tires to winter tires, you should switch back to all-season tires for better functionality in the spring.

4. Confirm Your Insurance

Check your insurance policy and make sure it sufficiently covers claims that are common in the season. For example, you can look at the comprehensive coverage and familiarize yourself with what it entails. You can also check with your insurance agent in case of any auto insurance benefits or discounts now available.

Transitioning from winter to spring requires proper preparation to ensure the safety and proper functionality of your vehicle. Whether preparing your car for spring is a DIY project or you choose to seek professional services, these tips will help your vehicle serve you better in spring. Vargas and Vargas is a premier local independent insurance company. We are here to answer all your insurance questions, so contact us today .

Top 5 Reasons to Use an Independent Agent for Your Personal Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 09 Mar 2021 11:00:00 GMT

Accidents happen, and when they do, we need a companion to hold our hand through the devastating effects. Personal insurance provides compensation for any damages sustained in the aftermath of an accident. There are several ways you can get personal insurance. Whether you opt for secure coverage from insurance organizations or buy policies online, navigating the coverage and claim is easier with a trusted companion by your side. Independent insurance agents rise to the task. Here are some benefits of using an independent agent for your personal insurance.

1. Wider Choice of Insurers

Independent insurance agents represent multiple insurance companies, so they can obtain quotes from different insurers. Different insurers might have varying products and scope of coverage . When you have the help of an independent personal insurance agent, you can compare other insurers’ policies and choose one that suits your needs.

2. Licensed Professionals

Independent agents are legally obligated to be ethical. That’s why an independent agent needs to obtain a license before presenting any services to you. A licensed independent insurance agent is morally tied to act in your best interests. You can always verify the validity of an independent insurance agent by checking with the insurance department.

3. Personalized Services

You are likely to be one of the many individuals looking for personal insurance coverage. The niche is known to be crowded. When you choose an independent agent for your personal insurance, you can develop a close relationship. They will help you understand the different personal insurance covers and acquire a more personalized insurance cover.

4. Risk Assessment

Independent insurance agents are trained to assess risk. An independent insurance agent can help assess the situation and suggest an individualized cover. An agent will help you prioritize the risks and also help you determine which risks are insurable. With a background knowledge of your geographical area , an agent will help evaluate the potential risks and how to mitigate them.

5. Claims Assistance

Navigating the world of claims can be time-consuming. An independent insurance agent will help you file claims for any accidents that occur. In case of any event, you can contact an agent, and they will take it from there. Independent insurance agents act as your advocates when a risk occurs. The familiarity in handling personal insurance claim procedures makes the process smoother. Independent insurance agents will help you get reasonable compensation. With the help of an independent agent for your personal insurance, you can receive compensation in a shorter duration.

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price and also be here to answer all of your insurance questions. So contact us today.

When should your review your home insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 02 Mar 2021 22:27:00 GMT

About a month before your home insurance is due for renewal you will receive a copy of your policy details in the mail or maybe in an email. The front page of that is your Homeowners Policy Declaration. It includes your policy number, the dates your policy is in effect, your agent’s name, and the address of the property being insured. It also includes your liability limits, deductibles, and any additional coverages you have. At Vargas & Vargas Insurance in Dorchester, MA, our staff is focused on making sure our customers have a positive insurance experience. We put our customer’s needs first.

When your policy renews

When you get this notice from your insurer, it is the perfect time to review all the figures. Look at the amount of coverage you have for the replacement of your home, contents, outbuildings, living expenses, and liability coverage. Do they make sense? Has the cost of your policy gone up substantially? Is there a legitimate reason for the increase? What is your deductible? After you have looked it over you may want to have a discussion with your insurance agent.

When you add a significant amount of additional content

If you receive or purchase expensive jewelry, your policy may not cover it. Most traditional home policies have a low threshold for jewelry and other expensive items. You can add a rider to your policy to cover these items.

You make upgrades

If you make changes to your home: finish the basement or attic, add an extension or upgrade a kitchen the value of your home may have increased. If you replace your roof or add a home security system, you may be eligible for a discount. Make sure your agent knows all the latest information about your home.

Contact Vargas & Vargas Insurance in Dorchester, MA with your home insurance needs.

How an Insurance Agent Can Help With Your Home Purchase | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 02 Mar 2021 11:00:00 GMT

Purchasing a home is one of the most exciting events in a family’s life. It is also a great time of confusion. So many pieces have to come together to turn a house into your new home. Having the right team throughout the home buying process is an important part of the puzzle. It’s common to think of realtors and mortgage brokers as part of your team, but did you know your local independent insurance agent can be a vital player, as well?

Resources

Independent insurance agents are not only in the community. They are an active part of the community. Because of this, they know the answers to most of those all-important questions when you’re purchasing a home. With knowledge of community services, neighborhoods, school systems, and referral partners, your insurance agent can be a great resource to help in your home purchase journey.

Guarding Against Surprises

You wouldn’t purchase your home without knowing how much the mortgage will be. You’ll also want to review your homeowners insurance in advance of your home purchase. This way, you can detect any obstacles like pre-existing or current home damage, which may affect your insurance, before purchase. Your insurance agent will review all the features of your future home to make sure you are properly covered . The replacement cost of your home versus its market value can be very confusing. Your insurance agent will walk you through the difference and explain your coverage in detail. This is also a great time to re-evaluate all of your insurance in consideration of your changing needs.

Ease of Home Purchase

Your insurance premium is often escrowed, meaning it is included as a part of your mortgage payment. Your insurance agent can work directly with your lender to deliver all insurance documents before your closing. This takes one more thing off of your hands and ensures your coverage begins immediately.

A home is an important purchase. Vargas & Vargas Insurance, a premier local independent insurance agency, will customize your homeowners insurance, answer all of your questions, and be there for you on the journey to your dream home. Contact us today to learn more.

5 Reasons to Use an Independent Agent for Business Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 23 Feb 2021 11:00:00 GMT

Every business owner needs multiple insurance covers. From health policies to general liability business insurance, entrepreneurs must protect themselves, their employees, and customers from unforeseen accidents. Using an independent agent for business insurance comes with many benefits that direct writers cannot offer.

1. Better Premium Deals

Independent insurance agents are usually knowledgeable about business insurance policies in their states. This, combined with their networks of insurers, makes them a valuable asset to your business. They can help you get the best premium deals at discounted prices. Since they are bound by law to serve your interests, you are assured that they will give you a variety of options that offer you maximum protection at lower costs.

2. Tailored Risk Assessment

Most independent insurance agents are trained risk assessment and management experts. They can therefore assess the potential areas of liability in your business and correctly advise you on the premiums that can protect you. They are also familiar with the latest business liability regulations. As such, they can guide you on any risks that need to be covered in your business. Direct writers may not offer such tailored risk assessment services, leaving your business inadequately protected.

3. Multiple Coverage Packages

Getting insurance policies from multiple insurers can be quite a hassle. Unfortunately, most direct writers specialize in specific policies. This is unlike independent agents, who often provide a one-stop-shop for all your business insurance needs. When you combine multiple premium coverages, you will have more room to negotiate the best rates for your entire insurance package.

4. Excellent Customer Service

Once you purchase your insurance from a direct writer online, you might never hear from them again. When you choose an independent agent for business insurance, on the other hand, your agent is just a call away. They will keep in touch and offer you after-sales customer care services by continually assessing your business whenever necessary. They will also inform you of the latest premiums that you might need, giving you room to revise your business insurance cover as you deem fit.

5. Hassle-Free Claims

Nobody likes the hassles of filing for claims because of the paperwork and long procedures involved. An independent insurance agent will save you from all these hassles by following up on your claims and handling the entire process on your behalf. They will also guide you on the correct claim estimates based on your cover.

Using an independent agent for business insurance can save you and your business a lot of money, time, and stress. They can handle all your insurance needs and give you room to focus on more productive activities.

If you are looking for licensed and experienced insurance experts who will place your interest before those of insurance companies, then contact Vargas & Vargas Insurance . Our premier local independent insurance agency has independent insurance agents who will customize your insurance coverage to your specific needs at the right price and answer all your insurance questions. Contact us today to get the best insurance premiums for your business.

Should You Have an Office in a Downsized Home? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 16 Feb 2021 11:00:00 GMT

Downsizing requires careful consideration of whether you need various features of your home or whether they can be eliminated. A home office is a full room that many people who are downsizing to a smaller home can eliminate. This can have a positive impact on your home insurance policy .

Consider Your Lifestyle

Deciding whether to include an office in a downsized home or not is not a one-size-fits-all situation. It can be tempting to make this decision solely based on space or insurance implications, especially when you are being intentional about downsizing. But it is also important to consider how keeping or creating a home office fits into your current career, educational, or recreational goals.

The past year has led to a drastic shift in many employees’ interest in working from home. Other people have begun to see the benefits of taking courses from home, both for credit and for fun. Online side gigs have also gained popularity.

Suppose you are currently participating in any of these activities or are considering doing so in the future. In that case, the benefits of having a dedicated home office space for working and learning may outweigh the cost of having an extra room. However, if you have no interest in working from home or are downsizing because you are retired or your children have moved out of your home, choosing a smaller home that does not include an office space is often the best option.

Insurance Implications of an Office in a Downsized Home

A home office is, of course, an extra room that needs to be insured. At best, it will add additional square footage to your insurance policy. In addition, your homeowners insurance may not fully cover your office in your downsized home. Why? It blurs the line between typical issues that all homeowners could experience and business-related expenses that are more complex. You will likely need to purchase an additional insurance policy if you are working from home. This is even more important if you are running your own business. Some employers may also require additional insurance coverage for remote employees that may not be fully covered by their regular workplace insurance policy.

A home office can be beneficial under the right circumstances. But choosing a home that does not include one can benefit your insurance policy. At Vargas & Vargas, we are the premier local independent insurance agency. Contact us today with any questions you have or to learn more about customizing your insurance policy to meet your pricing needs.

Should You Insure Your Diamonds? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 09 Feb 2021 11:00:00 GMT

Americans spent a record-breaking $20 billion on Valentine’s Day in 2020. This year, even in the wake of a pandemic, retail experts predict Valentine’s retail sales numbers around $27 billion! More specifically, Americans will buy anywhere from $5 to $10 billion in diamonds this year. That’s a lot of bling! At Vargas & Vargas Insurance , we know our customers wonder if jewelry should be insured. Like everything else related to insurance, the answer is: it’s complicated. If you think you should insure your diamonds, we recommend speaking to an agent about your unique needs.

Homeowners Insurance and Renters Insurance Have Strict Limits on Jewelry

Before you start looking into policies, know that a property policy will usually only cover a few thousand dollars of jewelry.

Depending on the insurer you choose, most homeowners and renters insurance policies will have a low limit for jewelry. You can add individual items — like that $10,000 bridal set — to your property policy by contacting your insurance agent. Usually, they’ll need to see some photos and an appraisal to “schedule” the jewelry onto your policy, and your premium will increase.

Your agent can schedule other expensive items on a policy, too. The Massachusetts Division of Insurance says artwork, fine silverware, and expensive furs are also good candidates for extra insurance.

On Appraisals and Valuations

The purpose of insurance is to protect a financial investment and to make you financially whole after a loss. Jewelry is sold with a very high markup. So your insurer will need to see some documents to prove the value of your gems.

The most respected certificates and reports come from the Gemological Institute of America (GIA), but a professional appraiser can provide them, too. Other certificates, reports, or receipts from the seller might not be enough to prove the value of your diamonds.

Vargas & Vargas Insurance is proud to be your premier local independent insurance agency. We work for our clients, not the insurance company. We’re ready to customize your property insurance to fit your needs and budget. Remember, if you have deeper questions about how to insure your diamonds, then contact a licensed agent today.

Downsizing or Rightsizing: Choosing a House and More | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 02 Feb 2021 11:00:00 GMT

You may want to downsize from your primary residence to a smaller home that suits your current stage in life. Choosing a house that fits your lifestyle based on where you are in life is also known as rightsizing . You can downsize or rightsize for various reasons, including reducing expenses like housing costs proportional to the size of the home you live in. Some of these costs to consider include:

• Insurance

• Utility costs

• Furniture

• Home maintenance

A smaller house can significantly reduce your expenses and impact your insurance coverage. So, if you are wondering how downsizing or rightsizing will impact your insurance coverage, read on.

1. Home Office Insurance Implications

A home office can alter your home insurance coverage and increase the cost. The insurance company may consider additional people who come to your house as an insurance risk, increasing your home insurance cost. If you plan to rightsize and cut costs, a downsized home should not have a home office.

2. Downsize Number of Cars

When downsizing the number of cars you have, you save on insurance costs. The insurance quotes for your family cars include the car model and how often you drive it.

If you own a sports car that’s expensive, it will cost more to insure compared to an SUV or a minivan. If you have two vehicles, you can eliminate the second one if that’s possible, depending on your family transport needs. This will save you money, especially on car insurance quotes.

3. Personal Auto Insurance Policy for Your Child

If your last child moves out, it will be wise to make sure the child has personal auto insurance coverage under their name. If they don’t have this policy, you might have to pay for expenses, or they will be expected to pay directly. Most auto insurance policies’ definitions of a family member require the family member to be part of your household.

4. Consider a Smaller House Without a Pool

A pool can be a liability , especially if you want to cut costs. As a homeowner, you will be liable for anyone that uses your pool with or without your permission. You may have to incur expenses up to 100,000 dollars in case of a pool accident. You can avoid these costs by not having a pool in your smaller house.

5. Smaller House Versus a Condo

Depending on your needs, you can choose to downsize to a condo or a smaller house. Condos are typically cheaper to maintain, considering that the condo association is responsible for the exterior walls, roof, and shared spaces. You will also not be thinking about landscaping.

Vargas & Vargas insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price when downsizing or resizing. Contact us today — we’re here to answer all your insurance questions.

The Difference Between Classic Car Insurance and Standard Auto Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 29 Jan 2021 16:45:00 GMT

You might wonder why you need classic car insurance when your other vehicles carry a standard auto insurance policy from Vargas & Vargas Insurance. Your classic car requires a different level of insurance coverage than your other vehicles.

You could wreck your 2020 Chrysler or Dodge in Dorchester, MA, pick up a check from the insurance company, and purchase a new 2020 Chrysler or Dodge from the car lot. That is not the case with a classic car.

If you wreck a completely restored 1963 candy apple red Corvette Stingray, you cannot drive to the Chevy lot and buy a new one. You would have a hard time replacing it.

You also would receive a different amount of money for the new car and the classic car. With auto insurance, your payout would come in the form of a depreciated value. You would get the Blue Book value of your car or truck on the day the accident occurred. You would not want this with a classic car. The depreciated value of a 1963 Corvette is not the same thing as the actual value of the same car when completely restored to pristine condition.

Classic car insurance pays actual value or agreed-upon value. That means you either obtain the actual cost of purchasing another mint 1963 Corvette or you get a check for the value of the vehicle as you and your insurance company agreed to it when you negotiated the insurance policy.

With classic car insurance, you do not get to drive your vehicle as often. The policy typically limits you to about 1,000 miles per year. You can show it in car shows and drive it in parades.

Choosing classic car insurance saves you money if your vehicle ever incurs damage. Contact Vargas and Vargas Insurance of Dorchester, MA to learn more about classic car insurance.

A Quick Guide to Shopping for Condo Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 26 Jan 2021 11:00:00 GMT

If you are shopping for condo insurance , there are some things that you will need to understand to ensure that you get the right coverage for your specific needs. Knowing what the condo association insurance already covers is an excellent place to start. This will enable you to get condo insurance coverage that fills the gaps.

Condo association insurance covers mostly common areas within the building like roofs and shared spaces like walkways, but check with your condominium association for specifics on what they cover. Most master policies provide coverage for these areas:

• All-in policy

• Bare wall policy

• Original specification policy

Most contracts of the association will cover exterior damages of the building, and the condo owner will be responsible for managing the interior. With this information, you can assess your specific needs before getting condo insurance to fill the gaps. Here is a guide to what you need to look for as you shop:

1. Look for the Best Rates

If you have a car, you can get a discount of between 5% and 15% for a package that includes auto and condo insurance.

2. Consider the Features That You Need

Assess your needs and choose the policy that fits. Typically, condo insurance coverage will include coverage for:

• Damage to personal property

• Personal liability (for you and your family)

• Loss assessment

• Building property and fixtures

• Loss of use

You can also find additional features like identity theft and many more that might be specific to you as you start shopping for condo insurance.

3. Choose the Best Customer Service

You will need to get in touch with your insurance at a time when you are stressed. This can be due to theft or a disaster. Good customer service will be beneficial at that time. Look out for a company with a good customer service reputation.

Shopping for Condo Insurance Is Easy With Vargas & Vargas

Vargas & Vargas Insurance is one of the premier local independent insurance agencies — we work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price, and our team is here to answer all of your insurance questions. Contact us today to get started.

What Does Condo Insurance Cover? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 12 Jan 2021 11:00:00 GMT

Condo insurance is property insurance for condo owners. It’s designed to protect the condo contents and repair the unit in instances of fire or burglary. Condo insurance provides liability coverage for the condo owner, too. Today, we’ll take a closer look at Massachusetts condo insurance . We’ll explore the coverages and perils that policies can insure against — and highlight some gaps, too. Remember, if you have deeper questions about condo insurance, talk to a licensed insurance agent at Vargas & Vargas Insurance today!

What’s Covered by Condo Insurance in Massachusetts?

Condo insurance policies in Massachusetts are similar to homeowners insurance, with a few key differences. The basic idea is the same — it’s an insurance policy that protects the condo owner from loss from perils like:

Fire
Wind
Hail
Lightning
Burglary or theft
Civil riot
Malicious mischief

In a nutshell, if your condo burns down or gets burglarized, then your insurance company will reimburse you for your belongings. Remember, condo insurance will only pay up to the policy limits (after the policyholder pays a deductible). It’s vital to know whether your condo insurance policy will pay you the Actual Cash Value (ACV) of your belongings or Replacement Cost (RC) .

Liability Coverage

“Liability” means responsibility. In Massachusetts, most condo insurance policies will include liability coverage. If a visitor stumbles in your home and breaks their ankle, this insurance covers you.

What’s NOT Covered by Condo Insurance?

Condo owners don’t have an interest in the outer property. Your condo insurance policy won’t cover the condo building’s exterior, separate structures and outbuildings, fences, trees, and landscaping.

Also, know that certain luxury items in your condo might not be covered. If you own an $18,000 painting by Pablo Picasso or a luxury strand of pearls, you’ll need to have them specifically added to your condo insurance policy. In addition, a standard condo policy in Massachusetts doesn’t cover some perils. Floods, for instance, require a separate flood policy.

Vargas & Vargas Insurance is proud to be your premier local independent insurance agency. We work for our clients, not the insurance company. We’re ready to customize your condo insurance to your unique needs at the right price, and we’re here to answer your insurance questions. Contact us today.

What's the Difference Between Home Insurance and Property Insurance? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 05 Jan 2021 11:00:00 GMT

Ever wondered what the difference is between homeowners insurance and property insurance? Maybe you saw both listed somewhere and wondered if they are different. Well, if you were wondering, here is a quick overview of the terms and what they mean — and why they are important to know.

Property Insurance

Property insurance is an umbrella term for all different kinds of dwelling insurances and can include:

Homeowners insurance
Renters insurance
Flood insurance
Earthquake insurance

Property insurance is normally part of your homeowners policy, but the homeowners policy doesn’t have to be the entire property insurance policy. For example, a property insurance policy could be for a dwelling that isn’t your home (see renters insurance ). The homeowners policy will be more than just the property insurance.

Home Insurance

Your homeowners policy will most likely be a hybrid policy that will include both the property insurance element and some riders that have other things on it. An example of a rider is if you have some expensive art or jewelry in your home, then you will get an additional rider to cover those expensive pieces. Here are a few of the perils that your homeowners insurance will typically cover:

Fire
Theft and vandalism
Windstorm or hail
Explosion
Falling objects
Loss of Use: This is when a part of your home ends up needing to be repaired. If it causes you extra expenses, your homeowners policy will reimburse you for those extra costs. Another part of this applies to rental properties. You may suffer from loss of rental income or “loss of rents” if you have a rental property that becomes unlivable due to a covered event. You will be reimbursed for the amount you would typically receive in rental income per month in this instance.

This list is not complete, but it should give an idea of the types of things that are covered in the typical homeowners insurance plan. Each homeowners insurance plan is customized for you, the homeowner, so the best way to discover what kind of coverage you currently have (or don’t have) is to check out the exclusions page of your policy.

Vargas & Vargas Insurance is the premier local independent insurance agency. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price. We’re also here to answer all of your insurance questions — contact us today.

Home and Home Insurance Winterization Tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 29 Dec 2020 11:00:00 GMT

The weather outside is definitely on its way to being frightful, and the fire may be so delightful. Have you winterized your home and checked to make sure your home insurance is ready for winter? Below are some home and home insurance winterization tips to make sure you are prepared for the season.

Start Before Cold Winter Weather Sets In

Some basic steps to start your home winterization checklist include:

Clean your gutters. Get all the debris out to ensure that the winter rain and snow will have someplace to go.
Check for drafts, and seal up any extra breezy areas. This could be done using chalk or by installing door sweeps.
Have your furnace maintained to make sure that it’s working properly.
Change out the filter in your furnace. The furnace filter should be changed out regularly.
Change all the batteries in the detectors (carbon monoxide and smoke). It is recommended that you change your batteries in your detectors twice a year.
Have your chimney swept. There could be dust, dirt, or even birds in there.
Check your windows and insulation.

Review Your Home Insurance Coverage

Add home insurance winterization to your to-do list. You will also want to check with your homeowner’s insurance policy to make sure that you have enough coverage. There are many things that can happen in the winter, and you will want to make sure that your coverage has you prepared for any eventuality. It is a good idea to make sure that your insurance has flood coverage before you have a burst pipe in your home. This coverage takes time to take effect, and it will not cover you after the event has occurred. If you don’t know what you have, contact your insurance agency to find out.

Vargas & Vargas Insurance is the premier local independent insurance agency. We work for our clients and not the insurance company, and we will customize your insurance coverage to your specific needs at the right price. Our team is here to answer all of your insurance questions, so contact us today.

Will Security Cameras Lower Home Insurance Costs? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 22 Dec 2020 20:31:00 GMT

Almost always, yes! Security cameras or a home security system will almost always lower your cost to insure a home. They might also help you sleep better at night and reduce your stress when you’re away from home.

At Vargas & Vargas Insurance , our goal is to provide you with honest, thoughtful answers to your insurance questions. Customers ask us about security cameras and security systems and how they relate to homeowner’s insurance in Massachusetts . So let’s explore the issue.

Massachusetts Homeowner’s Insurance Basics

Homeowner’s insurance in Massachusetts is based on fire coverage. If your home burns down — in whole or partially — a homeowner’s insurance policy will protect the investment by paying the homeowner for the amount of the loss. The idea is to make the homeowner “whole” again after a loss, and it’s called indemnity . Here are some other important facts to keep in mind:

Homeowner’s insurance also covers other “perils,” like theft, hail, lightning, smoke damage, and so on.
It rarely covers earthquakes or floods . Earthquake coverage can be added to most homeowner’s policies with a rider. Flood insurance will need a separate policy.
Millions of homes in the US face flood risk , even ones not in a federally mandated flood zone area. You can purchase flood insurance.

Insurance companies know that security systems reduce theft instances and can reduce the damage caused by fire or other emergencies. That’s why all insurance companies will offer a discount when your security system is centrally monitored and a smaller discount when it is not.

There are a few other ways to reduce your insurance premium too.

Other Discounts and Savings on Homeowner’s Insurance

Every insurance policy is a unique contract between the insurer and the insured. In addition to savings for a home security camera, you might also save money by:

Bundling multiple lines of insurance — like your car insurance — with a single provider
Installing sprinklers
Replacing an old roof
Adjusting your deductible to a higher amount — though that means you’ll be on the hook to pay for more damage out-of-pocket in an emergency, and your mortgagee might have minimum deductible requirements

The staff at Vargas & Vargas Insurance is proud to be your premier local independent insurance agency. We work hard for our clients — not the insurance company. We’re ready to customize your homeowner’s insurance coverage to your specific needs and budget. We’re also glad to answer all your Massachusetts homeowner’s insurance questions. Need a quote? Then let’s talk !

Winterize Your Auto and Auto Insurance With These Tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 16 Dec 2020 23:00:00 GMT

As winter continues, it’s important to prepare your car for the harsher conditions. At the same time, you want to make sure that your auto insurance policy provides you with sufficient coverage for the season. Here are some tips on how to winterize your auto — and your auto insurance.

Winterizing Your Automobile

Make sure your 4-wheel drive works if you have it.
Check your vehicle’s belts and hoses. Cold weather can cause them to weaken and even break, so you may want to take your car in for a tune-up ahead of time.
Change your windshield wipers.
Always keep your fuel tank full. A near-empty tank in extremely cold weather can result in severe damage to your car.
Top off your fluids (coolant, wiper fluid, and so forth).
Check your oil. If you need to give your car an oil change, make sure you use a product with the right viscosity (or thickness).
Check your car’s battery. The last thing you want is a dead battery in freezing temperatures .
Check your air filters, and replace them as needed.
Make sure your tires have enough air pressure. You’ll likely have to periodically check on this throughout the winter. Also, consider putting on snow tires if you live in an area that gets a lot of snow and ice during the cold season.

Winterizing Your Auto Insurance

It’s true that you can never foresee an auto accident or other winter-related damage. However, you can prepare. You may want to add collision coverage to your automobile insurance policy in the event that you slip or slide into something and damage your car that way. Also, comprehensive coverage will cover just about any other accident that causes damage to your car, such as a branch falling on your hood or damage from a snowbank.

At Vargas & Vargas Insurance, we can help you winterize your auto insurance so that it works best for you. We are one of the premier local independent insurance agencies, and we truly work for our clients, not ourselves. Our team of friendly experts would be happy to answer all of your insurance questions. Contact us today .

How Much Condo Insurance Do You Need? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Dec 2020 11:00:00 GMT

The purpose of condo insurance is to protect your financial investment in your belongings and provide liability coverage. If you under-insure your belongings, you won’t be made whole again after a fire or burglary. If you over-insure, you’ll be paying a higher insurance premium than you need to pay.

Imagine a fire rips through your condominium. Thankfully, everyone gets out safely. Your condo insurance will cover most belongings, less a deductible. Therefore, you should buy enough contents coverage to replace all your belongings and be made whole after a loss.

So today, the team at Vargas & Vargas Insurance will explain how to decide how much condo insurance you need. We’ll talk about contents coverage and also touch briefly on liability coverage. The first step is to tally up your belongings.

Contents Coverage: Tally Up Your Belongings

Grab a notebook and take a walk through your condo. Start by jotting down the big-ticket items.

If you add it all up, then you’ve probably spent significant cash on:

Furniture — including bedroom sets, mattresses, dining room sets, and living room furniture
Appliances
Wardrobes, shoes, and accessories
Hobby items and craft supplies
Electronics — such as televisions, computers, tablets, cell phones, and all the related accessories and chargers
Decor — including area rugs and window treatments

Then, start thinking about the money you have tied up smaller items like linens, towels, and cosmetics. Also, don’t forget the medicine cabinet and medical devices. Suddenly, you’ll realize you have anywhere from a few hundred to a few thousand dollars of personal belongings in the bathroom alone!

What’s your final number? A single individual might own $50,000 worth of belongings easily . A family of five might need $200,000 in contents coverage for a start.

Next, it’s time to think about liability coverage.

Condo Insurance and Liability Coverage

Most condo insurance providers offer packages that include a pre-set amount of liability coverage. It may be $100,000, $250,000, and so on. You can always ask for more liability coverage, and in today’s litigious society, more coverage is better .

We should also point out that some umbrella insurance policies (which are additional liability policies for families with many assets) have minimum property liability requirements. In other words, if you have an umbrella policy, it might require that you maintain $500,000 or $1 million of liability coverage at your residence.

We’re Proud to Be Your Premier Independent Insurance Agency for Condo Insurance

Vargas & Vargas Insurance is proud to work for our clients, not the insurance company. We can customize your condo insurance policy to suit your specific needs and budget. We’re ready to answer your condo insurance questions, so contact us today .

Do You Need Home Insurance in Massachusetts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 14 Dec 2020 10:00:00 GMT

One of the largest investments you will ever make is the money you invest in your home. To create a true sanctuary, you will need peace of mind, and the best way to achieve that is to obtain a home insurance policy. The agents at Vargas & Vargas Insurance in Dorchester, MA understand the importance of obtaining a home insurance policy for all homeowners to protect your assets.

In the state of Massachusetts, you are not required to have a homeowner’s insurance policy but if you have a mortgage on your home, the bank or other lender you used for your loan will more than likely require you to have a policy in place to protect their investment in your home.

Coverage Options

Homeowners insurance is designed to assist you in paying for to repair or replace your house if it is damaged or destroyed by an act of vandalism, a fire, or a natural disaster, such as a tornado or windstorm.

Your home insurance policy will also cover the rest of your property. For example, if you have a garage and it is destroyed by a tornado, your home insurance will pay to rebuild your garage.

If your home is broken into and several items are stolen and the door is damaged, your items will be replaced through your policy, and your door will be repaired or replaced. It will also provide coverage if a visitor to your home is injured or their property is damaged. For example, if a tree in your yard falls on their vehicle, your home insurance will help cover the damages to their vehicle.

Call For A Quote

To create the home insurance policy that works best for you and your home, you should consult with an experienced insurance agent. At Vargas & Vargas Insurance in Dorchester, MA, the home insurance agents you can trust are ready to assist you. Call for a quote or an appointment today to start your policy.

What a Standard Home Insurance Policy Covers | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 08 Dec 2020 11:00:00 GMT

A standard home insurance policy compensates you if your home is damaged or destroyed by certain events. Home insurance also typically provides coverage for personal belongings and structures on your property. Here’s a brief overview to explain what’s covered by a standard home insurance policy.

What Are Insured Events?

A standard home insurance policy covers losses due to the events specified in the policy. Insured events for most policies include:

Fire
Hail storms
Lightning strikes
Windstorms
Theft
Vandalism

It’s important to note that sewer backups, floods, and earthquakes are not insured events on a standard policy. If you desire coverage for such events, your independent insurance agent can help determine if you need additional coverage or a separate policy.

When an insured event makes a home uninhabitable, loss of use coverage pays additional living expenses related to fleeing the home, such as the cost of temporary housing. Loss of use coverage also provides protection for loss of rental income. The policy limit for loss of use coverage is usually a percentage of the dwelling’s coverage limit.

What Structures Are Covered?

Home insurance typically covers the interior and exterior of the building itself. That includes the home’s roof, walls, foundation, and structures attached to the home, such as a deck or a garage. Most policies also protect structures on the property that aren’t connected to the home, such as a fence, a shed, a gazebo, or a detached garage.

Is Personal Property Covered?

Generally, personal items within the home are covered for losses due to insured events. Here are examples of covered personal property:

Clothing
Electronics
Furniture
Appliances
Sporting equipment
Musical instruments

Although home insurance does cover costly items like fine jewelry, antiques, art, and furs, the limits on a standard home insurance policy are usually insufficient to compensate for their full value. You may be interested in purchasing additional coverage for such items.

What Is Liability Protection?

A standard home insurance policy usually includes liability protection. If someone who isn’t a resident of your home is injured on your property, liability protection provides coverage for expenses, such as the injured person’s medical bills or your legal costs in the event the injured person sues.

When you’re uncertain whether you have coverage for damage, it’s always best to check with your local independent insurance agent. If your agent is not available, look at the exclusion page of your insurance policy.

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your home insurance coverage to your specific needs at the right price. We’re also available to answer all of your insurance questions. Contact us today to get started.

How Can I Get the Best Home Insurance Rate? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Dec 2020 11:00:00 GMT

Whether you are a first-time homeowner or you are shopping for a new policy for your current home, there are some things you can do to ensure you have the best home insurance rate possible without having to skimp on insurance coverage. In this article, we will outline three tips on how to receive excellent coverage while paying a reasonable premium.

1. Clean Up Your Credit

When it comes to offering a homeowners insurance policy, an insurer mainly focuses on the risk they will take on by extending a policy to an individual or couple. That means they will likely be reviewing your current personal credit rating(s). Insurers know that homeowners with a good credit history are generally more financially stable and interested in doing whatever is necessary to maintain their credit status.

If you think you have a good credit history but still get turned down by an insurer, it’s a good idea to obtain a free copy of your credit report to determine if it contains errors that need correction.

2. Consider Fido’s Breed

Canine pets can be a wonderful addition to a home. But some breeds are more prone to biting or causing some other type of injury than others. Before heading out to the animal shelter, consider how certain dog breeds may adversely impact your home insurance rates.

3. Review the Policy Deductible

Most insurance policies come with a standard annual insurance deductible. Suppose a homeowner submits a claim to the insurance company. In that case, the deductible is the amount the homeowner must pay out-of-pocket before the insurance company covers their claim(s) in any given policy year. By increasing one’s annual deductible, a homeowner can save on the annual cost of their insurance policy. For those who rarely file a claim, this can translate into significant savings over time.

4. Bundle to Save

Many insurance companies offer their clients discounted rates if they bundle their other insurance policies along with their homeowners insurance. Home or condo owners can save significant amounts every year if they bundle their policy along with their auto insurance.

5. Get Started

Here at Vargas & Vargas Insurance, we are committed to creating a customized insurance package with the best home insurance rate options for our clients, without compromising on coverage for the largest investment they will likely ever have. We are a leading local insurance agency, and we’re ready to answer all of your insurance questions today. Please call us for a personalized consultation .

How Much Does Apartment Insurance Cost? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 24 Nov 2020 11:00:00 GMT

There are two ways we could talk about apartment insurance. The first way is renter’s insurance , and that’s the angle we’ll take today. We’ll explain how much renter’s insurance costs and what it usually covers. The other insurance product that could be called apartment insurance is a landlord protector policy. Those policies are for landlords and not what we’re writing about today. So, if you’re a renter, and you’re wondering about the apartment insurance cost you might face, read on!

Apartment Insurance Basics

Renter’s insurance is designed to cover your belongings in the rented home against fire damage, storm damage, and theft. Your covered belongings usually include furniture, clothing, shoes, appliances, and most household electronics. In a nutshell, if your rented home were to burn down or be burglarized, the insurer will pay for your belongings.

Renter’s Insurance Is Affordable and Valuable

While every policy is a unique agreement between the insurance company and the insured, you can expect your apartment insurance cost to usually be very affordable. We’ve seen renters insurance premiums starting as low as $25 for $25,000 worth of belongings in some cases.

The apartment insurance cost is even more affordable for individuals who can bundle other insurance with a renter’s policy. If you’re spending $25 a month on renter’s insurance and receiving a $15 monthly discount for a multi-line bundle on your car insurance, there’s even more value.

But, there are a few items renter’s insurance doesn’t cover .

Items Not Covered By Renter’s Insurance

Renter’s insurance won’t cover large amounts of cash, high-end luxury jewelry, collectible guitars, or expensive art. As licensed insurance agents, we may add those items to a policy (it’s called scheduling) or write a separate policy for a specific item. So, if you have a $10,000 engagement ring, let your favorite insurance agent know about it!

Vargas & Vargas Insurance is proud to be your premier local independent insurance agency. We work for our customers, not the insurance company. We will customize your renter’s insurance coverage to your specific situation and budget, and we’re here to answer all of your insurance questions. So let’s talk!

Why Is Rental Insurance Important? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 17 Nov 2020 11:00:00 GMT

Why is rental insurance important? This may be a question you have. After all, if you live in an apartment or a condo, you don’t actually own the building. You are not responsible for the insurance on the physical building. However, you are responsible for your personal belongings that are inside the condo or apartment.

Protect Your Personal Belongings

If you are paying rent to a landlord, their insurance covers damage to the building you are living in. If your belongings got damaged, lost, or stolen, your belongings would not be covered under the landlord’s insurance. You would not be able to replace these items. Rental insurance protects your personal belongings from loss, theft, or damage.

Consider This Example

Imagine that your neighbor is cooking dinner and leaves the stove unattended. A fire breaks out, and it causes damage to their unit and your unit. If you have renter’s insurance, then a combination of your neighbor’s insurance, the personal property coverage in your renter’s insurance, and the landlord’s property insurance would all be considered. In this scenario, if you are all covered, all three parties may be completely covered for their losses.

Prepare for Liability Claims

What about liability claims? If someone comes to your home, and you are renting it, what happens if they injure themselves? The liability portion of rental insurance provides compensation if someone is injured while at your home.

Get Coverage for Temporary Accommodations

What if your apartment building burns down? What if your condo has smoke damage? If your home is damaged and needs to be fixed, renter’s insurance can cover the cost of having to live somewhere else while your condo or apartment gets repaired or until you can find another place to live.

Establish an Insurance History

Having renter’s insurance helps establish an insurance history. This is very helpful when you go to purchase a home or a condominium. If you had no claims with your rental insurance, you will qualify for a “loss-free” or “claims free” credit on your home or condo insurance policy, which will reduce the cost of the policy.

Contact Us for Rental Insurance That Fits Your Needs

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price and are here to answer all of your insurance questions. Contact us today .

5 Reasons for Renters Insurance Every Renter Should Know | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 10 Nov 2020 11:00:00 GMT

Renters insurance is one of the rare breaks you’ll get from the insurance world: it’s super affordable without sacrificing coverage. Most landlords require it, but even if yours doesn’t, you still need it. Here are five reasons for renters insurance and why it’s so important:

1. It’s one of the best deals in insurance.

Your monthly premium will cost you about the price of a haircut, about $15 to $20. Sounds unbelievable, sure, but truly it’s one of the cheapest policies you can buy.

2. It covers your stuff.

That new laptop you just bought? Covered. That flat-pack furniture from IKEA? Covered. Renters insurance stops you from paying out-of-pocket for new things—including furniture, jewelry, clothes, computers, and electronics—if yours are damaged. Even if you don’t think you own a lot, it adds up quickly. A standard policy will cover you for the following accidents and catastrophes:

Fire or lightning
Riots or civil commotions
Smoke
Theft
Vandalism
Weight of ice, snow or sleet
Damage caused by aircraft, vehicles, or falling objects
Explosions
Volcanic eruptions
Windstorms or hail
Water or steam damage from sources within the apartment, such as household appliances, plumbing, heating, air conditioning or fire-protective sprinkler systems

But wait, you might ask, doesn’t your landlord’s insurance cover your stuff? A lot of people make this assumption, but it’s not true. Your landlord’s insurance covers the physical structure in which you live. If a fire destroyed your apartment, the landlord’s insurance company pays out for the building, not your stuff.

3. It covers your stuff when you’re traveling.

Yes—incredible. Most policies will cover your belongings wherever you travel in the world , whether they’re in your car, your backpack, or your pocket. If you travel a lot, make sure you talk to an insurance agent about getting a policy that covers you internationally.

4. It gives you liability coverage.

Along with covering your belongings, renters insurance will give you liability coverage. So if someone sues you after getting injured in your apartment, renters insurance would help cover lawyer costs and medical bills.

5. It can cover additional living expenses.

If your apartment becomes uninhabitable and you’re forced to live in a hotel and eat takeout, renters insurance may foot the bill. Check with your insurance agent to see how long your policy will pay for your additional living expenses.

Looking for Renters Insurance?

If you don’t have a renters insurance policy, we can help you. We’re independent insurance agents, meaning we work for you, not any one insurance company. We’ll customize your renters insurance coverage to match what you need at the best price, and we’re here to answer any of your insurance questions. Contact us today to get the right insurance for your apartment.

Important Variables Classic Car Owners Should Consider While Researching Policies | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 09 Nov 2020 10:00:00 GMT

Vargas & Vargas Insurance serves the Dorchester, MA community, as well as the surrounding areas, by helping people find coverage. We strive to help our clients find policies that will keep them safe and secure. As an independent agency, we have positive relationships with several carriers in the region to help make sure that our clients can find flexible and reliable policies.

Important Classic Car Insurance Variables

Your classic car is one of your most prized possessions. It’s a unique asset that you have to take care of. Classic car insurance will help you maintain the value of your vehicle. Here are some important variables to consider while you are researching policies.

The Usage

In order for your vehicle to maintain its status as a classic car, you should only drive the vehicle on very exclusive occasions. Primarily, you should only drive the vehicle to special shows in the Dorchester MA area. The policy will also outline a mileage limit that you have to adhere to.

Storage

Having a good place to store your classic car is important. You should look for somewhere safe and secure where your vehicle will be protected from the threat of inclement weather. Consider a classic storage facility. Storing your car at a classic facility will allow you to enjoy some amenities specifically designed to help you maintain your classic car. Storing your classic car at a private building is another option.

Maintenance Tips

Make sure that your classic car has regular oil changes to prevent contamination buildup. Also, try to keep a full tank of gas in your vehicle. That will reduce the possibility of engine troubles. Make sure that your policy contains coverage if you plan to replace parts of your car with new ones.

Consult With Vargas & Vargas Insurance

For more information on classic car insurance, visit our website today!

6 Ways Downsizing Saves You Money | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 03 Nov 2020 11:00:00 GMT

A big house is not always the best, particularly if you want to make your life simpler and save on expenses. Most people often desire to downsize their homes and streamline their lifestyles as they age. The decision to downsize your house is motivated by several reasons, including fewer expenses, starting a new adventure, and minimizing the upkeep and effort of maintenance. If you want to know if downsizing saves you money, it is vital to consider all the different areas of savings. Below are the expenses that you can save on when you downsize your house.

1. Cost of Purchase

A smaller house comes at a cheaper cost, which is subject to less capital gains tax on profits. Therefore, you save on the cost and on capital gains tax.

2. Property Taxes

When you downsize your house, you save on property taxes. There is a big difference in property taxes between different neighborhoods based on the availability of amenities and access to roads.

3. Maintenance

Moving to a smaller house helps in reducing the amount spent on maintenance and sustenance. This relieves you from the maintenance cost of a large house that can, at times, weigh you down.

4. Mortgage

Downsizing to a smaller house ensures you fully utilize the space in your house, and you save on your mortgage payment.

5. Utilities

A smaller house means you are spending less every month to cool and heat the space. This is good for your wallet and the environment because you are consuming less energy.

6. Healthcare

In most cases, a big house is packed with clutter and stuff, and this adversely affects the quality of air. Cluttered homes are dustier and dirtier than small houses that are less cluttered. Also, the air quality in small houses is good, and this reduces your chances of falling sick. Cleaning a smaller house is less complicated and does not consume much time. There is little stress in cleaning your small house, and this does not adversely affect your health.

Vargas & Vargas Insurance can help you when you are buying or downsizing to a small place. We will customize your insurance coverage to your specific needs at the right price. We are here to answer all of your questions, so contact us today.

Insurance To-Dos After Your Child Moves Out | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 27 Oct 2020 11:00:00 GMT

So your child is moving out. They are either going to college and getting an off-campus apartment, going out on their own for a job, or starting some other adventure. This brings with it a whole string of emotions from happy to sad and anxious to ecstatic. After the tears, it’s time to think about some next steps for when you are starting to downsize your life.

Home Insurance

On your checklist of to-dos , you will want to check on your home policy after your child has moved. There are a few different things to check. For example, you will want to see if you can change your own policy to be lower now that there are not as many belongings in the home. You may also want to see if your homeowner’s policy will cover your child if they are still in college (which may be the case if they are in the dorms). Alternatively, you may be able to get a discount by getting a renter’s policy through the same company.

In any case, now may be a good time to let your child know that a renter’s policy will help them with liability concerns. It will also protect the belongings that are inside their apartment.

Car Insurance

The other thing that your child will need to take charge of will be their own car insurance policy . This is especially nice as newer drivers tend to require more expensive policies. If they are moving far away without a car, you may be able to put the car they used in your own name without listing them as a driver on the policy any longer. Alternatively, if they are moving and taking their car, they can go ahead and get their own policy. You will no longer need to be responsible for it and can see about downsizing your coverage.

Vargas & Vargas Insurance is the premier local independent insurance agency — we work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price as you downsize. Contact us today for answers to all of your insurance questions.

How much renter’s insurance do you need in Dorchester, MA? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 21 Oct 2020 18:21:00 GMT

It only takes one major event for you to learn that renters insurance is not an option. Still, even with the knowledge that you absolutely need an indemnity policy to pay for damaged or lost items, you may not know the type of renters insurance policy that best fits your life in Dorchester, MA. How much renters insurance does one need to secure a sense of financial stability? The agents at Vargas & Vargas Insurance can help.

Is renters insurance required?

There is no state law requiring every renter to obtain an indemnity policy. Some landlords, however, may require you to show proof of a renters insurance plan before letting you sign a lease to rent an apartment in Dorchester, MA.

You should consider an indemnity policy even if such is not required by the landlord for personal reasons. The building owner is mainly responsible to insure the property grounds. You cannot sue him or her for items lost or damaged in a burglary.

What should a renters insurance plan entail?

The best renters insurance policies offer replacement cost values for items lost or damaged. Such a tenet is especially important if you have a lot of electronics in your unit.

Computers and televisions lose value immediately after purchase. Having an insurance plan that only offers the cash value of such items leaves you to pay for the remaining cost to replace the items out-of-pocket. A replacement cost plan provides payment according to the current market value.

A good renters insurance plan should also offer temporary housing. It is usually up to the landlord to secure housing if a unit is uninhabitable. You should not, however, rely on someone else when it comes to shelter. A good renters insurance plan will pay for expenses related to temporarily relocating upfront.

How much renters insurance do you need?

The amount of renters insurance you need largely depends on your personal preferences and possessions. An agent at Vargas & Vargas Insurance can help you determine how much coverage is right for your living situation. Call today for a quote!

When Is the Right Time to Reassess Your Home's Value? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 20 Oct 2020 11:00:00 GMT

There are times when you think about your home’s value and wonder whether you have the right home insurance coverage . It’s an important thing to consider, and there are definitely times when it is important to reassess your home’s value. This ensures you have the coverage that matches your home and belongings, just in case something happens.

If you were to look at the market right now and think that maybe your coverage is not enough, that isn’t the whole story. Insurance companies use replacement value, not market value, to make assessments of your home’s worth.

What Is Replacement Value?

Replacement value is the cost of replacing the home and all the belongings inside it. This does not take into account the age of the home or any depreciation that has occurred over time. This value is challenging to quantify.

How Often You Should Reassess Your Home’s Value

It would be best if you had your insurance policy reassessed whenever you have made improvements to your home . Also, as the market changes, you will want to have the policy assessed. Why is this important? You don’t want to have something happen, only to find out that you only have half of your home’s worth covered in your insurance plan. It is best to get a new appraisal every couple of years, and a new insurance assessment annually.

In the end, it is better to be safe rather than sorry when it comes to your home insurance policy. Proactive steps now give you the comfort that, if something happens, you have the coverage that you need so that you can focus on rebuilding.

Vargas & Vargas Insurance is one of the premier local independent insurance agencies. We work for our clients and not the insurance company. We will customize your home insurance coverage to your specific needs at the right price, and we’re here to answer all of your insurance questions. Contact us today to get started.

How Often Should You Reassess Your Home's Value? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 07 Oct 2020 11:00:00 GMT

There are different types of home valuations that you can choose from. The value of your home depends on your chosen type of valuation. There are different ways and reasons why homes are valued. The different types of home valuations differ based on the reason, who carries out the process, and the effect on the rates and coverage of your home insurance .

Some home valuations affect home insurance directly. It is important to critically appraise your home insurance policy if you realize there is a decrease or increase in its apparent value. Also, it is important to have enough home-dwelling insurance coverage in the event of a disaster. It is devastating to lose your house to a disaster and realize it was insured for less than its value.

Several factors affect the value of a home. They include size, age, location, condition, and building materials. You might need different types of valuations for different reasons. Therefore, home valuations fluctuate based on the situation.

Reassessing Your Home’s Value for Insurance Coverage

It would help if you had your home reassessed to ensure your coverage is a good fit. It would also help if you reassessed the value of your home every year. This will help you decide on the best coverage. This helps in avoiding payment of high premiums. It also ensures that any possibility of loss is satisfactorily covered.

Reassessing the value of your home every year helps in incorporating any recent improvements to your house into your insurance coverage. Even if there are no improvements, reassessment ensures that you have adequate coverage limits to cover the entire cost of rebuilding.

In reassessing the value of your home, you need to measure how much coverage you need. Also, inspect for perils not included in the coverage, and recheck your deductible. You need to compare your current premium to the premium you paid the previous year. Be sure you store all your documents safely.

Vargas & Vargas is one of the premier local independent insurance agencies. We work for you by customizing your insurance coverage consistent with your specific needs at the right price. Contact us today for expert responses to all your insurance questions.

Downsizing to a Condo vs. a Smaller House | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 06 Oct 2020 11:00:00 GMT

There are different financial and practical reasons to downsize to either a small house or to a condo . The reasons for downsizing are all good, provided you are ready to move to your new community and the finances work in your favor.

Before you decide to downsize to a smaller house or a condo, you need to:

Assess your needs
Decide where you would like to live
Price it out
Realize that a smaller space is not necessarily cheaper
Avoid underestimating your emotional considerations

Benefits of Downsizing

Downsizing to either a condo or a smaller house has its considerations and potential drawbacks, and it is vital to learn more before making an offer. Moving to a condo or a smaller house is not only for singles or couples. It’s even for large families interested in changing their lifestyles.

Downsizing to both a small house and a condo means owning less, which can make you happier. Having a few things and fewer rooms reduces your chore time. This leaves you more time to take part in activities that can enrich your life.

Unique Considerations of Downsizing to a Condo

Condo living also gives you the luxury of less maintenance. You will not have to spend your time doing gardening related chores, such as mowing the lawn. While every condo community is different, most of them have an extensive list of amenities compared to small house communities.

Condo communities are characterized by the proximity of the quarters to each other. When you live in such close quarters, you enjoy a sense of community that is different from what you will find in a typical neighborhood of small houses. Taking great pride in your community makes it easier for you and your neighbors to become friends.

Downsizing to a condo can be more expensive compared to moving to a smaller house. Considerations of location and convenience might increase your payment for a condo.

If you have questions on how to start the downsizing process, Vargas & Vargas Insurance can guide you through the process and get it done for you. You can depend on our expertise for your insurance needs and referral to experts in your local area.

Motorcycle Insurance Coverage Options | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 30 Sep 2020 21:31:00 GMT

You enjoy the feeling of freedom you get from riding your motorcycle so it is imperative you’re your protect the investment you have made in your bike. The best way to accomplish that goal is to obtain a motorcycle insurance policy that is best for you and your situation.

Motorcycle Insurance Requirements in Massachusetts

In the state of Massachusetts, you must have at least a liability insurance. This policy will cover bodily injury to others if you are involved in an accident that is deemed to be your fault, along with damage to someone else’s property. You also need to have personal injury protection coverage or you can choose a deductible of $8,000 for yourself and household members. You must also have uninsured and underinsured motorist coverage which will cover bodily injury or property damage that you and/or your passenger sustains if you’re involved in an accident with a motorist who does not have insurance or doesn’t have enough insurance to cover your medical costs and property damages.

Comprehensive Motorcycle Insurance Coverage

Comprehensive motorcycle insurance coverage will cover your bike if it is damaged or destroyed by a fire, vandalism, or a natural disaster, such as a tornado or hurricane. This is an important policy to have to repair or replace your bike if it falls victim to one of these situations or if it is stolen.

Collision Insurance

Collision insurance will cover your bike if you are involved in an accident with another vehicle or an object. For example, if you hit an electric pole with your bike, it will cover the damage to your bike and the pole.

To obtain the best motorcycle insurance policy for you and your situation, contact the motorcycle insurance agents at Vargas & Vargas Insurance in Dorchester, MA today!

How to Shop for Condo Insurance If You've Only Owned a House | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 29 Sep 2020 11:00:00 GMT

Condo owners independently own their individual units (though there is common ownership of the common areas), and that means you need to protect it. If you are looking for coverage for your condo , it is essential to understand the different aspects of insuring a condo compared to a home.

What Do You Need to Know Before You Start Condo Insurance Shopping?

When shopping for condo insurance, it is important to be aware that the primary dwelling is protected under the condominium association’s Master Policy. Your condo community may provide all-in coverage or less inclusive insurance like single entity coverage Additional structures do not apply to a condo and are not included in the coverage. When you pay for your condo association’s fees, personal property protection is not covered by the policy. Therefore, it is crucial to consider this when looking for condo insurance.

Aspects of loss of use, medical payments, and personality liability are the same for both condos and homes. Therefore, when shopping for insurance for your condo, it is vital to ensure that you obtain a policy with high-level protection for personal property. This is because your condominium association’s primary dwelling coverage only covers the structure and does not include your belongings inside the walls.

Typical condo insurance covers:

Vandalism
Fire and smoke
Burst pipe
Theft

Factors to Consider While You Look for Condo Insurance

When shopping for condo insurance, you need to consider the cost. The cost of standard condo insurance depends on different factors, including:

The amount of deductible
Your coverage options
Aspects covered by your condo association’s insurance
Materials used in the construction of the condo
Location of the condo

It is essential to review the master policy of your condo association before deciding the amount of your condo insurance. This is because, in some instances, some insurance policies do not cover anything inside the walls of your condo. In such a case, you need to include more items when calculating your insurance coverage.

It is not easy to make general recommendations about condo insurance due to variations in state laws and condominium association bylaws. Consider working with local independent insurance agencies because of their business relations with financially robust insurance entities. Also, local insurance agencies can tailor your policy to meet your specific needs.

For more assistance choosing the right condominium insurance for you and your family, contact Vargas & Vargas Insurance today . We’re here to help.

Changing Your Workers' Compensation Coverage for Virtual Work: How to Protect Your Business | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 22 Sep 2020 11:00:00 GMT

When employees shift to working from a remote location, the scope of the normal rules become complicated and confusing. Several legal nuances arise when employees work remotely, especially regarding cybersecurity and injuries to both employees and clients. Despite the notable perks of allowing employees to work from home, there are potential liabilities to consider. That’s where modifying your business’s workers’ compensation coverage for virtual work may come in.

There are measures that you need to take to minimize the liabilities and to ensure that your business and employees working from home are protected. These include:

Ensuring the employees’ homes are safe for business
Designating a dedicated work area
Ensuring their homeowner policy is updated
Protecting their devices from intrusion
Creating a telecommuting policy and informing the employees that telecommuting is a privilege
Reviewing your insurance

Most business owners believe that the homeowner’s insurance policy covers them, but it is not always the case. Therefore, it is important to review your insurance policy as a way of protecting your business.

How Extra Coverage Can Help Protect Your Business

Additional business insurance policies can also help in covering potential lawsuits, workplace injuries, and office assets.

You need to obtain the right home-based business liability coverage and extra protection besides your workers’ compensation coverage. Business liability insurance is meant to protect your remote employees. The right coverage for your remote employees is vital in mitigating your business risks.

Accidents occur during work, and they can easily occur in the home. Along with ensuring your workers’ compensation coverage for virtual work is up to par, you need to ensure your employee’s work environment is safe. Employees working from home have the same compensation benefits as those working from the office.

You might need extra coverage in your business’s insurance policy to protect its assets, such as laptops. This is because your existing insurance policy may not cover losses relating to damages at the employee’s home.

Also, it’s important to verify that your employees’ home insurance adequately covers your employees who are working from home. Therefore, you need to modify the employee’s insurance policies and the coverage policies of the business.

You may be held liable for injury to anyone other than the employee in the home office. In this regard, it is important to confirm with your insurance company whether your public liability insurance covers home offices.

How You Can Get Started

Vargas & Vargas Insurance is one of the premier local independent insurance agencies — we work for our clients and not the insurance company. We will customize your insurance coverage to your specific needs at the right price, and we are here to answer all of your insurance questions. Contact us today to get the right protection for you and your business.

How to Organize Your Insurance Policies to Help Your Spouse or Dependents Find Them | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Sep 2020 11:00:00 GMT

Acquiring policies like life insurance can put your mind at ease and help you feel secure. But it’s only the start of formulating a game plan that will keep you and your family prepared for any unforeseen circumstances. Part of your ongoing strategy must involve decisions about organizing and storing your policies so that they can be retrieved by your spouse or dependents as needed. By following these guidelines, you can live your life without worrying about how your insurance policies will be stored and accessed.

Choose a Secure Physical and Digital Location

Step one for organizing any insurance plan is to keep it in a safe place that only you — and others you give permission to — can open. There’s so much personal information in policy documents that is important to protect, so we recommend using either a safe or lockable filing cabinet. Let your spouse or dependents know where the key or password is stored. In addition to keeping the papers in a physical location in your home, consider sending a copy to a trusted lawyer or loved one who will also keep it safe.

A digital copy can far outlast paper, which can be lost, stolen, or destroyed. For this reason, definitely keep electronic records of your insurance policies. Make a list of passwords for where your policies are stored on your computer, and share the information with your dependents so they can find them. If you aren’t using software to store your insurance policy, you can scan your hard copy onto your computer.

Communication Is Paramount

While discussing your home or life insurance with your spouse and family can be uncomfortable, clear communication is going to be how you avoid any additional difficulties in case of a crisis. Your dependents need to know which policies you have, and they should probably know the names of your agent, insurance company, and other important contacts. Set clear expectations about how and when these should be accessed, and go over how you have stored everything. By communicating effectively, you can avoid your family being another statistic in the millions of insurance dollars that go unclaimed every year.

Update Outdated Documents

Finally, you should keep everything up to date and know when your policies need updating. There are many life events that can require you to update paperwork, including a new birth, a divorce, a new marriage, a change of address, business developments, and many more. Seek advice from a qualified local insurance agent if you are unsure of when an update might be required.

At Vargas & Vargas Insurance , we can help you with these and other questions or concerns regarding your insurance policies. Our ultimate goal is to assist you in any way we can with top-notch insurance plans and unbeatable customer service.

How to Know If You Are Financially Ready to Buy a Condo | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 08 Sep 2020 13:54:00 GMT

Besides the convenience that accompanies owning a condo , who wouldn’t appreciate the freedom from the hustle and bustle of having to take care of the land while getting to have a roof over your head? However, just because buying a condo suits your needs , and you feel the need to buy one, it does not mean you are ready to own one. Here are pertinent questions whose answers will help you find out whether you are really prepared to buy that desired condominium:

1. Can You Afford the Down Payment?

Whether you have sufficient cash to pay off for that condo or not is important, but it’s not the only cost to consider. A good down payment amount is a must-have. You are in an excellent position to go ahead and take the leap towards owning your dream condo only if your savings match the down payment requirements that accompany the property you have in mind.

2. Are You Managing Your Debt Well?

Second on the financial checklist that determines your readiness for buying a condo is how debt-free you are. Debts will certainly put constraints on your desire to acquire that condo you crave. You will want to ensure all impending bills and maxed credit cards are brought under control to free up more income that is needed for buying your condo.

3. Are You in a Position to Handle Hidden or Unforeseen Costs?

Before engaging the seller of the property, ensure you have set aside some money for unforeseen costs and any other unconsidered charges that will arise before closing the deal. For instance, many sellers throw all kinds of fees at you. These fees might range from recording fees and underwriting fees to the appraisal fees. There is also the hurdle of moving costs and money for decorating and furnishing the new condo in line with your tastes. Also, you may need to pay property taxes upfront.

4. Have You Considered the Cost of Purchasing a Condo Insurance Policy?

When looking to buy a condo, the last thing you would want is to risk any insurable outcome forcing your hard-earned investment down the drain. From the onset, you will then need to know from who and where you can shop around for a reliable and affordable condo insurance policy.

Condo insurance saves your money in case of any accidents and incidents in your condominium. For instance, without condo building insurance, you may not be able to replace your custom cabinets or fittings in the event of a fire. To avoid losses in terms of money or property, purchase proper condo insurance and protect yourself.

If you answered yes to these questions, step out of that bubble of uncertainty and get ready to buy that desired condo. Want to learn more about the condo insurance policy that suits you best from someone you can trust? Contact Vargas & Vargas Insurance for help with all the condo insurance concerns you might have.

How to Know if Umbrella Insurance is Right for You | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Sep 2020 14:49:00 GMT

While nearly every person is familiar with common insurances like auto and homeowners, one that often flies under the radar is umbrella insurance. Essentially, for each of your insurance policies you have a limit to how much money the insurance company will pay – minus your deductible – for a claim. In some circumstances, the total balance due may be greater than what the insurance company is paying which means you are on the hook to pay the difference. In a situation like this, if you have umbrella insurance then the policy will kick in to cover the difference once your coverage has been maxed.

Whether or not you need umbrella insurance is a common question. Generally speaking, you should consider purchasing a policy if the value of your assets to include items like your real estate property, bank accounts, retirement accounts, investment accounts, college savings plans and any other asset with a monetary figure attached to it exceeds the limits of your homeowner’s or auto insurance liability coverages. Ultimately, the goal is to have more liability insurance than your assets are worth so you can’t risk losing them in a lawsuit.

With that said, you don’t need to have a high net worth to make umbrella insurance worthwhile. If you have a situation where you have greater liability than others such as household staff, dangerous equipment on property or an aggressive animal than it won’t hurt to at least explore your options.

When it comes to shopping for umbrella insurance in Dorchester, MA, there’s really no better option than Vargas & Vargas Insurance. Focusing on a no pressure environment, our friendly and knowledgeable team of insurance professionals will answer all your questions, help determine if an umbrella policy is right for you and assist you in the underwriting process.

Do You Need Car Insurance If You Aren't Driving Your Car? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Sep 2020 11:00:00 GMT

In these times, most of us have experienced extreme upheaval when it comes to our routines. That may include working from home. You may be ordering groceries or take-out to be delivered instead of going out. This means that our cars remained parked. As a result, many car owners are starting to wonder if they should even have car insurance during these times.

The short answer is, yes! Let’s explore why.

It’s Better to Maintain Coverage Than Have On-and-Off Coverage

Unless your car is completely out of commission — as in, it’s been totaled and is no longer drivable — you should keep insurance on it. The reason why is relatively simple: if you can still drive it, at some time, you probably will. That means there is always that chance that something could happen.

Another reason is that if you cancel your car insurance, and then you end up needing it again, you will be labeled as high-risk to the underwriters. This means you may have a hard time obtaining car insurance, or you will end up paying more. So, it’s cheaper and safer to maintain insurance.

Options for Stored Cars

If your car is locked away in a storage facility and you are definitely not going to be driving it anytime soon, meaning it will not be anywhere near any public road, you may be able to drop the coverage to comprehensive insurance only . This type of insurance protects the car from anything except a collision with another vehicle. For this reason, comprehensive insurance is sometimes referred to as “car storage insurance.”

How to Save on Car Insurance

Essentially, you do need to have insurance on your car (even if you aren’t driving that much). However, if you are concerned about the cost of premiums, it is always worth looking into different kinds of insurance and ways that you can save. Liability insurance is something that you have to have if your car is registered. But you may be able to take other kinds of coverage off of your car if you feel that you are not driving it enough to warrant having full coverage.

At Vargas & Vargas Insurance, we’re here to help answer your insurance questions and make sure you have the coverage you need. Contact us today to get in touch with a local representative.

What You Need to Know About Business Interruption Coverage and COVID-19 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 25 Aug 2020 11:00:00 GMT

Most businesses throughout the country have experienced some type of financial loss as a result of the COVID-19 pandemic. If you have chosen or been forced to temporarily close your business, you are likely searching for ways to replace your lost income in order to avoid a permanent closure, particularly if you have not been allowed to reopen yet. Although business interruption coverage applies to many events that have a similar impact on the operations of your business, it is unlikely to be a solution to interrupted business and revenue.

What Is Business Interruption Coverage?

Business interruption insurance is a type of specialized coverage that can be added to your regular commercial insurance policy. It is intended to serve as an additional layer of assistance for businesses that must temporarily stop operating as the result of a specific event, such as a fire or natural disaster.

Business interruption insurance generally serves as a temporary replacement for income, which can be used to keep the business from being forced to permanently close after such an event. The coverage is typically used to allow the business to continue paying employees and bills until it can reopen.

Can Business Interruption Coverage Be Applied to COVID-19 Closures?

Unfortunately, most business interruption coverage policies cannot replace the income that is lost as a result of closures related to COVID-19. Many business interruption coverage policies include a clause that specifically excludes pandemics, as the policy is intended for closures that include physical damage to the business . Although business interruption insurance policies exist to cover sporadic closures, they generally do not have the funds to replace the massive amount of income lost by nearly every business in the country during the pandemic.

However, not every insurance company excludes pandemics. We highly recommend reaching out to your insurance provider for more information about specific policies regarding COVID-19. Talking directly with your agent is the best way to get your questions answered accurately.

At Vargas & Vargas Insurance, we prioritize providing the most accurate and up-to-date information regarding the various types of insurance coverage available and how they can apply to unprecedented circumstances. Contact us today to learn more about the insurance policies we offer or to request a quote.

3 Recommended Commercial Insurance Changes for Companies Switching to Remote Work | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 18 Aug 2020 11:00:00 GMT

An increasing number of businesses are considering a permanent shift to remote work for their employees. The change is taking place in different industries, especially the technology industry. When a business switches to remote work, its potential risks and liabilities change. If your small business is considering changing to a remote workforce as a long-term strategy, start with a review of your business’s commercial insurance policies . This will help you identify potential gaps and changes in coverage that need to be addressed.

Some of the insurance implications that may arise under conventional insurance policies include:

1. Employers’ Liability and General Insurance

Coverage for your employees’ potential injuries depends on the categorization, where the injury took place, and the activity undertaken at the time of injury. Your business needs to ensure that the definition of covered employees under the employers’ liability insurance includes all employees to which the company may be found liable. Also, you need to ensure that the coverage consists of all places where your workers are located.

2. Property Insurance

The COVID-19 pandemic has led to an increased focus on different aspects of property insurance. While transitioning to a remote workforce may create less loss as a result of property damage, you may have more devices and equipment spread across different locations. Therefore, you need to make sure that property being used by workers in remote locations is insured.

3. Cyber Insurance

The switch to work remotely can make your business more susceptible to schemes of social engineering and hacks. When your employees work from home, they adapt to different modes of communication and may create new vulnerabilities in your system. But you need to do more than allow your IT personnel to increase security in remote working environments. Consider adding more coverage, such as cyber insurance , to protect your business’s data, systems, and hardware. Your business needs to make sure the coverage matches the risks.

For more assistance choosing the right commercial insurance policies during changes to your business, contact Vargas & Vargas Insurance today . We’re here to help.

What Should You Do If Your Term Life Insurance Policy Is About to End? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 11 Aug 2020 11:00:00 GMT

Do you have a term life insurance policy? A term life insurance policy is for a specific period of time. It will only provide coverage for a set period of time, such as 10, 15, or 25 years. During this time, if your policy is active, and you die, the policy will pay out benefits. But if you have a 10-year term life insurance and you die in the 11th year, unfortunately, the policy will not pay your beneficiaries.

If you have term life insurance and it is coming to the end of the policy, you can do a number of things. These include:

Convert the policy.
Renew the policy.
Buy a new policy.
Let the policy end.

1. Convert Your Term Life Insurance

If you have a term life insurance policy, you may have the option to convert the policy to universal or whole insurance . Depending upon the term life insurance that you have, you may have the entire policy period to convert or just a specific time period.

For example, if you have a 10-year policy, you may have ten years to convert to another type of life insurance policy. On the other hand, your policy may only allow you to convert in the first five years of the policy. Check the terms of your policy or reach out to your insurance company.

The key advantage of converting to a whole or universal life insurance policy is that you often do not have to go through another health check for your policy. The policy will convert and not use your current health condition for underwriting the policy. This is a great feature if you have developed health conditions since you bought the original policy.

What Is Whole or Universal Life Insurance?

Before we continue, it’s important to know what whole and universal life insurance are. Whole life insurance has consistent premiums and a guaranteed cased value accumulation. Universal policies have flexible premiums and death benefits. You can borrow against the cash value of either policy, and these are considered permanent life insurance. The coverage doesn’t end when you stop making premium payments — it will extend further into the future.

2. Renew the Policy

Some term policies allow for renewing the policy. This is known as a renewal option or privilege. It allows the policy owner the right to renew their term life insurance policy for an additional time period. However, if you renew the policy by extending your current policy’s coverage, the amount you pay may increase. You can renew even if your health has changed, but you may only be able to renew the policy until a certain age.

3. Buy a New Policy

If your health hasn’t changed, you can also buy a new policy. At this point, you can buy a term, whole, or universal life insurance policy. You will have to go through the health check again, and you may be limited by a two-year suicide clause.

4. Let the Policy End

A fourth option is to just let the policy end. Though this leaves you with no life insurance, it is an option.

If your term life insurance policy is ending or you would like to make changes to it, contact us or give us a call! The team at Vargas & Vargas Insurance can help you figure out what is best for you and your situation.

What to Do During and After a Hurricane | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 08 Aug 2020 14:45:00 GMT

Hurricanes can pose a serious hazard for people and properties in the Boston, Massachusetts, area. Floods , heavy winds, and other severe weather factors can cause damage quickly. Read this short guide about how to stay safe and protect your property both during and after the next hurricane.

What to Do During a Hurricane

During a hurricane, it is important to avoid going outdoors or driving because the winds and flooding can be dangerous. If you must be out in the storm, then it is important to:

NOT drive around road barriers
NOT walk through flowing water
NOT drive through flooded roads

Also, continue monitoring the media for any emergency information. Look for credible emergency information shared by the Massachusetts Emergency Management Agency (MEMA) and other government agencies. Also, you need to follow instructions given by the public safety officials.

If directed to evacuate, you need to do so immediately, and take only your essential items and any pets, if possible. Given that conditions change fast, you need to be ready for evacuation to different places as directed and if necessary.

What to Do After a Hurricane Has Passed

After a hurricane has passed and you had evacuated, return home if authorities say it is safe to do so. Continue to listen to news reports to know if the water supply is safe. Before local authorities declare your water supply safe, you need to boil the water before drinking or using it for food preparation.

As soon as it’s safely possible, check your home for any signs of damage. While checking your home, you need to:

Repair leaching systems and damaged septic tanks to minimize potential health risks.
Hire a qualified electrician to assess any damages to electrical systems.
Have a professional check your wells for contamination.
If you suspect there is a gas leak, go outdoors immediately and contact a licensed professional to check it out.
In case your home or property is damaged, document the damage by taking videos and photos and contact your insurance company.

Also, report any power outages to your utility company. If you’re waiting for the power to return, be careful to only use grills and generators outside because their fumes contain dangerous gases.

Try to avoid entering floodwaters in and around your property. Seek the services of a professional cleaning and repair company to clean and disinfect your home. Check on neighbors and friends, especially the elderly and those who live alone.

At Vargas & Vargas Insurance, we’re here to help you protect your home, property, and family. Call us today to learn more about hurricane-related coverage, flood insurance , and safety tips to help you get through the storm.

3 Things to Consider When Choosing Between Whole and Universal Life Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 04 Aug 2020 11:00:00 GMT

Whole life and universal life insurance policies have similarities and important distinctions. Both are types of permanent life insurance, which means they provide coverage for your entire life as long as premium obligations are met (which is different from term insurance ). Also, you can build cash value in either type of policy. Here’s what you need to consider to choose the coverage that’s the right fit for you.

1. Your Budget

Would fixed premiums or adjustable ones be a better match for your budget needs? Whole life insurance has fixed premiums. After you pay the initial premium on a universal life policy, you decide how often and how much to pay your premiums as long as you meet the policy’s minimums.

2. Your Risk Tolerance

Your investment in a whole life policy has low risk. The cash value accrues interest at the rate set by your insurer. Some whole life policies are eligible for dividends. You can choose to reinvest your dividends in the cash value or to have them sent to you. Dividends may also be put toward premium payments.

Selecting universal life, on the other hand, requires a higher risk tolerance . The rate of return on the policy’s cash value is not guaranteed. Rather, returns go up or down with market conditions. Some universal life policies are linked to the performance of a specific index like the Nasdaq 100.

3. The Needs of Your Loved Ones

Since whole life provides a fixed death benefit, it’s easier to plan for the future of loved ones who depend on your support. Fixed benefits may be particularly helpful if your loved ones include an aging relative, a child with special needs, or anyone else who won’t be able to develop their own means of support.

Universal life allows you to pick between a fixed death benefit and a benefit you can adjust up or down. This feature is beneficial if your personal circumstances change. For example, a married yet childless adult may initially choose a smaller benefit since it’s likely that only one person — the spouse — depends on the insured’s income. Should this couple have a baby, the insured person may want to increase the death benefit because more people rely on the insured person for support.

Your local independent insurance agent can answer questions and help you choose the right type of policy for you and your loved ones. Contact Vargas & Vargas Insurance today for friendly, helpful service.

Let’s Talk About Flood Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Aug 2020 16:54:00 GMT

For Massachusetts property owners looking to protect their investment, Dorchester, Massachusetts-based Vargas & Vargas Insurance is standing by to have a conversation with you about your flood protection insurance options. It is easy to avoid thinking about such unpleasantries with the thought that, “those things happen to other people,” but the reality is that that is not necessarily true. If you have questions about the state of your flood protection, our team of dedicated and licensed insurance agents are looking forward to having a conversation about your needs.

Flood Insurance Requirements in Massachusetts

Homebuyers searching for mortgage loans might be surprised to find that their lenders mandate that they purchase flood insurance as a condition of their loan acceptance. Indeed, as an example, Dorchester, MA residents risk flooding from both coastal flooding and rising waters from the Neponset River, so lenders will likely call for a flood policy in addition to your regular home insurance requirements. Working with one of our agents, we can write a policy that will not only keep your lenders at bay but will also protect you when Mother Nature begins stirring during storm season. Let’s talk about flood insurance and how it can give you and your family peace of mind should the worst occur.

Contact Our Team at Vargas & Vargas Insurance

If you need to look at the full range of protection afforded by having flood coverage from Vargas & Vargas Insurance, we welcome you to contact us at our Dorchester, MA for a conversation about how to best protect your property. Flooding can be a catastrophic event, but it does not have to wash your home down the street to devastate your life. Indeed, from moldy carpets to damaged furnishings in the aftermath of a flood-related incident.

What Is Personal Property Insurance? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 28 Jul 2020 11:00:00 GMT

Personal property insurance is part of a home insurance policy . It provides coverage for the items in your home that are damaged or lost due to events, called named perils, such as fire, lightning, smoke, theft, and vandalism. In this article, we’ll discuss what types of coverage you can have and what you need to know as you shop for a policy.

Personal Property Types of Coverages

There are two types of personal property coverage:

Actual Cash Value (ACV)
Replacement cost value

An actual cash value policy is where an agreed-upon amount is decided upon when drafting your policy, which is the replacement value of the item minus depreciation. This amount is what you will be paid if the property is damaged or stolen. The insurance company will reimburse the agreed upon actual cash value in qualifying circumstances.

Replacement value is the second type of coverage. This coverage allows you to replace the item with another item of “replacement value.” In other words, it covers the cost of replacing the item with another similar item — a TV for another TV, for example. To get reimbursed by your insurance company with this method, you must generally buy a replacement item and submit your receipts to the insurance company for payment.

Personal Property When You Have a Home, Condo or Renter Insurance Policy

Personal property is covered differently depending upon whether you have traditional home insurance or condo or renter’s insurance . Home insurance will usually cover your personal property for an aggregate amount of up to 50% of the dwelling amount, or the amount your home is insured for. So if your home is insured for $240,000, your personal property will be insured for $120,000. If you’d like to have more insurance for your personal property, you may have the option to choose more than 50%, but with a higher premium.

Renter’s or condo insurance provides coverage amounts a bit differently. You will be able to pick the amount of insurance you want based on your estimate of coverage needed. This amount will depend upon what you own and how much it is worth. The coverage amounts vary by the insurance provider and by the specific type of policy offered.

More Valuable or Expensive Personal Property

If you own items that are more valuable, such as antiques or collectibles, you might invest in additional insurance for this coverage. You may hear terms such as floater, endorsement , or scheduled personal property. These actually refer to additional coverage that you may purchase to cover valuable items that might not be covered specifically under your home owner’s insurance coverage limits.

Contact us and let us help you with your personal property insurance needs. Vargas & Vargas Insurance provides friendly assistance with all of your coverage needs.

What Condo Owners Need to Do If They're Only Covered Under the Master Policy | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 21 Jul 2020 11:00:00 GMT

Although most new condo owners are added to the property’s master policy upon purchase of the unit, the claim that this policy is all owners need is misleading. You may have been told that your unit’s coverage under the master policy prevents you from having to purchase separate coverage, but the policy is only meant to protect the property, not your personal possessions. If your condo is only covered under the master policy, now is a good time to purchase additional coverage that meets your needs.

What Is a Master Policy?

A master policy is the most basic type of insurance used by condo owners. It typically covers damage to the building itself, as well as common areas and liability for the condominium association. However, unlike other policies, your master policy does not cover your belongings or personal liability. The master policy provides the necessary protection for your condominium association. But only being covered under the master policy is not sufficient to protect yourself.

How Should I Cover My Condo?

Every condo owner’s coverage should be comprised of both the master policy and individual condo insurance. Condo insurance is similar to regular homeowners insurance, but it is designed to meet the unique needs of shared property ownership. It covers owners’ belongings and personal liability, as well as additional coverage for the building itself. Upgraded features may also be covered only by condo insurance, as many master policies only cover standard features.

What Happens If a Claim Is Made?

If a claim is made for something that happens within your unit, you will generally be defended by your private insurance company, not the master policy. Your insurance company will cover the necessary funds, minus the deductible. If you are only covered by the master policy, you will likely be responsible for the claim.

Your master policy should work together with private condo insurance to provide the best possible protection, rather than being considered the only insurance you need. In order to adequately protect yourself and your belongings, select a condo insurance policy that effectively fills in the gaps of your master policy. At Vargas & Vargas Insurance, we’re here to help you find the right coverage.

Stay Current on Massachusetts RMV Extensions and Reduced Insurance Rates | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 14 Jul 2020 11:00:00 GMT

The COVID-19 pandemic has impacted nearly every industry, and new changes continue to roll out. Drivers and car-related industries have experienced some unique challenges. What should you do if your vehicle registration is due? In Massachusetts, the Registry of Motor Vehicles (RMV) renewal deadlines are extended. Also, many car insurance companies are giving back money to their customers.

Registration and Renewal Extensions

The shutdown, phased reopening, and social distancing measures are necessary to ensure public safety and health during the COVID-19 crisis. But because of the changes and importance of staying home, the Massachusetts RMV has posted COVID-19 changes and updates regarding important registration and renewal dates. Driver’s license and permit renewals, which were due in March and April, were initially allotted a 60-day extension. However, the RMV has updated the timeline, with March-June renewal dates now extended until July 30, 2020. Plate registration and inspection sticker renewals that were initially due by May 31, 2020, are extended until July 31, 2020.

Customers are encouraged to use the RMV online services whenever possible. Residents who require in-person assistance at an RMV service center must reserve an appointment ahead of time. Reservations can be scheduled by phone or online.

Reduced Car Insurance Rates

The various social distancing measures have caused many people to spend more time at home. As people are commuting less, many auto insurance companies have stepped forward to offer reduced rates for customers. Many national and local insurance providers — including Allstate, Progressive, Geico, Plymouth Rock, Arbella Insurance, Vermont Mutual, MAPFRE, and many others — are participating in relief options for premium s during the current pandemic.

As the COVID-19 pandemic continues, the auto and insurance industries continue to provide customers with valuable updates and changes to accommodate customer needs during this challenging time. Contact us today to stay on top of your coverage needs and adapt to ongoing changes. Vargas & Vargas Insurance can help you stay informed on how COVID-19 is impacting vehicle registrations and auto insurance policies.

What You Need to Know About Phase Two of Massachusetts Reopening | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 07 Jul 2020 11:00:00 GMT

The state of Massachusetts is reopening in phases . On Monday, June 8, Phase Two of the plan was initiated. With the peak of COVID-19 on the decline in the state, Phase Two for many parts of the economy and communities has had many businesses reopening their doors for the first time in months. Below are what residents can expect in the next couple of weeks.

Retail Stores and Restaurants

At the beginning of Phase Two, restaurants with outdoor dining options were able to reopen to patrons. All dining tables are mandated to be six feet apart, allowing for the required social distancing requirements.

Retail stores also can begin to open their doors, but capacity limits will be in place. In addition to staff members, only eight customers will be permitted in the building per 1,000 square feet. This allowance keeps the store at 40 percent or lower occupancy at all times.

Healthcare Facilities

With non-essential services postponed during the pandemic, many healthcare facilities were closed indefinitely. During Phase Two , many of these facilities can start to reopen and resume standard services. Patients in the hospital will be permitted one visitor, which is up from the no visitor policy in Phase One. Non-essential and cosmetic surgeries will continue to be delayed during Phase Two with plans to resume in Phase Three.

Child Care Services

If certain distancing requirements are met for child care and summer camps, they may be allowed to reopen during Phase Two.

Lodging and Personal Services

All services that do not require close contact between employees and customers are able to reopen under the same social distancing requirements of six feet between individuals. In terms of lodging, hotels can reopen to guests. However, community areas such as meeting rooms and pools will not be allowed to open.

Outdoor Recreation

As long as sporting events can be practiced and played with social distancing regulations in place, they will be permitted. All adult sports games will be moved to outdoor facilities during this phase in order for them to continue. Local and state parks will continue reopening for public use over the next couple of weeks.

These changes are expected to continue throughout Phase Two, leading into the next phases as cases of the virus continue to decline. The importance of Phase Two is to allow Massachusetts residents the ability to acclimate back into society safely and cautiously.

At Vargas & Vargas Insurance, we’re here to help you feel safe at home and as you work. Contact Vargas & Vargas Insurance today to maintain your insurance needs.

Happy “Interdependence” Day 2020 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 04 Jul 2020 13:12:00 GMT

This Fourth of July holiday will be very different this year. I have started calling this year’s Independence Day “Interdependence Day” because we need each other now more than ever!

This is the time when we enjoy spending time with family and friends, and maybe watch the sparkling fireworks. However, social distancing limits seats at the picnic table, if any at all, especially with the report of a new wave of COVID-19 cases.

We continue to believe our doctors and medical community will help us conquer this disease; however, with more than 10 million* confirmed cases of COVID-19 around the globe, this terrible fight is far from over. Meanwhile, the US economy appears to be turning a corner and better times may be ahead.

Voltaire said, “History never repeats itself. Man always does.” which means history may be a guide for what may happen next.

While we’ve faced several health, social, and economic crises this year, Fourth of July is a good time to think about how lucky we are to live in this great country and to remember the resilience and perseverance we’ve demonstrated over the past 244 years. History has shown us that better times will come.

Thank you for allowing us to be your local independent insurance agent!

Best wishes for a happy and safe Fourth of July!!

Carlos

Protecting Your Most Prized Possessions: How to Insure Your Engagement Ring | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 30 Jun 2020 11:00:00 GMT

The question has been popped, and now you’re sporting a shiny new rock on your left hand. Congratulations! Before you start hearing church bells and say, “I do,” it’s important that you take the time to protect your valuable new asset with the proper insurance policy . While ring insurance may not be the most romantic thing you’ve ever thought of, protecting your beloved piece can give you peace of mind. You’ll know you’re covered in the event of an unfortunate situation. Here’s what you need to know about getting your engagement ring insured.

1. Don’t Wait to Insure Your Ring

As soon as the ring is purchased, you or your fiancé can have it insured. The sooner you choose to do so, the sooner you’ll be protected.

2. Understand How the Insurance Works

When it comes to finding an insurance company to insure a piece of jewelry, you have two options: adding it to your homeowners or renters policy, or finding an independent company that specializes in jewelry. The cost of the insurance will depend on if your insurance company requires a deductible and where you live. For policies with no deductible, you will likely pay more in monthly premiums. On average, you can expect to pay $1 to $2 for every $100 your ring is worth.

3. Ask the Right Questions

Before you commit to a policy, be sure to ask your provider these questions:

Are you covered for damages, loss, and theft?
How do you prove that the ring disappeared?
What circumstances aren’t covered?
Can you choose who does repairs on the ring?
If a replacement is covered, where are you allowed to buy a new ring?

4. Get It Appraised

Choose an appraiser who has the proper credentials to give you an accurate value of the ring. Be sure to keep a copy of the documentation that proves your ring’s condition and worth, so that you can not only have it replaced if something happens, but also so that you pay the appropriate premium on your investment.

While some appraisal services may try to exaggerate the value of your ring, getting the actual value of the ring is critical to keep you from paying higher monthly premiums unnecessarily. It’s also worth noting that most insurance companies will choose to replace a missing ring rather than write a check to the consumer to replace it. Many already have relationships with jewelry wholesalers and will never pay the retail price or pay for an inflated appraisal value.

Vargas & Vargas Insurance can help you enjoy your engagement ring for years to come without worrying about it getting lost or damaged. Contact us today to learn more about our competitive insurance services and how we can protect your most prized possession.

What Can I Do About Forced Place Insurance? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 23 Jun 2020 11:00:00 GMT

Forced place insurance is only applied after a homeowner has failed to meet insurance requirements as detailed in their mortgage. So the first step in avoiding the additional cost of this type of insurance is staying on top of your insurance obligations . Know exactly what type of insurance coverage your lender requires before purchasing a home, and do your research to find a cost-effective policy that meets your needs. Justly as importantly, keep up with your payments to prevent your coverage from expiring.

If you do find yourself unexpectedly billed for forced place insurance, there are steps that you can take to have the policy removed. First, you will need to pay the premium as soon as possible in order to prevent your lender from taking further action, such as seeking foreclosure. This buys you a limited amount of time to correct the issue in order to prevent it from becoming a larger problem.

Once you have taken care of this crucial step, search for a new insurance policy to replace the forced place insurance. You will either need to restart your expired policy or purchase a new one that meets your lender’s requirements.

Then, once you have purchased a replacement insurance policy, provide your lender with a written request to remove the forced place insuranceand proof that your new policy fulfills the requirements. Be sure to stay informed about any changes to your lender’s requirements in order to avoid future insurance problems.

Removing Forced Place Insurance Is Simple with the Right Insurance Service

Although forced place insurance is expensive and inconvenient for homeowners, it is an issue that is relatively easy to resolve. By providing your lender with proof that you have corrected your error, most homeowners can quickly return to their chosen homeowners insurance policy instead of paying far more for forced place insurance.

At Vargas & Vargas Insurance , we are experts at getting you the right coverage at the right price. Call us at 617-298-0655 today to learn more about our services!

How Much Condo Insurance Do You Need? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 22 Jun 2020 10:00:00 GMT

In order to determine how much condo insurance you need in Dorchester MA, you should plan to look at your condo’s association master policy.

How Much Dwelling Coverage Do You Need?

There are two types of master policies that affect how much dwelling coverage you need. All-inclusive means that the policy insures the exterior and interior surfaces of the unit and you would just need to worry about the stuff you own. Fixtures attached to the wall, such as the shower, cupboards, and toilets, also fall under this master policy. However, improvements are considered a gray area. A bare wall in policy means that everything inside the condo’s four walls needs insurance. This means fixtures and appliances have to be covered by your individual policy. If your condo association has bare walls in the policy then you will need more dwelling coverage.

Once you have figured out what type of dwelling coverage you need you to evaluate your options with an agent at Vargas & Vargas Insurance and discuss what it would cost to recreate your condo in the event a major accident happens. You can use an estimate from your mortgage lender or an estimate from a contractor or architect. Sometimes a mortgage lender will have a requirement for the specific amount of dwelling coverage you should have. It’s important to keep your dwelling coverage updated as you make improvements to your condos, such as a bathroom or kitchen renovation since it would be a higher cost to replace these new items.

How Much Property Coverage Do You Need?

The easiest way to determine how coverage you need for your personal property in Dorchester, MA is by doing an inventory. Be sure that all your valuable items, such as jewelry, are covered.

Contact Vargas & Vargas Insurance to get a quote on condo insurance.

Happy Fathers Day 2020 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 21 Jun 2020 13:35:00 GMT

Happy Father’s Day. I say that with no exclamation, no sense of a hearty salutation. Not that I want Fathers today to feel unloved or un-appreciated. No, not at all.

On the contrary, my lack of happy exclamation is meant to express the sobering reality of a Father’s Day in the year 2020. We live in revolutionary times, like none our Nation has experienced since its founding or since the Civil War that divided our us!

Families celebrating Father’s Day, 2020, face an entirely new set of challenges that can easily dampen their bright moods in honor or their Dads.

The COVID-19 pandemic created an entirely new dynamic for Fathers all across our great country. Dads who literally became “stay-at-home” parents, living a different existence with their children than they may have lived previously, taking on more responsibilities for the nurturing, care, and even education of their children.

Hopefully, also, coming to realize the hard work that Mothers, Teachers, Coaches, and others perform to help these Dads’ children grow into adults.

The pandemic created a new reality for families of Dads who are Essential Workers. Instances where Fathers cannot come home for weeks or months due to their responsibilities to their respective communities out in the world, and, for the protection of their children and wives.

The political climate can be a daunting experience on this Father’s Day too. Families may find themselves divided along stark lines of opinions and affiliations, bringing long-simmering tensions to the surface.

Finally, the Black Lives Matter dynamic presents Fathers everywhere, of every race, creed, ethnicity with distinct daily challenges to face compassion for fellow humans.

While this message may seem sobering to you, I believe the true takeaway is one of hope. Father’s Day is an institution in The United States, one created as a response to Mother’s Day in the early Twentieth Century, to create an equal opportunity to honor Fathers in the same way we honor Mothers.

And there, that is the sense of hope I find for this Father’s Day, 2020. The American Family is an institution, no matter how that family is constructed, and the American Family is something to honor, to hold true to our hearts, and to believe in as we search for something of certainty during these challenging times. On this Father’s Day you can find strength, hope, and, yes, a sense of optimism, that our great American experience will respond to these challenges and we will all be the better for it, all of us, Families, Mothers, and, yes, Fathers.

What You Need to Know About Forced Place Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 16 Jun 2020 11:00:00 GMT

Unexpectedly finding yourself paying for forced place insurance can create a significant dent in your monthly budget. This type of insurance is a lender’s response to expired or insufficient insurance, and it costs significantly more than your own policy. It sometimes as much as four times the cost of your own policy . Fortunately, there are steps homeowners can take to resolve their current insurance deficiencies and request that their lenders remove the forced place insurance policy.

What Is Forced Place Insurance?

Forced place insurance is an insurance policy that your mortgage company purchases to cover their interest in your home if:

You let your home insurance policy expire, or
Your policy does not meet their coverage requirements.

Forced place insurance generally only covers the cost of your mortgage. While other insurance policies cover your possessions and the full cost of replacing your home, as well as protect you in the event of a lawsuit, forced place insurance does not protect the homeowner and only replaces the cost that protects your bank or mortgage company.

Why Is Forced Place Insurance So Expensive?

Forced place insurance is generally more expensive than regular homeowners insurance. That’s because it is an extra step that your lender needs to take if they determine that you have not met the insurance requirements specified in your mortgage. Because your property must be insured in order to protect your lender, allowing your homeowners insurance to expire — or purchasing a policy that does not meet the needs of your area — gives your lender the right to purchase any policy they choose for your property.

In many circumstances, the cost of forced place insurance can cost multiple times the amount of a typical homeowners insurance policy. Because the cost of this policy becomes the homeowner’s responsibility, most lenders will not shop around for an affordable option.

If you want to know more about forced place insurance and how to get a more favorable policy, we can help. Contact Vargas & Vargas Insurance today.

What You Need to Know About Personal Property Insurance (for Your Home) | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 09 Jun 2020 11:00:00 GMT

Homeowners insurance in Massachusetts is complicated. That’s why the staff at Vargas & Vargas is creating blogs. We want to help our customers understand the most important insurance topics as they relate to YOU. With this article, we’ll explain personal property insurance, also known as contents coverage.

As always, feel free to reach out to us directly to speak to a licensed agent if you have questions beyond the scope of this article.

What Is Personal Property Insurance?

Personal property coverage, or contents coverage, is a protection built into your homeowner’s policy for the contents of your home. It covers your belongings, like:

Furniture
Clothing
Carpeting
Dishes and cookware
Almost everything else you own (with a few exceptions)

Take a look around your home. What would it cost to replace everything if the home was to burn down? It would probably cost quite a bit. So most homeowner’s policies will start their basic guess of your personal property’s value at 50% of your home’s reconstruction value. In other words, if we believe your home would cost $300,000 to rebuild, we can guess that your belongings are worth about $150,000.

To get more refined valuations, keep receipts for the more expensive purchases in your home. They can be very helpful after a loss. Also, every homeowner’s insurance policy is unique. Some programs provide more contents coverage than others. So talk to a licensed agent if you feel your contents coverage isn’t enough. We can always provide more!

What Isn’t Covered?

Certain items aren’t protected by personal property coverage. The list includes things like:

Luxury jewelry
Fine art
Expensive furs
Heirloom antiques and collectibles of high value

If you own valuables like a $70,000 painting or a $20,000 Gibson guitar signed by John Lennon, then talk to your agent to get it endorsed on your homeowners policy.

But if you own a $13,000 diamond ring, you’ll need special insurance for it. This type of coverage is called a Personal Article Floater (PAF) — or simply a “floater” — in the industry. Just provide us with certified appraisals, and we’ll do the rest!

Need to talk about personal property insurance? Vargas & Vargas Insurance has service centers all around Massachusetts, and we’re happy to help. Email us today or call 617-298-0655 to speak with a licensed agent.

Do I need comprehensive coverage if I have collision | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 08 Jun 2020 15:17:00 GMT

Auto insurance is not just one type of insurance. In most cases, you will need to have liability insurance coverage to protect other drivers from you and any mishap you may have. This is mandated by each state and differs from place to place. When you have a car loan, the lender will make you carry certain other types of insurance to protect them. But after your loan is paid, you can decide what other parts of auto insurance you want to carry. At Vargas & Vargas Insurance in Dorchester, MA we pride ourselves on our ability to help you solve your insurance problems at the most competitive rates available.

When it comes to the question do I need comprehensive coverage if I have collision coverage it is important to understand the type of coverage both of these types of insurance providers. In some ways, it is like comparing apples and oranges, the things that are covered by both types are really quite different.

Collision insurance pays for repair or replacement of your vehicle in an accident where you are deemed to be the responsible party or at least partially responsible. This is coverage that usually involves another vehicle but it can also be an inanimate object like a pole or a tree. Comprehensive is often referred to as non-collision coverage. It covers things that are beyond the driver’s control like a large animal running into the road in front of your vehicle. Glass coverage is usually also included. Comprehensive insurance includes weather events that impact your vehicle. If your vehicle is stolen or vandalized comprehensive insurance coverage will kick in.

As you see, these are both very important types of coverage and there is no overlap in the coverage. For more information about both of these types of auto insurance give the office of Vargas & Vargas Insurance in Dorchester, MA a call.

The biggest benefit of working with a local independent insurance agent like Vargas & Vargas is that our licensed local agents work with many insurance companies. We will customize your insurance policy to your own specific needs, then we can move forward getting quotes from the best companies for your unique situation .

Need some Massachusetts insurance quotes? Let’s talk !

What these uncertain times have taught us | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 03 Jun 2020 20:36:00 GMT

If there’s anything these uncertain times have taught us, it’s when massive changes come our way, we can adapt.

Confronting the global COVID-19 health crisis has brought many changes to our daily routines– including how we do our jobs. For many of us, there’s no more leaving home to go to work. If you’re now managing your business from home, these three tips can help you balance your personal and professional life.

1. Keep your routine

When work and home life blend, it can be a challenge to keep track of time and easy to get distracted. Create a pattern to your day.

For example, when you wake up:

Take a shower as you usually would
Make time for breakfast or coffee.
Exercise, meditate, or spend some time in your bliss station .
Pick an activity that helps you start your day the way you want to – even if it’s just for a few minutes

If you’re not working a set schedule remotely, try creating your own scheduled work-from-home hours. Taking time each day to “show up” for work can give you a greater sense of control in unsettled times.

2. Be creative

For some, this might be a time to explore new ways to grow your business, grow your skill sets, or launch a new idea. If you’re in that creative headspace

List ideas on paper to research online.
Reach out to experts or people in your network by phone or email.
Keep up with your customer and prospect base on social media or via email
Write a blog, email or other communication telling your customers how you’re handling the crisis
Brainstorm ideas with other professionals on ways to keep your business essential in this new normal.
Start or join a virtual coffee of cocktail hour to see how and what others are doing work from home.

3. Relax and recharge

Find ways to relax that separate work from the quality time at home.

Play games with your kids, make a meal with a housemate, or just take time out to read quietly on the couch. You can also stream exercise routines online, right in your living room, and build strength with weights if you have them on hand – or even soup cans.

Finding time to relax or exercise across each work-from-home day can be essential to creating distance from your professional tasks and having the energy to get your work done.

More than anything, find the pace and structure to the day that works best for you and your business to work from home like a pro. Set a time that your workday ends, if you don’t your work with take over your life.

4. Check-in with your clients

Make sure that your clients know you are thinking of them right now and you’re available to answer any of their questions about your business as it relates to the coronavirus. A lot of your clients might be experiencing anxiety about what comes next, and as a trusted expert in your field, you are well-positioned to guide them through challenges and changes.

Take the time to call or text each of your clients to continue building long-term trust. Send a message to cvargas@vargasinsurance.com and I will share with you the message that has been working very well for us!

As always, Vargas & Vargas Insurance your local independent insurance agency is always ready and willing to help, you can reach our team at 617-298-0655.

All About the Circuit Breaker Income Tax Credit for Massachusetts Homeowners and Renters Age 65+ | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 02 Jun 2020 11:00:00 GMT

It’s tax time! At Vargas & Vargas , we’re Massachusetts licensed insurance agents and tax professionals, and we’re ready to help. We want our customers to be aware of the Massachusetts “Circuit Breaker” tax credit for folks who are age 65 and up. We know that every cent counts at income tax time. This income tax credit can be valuable for seniors, whether they own a home or rent.

Seniors Might Get a Cash Refund From Massachusetts — Even If You Don’t Pay State Taxes

According to this Massachusetts Association of Councils on the Aging (MCOA) fact sheet , the “‘Circuit Breaker” tax credit program is a program for individuals aged 65 and older, whose property taxes and half of the water and sewer bills are more than 10% of their annual gross income. Renters can qualify for the credit, too, if your rent is more than 25% of your income and you meet a few other criteria.

Seniors can get this refundable income tax credit even if they owe no income taxes!

A Few Basic Criteria

This tax credit is based on property taxes you’ve paid (or that your landlord paid) in 2019, plus your sewer and water bills. Keep these requirements in mind:

You must be 65 or older this year to qualify.
Your primary residence, whether you own or rent, must be here in Massachusetts.
Your earnings must be less than $60,000 for a single individual, $75,000 for a head of household, or $90,000 for married couples who file jointly.

For instance, let’s assume you’re single and earned $40,000 in 2019. You paid $3,000 in property taxes and $4,000 in water and sewer bills. Since your total eligible payments of $5,000 are greater than 10% of your earnings, you’ll qualify for the tax credit!

How Much Is the “Circuit Breaker” Tax Credit Worth?

According to the official Massachusetts state website , the maximum credit value is $1,130. Talk to a tax advisor about the exact credit amount for your unique situation.

Vargas & Vargas is a local, family-owned insurance agency. We provide competitive insurance products and tax services across Massachusetts. Reach out to us today if you’d like to learn more about our tax services or if you need a quote for homeowners or renters insurance.

Progressive vs. Geico Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 26 May 2020 11:00:00 GMT

All insurers are not created equal, nor are all insurance policies. We’re not here to sling mud or speak badly about any insurance provider! But we are going to explain how every insurance company has an ideal customer in mind, and show you some specific differences between Progressive and Geico insurance policies as examples. Our duty at Vargas & Vargas Insurance is to connect every customer with the right insurance policy. We work with many major insurance companies, and we can help take the guesswork out of any of your Massachusetts insurance policies. As always, if you have questions beyond the scope of this article, reach out to us today .

About Progressive

Progressive is a well-respected insurer with an excellent reputation. Their ideal client is a multi-line household — in case you hadn’t noticed “Flo’s” focus on insurance “bundling” in their advertising campaigns . Progressive will insure your home and autos, and the company offers life insurance choices, too. They provide great coverages for adults with multiple insurance needs.

Progressive provides homeowners insurance in-house; they don’t farm it out.

About Geico

Geico began as an insurance provider for government employees and gradually broadened their scope. Geico’s focus is providing economical pricing on auto insurance, though they also insure recreational vehicles like motorcycles and RVs. They usually have somewhat better rates for some riskier drivers, like those who have had many at-fault accidents, those with many speeding tickets, and young inexperienced drivers.

Geico does not write their homeowners insurance policies. They can provide you a quote, but they “farm out” the policy to a partner.

Our Perspective

At Vargas & Vargas, we work hard to match the right type of insurance policy to our customers. Both Progressive and Geico homeowners policies, for instance, will provide replacement cost coverage . Still, they offer different bells and whistles, as well as different rates.

Both Progressive and Geico homeowner’s policies provide medical payments to others in case of injury, liability coverage, and coverage for water or sewer damages. However, Geico and Progressive recommend lower limits of liability and deductibles on glass coverage, where most insurance professionals do not. And both companies offer varying discounts (like paid-in-full discounts, paperless billing discounts, multi-line discounts, and so on).

The biggest benefit of working with an independent insurance agent like Vargas & Vargas is that our licensed, independent insurance agency works with many insurance companies. We know their underwriting criteria and know their ideal customer. Our goal is to spend time with each prospective client to get a feel for your insurance needs. Then we can move forward getting quotes from the best companies for your unique situation .

Need some Massachusetts insurance quotes? Let’s talk !

What You Need to Know About Liability Insurance for Your Massachusetts Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 19 May 2020 11:00:00 GMT

Liability coverage may be the least understood portion of a typical Massachusetts home insurance policy. Other standard home insurance coverages — like dwellings coverage or personal property coverage — protect you from losses to your own property. In contrast, liability insurance protects you when you’re legally responsible for someone else’s losses.

How the Liability Portion of Your Home Insurance Policy Works

Liability coverage usually extends to you and family members who live in your household. You’re covered if someone sues you or a family member for causing certain injuries or property loss. Liability insurance pays expenses, such as the cost of your legal defense, court costs, and settlement fees (or damage awards).

Examples of What Liability Insurance Can Cover

Your liability protection typically includes accidental injuries to someone visiting your home. For instance, you’re covered if your guest gets hurt from falling on your icy porch steps.

You’re also covered for certain property damage and accidental injuries caused by you or a covered family member that happens away from your home. Here’s an example. Your child is playing baseball in a neighbor’s yard. He pitches the ball, and it accidentally hits the neighbor’s child in the head. The neighbor’s child is seriously injured. Your liability coverage takes care of your attorney’s costs and the settlement fee related to that event.

What Homeowners Liability Insurance Does Not Cover

Liability insurance does not cover intentional acts or injuries. Also, homeowners liability insurance does not cover losses related to the operation of a vehicle or business. You need auto insurance or business insurance for those costs.

Deciding How Much Liability Coverage You Need

For any type of insurance, the coverage limit is the maximum amount of money that the policy will pay out. The coverage limit for the liability portion of home insurance can be as little as $100,000. However, since the median home value in Massachusetts is $426,330, $100,000 is not enough coverage for most Massachusetts homeowners.

You can and should increase your coverage limit to be equal to or more than your home’s value. Losing your home to pay a settlement fee or damage award is a possibility for homeowners who don’t have sufficient coverage. Contact us today so we can help you find a home insurance policy that has the liability coverage that meets your needs.

These Auto Insurance Companies Are Giving Money Back During COVID-19 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 12 May 2020 16:18:00 GMT

It’s no secret that the COVID-19 global pandemic has caused immense strain — physically, mentally, and financially. While the uncertainty of the coming months continues to weigh heavily on everyone’s minds, more and more stories are coming to light every day about individuals and corporations trying to do what they can to help. The insurance industry is among them. Several companies have implemented plans in recent days that will attempt to lessen the monetary burden their customers are facing for car insurance and other policies. Wondering if your company is one of them? Check out the list below.

Farmers

Customers with Farmers or 21st Century-branded policies will see a 25% reduction on their premium for the month of April. The discount will be applied as a credit to next month’s billing statement. If you paid your premium in full, it will be issued as a check or direct deposit to the account on file. The reduction is being applied automatically and requires no action on your part.

State Farm

State Farm policyholders will be apportioned part of a $2 billion dividend from the company. While exact percentages for individual customers will vary by state, policyholders will be credited a percentage of their premium from March 20 through May 1. The company estimates that the average will be about 25% of the premium for that time frame, and customers don’t need to take action to receive the credit.

Progressive

Policies active with Progressive at the end of April or May will receive a 20% premium credit. The company will notify its policyholders when the credit will appear, and it will be automatically credited toward the balance of their next bill. If you’ve paid your policy in full, then either a check will be issued, or the amount will be deposited into the payment account on file.

Allstate and Esurance

Through the months of April and May, Allstate and their family company Esurance are offering customers a 15% refund based on their premiums for those months. The money will be directly deposited into whatever account their latest payment was made (or credited to their account) – so no action is required by customers to receive the money. The company is also offering payment relief plans upon request, extended coverage for personal vehicles in certain commercial capacities, and the ability to sign up for free identity theft coverage through 2020.

Nationwide

For policies active as of March 31, 2020, Nationwide will be offering policyholders a one-time premium refund of $50. When you’ll see the money will vary by state regulatory approval. The company is also offering the ability to suspend some cancellations, defer payments for certain policies, and waive some late fees in certain circumstances due to COVID-19 related hardships. While no action is required for the premium refund, you’ll need to reach out to a representative for additional considerations.

USAA

Every member with USAA who has an auto policy in effect as of March 31, 2020, will receive a 20% credit on two months of premiums without needing to contact the company. Extended coverage, policy leniency, and special payment arrangements are also available upon request.

Geico

A 15% renewal discount is being offered by Geico for auto, motorcycle, and RV policies set to renew between April 8 and October 7, 2020, for 6-month policies and between April 8 and April 7, 2021, for 12-month policies. The credit is also being extended to new business policies written between April 8 and October 7, 2020.

No action is required on the customer’s end; the discount will be credited automatically upon renewal. Cancellations due to nonpayment have also been paused through at least April 30, 2020, for all states, while some states may get longer windows. You can see if your state has a longer grace period here .

Liberty Mutual

Liberty Mutual customers with personal auto insurance policies will receive a 15% refund on two months of premiums, based on the premium amount as of April 7, 2020. The refund will be automatically deposited into the account used to make your last payment or by check. When the funds will arrive is subject to individual state regulations, but customers do not have to take any action to receive their money.

Vargas and Vargas Insurance is here to help you. As local independent insurance agents, we represent many local insurance companies that are also offering to lessen the burden when it comes to your automobile insurance premiums. Contact us with your insurance questions or to get a quote. We’re available during business hours at 617-298-0655, or you can reach out through text and online. We take pride in helping you with all of your coverage needs and look forward to taking care of you today.

Jewelry and Gem Valuations: GIA or Bust! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 08 May 2020 20:39:00 GMT

As Massachusetts insurance professionals, the licensed agents at Vargas & Vargas Insurance are here to make sure your risks are covered. Part of that mission is to educate our customers about the importance of credible paperwork. Today, we’re talking specifically about worthless jewelry valuations and fake appraisals.

In January 2020, Jewelry Insurance Issues published this article , making all of us in the industry aware that AGA, the “ Accredited Gemologists Association ” logo has been ripped off and is being used on bogus jewelry certifications. The alarming thing is that AGA isn’t even a gemology lab! It’s a non-profit club whose mission is to provide networking between jewelers, gemologists, and material sources.

So which certificates can we trust?

Diamond & Jewelry Certifications We Can Trust

The most respected diamond or gem appraisal will come from the Gemological Institute of America , or the GIA. Jewelers and investors around the globe trust GIA above any other source. Many investors and insurers will only accept GIA paperwork. There are a few other sources available for certifications, however, including the following:

The retailer or manufacturer may provide a gem certificate when you purchase the piece. These are to be taken with a grain of salt. Some insurers will write a personal articles floater (the type of insurance associated with a fine piece of jewelry) based on this certificate. Others will not.
A professional appraisal from a certified gemologist may also appease an insurer.
The International Colored Gemstone Association (IGA) also offers gem certifications. Their reputation isn’t illustrious, however, so an insurer or collector might not accept them.

Personal article floaters (PAFs) for jewelry are written on a case-by-case basis. If you believe your ring is worth $25,000, the best thing you can do is send it off to GIA (through a related jeweler) for a genuine lab report. As of 2020, GIA lab inspections cost around $500 for general consumers, but a GIA certified jeweler can have them done at a third of that price.

The process takes three weeks. Afterward, you’ll have irrefutable evidence of your gem’s value.

Jewelry Scams Happen

Gem and jewelry “fakes” and “cons” have been around for centuries. If you’ve been conned into buying a fake gem, know you’re not alone. Sometimes a gem can be innocently mislabeled, as in the case of the Black Prince’s Ruby , which is a spinel set in the imperial state crown of England. Yes, the highlight of the crown is an imposter! If your lab report comes back describing your gem as a simulant, lab-created, or of much lower quality than you thought, you may have some options. Speaking directly to the jeweler is your first course of action. A good jeweler will do their best to fix the situation.

If you purchased your piece from an online retailer or auction house (eBay), you might have protections in place via PayPal or your credit card. The good news is that you won’t be paying to insure a fake!

We hope you’ve enjoyed our discussion of bogus gem reports. We sure enjoyed writing it! If you’d like to learn more about insurance for your most cherished heirlooms, email one of our agents today!

Is Life Insurance A Real Necessity? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 30 Apr 2020 18:58:00 GMT

Where Does Life Insurance Sit on Your List of Priorities?

We find that life insurance sits very low on most people’s bucket list of things to check into and buy. We find that most of the younger generation feel they are invincible and nothing is ever going to happen to them, like death. Our licensed insurance agents at Vargas & Vargas Insurance view life insurance as a necessity in life, making this an urgent subject to deal with before your next birthday. Everyone is going to die at some point, the question is not if, but when? Are you adequately protecting your family in the event you die?

Life insurance is very cheap when you are younger age, meaning, you can buy a higher amount of coverage with lower monthly premiums. Perhaps you can buy enough insurance to pay off a mortgage, a car, college education, and have enough left over for the end of life bills and funeral costs, leaving no financial burdens on the family.

However, as you age every year your monthly premiums rise and these higher insurance amounts may become too expensive for you after retirement age. We service retired clients at our location in Dorchester, MA area who want life insurance settling for just the cost of their funeral so that it leaves no financial burden on family members. Seldom there is little to nothing left to apply towards the end of life expenses such as medical bills.

An Urgent Call to Action

Life insurance financially takes care of those you leave behind. Death without life insurance can wipe out a family’s savings and finances for a long time to come. If you have no life insurance our agents in Dorchester, MA would like to talk with you about this vital life decision.

Give us a call today, at Vargas & Vargas Insurance , or stop by for a visit. Access our website for more information on life insurance, our many other available services, and the locations of our five available locations. Seeking information costs you nothing and is free with a no-obligation quote.

Understanding Homeowner's Insurance: What is Loss of Use Coverage? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 28 Apr 2020 11:00:00 GMT

As Massachusetts insurance agents, the best part of our day is helping first-time homebuyers get a home insurance policy. It’s an exciting and stressful time for young families, and Vargas & Vargas Insurance is here to help.

If this is your first time shopping for home insurance (or if you’ve been a homeowner for years but haven’t read your policy), then it might seem a little overwhelming. We’re here to explain some important points about your policy, and why it’s crucial to have a strong insurance policy in place. In this article, we’ll discuss Coverage D, Loss of Use .

What Is Loss of Use Coverage/Living Expense Coverage/Coverage D?

A strong home insurance policy will protect your investment from a covered loss, like fire.

Imagine your home was to burn down to the ground. If it’s a smoking pile of debris now, then you’ll need to rebuild your home from the ground up. Coverage D is there to pay for your living expenses elsewhere while you rebuild. It will cover things like:

Meals at restaurants
Hotel stays
Renting an apartment

All you need to do is let your claims adjuster know that you’re staying elsewhere and keep copies of all your receipts.

Loss of use coverage will also protect you if you suffer a partial loss . Examples would include:

The city’s sewer system overflows while you’re gone on a business trip overnight. You come home to a basement full of raw sewage. So you can’t stay in the home — it’s a health risk. Coverage D will pay for your hotel stay and meals.
Your neighbor’s house burns down completely, and one wall of your home is burnt and damaged. If you can’t stay in the home while a wall is replaced, then your coverage will pay for your living expenses somewhere else.

How Much Loss of Use Coverage Do I Have?

Loss of use coverage is based on a percentage of replacement cost (Coverage A). Most basic policies start at 10%. For example, a home valued at $200,000 replacement cost may have $20,000 coverage for loss of use. But every policy is unique, so talk with a licensed insurance agent to understand yours.

As a homeowner, you must understand which coverage you have and what each element does. Read your declarations page carefully, and give us a call at 617-409-0329 if you need a homeowners insurance quote today.

Does Your Renters Insurance Cover Your Side Hustle at Home? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 21 Apr 2020 11:00:00 GMT

A side hustle is an excellent option for most people to generate extra income. If you run a side hustle from your home, you may not have insurance to cover the business. Without proper insurance, you could find yourself at a loss if you get sued or if your property is damaged.

Renters Insurance

Your renters insurance policy covers an extensive range of property inside your home. It can help you recover laptops, computers, tablets, projectors, and printers after theft or damage. Sometimes, renters insurance can cover items you keep outside and use for deliveries such as a bicycle. In some cases, you can cover your side hustle by adding a rider to your current policy .

However, there are exceptions. Most renters insurance policies cover items you use at home and not for business. Some policies might not extend to cover items used outside the home. For example, if you are a photographer with expensive equipment that you use outside the house, a standard renters policy might not help you.

If your policy provider chooses to cover property that you use for business, the limit might be lower than one provided under a business policy. When the business item you want to include in your renters insurance is not part of your current contract, talk to your provider about an endorsement.

How to Know When Your Side Hustle Needs Insurance

When you are considering finding separate insurance for your side hustle, there are several questions you should ask yourself. Those include:

Do customers come to pick products from your home?
Do you handle critical and private information?
Do you handle people’s children or pets?
Could anyone get sick as a result of your business?
Would a lawsuit leave you broke?

Commercial Policies

Let’s face it, your side hustle may be safe for now, but there is no assurance. When tragedy strikes, you need to be prepared. Finding commercial insurance for your business will provide better coverage than your current policy. There are various commercial policies available depending on the risks of your business.

Looking for Insurance?

To find the right insurance cover for your side hustle, contact Vargas & Vargas Insurance today!

How to Protect Your Personal Assets When You're a Landlord | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 14 Apr 2020 11:00:00 GMT

Let’s say that you inherit or purchase a house and end up with two properties. At this point, you have some very big decisions to make. You can sell the extra home or use it as a rental property . Either choice can have immediate benefits, but with rental properties, you have risks as well. These risks may include lawsuits and claims for personal injuries or damages to your tenants. Therefore, before you decide to start your new job as a landlord, we suggest you prepare for the ‘what-ifs.’ You need to know how to protect your personal assets when you’re a landlord.

Understanding Your Risks as a Landlord

There are some things that you cannot be held liable for as a landlord. If your tenant suffers a personal injury while jumping on a trampoline that they brought on the property, you most likely will not be held accountable for it. This is especially true if you were unaware that they had a trampoline or you felt that they were grown up enough to play safely while on it.

The problem arises when you, as a landlord, know that there is a risk of danger to the property or the people who are renting from you. For instance, you may be held liable if:

You know that dangerous animals or pets are nearby.
You are aware of improper maintenance, water damages, or faulty wiring issues and fail to repair them.
You know that criminal activity in the area creates a risk for the personal safety of your tenants.
You are aware that the home is in violation of local laws or building codes.

As a property owner for a rental property, you have to fix the issues that you know are there. The shortlist above is only a few of the things that you could be held accountable for.

How to Protect Your Assets as a Landlord

To protect yourself, you must put effort into securing your personal property. This can be done in several ways . Some of the most common include:

1. Create an LLC for Your Business

The term LLC means that you are a limited liability company. Many homeowners don’t think about the fact that they are a business when they become a landlord, but it’s something to consider. LLCs give you protection from potential problems. The term LLC basically gives you a buffer so that a tenant cannot go after your personal assets — just the business’s assets.

2. Hiring a Skilled Property Management Company

When you have rental properties, you may not know all that you are responsible or accountable for. A property manager can help you sort through applicants, avoid fair housing violations, and more. They have a full understanding of what is involved and can help you ensure your property is operating legally in every way.

3. Limit Potential Areas of Liability

If you know that there is a particular risk involved with the property, do everything you can to lessen it. For instance, if you know there is a family of feral cats roaming near your property, contact animal control to help you catch them. Remember that storm last year? If there is any chance that it caused roof damage, have the roof inspected before you rent it out. The more prepared the property is, the safer you will be.

4. Protect Your Assets with Insurance Coverage

When you have a rental property, you need to protect yourself with proper insurance. The minimum protection for you should come from adding a rider or extension to your home insurance. It can help you cover the cost of something going wrong with your rental property. An umbrella policy may also be wise since it can protect you from possible lawsuits.

Along with this, it is important that you inform your tenants that your policy does not cover them. They should purchase their own insurance to protect their personal property.

If you would like more information on your options as a landlord and protecting what is yours, we are here for you. You can contact us anytime for a quote. Vargas & Vargas is also available via phone calls or text. If you need help during business hours, call us at 617-298-0655.

Paying for your insurance during COVID-19 Crisis | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 13 Apr 2020 16:11:00 GMT

Some of our insurance companies are offering leniency guidelines for the payment of premiums due to the COVID-19 virus. The premium leniency varies from company to company and not all carriers are offering assistance.

If you are in need of payment assistance or have any questions, please contact our office with an email to customerservice@vargasinsurance.com or by calling our office at 617-298-0655 and asking for a customer service representative to obtain details on your specific insurance company.

Or, Click here to access our online customer service center available 24 hours a day 7 days a week to view your insurance policies, print insurance ID cards, update your contact information, download documents, and so much more.

We recommend you contact us with any questions or concerns you may have regarding your policy with Vargas & Vargas Insurance.

Please remember that should you suffer an AFTER HOURS emergency that cannot wait until we open up for business, call our 24 hours 7 day a week emergency number: 617-322-5289.

We look forward to the day that we can open our doors and you can visit our offices.

Stay healthy, remember our elderly neighbors!

❤️

Carlos cvargas@vargasinsurance.com
www.vargasinsurance.com
617-298-0655

Home Insurance FAQ: Purchase Price vs. Replacement Cost | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 06 Apr 2020 18:26:00 GMT

Here at Vargas & Vargas Insurance, our goal as licensed insurance agents is to provide competitive homeowners insurance policies to Massachusetts families. Part of our job is educating first-time homebuyers and investors about how homeowners insurance works.

This article is going to address a home’s purchase price versus replacement cost as it pertains to insurance. We’re also going to answer two specific questions we get all the time:

Why am I insuring a home for replacement cost instead of the purchase price?
What is “dwelling replacement cost,” and how does it work?

Why Am I Insuring a Home for the Replacement Cost, Not the Purchase Price?

Homeowners insurance is designed to help you replace a home and its contents from the ground up in the event of a loss.

Imagine your home burns down to the ground. Homeowners insurance is there to rebuild that home completely and replace your belongings. Replacement cost is our best estimate of what it will take to rebuild that home, in your neighborhood, per square foot.

However, it’s important to know that the purchase price of a home is not equal to replacement cost . Purchase price includes the land the dwelling is sitting on, for example, which doesn’t need to be replaced after a fire.

What Is Dwelling Replacement Cost, and How Does It Work?

We figure every dwelling’s replacement cost individually with a formula: square footage by replacement price (sqft x rp) . Replacement price depends on factors like:

Your location
Current labor costs
The expense of materials like wood, brick, carpet, and roofing

As a result, dwelling replacement cost changes from time to time. We also consider:

Special enhancements like moldings, architectural finishes, columns and more
Fireplaces and stonework
Systems like central heat and air, central vacuuming, and sprinkler systems
Anything else special or unique about your home

In many cases (but not all), a home’s replacement cost is higher than the purchase price. This is good news for you as a buyer. If there is a total loss, you will come out financially ahead if you have a mortgage.

If you’re buying a home for the first time, congratulations! It’s a tremendous accomplishment. The staff at Vargas & Vargas Insurance is ready to help you get the homeowner’s insurance you need. Reach out to us today at 617-409-0329 for a homeowner’s insurance quote, and check out our blog for more great Massachusetts insurance topics.

Does Commercial Insurance Cover Storm Surge Damage? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 01 Apr 2020 15:33:00 GMT

People often get confused when referring to storm surge damage as opposed to flooding. Storm surge creates damages as a result of the force of the water pushing and pulling a structure, whereas flood damage occurs with inland flooding and standing water.

Storm Surge Damage

When it comes to storm surge damage, most commercial insurance policies directly cover this type of damage. Although the damage stems from water, it isn’t classified as flood damage. Anyone who lives near a coastline or waterway adjacent to an open body of water that experiences storms should make sure their commercial policy mentions this type of protection specifically to help prevent losses when a storm occurs.

Getting the Right Policy

Finding the right commercial insurance policy can be tricky, which is why it helps to use reputable insurance agents who have agents with insight and experience helping clients get the right coverages. Anyone who lives near the Dorchester, MA area, should sit down with an agent from Vargas & Vargas Insurance to find out what options are available and can help protect from threats such as storm surge damages. With an agent to assist you, losses and gaps can be minimized and you get greater peace of mind knowing that you are covered.

Don’t guess when it comes to selecting commercial insurance coverage that will protect property from storm surge damage. Call or stop by Vargas & Vargas Insurance, serving Dorchester, MA to find out what policy terms and conditions outline and how to find a policy that matches current and future needs. Agents are ready to help serve clients to give them ultimate protection.

CARE Act and Economic Injury Disaster Loan | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 31 Mar 2020 18:22:00 GMT

The CARES Act was signed into law today. The SBA Economic Injury Disaster Loan (EIDL) program has been accepting applications for about three weeks. The EIDL application is complicated and requires extensive information to be submitted both at the application stage and during the process of the loan request.

EIDL provides up to $2Million and rates are: 3.75% 30yrs PROFIT Businesses; 2.75% 30yrs NON-PROFIT Organizations

ALL business owners negatively impacted should immediately apply for EIDL assistance. You can find the application on SBA.gov and click on the amber-colored COVID-19 banner at the top of the page. Download the
application forms, complete and sign, and upload with accompanying documentation. Be thorough for the best chance of speed and success. ALSO: check off ONLY EIDL financing otherwise your application will be held up.

From our CPA James Henderson , “there are many solutions for business owners. Some are external. Like loans, SBA or otherwise, loan modifications, tax credits, grants and vendor/landlord accommodations. Some are internal, like expense management, cash flow projections/management, client revenue deferral, new service offerings, and staff lay-offs. This crisis times scream for a holistic coordinated/planned approach, rather than a knee-jerk “get a quick loan for cheap” approach”

“I have viewed many of the seminars regarding the SBA EIDL and CARES act financing, and have several clients engaged in the process. One thing that has come up over and over again is the necessary involvement of the business owner’s CPA valued advisor to get the right program in place depending on a client’s particular circumstance. There are payroll tax credits available for retaining your workforce. And with some deeper dive, probably a lot more.”

If you do not work with a CPA, our friends at Aurora Consulting are offering free advice and an affordable consulting fee if a business needs their direct assistance to collate the information and complete and submit the application to SBA. SBA allows a consulting fee up to $2500 maximum. Linda and Trevor have agreed that they will charge only $750.00 as their consulting fee to complete and submit an EIDL application. They will accept a $250.00 upfront payment with the balance due later at a date to be agreed upon by both parties. They don’t want to negatively impact your already-strangled cashflow and are willing to work with anyone who needs their assistance. Basic advice and guidance is free of charge.

They attended a webinar provided by the Governor of Connecticut, Ned Lamont, to discuss the basics of the CARES Act to provide assistance to business owners.

Here are highlights from the webinar with more to follow in another newsletter soon:

CARES Act website is not active yet

SBA.gov website does not yet have CARES Act information

Programs will not be available for a week or two

It is recommended to apply for BOTH EIDL and CARES Act financing. Get the applications in process. Once a determination is made for approval, you should then choose which of the two loans works best for your needs.

CARES Act Loans are basically an SBA 7a Loans up to $5MM, short term loans that will be converted to grants if you retain employees.

Employee Retention: this has been most actively discussed in the media and seems to be a priority of the CARES Act financing options. That leads to other questions about how to qualify and that aspect remains to be seen based on the soon-to-be-released CARES Act guidelines from SBA

RECORD KEEPING: Step up the quality of your record-keeping in terms of Employees and Operating Expenses. A mention was made that “forgiveness” of the loan will be decided after an interview and query for proof or Employee retention and that funds were used for Operating Expenses.

SBA does not yet have a timeline when the Lender guidelines will be available to follow for lending but there is an urgent priority within SBA to coalesce the information from the CARES Act and to get information to SBA Lenders

501C3 organizations are eligible under EIDL and CARES Act

500 employees or less

They are looking to access the Small Business Owners Guide for CARES Act which should be available tonight and we will share pertinent information with you in other email newsletter updates

Linda and Trevor have been fielding calls and queries from anxious business owners all week. They are doing their best to parse the information and get ACCURATE information to you. We strongly recommend you slow-down your decision-making. We’ve already seen some business owners making bad decisions to obtain capital out of desperation. We use the phrase “EVER-EVOLVING” to describe the lending atmosphere in general, and the emergency programs specifically.

Please contact Aurora Consulting and mention that you received this message from us, please SHARE this email with anyone you feel may find the information useful.

Please reply to this message should you have any additional questions!

Making an Informed Choice About Accessing the Cash Value of Your Life Insurance Policy | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 31 Mar 2020 11:00:00 GMT

It’s important that you’re well-informed before you access all or part of the cash value of your life insurance policy. After all, you took out the policy to provide for your survivors. That’s why the agents at Vargas & Vargas Insurance work hard to have the answers our clients are looking for. You need to know what impact accessing these funds could have on their future and your own.

Life Insurance Policies that Accrue Cash Value

Cash value life insurance policies are sometimes referred to as permanent life insurance policies. This category includes whole life, universal life, and variable life. One of the biggest differences between these policies and term life insurance is that the latter policies do not accumulate cash value.

Common Ways to Access Cash Value

Policy Loan

Benefits : The life insurance company may offer you a lower interest rate than you can get with a conventional bank loan or by taking a cash advance on your credit card. A policy loan does not qualify as taxable income. You’re typically not required to repay the money since you’ve basically borrowed your own funds.

Drawbacks: However, policy loan repayment is to your beneficiary’s advantage. After death, the insurer usually deducts the amount you borrowed and the accumulated interest from the death benefit.

Withdrawal

Benefits: When the amount withdrawn is not greater than the total of paid premiums, the withdrawal is not taxed. The rules governing a withdrawal depend on your policy. Some policies allow dollar-for-dollar withdrawals.

Drawbacks : With other policies, a withdrawal reduces the death benefit by an amount greater than what the policyholder withdrew. Withdrawals that exceed premiums paid are usually taxed.

Policy Surrender

Benefits: You’ll receive the policy’s cash value.

Drawbacks: Your insurer may charge a surrender fee. If you owe any debt from policy loans, the insurer also subtracts your debt from your cash value. Generally, the income from a policy surrender is taxable. Most importantly, you’re effectively canceling the policy. Your survivors will not receive a benefit from the policy.

We’ve provided this information as a general introduction to accessing the cash value in your life insurance policy. If you have specific questions about life insurance policies, contact our team for assistance.

What You Need to Know About the Keeping American Workers Paid and Employed Act | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 30 Mar 2020 14:42:00 GMT

The forced indefinite closure of many small businesses throughout the nation has caused many owners uncertainty about their ability to retain employees and successfully reopen following the COVID-19 pandemic. The Keeping American Workers Paid and Employed Act, which was passed on March 27, provides emergency funds to qualifying businesses with a maximum of 500 employees.

What Is the Keeping American Workers Paid and Employed Act?

The Keeping American Workers Paid and Employed Act is a $377 billion package of grants and loans intended to help keep small businesses across the nation functional during and after the COVID-19 pandemic. The Paycheck Protection Program, the largest section of the act, provides small businesses with loans that are to be used to continue paying employees while businesses are closed. These loans may be obtained immediately through over 800 SBA-certified banks and credit unions. Other aspects of the act include:

Entrepreneurial assistance.
Emergency EIDL grants.
Small business debt relief.

Paycheck Protection Program

Under the Keeping American Workers Paid and Employed Act, the Paycheck Protection Program will provide loans to qualifying small businesses. The amount can be as great as 250 percent of the business’s total monthly payroll. It provides temporary funds to cover employees’ salaries, tips, and benefits. In doing so, the act hopes to minimize the financial difficulties that both employees and the small business will face in the coming months.

Other Elements of the Keeping American Workers Paid and Employed Act

The act also includes several billion dollars in funds that may be used to grant immediate relief to qualifying businesses. This section allows for:

Up to $10,000 through the EIDL program.
The provision of counseling, training, and other services to struggling businesses.
The provision of sick leave.
Easier access to other loan programs.

Many small businesses will need to adjust how they handle their finances in the coming weeks and months in order to successfully reopen and stay open. However, the emergency funds provided by the Keeping American Workers Paid and Employed Act make it easier to pay bills and employees. By keeping employees paid throughout the pandemic, businesses keep their employees’ financial struggles to a minimum and increase their likelihood of returning instead of searching for new positions.

The Essential Insurance Checklist for Massachusetts Restaurants | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 24 Mar 2020 11:00:00 GMT

The Massachusetts restaurant industry is thriving , and you have invested substantial time and money into launching a successful eatery. It is important to protect your investment, but the dining industry poses certain risks that may not be covered by standard commercial property, general liability, or workers’ compensation insurance policies.

Restaurant entrepreneurs should be aware of several specialized coverages available to them:

Product Liability Coverage: The food-service industry demands rigorous health and safety standards . However, even with sound food-handling protocols, foodborne illness may strike and make guests ill. Also, cross-contamination in the kitchen may trigger allergic reactions in some diners. Product liability coverage can help insure against claims made by guests who become ill from eating at your restaurant.
Equipment Breakdown Insurance: Restaurant equipment can be expensive to own, lease, maintain, and repair. Unfortunately, this expensive equipment can break down or fail as a result of weather events or a power surge. Equipment breakdown insurance can help you cover out-of-pocket costs associated with certain instances of equipment failure.
Food Contamination Coverage: This insurance may protect against losses arising from spoilage resulting from mechanical or power failure.
Liquor Liability Insurance: If you serve alcohol, you should already maintain the liquor liability insurance required by Massachusetts law. However, you will want to check your limits and exclusions and make sure you are covered for both your on-site and catering activities.
Loss of Business Income Insurance: If your business is closed for any period of time because of property damage or severe weather, loss of business income insurance may help bridge gaps in income so you can meet your financial obligations.
Commercial Auto Insurance: You may need commercial auto insurance for company-owned vehicles like food trucks or catering vans that employees drive. If your employees use their personal vehicles to deliver food, you may require hired and non-owned auto insurance to protect against accidents caused by the employee in the course of his delivery duties.
Additional Coverage: Your restaurant likely has furniture, furnishings, and artwork, and you will want contents coverage to help pay the cost of replacing these items in the event of damage or destruction. If you lease the building in which your eatery operates, you may also need betterment coverage . This coverage provides protection against loss or damage to fixtures or improvements you have made to the space.

A restaurateur who owns her building will have different insurance needs than one who leases space in a food court. Similarly, a steakhouse that offers a selection of expensive wines may require different coverage than a deli that serves paper-wrapped sandwiches. Contact the local experts at Vargas & Vargas Insurance to ask about a customized insurance package that is suited to your specific needs.

Should I Buy Earthquake Coverage? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 17 Mar 2020 11:00:00 GMT

At Vargas & Vargas Insurance , our job is to provide the right insurance policies to protect your investment into your home and to protect your family and belongings. Today, we’re talking about earthquake insurance. Before we get any farther, we should point out that most dwelling policies don’t include earthquake coverage. In other words, if a huge 8.1-magnitude earthquake were to rumble through Massachusetts and toppled your home to rubble, you would not be covered with a standard homeowner’s policy.

Earthquake coverage is a rider that can be added to any home insurance policy . It’s worth the money if you ever experience a significant loss, and it’s certainly worth the peace of mind.

Does Massachusetts Experience Earthquakes?

Yes! According to the Northeast States Emergency Consortium (NESEC) , the state has felt 408 earthquakes over the last 450 years. That’s almost one per year on average. Earthquakes occurring in surrounding states, and even as far as Quebec, Canada, have been felt in Massachusetts, too.

Even though our earthquake history in recent years isn’t as scary as in other states like California, Massachusetts homeowners are always at risk of earthquake loss. Preparing for one now can protect your home later.

On Home Valuations and Earthquake Deductibles

Earthquake insurance is written based on the replacement cost of your home, not the purchase price or property tax valuation. In other words, your company will insure your home based on what it will cost to build a new home from the ground up, just like through your general homeowner’s policy.

However, deductibles work differently with earthquake insurance. You can choose your deductible to be 5%, 10%, 15%, 20%, or 25%. It’s vital that you understand these deductibles as they relate to a loss.

For example, let’s say your home replacement cost is $250,000. A 10% deductible is $25,000. Earthquake insurance won’t come into play for a small loss. If a small earthquake occurs and breaks all your dishes and some windows, the damage won’t be more than your deductible of $25,000. However, if your entire home were to turn to a pile of rubble, you’d be entitled to a check for $225,000.

Ultimately, the choice to insure your home against earthquake damage is entirely up to you. It’s an affordable addition to any homeowner policy, but it’s important to choose the right coverage for your specific property. Reach out to a licensed insurance agent at Vargas & Vargas Insurance today to learn more.

Coronavirus Update (Covid-19) | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 13 Mar 2020 19:34:00 GMT

The safety of our clients and team has always been our first priority. The #coronavirus (COVID-19) has likely had an impact on our personal and business lives, and we continue to monitor this evolving situation closely.

Vargas & Vargas Insurance is prepared to have our staff work from home and will follow all instructions set forth by federal and state authorities.

We will be able to provide the same service and customer care as we have in the past. However, the situation is very fluid and we trust you will understand if it takes a little longer than usual to respond to you. There are various ways to reach our team:

Via a call 617-298-0655
Via a text 617-409-0329
Via our service center, click here
Via our website, www.vargasinsurance.com
Via an email to customerservice@vargasinsurance.com
Or, Click here to access our online customer service center to view your insurance policies, print insurance ID cards, update your contact information, download documents, and so much more.

If you have traveled to China, Iran, South Korea, Italy, Japan, Hong Kong or have been in contact with someone who is ill because the incubation period for this virus is two weeks. Please refer to the CDC website or mass.gov as resources for any updates and refrain from any interactions with the public.

The best way to help yourself and others from spreading the virus is to practice good prevention methods.

1. Wash your hands frequently with soap and hot water for at least 20 seconds.
2. Use hand sanitizer when unable to wash your hands.
3. Sneeze and cough into your elbow, not your hands!
4. Avoid touching your face (eyes, nose, and mouth) with unwashed hands.
5. Stay home if you are feeling sick and avoid close contact with others who may be sick.
6. Clean and disinfect frequently touched objects (including cell phones).

If you are experiencing the above symptoms, please seek medical attention right away and call the healthcare facility ahead to let them know you are coming!

It is more important than ever to strengthen our social bonds. Seniors face particular health risk from this virus, yet taking precautions only reinforces social isolation. Please take the time to call, text, or send a message to your neighbors. Ask if any elderly friends or neighbors need help with grocery shopping. Remind them to stock up on prescriptions and to make provisions for child care in case they may need to seek treatment. Consider setting up a phone tree or email list for your block so that people can be in touch about what they need.

Stay healthy, wash those hands and let’s remember our neighbors!

How to Keep Your Home Safe From Burglary While on Vacation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 11 Mar 2020 12:03:00 GMT

When it’s time to pack up your suitcase and head out of a town for some much-needed R&R, the last thing you want to think about is your home’s security. In reality, however, burglars prey on houses that are obviously left unattended for extended periods of time. Taking a few simple steps before you leave town can ensure that your home and property remains intact while you are away, both from trespassers and home disasters .

Be Mindful on Social Media

You’d be surprised what people take note of on social media. Don’t publicize specifics about going out of town before or during your trip. Likewise, if you receive expensive gifts over the holidays and are soon leaving town, don’t post them on your account. Burglars look for easy targets like these.

Keep Valuables out of Sight

Close your blinds and curtains before you leave, so outsiders can’t see what’s inside. This won’t just prevent burglars from spotting valuables, such as electronics. It will also make it more difficult for them to view additional points of entry to break into.

Forward Mail and Packages

If you are expecting packages from online shopping or know your mailbox will be overflowing before your return, take the time to temporarily forward your mail to your work or a friend’s house. Packages left unattended on the front porch are not only at risk of being stolen. They are a sure sign that no one is home to retrieve them.

Have a Neighbor Watch Your Home

Ask a trusted neighbor or friend to stop by your home a few times throughout your trip. They can turn on the lights, move your car, or simply ensure that everything looks secure. Giving the impression that someone has been home is an effective deterrent to thieves.

Use Light Sensors and Timers

Installing timers and motion sensors on indoor and outdoor lights is an effective security strategy. It will make sure that anyone lurking around your yard or house is seen, as well as indicate to any potential burglars that someone might be home.

Don’t let your vacation end on a sour note by coming home to an empty or ransacked house. With these simple steps, you can reduce the risks of theft while you’re away. However, even the most cautious vacationers can experience a burglary or home invasion. Talk to our team today about the right home insurance coverage to give you more peace of mind.

Why You Should Buy Flood Insurance for Your Massachusetts Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 10 Mar 2020 11:00:00 GMT

Floods happen far more often than most people realize. In the United States, flooding is a factor in 90 percent of natural disasters . Unfortunately, home insurance policies do not cover flood-related losses. That’s a fact that some homeowners only find out after they’ve experienced property loss from a flood. At Vargas & Vargas Insurance, we’re here to help you protect your property before a flood .

Why You Need Flood Insurance in Massachusetts

Although properties on the Massachusetts coast have a higher flood risk, flood insurance isn’t just for people who live there. No matter what part of Massachusetts your house or condo is located in, you need flood insurance.

The National Flood Insurance Program (NFIP) has a popular adage that goes: “Where it can rain, it can flood.” It’s another way of saying every home is at risk of flooding. While your home may have a lower or higher risk than other properties, a home with no risk of a flood doesn’t exist.

In fact, flood insurance claims for properties in low-risk areas are commonplace. FEMA reports more than 1 in 5 NFIP claims are associated with properties that aren’t in the high-risk zones.

If your home is in a high-risk flood plain , you need to know what that risk level means in practical terms. According to the Massachusetts Division of Insurance, that risk level means you have a 26 percent risk of a flood damaging your property over the course of a 30-year mortgage.

Consider the town of Northampton in western Massachusetts. Many years ago, mid-March warming caused winter’s ice and snow to melt so rapidly that the Connecticut River overflowed to the extent that Northampton flooded . Today, Northampton officials are concerned that climate change could cause the town to flood again. Town officials are currently working diligently to prevent a repeat of that historic flooding. Homeowners should protect themselves for the risk of a flood in any season.

How to Get Flood Insurance

If climate change or another weather event brings flooding to your community, it’s important to be prepared. Flood insurance policies typically take 30 days to go into effect. Therefore, now is a good time to contact your local independent insurance agent to discuss your options for flood insurance coverage.

Do I Need Professional Liability or E&O Insurance in Massachusetts? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 03 Mar 2020 11:00:00 GMT

In a nutshell, Errors and Omissions (E&O) insurance is a professional liability insurance policy created to protect professionals, employers, and employees from claims of inadequate work or negligence. Here in Massachusetts , it’s a useful policy for professionals who work with contracts, finances, investments, and other risks.

In other words, if your organization could get sued for giving bad advice, or even making an honest mistake on paperwork, E&O insurance is for you. Choosing the right coverage can be complicated, so Vargas & Vargas is here to help.

Businesses That Should Have Professional Liability Insurance

Examples of organizations that should always have professional liability or errors and omissions insurance are:

Realtors and real estate agents
Insurance agents
Investment specialists and stockbrokers
Retirement planners
Funeral homes and funeral directors
CPAs and contracted bookkeepers
Homebuilders
Some businesses in the manufacturing sector
Medical professionals

How E&O Insurance Works

Let’s imagine you own a small retirement planning firm in Massachusetts. You have two fully licensed employees. During the flu season, you and one employee are both out sick for a whole week, leaving a single employee to run the office. She’s an excellent employee. You trust her, and so do your clients.

However, the workload is too much, and your good employee makes a few honest mistakes. She provides inaccurate projections to one family and accidentally gives them the wrong answers for what their whole life insurance policies will be worth in a year. Of course, she does this all via email, and your clients have proof of her statements.

All is well until next year when those customers come back to complain they were given the wrong information! They were expecting to have much better results from their investments. They get together and hire a lawyer to sue your business.

This is when your errors and omissions coverage comes into play. It will cover your court costs (up to the limits on the policy). If you need to hire a lawyer and end up paying the difference to these clients, E&O has you covered.

Does My Business Have Enough E&O Coverage?

You’ve worked hard, and your business is growing . Congratulations! It’s probably time to review all of your commercial policies, including your Business Owners Policy (BOP), commercial liability, and errors & omissions coverage. Get in touch with us today to speak with a Massachusetts licensed insurance agent. We’d love to review your policies and get you a free quote.

Home Insurance for Room Additions | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 01 Mar 2020 18:49:00 GMT

It is a good time to get a home insurance review when you begin planning a room addition to the home. Let your agent at Vargas & Vargas Insurance, serving Dorchester, MA and the surrounding area, know what you are planning so that there are no gaps in the home insurance coverage.

Your agent can also review the insurance coverage that is carried by the contractor you select to do the work. This is a good double-check to make sure the contractor is carrying adequate insurance and the insurance policies are active.

You want to think about replacement cost coverage if you do not already have it. The cost of construction keeps going up. If you only insure the home for its purchased value, you may not have enough money to rebuild the home if everything is lost. The vast majority of homes are underinsured. Don’t make this mistake. Having to come up with a large amount of money, when you are already experiencing a major disaster, is very difficult.

Home insurance, during the construction of the room addition, can be adjusted to cover the progress of the job. Make sure there is a discussion of where and how any building materials will be stored and who is responsible if they get stolen.

The contractor’s insurance should cover any workers; however, your home insurance needs to protect your family and any guests that come to visit. There are extras risks when a construction project is underway to those who are on the job site. In this case, the job site will be your home.

Contact your agent at Vargas & Vargas Insurance in Dorchester, MA to have a home insurance review and to make plans for the necessary home insurance upgrades that will provide adequate protection for your new room addition as well as your home.

Warning for Jewelry Owners: How to Avoid Fake Gem Lab Reports | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 27 Feb 2020 11:00:00 GMT

Near the end of 2019, the Accredited Gemologists Association (AGA) issued an alert to consumers and its industry. The AGA had learned fake gem lab reports are circulating that feature the unauthorized use of AGA’s logo. AGA’s notice is similar to an announcement the Asian Institute of Gemological Sciences issued in 2018, when that organization became aware of fraudulent lab reports bearing its logo. The following tips can help jewelry owners and consumers avoid fake gem lab reports.

1. An “AGA Lab Report” Is Always a Fake

Any report supposedly issued by the Accredited Gemologists Association or bears AGA’s logo is always a fraudulent report. The AGA is not a lab. The organization never issues gem lab reports.

2. Look Carefully at the Lab’s Name

Frequently, fraudulent labs try to confuse the public by using a name that’s very similar to the name of a respected laboratory. According to Jewelry Insurance Issues , a newsletter for the insurance industry, fake labs are using names such as GIE and GLA to mimic the name of the well-known and highly-respected GIA.

3. Research the Lab Report Number

Gem lab report numbers are checked easily online. Jewelry owners can enter the report number on the websites of trustworthy gem labs like the Gemological Institute of America (GIA), Gem Certification and Assurance Lab , and American Gem Society Lab. Researching the report number may reveal conclusions such as:

No such report number exists.
The number is associated with a report that describes a different gem.
Your report is authentic.

4. Learn Other Signs of a Fake Gem Lab Report

Reputable labs do not assign a value to the gem or carry a retailer’s logo. If either appears on the gem report, the report has not been issued by a reliable, independent gem lab.

The Takeaway

A gem lab report from an unreliable or nonexistent gem lab is completely worthless. Jewelry owners need to seek the services of a qualified gemologist who also has insurance appraisal training. The AGA maintains an online directory of accredited gemologists that can be sorted by state.

Your jewelry needs to be appraised to be properly insured at the right value. When you purchase new jewelry or receive jewelry as a gift, you should always notify your local independent insurance agent.

The Financial Benefits of Getting Life Insurance Earlier | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 25 Feb 2020 11:00:00 GMT

Young adults can save a significant amount of money by obtaining life insurance before they turn age 35. Yet, most young adults miss this opportunity. If you’re in your twenties or early thirties, it’s important to consider the financial advantages of getting life insurance now.

Your Total Lifetime Cost Is Lower

Age is the primary factor insurers use to determine the amount of your life insurance premium. Generally, the cost of life insurance increases with each year of age. For term life insurance policies, the premium remains the same for the duration of the policy. Someone who purchases term life insurance as a young adult could potentially pay thousands of dollars less than someone who buys the same coverage at an older age.

To illustrate this, let’s meet Robert and Matthew. Matthew is a healthy 30-year-old man. He purchases a 30-year term life insurance policy for $299 a year with a $250,000 benefit. His 40-year-old brother Robert is in good health, too, and he decides to get a policy with the same term and coverage amount. Robert pays a $442 a year.

Although they bought the same coverage, Matthew saves $4,290 because of his age. Also, since Matthew’s annual premium is lower, his youth would give him the advantage of paying less overall — even if he had a longer coverage period than Robert.

Good Health Has a Financial Benefit

Your health also has an impact on how much you’ll pay for life insurance premiums. Adults under age 36 are more likely to be in good health. It’s the period in your life when you’re least likely to have chronic health conditions like obesity, diabetes , or hypertension. Chronic illnesses raise the cost of life insurance.

In summary, as a young adult, you have a window to reap an incredible financial benefit by not waiting to get life insurance. Contact us today to learn more about our term life, whole life, and universal life insurance services.

Home Improvement Projects That Can Change Your Insurance Premiums | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 18 Feb 2020 11:00:00 GMT

If you’re updating your home, you may have to make updates to your home insurance policy, as well. When you increase the value of your home, such as by adding square footage or doing a major bathroom renovation, you need to make sure you don’t end up underinsured. Your current policy was designed to cover the cost of rebuilding, and it needs to reflect your home’s current value accurately.

Also, some home improvement projects can actually lower your premiums if they make you less likely to file a claim. By not upgrading your policy, you could miss out on these substantial savings.

Take a look at some home upgrades that will require modifying your insurance policy .

Home Improvement Projects That Increase the Value of Your Home

If you purchased your policy when you had laminate countertops and decided to upgrade to marble and high-end appliances, you added tens of thousands of dollars to your home’s value. But, if you don’t inform your insurance company, you’re left in a very vulnerable position if the worst happens and you need to file a claim. Purchasing more coverage protects the value of your home and ensures you get an adequate payout to replace any covered damage. The same is true for adding livable square footage by renovating a basement or building an addition.

If you add a pool, updating your insurance becomes crucial: swimming pools are a potential hazard . To have peace of mind, consider adding liability insurance included in your policy.

Upgrades That Can Lower Your Premiums

Your home insurance policy isn’t just calculated based on your home’s value. It also considers how likely you are to file a claim. Getting a new roof can help you qualify for a lower rate, especially if you have an older home. Roof damage from rain and snow is one of the biggest reasons that homeowners file a claim, and your roof is now better able to withstand extreme weather.

Upgrades to your security , such as a burglar alarm, are another potential investment that can lower your rate. Modernizing older heating, plumbing, or electrical systems can result in a discount if there’s less risk of fire or water damage.

At Vargas & Vargas Insurance , we’ll be glad to give you detailed guidance about the right policy for your current home’s value.

What Realtors Should Tell First-Time Homebuyers About Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 11 Feb 2020 11:00:00 GMT

As insurance agents, we get requests for quotes from first-time homebuyers all day long. It’s essential to remember that these folks aren’t insurance agents or realtors. They may not understand how home insurance works, what it covers, and why they need it. Many first time buyers will assume a home insurance policy is just like an auto policy.

Vargas & Vargas Insurance is here to help! With this blog, we’re going to cover a few concepts every agent should be reviewing with first-time homebuyers.

1. What Is Replacement Cost Value vs. Actual Cash Value, vs. Purchase Price

Most home insurance policies are written at Replacement Cost (RCV). It’s crucial to explain to new buyers that we’re insuring the home and its contents for what we estimate it will cost to replace the home with a brand new home and brand new contents on the same piece of property.

This is important because:

Many buyers assume we’re insuring a home for Actual Cash Value (ACV) — what the building is worth today, considering depreciation.
Buyers may not understand that the purchase price of the property does not equal the cost to replace the home completely.
The purchase price of a property and replacement cost of a home are not the same thing.

2. Are Their Vehicles Covered When Stored in Other Structures?

First-time buyers might think that their stored vehicles, which aren’t insured with an auto policy, will be covered by Other Structures coverage. This is not the case!

Vehicles need to be insured to have coverage.
The state minimums for auto liability coverage will not pay for the loss of a stored car if, for example, a detached garage were to burn down.

3. Will a Swimming Pool Change Their Rates?

Possibly. Swimming pools present a significant risk, even when they’re empty . New homebuyers should consider purchasing an umbrella policy if the home has a swimming pool.

4. Is Your Client’s $10,000 Diamond Engagement Ring Covered?

Generally, no. Most home insurance policies will set a specific limit on valuables like:

Jewelry
Furs
Cash
Musical instruments
Artwork

Ask your prospective client if they own these sorts of expensive items, and explain what the limits of coverage are. If your customers do have these sorts of belongings, often in the form of precious wedding jewelry, they probably need a Personal Articles Floater (PAF).

Be sure to put notes in their file, describing your conversation. At Vargas & Vargas, our goal as insurance agents is to be sure that customers have the protection they need so that they won’t face any surprises. Check out our blog for more great insurance topics, or get in touch with us today.

First-Time Homebuyer's Insurance Guide | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 04 Feb 2020 11:00:00 GMT

If you are purchasing your first home through a home loan, you will need to show proof of home insurance to your lenders before they can finalize the loan.

Since lenders do hold a lien on your property until you finish paying off your loan, having clients under home insurance is in their best interest. This can help protect the equity they have in your home in case of damages, such as electrical hazards .

While you might not always need to have insurance if you are paying your home through an unsecured line of credit or with cash, it pays to invest in it. Home insurance helps keep your home protected. When shopping for insurance, comparing prices and policies makes it easy to pick an insurance policy that covers your home optimally and is affordable enough.

Here are some insights on finding home insurance:

1. Pay Attention to the Limits

Home insurance coverage is divided into categories. Typically, any personal belongings you own will be covered under Coverage C of your insurance (personal property), and it pays to ensure that the limit will be enough to cater for what you own. However, some items, such as jewelry, will fall under a category containing a sub-limit, which tends to be set by your insurance company. If the sub-limit isn’t enough for such valuables, you have to add a rider for protection.

On the other hand, coverage E (liability) will protect your liability in case someone gets injured by accident in your property. When picking insurance, ensure that the liability limit awarded is enough to cover all your assets. Since most insurance policies set their liability limits at half a million dollars, you should consider buying umbrella insurance for extra coverage if this limit will not be enough for your property.

2. Understand Your Deductibles

Deductibles in insurance are the amount of cash you will pay out of pocket to cover any damages. When setting your deductible, choose a figure that is right into your budget. Unlike car insurance that fixes the deductible to a specific amount, home insurance deductibles might vary.

Some policies wills set your deductible at a percentage of your dwelling coverage. Others tend to have a split deductible system, whereby most claims will work under a set dollar deductible amount, while some claims (such as wind damage and other perils) may work under a percentage.

Also, some carriers might include a wind and storm deductible — or a named storm deductible — as a percentage of your dwelling coverage. To save on insurance costs , you can always increase your deductible. But it might be wise to save an amount equal to the deductible in a savings account for a rainy day.

3. Beware Of Exclusions

In some states, insurance agencies might exclude certain things from your policy. Under most policies, landslides, mudflows, and even earthquakes might be excluded. Flooding, in particular, isn’t always covered. For instance, in Massachusetts, earthquakes and floods are excluded. Even though you do not live in an earthquake or flood-prone area, it might be wise to purchase the extra coverage to eliminate the financial risks . If you think you need coverage for an excluded peril, talk to your agency about purchasing the ad hoc coverage.

The future is not set in stone. It can be very easy for a disaster to destroy your most prized investment: your home. Home insurance ensures that you can protect your investments. If you want to buy home insurance or get insights on how to save on insurance, feel free to contact us .

Things to Consider When Shopping for Classic Car Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Feb 2020 03:03:00 GMT

When it comes to classic cars, they are in a unique category for insurance. It needs to be protected if you want to drive it. It doesn’t matter whether it is a vehicle that you lovingly restored yourself or if you just enjoy the nostalgia of driving a classic around. Policies for classic cars differ from the policy you have on your primary vehicle. The insured value listed in the policy will be an agreed upon amount. Also, classic cars tend to increase in value whereas modern vehicles depreciate over time. In the Dorchester, MA, our agents at Vargas & Vargas Insurance can explain your policy options to get your vehicle covered.

In order for a vehicle to qualify for classic car insurance, there are several requirements. The owner must prove that the vehicle is not their primary car. They also need to show that it is driven only occasionally. For instance, traveling to car shows. When it is not on display, it has to be stored in an enclosed garage or storage building. Most consider these requirements relatively minor.

Other than that, class car insurance has traditional auto insurance features. You can et comprehensive and collision insurance. Some offer roadside assistance or a flatbed towing in an emergency. Special coverage options include auto show medical coverage and protection when the vehicle is displayed when you are not at the show.

Our agents at Vargas & Vargas Insurance in the Dorchester, MA area can help you get the coverage that you need for your classic car. Visit the website to get started then call or come by to talk with one of our agents. You wouldn’t trust your restored beauty to just anyone. Trust it with the classic car insurance experts. Come in today for the coverage of your classic car needs!

What's Included in Your House Payment? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 28 Jan 2020 11:00:00 GMT

If you’ve been looking at houses, you’ve probably seen real estate websites where the estimated monthly payment is shown. This is a great feature for breaking down the cost of a home that you will pay off in 15 or 30 years, and it can help you stay within your budget .

However, it doesn’t always show the whole picture. The estimated payment only factors in the cost of the loan for a traditional 30-year mortgage at the current interest rate. It does not include the other costs that are factored into a standard monthly house payment. Two additional costs include:

Property taxes
Homeowners insurance

Property Taxes

Just like everything else in life, having property is also taxed . When you take out a mortgage loan, the property taxes are calculated into your monthly loan payment and put into an escrow account. When your taxes become due, your mortgage company makes the payment for you.

The percentage of taxes you owe depends on where your property is located, and this can be checked prior to purchasing a home.

Although it may seem like a negative, having your taxes included in your monthly payment is actually a great way to stay organized. It takes away the burden of paying property taxes in one lump sum. Also, you don’t have to worry about whether you made the payment or not. (And if you love your home, you definitely don’t want to forget paying your property taxes!)

Homeowners Insurance

The other cost that goes into your monthly mortgage payment is homeowners insurance. It is standard for the insurance cost to be part of your mortgage payments, and mortgage lenders will often not loan you money if you do not have it. If anything should happen to your property, the lenders want to make sure that they can recover their costs. However, having the right home insurance policy isn’t just for them — it’s for you. You’ll want to be protected in case your home is damaged, and the right homeowners insurance policy can give you peace of mind.

You get to pick out the home insurance policy that works for you, and you should have it ready at the time of your closing. Here at Vargas and Vargas Insurance, we can guide you through the process. Contact us today for more information.

The Difference Between Condominium Insurance and Home Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 21 Jan 2020 11:00:00 GMT

Insurance is vital, regardless of whether you own a home or a condo . It can help offset damages to your property, so you don’t have to worry about paying for those damages out of your pocket.

However, the type of insurance you choose will dictate how any damages to your property will be handled. While both home and condo insurance might cover your property, there are some subtle differences between the two. Here is how home and condo insurance differ:

Condo Insurance

Condo insurance covers any non-communal property that you use as a property owner. Ideally, it should cover certain ‘walls-in’ losses, replacements, and repairs, as well as your personal property. For any damages that happen outside your unit walls, the condo association’s master insurance policy should offset them. But you should always verify the details before you purchase a condo or change your insurance policy.

Condo insurance also comes with loss assessment coverage. In situations where the condo association levies condo damage fees on all unit owners, this will cover the ad hoc fees. Condo associations will typically do this if the cost of offsetting damages to the communal assets is more than what their master insurance policy covers.

Home Insurance

Traditional home insurance tends to be for single-family dwellings, and it can be as simple or complex as mortgage lenders allow it to be. It should cover your entire home structure, including construction materials and other permanent elements. Most insurance policies also cover any personal property that is valued at 50% or greater of the insured home itself. The insurance can also cover other structures within the vicinity, such as detached garages and sheds.

Filing Claims

Filing claims is typically easy for home insurance, as it can be made directly with the insurers. On the flip side, there are some complexities in filing claims through condo insurance , and the specifics will depend on the situation.

For instance, the condo association insurance should take care of water damages as long as they are as a result of burst pipes outside your condo walls. Your condo insurance will, however, take care of damages arising from burst kitchen sink pipes, as they are within the unit’s walls.

Insurance policies tend to have rules that property owners have to adhere to for an easy claiming process. Regardless of the insurance policy you have, it pays to follow these rules. Be sure to read through the fine print of your insurance policy documents to choose the right coverage. If you have any questions about condo insurance or you’re looking for a new policy, we’re here to help. Contact us online or at 617-298-0655 to talk to our team.

Don't Let Your Car Insurance Get Canceled | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 14 Jan 2020 11:00:00 GMT

Car insurance is something that we have to have if we legally want to be able to drive our automobile. However, we have all been in situations where we forget to pay for it. Car insurance is something we know we need, but it often falls through the cracks. We either have it or we don’t, but most people generally don’t think about it.

Did you forget it, or were you out of town and fail to see the “due by” notices? Maybe you moved, and the notice got lost in a moving box. Either way, it can be a frustrating mess. But don’t just let your coverage lapse. Here’s what you can do instead.

The Right Way to Handle Car Insurance Cancellations

In Massachusetts, a car insurance provider has the right to cancel your car insurance for lack of payment. However, they will send you a warning ahead of cancellation. Insurance providers are obligated to give you a notice 20 days in advance of the cancellation.

This means if you fail to pay by December 1, they can send out a notice giving you until the 21st of December. Failure to pay by the 21st will mean that your policy ends and you are no longer covered.

If you are unable to pay and wish to avoid cancellation, there are a few things you can do. They include:

Contacting your insurance provider
Asking for a negotiation to keep your policy active
Providing proof of why you lapsed in payment (for example, in the event of a hospital stay or a family emergency)

Often, if you talk to your insurance representative, you can get your coverage reinstated if you show good cause. Otherwise, you can appeal through the Board of Appeals .

What If I Want to Just Cancel My Policy?

Once you receive a cancellation notice, it can be tempting to just let it happen and search for new coverage. But you should never allow your policy to lapse. There’s a right way and a wrong way to cancel a policy that you no longer want.

The Right Way : If you want to improve your coverage by switching to a new company or policy , you are legally able to do it. There may be a penalty for canceling mid-policy, but it is still better to avoid the company canceling. Contact your insurance provider and explain to them why you want to cancel and ask about the penalty cost for doing so. You can also choose to cancel as your policy ends, especially if you are just changing companies.
The Wrong Way : Simply allowing your insurance company to cancel your policy may come with some pretty nasty consequences. Your insurance providers are obligated to tell the Massachusetts Registry of Motor Vehicles (RMV) if your policy lapses, which could result in you losing your license. If you are caught driving without insurance coverage, you could face fines and more. It is topped off by the fact that a lapse will impact your credit rating .

Plan Before You Cancel

Canceling a policy should never be done without thought . If you are switching companies, look at your current provider’s penalties for canceling an existing policy. You may also consider having your new insurance company talk to your current provider to resolve the issue. This will prevent cancellation penalties and ensure a gap-free transition.

If you are considering changing your insurance policy, Vargas & Vargas Insurance is here to help. You can contact us or request a free quote.

Update Your Policy After Home Improvements | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 07 Jan 2020 11:00:00 GMT

Home improvements can change more than your home. The truth is, even a kitchen upgrade can increase your home’s efficiency, value, and more. That means you need to consider how the increase in value can impact your home insurance policy . Not considering it can make it impossible for you to get everything you deserve if you file a claim. It can also mean you pay more than you have to for insurance coverage. Why risk it?

What Home Improvements Require Changes to Home Insurance?

Let’s say that, within the past few years, you have invested money into your home to upgrade your kitchen, home office, and your roof. You may not think about them being a total cost, but each improvement adds up. It is easy to spend over $100,000 on improvements.

This amount, whether the work was done recently or over the last ten years, means that you should reconsider your insurance policy. Some improvements may increase your policy cost, but others may lower it drastically.

Improvements That Make a Difference

To help you see how certain things can raise or lower your home’s value according to your insurance, you have to look at the premium you pay. Most home improvements will lower the cost of your premium, but it is always best to be covered. Home improvements that reduce the risk of claims, for example, can lower your premium.

Improvements That Can Lower Home Insurance Premiums

New Roof
New Security System
Generators
Reducing Fire Hazards (Replacing Old Wiring or Wood Heaters)
Updates to Plumbing

Improvements That Can Increase Home Insurance Premiums

New Pool
Home Additions or Decks
Kitchen Remodels (May Raise or Lower Premiums)

This list is not all-inclusive. Your insurance company can tell you what other updates and renovations may save you money on your home insurance premium.

Why Risk Paying More?

Many people wonder why they should pay more for homeowners insurance if they have already paid to renovate their home. The answer to this is simple. If you upgrade your kitchen with granite countertops, all new appliances, and more, what happens if a tree falls on your roof? You risk losing your improvements because nothing is documented as it should be.

Your insurance company will only cover the cost of what your home was valued at when you purchased insurance. If you have no record of the renovations, you lose out on being able to collect money from your investment.

With other additions, such as a pool, you may need to add insurance coverage to ensure you are not liable for accidents. This would mean the addition of umbrella insurance , but it could save you a lot of money if something unfortunate happens.

In life, there are no guarantees. Vargas & Vargas Insurance can help you decide what type of home improvements require you to make changes to your home insurance policy. No matter how long ago or how soon you plan to remodel, we’re here to help.

4 Reasons Your Home Insurance Premium Increases. Number 2 Will SHOCK YOU! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 31 Dec 2019 11:00:00 GMT

There comes that time of year when your Homeowner’s Insurance Renewal arrives in the mail. You’re happily buzzing through your day when you read the bad news: your premium is increasing!

Panic sets in, then a fair amount of anger, and possibly a bit of anxiety.

Whether your insurance is included in your mortgage payment through an escrow account , or you pay it separately on your own, panic sets in because you know this increase will impact your household budget.

Anger arises due to the unfairness of this rate increase.
“How dare they!” “Why are they doing this to me?”

The anxiety is the worst part, but also the possible best part of your response to the premium increase. Anxiety emerges because you truly don’t know why, nor do you understand, why your insurance carrier would increase your premium in such a seemingly arbitrary way. But that same anxiety can fuel your desire to learn the answer to that question, and then to drive you forward to take action and seek a favorable resolution.

Here are 4 reasons why your Insurance Carrier might increase your Homeowner’s Insurance Premium; the second one will knock you out of your chair!

Claims . Have you had a claim in the past twelve months? This is one of the most common reasons for a premium increase. But this doesn’t always have to be so! First, query your Insurance Carrier to determine if there are actions you can take to resolve the issue around the claim. For example, if the claim was due to a burglary, maybe installing a quality security system can relieve the premium-increase-pressure. If that doesn’t work, calling your Independent Insurance Agent is a great solution! Your Agent can either advocate on your behalf with your current Insurance Carrier, or, find another Homeowner’s policy at a lower rate.
Credit Score . Insurance Carriers use a specific “Insurance Score” to predict the likelihood of a future claim. The Insurance Score is different than your Credit Score , but uses similar methodology to create a score based on multiple data points. Generally speaking, if you have good credit, then you’ll have a good Insurance Score. But the Insurance Score is out of your control unlike your consumer credit score. With a consumer score, in the event of an error on your credit report that impacts your score, Federal Regulations permit you to dispute the error and work on restoring your good score. Your Insurance Score, on the other hand, is an unknown to the consumer. To prevent arriving at a lower Insurance Score, monitoring and maintaining your consumer Credit Score is important. Find out more at the Federal Trade Commission website here .
Construction Costs . Your Homeowners Insurance coverage is based on a calculation to repair or rebuild your home in the event of damage or disaster. Therefore, the costs of materials and labor specific to your area can impact the calculation of those repair/rebuild costs. If your local construction costs have increased due to market conditions, then it is a good likelihood your Insurance Premium can increase also. The good news is that your Independent Insurance Agent can review your entire policy. We recommend a Twice-Yearly Review to determine if there are other areas of your policy where you can derive savings to offset any such increase in your annual premium.
One of the most popular reasons for a rate increase is…..drum roll: “ State Filed Rate Increase “ . The insurance carrier will file a request with the state to allow for an increase on their policies that affect all policyholders. The only way around this is to call your independent insurance agent so they can shop other carriers who are competitive. Even after a filed rate increase, most insurance companies will eventually revamp their product portfolio to be more competitive. It’s basically a vicious circle.

Bottom Line: Reduce your anger, panic, and anxiety from an increase in your insurance premium by contacting your Independent Insurance Agent for the best and most expert guidance.

Contact our team at Vargas & Vargas Insurance to learn more about the benefits reviewing your insurance portfolio and what other options you have to reduce this emotional event.

Things home insurance doesn’t cover | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 31 Dec 2019 03:41:00 GMT

Buying a home in Dorchester, MA is something that many people aspire to. Once you have purchased your home, making sure that it is safe and protected becomes a top priority. When you have a mortgage, you are required to carry home insurance. This may give you a false sense of security. You may think that you are protected against everything that could happen to your home. but you would be incorrect. At Vargas & Vargas Insurance we would like to talk to you about additional coverage that you may want to consider for the things that home insurance doesn’t cover.

Flood

Floods are not covered under a typical home insurance policy. Since floods cause millions of dollars of damage every year you would think that it would be included in home coverage but you would be wrong. You need to purchase an additional policy specifically for floods in order to be protected and with the rising water around the world, more and more areas are in danger from floods.

Earthquake/sinkholes

Earthquakes and almost any sort of earth movement ( including sinkholes and mudslides) are not typically covered on a home insurance policy. If it is something that you need coverage for, you should choose a company that offers it as additional coverage.

Sewer backup

You may not have considered this possibility but the potential for a sewer backup doing a lot of damage to your home is always there. It doesn’t matter what type of sewer system you have, you will need to have additional coverage to be protected.

At Vargas & Vargas Insurance we believe that having a home insurance policy offers you a lot of valuable protection but we do understand that a basic home policy does not cover everything that can happen. We would like to discuss your Dorchester, MA home insurance needs with you. Stop by our office or give us a call to set up an appointment so that we can find a policy to offer you the peace of mind you deserve.

Is Twice Yearly Too Often? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 24 Dec 2019 11:00:00 GMT

It’s often said that “ insurance is boring .” This notion probably leads many consumers to avoid communicating with their Independent Insurance Agent unless absolutely necessary.

Three “ absolutely necessary ” moments come immediately to mind:

Increased Premium notification
Notice to cancel
A Claim

While you can only minimize your chances of ever having to make a claim on your insurance policy with smart, proactive and risk-aversion thinking, you can eliminate the first two instances of speaking with with your Agent.

The simple way to cancel out these two dreaded tasks is to speak with your Independent Insurance Agent twice a year. You might think you can cut that down to only once a year, around the time of your renewal period coming up. But twice annually is truly the ideal scenario to deal with this otherwise “boring” task.

Checking in with your Agent in advance of renewal time allows you both to update each other on developments.

For your part, you get to share news of:
* the new job
* the new child
* the vacation you’re planning
* the new jewelry or artwork
* the new addition to your home you’re planning.

Your Agent may find this information fascinating and entertaining, but, more importantly your Agent can react to your news with important information on how these wonderful developments can affect your overall insurance plan. And that call becomes worth its weight in gold. Because your Agent can then review your current policies for how those policies cover your new life developments.

If there are any challenges encountered therein, the kind that could affect a premium at renewal time, or worse, offer the carrier an opportunity to cancel the policy, your Agent has the chance to get out in front of the problem.

While you’re busy sharing wonderful developments, your Agent can also update you on any developments in the insurance realm that can either affect your current policies in a negative fashion (again, anticipating problems before they arise at renewal time), or potentially save you money by changing the coverages, policies, or even insurance carriers.

It’s not boring when you’re saving money and improving your insurance coverage. Make that call to your Independent Insurance Agent.
Twice. Every year.

Please schedule a call with us to discuss your policy portfolio to ensure you have adequate coverage at an affordable price.

Invite Your Neighbors to The Party | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 17 Dec 2019 11:00:00 GMT

Do you know the old advice about throwing a party when you’re the new kid in town? Yes, it’s housewarming time and you’re so happy and you invite all your friends over to celebrate. But you don’t want to annoy your new neighbors, do you? It’s no good getting on the bad side of your neighbors when you’re the newbie on the street/floor.

The old advice about just such a moment is to invite those very same neighbors! That’s right, don’t just invite your friends, invite the neighbors, the people who aren’t your friends. (Hopefully some day they will be, but that’s another story altogether)

The idea behind this wisdom is that, if your party gets a little loud, your neighbors can’t possibly complain to you by banging on your door, or, worse, by calling the police. How can they complain about your party when you invited them in the first place? They could easily have accepted your invitation, and could just as easily be enjoying themselves with all the other revelers and getting to know you, their new neighbor too.

Take that advice a step further when you’re going to get some serious construction or landscaping work done on your home. Invite the neighbors, in a manner of speaking.

Let’s say you hired a tree company to come in and remove several large trees. You know the crew is going to arrive early in the morning. And you know it’s going to get loud out there very quickly, between chainsaws, falling trees, workers yelling, and, oh, the wood chipper blasting!

Why leave it to chance that your neighbors are going to be annoyed by this early morning noise? Let them know in advance about the work, either with a notecard you leave on their door, or a nice letter in the mail, or by knocking on the door, and introducing yourself. You might even invite them to stop by for a cup of coffee to watch the trees come down!

There’s a lot to be said about tranquility in your neighborhood, and this is a great way to promote that, and make some new friends in the process. So, when you’re getting major repair work or landscaping work done at your house, invite the neighbors!

When was the last time you reviewed your insurance portfolio. Please schedule a call with us to discuss your policies.

Keep Your Homeowner Policy Safe | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 10 Dec 2019 11:00:00 GMT

Dangers are abound in even the simplest of repair situations, so steer clear of the contractor’s work zone.

When you hire the right contractor to do repairs or renovations or maintenance at your home, you want to maintain a respectful distance from their work area.

The contractor has been trained and, through long experience, knows how to maintain a safe work zone for themselves. When you intrude across the boundaries of that zone, you introduce an unexpected variable in the contractors work process.

And that is when it can get messy. Be prudent when you’re hiring a contractor. How?

Request evidence of insurance.

Speaking of safety and experience, don’t forget to collect the necessary certificates of insurance from your contractors. If anything happens on your property, you don’t want to give anyone any reason to abnegate responsibility to seek remedy for their injuries under YOUR homeowners insurance policy.

Yes, you read that right.

If your state doesn’t require Workers Compensation coverage, the Homeowners policy could apply to cover lawsuits filed by an injured worker or to pay for medical expenses incurred if they don’t file a lawsuit.

While the work area may appear to you to be perfectly safe, it is after all, your house and you know your house better than anyone, you still cannot anticipate hazards known all too well to the contractor through their possible training and experience.

Respect the contractors’ work zone and, if you have a coffee or other tasty treats to share, let the contractor know where you’ve placed it easily accessible in your kitchen. Then the contractor can enter the work zone and you can be comfortable the premises are safe.

Please schedule a call with us to discuss the very complicated process of your homeowners policy being exposed compared to the contractors’ workers compensation policy.

You want to ensure that your homeowners policy is updated and accurate to protect you in the event hired workers do not provide proof of insurance.

To Escrow or Not To Escrow? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 03 Dec 2019 11:00:00 GMT

Many Homeowners have an escrow account for their mortgage payment. The purpose of the escrow account is to maintain a balance of funds the mortgage lender uses to pay bills on behalf of the Homeowner such as property taxes and insurance.

Many other Homeowners do not have an escrow account, even if they have a mortgage; they pay their own taxes and insurance directly.

Not every mortgage program requires that a Homeowner maintain an escrow account. The general rules are the following for an escrow requirement:

Down payment less than 25% at time of purchase
Government Insured mortgage (FHA, VA), regardless of down payment at time of purchase

If your mortgage is not a Government-insured mortgage, and your down payment is less than 25% you still have the option to request a “waiver” of the escrow account requirement. Sometimes a lender will charge a premium—usually in the points paid—to waive the escrow requirement.

There is one primary benefit to having your property taxes and insurance included in an escrow account. This is the monthly budgeting benefit. Since the taxes and insurance escrow is included in your mortgage payment, then the mortgage payment is the only budget item you need to plan for.

But there’s an important negative aspect to an escrow account. The “set it and forget it” mentality that can easily set in. That is, since your Homeowner’s insurance is included in your mortgage, many Homeowners not only forget to review their insurance on an annual basis to determine savings on premiums, but these same Homeowners often have no idea of the amount of their annual insurance premium, including when the premium increases.

If you have the opportunity to remove at least your Homeowners Insurance from your escrow account, you should do so. This control allows you to discuss your insurance twice every year with your Independent Insurance Agent to lower your premiums and to take advantage of any developments that can improve the quality of your insurance coverage.

The process to remove your Homeowners Insurance from your escrow account can be difficult but is worth the effort. Contact your mortgage servicing lender today to find out if this option is available to you.

Three unique factors regarding classic auto insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 02 Dec 2019 22:31:00 GMT

Standard auto insurance isn’t typically enough for those who own a classic automobile. Such an automobile tends to be more valuable while also holding a lot of emotional value for the vehicle owner.

There are numerous factors that make classic auto insurance unique from standard auto insurance. The following are three unique factors:

Classic auto insurance usually reimburses for the full or “guaranteed” value of the vehicle in the event of a total loss.

A standard auto insurance policy won’t necessarily cover a vehicle for its total value in the event that it is completely destroyed in an accident. On the other hand, a typical classic auto insurance policy will usually cover the vehicle for its full, guaranteed value. This value is usually mutually agreed upon by the vehicle owner and the insurance company at the time that the policy is purchased

A classic car insurance policy typically covers a vehicle that is between 19 and 24 years old.

With most insurance providers, a vehicle that falls in between 19 and 24 years old should be covered under a classic auto insurance policy. On the other hand, an older vehicle would be covered under a policy specifically designated as an “antique” auto insurance policy.

Another common type of auto insurance policy for collectors is the modified car insurance policy. This is used for vehicles that have been heavily altered by the owner in terms of their engine, chassis, interior, or another factor.

Additional features included in classic auto insurance include Auto Show Medical Reimbursement and No Attendance Required features.

There are numerous unique options available for classic auto insurance. Two examples are auto show medical reimbursement and no attendance required features.

Auto show medical reimbursement provides coverage for damages when an accident is caused by a vehicle in the events of an auto show. No attendance required means that the policy will cover damages even when the vehicle owned isn’t present when the accident occurs.

If you are looking for a classic auto insurance policy for your vehicle, contact us at Vargas & Vargas Insurance to learn more about the policies we offer for vehicle owners in Dorchester, MA.

Lower Mills Holiday | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 01 Dec 2019 15:53:00 GMT

Holiday Travel Turmoil | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 26 Nov 2019 11:00:00 GMT

This week marks the busiest travel holiday of the year. Historically, the statistics prove that millions are driving and flying this week to celebrate with loved ones for this upcoming Thanksgiving holiday.

With this busy travel season comes delays and frustration. If it’s not the weather, then it’s crowded airlines, bus terminals and congested highways. If that doesn’t promote stress, I’m not sure what does. In fact,

Depending on where you are located and to where you are traveling, you could be facing inclement weather such as snow, freezing rain, and sleet creating slippery roads. And even if the dangerous, delaying weather isn’t where you’re located, it could be brewing at your destination location. Or, if you’re flying, then bad weather elsewhere in the country can affect your flight departures/arrivals, even in sunny climes.

Many are used to traveling and many are used to purchasing insurance. When was the last time you considered purchasing travel insurance. Yes, it’s a thing and it has saved clients hundreds and thousands of dollars from canceled and upended travel plans.

Depending on the type of policy, travel Insurance may cover accident and sickness medical expenses, emergency medical evacuation/repatriation, trip delays, cancellation, interruption, missed connections due to severe weather and a host of other reasons beyond the traveler’s control.

During this busy travel season, reduce your stress. Take control of something within your control: minimizing lost costs of what would have otherwise been a joyful trip.

It should be noted that one of the drawbacks is you must plan your travel insurance protection ahead. Many travel insurance carriers, depending on the type of coverage they offer, must booked at the time the trip is booked.

Call us today to review how your travel plans can be saved.

How to Protect Your Packages | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 21 Nov 2019 19:46:00 GMT

Most renters insurance policies cover replacement items everywhere, not just at your home. This includes items stolen off your porch or in front of your door. It also covers your laptop if your friend douses it in a latte at the coffee bar. It will even cover luggage that you may have lost on vacation.

However, one thing to consider is the deductible. Some deductibles are either $500.00 or $1,000.00. Since a renter has to pay the deductible, is it even worth filing a claim? If it was a $1,200.00 laptop or television, then it’s worth your time and the cost of the deductible. But if it was a $30.00 child’s toy, it may not be worth your time.

What Steps Should You Take If Something Is Stolen from Your Porch?

Research shows that over 25 million people have packages stolen every year . The majority of carriers have a package tracking system, so you can determine if it was stolen or just delayed. Along with renters insurance, you can use company claims policies to protect both your large and small deliveries. Each carrier has different rules:

United States Postal Service

USPS makes you wait seven days to file a claim. They need to know the sender and recipient addresses, tracking number, package dimensions, and a description of the package’s contents.

Always remember to insure the package. Without this step, the only thing you get back is the cost of the shipping.

FedEx

FedEx lets you or the seller file a claim . They typically cover up to the lesser of $100.00 of the total shipment value or the total amount that you insured it for. FedEx processes claims quickly, so you should receive a payment within a week of filing.

United Parcel Service (UPS)

UPS also has a claim process for lost packages . UPS has online procedures for both lost and damaged packages. You can begin the filing process if you don’t have your package within 24 hours of the anticipated delivery time.

Amazon

Amazon’s A to Z Guarantee for Buyers covers up to $2,500.00 of the purchase price. First, you must contact the seller for a refund. If they are unwilling to work with you, then you can file a claim. However, you must file the claim between 15 and 90 days from the purchase date. If the claim is accepted, you can get a full refund up to the 2,500.00 limit.

If you frequently have packages delivered to your apartment or rented home, or you’re worried about your belongings, renters insurance can help. Contact our team at Vargas & Vargas Insurance to learn more about the benefits of a renters insurance policy from a local service provider.

Boston in No Stranger to Fire | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 19 Nov 2019 11:00:00 GMT

The city of Boston has been destroyed by large blazes multiple times. The first devastation of fire occurred in 1631 ; just one year after Boston was officially established.

Here are a few tips to keep you from having to file a fire damage claim on your home insurance.

The first thing you should cement in your mind is to never leave a flame burning where it cannot be seen. Enjoying an aromatherapy session with some scented candles? Even if you need to leave the room for just a moment, blow them out. You never know if something will delay or distract you from returning immediately.

Keep pets, especially agile cats, away from lit candles, scented oil burners, and other open flames. They could bump or knock over the materials, causing a fire that could have been avoided. On the same train of thought, teach your children proper fire safety. Flames and the resulting smoke can be very dangerous.

In case a fire does occur, despite your best efforts to handle flames safely, make sure you have up to date insurance in Boston, MA. Boston boasts median home values above $100,000.

Without coverage, how would you repair or rebuild your home after a fire ravaged your property? Avoid this potential financial burden by requesting a free insurance estimate today and putting your coverage in place.

With Vargas & Vargas Insurance, you can get the coverage you need for your home. Click here to contact us today for more information!

How to Prevent Frozen Pipes | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 13 Nov 2019 00:01:00 GMT

Fall may be in full swing, but for Northeasterners, winter weather is already here. This puts homeowners on high alert as lengthy periods of sub-freezing temperatures means an increased risk of pipes freezing and bursting. Damaged pipes are not merely an inconvenience. They can cause serious damage to a home’s integrity. Fortunately, preparing your house for icy weather can prevent these unfortunate scenarios from occurring. Reducing the risk of frozen pipes is just one of the ways to keep your home ready for winter .

Why Are Frozen Pipes Dangerous?

Water expands when it freezes. This puts excess pressure on pipes and can cause them to crack or burst. Preventing pipes from freezing in the first place will keep your pipes intact and protect your home from damage.

How Can You Prevent Pipes From Freezing?

Prevention is the first step. Take these steps to reduce the risk of frozen pipes inside your house and frozen exterior pipes:

Turn off all outside water sources.
Keep your house warm. Program your thermostat and leave it at the same temperature day and night, even when you leave.
Open the cabinets in the bathroom and kitchen to allow warm air to circulate around the piping.
Keep your garage doors closed. Cold drafts and wind increase the likelihood of pipes freezing.
When the weather gets exceptionally cold, let water drip from the faucet. This can relieve pressure in the pipes and keep the water moving.
If you won’t be home for a long period of time, turn off the water supply line to your washing machine.
Cover pipes with insulation or other products meant to insulate them.
Have a friend walk through your home regularly if you will be away for an extended period of time.
Clearly label the water supply line so you can easily identify it later. This can help you turn it off quickly if an emergency ensues and it needs to be turned off.

What Should You Do If Your Pipes Freeze?

If your pipes freeze, there are several steps you can take to minimize the resulting damage. These steps include:

Keep the faucet open. As the ice starts to melt, the flowing water will help the rest of the ice melt.
With a space heater, heating pad, or heated towels, apply warmth to the frozen length of the pipe.
Never use an open flame, such as a blow torch or propane stove, in an attempt to warm the pipes.

If you do experience damage to your home due to a frozen or burst pipe, rest assured that our team at Vargas & Vargas Insurance will be on hand to assist you. Contact us today to learn more about our policies or for help protecting your home.

Our society is enthralled with the concept of "DIY." | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 12 Nov 2019 11:00:00 GMT

Our society has become enthralled with the concept of “do it yourself” or “DIY.” So much so that entire industries have grown up around the idea that anyone, anywhere, with access to tools, materials and knowledge, can do just about anything they set their mind to.

This DIY mentality extends to our home. Repairs, renovations and other home improvement projects abound in this mindset.

The traditional craft of repair and renovation has been upended with this modern consumer concept. Imagine you’re an electrician and you’ve entered a Big Box Home Hardware store. As you walk down the aisle filled from floor to ceiling with electrical supplies of all types, you see a person standing in front of a display of electrical outlets. This person clearly is not an electrician, and clearly is struggling with the selection of the appropriate outlet which you’re pretty sure they’re going to attempt to install themselves.

Imagine the horror in your mind as that electrician thinking of the potential visit to the Emergency Room for that person when the wrong wire gets crossed.

And, yet, these traditional industries still thrive. The reason? No amount of online videos, tutorials or DIY books can replace the wisdom that comes from specializing in a task and learning the “tricks of the trade from experienced professionals.

If you have trees on your property, it’s your responsibility to think about the maintenance of those trees to protect your home in the event of a severe storm that could topple in close proximity to your house.

If you’re thinking about trimming, or even taking down trees for that maintenance and protection. Should you do it yourself?

The best way to answer the question is to watch a professional tree-trimming crew in action. You’re likely to very quickly realize that such work…taking down or trimming a tree…is best left in the hands of the experienced professionals.

Those “tricks of the trade” that come from the traditions and wisdom handed down in the craft become very quickly obvious as you watch the crew scale up a tree and easily slice away branches and limbs. And then when they have to take down an entire tree, the process seems at once intricate and yet elegantly simple.

Yes, sometimes it’s really best to not do it yourself and to leave it to the professional.

One of the most FAQs we receive is when a tree falls on your property but doesn’t hit your house or any physical structure, there is no insurance coverage to pay for the removal of the tree.

Call us for any recommendations you may need to help with your home improvement projects.

Please read our other blogs related to home maintenanc e projects .

You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Comparing homeowner's insurance and renter's insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 05 Nov 2019 16:24:00 GMT

Most people fall into one of two categories: They either own their home or they rent it.

If you rent your home, you don’t need a homeowner’s insurance policy.

You need what’s called renters insurance . This type of insurance policy will ensure that you have the right coverage when you need it the most.

We’ve outlined below how homeowner’s insurance and renter’s insurance are similar and and how they differ. Here is our quick summary:

Property Protection

When you rent your home, you don’t own the physical property. As a result, you are not responsible for insuring the property. Instead, the insurance policy is the responsibility of the property owner.

This means that if there is damage to any part of the exterior and interior of the property including walls, ceilings, floors, doors, or windows, you are not responsible for filing or paying for an insurance claim.

Coverage for Belongings

Similar to a homeowner’s insurance policy, a renter’s insurance policy provides coverage for your personal belongings. You need to take inventory of your belongings to give an estimate on what it would cost to replace your belongings.

When you make your home inventory, make sure that you include everything that you own, including items like electronics, furniture, clothing, and jewelry. Also include any of your own personal appliances that are not owned by your landlord or apartment complex. That way, all of your stuff will be protected against perils like fire, smoke, theft, water damage, and more.

We recommend keeping the receipts of high valued items. We also recommend storing photos of each of your rooms so you have documentation of your belongings. This will help to ensure that you are covered in case of a total loss, but aren’t overpaying for coverage that you don’t need.

Reimbursed Living Expenses

If something happens to the place where you live, your renter’s insurance typically covers your living expenses for a comparable place until the damage is repaired and your home is once more inhabitable.

If your rental home or apartment is destroyed or deemed uninhabitable, call your insurance agent right away to find out what you should do so that reimbursement is allowed.

Liability Insurance

Another type of coverage that is typically included in both renters and home insurance is liability insurance. With this coverage, you are financially protected from the costs that rise if someone is injured at your home.

Depending on your insurance provider and the policy that you choose, this can include both medical costs and legal costs, which can get very expensive, depending on the injury sustained.

As always, all of the information above depends on your insurance provider and your specific policy.

We search several insurance providers to find the one that will give you the best coverage at a price that works for you and your budget.

Cost?

On average, the cost of a renters insurance policy is $120.00 per year for $10,000 of contents, including loss of use and liability coverage, Click here for more details) in Massachusetts.

If you package your automobile insurance policy with your renter’s insurance, most times, the savings by doing so more than covers the cost of the renter’s policy.

If you have any questions about the coverage included in your current policy, or if you need a new top of the line renters insurance policy quote, please call 617-298-0655 to speak with a representative here at Vargas and Vargas Insurance Agency .

3 Reasons Why You Need Renters Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 30 Oct 2019 01:25:00 GMT

Renter’s insurance is an important thing to have, no matter what stage of life that you are in. There are many misconceptions about renting, and some Dorchester, MA area residents wrongly think that their landlord’s insurance will cover their possessions if anything should happen to their rental unit. The Vargas & Vargas Insurance team is here to help you learn more about the options that are available to you. Renter’s insurance is something you hope you won’t need but are grateful it’s there if you do!

3 Reasons You Need a Renter’s Policy

The landlord’s insurance will only cover damage to the building itself. Damage that occurs within your unit will not be covered by your landlord’s policy, as typically, they only cover the building structure and common areas.
A comprehensive renter’s policy will cover your items from theft, even away from your apartment. A good renter’s policy will protect you from the theft of any covered articles if they are stolen. In many cases, this also includes losses that occur away from your home.
Your belongings may be worth more than you think. Many renters skip insurance because they don’t think that they have anything of value that requires coverage. This is rarely the case, as most people’s electronic devices add up to a healthy amount! Also consider all of your clothing, sports equipment, household items, and furniture. Your belongings may be worth a lot more than you initially thought.

If you are living in a rental unit without insurance, now is a great time to find out more about the options that are available in the greater Dorchester, MA area. Call or stop by Vargas & Vargas Insurance today and meet with one of our helpful and knowledgeable local insurance agents.

Turn Back The Clocks; Turn Back Time | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 29 Oct 2019 11:00:00 GMT

It’s Autumn; you know what that means! “Spring” towards those clocks and “fall back” an hour!

This year, Daylight Savings Time ends at 2 a.m. on November 3rd.

Turning back the clocks is a great reminder for some basic security measures to protect your home.

Smoke Detectors: Do a survey of your smoke detectors to ensure you have sufficient safety coverage around your house. Change the batteries. Generally speaking, smoke detectors should be placed inside bedrooms and in hallways near to sleeping areas. You should also have smoke detectors strategically placed in your basement within a reasonable distance to your furnace.

The more smoke detectors you have, and the better-placed they are, the chances of early warning and survival in the event of a fire increase dramatically.

You might also consider at this time installing carbon monoxide detectors, definitely in your basement near to the furnace area, but also near windows and doors that either lead to indoor garages or face onto close proximity driveways. Car idling can quickly lead to carbon monoxide buildup that seeps through windows and past doorways to cause lethal harm.

Password Review: In our modern technological age, we recommend adding a password review protocol to your “Turn Back Time” routine. In general, you should change passwords more frequently than once a year, but we’re often too busy to accomplish this. So, at least spend some time to update your password security this November 3rd. Check your security challenge questions on websites and definitely consider implementing a Two-Factor authentication.

Annual Insurance Review: We would be remiss if we didn’t mention that this is another great opportunity to consider calling your agent and scheduling an appointment for your annual insurance review. Things change each year with life and with the insurance carriers. It is your responsibility to know how your insurance portfolio is structured.

Once you’ve run around on November 3rd getting all that done, you’ll be exhausted for sure! Not to worry, you’ll get an extra hour of sleep this weekend!

Flashback: Fallen Leaves in Autumn Leave You Liable! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 22 Oct 2019 11:00:00 GMT

There is no doubt that the beauty of the autumnal leaves is a highlight of the season. But such splendor can mask danger.

Those same beautiful leaves can be dangerous once they hit the ground! Fallen leaves can cause slippery conditions because they contain a large amount of water.

Fall is also a time when we experience the first frost ,which can add to the slippery surfaces. As the temperature drops, the wet leaves can freeze with a thin layer of ice creating hazardous conditions.

In addition, during the fall, the sun rises later, sets earlier, and often brings foggy days. This limited exposure to sunshine does not allow for wet/frozen leaves to dry out and pathways and walkways are now dim. All can contribute to a greater potential for accidents.

School is in session and children are walking out and about, your postal worker delivering your mail, and of course come Halloween “trick or treaters” will be traversing your property.

These are all potential liability claims should they slip and fall on your property. It only takes one false step to become the victim of a “slip-and-fall” accident.

Avoid any chance of injury to yourself or others by clearing walkways and driveways of all fallen leaves, and ensure that they are well lit. If you currently use landscape lighting on a timer, be sure to reprogram your timers in anticipation of the end of daylight savings time .

Protect your family and yourself against these all too often occurring accidents by reviewing your Massachusetts homeowner’s insurance coverage with your agent today. Call us at 877.550.0025.

Electrical Hazards in Your Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 15 Oct 2019 11:00:00 GMT

Our world is electric!! No, I mean, literally.

Electricity flows all around us, yet we are so inured to the wonders of electricity and the conveniences it brings that we too often take for granted the hazards of electricity.

When we see a video of a lightning strike, we’re amazed, and maybe a little frightened. But that very dangerous electrical connection that can cause bodily harm and property damage is literally all around us, everyday.

Here are five electrical hazards in your home to be aware of and to check and prevent against catastrophe.

Extension Cords. Electricity seems so safe as we go through our days using it. We plug away with nary a thought of the dangers of electrical shock or fire. Extension cords are the best, and worst, example of our thoughtlessness about electricity.

You find yourself in need of an outlet to plug in your phone charger, vacuum cleaner, a lamp, or cordless drill charger. “Oh! There’s an extension cord right here!” Never mind that cord is loaded with other plugs, and the cord is plugged into another extender from one to three outlets back at the wall plate. So much electricity drawn through such a receptacle builds heat very quickly. It’s the heat that causes the fire, not an electrical spark.
Water Hazards. We have electrical devices and connections we’re using very close to water sources all through our homes. In the kitchen, the bathroom, laundry room, in work rooms, outlets and extension cords and appliances in close proximity to water is a recipe for disaster. The Ground Fault Interrupt (GFI) outlet was designed to minimize these hazards. This outlet has a tripping circuit breaker built into it so there is no delay from the moment a hazard/overload is detected and the source of electricity is shut off. That could be the difference between life and death.
Kids and Pets. You can’t control either one. But you can take extraordinary precaution to prevent the hazards associated with rambunctious little ones. Install tamper-resistant outlets and outlet covers to prevent children’s access with sharp point metal objects. Secure extension cords in such a way to prevent pet nibbling access. Use heavier duty extension cords.
Coffee machines and similar appliances. These devices use high heat to brew or cook. Left unattended and with no beverage/food product left in the device can soon lead to overheating and burning and fire. Be sure your coffee machines and other self-cooking appliances have automatic off features.
Battery-Less Smoke Detectors. Smoke detectors save lives! We often recommend you check the batteries at least once a year and replace with fresh batteries. But checking more often can’t hurt, either.

Please check out our other blogs on claim prevention tips . You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.

Click here to Visit our Contact Us page.

Fire Hazards in Your House | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 13 Oct 2019 02:09:00 GMT

Fire hazards are everywhere. Yet, we often ignore the danger, or, worse, we’re completely unaware of the lurking, imminent threat of fire breaking out. Fire is a devastating event , inflicting tremendous damage, sever injury and death! Fire can wreak havoc in a fierce, fast, moment.

Smoke detectors are your primary line of defense to protect your life when a fire breaks out.

But you should take the time to carefully inspect your home for hazards that could easily become a threatening event.

Extension Cords
Overloaded electrical extension cords cause fire by overheating and exploding in flame. Additionally, they are often near to furniture or draperies that burn rapidly.

Take time to unburden your electrical outlets from overloaded extension cords. If you absolutely must increase utilization of a particular outlet in your house, consider hiring an electrician to upgrade the wiring and quality of that outlet. Install of an outlet with a “Ground Fault Interrupt” (GFI) breaker that shuts the outlet off in the event of overloading.

Consider purchasing a high-quality surge protection power strip with built-in circuit breaker.

Coffee Machines
Does your coffee maker have an “Auto-Off” feature? We forget to turn off coffee machines; they continue warming the near-empty carafe, ultimately burning off any remaining liquid, thus creating a fire hazard while you’re away from home.

Circuit Breaker Panel Upgrade
When is the last time you asked a Licensed Electrician to inspect the circuit breaker panel in your house to determine its viability for your current needs? A simple inspection and potential upgrade of worn or insufficient breakers can go a long way to presenting a first line of defense against fire hazards.

Lightning
Do you have a lightning rod installed on your home? The lightning rod is a simple metal bar that captures a lightning strike and sends the resulting electrical burst harmlessly away from your roof.

Inspect all electrical outlets
Be sure there’s no furniture, clothing, newspapers or other flammable objects too close to, or obstructing the electrical outlets around your home. A flimsy fabric accidentally falling on the electrical cord to a lamp can potentially overheat and create an immediate fire situation.

You can find more excellent advice on inspecting and protecting your home at the National Safety Council website .

Call us so we can help you with other claim prevention tips . You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.

Click here to Visit our Contact Us page.

Home Security Overview | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 13 Oct 2019 02:08:00 GMT

Alarms, cameras, door and window locks, passwords.

That should cover everything you need to remember this Autumn as you perform your twice annual security review!

Alarms. Is your alarm system up to date with the latest equipment? Check with your alarm provider to be sure your technology is up to date. Then conduct a survey to be sure that all contact points for your alarm system are secure with no loose contact plates or wiring. What about power sources for your alarm system? Be sure that outlets that provide power to your alarm appliances aren’t overloaded with other appliances.
Cameras. When did you last update the firmware for your cameras? Even if you’ve set up devices for automatic updates, you should check to be sure that updates have occurred. Keep hackers out of your systems with the latest software/firmware updates. How are the sight lines for your cameras? Have storms or critters moved cameras out of alignment? Are those lenses clean and intact? Do a visual inspection up close of each camera to make sure there is no damage to the lenses our housing. Are the mounting screws secure?
Door and Window Locks. Check for loose strike plates, loose screws. Are the locks easy to close and open? A tiny dash of a lubricant might be necessary to ensure smooth lock operation. Do your window sashes line up to make the locking secure and firm? If you’re using electronic locks have you updated the passwords? Is the power to such locks secure?
Passwords. We cannot say enough about using very secure passwords and about changing passwords frequently. Thankfully many smartphone manufacturers and other third party providers are creating secure password storage apps for your phones. Be sure to back up your passwords in writing somewhere in your home, in a book where you won’t forget it and where it’s unlikely that an intruder would look there to find your passwords. Yes, written backup. You read that correctly.

When you conduct a home security review you should also have a conversation with your Independent Insurance Agent to ensure your insurance policy reflects new security measures you’ve installed in your home. This could help to save you money on your insurance premiums.

Please check out our other blogs on claim prevention tips . You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.

Click here to Visit our Contact Us page.

How to Read Your Declarations Page(s) | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 08 Oct 2019 11:00:00 GMT

Have you ever read an insurance contract? Not many have.

However, this voluminous document has everything you need to know about your insurance coverage and is essential in the event of a claim.

There is a short cut: The Declarations Page.

This document outlines and summarizes your insurance coverage. And it’s easy to read and only a few pages. It’s also key to determining if you have adequate coverage at an affordable price.

Policy Number and Policy Period This is the top of your policy. If you need to speak to your Independent Insurance Agent about your policy, you should direct your attention to this section at the outset of your conversation.

The policy period also helps for you to mark your calendar so you can be reminded of your annual review.

Maybe your credit score is improved or maybe your kids are grown. These are just a couple examples of life events that can occur that warrant an annual insurance review.

In addition to lifestyle changes, there is the likely possibility that insurance carriers have revamped their policies. You may be eligible for new discounts or more competitive pricing.

Coverages and Premiums . The different coverages of your policy are presented line-by-line with the attendant premium in the right column, or in some cases, the discount in a line item, such as a security device.

The coverages are accompanied by the coverage limit. For your homeowner’s policy for example, the dwelling limit will show what your house would cost to be replaced. Notice your liability limit. This coverage limit should never be lower than the value of your home.

Total Annual Premium . Down at the bottom of the page is the TOTAL PREMIUM for your Insurance Policy. Usually this will show as an annual number, although that may be different depending on your payment plan for the policy. You can also see different payment options for your premium; some insurance plans give you discounts depending on the frequency of payments.

These declaration pages will help when it’s time to review with your independent agent. Know your coverage, know your renewal date so you can discuss with your agent if your coverage is maximized and your premiums are competitive.

Please read our other blogs related to annual insurance review suggestions.

You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Choosing a Safe Halloween Costume | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Oct 2019 11:00:00 GMT

As Halloween approaches, it’s time to think about what you or your little ones will wear for the big holiday. It’s exciting to wear a costume, but when you’re out shopping, make sure that you follow these costume guidelines so that you and your children can have a sweet and safe holiday :

Make sure that your costume fits properly – When choosing a costume, make sure that you purchase the right size. As with clothing, costumes should be snug without being too tight. Make sure there are no tripping hazards, such as pants or dresses dragging on the ground.

Look for costumes that are flame resistant – Candles are a great way to set a spooky atmosphere, but they are a huge risk when wearing a costume. Ensure a costume is safe by checking to make sure that the outfit is flame-resistant .

Ensure proper visibility – If a costume requires a mask, make sure that they can see properly. This may mean altering the mask so that the eye-holes are larger, or opting for makeup instead of a mask. Remember, though, to always do a patch test on costume makeup before Halloween night.

Wear sturdy and comfortable shoes – It doesn’t matter if you’re trick-or-treating or going to a party, everyone should wear the right shoes for Halloween. Little ones may fight you on this one, but they will be miserable after just a couple of minutes of walking in other shoes. If they insist, bring a pair of comfortable sneakers and socks as a backup.

Avoid dangerous accessories – If there is a sword, broom, or other accessory that goes with your child’s costume, make sure that it is pliable, and will not injure your child if they fall on it. It also helps to make sure that accessories are lightweight and east to carry.

Make sure drivers can see trick-or-treaters – A big part of Halloween safety is making sure that you and your children are visible to drivers while you’re out and about. Children with bright costumes should be easy to spot, but dark costumes may need a little work to make them visible. Have children with dark costumes carry a colorful treat sack, or strategically affix reflective tape to their costumes.

Don’t overlook Halloween weather – Remember, it’s usually pretty chilly in Boston on Halloween night. Historical temperatures show an average high of 56 and a low of 42. Make sure that you and your children don’t feel that chill by choosing warm costumes, or wearing long underwear. Go out earlier to avoid the nightly temperature drop.

When you have all of these tips in mind, picking out a safe costume will be easy. And make sure that you stay tuned to the Vargas and Vargas Insurance Blog throughout the month for more safety tips. Call Vargas and Vargas Insurance for an insurance review at 617-298-0655 .

Do I need motorcycle insurance in Dorchester? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Oct 2019 00:03:00 GMT

Nothing is better on a nice sunny day than being on your very own motorcycle and driving the roads in Dorchester, MA. When you are looking to get a motorcycle, you also need to consider your other needs and responsibilities. One factor to consider is your need for motorcycle insurance. There are several reasons why you need to have motorcycle insurance.

Compliant with State Laws

One important reason why you need to have motorcycle insurance is Dorchester is because it will keep you in compliance with state laws. Similar to any other state, those that operate a motorcycle in the state of Massachusetts need to have liability insurance in place at all times. When you have this type of coverage in place it will provide protection to all other drivers and pedestrians on the road if you are ever found to be at fault in an accident.

Lender Requirements

Many motorcycle owners today end up taking out a loan when they buy their motorcycle. If you do have a motorcycle loan, the lender will undoubtedly require that you carry a full collision and comprehensive insurance policy at all times. This will then give you coverage for a wide variety of situations that could cause a loss, including theft or accident damage. It will also protect the lender’s loan collateral.

Before you get on a motorcycle in the Dorchester, MA area, you should reach out to Vargas & Vargas Insurance. The professionals at Vargas & Vargas Insurance know how important it is to be covered by insurance when you get on the bike. When you work with them, the insurance professionals will work hard to ensure that they fully understand your situation. They will then work to get you into the right policy for your situation.

Getting your Fireplace or Wood Stove Ready | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 21 Sep 2019 15:22:00 GMT

When there’s a chill in the air, is there anyone who doesn’t enjoy a blazing and crackling fire to warm their home? Whether it’s a fireplace, wood stove, or pellet stove, there’s something cozy and inviting about a fire.

However, to ensure a safe experience it’s important to have your chimney inspected and cleaned on an annual basis or after burning a cord of wood, whichever comes first.

Fires leave a gummy residue, called creosote, which can stick to the lining of your chimney. Creosote is a byproduct of burning wood, pellets, or coal and is created by soot, smoke, gases and other particles.

When you burn wood to produce heat, gasses are produced that do not efficiently burn away. These gases now condense into liquid form. The liquid sticks to the inside of your chimney walls and/or liner. Over time it dries in the form of creosote.

Insidiously, it continues to build up, layering on like a stalagmite, on the surface of your chimney liner or your flue tile every single time you and your family enjoy a fire.

This is a highly flammable substance that can quickly erupt into a blazing chimney fire if subjected to a high enough temperature. That is why it must be removed periodically.

Hiring a chimney sweep is the traditional way to clean the inner surface and restore safety to the home. Chimney sweeps are trained to determine whether chimneys are structurally sound and whether they need to be cleaned. They will make sure the chimney is up to code, especially important in older houses, and make sure there are any birds or animals in the chimney, or anything that would block the flow of smoke. They also check that there’s no water coming into your home.

How Do I Prevent Creosote Build-up?

There are steps you can take at home to reduce creosote buildup and the risk of a chimney fire. Foremost is picking dry wood to burn. Dry wood will appear gray on the surface and have cracks on the end.

Don’t throw pizza boxes or other trash in the fireplace because it causes a thicker smoke, which lowers the temperature in the chimney. While many people use a newspaper to start a fire, it is recommended that a fire log or fire starter should be used instead. This reduces the risk of sparks flying out of the fireplace. Use a screen and stay in the room while the fire is burning.

Don’t forget to check your existing smoke detectors, carbon monoxide detectors and fire extinguishers to ensure all are in working order. If your home does not have the prevention devices, please install immediately.

Chimney maintenance is a priority for your property since harmful gases can build up inside the flue. Lethal carbon monoxide also builds up inside the flue, and if there’s damage to the inside of your chimney, this can seep in to your home . Have you chimney checked by a qualified tradesman regularly to ensure your family’s safety.

For information on ensuring your home is covered in case of a chimney fire, contact Vargas & Vargas at 877.550.0025

Falling for Autumn | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 10 Sep 2019 11:00:00 GMT

Leaves are falling all around … or they will be . Yes, i’m getting sidetracked with Led Zeppelin’s Ramble On lyrics.

It’s time to maintain your home during the Fall in order to prep your house for winter. Here are several basic maintenance items to attend to as the days grow shorter and the nights grow longer.

The cost of maintenance is always less than the cost of a claim.

Gutters and Downspouts. The build up of leaves and other debris makes for a constant battle during the fall. Climb the ladder and clean those gutters! Grab your hose and run it through the downspout to clear blockages. Accumulated detritus in your gutters creates a water condition at the edge of your roof. This means that water may cascade directly down from the soffit deep below your foundation. Next thing you’ll have water seeping up and into your basement.

Windows and Doors. Remove the window air conditioners, replace window screens with storm windows. Same for screen doors. Check doorways for loose or broken edging and insulation.

Heating Systems: Autumn is a great time to replace the filter for your furnace! The smallest of details could be the cause of the biggest of problems.

Landscaping around the base exterior of your house. Be sure that dirt hasn’t built up at a reverse angle down towards your foundation: rake the dirt so that it angles downward and away from your foundation. This helps to prevent water buildup against the foundation which then seeps down and into your basement.

Please call to inquire how water accumulation in your home may or may not be covered under your homeowner’s insurance policy. If your house “floods”, you will want to know how it affects your wallet.

Please check out our other blogs on claim prevention tips . You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.

Click here to Visit our Contact Us page.

Rooftop Maintenance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 04 Sep 2019 13:33:00 GMT

Gravity combined with water can be an enemy to your property.

Leaking water through even the tiniest of openings in your roof follows the laws of gravity. It will fall downward causing damage on its way to the inner sanctum of your home.

The good news is that you can prioritize your to spend a little time on the weekend to prevent water from entering your home through your roof.

Gutters . Get ready for it. Fall is coming and and it’ll be time to clear and clean those gutters! The thought of hauling oneself up on a ladder on a Sunday morning to claw through the muck of wet leaves and other detritus isn’t appealing. Mostly, we think of this as a time-consuming activity that could otherwise be spent with our family.
In reality, frequent gutter clearing can be done fairly quickly. It’s when we let the muck pile up that it sucks up our time. More to the point, when you clean those gutters, you’re conducting a serious prevention campaign! You’re avoiding the wood rot that happens from built up water that gets into the soffits of your house and under the shingles of your roof. Once water gets in there, the damage is more severe than clearing out your gutters.
Chimney caulking . You’ll need to get up on the roof to check closely the caulking around the bricks of your chimney. The caulking should not have broken or loose pieces and should have a uniform adhesion to the bricks. Make sure the shingles around the base of your chimney are secure to the roof. Check the chimney for loose mortar.
Loose shingles . Especially after a bad storm, taking a walk around your home for a visual inspection of your roof shingles, or, better yet, while you’re up on the ladder cleaning your gutters, can save you costly repairs. Shingles should not have loose flaps or curled edges. Secure loose shingles and replace damaged or curled shingles.
Overhanging tree branches and limbs . Anything that’s too close to the roof and large enough can cause roof damage during severe weather, should be trimmed away from your roof.
Ask the Pro . It can’t hurt to have a professional roof inspection done every few years. Call us for assistance and a referral to an inspector.

Please check out our other blogs on claim prevention tips . You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.

Click here to Visit our Contact Us page.

Managing Growth | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 27 Aug 2019 11:00:00 GMT

Growth can sneak up on us. Whether it’s your family or your business, one day you realize you’ve grown larger than when you started.

Two cars when once there was one.
Five employees when previously you had two.
A new spouse when you once lived alone.

Growth is a good thing, it’s the keeping-up-with-growth that’s difficult. Unless you’re organized and prepared, then growing becomes easy-peasy.

One area we often overlook, when growth occurs is whether it sneaks up on us or we prepare for it, is with our insurance .

Here’s where your Independent Insurance Agent comes in. We help your growth spurt feel smooth, organized, and best of all, prepared for any happenstance.

We often advocate that our clients undertake an annual review with us to see what coverages best suit their needs with natural changes over time. This helps to ensure quality coverage at an affordable cost whenever possible.

Our facility as your Independent Agent is there for you to advocate and manage when the “growth” word pops up. Not only can we find the right insurance coverage for your new larger family or business, but we can help you control the costs of that insurance.

Call us today so we can discuss all of your wonderful growth opportunities and reduce any growing pains so you experience the best possible insurance solutions.

You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation - Week of August 19 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 19 Aug 2019 17:30:00 GMT

Last week we discussed strategies to become “the authority” on your topic. Here are a few more strategies to consider.

It’s no surprise that I LOVE starting the week (and everyday) with words of wisdom. Today’s are:

“A lot of times, people don’t know what they want until you show them.”
– Steve Jobs

3. Know Your Audience and Add Real Value

Knowing your audience is the core of the marketing process—without it, you wont know your audience’s pain.

Seek to understand the personal goals, frustrations, and daily struggles of the individuals included in your audience.

What do I mean by being “real”? People think frequently and often, “What’s in it for me?”

You need to be seen by your clients as something they value and can use. This will aid in making a real connection with them so you can be a reliable resource.

4. Be Consistent

Consistency is a key component to establishing your reputation as an authority and building the trust that comes with the reputation.

5. Engaging With Your Community

Cement your position as an expert in your community by being open and engaging with them. This doesn’t mean just placing a small sponsor add in an events fundraiser booklet or responding to comments and answering questions. You need to get out and meet your “tribe” through volunteering at events, community and fundraisers. Additionally, have conversations with them by asking what they need. Most importantly, follow up and through based on your conversations.

6. Build Relationships With Experts and Influencers

Reach out to experts and influencers within your niche and in related niches that target the same audience that is your best customer. These folks are strategic alliances and could be your best referral source.

While it takes time and work to position yourself as an authority in your field, the benefits you receive will be worth the investment.

As the most trusted expert, whether you are a real estate agent, mortgage professional, builder etc., you will be the first choice in the minds when they need to hire someone that provides the services that you offer. This is because you have not only helped them to know, like and trust you, but you have also clearly demonstrated the expertise that proves you can help them solve their problems or overcome their challenges.

Please review ALL of my Monday Morning Motivation blogs HERE .

Visit us anytime online for tips and training on how to build your business. Click here!

Why Do I Need an Umbrella Policy? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 14 Aug 2019 14:11:00 GMT

An umbrella policy is an additional layer of liability insurance that protects you and your assets above and beyond the coverage of your home or auto insurance. If you live in or near Dorchester, MA, Vargas & Vargas Insurance has experienced agents who can help to explain the value of an umbrella policy and why it could be right for you.

If you have any assets at all an umbrella policy is valuable protection. Home insurance and car insurance policies have liability limits that are often not high enough to protect you adequately. If you are found to be at fault or even if you are not ultimately found to be at fault, the legal fees can be quite high. If the case is not decided in your favor and your insurance liability is not enough to cover the judgment, you may be required to pay the remainder of the money yourself. It could take all of your saving and assets and even your future assets to make that payment.

With an umbrella policy, when the maximum is reached on your home or auto policy, your umbrella policy kicks in and pays up to the maximum amount of the policy. Most umbrella policies are from one to five million dollars. It is easier to sleep at night knowing that you are protected today and into the future.

You have worked hard to accumulate the assets that you have. Protecting them is important for your peace of mind. At Vargas & Vargas Insurance in Dorchester, MA, our friendly and knowledgeable staff are ready and waiting to help you get the coverage that you need. Give our office a call or stop by and let us help you understand the benefits of this important coverage and get a no-obligation quote. Visit our website for more information.

Back to School: Children and Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 13 Aug 2019 11:00:00 GMT

Getting children prepped and off to school is often a hectic time.

The last thing you want to think about is insurance.
So, don’t. That’s right, don’t think about insurance!

You’ve got too much on your plate, between clothing decisions, book-buying, book-bag purchases and packing. So, no, there’s no time for insurance.

What you can do, on the other hand, as your crazy, zany, busy early school days proceed is be mindful of things happening that could become an insurance event. Putting your insurance into a “zen-like” part of your busy day can only help you avoid the dreaded-of-all-insurance-situations:
a claim!

Let’s start with young drivers. They grow up so fast. When they pass their driver’s test, it’s a bittersweet. You have more freedom and they have more independence with getting from point A to point B.

You forgot to remember that she’d be asking to use the car to hang out with friends, attend school events, go shopping. Back to school time is a great time to be mindful, thinking of your young new-driver’s desires, and prepare yourself, and them, for that driving experience.

It’s important to carefully remind them about safe driving techniques in order to avoid accidents and claims!

Rushing out the door on those first insane days of school can lead to other potentially dangerous situations, the kind that lead to insurance claims.

How about discussing safety measures before they even leave the house to get on the road? Such as, the coffee machine? Does it have an Auto-Off feature?

Too many household fires are caused by coffee machines burning through empty coffee carafes for hours on end.

There are other potentially dangerous events you can avoid when you add a small dose of “insurance mindfulness” into your crazy Back-To-School Days.

Call your Independent Insurance Agent and ask her to help you become a Zen-Master of avoiding calamitous insurance claim events. We promise that it’ll be better to enjoy watching your children run off to school in the mornings while you sip your coffee in peace.

Call us for a no-obligation, FREE insurance quote to help you determine that you, your family and your business are protected! You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 12 Aug 2019 17:30:00 GMT

I LOVE starting the week (really everyday) with words of wisdom.
Todays are:

“When you speak to everyone, you speak to no one.”
~ Meredith Hill

For the last few weeks, we have been talking about niches and niche marketing.

There are so many choices and options today when people are looking to solve a challenge or problem.

How do they make that choice?

One way is that they find a trusted expert or authority who has built a relationship with them and has proven their expertise on their topic.

When your community needs someone that offers YOUR products or services, will you be TOP OF MIND and the authority they turn to for assistance?

Here are some strategies to become “the authority” on your topic:

1. Focus on a niche

Don’t be the proverbial “ jack-of-all-trades and master of none” . If you want people to see you as an authority, specialize in something. Pick a niche that narrowly focuses on your ideal Customer. With this level of specialization, you can focus on what they need and/or want. You will be better able to personalize your message to speak directly to your ideal client(s) and connect with them emotionally. This is vital to your success in becoming an authority.

Don’t be afraid to experiment until you find the right niche for your business and community.

2. Choose the right channels.

Once you have chosen your niche, you must also select the right channels to share your knowledge and expertise. You don’t want to waste your time sharing your knowledge in place where your community is not spending their time.

Do you know if they spend their time on Facebook, Twitter, Instagram, LinkedIn, YouTube, or somewhere else?

Knowing this will increase your engagement with your future clients based on your relevant, focused content.

Next week, stay tuned for item #3: Adding real value by knowing your audience.

Please review ALL OF MY Monday Morning Motivation blogs . Visit us anytime online for tips and training on how to build your business. Click on the link: https://www.vargasinsurance.com/blog/category/monday-motivation

Christmas In August? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 06 Aug 2019 11:00:00 GMT

I hope you’re enjoying an amazing Summer! The weather has been mostly wonderful: perfect for picnics, beach days, barbecues on the back deck with family and friends.

Let’s talk about Christmas. Wait, Christmas?

but, But BUT, it’s August!

Yes, but who doesn’t love Jingle Bells, chestnuts roasting on an open fire, wrapping paper, lights, ornaments and trees!

Talking about Christmas reminds us that we often take time at the end of the year to reflect on the year coming to an end, and to prepare for the New Year.

Why wait until the end of the year? Let’s feel the way we do during the holiday season now, in August!

Why not take a few minutes in the next few weeks, maybe 20 minutes here, another 30 minutes there, 10 minutes and so on…and review and plan for our better financial health. Let’s think about insurance and the effect that your monthly insurance premiums have on your monthly budget.

Budgeting is certainly something we think about before and during the holiday season, right?

Take 10 minutes to consider your monthly budget, the time to assess your monthly insurance costs, is all it takes to know your numbers.

Take 20 minutes gathering your insurance policies, whether on paper or in electronic format is what you need to prepare for the phone call, the phone call you won’t have to make later in the year…you know, around Christmas time!

Set aside 30 minutes to call your Independent Insurance Agent, review those policies you gathered in front of you, and discuss your monthly premiums as they exist, and how you can both lower those premiums and improve the quality of your insurance coverage.

Give yourself a Christmas present in August!
Make your budget healthier, improve your quality of insurance coverage and, best of all, eliminate one item from your end of the year “To-Do” list so you can better enjoy your holidays.

And who knows, you may save enough money to get that treasured gift you’ve been thinking about for your loved one.

Our gift to you is the no-obligation FREE insurance quote to help you determine that you, your family and your business are protected!

You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 05 Aug 2019 17:30:00 GMT

I start each week with words of wisdom, and today’s are:

“Attitude is more important than the past, than education, than money, than circumstances, than what people do or say. It is more important than appearance, giftedness, or skill.”
~ Charles Swindoll

After I gave notice to my “9 to 5” employer, I started working at Prudential with #TheMan as my manager. Through his teaching, I learned the debit system; but more importantly how to collect, review insurance policies and uncover a new need for life insurance. I was fairly successful . Though, anyone would have been successful with the training #theMan gave me.

What’s “fairly successful” ? Remember how I quit my “9 to 5” job to join Prudential? Well, I didn’t quit my 9pm to 12am midnight job nor my Saturday and Sunday taxi cab driving job since I didn’t know if I would make it selling life insurance. But, after a year, I did quit the weekend taxi job. Why? Because I started making more money that both of my parents combined. That’s a quantifiable result right there.

I quickly learned that my “niche” was being present before someone purchased their home.

You see, I figured out that if I could manage my homeowner insurance clients, there was high probability that they would buy life insurance to cover their new financial need. I made more money selling life insurance than I did selling home or automobile insurance.

Here’s a book recommendation on how to narrow your niche to increase your responsiveness:
“Badass Your Brand: The Impatient Entrepreneur’s Guide to Turning Expertise into Profit” BY Pia Silva

Niche selling gets great results! Without creating a niche, you can sell anything to anyone, but that doesn’t mean you should, right?

If you go to the general marketplace with the ” Hey I can help anyone with anything ” speech, you’ve got about as much credibility as someone who says, “ Hey I can mow lawns and i’ve got this hair re-growth tonic and I’m also a NASA astrophysicist. ”

No one takes you seriously when you try to be everything to anyone.
Consider this:

Forget about the “anyone” and the “anything”.
Pick a “someone” and a “something”.
Find the people with the problem.
Pick one person with one problem and make them one clear promise.

This shifts your beige, general, bland message. Instead of the prospect thinking, “ He/she ’s not really talking to me.” to “ Hey, this person is talking about people just like me about the sort of problems I’ve got.”

Then, they pay attention and listen.

Stop being broad, pick a micro-niche for the next 60 days, target it and get better results.

Stay tuned for why I stopped selling life insurance.

Finance 101: Children & Money | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 01 Aug 2019 17:20:00 GMT

It’s never too early to talk to your children about money and finances .

Specifically, when was the last time you reviewed your life insurance?
Life insurance is the safest and most secure way to protect your family and dependents against financial ruin should the family breadwinners die.

Helping Your Children Reach Their Dreams

When was the last time you spoke to your children about money?
About financial planning?

Many families believe that talking about money is taboo. However, if children are raised to fear certain discussions, they may not have the confidence to think and focus clearly on fundamentals to achieve their dreams when the time comes for them to make responsible financial decisions.

Whole life insurance can help give your children a financial head start.
It provides a guaranteed amount of life insurance that also accumulates cash value.

Securing life insurance on your children is a sound strategy to kick start the financial planning your children will appreciate as they enter adulthood. Entering adulthood means having to make tough financial decisions. It’s a right of passage in its own right.

As adults, your children could have the benefit of accessing their policy’s cash value for any reason, including but not limited to:

College tuition and expenses
Funding a wedding
A down payment on a house
Starting a business

Never Too Young to Start

Life insurance premiums are based on a number of factors, including a person’s age and health. Premiums are generally lower for children because they are young and healthy. This is one of the basic reasons why this makes sense to help your children structure their own life insurance portfolio.

A Gift They Can’t Outgrow

Children outgrow clothes, toys and other gifts. A whole life policy is different. You can give your children a fully-funded life insurance policy that will provide:

Permanent life insurance to one day protect their families.
Cash value that can be used to help fund life’s big events.
The option to increase their protection as their families grow.

Remember, if you are afraid to discuss money, that will transcend to your children’s belief system too. Give them the gift of financial freedom by way of planning and knowledge.

If you would like to discuss a comprehensive insurance review and any advice that pertains to your kids financial future, please call Jack Carrigg at 617-298-0655 ext 104 or email Jack at jcarrigg@vargasinsurance.com .

5 Ways to Reduce Your Insurance Costs. #3 Will Blow You Away! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 30 Jul 2019 11:00:00 GMT

Saving money isn’t a responsibility you should hand off to someone else, especially if that someone else is the insurance company.

Knowledge is power. With these 5 tips, you’ll have the power you need to negotiate lower premiums with your insurance carrier. Take back the responsibility and own your power!

Take a defensive driving class. Providing proof of your renewed defensive driving class will save money. In some states for 3 years.
Shop for other carriers. You should speak with your Independent Agent at least annually to see if your current carrier and other insurance carriers can offer lower premiums on the same (or higher) coverages when available.
Reduce your coverage as your car gets older. Because you’re reviewing your policies annually, you can discuss updating your policy based on the advancing age of your vehicle. Collision can be expensive and may not be required.
Increase your deductible. Look for the perfect equilibrium between the affordability of a larger deductible and lower premiums.
Bundle your auto coverage with your Homeowners and Umbrella Liability policy. Can you say “Multi-Line Discount?”

These five simple steps can help you save hundreds of dollars in a given period of time. All it takes is a few minutes to own your power and make the call!

Speaking of calling…call us today to learn about saving money on your insurance portfolio. Your piggy bank will thank you and so will we!

You can reach us by calling 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation Week of July 29 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 29 Jul 2019 17:30:00 GMT

I’m always eager to start each week with words of wisdom, and today’s are:

If everybody is doing it one way, there’s a good chance you can find your niche by going exactly in the opposite direction. ~ Sam Walton

Have you ever heard the saying, the riches are in the niches?

I started my insurance career 40 years ago working for Prudential Insurance on their debit system.

Are you asking yourself, “ what’s a debit system?” Good!

The debit system was when you purchased life insurance from Prudential (Hancock, Metropolitan and all of the other mutual insurance companies). It used to be that the life insurance agent who sold you the policy would come by once a month to pick up your premium. Gasoline was very cheap and that’s the way the life insurance business had been done since the beginning of time.

What you should also know about me is that I was a longhaired, motorcycle driving, cigarette smoking, 20 year old working 2 full-time jobs.

My interview went like this: On the urging of #TheMan, he told me to go to the local Prudential life insurance office for the interview. He thought the manager would be impressed with my work ethic as a 20 year old.

Spoiler Alert: The manager was not impressed. He seemed more bothered that I did not get a haircut nor did I shave. I also wore a leather jacket and carried my helmet into the interview.

I was told I would be contacted after the interview. The home phone (landline was our only form of phone communication) rang about a week later. #TheMan told me that if I was willing to shave, get a haircut and buy a suit, I had a job. He also said that if I didn’t have a car, one would be provided. My salary for the first 13 weeks would be more than what I was making working the other two jobs combined.

He asked if I wanted the position. I told him that I did.

More next week!

Does Flood Insurance Only Cover Natural Floods | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 25 Jul 2019 19:45:00 GMT

Flood insurance is something that most people never need and that most people cannot benefit from. That being said, you should take the time to figure out if you need flood insurance at all or if it is a coverage that you can do without. For those in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you find out if you need a flood policy or not.

Flood insurance works to cover flood damage from natural flooding only. This means that it covers flooding that is caused by some outside water source. Flooding from broken pipes is covered in your normal home insurance policy. Flood insurance is something that is not required and that is not going to be beneficial for all users. Flood insurance is something that is going to work well for your home if you live in an area where you are near water, in an area where you are near flood planes or where flooding is possible.

Flood insurance does not cover flooding that is associated with things like holes in the roof from storms, burst pipes, or other things that would otherwise be covered on your normal home policy. When buying flood coverage, it is always best to take the time to really look at what the coverage is all about and see if you can truly benefit from it. For the most part, you are not going to need to use a flood policy and your home policy is going to cover some flooding to a certain extent. For those in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you determine if you need a flood insurance policy or if your home policy is sufficient for your needs.

Walk Through Your House Like a Claims Adjustor | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 23 Jul 2019 11:00:00 GMT

Hopefully you will never need this advice to come to fruition.
Hopefully you’ll never have a claim.

But this is what insurance is all about: preparation. When you prepare for a catastrophe, an accident, a fire or a theft when you buy the right insurance coverage, you’re creating an opportunity to recover. The money your insurance pays out in the event of a claim is paramount to that recovery.

There’s one other step to take in your preparation. When you make a claim, often the insurance company sends out a representative to review the damage or the loss and to assess the amount of coverage that should be paid out. This person is the claims adjustor.

Never assume the adjustor is looking to provide you with an equitable settlement on your loss or damage. The best way to get the best financial recovery is to prepare in advance.

Let’s look at your homeowner’s insurance to prepare for a claim that, hopefully, will never happen. Walk through your house like a Claims Adjustor would. Pretend you’re the claims adjuster but with the interest in protecting YOU, the homeowner.

In the event of a theft, you want to show the adjustor the precautions you’ve taken to prevent break-ins to your home. Is your alarm system properly installed? Does it have independent power backup? Are all locks, including those on windows, secure and adequate?

For the lost valuables, did you prepare with a high-quality inventory of your precious items? Of all your items that would need to be replaced in the event of a fire?

Do you have photographic evidence to show to a Claims Adjustor? For very valuable items, did you get a professional appraisal and is that appraisal recent and current?

For damage to the home due to weather including flood*, can you clearly demonstrate that you, the homeowner, took all necessary precautions to protect your home?

For example, have you diligently cleared large trees or tree limbs that could easily fall on your home? Have you created storage solutions in the basement of your home to minimize damage to belongings in the event of a water-intrusion event?

Take an hour and do a complete walk-through of your home. If you ever have to file a claim, you’ll dramatically improve your payout. That will go a long way to the peace of mind you need to recover.

Call us today to learn about your homeowners insurance and how to protect yourself in the event of an unforeseen claim. Now is the time: before you need your policy to go to work for you.

Your health and financial health depend on it. Call us at 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.
Click here to Visit our Contact Us page.

*Flood insurance is always specifically excluded from homeowners. Please consult with your agent if you are interested in flood insurance.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 22 Jul 2019 17:30:00 GMT

I LOVE starting my week with positive words of wisdom. This week’s are:

We have to get back to the beauty of just being alive in this present moment. ~ Mary McDonnell

Last week I started talking about being present, I talked about my trip out to Phoenix and how I was not being present with my wife, Kathy.

My second thought to paying attention is to remember that our time together is limited.

If there are changes you want to make in your personal or business life, start now. There will never be a better day to begin making improvements than today.

Don’t keep putting off the things that you want to do or should be doing. For example:

if you want to start eating more healthy foods, go to the grocery store and buy healthy food, buy supplies to start your own garden
If you need to exercise more, go for a walk tonight or find a buddy and work out
Is your relationship with your spouse wavering? Spend alone time talking tonight
Do you want a new job? Start sending out resumes. Tomorrow is promised to no one

You cannot continue to waste time thinking that you’ll take care of your issues at some later date.

Your family, your career, and your whole life are happening right now. If you don’t take any action to maintain or increase your happiness, life will pass you by. It’s okay to plan for the future, and big decisions should not be taken lightly, but you have to live your life daily without creating regrets.

3 Things To Do NOW For Your Car Insurance. Number Two Will Shock You! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 16 Jul 2019 13:38:00 GMT

You’re driving around with the comfort and knowledge that you’re insured in the event of an accident that damages your car, you, or another person or their property.

Your car needs occasional maintenance and fine tuning; so does your car insurance. Here are 3 things you can do right now to fine tune, I mean review, with your Independent Insurance Mechanic, I mean Agent.

Improve the quality of your coverage and possibly lower your premiums NOW!

Uninsured and UNDER insured motorist coverage.
The two “Uns” will get you every time when involved in a motor vehicle accident. You’ll want to add this additional protection to your overall insurance policy. The additional coverage will give you perfect peace of mind and protection against the incidents involving an uninsured motorist or a motorist with insufficient coverage to compensate you for damage to your vehicle or injury to you.
Your collision deductible based on the year of the vehicle.
As your car gets older the value decreases. Too often you’re carrying insurance coverage based on the original value of the car when you first insured it. When you discuss your insurance with your Independent Agent during your annual insurance review, be sure he reconfigures the current coverage to reflect the current value of the car.
Personal injury protection, also known as PIP coverage.
This is a component of auto insurance that covers medical expenses regardless of who’s at fault, and often includes lost wages. Depending on the state in which you live, PIP is either an available option or a required policy add-on. It is often called “no-fault” coverage because its inherent comprehensiveness pays out claims regardless of who is at fault in the accident. Don’t get caught without this insurance because you didn’t know it was OPTIONAL vs. MANDATED by state.

Call us today to learn about these coverages and more. Now is the time: before you need your policy to work for you the most. Your health and financial health depend on it. Call us at 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review.

Click here to Visit our Contact Us page.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 15 Jul 2019 17:30:00 GMT

I LOVE starting my week with positive words of wisdom. This week’s are:

The best way to learn to be present and develop presence is to have the experience of someone you respect and admire being present with and for you. ~ Mark Goulston

As I have mentioned in earlier emails, I was a speaker at IAOA in January. This gathering, our country’s youngest and brightest independent insurance agents, is one of the highlights of my year.

The trip started with our airplane ride to Phoenix. I don’t know what you do on an airplane, but I usually work writing blogs, creating posts and/or laying out chapters ideas for the book I’m writing.

Suddenly, I got a look from my wife, Kathy that screamed, “hey, I’m over here, why aren’t we communicating?”

I put my laptop away, we watched a movie, fell asleep and had a great flight.

The conference is 2 ½ days of presenters and break-out sessions all day. The event is choreographed so that all of the members in attendance get maximum exposure to one another. Kathy spent this time by the pool, visiting the local things to do and working on her hobby.

When the conference was over, we hung out for a couple of days to enjoy the weather, but so did many of the other independent agency owners. And everywhere that we went at the hotel, we ran into each other and started chatting about how we’re doing, what we’re doing and our “secret sauces”.

One of the agents asked me if I was afraid of sharing my secret sauce. I replied, “you may already know the sauce, but you still have to cook it.” I borrowed that from a chef friend of mine!

Here are a few of the most common barriers that keep us from being present and mindful:

Thinking about the past and the future
Multitasking
Being in denial
Obsessing on thoughts or observations
Pushing away thoughts or observations
A lack of intention
A lack of compassion
Judging, analyzing, criticizing or evaluating

Judgment is one of the most common ways that keeps you from being mindful. Whether you are judging your experience as good, bad or ugly, it’s an obstacle to being fully present in the moment. We do this all the time. Everyone does. The way to do it less is to notice it and move your thoughts on and not let judging interfere with your ability to be mindful. It’s ironic isn’t it? You have to be mindful about being mindful.

Try spending a few days noticing all the judgments you make throughout the day:

“What is that lady wearing?”
“Yuck, this food is gross!”
“I should not be the one handling this!”

Any time you catch yourself playing Judge Judy, notice it, label it as a judgment, and resist the temptation to judge yourself for being judgmental. More irony, right?

Pay Attention!

When I came to this realization, my first thought was paying more attention to Kathy. I know how I feel when people don’t listen to me or pretend like they’re listening to me, so I have to apply the Golden Rule:
Treat her as I want to be treated.

This one is easy because I want to treat my wife better than I want to be treated. There’s an episode of the Cosby show (sorry), “The Dead End Kids Meet Dr. Lotus” when Theo is given great advice from his father. He’s told to repeat these words: “I will pay more attention to my partner.”

Remember “Tomorrow isn’t promised, all we have is today.'”
~ Sylvia Solomon

My second thought? Next week!

Annual Insurance Review: On the Beach? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 09 Jul 2019 11:00:00 GMT

Get crazy at the beach this Summer. I mean really, really crazy.
How crazy am I suggesting? Hang on to your beach hat.

You won’t believe it.

Think about how you’ll be killing two birds with one stone if you consider reviewing your insurance policies with your Independent Insurance Agent while you sift your toes through the warm sand with a cold beverage in hand.

No, I’m not kidding!

Your Agent has all your policies available to review with you. They are waiting to review with you. The majority of people do not take advantage of a FREE annual review with their agent.

You are ahead of the game especially if you consider blocking out 30 minutes to an hour while you lounge in your beach chair. You will hear the calming sound of lapping waves while your Agent discusses money-saving, better quality insurance coverages for you.

I warned you that you may think I’m crazy for suggesting this, but we think it’s a sensible idea. The key point to understand is this is an all around relaxing moment: your afternoon on the beach and your conversation with your Independent Agent.

Reviewing your insurance policies to:
1. Maximize the quality of your coverage
2. Lower your overall premiums, and
3. Ensure adequate coverage for unexpected and planned changing life events shouldn’t be stressful at all.

It is a calming, relaxing moment. Let your Agent do all the heavy lifting while you bask in the glory of your sun-filled beach day.

Be sure to schedule your appointment with your Agent in advance of your afternoon on the beach so they’re prepared with all the information you’ll need to save money and improve coverage. If you like, take a moment before you leave for your vacation to glance over your policies to prepare any questions you may have for your Agent about specific lines of coverage and/or premium costs.

Then setup your lounge chair, apply your sunscreen, crack open that cold beverage and make the call. You won’t feel crazy when you’re done and you know you’ve just spent a few relaxing minutes improving your insurance protections and saving money on your annual premiums.

When was the last time you reviewed your insurance? Now is the time! Even if you’re leaving for vacation. Call now at 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 08 Jul 2019 17:30:00 GMT

I LOVE starting my week with positive words of wisdom. This week’s are:

“Facebook was not originally created to be a company. It was built to accomplish a social mission – to make the world more open and connected.” ~ Mark Zuckerberg

Last week, I talked about the responsibility of small business owners. Facebook is a good example because it’s where many people spend their day (and nights) scrolling.

There are two primary features:

● Personal Profile (Get over the fact that we, as marketers, need to share with the world ourselves and our families, warts and all! People want to do business with you and not a sanitized version of you.

● Posts

Profile

What is the One Job of your profile?
What is the One Measurement of your profile?

Posts

What is the One Job of a specific post?
What is the One Measurement of a specific post?

There are of course a variety of post types. You could have a picture, a video and/or a story (includes a picture or a video). You can now add polls and all sorts of things.

But isn’t it easier to think about One Post at a time? A few thoughts:

Gathering friends and followers is not the NUMBER ONE job of your profile.
Gathering followers is not the job of EVERY post.

For example: A post may have the specific job of featuring a video about the newsletter topic you are writing about tomorrow. You may want to point people to your “link in the profile” where they can sign up to your newsletter.

The post points to the profile.
The profile has the link that points to the page.
The job of the page is to get people to engage with us and sign up for our newsletter.
The job of the newsletter welcome email is to set the stage for what’s to come and on and on.

The real beauty of One Number (and One Job, One Measurement, One Source) is the simplicity. It narrows our focus and aligns our efforts, making it easier to know you’re on the right path (or not).

That’s it for this series! I would LOVE to know what you think of my messages over these last few weeks. Send me an email or connect with me on social media.

4 Reasons to Purchase Insurance on a Car Rental | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 02 Jul 2019 11:00:00 GMT

If you’ve ever been on vacation and had to rent a car, you’ve been confronted with the standard protocol of the rental agent asking you if you’d like to purchase (or waive) the optional car insurance.

Most people are caught unawares and don’t give this simple request the full consideration it needs before they leave on holiday.

You won’t be caught unawares with this simple recommendation: always purchase the additional coverage .

When you purchase that coverage you will acquire some awesome features (you’re going to love Number 4!)

Protection from a collision surcharge on your existing policy.
You don’t have to worry about “loss of use” or paying for the days a rental car is out of commission and unavailable for rental for repairs due to damage you caused.
Your policy deductible is waived!
You get to walk away.

Technically speaking, if you already have PHYSICAL DAMAGE COVERAGE on your own auto policy, then you’re actually covered for property & liability on the rental vehicle. That doesn’t stop us from recommending the purchase of the additional insurance even to our customers who have physical damage coverage in place.

I promised the recommendation would be simple. Now when you’re at the car rental counter at the start of your vacation, worrying about getting to your hotel on time, hungry from a long flight, and stressed from the airport commotion, you won’t be a deer in the headlights at the rental counter. You won’t have to stop and call your agent to inquire if you should take the coverage. You won’t have to text your neighbor if they purchase the coverage or not.

Just say, “Yes, I’ll take the coverage.”

One last piece of vacation driving advice: when driving on long winding roads in the dark, take extra caution for critters who might dodge out onto the road. Like a deer in the headlights.

When was the last time you reviewed your insurance to ENSURE you’re INSURED properly? Don’t wait until it’s too late. Call now at 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 01 Jul 2019 17:30:00 GMT

I LOVE starting my week with positive words of wisdom. This week’s are:

People are in such a hurry to launch their product or business that they seldom look at marketing from a bird’s eye view and they don’t create a systematic plan . ~ Dave Ramsey

Last week I finished with applying your NUMBER ONE to marketing.

If you’re a small business owner, marketing is your responsibility. You may be of a size where you can outsource to a consultant or delegate the tasks in-house, but ownership of the plan is your responsibility.

We know that you are not a full-time marketing person; you have clients to serve.

Marketing is not your job description. So, we must find a reasonable balance and develop a simple plan so you can consistently take action to keep the marketing ball bouncing.

How much time is reasonable for you to devote to your digital marketing each week?

The only wrong answer is zero .

The right answer will vary. Of course, your expectations for what you can accomplish with marketing need to be in line with the amount of time you’re willing to spend.

BUT…

You don’t need to post every minute of every day to have an impact.

One Job

The concept behind One Job is to help you to narrow your focus to the most important next step. This applies for your website and social media channels.

Each element should have One Job. The job should be simple, and it shouldn’t try to do more than that.

If everything is set to focus on One Job, you can build an entire connected ecosystem focused on serving people at each point along the way.

For example: The primary job of our homepage is to get possible new customers to click on the button to get more information about some of the insurance products that we sell.

There are several elements, but it’s all geared to having them contact us.

The picture of families, cars or homes is professional. The message is that we want you to know what products we insure.

One Measurement

The beauty of One Job is that it narrows what you measure for success. If the message is doing its job well, then my measurement will be based on how many people click through and contact our agency.

Now, there are lots of things to measure, and installing Google Analytics is a must, but let’s be clear on one thing, if Google Analytics tells me that I don’t have very many visitors to our site, specifically our home page, it’s a failing page and effort on my part.

One Source (at a time) – Effort

As you know, you have a ton of different sources for driving traffic to your site. The most often thought of, are your social media platforms and SEO. Let’s pick one.

Facebook. Next week.

3 Reasons You Need Condo Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 30 Jun 2019 19:31:00 GMT

Whether you live in a condo year round or you own one that you vacation in from time to time, it’s important to protect it with condo insurance. Owning a condo is much different from owning your own home. Chances are, your condo is connected to other condos owned by other people. When something happens to a piece of the property that is connected to someone else’s condo, this makes things very confusing. Here at Vargas & Vargas Insurance serving the Dorchester, MA area, we’d like to share with you the top three reasons you need condo insurance.

It Might Be Mandatory

The first reason you may need to get a condo insurance policy is that it might be mandatory. If you have a mortgage on your condo, then your lender likely requires that you have condo insurance. You should check with the lender to determine the exact type of insurance policy that you need. Just like a regular home with a mortgage has to have homeowners insurance, a condo with a mortgage needs condo insurance. This protects both you and the lender.

Protect the Inside of Your Condo

Much of the time, the exterior of a condo receives protection through a condo association’s insurance policy, also known as a master insurance policy. This type of policy protects the exterior and any common areas, but it doesn’t protect the inside of your condo. You will need a condo insurance policy to protect your condo’s walls, ceiling, floors, fixtures, plumbing, and electrical wiring.

Protect Yourself From Lawsuits

If someone is injured inside of your condo, a master policy won’t provide coverage. The master policy only provides coverage if someone is injured in a common area. To protect yourself if someone is injured inside your property, you need your own condo insurance policy.

Different condo policies vary in the types of coverage they provide. It’s important to speak with an agent at Vargas & Vargas Insurance serving the Dorchester, MA area to learn about the different types of coverage you can gain through a condo insurance policy.

Driving While on Vacation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 25 Jun 2019 11:00:00 GMT

Happy days driving around on a golden Summer afternoon, or touring quaint villages, maybe driving town to town on a meandering route. School’s out and it’s vacation time! Chances are pretty good you’ll be using your car, or a rental car to enjoy your holidays.

You’ll want to bring an extra degree of caution to your Summer vacation driving experience. First, you’ll be in a holiday mood. It’s natural that your usual driving vigilance might be relaxed. So your first challenge when you’re driving on vacation is to keep your driving mindset sharp and focused.

Your extra focus is going to come in handy with the other vacation drivers on the road too. Many of those drivers may be as fuzzy in their holiday driving modes as you…before you sharpened your focus.

Other drivers are looking at the sights, distracted by backseat or front seat passengers, or maybe just trying to figure out how to turn left into that parking lot for the Gift Shop. Your extra care and attention is going to come in handy to avoid mishaps that could be caused by other distracted vacation drivers. And, be especially careful while driving through parking lots. The distractions are probably at their highest point when a driver is quickly backing a car out of a parking spot and another driver is zipping through the parking lot. Bang.

You’ll want to sharpen your vacation mind for the protection of your valuables in the car too. How often do you pull your car into a beachside parking lot or a scenic overlook highway stop off, then jump out of your car and forget to lock it behind you? Probably quite often. After all, you’re on vacation.

Your cares and worries were left at home. But your valuables are still sitting on the front seat or in the trunk of your car. And a thief only needs a quick moment or two to open an unlocked door, rummage around and grab and run away with your valuables.

Last but not least, be extra careful with your rental car while away on vacation. When you pick up the car, temper your eagerness to zip away to enjoy the kick off of your holiday. While the Rental Car Attendant is inspecting the condition of the car before transferring possession, grab your smartphone and snap photos of the exterior of the car.

Make a note of your mileage to be sure it matches the rental paperwork, and check the gas gauge too. Double check that doors and trunks lock properly and that any remote locking or alarm systems actually work.

This may sound like a lot of work to do while you’re on a vacation. But a few minutes of careful attention and a sense of normal driving focus will actually help you to have an even better vacation experience.

When was the last time you reviewed your auto insurance? Don’t wait until it’s too late. Call now at 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 24 Jun 2019 17:00:00 GMT

As you know, I LOVE to start my week with positive words of wisdom. This week’s are:

“With hard work and effort, you can achieve anything.”
~ Antoine Griezmann

Last week I finished with creating a NUMBER ONE for you! To do this, you’ll want to clearly list your goal and your approach.

The approach is where we’ll find the ONE NUMBER.

If your goal is $120,000 a year in revenue, then your average monthly goal is $10,000 a month.

The number 10,000 the goal broken down to a more achievable number. 10,000 is not your ONE NUMBER.

Let’s break it down further.

If you sell houses or mortgages and on average, your commission is $2,500 per sale. That’s 4 houses or mortgages a month to hit your goal.

Note, 4 is not your ONE NUMBER either because this is a goal, not the approach.

How much effort does it take to get to the closing table?
What effort are you applying now to get to the closing table?

The answer to these questions is your ONE NUMBER.

If you know that face-to-face meetings will help to get to 4 sales per month, then the number of face-to-face meetings could be your ONE NUMBER.

Your Turn!

* What’s your goal?
* What’s your approach?
* What kind of effort will it take you to get there?

Write it down.

● Goal

● Approach ← this is where you derive your ONE NUMBER

● Effort Troubleshooting Your ONE NUMBER

There’s a huge likelihood that you won’t pick your ONE NUMBER correctly the first time.

Often times, we accidentally pick the goal number and mistake it for the approach number.

The Goal is the finish line. The approach is how we get there.

Goals include:

Revenue is a goal
The number of homes sold in a set period of time
Making 150 calls to get referral partners is the goal.
Getting face to face with houses or mortgages buyers is the goal.
Getting to the top of the mountain
Learning the best path to the top of the mountain

The ONE NUMBER is how you get there.

This may take a little work, but this is important as you set out to achieve your goal.

The secret of priority management is working on the tasks that move the goal forward.

It’s not about getting stuff done. It’s about getting the RIGHT stuff done.

Pick your ONE NUMBER, even if you change it in a week or two later. It’s important.

One Job

Let’s apply this to marketing. Next week!

Protect Your House While on Vacation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 19 Jun 2019 13:45:00 GMT

Bags are packed; the car is loaded. And away we go!
What fun we’ll have on our vacation.

Pump the brakes!

We don’t want to be a party-pooper, but we want to remind you that while your home is unattended, if something goes wrong while you’re away, you’ll be in for an unpleasant surprise upon your return.

Prepare your house while preparing for vacation. Create a checklist and check off these important items before you leave the house.

Plumbing
It’s always useful when doing a plumbing inspection to run all the faucets in your home at the same time. Flush all the toilets and work your way from the bottom (basement) of your house up to the top floor(s) checking pipes and surrounding areas.

Close valves and turn off water supplies to the entire house or to your least-used pipes, such as to the washing machine and water heater.

Consider also turning your water heater to “low” or “vacation” mode.
Why burn up fuel heating water you’re not using while you’re away from home? Check drains for clear drainage to prevent any backups from unexpected water surges, especially your storm drains.

A quick inspection of all pipes and plumbing systems alerts you to any potential problems. Do a quick check for leaks, the kind of small leaks you might be missing during your normal day-to-day living, but the kind of small leak that could become a big leak while you’re away.

Electrical
Unplug extension cords. Unplug appliances.

Storms can cause electrical surges that can damage your connected appliances, or worse, cause a fire. Also, look for loose wall plates, loose plugs or any other potential hazard that could create an electrical event and maybe a fire.

Air quality
How’s the air in your home? Is there any chance that dampness in the air could create a mold condition while you’re away? Are all the windows closed?

If you have a dehumidifier, set it up in strategic locations around the house in the weeks before your vacation.

Thermostat
Set the thermostat to a temperature, hot or cold depending on time of year, that doesn’t use unnecessary energy while you’re away.

Technology
There are smart home devices including security units you can quickly and easily install to help protect your home from interior and exterior threats while you’re away.

Smart locks, home monitoring systems, and apps for your smartphones that allow you to monitor your home from the beach hundreds of miles away are all worthy investments for your holiday peace of mind.

Mail
With a quick visit to your local post office to fill out of a simple form, your mail is held by the Postal Carrier until after your return from vacation. If you get newspaper delivery, notify your carrier of your pending holiday to hold deliveries while you’re away. Piles of mail and newspaper deliveries attracts vagrants and burglars.

When was the last time you reviewed your insurance? Don’t wait until it’s too late. Call now at 617-298-0655 or text us at 617-409-0329 for a free, no-obligation annual review. Click here to Visit our Contact Us page.

Monday Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 17 Jun 2019 17:30:00 GMT

You know that I LOVE to start my week with positive words of wisdom. Here we go:

“Sometimes, things may not go your way, but the effort should be there every single night. -Michael Jordan

Last week, I’m sure I kept you in suspense with what I mean by “Goals vs. Effort”.

The concept of ONE NUMBER is separated into three areas:

Goal
Approach
Effort

Example: What is the effort necessary to (literally) climb that mountain.

We review the trail map: there are 30 paths to get us there:

Some are difficult and challenging
Some are manageable
Others are that smooth green line AKA “a cake walk.”

The last one, more often than not, may be a likely option for some of us to take. However, we decide to plan the excursion.

We train by going to the gym for a month, and hit the stephill climber in anticipation of the mountain climb. This is the effort.

We have our provisions: we bring a liter of water and two energy bars.

Some of us worry about the goal. We may commence a level of effort we deem necessary to achieve the goal. We may not spend enough time thinking about the right approach for our goal. We may apply a lot of effort with no particular approach in mind. This could lead to us not attaining the goal to our satisfaction.

The magic is choosing and sustaining the approach. This will help to identify if there is an approach problem or an effort problem.

Let’s Create a ONE NUMBER for You !

Morning Motivation – Week of June 10 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 12 Jun 2019 11:00:00 GMT

I LOVE starting my week with positive words of wisdom. These words inspire me. I LOVE sharing the same words of wisdom with you for inspiration too! This week’s words of wisdom are:

“Setting goals is the first step in turning the invisible into the visible.”
~ Tony Robbins

Last week, I talked about setting up your “Number One” goal. An example of a goal could be focusing your marketing and sales efforts by understanding how to leverage your “One Number.”

Wait!
You may be asking, did he say “number one” or “one number?”
I said BOTH!

When I’m talking about a “number one” goal, it’s not the same as your top priority goal. For example, growing top line revenue is a primary goal.

What, then, is a ONE NUMBER goal?

The ONE NUMBER goal is a measurable numerical digit that you choose that relates to a desired outcome based on a list of goals that will grow your business.

Let’s get specific with using MY NUMBER ONE goal setting as an example:

The Goal:
I want to add to our list of referral partners.
Therefore, 5 is my ONE NUMBER goal. You choose the “by when” date.

Action Steps:
-I establish the number of calls I need to make to find new potential referral partners.
-I set out to make 30 calls weekly to prospective referral partners.
-I secure 1 to 3 new appointments with prospective referral partners.
In my experience, 3 appointments on average becomes 1 new referral partner.

Outcome:
I need a list of 150 referral partners to get 15 appointments to get 5 new referral partners .

The “ONE NUMBER” goal is 5 referral partners.

Next week: Goal vs Approach vs Effort!

Summer Preparedness: Part 1: Vacation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 10 Jun 2019 11:00:00 GMT

You’d think preparing to go on vacation would be as tranquil as the vacation. Too often it’s not. The hectic days leading up to vacation time include preparing for the departure from home and office and preparing for the vacation.

Here’s some tips that might help you prepare more efficiently…and more calmly…for your vacation.

PACKING
The dreaded packing of the suitcase ritual can make anyone crazy! Prepare for your packing process well in advance. After all, many of the clothes you’ll take on vacation are not the clothes you wear everyday, are they? Spend 20 minutes a week for the three weeks in advance of your vacation and pack small amounts at a time. Setup your suitcase in one spot, where you won’t move it. Then add to the suitcase in small increments.

IMPORTANT DOCUMENTS
Passports, credit cards, plane/train tickets, printed itineraries need to be collected well in advance and stored together. Any office supply store has perfect sized, closeable plastic envelopes and containers that are ideal for collecting your important travel documents into a single convenient location. Try to use a bright color for the container so it’s easy to find in a hurry, or in the dark. If all else fails, a resealable plastic storage bag, the kind you use in your kitchen, is a great solution too.

PHONE NUMBERS
In your address book on your Smartphone, create a new address category where you can save important phone numbers for easy access. This way, in the event of an urgent phone call you can pop open a single address category and access all the numbers you’ll need to call, text or email. Remember, you’re on vacation! If you have to make urgent contact with folks back home, you’ll want to do it quickly so you can get back to the real work of relaxing!

HOME SECURITY
Checklists are the best way to efficiently prepare your home for your absence. Windows locked? CHECK. Alarm company notified of vacation dates? CHECK. Lamp timers installed and correctly set to match sunrise, sunset? CHECK. Think like an airline pilot: create a checklist and review the checklist at least two weeks before you leave for your vacation, and then once more the night before or morning of your departure.

INSURANCE
Preparing your insurance for your vacation may be the easiest part of your holiday preparations. One call to your Independent Insurance Agent to review your insurance policies can help you determine what you have, what you will need, what you’re covered for while you’re away on vacation.

Call us today to be prepared to vacation without a worry.

Call now at 617-298-0655 or text us at 617-409-0329.

Click here to Visit our Contact Us page.

Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 05 Jun 2019 11:00:00 GMT

I LOVE to start my week with positive words of wisdom and here are this week’s:

“And what is the greatest number? Number one. ~ David Hume

We all have things that we want to achieve in our lives:
* Getting into the better shape
* Building a successful business
* Raising a wonderful family
* Writing a best-selling book
* Winning a championship

….and so on, and so on, to name just a few.

For most of us, the path to these “wins” starts by setting specific and actionable goals. This is how I approached my life, until recently. I would set goals for classes, for weight-lifting at the gym, and for the type of clients I wanted to attract to my business.

However, I realized that when it comes to actually accomplishing the tasks it takes to make progress with those specific goals, there is a better way to approach this process.

It comes down to the difference between goals and systems. Let me explain.

Let’s talk about your goals, specifically your “Number One.”

Goal: Focus your marketing and sales efforts by understanding how to leverage your “One Number.”

Overview:
* One Number
* One Job
* One Measurement
* One Source (at a time)

What is the ONE NUMBER? Stay tuned for next week!

Get Your Valuables Appraised | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 03 Jun 2019 16:13:00 GMT

Some possessions in your home are more valuable than others. These items can be a curated collection, such as fine porcelain figurines, baseball cards or comic books. Other valuable items can be heirloom jewelry or fine art pieces, including paintings, sketches, and sculptures.

The value of these special items is not defined only by a monetary figure. There is also the intrinsic value, the emotional value to you. There is a fond family memory surrounding a particular heirloom object. What about the satisfaction of assembling learning about a particular collection of items, such as sculpted glass paperweights or famous autographs. This can be appraised but cannot be monetized due to the emotional value they hold.

Your homeowners insurance likely only covers a minimal amount of these valuable items, not necessarily covering the true market value in the event of a calamity that damages or destroys these valuable possessions.

These special items need to be appraised by a professional to create a monetary record of their worth. The expense of such an appraisal is well worth the cost in the event of a claim against your Homeowners Insurance and your desire to obtain the proper recompense for the damage or loss to these valuables.

There are two avenues to obtain an appraisal of your valuable items. The first, and possibly less-costly, is to obtain an appraisal through a recognized expert. For example, a jeweler can complete an appraisal of your heirloom jewelry items. Likewise, an expert in art, or objets d’ art can be consulted to provide an appraisal opinion for other items you may own.

The second method is to engage a Certified and Licensed Appraiser. Typically we think of appraisers as professionals in the real estate trade, to appraise homes. But Appraisers are trained in specific valuation methodologies. There is a regimen that Appraisers follow to assemble a high-grade valuation of your personal property. This regimen is based on professionally-accepted standards necessary for an appraisal to be certified.

While the cost of the latter valuation method may be higher than that of an expert opinion, you may want to incur the higher cost to provide your insurance carrier with the best possible valuation. If you are using an expert opinion, be sure the documentation they use is acceptable to your insurance carrier. You don’t want to find out that your carrier will not accept valuation documents when filing a claim.

Call us today to discuss how to appraise the true value of your treasured possessions and how to understand your coverage. That’s what happens when you work with an Independent Insurance Agent! Call now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Morning Motivation – Week of May 27 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 30 May 2019 11:00:00 GMT

I find that starting my week with words of wisdom helps me to stay productive and in a positive mood. What do you think?

“Discipline is the bridge between goals and accomplishment.” – Jim Rohn

If you remember, last week I shared with you the first three “free traffic” sources for your business website : search engines, free ads and articles. Here are my recommendations for the final two sources of free traffic for your business website:

Giveaway Marketing

Offer something of value that you can give away for free. Think of an informational booklet, or even an entire book; these are good examples of giveaways. Consumers love to get free stuff, especially if there’s information they can use without committing to a purchase. With a giveaway of this nature, you’ve become a resource for someone interested in what you are providing. You’ll want to include links back to your website so that they know how to connect with you.

Participate in Forums and Online Groups

This is a free way to earn that ever-important marketing asset: trust and respect. When you participate in online forums with valuable advice and insight, you become a resource; you become a trusted professional by virtue of your online reputation. Focus on groups specific to your industry and comment on questions posted in the group. Be sure your comments are not simply stale “business card” posts with your contact information and a “call me” statement. Engage with the question by answering it. Better yet, start the conversation by posting your own questions. If you are willing to give something away, you’ll receive positive results.

When forum members get to know and trust you, they will seek you out by virtue of curiosity. They’ll visit your website at their leisure. You’ll see the organic hits to your site increase as a result. Better still, when they need your professional guidance, they’ll reach out to you directly of their own accord.

An important note about participating in online forums: timing and consistency is everything. If you visit the forums specific to your topic of interest and get involved, the likelihood of targeted free traffic to your site increases exponentially.

These are my suggestions for effective methods to drive free traffic to your site. These methods take time. But if you have more time than money at this point, I promise you, these techniques work.

Which of these five sources of “free traffic” will you try first? Hit “Reply” and let me know which works best for you. Tell me, how I can help you try something new in your business?

Agency vs. Online | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 27 May 2019 11:00:00 GMT

“You get what you pay for.”

Everyone loves to shop for a bargain, a discount, a reduced price, more features for less money. One might also say, “You don’t get what you don’t pay for.”

When you’re buying insurance, the “don’t get” part and the “don’t pay for” part can lead to you paying a lot more money than you bargained for later on when you need the insurance the most.

Your insurance is supposed to be there to anticipate risks to your life, your livelihood, your wealth and your health. If you pay for less coverage because you need to get that bargain price, you’re putting all of the above at serious risk.

Time is money. Spend your time with an independent insurance agent. The independent agent is working for your best interest, both in today’s premium pricing and in tomorrows unforeseen costs.

For me, it’s difficult to be objective on this topic. I’m an independent agent in business for several decades. I can’t be objective when it comes to protecting my clients and providing them with the best insurance their money can buy.

If your sole objective is the lowest premium price, we can certainly help you with that goal. If your objective is the best premium price with comprehensive coverage that prepares you for worst case scenarios, we can help you with that as well.

If your objective is all of the above with the added value of a trusted, local, experienced insurance professional, the one who thinks of you as a real person and not an unknown internet shopper, then the Independent Insurance Agent is the only way to go.

So, what is your objective: solely price, or price combined with quality service, local experience and good old-fashioned “looking out for my reputation by looking out for the customer” business sense?

That’s not to say you can’t get lucky and find a direct connection online with an Insurance Carrier who can provide such experience, accessibility, superior service and price. It’s easy enough to spend your time searching.

In our experience as Independent Agents, we’ve heard the stories, lots and lots and lots of stories about consumer experiences when working with online quotes and purchasing from an unknown representative on the internet. Pretty much every time, these horror stories result because the consumer focused solely on lowest price.

Too often the lowest price online quote comes with no explanation of what exactly it is the consumer is buying. The coverage can be horribly mismatched with the customer’s needs. Many times, the online quote fails to consider local conditions that must definitely be taken into account to provide an accurate insurance policy for real risks unique to a locality.

Your local Independent Agent knows about those risks that may be unique to where you live. And your Independent Agent wants to work for your best interest, not the interests of the quick “low-price” sale.

Compare next time you need to purchase or renew insurance. Consider the time spent by your Independent Agent just on the initial interview questions. Those questions, and your answers to them, affect the advice you’ll receive on the best coverage for your unique situation.

Now match that to the experience of filling in some boxes on a webpage and receiving the instant gratification of the lowest premium price in seconds! Price: great! Coverage: unknown because it relies on the consumer knowing, in advance, the eventualities that come into play when assessing your needs of future risks.

We’d love to be on one side of your comparison shopping!

Call us today to experience the true value of your money when you work with an Independent Insurance Agent! Call now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Weekly Motivation Moment | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 22 May 2019 11:00:00 GMT

The new week brings new prospects! Are you ready?

Here are your words of wisdom for the week:

“It pays to cultivate popularity. It doubles success possibilities, develops manhood, and builds up character.” – Orison Swett Marden

Last week, we talked about the importance of bringing traffic to your business website, and I promised to share some sources of “free traffic.” If ever there was a siren song of the digital age, “free traffic” is it!

Can you get free traffic to your site?
Can you build a business based on this traffic?

The answer is YES and YES. However, you must learn how to do it and you must be consistent with your activities.

Are you ready to get on that “super highway”? (See what I did there?)

Here are the main sources of free traffic:

Search Engines

Get your site listed in the venerated “top ten” search results; this is “organic” content. The most effective way to achieve organic search results is to provide quality content – lots and lots of content.

When your website proves to be a useful resource for visitors, you will do well. If you try and outsmart the search engines to get the traffic, you will be “spinning your wheels” (Oops, I did it again!), and it simply won’t work.

Create a content rich site and the search engines reward you by displaying that site when people search with the keywords within the content you provide. The content must be high quality. It must be original. Check out our Vargas and Vargas blog to see our own humble example.

Free Ads

Free ads are a mixed blessing. Free sounds good, right? They usually don’t work. That’s bad!

If you can get a free ad in a place where ads are usually sold, like the free ad you get for subscribing to classified ad sites that are visited by people, it might be worth the time. Be careful of how much time you invest.

However, the ad blasters and automated submitters do not work in my experience and should probably be avoided.

Articles

Without a doubt, marketing with articles/blogs is the #1 free traffic method. You don’t need to be a professional writer to do this. All you have to do is write a short article 300 to 500 words in length, that describes a problem people face and that provides a few solutions you know people are searching for.

Once your article is written, post to your site and to your social media channels. Submit to article directories, ezines and groups on social media. Some website owners are generous and will share your blog to get the widest possible distribution. However I personally have never had success doing this.

Write and submit an article a week and very soon your website will get interested visitors who are proven to purchase. Or, you may wish to write and post more often. Remember, “lots and lots” of content!

Next week, I will share with you the final two sources of “free traffic.” Stay tuned!

Two Steps To File A Claim | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 20 May 2019 11:00:00 GMT

Your Insurance is in place to protect you from risks that may affect your wealth and your health. When an incident occurs, you’ll want to file your claim in order to receive payment for your loss as quickly and efficiently as possible.

Luckily, there are two easy steps to ensure a smooth claim process. Best news of all, you can manage these two easy suggestions in a short time, maybe even while you’re binge watching whatever is the latest and greatest on Netflix.

#1: Paperwork

Gather your insurance policies to an easy-to-find (and easy to remember) location. You might want to consider scanning your policies to PDFs and saving those on your Smartphone, home computer, or Cloud Storage.

If you’re saving paper or scanning to PDF, be mindful with how you label each document. Using the Insurance Carrier’s name along with the purpose of the policy is helpful. For example, “ABC INSURANCE Homeowners Policy.”

Use different color post-it notes strategically placed on each paper document to easily flip through multiple policies. If you’re storing PDFs on a computer or Cloud drive, create different folders for each policy and be sure to “rename” each PDF for easy search. In a pinch you’ll want to quickly locate “XYZ MUTUAL INSURANCE 2017 PONTIAC.”

#2: Photos

Smartphones make it easy to snap photos of your belongings around your home or to grab a quick photo of damage to your vehicle after an incident. Be sure to have the date stamp feature enabled.

In your home, while running your vacuum around or changing the bed linens, snap photos in each room where you have valuable belongings. Take a photo of the entire room, too, with different angles. Capture clear, up close photos of individual valuables.

Upload your photos and save to your home computer or Cloud Storage. Or both.

We’d be honored to spend a few minutes with you to discuss how to organize your files, review to see if your valuables are insured properly or to prepare the step-by-step of the “what to do” and “what not to do” after a claim.

When you’re organized in advance, your claim can be processed efficiently. This gets you paid faster in order to begin the repairs.

You can call us now for a free educational moment or to review your existing insurance policies to be sure you’re covered for every eventuality. Call now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 16 May 2019 11:00:00 GMT

As you know, I like to start each week with a few words of wisdom.
This week’s quote is:

“The Internet is becoming the town square for the global village of tomorrow.” ~ Bill Gates

Last week, we chatted about working on wealth. This week, let’s switch gears a bit and talk about “traffic”.

When it comes to making money, whether it’s online and/or offline, there are three elements you must include in order to succeed:

A product or service to sell
A compelling website that moves a buyer to buy
People visiting your site

That third step stumps most business owners.

When folks visit your website, that’s known as“traffic”. Driving traffic to websites is the topic written about, discussed, pontificated about, stressed about more than any other. Don’t stress about it! I’ve got you covered! I like to keep things simple and easy to understand. Here are some simple thoughts on how to push traffic to your website.

There are two types of traffic: free (or organic) traffic and paid traffic. Organic traffic simply means folks are visiting you with no “artificial” encouragement. And, yes, that “artificial” encouragement happens when you pay to drive the traffic to your site. Either way, organically or paid, you’ve managed to get your website’s image, profile, address in front of someone’s “eyeballs.” And those eyeballs lead to clicks; clicks lead to your website.

Let’s be realistic, everybody pays. It could be your time; it could be with advertising dollars. Sometimes, it’s both. Paying with your time means you’re creating engaging content that tracks on search engines. Paying with your time can also mean you’re personally engaging with folks online, and they’re interested to find you. Paying with your money, well, that’s Google ad-clicks, Facebook advertising, and other well-placed marketing activities.

In a nutshell you get traffic to your site when it’s paid or organic traffic. Nothing more. Nothing less.

In my next message, we will take a look at each type of traffic-engine and see how they work.

I will explain and demonstrate examples of ‘free traffic.’

Carlos

Life insurance when starting out in life | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 14 May 2019 20:08:00 GMT

Most people think of life insurance as something you get when you’re older. However, as Vargas & Vargas Insurance, serving Dorchester, MA explains, you should really purchase a policy when you are in your 20s, just starting out in life.

The fact that you are young and not as likely to die as an older person is to your advantage since that means your premiums will be far less expensive. You should carry life insurance just in case an unexpected fatal illness or an accident should take you away from your loved ones.

A life insurance policy is generally used to replace lost income for a spouse and children who have grown to depend on it. Even if you are currently single, carrying life insurance is still a good idea. You may start a family later and can then add a spouse and children as beneficiaries as your circumstances change.

The other purpose of life insurance is to pay your outstanding debts. These might include funeral expenses and health care costs if you were taken by a lengthy illness, such as cancer.

A young person is also likely to have a substantial college loan balance. While federal loans are as a rule canceled and discharged upon the insured’s death, the same cannot be said for any private loans you may have taken out, perhaps with your parents as cosigners. Lenders expect the cosigners to pay off the debt even if the person carrying it has died. A life insurance policy will allow your parents to pay off the private loan at your passing.

For questions on life insurance, feel free to contact Vargas & Vargas Insurance, serving Dorchester, MA.

4 Things Your Policy Should Include | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 13 May 2019 11:00:00 GMT

Shopping for Homeowners Insurance is often rushed and daunting. And exhausting. In the flurry of activity leading up to a Home purchase closing, the harried home buyer may speed through the insurance process with the goal of quick and cheap. Let’s slow down ever so slightly!

Take your time and ask your insurance agent if the quoted policy includes the following 4 vital coverage parts. Your standard Homeowners Insurance Policy covers you in the event of damage from fire, lightning, hail, and explosions.   However, these 4 items are not automatically included.

#1: Higher Liability Coverage. The dollar value of an insurance payout in the event of a claim is often the number one most overlooked and undervalued part of a quickly-quoted insurance policy. We like to explain liability coverage to our customers like this: imagine if someone fell on the pathway leading up to your front door. Imagine that person suffered a serious injury, such as broken bones. Now imagine that person, whether friend, family, or otherwise, hires an aggressive Personal Injury Attorney to receive compensation for pain, suffering, and medical bills.   Do you think that $300,000 liability coverage is sufficient payout in such a dire event to protect your other cash assets (your bank accounts, your retirement accounts, your children’s college fund)?   Whether it is or is not sufficient, do you want to gamble your wealth away with insufficient liability coverage?   Consider increasing your Liability Coverage to at least $1,000,000.

#2: Storm Damage. Severe weather over the past dozen years or so has cost Homeowners considerable sums of money. These Homeowners lived in contentment with their homeowners insurance policies thinking they were covered for all kinds of occurrences. When the severe weather hit—storm surges from oceans, rivers, and creeks; high-wind conditions; flooding inside basements from ground water saturation due to heavier than normal rains—too many Homeowners discovered to their dismay the lack of coverage for damage sustained due to severe weather.   Discuss flood insurance with your insurance agent.

#3: Power Outages. Should your home lose power for a sustained period of time you could experience loss of foodstuffs due to your refrigerator not functioning. Adding this extra coverage to your policy protects your money…and your food.

#4: Additional Coverage for “earth-movement”. Have an in-ground pool in your backyard? If you live in an area prone to earthquakes, landslides, or sinkholes, you’ll want to add additional coverage to your standard policy to protect your assets and your home against these risks.

We’re happy to spend the time necessary to educate you on the best comprehensive insurance for your Home. Call us today!

Call now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 08 May 2019 11:00:00 GMT

Are you ready for another great week? My words of wisdom for this week are:

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~ Unknown

Do you recall last week’s message about being wealthy? I promised to share my favorite tips on how to work on your wealth.

I cannot tell you how many likes on Twitter I get or what’s currently trending on TV. I know I’m not great at writing email messages (without a copy editor) but I have ideas; I jot them down and forward to the editors.

I know what people are up to because they share with me how they are doing. From the classes I facilitate at real estate offices and from my coaching clients, I continue to acquire wealth in knowledge and relationships.

Learning and connecting is how we navigate each day.

We would love to assist with your friends and family as they try to navigate the learning and knowledge necessary to make your insurance work for you when you need it.

There is no obligation for us to provide a comparative quote to help gain knowledge and maybe even a new relationship with our agency.

Next week’s message will discuss directing traffic to your business.

3 Things Not Covered | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 06 May 2019 11:00:00 GMT

We encourage people to conduct an annual review of their insurance policies. Too often, when consumers purchase insurance, they approach the transaction with an eye towards prompt resolution and a focus on price. This formula of speed+money is a formula for failure in the event of a future claim.

The reason is simple. A carelessly prepared insurance policy, one prepared in the heat of the customer’s desire for a quick resolution and demand for lowest price could result in a “skeleton” policy that may not properly cover the consumer for a catastrophic eventuality.

The quality insurance agent, interested in protecting the consumer with the best possible risk coverages, and in protecting their own professional reputation, will take the time to educate the consumer and provide a comprehensive insurance policy.

You may be surprised to discover that there are 3 items, indicated below, that may not be covered by your current Homeowners Insurance Policy. Spoiler alert, #3 may surprise you! We’re happy to assist you with a comprehensive, careful, review of all of your insurance needs. And, education is a key element to how we’ll proceed with assisting you to fully understand risks you can protect for with the right insurance.

#1: Sewer Backup. Whether your home is connected to a public sewer or you have a septic system, a backup due to a blockage, storm-surge, or other calamity, can damage electrical systems, furniture, floors, and precious possessions. Standard homeowners insurance policies may not cover you at all for such damage or may only provide very limited coverage. You can upgrade to more comprehensive insurance to include special coverage for sewer backup.

#2: Precious Collectibles. Basic insurance policies may not cover your stellar baseball card or antique cookie jar collections. If the policy does cover your collection, the limit of coverage may be far below the actual value of your collection. When you review your insurance, be sure to mention your collection and an assessment of its value. To be sure, consider obtaining an independent appraisal of your collection to include that with your upgraded, comprehensive Homeowners Insurance policy.

#3: Termite infestation and damage. Not covered by a standard, basic policy. Period. Depending on where you live, especially in the Northeast of the United States, termites and the damage they cause are a real and impending menace. Homeowners often realize there’s an infestation long after the termite colony has ensconced itself within the wooden borders and interior of your home. The cost of treating and removing the infestation, along with the costs of repairing the damage, can easily escalate. Be sure to address these concerns in your annual review. Consider also contracting with a local exterminating company to inspect your home annually for these nasty pests.

Insurance involves assessing a future, unknown risk. That risk could affect your health and/or your wealth. A carefully prepared insurance policy protects you for a comprehensive array of possible risks. But in the rush to purchase the insurance, the consumer shops without the appropriate due diligence. And, in the interest of making the sale, an insurance agent may simply provide the basics of a policy to appease the consumer’s request for speed and low price.

Call us today for your free annual insurance review. We’re thrilled to spend the time with you to find you the best policy that comprehensively protects your health and your wealth at an affordable price!

Call now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Morning Motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 01 May 2019 11:00:00 GMT

I’ve got a mug of Ethiopian Limu from my local favorite coffee roaster Flat Black Coffee . I made it for myself in my Bialetti coffee maker. How about you? What are you drinking? Comment below, I’d love to hear from you!

As you know, I like to start each week with some words of wisdom, this week’s words, with my awesome coffee in hand, are:

“Wealth is the ability to fully experience life.” – Henry David Thoreau

The future is coming quicker than you think! In fact, the future is here and it’s NOW!

You need to learn about data and new concepts like the Internet of Things . You need to understand how technological changes like artificial intelligence (AI) will affect businesses. I’m not saying to imagine that you need all of this, because you do. I’m saying the future is coming. So now, imagine how you will feel when the future arrives on your front doorstep. Will you feel overwhelmed?

The way to avoid feeling overwhelmed isn’t just learning about the latest trend. You can’t possibly learn fast enough to “keep up.” Keeping up is overwhelming. Calm yourself down by knowing your spot.

If the marketplace is shifting, where do you want to go? How do you fit? How can you contribute? This is your spot, and you must know it.

If you sell real estate: make a smart website and make it easy for anyone and everyone to find you.

If you are in the mortgage business: answer all the questions that people have when buying a home so you are considered a resource and you become the first call they make for all things, MORTGAGES.

If you were hired into a new role, where do you go to figure out new stuff required for the new position?

The prerequisite is: Learn something.

Connect with others and listen to their perspective and their resources. Then learn more from them and from your own efforts. That’s how you’ll get through all these changes. That’s how you’ll figure out where you fit, what matters, etc.

Think of how these changes will hit from all angles. For instance, if you run a vacuum store and Roomba vacuums are the future, how are you going to position yourself in front of potential customers so you’re top of mind to solve their problem? How do you compete?

Connect with people. Listen to their perspective. Learn what’s trending.

Next week, I want to share some tips with you on how you can work on your wealth. Don’t forget to comment about the morning beverage—coffee, tea or other—you’re drinking to commence your awesome day!

Carlos

Main Condo Furnace Fails | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 29 Apr 2019 11:00:00 GMT

If your Condominium unit gets its heat from a main furnace controlled and maintained by the Condominium Management, but it’s not part of your unit for which you are responsible, you may have some interesting insurance challenges should the furnace fail during the cold winter months; and you experience damage inside your unit.

When you own a Condo you are covered by two different Insurance policies. The “Master Policy” for the Condo Building, generally covers all the common areas of the Condo. It does not cover the inside of your Condo unit.

You insure the interior of your unit with your own insurance policy, typically called a HO-6 policy. This insurance very much resembles renters’ insurance for apartment-dwellers. The premiums for an HO-6 policy are typically reasonably affordable. These policies insure you for any claims you may have inside your Condominium unit.

But what happens when the main condo furnace goes out and you have damage in your unit?

We recommend the following as your logical course of action:

1. Immediately contact the Managing Agent and inquire about filing a claim against the Master Insurance Policy for the Condo. You should expect that you’ll run into some resistance here from the Insurance carrier for that Master Policy. They’ll attempt to direct you to your own HO-6 Insurance policy since the damage is inside your unit.

Remember, that damage was caused by the main furnace failing. Stand your ground.

2. Assuming you are successful in filing a claim against the Master Policy, you still may need to file a claim against your HO-6 policy for the finer points of items that would not covered at all, or not covered to the full extent of value for your precious belongings inside your Condo.

Review your current insurance policy now to be 100% sure you have all the appropriate coverages before it’s too late.

We’re happy to provide a free consultation to review your existing Master Policy and your HO-6 policy. We want you to know the extent of your existing coverages for your protection and to help assure you of any additional coverages you may need.

The review is free of charge. Call us now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Water Leak in Your Condo? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 22 Apr 2019 11:00:00 GMT

If you own a Condominium (Condo), you may have equipment both inside and outside your unit for which you are responsible. In a closet inside your unit would be your water tank. There is also an HVAC unit that may be just outside your unit, to heat and cool your home. Most of the time, you ignore these two quiet workhorses that keep you in comfort all year round.

Shockingly, every once in a while, and sometimes suddenly, the equipment may fail and need repair. Most often and most inconveniently, the HVAC will fail when the temperatures outside are the hottest or coldest, depending on the time of the year. Thus, only your comfort is compromised.

However, every once in a while, these machines break down and leak. With water. Lots of water.

If your HVAC unit is outside your Condo, this may not be as terrible of an event, unless you own a Townhouse and the unit is in the basement and there’s a danger of the water seeping into your basement.

But it can be really bad if you’re on an upper floor and one or several of your Condo neighbors lives below you. Water loves to follow the powerful attraction of gravity: downward. Downward towards your neighbors’ Condo unit!

Yes, your first step is to call the emergency number for your equipment repair tech. If you’re not sure, call the property manager so they can dispatch someone immediately to mitigate the damage. If the property manager is not available, call your local insurance agent who will have access to reputable Restoration Services companies. They all have emergency lines so you’re covered seven days a week.

In the event of a leak which could lead to a potential claim, mitigating the loss is critical and required under your insurance contract. You’ll want the restoration company onsite as quickly as possible to dry out all the water and repair the water damage. Do not forget to take photos of the damage before the restoration company arrives. It’s key that you document the extent of the damage at the time of the event. This also mitigates any confusion or misunderstanding of the extent of the loss when the claim is settled. The key word here is “mitigate” .

You don’t want to be caught by surprise when a leak happens all over your downstairs neighbors’ precious Star Wars toy collection. Review your current insurance policy now to be 100% sure you have all the appropriate coverages before it’s too late. The review is free of charge. Call us now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Why you need to have home insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 15 Apr 2019 14:00:00 GMT

Buying a home in Dorchester, MA can be a great long-term investment. When you do purchase a home, there are many important decisions that need to be made. One decision that you will have to make is in regards to home insurance. There are several reasons why you need to have home insurance on your property at all times.

Protects Your Valuable Asset

When you purchase a home, you will be making one of the biggest investments of your life. Eventually, the equity in your home can make up a large percentage of your net worth. Because of the importance of this asset, you need to make sure that you have it properly protected by home insurance. This will ensure that you are financially protected if the home is damaged by a fire, bad weather, or another issue.

Liability Coverage

When you have your own property, you are also taking on liability risk whenever someone comes into your home. If someone is hurt while they are on your property, you could be found liable. Having a full home insurance policy in place will provide you with protection in these situations. If you are found liable and are sued, your home insurance policy will trigger and provide you with the protection that you need.

Having insurance on your Dorchester, MA is very important. Since you need to make sure that you are properly covered by insurance at all times, you should speak with the team at Vargas & Vargas Insurance to discuss your home insurance needs. Vargas & Vargas Insurance can help you to figure out what the best home insurance coverage is for your situation and can get you into a great policy.

Review Condominium Financials Before You Purchase | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 15 Apr 2019 11:00:00 GMT

Condominium (Condo) Buyers should obtain and review the financial statement of the Condo as part of your purchase process. Have the statement reviewed by a professional such as an Attorney or CPA. The financial health of the Condo can affect you in the future as you settle into ownership of your Condo unit. The financial statements can also give you a good indication of the competence of the Condo Board and Managing Agent.

Condo Complexes on the smaller size may be exempt from having their financials audited. The ByLaws will identify if an audit is required. Audited financials means the CPA firm has verified the numbers presented in the statement rather than compiling from information provided by the Condominium Board Members and/or Managing Agent.

The financial statement should cover the previous two years (three is preferable) and often a Year-to-Date statement. A Financial Statement includes:

Income and Expenses for the entire Condominium. This is also known as “Operating Statement.”
Balance Sheet demonstrating Assets and Liabilities.
Cash Flow Statement.

Some key areas you want to focus on include:

Reserve Fund (for major capital repairs and improvements),
Cash Flow to determine if the building is taking in as much money as it is paying out monthly, Maintenance Fees owed (an indicator of the financial responsibility of your soon-to-be-neighbors),
Footnotes.

The financial well-being of your future home is as important to the transaction as every other aspect of your purchase. Request the Financial Statement as early as possible in the negotiating process, even before you’ve presented your Offer, if possible.

Review your current insurance policy now to be 100% sure you have all the appropriate coverages before it’s too late. The review is free of charge. Call us now at 617-298-0655 or text us at 617-409-0329. Click here to Visit our Contact Us page.

Inspect Your Your Condo | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 08 Apr 2019 20:05:00 GMT

Condominium Buyers often ask:

Should I have an inspection done by a Certified Home Inspection service?

The answer is a definitive YES!

While a Condominium (Condo) typically features construction and/or maintenance features addressed by Condominium Management, the Buyer should conduct an inspection for two main reasons.

First, the interior of the Condo. This area is not the responsibility of Condo Management. A Buyer needs to be aware of concerns such as deferred maintenance for appliances, windows, bathroom fixtures and interior plumbing. You want to avoid a costly repair in the first 3-5 years after your purchase. Likewise, the Condo Buyer needs to be aware of potentially catastrophic issues that could cause reconsideration of the purchase. Lastly, the inspection may reveal items that are of immediate concern, leading to a request for a repair or pricing credit from the Seller.

The second reason you want to complete an inspection is to determine the overall “physical health” of the Condo. A roof in need of a future repair is as much of a concern to a Condominium Buyer as to a Home Buyer. Any repairs to the common areas of a Condominium are paid for from the “Capital Expense Reserve” fund. Should there be a major repair on the near horizon, such as a roof replacement, the Condo Buyer wants to determine there are sufficient funds in the Reserve Fund to cover the cost of repair. Otherwise that Buyer, once they are an Owner, could be subject to an assessment or multiple assessments as well as an increase in the maintenance fee, resulting in an increase in their monthly payment.

The bottom line answer to the question posed by Condominium Buyers is a resounding yes when it comes to obtaining an inspection by a Certified Home Inspection service as part of the purchasing process.

Can You Take out a Life Insurance Policy on a Child Before it is Born? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 11 Mar 2019 14:00:00 GMT

Life insurance is something that everyone can benefit from and that many new parents take into consideration. That being said, those looking for insurance might be wondering if you can take out a life insurance policy on a child prior to their birth. Put simply, you cannot. For those that live in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you determine what type of insurance you can have.

If you or your spouse is expecting and you want to take out a policy on your unborn child, you will have to wait until the child is born and until it has been assigned a social security number. If you are expecting and want more coverage, you may want to look into taking out more coverage on the pregnant woman that is carrying the child until such a time when the child is born. You can take out extra coverage on the pregnant woman and that may help cover any issues that could potentially take place. It is necessary for the child to be born and for a social security number so that the child can be accounted for and so that the policy can be tracked as well.

If you are a parent of a child that is not yet born, you may want to talk with an agent to see if there is another type of insurance you can take out to protect your unborn child prior to its birth. For those that live in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you find a policy that works for you and makes you feel fully protected and secure no matter what.

Make Sure Your Valuables are Covered by Your Home Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 11 Feb 2019 15:00:00 GMT

Natural disasters can put your home in Dorchester, MA, and all your personal belongings at risk of damage or total loss. Home insurance can help mitigate that loss. Standard homeowners insurance, however, comes with limits on how much protection you receive for personal belongings. This protection may not be enough to replace valuable goods if they are stolen or damaged. How, then, can you make sure your valuables are covered under your home insurance policy?

Purchase an Endorsement

An endorsement is additional insurance you can obtain to fully protect valuable items. The first step towards getting this coverage is to have your valuables appraised to determine their worth. You’ll then have a better idea of the kind of protection you need.

There are two kinds of endorsements you can obtain for your valuable items: blanket coverage or individual floater. Blanket coverage enables you to protect entire collections of goods such as jewelry, stamp collection, coin collection, fine art, wine collections, etc. Floaters or riders cover specific items such as one painting or piece of furniture. At Vargas & Vargas Insurance, we can help you select the best option for your valuables so you can get the insurance protection you need.

Benefits of Endorsements

There are numerous benefits to obtaining an endorsement for your valuables. Endorsements give you greater control over insurance protection for valuable goods, up to the replacement cost of your valuables. They also protect you against more perils than standard policies to include pet damage, accidents, and mysterious disappearance. Under many policies, floaters have no deductibles, saving you from having to pay anything out of pocket when making a claim.

If you’re looking for additional protection for your valuable goods, contact us at Vargas & Vargas Insurance in Dorchester, MA.

How Do I Know if My Car is Eligible for Classic Car Insurance? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 21 Jan 2019 15:00:00 GMT

There is nothing quite like seeing a class car rolling down a city street, especially when it is contrasted by a mass modern vehicles. Antiques exude a class and elegance that are seem to be lacking from most cars manufactured nowadays. This is why it is important to protect and preserve classic cars that have survived the test of time. Many have a special place in history, such as a Ford Model T. If you are fortunate enough to own a classic car, be sure to consider purchasing an insurance policy that will specifically cover your prized vehicle. Vargas & Vargas Insurance in Dorchester, MA will be able to give you more information on classic car insurance and let you know if your car meets the qualifications.

Classic Car Insurance Eligibility

In order to qualify for classic car insurance, your vehicle must meet certain requirements. It can either be classified as a ‘classic car’ or ‘antique car.’ Here are the distinguishing factors between the two categories:

Classic car – A vehicle that is 10 to 24 years old with historic interest, such as a muscle car or hot rod.
Antique car – A vehicle that is 25 years or older with historic interest.

Additionally, you must be able to prove that your vehicle will be used on a very limited basis, that it has been preserved in its original condition (or in the process of being restored), and that it will be stored in an enclosed building or storage unit.

Whether your classic car holds sentimental value for you or restoring antique vehicles is a just a hobby, it important to protect its worth. It would be a shame for an unforeseen incident to destroy a piece of history that you hold so dear. Contact Vargas & Vargas Insurance in Dorchester, MA if you are interested in learning more about classic car insurance.

Does renter’s insurance pay if I have to relocate? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 31 Dec 2018 15:00:00 GMT

You had to purchase renter’s insurance to sign the lease. Now, you have to relocate for a period due to matters that are beyond your control. Will your renter’s assurance policy in Dorchester, MA cover the costs associated with such an uprooting? Read on to find out. Contact an agent at Vargas & Vargas Insurance to learn more about renter’s insurance.

What is renter’s insurance?

A renter’s indemnity plan is a financial security net for individuals who lease or rent property. Much like homeowner’s insurance, a renter’s indemnity plan protects your possessions in the event of the apartment flooding and destroying your goods. A plan may also guard against financial turmoil for minor alterations that you make to the interior structure in efforts to make the place feel like your own.

Is assurance required?

There is no state law that mandates every renter obtain an assurance policy if they rent or lease in Dorchester, MA. Some landlords, however, may require that you purchase renter’s insurance so that you do not sue them for recompense should your goods be stolen or damaged while you reside on their property. You should look into renter’s insurance even if buying a policy is completely optional. Why would you want to forgo financial coverage?

Does renter’s insurance pay if I have to relocate?

Your renter’s insurance possibility may not cover relocation expenses. Such is the reason why you should speak with an expert from Vargas & Vargas Insurance to discuss your options and explore the possibilities of coupling umbrella insurance with your renter’s indemnity plan. Contact our office today to begin a quote and start your life of financial security with the added safety net of a good assurance policy!

Morning Motivation – Week of December 17, 2018 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 20 Dec 2018 11:00:00 GMT

Are you getting your week off to a good start, friend?

I have a question for you – Do you ever feel like you’re not good enough to do something?

In my message last week , I told you all about how I was encouraged by the state of the independent insurance industry as I was at an IOA conference that I attended recently. At that conference, I also spoke on using video in business.

I told the whole room full of people during my speech that their excuses as to why they weren’t making videos were dumb. I said, “You’re worried that you’re fat. I am fat, and I am definitely not the handsomest guy in the world. You may worry that you are too old, but I am old. The truth is, you are. You’re fat. You’re ugly. You’re old, face these facts and make videos anyway.”

It got laughs. SOME of the people that laughed probably thought, ‘Carlos just called me out on my BS and he’s right. I’ll make a video.’ Other people laughed in that nervous way that showed they were worried I was looking into them.

Here is the point: Sometimes you’re a loser. So what? I am… Still. After all these years. And then I’m a winner. And then I’m too fat. And then sometimes I get the bug to get fit again (feel like it just bitten me again on this last trip to hit the gym).

If I tell you how often to send an email out, great. If you ask me about the mechanics of podcasting, wonderful. But who cares what you’re doing as long as your audience perceives it as valuable?

Here is a hint: no one cares if you’re successful as much as they care that you’re helping them solve a problem in their lives. I mean, they want you to win, want you to be okay, etc. But if you’re connecting with people for your business, it’s not like they’re losing sleep over you.

In all cases, the stories I’ll remember most were the ones where someone was real with me. People who were willing to be vulnerable made me want to reach back and help.

But the ones who I asked how they were doing and they responded “great” and “busy” – not so much!

Thank you for reading!

Carlos

These Distracted Driving Activities Will Shock You! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 17 Nov 2018 17:24:00 GMT

Everyone admits to taking their eyes off of the road or their hands off of the wheel at one time or another while driving. While we hope that all Vargas and Vargas Insurance customers only do this to occasionally adjust the radio, there are some pretty shocking actions people perform while driving that will blow you away.

In a recent survey by Erie Insurance in Pennsylvania, over two thousand adults over the age of 18 were polled, and the data that they found is below.

Texting While Driving

Distracted driving accounts for many accidents, and texting is one of the top causes of distracted driving in today’s world. Even though most states in the US ( including Massachusetts ) ban texting for all drivers, 30% of respondents to the Harris Poll by Erie Insurance admit to texting while driving, and a whopping 75% say that they have witnessed others text while driving.

Delving deeper into the data, you will find that men are more likely to text while behind the wheel than their female counterparts (32% and 28%, respectively). Also, it probably won’t surprise you to learn that younger drivers tend to text more. Here are the breakdowns of how many people admit to texting, by age group:

51% of 18-34 year olds

39% of 35-44 year olds

33% of 45-54 year olds

14% of 55-64 year olds

7% of drivers aged 65+

The survey also revealed one more tidbit about texting and driving that was slightly uplifting: when you divide the nation into regions, drivers in the Northeast text the least at 24%. Drivers in the South, however, tend to text the most at 35%.

Other Driving Distractions

While texting is undoubtedly one of the most prolific distractions that drivers engage in on the road, it is not the only one out there. In fact, the survey unearthed several other reasons for distracted driving that will probably leave you shocked, or, at the very least, puzzled:

15% of drivers admit to kissing or other PDA

15% of drivers admit to styling their hair

9% of drivers admit to changing clothes

8% of drivers admit to applying makeup

4% of drivers admit to brushing or flossing their teeth

4% of drivers admit to taking selfies

3% of drivers admit to changing drivers

3% of drivers admit to using the bathroom

Regardless of the motive, all distracted driving is dangerous. Here’s a fact that also may shock you: every day in the United States, approximately 1,153 people are injured and 9 people are killed because of distracted driving.

Please, put your safety (and the safety of others) first when you’re driving. Stay focused on the road, and make sure to speak up if you see a friend or family member taking part in distracted driving activities. Here at Vargas and Vargas Insurance Agency, we work each and every day to make sure that you and your loved ones are protected, and putting a stop to distracted driving would mean a huge leap forward in safe driving practices in Massachusetts and nationwide.

Winter Motorcycle Safety Considerations in Dorchester | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 15 Nov 2018 15:00:00 GMT

Cold weather in Massachusets comes early in the fall, so motorcyclists will be able to enjoy the fall foliage in the chilly air. When it changes to icy and even colder there are some safety considerations for drivers that must be considered. At Vargas & Vargas Insurance we want all drivers to be safe throughout our beautiful state. We deliver quality insurance to clients in Dorchester, MA and the surrounding areas.

Winter Motorcycle Safety Tips

Wear your helmet. Helmets are required under Massachusets law, however, in the winter they offer more than a lifesaving exoskeleton. In the winter helmets protect your face and head from the extreme elements that your face can be exposed to on a normal daily ride.
Layers are a necessity. Many bikers will wear motorcycle gear to protect their skin however in the winter a bit more is needed. Layers to hold your own warmth to your body on the underside in addition to the layers to block the icy wind on the outside can feel like a lifesaver in frigid months.
Handguards are needed in the winter months because riding gloves are not enough to block the brunt of the wind and thicker gloves can decrease your hand’s mobility putting yourself at risk while driving.
The roads in winter also present their own hazards due to the ice patches, snow, and the salt used to melt the ice. These things can present safety hazards and affect the workings of your bike so driver beware of the road as well as yourself.

Call us as Vargas & Vargas Insurance for quality motorcycle insurance, and remember to keep safe on the roads this winter while you travel in and around Dorchester, MA.

Morning Motivation – Week of November 12, 2018 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 15 Nov 2018 11:00:00 GMT

Happy Monday again, friends !

When was the last time you did something new or challenged yourself? That is the theme of the day, as we start with this week’s motivational quote:

I went WAY outside my comfort zone last month – I was the keynote speaker at a mastermind group of plumbers, A/C and heating folks from around the country that met in Boston. You can watch the video here , if you like. If you knew me 5 years ago, you would say “That’s not Carlos! He does one-on-ones well, but in a group or even standing up in front of a group, no way. He will never do it.” Well, after hundreds of presentation to real estate, mortgage and closing attorneys over the past 5 or 6 years, I stood up in front of this huge group and talked about community marketing and getting freedom in business while the telephone rings with quality people who want to use their business. I also talked about how these people could spend more time doing what they want to do with the people that they love. (Do you want the same thing ?)

The presentation went well (as you can see at the end of the video), and the high that I walked away with after the presentation lasted into the next day. When I walked into the house my wife Kathy asked how my presentation went, then she said “I see how you are, you must have done well!” She said the next day, “You should do more of these, you are still floating on air.” For the last couple of years I have lived for presentations!

As I talked about in my message last week , like when we learn how to ride a bike, play a new video game, or try a new marketing technique, you need to do it over and over and over again to master it. The more you can do that “new thing” to make it into a habit, the more it will truly stick and become a natural part of your life. When you try something, give it (and yourself) a fair chance. For example, say you want to try taking just one small step forward toward overcoming procrastination. If that is your goal, use you new trick each day for at least a week in school or at work before you evaluate whether it will work for you.

Thinking, hoping and expecting that positive results will come quicker than may be possible can hold you back from making real progress.

The question now is: In what aspects of your life do you want to improve? Stay tuned for my email next week to read about a challenge that I have been taking on in my life.

Carlos

Is Motorhome Insurance Mandatory? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 31 Oct 2018 19:43:00 GMT

A lot of families pack up their camper for a road trip during summer. It’s one of the best ways to travel and see the country with your family. But if you own or are considering getting a recreational vehicle, commonly referred to as an RV or a motorhome, you may be confused on whether or not you need a motorhome insurance. When it comes to motorhome insurance, many factors come into play and laws vary from one state to the next. In Massachusetts, for instance, you will be required to carry valid liability insurance to drive legally. But do you need a separate insurance for your camper or fifth wheel when driving on Massachusetts roads? Well, not necessarily. But the fact that you may not be legally obligated to carry motorhome insurance for your RV doesn’t mean that you shouldn’t. At Vargas & Vargas Insurance in Dorchester MA, we can help you choose a motorhome insurance coverage that makes sense for your situation. When Is Motorhome Insurance Required? One critical factor that comes into play when it comes to deciding whether you need a separate motorhome insurance policy is the class of the RV. There are three major classes of RVs i.e. class A, B, and C. Class A motorhomes include long RVs such as luxury coaches. The small class of recreational vehicles are covered in class B and include camper vans, travel trailers, and cargo van type designs. Fifth wheels and other vehicles whose camper portions extend over the cab area are in Class C motorhomes. You definitely need a separate motorhome policy if you have a Class A or Class B motorhome. You may also need motorhome insurance if your RV is a rental or if you don’t own it outright. Find the right coverage for your camper or motorhome at Vargas & Vargas Insurance in Dorchester, MA. Give us a call if you need more information on motorhome insurance.

Do I need umbrella insurance for a startup business? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 18 Sep 2018 15:07:00 GMT

Most startup businesses operating on a tight budget make the mistake of not prioritizing insurance. What these business owners fail to understand is that it takes a small accident or disaster to lose all that they have worked so hard to build. An umbrella insurance policy from Vargas & Vargas Insurance will help you protect your startup business against disasters in Dorchester, MA.

What is umbrella insurance?

The purpose of umbrella insurance in your startup business is to supplement underlying insurance policies such as general liability and auto insurance policies. The insurance policy provides you with an extra buffer of financial protection when you have exhausted your other existing insurance coverages. Depending on your preferences, the umbrella insurance policy can cover more than one of your other insurance policies. Your umbrella insurance policy kicks in when your existing insurance policy has been exhausted or in situations where some claims are not covered. Umbrella insurance will provide extra coverage for various risks including restitution for injuries and paying for litigation costs.

Does my startup business need umbrella insurance?

Your startup business in Dorchester, MA is definitely predisposed to a wide range of risks or mishaps. Just as the small business requires other insurance coverages, it also requires umbrella insurance. In addition, most insurance policies don’t cover every risk that your startup business is potentially facing. There are certain claims your startup faces that are not only rare but also very costly. Therefore, protecting your business’s assets with an umbrella insurance policy is very important.

Umbrella insurance can also help you save money. When you raise the limits of your individual liability policies, you will also have to increase your premiums. But with umbrella insurance, you will get the extra coverage buffer without worrying about the limits of your other individual policies. This is a rainy day coverage that you can get without breaking the bank.

Unfortunately, most people think that umbrella insurance is for big businesses or the rich in the society with a lot of assets to protect. But, even a small accident in your startup business can lead to claims worth large amounts of money, especially if the accident was serious. Protect your startup business idea today by purchasing an umbrella insurance policy from Vargas & Vargas Insurance.

Does Flood Insurance Cover the Cost of Associated Medical Bills? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 27 Aug 2018 14:56:00 GMT

Flood insurance is something that is very important if you live in areas where flooding is frequent, and it does cover a wide range of things. Flood insurance covers more than you might imagine and if you take out special policies that cover extra, you can have a policy that is fairly comprehensive. For those that live in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you to find the policy that you need.

Flood insurance as a general rule covers things like the repair of homes that have been damaged, mold mitigation; sometimes it covers the cost of a place to stay while your home is repaired and more. In some cases, you can get an illness or medical bills associated with flooding covered but, in most cases, your health insurance is going to cover any medical bills. You can take out particular flood policies that have medical coverage built in, but for the most part, it is going to be best to use your health insurance to cover your costs.

For those that do need to use flood insurance to cover medical costs, you need to make sure your policy covers medical expenses. Most flood policies are only going to include the replacement and repair of items and the home. You need to take the time to really look at your coverage and you need to make sure you understand the ins and outs of flood insurance. For those that live in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you to find the perfect flood policy so that you can get the coverage you need to keep your home safe no matter what disaster may befall it.

When Can You Claim Your Condo Insurance? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 01 Aug 2018 21:22:00 GMT

You can claim your condo insurance in case of a covered risk. Different condo insurance policies cover different risks. As the policyholder, you need to know the kind of risks that your condo insurance policy covers. Get the help of an insurance agency such as Vargas & Vargas Insurance in Dorchester, MA to find the best condo insurance for your needs.

When You Can Claim Your Condo Insurance

If You Lose Your Personal Possessions

You can claim your condo insurance if you lose personal belongings such as furniture, electronics, clothing, or jewelry in your condo as a result of covered perils such as theft or fires.

If You Incur Additional Living Expenses

If your condo is damaged by covered risks, it may become unsuitable for you to live in. You can claim your additional living expenses coverage to pay for the unplanned costs of living such as hotel bills. The policy can offer you compensation for the period it takes to repair your condo.

If You are Liable For Property Damage or Personal Injury

You can claim your condo insurance if a visitor gets injured in your condo. If, for example, a guest trips and falls down your stairs, you can make a claim to pay for their medical costs. You just need to be sure that the fall is accidental. If they choose to sue you, you can make a claim to pay for the legal charges. You may also file for a claim if you lose or destroy the property of a visitor in your condo unit.

If There is Damage to Structures of Your Condo

You can file for a claim if insured risks cause damage to your condo units. The risks could include fires or vandalism.

Contact Vargas & Vargas Insurance in Dorchester, MA for your home insurance needs. Our agents can help you get started.

Why Does the Cost of Auto Insurance go Down when You Turn 25? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 20 Jun 2018 14:00:00 GMT

We all want to save money on things like insurance because we are paying for it anyway. That being said, some drivers are what insurance companies consider high-risk drivers which leads to higher rates across the board. So what makes the magic age of 25 different? For those in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you answer this question in more depth.

High-risk drivers are often those that are considered either inexperienced or with less to lose in the case of an accident. High-risk drivers are also those that have statistically been placed in the category due to things like gender, age, and location. Drivers under the age of 25 are considered to be drivers with less experience and therefore drivers that are more likely to be in a traffic accident. When you turn 25, you can contact your insurance agency and let them know, and your rates will be adjusted according to your age. Though there are no other milestones so to speak according to age and rates, the older you are, the less your insurance generally costs so long as you have not had a ton of accidents.

Some other factors that may affect the overall cost of your insurance are things like your gender, males have a higher rate generally, if you are married or single, if you have multiple cars on your policy, if you have kids, have a degree, etc. These are all factors that your insurance agent will help you consider to get the best rate possible. For those in the Dorchester, MA area, the agents with Vargas & Vargas Insurance can help you to find your perfect policy every time.

When Should I Buy Life Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 24 May 2018 14:00:00 GMT

Most people don’t purchase life insurance right after they are born because many people believe life insurance is about death, but it’s not. The earlier you decide to purchase life insurance the cheaper it typically is. So, buying it as a newborn should be incredibly inexpensive. The independent agents at Vargas & Vargas Insurance in Dorchester, MA can help you secure a life insurance policy for your loved one no matter the age.

Buying Life Insurance for Children

One good reason to purchase life insurance for your child is that it is very affordable. Another reason is that once the policy has matured, the policy can be cashed in. If you were to purchase a whole life insurance policy and pay the entire amount, the amount could be repaid when the child reaches his or her majority.

The Value of Life Insurance

There are two types of life insurance. The first is called term life insurance. It covers a specific period. Generally, it comes in increments of 5, 10, 15, or 20 years. If you die during the term, your insurance will pay your beneficiaries the entire amount of the insurance. This type is usually less expensive than whole life insurance.

Typically, life insurance policies grow in value over time. For a whole life policy, the rate is fixed for the entire length of the policy. The cash value of the policy will mature after 12 to 15 years, as long as the premiums are paid on time. You can cash it in after it has matured and use it to pay off debts, college tuition, or buy a home.

Life Insurance to Protect

For those adults entering the workforce, getting married, and having children, buying life insurance is an excellent way to help remove some of the burdens of the primary household earner. If the head of your household dies suddenly, there will be unexpected expenses that a life insurance policy could cover. Such costs include items for the funeral, utilities, mortgage, and auto loans. In Dorchester, MA, Vargas & Vargas Insurance can get you started on a life insurance policy today.

The Most Common Threats for Business Owners | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 30 Apr 2018 14:15:00 GMT

It could drive a person crazy to think about the many things that might potentially go wrong over the course of any given day. And yet, sometimes failing to acknowledge what’s out there can lead to an avoidable situation. If you’re thinking about upgrading or buying commercial insurance for your new business in Dorchester, MA, it’s worth noting the following facts from your friends at Vargas & Vargas Insurance. We provide commercial insurance for hard-working business owners around the state of Massachusetts. Here are a few reasons to get protection.

Criminal Activity

Criminal activity today doesn’t just mean a person breaking the door to your stockroom and stealing all of your available inventory. It can also mean someone breaking into your computer systems and stealing customer data or holding your files hostage for ransom. It can even be a person assaulting an employee at the end of their shift. It can also mean a group of kids just looking to cause a little mischief on a weekend night. Wherever the criminal element may come from, it’s the owner’s responsibility to take care of any physical or emotional damages that may result.

Lawsuits, Weather, and More

From an employee suing the company for wrongful discrimination to an odd blizzard in Dorchester, MA, there are plenty of reasons why a business owner should worry about the state of their business. It only takes a few broken windows to wipe out several days worth of income, which is just one reason why an owner could use a good backup plan.

For a better chance at handling everything that may come your way, it helps to have a commercial insurance policy that works for you. Giving Vargas & Vargas Insurance a call today can make it easier for business owners to handle it all. Reach out to our agents to discuss a policy and have your questions answered.

Is It Time for a Home Insurance Review? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 28 Mar 2018 19:27:00 GMT

Spring is a time for new projects. It’s also an excellent time to review your current home insurance policies to make sure they are working for you. If you live in the Dorchester, MA area, Vargas & Vargas Insurance is here to help you every step of the way.

Home Insurance is Often a Requirement

If you are like many homeowners, you know that you need insurance to protect your home. Almost all financial institutions require that a homeowner have such insurance if they issue a mortgage on your home. However, even if your home is entirely paid off or the financial institution that you deal with does not require you to have insurance on your home, it is still a good idea to do so.

Why is it a Good Idea to Have Home Insurance?

Your home is probably going to be the largest purchase you ever make in your life. It makes sense that you should protect it to the best of your ability. Having it insured protects your financial situation if something catastrophic should happen. If you are like most people, you don’t have several hundred thousand dollars sitting around that you can tap into should you have to replace your home unexpectedly. That’s what home insurance is for.

Home Insurance Review

It’s a good idea to undertake a review of your home insurance at least once a year with a representative from Vargas & Vargas Insurance. With a variety of ways to contact us via text, phone call, and email, you can also head to our office at 1133 Washington Street in Dorchester, MA. There, the friendly and knowledgeable staff will carefully go over your current home insurance policy with you to determine if your needs are being met. If they are not, you’ll learn about the many different options that can be added to your policy to offer you the coverage you need.

Updating Your Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 12 Mar 2018 11:00:00 GMT

In the words of Ferris Bueller , “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.”

These words are so true – it seems sometimes that life flies by. It’s easy to make changes in your life and forget to tell someone: your insurance agent. When the ‘big stuff’ happens, you will probably be excited to tell friends and family, but putting in a call to your favorite Boston insurance agency should also be on your list, since many of life’s changes will affect your need for insurance coverage.

Each of the following events represents a change in your insurance needs. If you experience any of these, call your Vargas and Vargas Insurance agent to update your insurance policies so that you remain fully covered.

Buying a Home or Renting an Apartment : For every change in your housing situation, there should be an equal change in your insurance policies. Every home or apartment is different – that’s why it is so important to have a customized insurance policy for your dwelling. Your insurance agent will be able to explain the difference between replacement cost and actual cash value for your policy. And remember, we can also offer you rental property insurance if you purchase a second home and rent it out.

Getting Married or Divorced : Getting married calls for many insurance changes. You may get a discount on your auto insurance for having a two-car family, and it’s also important to reconsider your life insurance needs. Your renters or home insurance may need to be updated to account for new joint possessions (not to mention the new rings and wedding gifts!)

Likewise, divorce requires insurance policies to be updated if your car and home situation changes. You may also want to reduce life insurance coverage or change your beneficiary.

Having Your Home Renovated : Here at Vargas and Vargas Insurance, we want to make sure that our clients are never under-insured. That’s why it is so important to update your home insurance policy after you renovate. Whether you add or just update a room, your home insurance policy needs to be updated in order to reflect the new value of your house in case of a loss. We should also know about any improvements made outside your home, including the addition of a shed, gazebo, swimming pool, etc.

Acquiring New Valuables : You don’t have to call your insurance agent every time you purchase a knick-knack for your home, but every once in a while, you will purchase (or receive) a valuable item that might need a floater or endorsement for full coverage. These items are typically jewelry, collectibles, furniture, antiques, and electronics. Every policy will define ‘valuable’ differently, thankfully your agent is just a phone call away and can tell you whether your home insurance will cover the item as-is, or if an addendum is necessary.

Having a Child : Whether it’s a birth or an adoption, having a new baby in the family requires updates to your policies. Typically, having a baby will necessitate an increase in your life insurance coverage. Also, don’t forget to update your home insurance policy to include all of your baby’s furniture, toys, and clothing – as a new parent, these small items will add up fast!

Letting Your Child Get Their Driver’s License : Whenever a new driver starts to use the family vehicles, your auto insurance policy will need to be updated. You may fear making the call because insuring a teenager is notoriously expensive, but you can rest assured knowing that your Vargas and Vargas Insurance agent will ensure that you get all possible discounts on your auto insurance.

Achieving Retirement : When you are lucky enough to reach retirement, you will have a lot to cover with your Massachusetts insurance agent. Not only are you likely to qualify for senior discounts on your policies, you will need to update the average mileage use on your car, which will likely decrease significantly when you no longer commute during the week. You may also want to speak with your insurance agent about whether or not you should keep your life insurance. While it is often considered a replacement for lost wages, it can be a handy thing to have even after you’ve got no paycheck to replace.

Do you know anyone who has experienced any of these events recently? Forward them the link to this post and tell them how Vargas and Vargas Insurance can help them with their insurance needs and will get them the best price on a new or updated insurance policy.

If it’s been a while since you spoke to your insurance agent, just call us at 617-298-0655 . A Vargas and Vargas Insurance representative will be happy to walk you through your current insurance portfolio in order to ensure that your coverage is at the right level for your needs. We offer free, no-obligation insurance quotes and updates, so there is no reason to delay – call now, and make a point to talk to your Massachusetts insurance agent at least once a year to give your policies a thorough check-up.

Daylight Saving Time | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 08 Mar 2018 11:00:00 GMT

This Sunday, March 11, is the beginning of Daylight Saving Time. This means that before you go to bed on Saturday, you should turn your clocks forward one hour, since the 2am – 3am hour on Sunday will be skipped in order to shift the daylight hours into the evening for the Spring and Summer months. It will stay this way until Sunday November 4, 2018 when the 2am hour will be repeated in order to shift daylight earlier once more.

The History of Daylight Saving Time

Twice a year, we change our clocks – Spring Forward and Fall Back, just like we were taught as young kids. Have you ever wondered why this bizarre ritual exists? It turns out that the practice was officially started in World War I in an effort to conserve fuel for the war effort – first in Germany, then in the rest of Europe. The US adopted the practice in 1918 and abandoned it shortly after. During the Energy Crisis, however, the practice was brought back for good. The Emergency Daylight Saving Time Energy Conservation Act was signed by President Nixon in 1973 in order to make the bi-annual shift permanent.

Internationally, only about 40 percent of the world’s countries observe the time change. There are even some states that don’t change their clocks, including Arizona and Hawaii. Overseas territories like American Samoa, Guam, Puerto Rico, and the US Virgin Islands have also opted out of participating in DST.

Fun Facts about DST

In 2007, it was extended. Now summer hours last about a month longer. This is at least in part so that the clocks move back in the fall after Halloween, allowing children to trick-or-treat in more daylight. This was proposed by (who else?) the candy industry.
There is also a thought that pushing the end of DST to the first Sunday in November will increase voter turnout in elections, since Election Day will now sometimes be during “Summer Hours,” and people could stop to vote on their way home from work while there is still daylight.
Although originally enacted in order to save energy, there have been studies that show that little to no energy is actually saved when the clocks shift to Daylight Saving Time.
Pay attention to how you write times when you schedule meetings: during the winter, we are in “Standard Time” and during the summer we switch to “Daylight Time.” This means that here in Massachusetts (and along the east coast) we are switching from EST to EDT.
Think about those born at the end of DST: in the Fall, the first of a set of twins or multiples could be born prior to 2am, but since the hour is repeated, those born later could have an earlier time on their birth certificate than their “older” siblings.

Chores for Your DST “To-Do” List

The changing of the clocks forward and back is a perfect reminder to perform other bi-annual household chores. So, think about giving yourself a “Daylight Saving Time” checklist, including the following tasks:

The first thing on the DST checklist is obvious: at Daylight Saving Time, you need to change the clocks ! In the Spring, the clocks move forward one hour, and in the Fall, they move back an hour. Your cell phone and other electronics will change automatically, but alarm clocks and the time on appliances will likely need to be changed by hand.

Something else that you need to do twice a year is to test and change the batteries in your smoke alarms . It is critical to the safety of your loved ones that these items work properly, so it is recommended to test the batteries at least twice a year so that you’re warned if there is a fire in the house. Also change the batteries in your carbon monoxide detectors and security system, if needed.

There are several items in your home that deserve a bi-annual cleaning . This will vary according to your personal preferences, but often includes carpets and rugs (including under heavy furniture), windows and window treatments, shower curtains and liners, ceiling fans, and a complete cleaning out of the pantry and fridge. And don’t forget to flip or turn your mattress regularly to improve its longevity and your comfort.

Do you have an emergency kit in your home? You should, after all, you never know when you may end up needing it. Take the opportunity to update and restock your emergency kit when you change your clocks. Your emergency kit should include many items, including at least three gallons of water per person in your home, a three day supply of non-perishable food, medications, important documents (like copies of your insurance policies) and a flashlight with fresh batteries. See the entire list of recommendations at Ready.gov .

Remember that you should also schedule a regular meeting with your local independent insurance agent . Whether you do it as a part of your DST checklist, at the beginning of the year, as a part of your Spring Cleaning, or even on your Birthday, it’s a good way to check in on your insurance policies and to make sure that you and your loved ones have enough coverage.

To schedule a meeting with a Vargas and Vargas Insurance agent, just call 617-298-0655 today. We will be happy to review your Massachusetts home insurance, auto insurance, life insurance, and more! It only takes a few minutes to review your insurance policies, so don’t wait – call today.

Bicycle Safety and Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 05 Mar 2018 11:00:00 GMT

Can you feel Spring in the air? When the weather starts to get warmer, people here in Massachusetts can’t wait to get outside and enjoy the fresh air. One spectacular way to do so (while also getting some exercise) is to use a bicycle.

The Increasing Popularity of Bicycles

With the increase in environmental protection and a focus on being healthier, it’s only natural that we would see another “bike boom” here in the US. In the Spring of 2017, it was estimated that there were nearly 70 million bicyclists in the US.

This trend is also seeing an increase due to the emergence of bike sharing services. In Boston, you can rent a Hubway bike for $8 a day or get an annual pass for only $99! Their app will let you know where there is a hub near you.

Safety Tips for Riding

Even the most experienced riders can use a reminder of how to be safe while on a bicycle. Here are some tips for putting safety first:

Ride a bike that fits you. Bikes come in all shapes and sizes, so take the time to find one that fits – this will depend on the measurements of both you and the bicycle.
Your bike should be ready before you take it anywhere – even just on a quick spin. Take a look to make sure that all parts of the bike are secure and working well.
Ensure that you are visible, especially at night. You may wish to purchase accessories for your bike or clothing that is reflective.
You should be able to hear your surroundings when you’re riding, so avoid wearing headphones when you cycle. This will make it easier to stay vigilant while you ride and avoid accidents with pedestrians, vehicles, or other cyclists.
Last but certainly not least, you should know the rules of the road. When using streets, bicycles are considered vehicles, so look up the Massachusetts rules of riding before your foot ever hits a pedal.

If you know anyone that rides (whether they are a beginner or an advanced bicyclist), share this post with them. You never know who might learn something new!

When You’re Not Riding

Bicycles and their accessories are expensive, so make sure that you take care of your bike even when you’re not riding it.

Always keep your bike secure. If you take your bike out for errands or to your workplace, lock it up. As the saying goes, ‘It’s better to be safe than sorry!’
Vary the location where you lock up your bike so that you’re not targeted be thieves.
When you lock up your bike, make sure you secure it to a fixed, immobile object. It’s also important that you check to make sure that your bike and lock can’t be lifted up and off of the object.
The type of lock that you use for you bike is important – there are many good options on the market, but U-locks are generally regarded as the safest option. Lock your bike up high (too low and it’s easy for a thief to break the lock) and always lock to the frame – never to a wheel.

On the off chance your bike is stolen, make sure that you have a picture of the bicycle to aid in the search when you report it as stolen to the police. It helps if you have your name and contact information etched into an inconspicuous location on the bike for proof of ownership. Also consider adding your bike to the National Bike Registry .

Properly Insure Your Cycle

Ok, we’ll admit it – there is not a product called ‘bicycle insurance’ like there is auto insurance or motorcycle insurance, but a bicycle is still a valuable and potentially dangerous object. There are two things you should make sure to properly insure: yourself, and your bike.

First, make sure that your cycle (and all of its upgrades and accessories) are listed in your home inventory. A home inventory is the only way to guarantee that you have a comprehensive list of your belongings in the event of a total loss, and it can be invaluable if you ever need to file a home insurance claim. Owners of particularly expensive bicycles should consider an endorsement for complete coverage.

Second, you need to make sure that you are covered in case of a bicycle accident. If you get sued because you injure someone in a bicycle accident, there should be liability coverage in your homeowner’s insurance or renter’s insurance that will cover you.

To find out more if your insurance policies are ready for your bicycling journeys, talk to your Massachusetts insurance agent at Vargas and Vargas Insurance – just call 617-298-0655 . We can review your home insurance to cover your bike and check your liability protection. Make sure to mention to your agent if you’re going to be riding your bike instead of driving your car when you run errands or to commute to work, because less driving could mean a reduction in your auto insurance premium.

Easy DIY Projects | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 01 Mar 2018 11:00:00 GMT

Do you ever get the itch to tackle a DIY (do-it-yourself) project? Home improvement tasks don’t have to be complicated or expensive, and there are many simple tasks can make a huge difference to your home. Springtime is also the perfect time to spruce up your home while you recover from the doldrums of winter and prepare for a summer of fun and festivities.

This week, our employees shared some of their favorite easy home projects that make an impact without too much effort:

Improve Curb Appeal

The front of your home is the first thing people see upon arriving, so make sure that it is ready to make a good first impression. When was the last time you cleaned the outside of your front door? Years of ice and pollen can leave residue, and a hard scrubbing can make a big difference. Once it’s clean, take the opportunity to apply touch-up paint, if needed.

Entryways always look more inviting with a little touch of character, so add a wreath or topiary. You can even consider adding a small chair or bench, if there is room, and decorating it with some weather-proof pillows. To go above and beyond sprucing up your front yard, fix any cracks in the driveway and walkways.

Plant a Garden

If your front yard isn’t in need of improvement, maybe the backyard could use some TLC. A garden is a beautiful and useful project that you can benefit from for years to come. Grow flowers for your home or to give to friends or grow herbs and fruits and vegetables that will provide organic produce for your family. A few of the vegetables that grow well in Massachusetts are:

Lettuce
Sweet Potatoes
Tomatoes
Snap Peas
Broccoli
And More

Setting up your garden is a great weekend project, but tending it is a hobby that will keep you busy. Make sure that you do plenty of research and talk to professionals about the best time to plant, and how to care for your garden.

Update a Lighting Fixture

The lighting fixture is one of the most prominent fixtures in a room, and updating it to something new is probably easier than you think. Remember to turn off the power to the fixture on your circuit breaker before you begin, then it’s simple to go down with the old and up with the new (or just take the old one down and give it a new coat of paint). While you’re updating your light, make sure to install an energy efficient bulb in the fixture!

Install Crown Molding

Want to make your home seem more elegant? It’s a tough job, but crown molding is one of the easiest ways to do so. A slightly more advanced DIY project, you will need the ability to cut the molding to the right size and attach it securely to the wall. Make sure that you use paintable caulk when completing this job. Crown molding is subtle, but it can really transform a space, and it’s something that will make an impact on potential buyers if you ever decide to sell your home.

Replace Cabinet and Drawer Hardware

How long have you been using the same hardware in your kitchen and bathroom? These knobs and handles are something you probably interact with several times a day, so changing them to something new can be a refreshing update. Note how many you will need for the room you choose to update, and make sure to buy a few extra, just in case. Then it’s as easy as grabbing a screwdriver to get your new look! Just make sure to get new hardware with the same number of screws (and at the same distance) as the old – otherwise you will need to drill holes in your cabinets, adding to the complexity of the project.

Paint an Accent Wall

An accent wall is a great way to add a pop of color to a room without overstimulating its inhabitants. Choose a small wall – typically one of the first that you see upon entering the room. Estimate the square footage of the wall to ensure that you purchase the right amount of paint, and make sure that you purchase a few drop cloths to protect your carpet and furniture while you do the painting. What’s nice about this project is that the hardest part of painting an accent wall is picking out the color… or maybe moving a few pieces of furniture out of the way. Once you do that, you’re only a few hours away from a transformed space!

Get Creative Making Art

If painting a wall isn’t your cup of tea, you can tackle an even easier project with DIY art. Some paint and a large canvas is all it takes to create a masterpiece for a wall in your home. The best part is that there’s no experience needed – just find a tutorial online and have fun with it. Some projects are even foolproof enough that you can get the kids involved!

As always, make sure that you are confident in your abilities before starting a home improvement project. It is also important to have an experienced professional on speed-dial just in case you need advice or a helping hand.

So, which of these seven projects will you tackle first? Remember, if you complete a DIY project that adds value to your home (like installing a new lighting fixture or molding), you should talk to your Massachusetts insurance agent in order to make sure that the increased home value is reflected in your home insurance policy .

Can I allow anyone to drive my classic car? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 26 Feb 2018 20:12:00 GMT

Why have a classic car if you can’t show it off? You may want to take it to a car show or drive it in a parade because letting other people admire your car is part of the fun. But can you let other people drive it too? If there is someone you really trust, you may want to give them the chance to experience the pleasure of operating your vehicle.

If you live in or around the Dorchester, MA area, you can talk to the representatives at Vargas & Vargas Insurance about what your policy can cover. Protecting your investment is important and knowing what is allowed and not allowed is key when cruising in your classic.

You Can Allow Other Drivers to Operate Your Vehicle

As long as there are no restrictions stated in your contract, you should be able to allow other people to drive your classic car. Your current coverage should protect your guest from any mishaps they may have while driving your vehicle. There are certain restrictions but, as long as the state laws are followed, there should be no foreseeable issues.

The individual must be of age to drive and must have a valid license, with no suspensions or restrictions. Failure to ensure that the driver is eligible to drive can cause you problems if anything happens while the other person is behind the wheel.

A big part of the American automobile experience is independence. Classic cars let you show off your unique style and do things your own way. If you drive a classic car in Dorchester, MA and want to make sure you are getting maximum protection, call Vargas & Vargas Insurance for more information today.

Employee Appreciation Day | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 26 Feb 2018 11:00:00 GMT

Every year on the first Friday in March, the US celebrates “Employee Appreciation Day.” It is an opportunity for businesses and business owners to acknowledge the hard work of their employees throughout the year.

The Origins of Employee Appreciation Day

Employee Appreciation Day isn’t a new holiday. In fact, it’s been around for more than twenty years! In 1995, a man named Bob Nelson created the holiday and celebrated it at his publishing company, Workman Publishing.

Mr. Nelson was also a founding board member of Recognition Professionals International, an organization that “brings awareness, credibility and accountability to employee recognition through best practices, tools, strategies, thought leadership, education and professional certification.”

Why You Should Celebrate

A business is only as good as its employees – and this goes for every type of business, from technology startups to restaurants to local stores and beyond.

It’s easy for a business to be so focused on increasing their bottom line that the people aspect of the business gets lost. Remember that your employees work hard and sacrifice a lot to do a great job for you and your business. For all of the nights that they stayed late or went above and beyond the call of duty while at work, a little appreciation goes a long way.

Treat your employees well, and they are more likely to look forward to coming in to work and put in that little bit of extra effort to make you proud. It’s also important to note that workplaces where employees feel appreciated have a lower turnover rate!

Ways to Show Your Appreciation

This day is all about recognition – your celebrations don’t have to be lavish in order to show your employees how much they mean to you and to your business. Here are just a few ideas that you can use in your Massachusetts small business:

Food is always a good place to start when it comes to showing appreciation. Bring in treats for your employees, whether it’s homemade confections, a spread from a local bakery, catered lunch (or a lunch outing), you will be hard-pressed to find someone who doesn’t like free food!
A small gift is also a great way to show appreciation. Purchase something for each employee or get gift cards. You can also bring in a massage therapist and give the gift of an in-office massage.
Have you considered a company outing? Come up with a few ideas and have employees vote on the activity they want. Bowling, laser tag, karaoke, an escape room – all are great options!
A blanket ‘Thank You’ is nice, but you should try to go above and beyond – recognize each employee for their individual contributions to the business. Give a specific example of a time when they did great work. It’s up to you whether you want this to be in a written personal note or spoken during an Appreciation meeting.
You can also tell your employees that you appreciate their efforts is by giving them some unexpected time off. Even just shortening the workday by a couple of hours will make a big impact and will be well worth the small amount of productivity lost.

Don’t Stop There!

Celebrating Employee Appreciation Day in March is a great place to start in showing employees that you care and appreciate them. Just remember, though, that your employees are the backbone of your business. Is one day a year really enough to say a proper “Thank You?” Make employee appreciation a cornerstone of your business by including some of the following ideas into your routine:

Encourage a culture of appreciation. Hold a regular meeting (quarterly, monthly, or even weekly) where employees are encouraged to appreciate one another. This is a great opportunity to give out an “Employee of the ___” award.
Show that you care about your employees by celebrating the milestones in their lives. This could include birthdays, work anniversaries, weddings – the opportunities are endless!
Say “Thank You” often. There’s nothing as rewarding as hearing those two simple words, so speak them frequently and honestly.

When they occur often, small acts of kindness and appreciation will make your employees feel like the valuable parts of your business that they are.

Let us help you show your employees how much you care about your business with a five-star business insurance policy. One of our Massachusetts insurance experts can review your current policy to ensure that you don’t have any gaps in your coverage. We can also check to see if you could get better or less expensive coverage from another carrier. Just call 617-298-0655 for a free commercial insurance quote or review.

Remember, we are an independent insurance agency – that means we work for you , and we will ensure that your business will get the best available protection so that you can focus on helping your employees excel and increasing your bottom line.

Avoid Car Accidents | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 22 Feb 2018 11:00:00 GMT

Most days, we drive to and from work or make shopping trips without a second thought. After all, driving is such a part of life nowadays that it’s easy to forget how dangerous it can be. According to the Insurance Institute for Highway Safety (IIHS), there were 37,461 car accident deaths in 2016, including almost 400 deaths in Massachusetts (2017 statistics have not yet been released).

Here at Vargas and Vargas Insurance, we want to make sure that all of our clients are safe on the road, so we have compiled a list of the most common causes of car accidents, and how you can avoid being involved in a crash.

Speeding

One of the most significant causes of auto accidents is speeding. Approximately 30% of auto collision related deaths involved someone exceeding the speed limit. It’s easy to fall into the trap of wanting to get somewhere a little faster, but the risk of going too fast just isn’t worth the seconds you will save. Speed limits are determined for a reason, so please respect them – it could help you avoid a ticket, as well as possible accidents.

Disobeying Traffic Laws

Many other car accidents each year are caused by drivers disobeying traffic laws. Most common in this category is running red lights, often caused by trying to speed through and “beat” a yellow light. Let’s face it, no one wants to stop and wait for the light to cycle, but it’s worth adding the extra minute or two to your drive to ensure that you cross intersections safely, instead of getting hit by another car or striking a pedestrian or bicyclist .

Impaired Driving

Because of how much we drive in our lives, it may seem like a ‘no big deal’ activity. In fact, driving while impaired is very dangerous. When you drive, you need to make sure that your reaction time is uninhibited, and this means not driving under the influence of substances like alcohol and drugs (both recreation and prescription). If you are impaired for any reason, do not get behind the wheel – stay where you are, or get a friend or taxi to transport you.

Distracted Driving

Nowadays, it seems like everything is in need of our attention. When you’re driving, though, your attention should be focused 100% on the road. Many accidents occur because a driver was focused on their cell phone , their passengers or children, or even just taking a few seconds to fiddle with the radio. It may seem silly to most people, but pulling over (or at least waiting until you are at a full stop) is the only safe way to handle distractions while driving.

Weather Conditions

One thing that drivers have no control over is the weather. On foggy days, visibility is reduced. Rain reduces visibility and causes roads to become slick. In Boston, we also have to deal with snow and ice in the winter, which cause blocked and slick roadways. To avoid the possibility of getting into an accident, try to avoid driving in adverse weather conditions. If it can’t be avoided, practice extreme caution by reducing your speed and increasing your following distance. It may cause your journey to take an extra few minutes, but it is worth it in order to reach your destination safely.

Emotional or Fatigued Driving

Your state of mind is a huge factor in determining how safely you drive. Driving while drowsy or fatigued can lead to decreased focus on both the road and other drivers, and also greatly decreases your reaction time. Equally as dangerous is driving while emotional – getting behind the wheel while sad, angry, or overly stressed can lead to being distracted, or taking unnecessary risks on the road. Before you drive, make sure that you are in a balanced emotional state. Otherwise, wait until you are ready or have someone else do the driving.

Bonus Tip: Wear Your Seatbelt!

An unbuckled seatbelt isn’t a cause for collisions, but it is critical to make sure that you are wearing your seatbelt to avoid injury if you are involved in an accident. According to the National Highway Traffic Safety Administration , “safety belts reduce the fatality risk of front-seat occupants of passenger cars by 45 percent.” Remember, it’s also the law – all drivers and passengers in Massachusetts must wear their seat belts, with very few exceptions .

Follow these tips and you will be much less likely to be involved in an auto accident. Also ensure that you practice defensive driving techniques so that you are aware of other drivers on the road that may not be as cautious. And if you know another driver that could use a reminder of these techniques, please share this post with them!

Also remember that it is critical to make sure that your car is protected so that you don’t encounter a financial speed bump if your car is damaged. Call Vargas and Vargas Insurance at 617-298-0655 for a free Massachusetts auto insurance quote , or to review your coverage and find out if it is enough. You should talk to your insurance agent at minimum once a year to update your policies on any changes that you have made in your life, including is there are any new drivers in the house, or if your driving habits have changed.

Spend Less on Groceries | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 15 Feb 2018 11:00:00 GMT

Did you know that an average family of four spends between $200 and $250 at the grocery store each week? The dollars spent feeding your family are important… after all, nutrition is key to a long, healthy life. But what if you could get the same results by spending less? If you want to reduce your grocery bill, try integrating one (or all) of these tips into your next shopping foray:

The more you can plan ahead for your shopping trip, the less room there will be in your cart for impulse purchases. Plan your family’s meals ahead of time, and you will know exactly what you need to buy before you even leave your home. You can even search out budget-friendly recipes !
Learn to compare unit prices. Sometimes, you can save money in the long run buy buying a larger size product – just make sure that buying the larger product won’t increase your consumption, and that you aren’t buying more than you need just to save per ounce or per piece.
Clipping coupons used to be the most popular way to save money at the store. It’s still a great option, but there’s an app (actually, several) for that. If you can use a smartphone, you can use great apps like Ibotta and Checkout51 to save at the store. Again, just make sure that you don’t get lured into buying items that you don’t need.

Want to save even more? Let Vargas and Vargas Insurance Agency do your insurance shopping for you! We will review your insurance needs and find the perfect policy for you, ensuring that it has both the right coverage and the right price point! Call 617-298-0655 to find out if we can save you money today.

Valentine’s Relationships | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 12 Feb 2018 11:00:00 GMT

Every February, we celebrate Valentine’s Day in a flurry of red roses and chocolates . Largely considered the holiday of romantic love, Valentine’s Day is a great opportunity to show your love to your significant other. How you do this will depend quite a bit on how long you’ve been together. So, which level of Valentine’s Day are you in this year?

Newly Dating – There is nothing quite as exciting (or nerve-wracking) as a first Valentine’s Day with someone. Focus on getting a thoughtful gift that’s not too over the top.
Getting Serious – If this isn’t your first rodeo with your beau, you probably have a better idea of what they like. This makes picking out a gift (or a restaurant) much easier.
Committed – If Valentine’s Day is old hat to you and your significant other, you may want to get out of the rut. Instead of dinner and roses and chocolates, try a weekend getaway (or even just a staycation while the kids visit their grandparents).

Just remember that there is no ‘right way’ to celebrate. Whether you buy lavish presents or opt for a quiet night at home, the important part is to show your partner how much you care.

And don’t forget – as your relationship evolves, so should your insurance policies. When you get engaged, you need to make sure to insure the ring, and getting married is the perfect life event to spur a life insurance investment. Through all of your stages of relationships and life, Vargas and Vargas Insurance Agency is here to help. If you ever have an insurance question, just call us at 617-298-0655 – we are always here for you.

Prequal vs. Preapproval | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 11 Feb 2018 16:37:00 GMT

When you’re looking to purchase a home, there are many steps that you need to take. One of the most important is meeting with a lender to discuss how much they are willing to give you for your home. Depending on who you talk to, this will usually be called ‘prequalification’ or ‘preapproval.’

You may be wondering what the difference is between the two terms is, and thankfully the answer is easy: they are practically the same thing. There are some distinctions (for example, preapproval is typically a more involved and sometimes requires you to pay an application fee), but you can consider the terms synonymous. The important part is that your prequalification or preapproval is a letter from your lender that states how much they are willing to lend you for your mortgage, with certain stipulations. It’s also important to note that these are not guaranteed loan offers.

The amount indicated in your preapproval letter will be a key point in determining the houses that you are able to afford, so do your best to maximize your preapproval amount. There are a few things that you can do to increase the amount lenders are willing to give you. One of the most important things that you should do is to make sure that your credit score is as high as possible . Read more on the “lingo” in the home buying process here.

Once you’ve found your next home, make sure that you call Vargas and Vargas Insurance Agency at 617-298-0655 to get a Massachusetts home insurance quote . We will work with you to ensure that you and your loved ones are protected with a great home insurance policy.

Saving for a Down Payment | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 08 Feb 2018 11:00:00 GMT

Home ownership is the American dream. Many people know that they want to own a home one day, but don’t have a concrete strategy to one day become a homeowner. If you’re one of those people with a goal of buying a home, here are a few tips that you can use to turn your lofty goal into a reality:

Determine Your Needs : Calculate your savings goal by finding out the average cost of a home similar to one you would like to buy and figuring a down payment of 15-20%.
Consider Investing : If it’s going to be a while before you need your down payment, grow the money you have saved by investing it in a diversified portfolio.
Make Budgeting Decisions : The less you spend, the more you can save. Make some sacrifices now in order to put more into your down payment fund – all those little savings will add up!
Consider Using Your IRA : For any other expense, tapping into your traditional or Roth IRA is a no-no, but you may be able to take money out of these accounts tax-free for use as a down payment .
Put “Found Money” to Work : Whenever extra money comes your way (whether it’s from a weekend job or a birthday gift) put some or all of it toward your future home.

And when it’s finally time to use your down payment and buy your home, remember that Vargas and Vargas Insurance Agency is here to help you with your homeowner’s insurance policy . Just call 617-298-0655 for a free, no-obligation quote.

Meeting Your Neighbors | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 05 Feb 2018 11:00:00 GMT

Whether you’re moving within the city, or are a new Boston-ite, settling into a new home can be exhausting. Getting settled in amongst half-unpacked boxes is no one’s cup of tea, but there is always the chance to unwind and be social by meeting your neighbors. If you have trouble with getting to know people, here are a few tips on how to meet your new neighbors.

Spend time outside. If you’re cloistered in your home, it’s hard to meet new people. Do some yardwork, take a walk, or go to a local park with your kids (or a dog park with your fur babies ). Start introducing yourself!
Take a gift. You don’t have to wait for your neighbors to initiate a housewarming gift. Take over a plate of cookies or a bottle of wine and use it as a way to make others’ acquaintance.
Throw a party . You don’t have to have a fancy soiree, just invite the people on your street over for finger foods and drinks – you’re sure to make lots of new friends!

Once you know some of your new neighbors, consider swapping contact information with them. It’s always nice to have someone nearby that’s willing to keep an eye on your home while you’re on vacation or a source of help if you’re ever laid up and could use someone to pick up a prescription or a few groceries for you.

Boston is a very friendly place, so getting to know your neighbors should be easy and fun. And don’t forget to tell them about the great deal that Vargas and Vargas Insurance Agency got you on home insurance for your new place! Invite them to call us at 617-298-0655 and have them mention your name!

February newsletter | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 04 Feb 2018 16:24:00 GMT

Happy February!

I thought that I would start this month’s message with a positive message:

“No winter lasts forever; no spring skips its turn.”

-Hal Borland

It’s been a rough winter for many of us! With all of the really cold weather, there have been many claims around frozen pipes, check out our blog below on what to do to prevent pipe freeze-ups and Ice Dams.

Check out the story behind Saint Valentines Day, Click here to read more.

February marks the beginning of Black History Month. Each year Americans set aside this month to focus their historical hindsight on the contributions that people of African descent have made to this country. W e must celebrate ourselves and do it loudly. No matter the shape, size, hue or ability, all of our stories matter and they deserve to be told through our lens. I recently read this article on the Queens of Black History Month, that I found very interesting, Click here to read it.

Life Insurance is LOVE Insurance, which makes February and Valentines Day a perfect time to remind you of the need for Life Insurance. The majority of Americans would have trouble paying for living expenses immediately or shortly after the primary wage earner in the house dies. Please click here to read more on how much life insurance you should carry. Have questions? Please c lick here and we will contact you to review your questions and your current life insurance.

I recently had the pleasure of cooking with guest chef Adelina Armas of International Food Gourmet in Brockton. Adelina shows Sharon and me how to make chicken breasts stuffed with prosciutto, mozzarella and spinach., Click here check out the latest “ Get Fresh ” cooking show below.

Click here to watch the video.

There are lots of great things to do in and around the Boston area this month, please find some fun family things to do below.

Carlos

PPS, What I learned today, “Which zodiac signs are a love match “ Click here

Beer festival February 2 – 3, 2018 Celebrate 60 brewers and 240 beers that push the boundaries of brewing at Extreme Beer Fest at Seaport World Trade Center.

Free jazz February 10, 2018 Hear big bands, combos, and vocal jazz ensembles perform and compete at the Berklee High School Jazz Festival at Hynes Convention Center. Free.

Science day at the museum February 11, 2018 I Love Science has dozens of activities for all ages, led by Harvard scientists, graduate students, and enthusiastic explorers at Harvard Museum of Natural History, with free parking available.

Valentine’s Day improv February 14, 2018 Thorns features rants, monologues, original songs, and short films about the comedy of love and heartbreak at ImprovBoston in Cambridge.

Bollywood dance show February 24, 2018 (6 p.m.) South Asian Showdown [sound] is a Bollywood dance competition with high-energy Indian music plus an optional after party at John Hancock Hall.

Super Bowl Party Hosting | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 29 Jan 2018 11:00:00 GMT

Well, our boys have done it again – the Patriots are going to the Super Bowl! Last year, over 110 million people tuned in to see the Patriots beat the Falcons in an exciting, down-to-the-wire match, and viewership numbers for the match on Sunday are expected to be similar. Will you be watching the game? If you’re hosting some friends for a viewing party, make sure that you consider using a few of our last-minute football party tips:

Food is a staple of any party. Pick out appetizers that can be eaten without utensils, and prioritize recipes that can be prepared the morning (or even the day) before the game. Make sure to find out if any of your guests have food allergies so that you can let them know what’s safe for them to eat.
Planning to have children at your party? If they want to be like all the ‘grown ups’ and watch the game, make it more fun by making your own Super Bowl Bingo cards . If there are going to be kids around, also ensure that you keep alcohol in a safe area, and that small children aren’t allowed in the kitchen during food preparation.
Make the game a little more exciting by having contests (with prizes, of course). Picking the winning team and final score are a good place to start, but you can even take it a step further and use some of these prop bets as inspiration!

Before you host any party in your home, it’s always a good idea to call your Massachusetts home insurance agent to make sure that you have the right amount of coverage to protect your property, yourself, and your guests. The call will only take a few short minutes, and it is well worth the peace of mind so that you can focus your energy on cheering during the game!

Does Renter's Insurance Cover Weather-Related Damage? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 26 Jan 2018 18:00:00 GMT

Renters’ insurance is an important protection to have, even if you feel that you don’t need it! The coverage provided by renters’ insurance can vary from policy to policy, and it is important that clients thoroughly review what is and is not covered by their renters’ insurance. Renters are often surprised to learn that their apartment and belongings are not included in the coverage provided by their landlord’s policy.

Your Landlord’s Policy

Landlords, typically, only cover the actual building from damage, and it is likely that damage to your belongings will not be covered by the building owner’s coverage that will pay to replace or repair a leaky roof. However, most renters’ policies will reimburse you for the cost of having to temporarily relocate from an uninhabitable residence that has sustained covered damage. The agents at Vargas & Vargas Insurance are here to help determine the coverage you need to protect yourself from damage to your rental unit in the greater Dorchester, MA area.

Weather Incidents

Weather-related damage can be caused by excessive wind, hail, lightning strikes, and other acts of nature. There are ways to protect your rental home or apartment, and your belongings, should you suffer a loss due to the weather. It may be necessary to purchase additional coverage if your renter’s policy does not provide adequate protection, and the professional agents at Vargas & Vargas Insurance are here to help you through the process.

If you are in need of comprehensive renter’s insurance that includes protection from weather-related damage, please call us today, we are dedicated to meeting the needs of our clients in the greater Dorchester, MA area.

Interior Car Cleaning | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 25 Jan 2018 11:00:00 GMT

It’s winter in Boston, and that means your car’s exterior is probably looking pretty dingy between all of the ice and salt that’s being thrown around. While this won’t change for another few months, nothing says that you can’t do something to make the interior of your car look new again.

Often, cleaning the interior of a car means a quick vacuum and not much else. This time, though, take an extra few minutes and use some of these hacks to go above and beyond your normal cleaning routine:

Your car’s air vents and dash console are probably pretty dusty. Grab a brush and a vacuum with a long hose attachment, and suck up the dust as you clean to prevent it from settling elsewhere.
If you have a pet, there is likely stray fluff on your seats. This is easy to remove with cheap squeegee !
Really want to get in the nooks and crannies? Use a toothbrush for dirt embedded in vinyl or to remove crumbs from the seams of your seats.
Often, floor mats get dirty quickly. Shake out as much dirt as you can, then throw them in the washing machine and let it do most of the work for you. You can also clean these mats with upholstery cleaner, it just requires a bit more elbow grease.

To further protect your car, call Vargas and Vargas Insurance Agency at 617-298-0655. We can review your Massachusetts auto insurance policy to make sure that you will be covered if anything happens to your (newly sparkling) vehicle.

Budgets for Children | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 22 Jan 2018 11:00:00 GMT

Here at Vargas and Vargas Insurance Agency, we have clients in all stages of life – from new drivers to newlyweds to retirees, and everywhere in between. This article is for those of you that are growing your family tree. Children are a blessing, and it’s so important to be well prepared for their arrival. Here is some food for thought on budgeting for children of any age:

Babies and Toddlers : Babies can be expensive. In addition to the recurring expenses like groceries and diapers, you will have several one-time purchases including a crib, stroller, car seat , and more – especially if this is your first child.
Children : Kids grow quickly, so be ready to start a consistent flow of clothing. In addition, kids need to be entertained and enriched, so be ready to pay for field trips, summer camps, sports teams, music lessons, and more. This is also the time to start thinking about a college fund, if you haven’t already.
Teenagers : As children grow into teenagers, their toys only become more expensive. Buying them phones, tablets, and/or laptops isn’t cheap, but thankfully Vargas and Vargas Insurance is here for you to help with car insurance once they get a learner’s permit !

And remember, adding a child to your household is an event in your life worthy of a chat with your insurance agent. You will need health insurance for the child, and should probably increase or establish life insurance policies for the child’s providers. Call 617-298-0655 to speak with a Vargas and Vargas Insurance agent about how to get your insurance policies ready for your new bundle of joy.

Prevent Frozen Pipes | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 19 Jan 2018 20:47:00 GMT

You turn on the water on a frigid morning, and… nothing. You know immediately that it’s frozen, and a sense of dread overwhelms you – and for good reason. Frozen pipes may sound harmless, but they can cause a lot of damage to a home’s plumbing. Water expands and contracts as it freezes and thaws, and doing this inside your pipes can cause breakage, leading to water damage.

How to Prevent Your Pipes from Freezing

If you haven’t already, make sure that all of your outdoor pipes (over-ground sprinklers, pool lines, even garden hoses) are drained and stored. Ensure that the inside of your home is warm enough that water in the pipes stays liquid, and on especially frigid nights open cabinets in your kitchen and bathrooms to let the heat circulate. Let faucets drip to ensure that water keeps moving through the pipes. Pipe insulation can also be useful for tricky exposed pipes.

Treating Frozen Pipes

Frozen water in your pipes is not something you want to ignore. Turn off your home’s main water line immediately in order to prevent additional water from flowing in and causing a flood. Once the water is off, call in a licensed plumbing professional to help with thawing the pipes safely and checking for any burst pipes.

If you are unlucky enough to be affected by frozen pipes, call Vargas and Vargas Insurance Agency – we can help you start a claim on your homeowner’s insurance and will get you on the road to being good as new. During regular business hours, call 617-298-0655 . Outside of those hours, you can call our 24/7 emergency line at 617-322-5289 .

Life Ins Medical Exam | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 19 Jan 2018 20:44:00 GMT

Depending on the Massachusetts life insurance policy that you chose, you may be required to see a medical professional for an examination in order to determine your premium. This isn’t a negative thing! In fact, many people will benefit from a doctor’s evaluation and end up with lower premiums.

If you’ve been asked to see a doctor for a life insurance evaluation, here is what you can probably expect to go over with the doctor during your appointment:

Your family history of disease, potentially including cause of death of some of your relatives.
Your lifestyle, including frequency of exercise, intake of alcohol, use of drugs, etc.
Your body’s status, including your weight, height, BMI , and blood pressure.
Your doctor will also likely want to take a blood and urine sample in order to do some evaluative tests.

While these ‘tests’ aren’t ones that you can study for, there are a few things that you can do in the couple of weeks before your appointment to help slightly improve your numbers. These include eating only lean meats, and consuming foods that will lower your blood pressure and cholesterol . Avoid processed, sugary, and salty foods.

Not sure if your life insurance policy is the right one for your needs? Call Vargas and Vargas Insurance Agency at 617-298-0655 for a free insurance review! We can evaluate your current coverage and see if there are any new discounts that you could receive, or if you would benefit from a new type of policy. The call is free, so don’t hesitate!

Fitness Tracker | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 19 Jan 2018 20:40:00 GMT

When we turn the page on a new year, many people set fitness goals. They want to lose weight, or just get more active. Having a goal is great, but often that’s not enough motivation to get moving. For many people that need a little extra push, a fitness tracker has been the key to getting focused and motivated. Wearing a fitness tracker has many benefits, including:

Accountability : One of the most important parts of setting a goal is to make sure that it is measurable. “Be more active” is a great place to start, but you’ll be more successful if you use your fitness tracker to set a specific step goal, such as “Get 10,000 steps three times a week” or “Get no less than 6,000 steps a day.”

Social Motivation : Fitness trackers are becoming ubiquitous. Almost everyone seems to have a wrist tracker or an app on their smartphone that’s tracking their steps. Leverage this by becoming ‘friends’ with people you know on your tracking platform. Seeing their progress may spur you to ‘step up’ your game!

Lowering Insurance Rates : Did you know that some health insurance providers will offer discounts to clients that share their fitness tracker data with the company? Ask your Massachusetts insurance agent if you’re eligible for this discount!

Are you using a fitness tracker to be more active this year? We would love to hear about the tools you’re using to meet your goals. And if one of your goals is to save money, let Vargas and Vargas Insurance Agency help – with one call to 617-298-0655 we can review your Massachusetts insurance policies to find you savings!

Business Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 19 Jan 2018 20:38:00 GMT

Starting a business is about more than just having a great product or service. So much of business ownership is about marketing and creating efficient processes. When you start a company, you need to protect all of the effort you’ve put in with a Massachusetts business insurance policy. Here are just a few basic commercial insurance tips for those of you thinking of (or in the beginning stages of) starting a new business:

Even Home-Based Businesses Need Coverage – All businesses have one thing in common; they all need insurance, no matter how big or small. When you start a new business, you may think that you don’t need insurance right away, but that simply isn’t true! You never know when something will go wrong, so get an insurance policy to protect your budding company.

Consider Your Risks – Depending on your industry, your business will have certain potential risks. All businesses will need general liability protection, some will need cyber liability protection, and others will need to EPLI protection . Your Massachusetts insurance agent will be able to assess your needs and recommend the right set of insurance policies and riders.

Reevaluate Your Needs Often – Your business is growing, and your risks and potential hazards are increasing. As you increase output and hire employees, talk to your insurance agent often to update your policy.

To speak to an agent about establishing or updating a business insurance policy , call Vargas and Vargas Insurance at 617-298-0655 . We work with businesses of all sizes in the Boston area, and we can help your business through all stages if growth in the years to come.

Snow Safety Guide | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 04 Jan 2018 11:00:00 GMT

Now that the New Year has arrived, we must face the fact that the snow isn’t going away any time soon. For the next few months, you need to make sure that you and your loved ones stay safe in the frigid Massachusetts temperatures. Here are links to a few blogs that we’ve posted over the years that can help make sure of that:

Prepare for Winter Storms – We see a few major storms every winter here in the Boston area. When one threatens, make sure that you are prepared by following these guidelines.
How to Shovel Snow Safely – Shoveling snow isn’t a coveted task, but if you get stuck with the chore make sure you perform it safely with these tips.
Tips for Driving in the Snow – You’ve probably got plenty of practice driving in the ‘white stuff,’ but there’s no harm in a little refresher. Brush up now, and forward the link along to a new driver you know!
The Potential Dangers of Melting Snow – It always seems like the snow will stick around forever, but one day the temperatures will warm up enough to start the yearly melt. Be ready for the risks of melting snow with a flood insurance policy.

And there’s one more bonus blog for you in this guide – Free Activities for Snow Days ! There are days where snowfall and freezing temperatures make going to work (and school) impossible, so make sure that your family has a plan for the inevitable upcoming snow days.

Here’s the bottom line. Be safe in the snow, and make sure that you have the right Massachusetts insurance policies in place just in case you have to make a claim. To check on your home or renters insurance, auto insurance, and flood insurance policies, just call Vargas and Vargas Insurance Agency at 617-298-0655 .

2018 Resolutions | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 01 Jan 2018 11:00:00 GMT

At the beginning of a new year, there is a huge push for people to set resolutions – to improve themselves or their business, and to get a fresh start on their goals. If you haven’t set a goal for this year, it’s not too late. Don’t shy away from setting goals – it’s an important part of being successful!

There must be something in your life that you want to improve, and studies show that setting a SMART goal will help you achieve your goals faster. Here are just a few ideas of areas that you may want to consider making a resolution:

Health – You only get one shot at this crazy life. In order to make the most of it, you need to take care of your body and mind.
Recreation – Do something fun this year! You may want one of your 2018 goals to involve scratching something off of your proverbial ‘bucket list.’
Social – The connections that you make throughout your life are important. Whether you want to meet more people or bond more with the people you already know, make a social goal.
Family – When it comes to the people that you care about, there are many different ways to show love. Which of these could you improve upon?
Career – Career goals are very common. Aim high, and take small steps every day that will get you closer to achieving your resolution.
Finance – To better yourself financially, you can aim to earn more or to spend less. Lots of people aim to put more money into savings, or pay off debt.

If you have a goal to protect your loved ones or to save some money this year, let Vargas and Vargas Insurance Agency help! Call 617-298-0655 and we can review your insurance policies to make sure that you’re getting the right protection at a low price. Our Massachusetts insurance agents are looking forward to helping you achieve your goals!

Januar 2018 Newsletter | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 31 Dec 2017 21:04:00 GMT

Click here learn more about my Monday Morning Message.

But what do we do to ensure that the new year is better than this past year?

Click here to read our blog on how to forget New Year resolutions and make 2018 your best year ever!

One of my all-time favorite traditions is to make breakfast on New Year’s day and invite our sons and their wives over for breakfast. If you are looking for some ideas on what to cook for breakfast, Click here check out the latest “ Get Fresh ” cooking show below.

There are lots of great things to do in and around the Boston area this month, please find some fun family things to do below.

Carlos

Carlos F. Vargas
Bus: 617-298-0655
Fax: 617-298-8355
Text: 617-409-0329
Email Me | Visit Me Online

PPS, What I learned today, “The science of itching” Click here

V&V Best of 2017 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 29 Dec 2017 11:00:00 GMT

Here at Vargas and Vargas Insurance Agency, we want to make sure that you’re always informed – that’s why we update this blog several times a week with new and interesting information! There have been lots of fun and educational posts on this blog, and here are just a few examples – one from each month of 2017. Which was your favorite, and what subjects would you like to learn more about?

January – Planning Your Patriots Super Bowl Party
February – Our Top Tips for First Time Car Insurance Customers
March – 5 Things You Should Always Tell Your Houseguests
April – How to Save an Extra $1k a Year
May – Is Buying a Condo the Right Choice for You?
June – Life Insurance: Term vs. Permanent
July – Low Cost Marketing Ideas for Your Small Business
August – Create a Family Emergency Plan
September – Don’t Believe These Auto Insurance Myths
October – Is It Time to Redecorate Your Home?
November – Tips for Filing a Condo Insurance Claim
December – Stay Merry and Bright: Winter Safety Tips

Have you enjoyed our blogs in 2017? We would love to hear your suggestions to make 2018 our best year yet! If you have any ideas for improving our website or blog, don’t be shy – let us know! And remember, Vargas and Vargas Insurance Agency is always here to help with all of your Massachusetts insurance needs. Call 617-298-0655 to get started on an insurance quote or insurance review now.

Distracted Driving | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 27 Dec 2017 11:00:00 GMT

Cars used to be a tool that would get you from one place to another. Now a car is so much more than a mode of transportation. In fact, a majority of new cars come with an ‘ infotainment ’ system standard – a far cry from the AM/FM radio and CD player that most drivers were excited about just a decade ago. While they may seem like an upgrade, the features available in new cars are causing an alarming increase in the number of distracted drivers on the road.

In a 2017 study by the AAA Foundation for Traffic Safety, researchers evaluated the infotainment systems in 30 model-year 2017 vehicles. Of these 30 vehicles, all generated at least moderate demand for drivers’ attention. In fact, 12 of the 30 systems generated a very high level of distraction.

It was found that the most distracting activity performed on the car’s infotainment systems was programming navigation, which takes an average of forty seconds to complete. In the time necessary to complete this task, a car moving at 25 mph would travel the length of four football fields!

Thankfully, there are steps that you can make to ensure that you (and the other drivers in your life) are safe despite all the bells and whistles in your new cars. Simply ensure that you program navigation when the car is not in motion, and that texting and social media are also disabled while the car is moving, in accordance with the voluntary guidelines proposed in 2012 by the National Highway Traffic Safety Administration .

Don’t forget that Vargas and Vargas Insurance Agency is here to help with your car insurance needs. Whether you have a cassette player or a new-fangled ‘infotainment’ system, we can get your vehicle protected with the best Massachusetts auto insurance. Just call us at 617-298-0655 .

How Should I Insure My Motor Home? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 25 Dec 2017 15:00:00 GMT

There are a number of factors to consider before finally settling on a motorhome insurance policy, and Vargas & Vargas Insurance wants you to have all the facts. If you live in Dorchester, MA, see what you can do to get the right amount of coverage.

Consider Your Habits

Some people purchase their motorhome as means to get away for a weekend or two out of every month, while other people want to live in it for nine months out of the year. If you’re planning on taking beat-up fishing equipment with you to the lake every now and again, you don’t necessarily need to buy a comprehensive policy. However, if you’re planning to load up your motorhome with plenty of expensive clothes, tools, or jewelry, then you’ll need to consider the limits on your policy before you take it for a spin.

The Places You’ll Go

Your insurance is based on what you do with your RV while you have it. If you plan to take it to treacherous areas, you’ll need to have some precautions set up against all the natural disasters that might occur. There’s also all the man-made disasters that can occur too. From a curvy mountain road to a precariously dangling tree branch to a hungry criminal, you’ll want to be as open and honest about what you’ll do so that you know you’re getting the right policy. You’ll be glad that you took this extra step if you have to make a claim later on.

If you have questions about how motorhome insurance works, call Vargas & Vargas Insurance. It’s our job to serve the people of Dorchester, MA, so everyone gets a motorhome policy that works. Let us take the reins to find you the best policy!

Make 2018 Your Best Year | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 25 Dec 2017 11:00:00 GMT

It’s that time of year once again. Reflection and goal setting are a common occurrence when it comes time to start a new year. Make sure that you kick off 2018 in style, and make it your best year ever by using some (or all!) of the following tips:

Try New Things – You have to use muscles in order to build them. This is also true about yourself! Build yourself up as a person by pushing boundaries and stepping outside of your comfort zone.
Expand Your Network – Everyone can name a few people in their life who lift them up and make them feel great. Make an effort to expand your list, and to make yourself a part of other people’s lists!
Create – There’s little as satisfying as making something with your own hands. Stretch your creativity by cooking, painting, knitting – anything that will let you feel a sense of accomplishment at making something yourself.
Build (or Break) Habits – New Year’s Resolutions are common, but you need to make sure that you set these goals in a way that will make you more likely to follow through .
Celebrate More – Life is short, so make sure that you appreciate the small things that make you happy. Treat yourself once in a while, and show love to others often.

2017 was a great year here at Vargas and Vargas Insurance Agency , but we’re going to need your help to top it in 2018. Help us have another great year by continuing to trust our agents with your Massachusetts insurance policies. And if you or a loved one ever needs a free and honest insurance review, just call 617-298-0655 .

Must Have Insurance List | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 22 Dec 2017 11:00:00 GMT

It’s the season of giving, but winter also seems to be the season of list-making! Just like your tots are probably putting the finishing touches on their Christmas “Wish List,” and you’re letting the ink dry on your list of goals and plans to make 2018 the Best Year Ever (stay tuned for our blog post Monday!) we’ve compiled a list of all of the insurance policies that everyone should have as a part of their portfolio. The protection offered by these policies is something you can’t afford to miss!

Home Insurance , Condo Insurance , or Renters Insurance – Protect the place that you live. Depending on whether you own or rent, your insurance may cover your property and your possessions. Ask for extra protection if you have valuables to cover. In addition, some liability protection may be included.

Auto Insurance – It’s almost impossible to be without a car in this day and age. That’s why everyone needs a reliable car insurance policy. It will cover you and your vehicle if and when you get into an accident.

Health Insurance and Life Insurance – If you get sick, your focus should be on recovery – not on medical bills. Health insurance will alleviate the stress of expensive treatments. And with a Massachusetts life insurance policy, you can make sure that your family is taken care of if you pass unexpectedly.

Start 2018 off on the right foot with a free insurance review from a Vargas and Vargas Insurance professional. Our agents can ensure that your policies have you completely covered with the proper protection for yourself and your loved ones. Start the process with one simple call to our agency at 617-298-0655 .

Guide to Holiday Eating | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 20 Dec 2017 11:00:00 GMT

In the winter, a lot of activities and gatherings center around a delicious (and calorie-filled) meal. If you’re looking to make it through the rest of the year without padding your waistline, we have a few simple tips for you!

Practice portion control : It’s easy to mindlessly nibble all winter long, but the calories just aren’t worth it. When you’re ready to eat, make yourself a small plate, and wait a while before you think about going for seconds.

Enjoy your treats : Sure, desserts are delicious – but you don’t have to eat a lot to enjoy yourself. Have one small piece of the things that look good and enjoy them without going overboard.

Be more active : Ok, this one isn’t an eating tip, but you won’t have to feel as guilty about holiday calories if you burn a few extra taking a walk or having a snowball fight!

At the end of the day, you have to remember that it’s all about calories. You can have a little bit of just about anything – but moderation is key. So, feel free to have a cookie or two (but not a whole plateful), and opt for the smaller mug of cocoa with a few marshmallows.

And when the celebrating is over, and the holidays have passed, remember to catch up with your favorite Vargas and Vargas Insurance agent for your annual insurance review. One quick call to 617-298-0655 will help ensure that you’re ready to take on 2018!

Dogs & Home Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 18 Dec 2017 11:00:00 GMT

Did you know that approximately 68% of US households own at least one pet? Here at Vargas and Vargas Insurance, we love our furry friends, and our clients love them too! We want to help all of our dog-loving customers with these three facts that all dog owners should know about their Massachusetts home insurance policy :

Breed (Sometimes) Matters : Some insurance providers will make the decision on whether to offer you home insurance based on the breed of your dog. They may also set your premium based on the breed. Each provider is different, so check with your insurance agent to find out if your breed is on any ‘restricted’ lists.
Be Proactive : Insurance providers love to offer discounts for being proactive. This is true for auto and home insurance, and can even be true for you and your dogs! Insurance providers often see dogs as a liability risk, but some will provide a discount if you can prove that your canine is well-behaved. Ask your home insurance agent to find out which insurance providers offer this discount, and which courses are required. One great example of this certification is the AKC’s Canine Good Citizen program .
Your Insurance Agent Can Help : Here at Vargas and Vargas Insurance, we have lots of experience finding home insurance for pet owners. Speak with one of our agents to find out which insurance provider will provide you with the right coverage.

If you have a dog, or are in the market for a furry friend , call Vargas and Vargas Insurance Agency for help with your Massachusetts home insurance policy. We will help you shop around for the best insurance provider for your family, including your fur babies.

Forget the New Year Resolutions and Set SMART | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 14 Dec 2017 19:42:00 GMT

Is this crazy or what? December has completely snuck up on us. Did you know that there are only 6 “work days” left between now and December 22nd when things will shut down for the holidays? While December is a month of celebration and cheer, it’s also the time to get planning for a successful 2017.

Have you ever heard the phrase, “What you don’t measure you don’t improve”?

I started this writing last week thinking that I would be writing to you about New Year resolutions, but the more that I dug through my past resolutions, I found that I have never succeeded with almost any of them. Some of my past resolutions have been; lose weight, become more physically active, be a better life partner (I hope that I have made some headway with this one), be a better parent, be a better person, prospect for more of this or that kind of insurance lines of business, etc.. This quote became so poignant when I read it.

Don’t get me wrong; I think that New year Resolutions may be worth making for some, but, perhaps they are a guideline for us to follow, rather than an exact recipe that will place more pressure on our already overburdened lives.

It’s certainly true in business, sports, and science, but what about in life? How do you measure progress in your life? With work or business, we could use our income. But what about our health, relationships, or intellectual growth?

So, are You ready for 2018?

Will 2018 be your best year yet?

What are you doing to make 2018 your best year yet?

I will be truthful with you, I failed a lot in 2017, but also had many successes. I have learned from those failures, and hope to harp on the achievements.

Do you know the feeling; I mean the failure feeling?

Don’t use the “failure feeling” to rekindle those strong negative emotions (it’s not easy, especially if they were severe). Instead, I hope that you learn from your failures as I do.

Like many people, I sometimes struggle to stay focused on my goals. Week in and week out, there is always a “new way of doing things” or a “new shiny whistle” that tries to take my attention away from what is important.

While planning and goal setting is vital in the business world, I hope that you don’t forget that it is just as important to establish goals for your personal life. Don’t forget that without our health and our relationships, many of our lives would be meaningless!

Setting and achieving your goals may be difficult, but there is help available. Here are few of my recommendations:

Here’s what Michael Hyatt says about goal setting:

Make them “ SMART .” This is an acronym, as you probably know, and it is interpreted in various ways by different teachers. When I refer to SMART goals, I mean goals that meet five criteria. They must be:

S pecific—your goals must identify exactly what you want to accomplish in as much specificity as you can muster.
- Bad: Write a book.
- Good: Write a book proposal for The Life Plan Manifesto.
M easurable—as the old adage says, “you can’t manage what you can’t measure.” If possible, try to quantify the result. You want to know absolutely, positively whether or not you hit the goal.
- Bad: “Earn more this year than last.”
- Good: “Earn $5,000 more this year than last.”
A ctionable—every goal should start with an action verb (e.g., “quit,” “run,” “finish,” “eliminate,” etc.) rather than a to-be verb (e.g., “am,” “be,” “have,” etc.)
- Bad: Be more consistent in blogging.
- Good: Write two blog posts per week.
R ealistic—you have to be careful here. A real goal should stretch you, but you have to add a dose of common sense. I go right up to the edge of my comfort zone and then step over it. (If I am not out of my comfort zone, I’m not thinking big enough.)
- Bad: Qualify for the PGA Tour.
- Good: Lower my golf handicap by four strokes.
T ime-bound—every goal needs a date associated with it. When do you plan to deliver on that goal? It could be by year-end (December 31), or it could be more near-term (September 30). A goal without a date is just a dream. Make sure that every goal ends with a ‘by when’ date.
- Bad: Lose 20 pounds.
- Good: Lose 20 pounds by December 31st.

Once you have SMART goals for your professional and personal life, make sure to Write them down and place them in a visible location, like on your desk or the refrigerator (I have my goals taped to the wall in my closet).

Click here for more information on Michael Hyatt’s goal setting techniques.

Your success and happiness lies in you. Resolve to keep happy, and your joy and you shall form an invincible host against difficulties .
-Helen Keller

I hope that you have a happy, prosperous and safe new year!

Carlos

Captive and Independent Agents | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 10 Dec 2017 15:30:00 GMT

In the insurance world, there are two types of agents: captive agents and independent agents. Years ago, you could ask either type, and they would have told you that it’s their way or the highway, and that the other type of agent isn’t as customer friendly for various reasons.

Thankfully, here at Vargas and Vargas Insurance Agency, we know better. Having worked as both a captive and an independent agent, I can say with confidence that both have their ups and downs, but we can fulfill our ultimate goal of helping our customers by working together.

That’s right – formerly sworn enemies working together. It may sound like the plot of a B-movie at first, but it’s true. Like I mentioned earlier, captive and independent agents both have their strengths and weaknesses:

Captive Agents wrote the book on branding consistency. While they may not all wear ‘khakis’ like Jake from State Farm, they know how to unvaryingly sell a product and have an image of uniformity that independent agents could learn from.
Independent Agents, because they aren’t beholden to one insurance provider, are all about flexibility. They can cover anyone in almost any situation with something from their proverbial ‘bag of tricks,’ something that captive agents sometimes need.
All insurance agents know one thing for certain: it’s important that we continue to evangelize for ourselves as an insurance community. In today’s digital age, an ever-increasing amount of people don’t have a dedicated insurance agent because they’re buying online. It’s our job to show them the downfall of shopping online for insurance, and the benefits of having a dedicated agent to get quotes, file claims, and more.

In the end, both captive and independent insurance agents share one common goal: help their customer get the insurance policies that they need. As a captive agent, it is sometimes hard to find the perfect product for your client within the parameters of the products that you’re allowed to sell.

You can show your customer that you’re willing to be flexible in order to get them the insurance products that they require with a referral to an independent insurance agent just for that product. You will look like an insurance expert, and this gesture will show them that, without question, you have the client’s best interest at heart. And don’t worry – we won’t try to steal your client. We’ll just get them the one policy that they need and send them back to you happy and fully covered.

So, for example, you can send a client to our agency if they need a specialized home insurance policy , but keep their auto insurance and other policies with your company.

If you’re a captive insurance agent and you want to find out more about how you can team up with Vargas and Vargas Insurance Agency for the benefit of your clients, all you have to do is reach out! Call our agency at 617-298-0655 and we can have coffee and figure out how to start a mutually beneficial relationship right away.

I will finish this blog with this quote:

“Price is what you pay value is what you get.”

-Warren Buffet

Portuguese Chicken Recipe from Epicurious | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 10 Dec 2017 14:51:00 GMT

Portuguese Chicken recipe _ Epicurious

Buying Auto Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 07 Dec 2017 11:00:00 GMT

When you call Vargas and Vargas Insurance Agency to get an auto insurance quote, your agent will ask you a series of questions about you, your car, and your driving habits. These questions are designed to assess your risk, and the premium that you will pay for your insurance policy. These questions should always be answered truthfully and to the best of your ability. Here are just a few examples of the questions your agent may ask:

Where do you live and park your vehicle? – The crime rate in the area where your vehicle is normally parked will be considered.
How much do you drive? – Someone is riskier to insure if they drive dozens of miles a day vs. someone that barely uses their vehicle.
Will you use your car for work? – Vehicles used for business purposes may require extra coverage to be fully protected.
Who else will be driving the vehicle? – Other drivers that live with you should be listed on the policy, including spouses and licensed children.

When determining your premium, your insurance agent will consider your answers to these questions, along with the make and model of the vehicle and other factors (including the minimum required insurance coverage in the state of Massachusetts).

Looking for an auto insurance quote? Vargas and Vargas Insurance Agency may be able to save you money on your premium by shopping insurance providers to find you great coverage at a great price. Just call 617-298-0655 to get a free, no-obligation Massachusetts auto insurance quote.

Winter Safety Tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 04 Dec 2017 11:00:00 GMT

Can you believe that it’s December already? It feels like 2017 just started, but we’re getting ready to close the books on this wonderful year. This winter, we want to make sure that you and your loved ones stay safe so that you can enjoy the festivities of the holiday season. Here are just a few tips to help you avoid needing to file an insurance claim this winter:

Driving in the Massachusetts winter weather can be a hazard. Always be vigilant when on the road, and make sure to never get behind the wheel if you’ve had too much to drink. Check out our blog all about driving in the winter for more tips!
When there’s a fresh coating of snow on the ground, it’s a blast to play outside with the little ones. Make snow angels and build a snowman, but make sure that you take plenty of breaks from the cold, and know the signs of frostbite. Remember – children get cold faster than adults!
If you use a fireplace or candles, make sure that you never leave them lit unsupervised. Always make sure that fires are completely extinguished before you leave the room, and keep a vigilant eye on children and pets around flames.

Don’t forget to share these tips with your friends and family! Simply send them a link to this blog post – remember, sharing is caring… especially when it comes to safety. And stay on the lookout for many more holiday themed blogs this month from your friends here at Vargas and Vargas Insurance Agency .

How to Set a Budget | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 30 Nov 2017 11:00:00 GMT

Spending less than you earn is a key part of any person’s financial health. In order to do this successfully, many people set a budget – an itemized list of categories, and how much can be spent on them in a month. Unfortunately, not all budgets work out – and there are four main reasons why. Here is a quick breakdown of the four major reasons why budgets fail, along with advice that you can use when making your own budget to avoid these mistakes:

Overestimating Your Income

When creating your budget, the first thing that you need to do is estimate your monthly income. Include anything that you know you will bring home, but make sure that you don’t ‘pad’ your earnings. It’s not typically advised to include bonuses or overtime ear

ning because it’s not guaranteed – this income should just be a pleasant surprise when it happens. Otherwise your budget will suffer if you don’t receive the income.

Rounding Down Your Spending

Once you figure out your income, the next step of creating a budget is allocating your money into categories like ‘living expenses,’ ‘food,’ ‘entertainment,’ etc. Make sure that you don’t shortchange any of these categories . If your grocery expenses average $80 to $100 a week, for example, start by budgeting $400 to $500 for a month. Remember, this can always be adjusted later when you know what you spend.

Also make sure that you don’t fall into the trap of saying that you’ll lower your spending. If you don’t know how much per month to budget for a category, estimate high and adjust later. Also make sure that you stay within your budget instead of ‘borrowing’ money from other categories. For example, don’t borrow from your grocery money for overflow entertainment expenses… that’s a slippery slope!

Forgetting to Account for Occasional Splurges

The occasional splurge is a part of human nature. Once in a while, we need to buy something special for ourselves or our loved ones. Unfortunately, the typical person’s budget isn’t so understanding of the urge to buy something that’s not planned for ahead of time – that’s where your ‘splurge’ category should come in. If you are proactive and set aside a little bit of money each month for a rare ‘splurge’ purchase, it won’t hurt your bank account when it happens once in a while.

Never Tweaking Your Budget

Creating a budget is easy, but making a budget that works can be difficult. What’s even harder is sticking to that budget in order to reap the benefits of solid financial planning. In a perfect world, you should reevaluate your budget every few months to readjust your allocations . If you want the help of a professional financial planner in Boston, the folks at Vargas and Vargas Insurance Agency have got you covered!

If you need help creating or refining your household’s budget, call the Financial Planning professionals here at Vargas and Vargas Insurance Agency. With one quick call to 617-298-0655 , you can set up a meeting with a professional to get you and your money on track to success in no time.

Important Skill - Building Relationships | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 29 Nov 2017 14:23:00 GMT

I hope that you had a fantastic weekend! As you know, I like to start every week with some words of wisdom:

“The thing that people don’t realize is you want to teach people how to fix things without paying you for it because that builds up leverage, you give up a sale in the beginning, but you get all the sales in the end.”

– Gary Vaynerchuk

Over the next five years, there is one skill undeniably more important to the success of all business professionals than sales. Unfortunately, most are not putting in the hard work to improve this skill. That’s where the opportunity lies for us!

What is this important skill, you ask? It’s building relationships. You need to build relationships today to stand out 5, 10, and 20 years from now. Most businesspeople aren’t doing this today, and the writing’s on the wall for them.

We operate in a marketplace where attention rules all, and those who can attract (and keep) the attention win the game. If you are not doing the work today that sets you up to succeed, you will not be able to compete. There will come a day when what you do and offer in the marketplace may be better and cheaper, but it will be as if you don’t exist because you have not built the relationships to get and keep their attention.

If you look at the money being poured into ads everywhere by the big boys – Trulia , Zillow , Rocket Mortgage , and Morgan & Morgan , for example – the money they are spending doesn’t pan out. They can’t be local like you and me. It’s not the consumer’s fault that they think that they believe the ‘big boys’ – instead, it’s an opportunity for us to educate them.

I am a believer in content marketing , telling your story, being the local and value provider, and giving without expectation of a return. I truly believe that the organizations that will be in business in the next 5, 10, and 20 years are the ones who are laying the groundwork today.

What does that look like? It means getting your customers’ emails and cell phone numbers. I work with some business people who still do not have their customers’ information! There is no way to compete in a world where your competitors have your customers’ email addresses and cell phone numbers and you don’t.

If you want to stay relevant for the next several years, you had better change your way of doing business. You need to put the content out there in all the ways that your customers are consuming it – video, blogs, Facebook, Twitter, Instagram, etc.

If you don’t like to be in front of the camera, find someone who does. If you don’t like to write, find someone who does (hit reply now and I can connect you with my copy editor, she is amazing and an asset to my business).

“There has never been a time in history to attract attention was so valuable.” – Ryan Hanley

Your story needs to be told whether you are a big huge brand or a mom and pop shop, and no one can tell your story like you can. Your ability to tell your story is as important as your ability to sell your products and service. It’s the only way that you will attract the attention to do business in the new digital marketplace.

In today’s world, ‘losing’ means taking the time to perfect the customer experience. It means thinking about the way people answer your phone. It means making less cold calls and writing blog posts or creating bitesize videos about the questions you hear every day.

The truth is that I don’t know where this is all headed, what I do know is this:

“There is a connected generation and an unconnected generation, every day that goes by the connected generation expands and the unconnected generation shrinks, who are you going to bet your future on?”

Make the conscious decision to tell your story and connect with the expanding consumer group. How will you connect? Podcasts, blogs, video? I don’t know, but taking the time today to start building your brand now is what will help you succeed in the upcoming years and even decades. Attention wins the game, and I want you to come along for this ride. Lose today so we can all win tomorrow.

I will leave you with this final quote:

“If you’re not putting relevant content in relevant places, you don’t exist.” – Gary Vaynerchuk
I implore you to heed this advice. You can thank me five years from now.

Have a question? Need help? Leave a message below and I will work your question into a future message.

Know that you are loved!

Lower Mills Holiday Stroll | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 26 Nov 2017 14:53:00 GMT

We Are Thankful | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 23 Nov 2017 11:00:00 GMT

It’s Thanksgiving Day, and rather than share a post about how you can save money or better use your insurance policies, we want to take today and share what we are thankful for most.

Our Clients

If you’re reading this blog post, thank you . You are one of the many reasons that we are thankful at Vargas and Vargas Insurance this holiday season. It’s because of you that we are able to offer great insurance products. We love being able to help you with your insurance quotes , questions, and concerns, and we look forward to maintaining a relationship with you for years to come.

Our Staff

In addition, we are thankful for our staff. We all love coming to work every day and have a blast being able to offer great insurance products to our customers. Helping the people in the Greater Boston area with their insurance needs is a fulfilling and rewarding job, and having such a caring and friendly staff makes Vargas and Vargas Insurance a great place to work.

What are you thankful for? It’s important to participate in the tradition of giving thanks by sharing the things in your life that you appreciate. Make someone feel great this holiday by telling them how much they mean to you. And don’t stop there – show your appreciation every day of the year. If there’s someone here at Vargas and Vargas Insurance that you are thankful for, tell them on our Facebook page .

Happy Thanksgiving from our family to yours. With love from the Vargas and Vargas Insurance Agency.

Insure Your Jewelry | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 20 Nov 2017 11:00:00 GMT

Everybody loves a little bit of bling. Whether your passion is precious metals , gemstones, hand crafted statement pieces, or any of the other dozens of types of jewelry out there, you need to make sure that your valuable items are properly covered – just in case. Thankfully, there are two coverages for your valuable jewelry, general coverage that comes with home and renter’s insurance, and jewelry riders for additional protection.

General jewelry coverage is a part of almost every home insurance and renter’s insurance policy that we offer here at Vargas and Vargas Insurance Agency. This will cover most casual, everyday jewelry. Check with your insurance agent to make sure that you have this basic coverage, and see how much coverage it offers.

If you have valuable items, you may want to check your insurance policy’s coverage offered for theft and mysterious disappearance. There is often a limit on the general coverage that may be less than some of your more valuable items, like a family heirloom or your engagement and wedding rings. For these cases, you may want to inquire about adding protection in the form of a jewelry rider on to your existing insurance policy.

To speak to an experienced insurance professional, call Vargas and Vargas Insurance Agency at 617-298-0655 . One of our agents can tell you if you have enough coverage, and will help you add a jewelry rider to your existing insurance policies if you need some extra protection. These are typically very inexpensive, and are well worth the coverage they offer. So, don’t let your jewelry go uninsured or underinsured any longer – call us today!

Three Mistakes to Avoid When You Purchase Motorcycle Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 17 Nov 2017 15:00:00 GMT

Your motorcycle insurance will protect you and everyone else on the road from the financial consequences of an accident. You need to make sure that you choose the right policy to get the insurance coverage you need at a price you can afford.

Vargas & Vargas Insurance in Dorchester, MA wants to help you find the motorcycle policy that fits your lifestyle. The following are three mistakes to avoid when you purchase motorcycle insurance to make sure you get the ideal policy:

1. Not specifying that a motorcycle is only a recreational vehicle

Some bikers use their motorcycle to make an everyday commute to work. Others are merely recreational riders who might go for a ride on the weekend or only a few times a month.

Make sure you opt for recreational coverage if you’re not using your bike every day. This can save you money on coverage without detracting from the amount of coverage you’re going to get.

2. Buying a bike without considering the costs of insuring it

The costs for insuring particular bike models can widely vary. You should factor the cost of insurance into the decision of making a bike purchase. A higher end or faster bike will more than likely result in higher insurance costs.

3. Purchasing separate motorcycle insurance without first looking into the possibility of a motorcycle endorsement

If you have a car or another type of vehicle, you may be able to add a motorcycle endorsement to your policy so that it will cover both your vehicle and your motorcycle. Bundling insurance is a popular choice if you have all your policies under one insurance agency.

Find the right motorcycle policy in Dorchester, MA with the help of Vargas & Vargas Insurance . Our agents are waiting to answer your questions and are ready to help you start a policy.

Classic Cars Plates | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 16 Nov 2017 11:00:00 GMT

At Vargas and Vargas Insurance Agency, we love seeing classic cars on the road. It takes us back to a simpler time. Did you know that classic cars can have special license plates in the state of Massachusetts? Here are the two specialty plates that you can request for your antique vehicle:

Antique Plates – These plates may only be used for vehicles that are over 25 years old. In addition, the vehicle must be used only for exhibitions, car club events, and similar activities. The total cost of this plate is $50 annually – this will increase to $80 annually if your antique plate is personalized.

Year of Manufacture (YOM) Plates – To keep your car as original as possible, the state of Massachusetts will allow you to use license plates from the vehicle’s year of manufacture. The vehicle must be over 25 years old, and must have passed a state inspection. In addition, you will be required to acquire authentic Massachusetts license plated issued in the model year of your vehicle. The plates must be in good condition, and may be no more than six characters. The fee for using Year of Manufacture Plates is $50 annually.

If you’re interested in finding out more on how to get a specialty plate for your classic car, see the Applying for Specialty License Plates page on dmv.org.

We want to make sure the classic cars in the Greater Boston area are properly looked after, and protected. That’s why we offer top-notch classic car insurance for our clients. For a free insurance quote on a policy that will protect your classic car, just call 617-298-0655 and speak to a Vargas and Vargas Insurance agent.

Black Friday Shopping | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 13 Nov 2017 11:00:00 GMT

When the feasting is over, and Thanksgiving is done, it will be time to gear up for deals – that is, if you’re a Black Friday shopper. Unless you’ve been living under a rock for a few dozen years, you know what Black Friday is: a day of savings and often a great opportunity for bargain shopping.

Here’s the secret to getting the most out of Black Friday – it’s all about planning ahead.

Gather the advertisements for stores that you are interested in, and see when their sales start, and whether they are available online or in-store only. In recent years, some stores have been starting sales on Thanksgiving night, while others wait until bright and early on Friday morning. If you want to snag more than one big deal, you may need to recruit a friend or loved one so that you can divide and conquer once the shopping madness begins.

Make sure that you don’t get lured in by a fantastic sounding deal. Just remember, “If it sounds too good to be true, it probably is.” Retailers want to sell as much as they can, so they sometimes make inferior products sound like a good buy, so check the specs of electronics before you make a purchase.

Don’t forget to increase your savings with coupons, memberships, and savings apps . Every little bit of money that you save now will mean more that you can spend during the holiday season!

And remember – you don’t have to wait until Black Friday to save on your Massachusetts insurance policies. Vargas and Vargas Insurance Agency always has great deals on home insurance , auto insurance , business insurance , and all of our other products. Just call 617-298-0655 for a free quote.

Aunt Rose and me | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 10 Nov 2017 19:01:00 GMT

At Cristiana’s wedding shower at Granite Links Braintree MA

The family 2017 | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 10 Nov 2017 18:58:00 GMT

Monica, Jonathan, Kathy, Carlos, Cristiana and Matthew

Celebrating Matthew and Cristiana’s engagement at Del Frisco’s in the Boston Seaport.

#The Man | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 10 Nov 2017 18:43:00 GMT

2017 photo.

Our visit to Madame Tussauds Wax Museum 1989

Mom and me on her birthday | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 10 Nov 2017 18:41:00 GMT

Thanksgiving Tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 09 Nov 2017 11:00:00 GMT

It is hard to believe that it’s already November! The Holiday Season is quickly approaching, and that can only mean one thing: Thanksgiving is right around the corner. If you’re planning on hosting Thanksgiving dinner for your friends and family, use these tips to keep things stress-free and running smoothly:

Start with a calendar – Print out a blank calendar for the week leading up to Thanksgiving. You can use it to plan out when you will be shopping, decorating, preparing for company, and doing your preparation. And don’t forget to figure out when to take the turkey out of the freezer if you’re using a frozen bird!
Start shopping early – You probably have an idea of what you will make ahead of time, so don’t wait to start buying the nonperishables that you will need for the day. It will save you a lot of hassle (and cart space) when you make your big holiday trip to the store.
Do everything you can ahead of time – You will have enough on your (both proverbial and literal) plate on Thanksgiving Day, so make sure that you do all that you can in advance. This includes make-ahead dishes like pies, but can also include tasks like setting the table . Before you go to bed, make sure that the dishwasher and trash cans are empty – they’ll need to be ready for heavy use on Thanksgiving!

One more thing that you can do to get ready for the big day is to call your insurance agent and ask them for a home insurance review. It will give you peace of mind to know that you are protected during the holiday season, and all you have to do is call 617-298-0655 .

Filing a Condo Claim | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 06 Nov 2017 11:00:00 GMT

Condominiums are a great alternative for homeowners. With a Massachusetts condominium, you get perks of homeownership and perks of apartment living in one place.

When there is an issue, however, you need to know which policy covers the damage. This will tell you who must file the claim – you, the unit owner, or the condo association. Here is a quick breakdown of what each policy typically covers.

Master Insurance Policy – Often considered “walls-out” coverage, a condo association’s master policy often covers the walls of their buildings, as well as common areas. They may have liability insurance in case an accident occurs in a common area. There is often additional Directors and Officers Liability coverage built in to the policy.

Unit Owner’s Coverage – Insurance for condo unit owners often covers everything inside the walls. This includes personal property, fixtures, appliances, and more. Sometimes unit owners will also need to insure carpeting and cabinets as well. In addition, it is always advisable to have liability insurance – just in case an accident occurs inside the unit.

While this is typically how the coverage falls, each condominium association will have their own unique policy, and the verbiage in that policy will affect your Unit Owner’s policy. To know for sure who is responsible for damages, call your insurance provider.

And if you need a Massachusetts condo insurance policy, just call our agency at 617-298-0655 . We are experienced at writing both master insurance policies and unit owner’s coverage, so we are ready to take care of your needs, no matter how big or small they may be. Call today!

Diabetes Awareness | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 02 Nov 2017 11:00:00 GMT

Did you know that November is American Diabetes Month? Diabetes is a group of diseases indicated by insulin deficiencies or improper reactions to insulin in the body, and result in having too much sugar in the blood. More than 30 million Americans have diabetes , and many more will develop the condition in their lifetime.

Thankfully, there are a few things that you can do to lessen the likelihood of being affected by type 2 diabetes:

Make healthier choices when you eat. Incorporate more fruits and vegetables in your diet, and cut back on foods high in fat and added sugar. Also decrease your calorie consumption by having smaller portions.
Take small steps to be more physically active. Go for short walks a few times every week, and take the stairs instead of the elevator. Your goal should be to get at least 30 minutes of exercise five days of the week.
Maintain a healthy weight (find your ideal weight with BMI calculations ).
Quit smoking .

If you take just a few of these steps, you will notice your overall health improve. Your cholesterol, blood pressure, and blood glucose should be better, and you will be at a much lower risk for developing type 2 diabetes, as well as heart disease and stroke.

Another very important part of making sure that you stay healthy is seeing your doctor regularly. Make sure that you encourage your family and friends to use their Massachusetts health insurance policies to see their primary care physician regularly, as catching symptoms of diabetes early is crucial. For more health insurance information, call Vargas and Vargas Insurance Agency at 617-298-0655 .

File a Home Ins Claim | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 30 Oct 2017 11:00:00 GMT

Imagine this: your home is affected by a fire or a flood. No one wants this to happen, but there is always the chance that it will, and you need to be ready just in case that it happens to you. Chances are you would be in financial trouble if your home were destroyed if it wasn’t for your home insurance policy.

Thankfully, massive claims due to fires, floods, and other major disasters are few and far between. Smaller claims are much more common for Boston home insurance policies . But how do you know when it’s worth filing an insurance claim, and when to cover the damage yourself?

There are two major factors that affect whether you should file an insurance claim: your deductible and the number of previous claims on your policy. Deductibles are different for every policy, and can vary quite a bit. If the cost to fix your damage is less than your deductible amount, there is no reason to file a claim. If your deductible is less than the damages, you need to weigh the amount of money you would receive vs. the cost of filing the claim. After all, having a claim on your policy may raise your premium in the future.

Your home is a very valuable asset. Here at Vargas and Vargas Insurance, we would hate to see something happen to it without the right protection. That’s why we offer top of the line Massachusetts home insurance policies for all of our clients. For a free quote, just call 617-298-0655 and speak with one of our agents.

Wedding Guest Tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 26 Oct 2017 11:00:00 GMT

When was the last time you attended a wedding? There have been a lot in the Vargas and Vargas family recently! It got us thinking – we should write a guide for how to be the perfect wedding guest! Here are just a few of the tips and tricks that we’ve learned:

When you receive an invitation, make sure that you respond by the RSVP date. If you accept the invitation and then need to back out, let the couple know as soon as possible.
If you get the newlyweds a gift from their registry, consider just letting the store ship it directly to the provided address. That will save the stress of needing to bring it to the occasion, and it will save the couple from having to transport it home themselves.
Abide by the dress code stated in the invitation. If no instructions are given, use your best judgement, and remember to consider the location and time of day of the event.
Be present. Don’t spend the whole event behind your phone camera. After all, the bride and groom probably hired a professional photographer – so you should have a good time and trust the professional to capture the memories.
Don’t be afraid to mingle! It’s your chance to see old friends, but don’t forget to also make some new ones! Talk to someone you’ve never met about how lovely the ceremony was, or ask how they know the newlyweds.

Do you know someone who is counting the days until their wedding? Do them a favor and give them the phone number of Vargas and Vargas Insurance – 617-298-0655 . Make sure they know just how important it is to insure big events like weddings, and tell them that a free quote for wedding insurance is just a phone call away! While they’re at it, suggest that the beginning of a marriage is a great time to start looking into a life insurance policy.

Redecorate Your Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 23 Oct 2017 11:00:00 GMT

Your home should be a place you look forward to being – somewhere that makes you happy and at peace. Unfortunately, it is a part of human nature to need change, so there’s a good chance that your home will start to feel a little stale after a while. That’s a clear-cut sign that you need to do something to update your décor.

Here is a simple trick that you can use – take a good look at each piece of decoration in your home, and ask yourself, “Does this give me joy?” If the item no longer brings you happiness, it may be time to get something new. Take a look at Pinterest (while you’re there, follow me !) and find an idea that you can use to redecorate your home that will bring joy to you and your loved ones.

If you want to bring a new energy into your home without breaking the bank, there are some easy things that you can do to redecorate on a budget. Instead of splurging on wallpaper, make your own stencil and use paint. Thrift stores and estate sales can be a bargain-hunter’s best friend, and are especially great for finding shabby-chic décor. Bathrooms in need of a spruce will be brand new with a new shower curtain, and DIY artwork is always an affordable and effective project.

And remember – if you do any major redecoration (or especially if you go one step further and remodel) call your insurance agent at Vargas and Vargas Insurance to update your Massachusetts homeowner’s insurance . Doing so will ensure that your new decorations are all protected in case you need to make a claim in the future.

Seat Belt Statistics | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 19 Oct 2017 11:00:00 GMT

For most of us, there is a routine when getting in the car to go somewhere. Typically, it involves arranging your stuff, possibly getting kids settled in, putting on a seat belt, and then hitting the road. You might be surprised to find out, however, how many people skip the crucial step of putting on a seat belt. Check out these seat belt statistics:

According to a study from 2012, only 73% of drivers and front seat passengers wear a seat belt in Massachusetts. The reported national average is 86%.
Car accidents are a leading cause of death of people aged 1-54 in the US.
Over 21,000 people died in crashes in 2014 – over half of those aged 13-44 in those accidents were unrestrained at the time of the crash.
The use of seat belts reduces serious injuries and deaths by about half .

In the state of Massachusetts, drivers and all passengers aged 13 and over must be wearing a seat belt when a vehicle is in operation. There are also additional child restraint laws for children 12 and under.

If you want to prevent serious injury to yourself and your passengers when you are driving, make sure that every person is properly restrained before the vehicle begins to move. This should be done for all car trips, no matter how short. While it is unrelated to seat belt laws, it is also important to remember that texting while driving is illegal in Massachusetts.

Having a top-notch auto insurance policy is another important part of owning a car. If you want a free car insurance quote or review, just call Vargas and Vargas Insurance Agency at 617-298-0655 .

Fill in the Gaps with Umbrella Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 16 Oct 2017 14:00:00 GMT

Your auto, property, and business insurance policies cover most of your valuables. But for those with multiple properties, luxury items, and other high-dollar assets, these policies may not fully cover your investment. If a complete loss occurs, you could be left footing the bill.

Vargas and Vargas Insurance in Dorchester, MA offers insurance policies to protect the things you care about most. Our experts are able to customize a package of policies to fit your specific needs. However, all policies have their limits.

Umbrella insurance policies provide additional coverage for your existing plans. Here are several ways an umbrella policy can protect you financially.

Commercial Umbrella Insurance

A lawsuit, natural disaster, or economic fluctuations can contribute to the ruin of a thriving business. You may need more than your current policies provide if a catastrophic event takes your property and inventory.

When the liability limit on your primary policy is reached, your umbrella policy will provide additional funds to get you back on your feet. This removes the financial burden when problems occur, giving you the peace of mind to deal with other issues. Your losses from legal judgments, natural disasters, and theft may be covered.

Umbrella Policies for Home and Auto

For most people, your primary residence and vehicle are your largest assets. If your house burns down or your car gets totaled, primary policies may help pay off what you still owe. Any extra may not cover the cost of replacing your property.

After your auto, renters, or auto insurance pays their share, an umbrella policy further reduces your out-of-pocket costs for replacing your property.

Contact the insurance experts at Vargas and Vargas Insurance in Dorchester, MA. We can help you decide if umbrella insurance is the right strategy for you.

Equifax Data Breach | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 16 Oct 2017 11:00:00 GMT

By now, I’m sure that you have heard about the data breach that happened at Equifax, one of the largest credit reporting agencies in the US. It turns out that my wife Kathy and I were affected, and I have since signed up for the free credit monitoring offered by Equifax. This got me thinking about what other precautions I should be taking to protect my identity. Here are just a few ideas:

Shred everything that has personal information on it. Get a cross-cutting shredder and put it in a central location in your home – it will easily pay for itself in peace of mind.
When paying for something, try to always use either cash or a credit card. Debit cards don’t offer liability protection , and checks are easy to duplicate.
Consider hiring a service to monitor your credit. There are plenty out there, both paid and free – just make sure that you are familiar with the level of service offered before you pick one.

If you were affected, it’s important to remember that the hackers are likely to keep your information for several years before they attempt to use it, so it’s crucial that you stay diligent and always be on the lookout for suspicious activity in your financial accounts as well as on your credit reports.

Now there are rumors that Equifax may have been hacked a second time. This just goes to show how important it is to protect your personal information in this digital age. Make sure that you stay safe, and that you take your safety seriously. Call Vargas and Vargas Insurance if you have any questions that we can answer for you. Our office number is 617-298-0655 .

Plants for Home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 12 Oct 2017 11:00:00 GMT

Have you ever felt like your home needed a little burst of freshness and color? It’s easy to get into a groove (or, rather, a rut) when it comes to your home’s accessories – but fear not! All you need to do if you want to cheer up a room in your home is add a bouquet of freshly cut flowers!

First, a fun fact. Did you know that hospital patients who have plants or flowers in their room often need less post-operative medicine ? In addition, these patients had lower blood pressure and less anxiety. And you can take advantage of the stress relief at home by simply adding a small plant or vase of flowers to a room that you spend a lot of time in.

In addition, the color of the flowers that you choose can impact the mood that your bouquet creates. Choose lighter, similar colors to increase your relaxation, or a bright and varied bunch for an energizing vibe. Even consider bringing in some flowers or a plant to the office to boost your productivity and be the envy of your coworkers!

Adding a plant to your Massachusetts home or office will also act as a natural humidifier, and plants can remove 87% of toxins from the air every day! So whether you’re looking for some inspiration, relaxation, energy, or health benefits, a bunch of flowers or a potted plant may be the answer!

If you would like to buy a lovely plant or a bunch of flowers for your home, stop by one of my favorite local flower shops, Cedar Grove Gardens . And if you want to add to your peace of mind with more than just flowers, call 617-298-0655 for a free Boston home insurance review from your friends here at Vargas and Vargas Insurance Agency.

Three Common Myths about Flu Vaccines | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 09 Oct 2017 11:00:00 GMT

Have you gotten your flu shot yet? Many people want an excuse to not have to get poked with a needle, but getting a flu shot is one of the best things you can do for yourself in the fall and winter. In this post, we want to clear up a few of the common misconceptions around the flu shot:

Myth 1: The Flu Vaccine can give you the flu .

While it is true that some flu shots are made with an ‘inactivated’ flu virus, it has been scientifically proven that these shots can’t make you sick.

Myth 2: It’s better to risk getting the flu than to get the vaccine.

Some people would rather take their chances, and some will say “I’ve never gotten the shot, and I’ve never gotten sick.” But it’s not worth the risk – the flu can be very serious in some cases, and can on occasion result in complications. The CDC recommends that everyone over 6 months of age receive the vaccine.

Myth 3: You don’t need to get the vaccine every year.

Just getting one shot isn’t enough to keep you protected against the flu virus. The protection that the vaccine offers wanes over time, so you need to get a vaccine every fall in order to maintain maximum defense against the flu.

Make sure that you use your Massachusetts health insurance when you get your flu vaccine – many insurance providers will cover part or all of the cost of the vaccine. And if you have any questions about your health insurance policy, you can always reach out to Vargas and Vargas Insurance Agency at 617-298-0655 .

Handing Out Halloween Candy | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 05 Oct 2017 11:00:00 GMT

There’s no doubt about it – Halloween is right around the corner. No doubt you’ve noticed the huge displays of decorations, costumes, and candy in your favorite stores. If you’re planning to get in the spooky spirit and pass out candy to trick-or-treaters this year, here are some tips to make sure that you are one of the ‘cool houses’ on the block:

Let trick-or-treaters know that they should come to your home for candy on Halloween night. This should be done by decorating your home (it doesn’t have to be extravagant) and by leaving the porch light on.
Kids love when they are recognized, so do yourself a favor and brush up on this year’s most popular costumes , including Marvel and DC superheroes, Disney princesses, and more.
Only give out candy that is sealed in its original packaging. While it is a nice thought to give kids homemade treats, most parents won’t allow their kids to eat these kinds of treats from strangers.
Your trick-or-treaters will be looking for sugar, so don’t disappoint by handing out pencils (or worse – toothbrushes). If you want to give something like a pencil or small toy, do so alongside a piece of candy.
If you don’t want to be bothered by your doorbell all night long (and you don’t mind missing all the cute costumes), you may choose to put out a small bowl of candy. It’s best to put out less and refill often so that latecomers aren’t disappointed by an empty bowl.

Before the big day, make sure that your home is ready for any ‘trick’ with the right Massachusetts home insurance policy from Vargas and Vargas Insurance Agency. One quick call to 617-298-0655 will help you ensure that no ghouls, goblins, or poltergeists get the best of you this Halloween.

MA Apple Picking | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 02 Oct 2017 11:00:00 GMT

One of the most popular activities in the Fall here in Massachusetts is picking produce. And there’s good news on that front – now is the perfect time for apple picking! Orchards have been open for a few weeks, but we’re hitting peak season to get ripe, perfect apples. So sometime between now and Veteran’s Day, pack up your family and hit your nearest apple orchard to see what fun you’ve been missing.

When you’re picking, make sure to look for apples that are firm and bruise-free. The color of your apple will change based on the variety of apple you’re picking, so you can’t depend on the color of your apple to tell you if it’s ready to pick. It’s also important to remember that apples ripen from the center of the tree outwards.

In addition, some farms will offer much more than just fruit harvesting. If you want a little more excitement, find a place that also has apple cider doughnuts (they’re a Fall favorite here at Vargas and Vargas Insurance ), hayrides, or even a petting zoo.

Once you’ve got your apples in hand, you need to decide what to do with them. Sure, apples are great as a snack, but there’s nothing quite like a homemade apple pie that’s made with apples you picked off the tree with your own hands. If you want something a little healthier, try putting your apples in a smoothie or a salad. You can even use them to make apple chips! If you’re a fan of Fall spices, why not try making your own apple butter or an apple cider?

Make sure that you stay tuned to the Vargas and Vargas Insurance Blog for more ideas about seasonal activities here in Massachusetts. And remember to call 617-298-0655 with your insurance questions and quote needs!

Small Business Moving | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 28 Sep 2017 11:00:00 GMT

People move from house to house all the time, but you don’t hear about businesses moving very often. If you are thinking about finding a new home for your small business, be aware that a business move provides its own set of challenges. Here are just a few pieces of advice for your move from the Massachusetts business insurance experts:

As soon as you decide that you’re moving (and have a destination), begin calling several moving companies for quotes. Spots can fill up fast depending on the time of year that you wish to move, so book plenty far in advance.
If there is any office furniture that won’t be making the move with you, schedule a pickup in advance. Many companies like Goodwill and the Salvation Army will pick up donations for free.
Begin packing as soon as you can. Non-essentials should be packed early, and make sure that you carefully label all cords for electronics so they don’t get misplaced in the move.
Before you pack any computers or electronics, make sure to do a full and thorough backup of all your information and data. This could save you a huge headache if anything gets hurt beyond repair in the move, and is just a good practice to do every so often.

It’s also important to make sure that your business’s belongings are protected during the move, so purchase insurance! And make sure to update your Massachusetts small business insurance policy with your new address once your move is complete – just call Vargas and Vargas Insurance Agency at 617-298-0655 to update your policy.

Prepare for Storms | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 25 Sep 2017 11:00:00 GMT

In the Fall and Winter, New England can get hit with some nasty hurricanes and blizzards. Don’t wait until the last minute to prepare your family – do a little bit of prep now and you will be ready when a storm threatens the area. Here is a list of some of the things that you should have to get you started:

Food and Water – You should always have enough nonperishable foods and water for each member of your household to last one week or more. This typically means one gallon of water per day , plus foods like canned goods, and dry foods like cereal, nuts, crackers, and protein bars. And don’t forget to keep an emergency food supply for pets also!
Clothing – Each person in your household should have access to plenty of warm clothing, including hats and gloves.
General Supplies – If a storm is coming your way, make sure you have essential supplies handy. These will include flashlights and extra batteries, a first aid kit , paper dishware and plastic cutlery, paper towels, toilet paper, medications, and more.
Tools – You will need a few tools to weather a storm. Scissors and a manual can opener are a must. In addition, it would help if you had access to a pocket knife, multi-function tool, and a fire extinguisher.

While you’re preparing for potential storms, you should gather digital items as well as physical. 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. To find out if your insurance is ready for a fall or winter storm, call Vargas and Vargas Insurance Agency at 617-298-0655 .

Teenage Driving Guide | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 21 Sep 2017 11:00:00 GMT

Children grow up so fast. It seems like they just start to walk, and the next thing you know they’re getting their learners permit and ready to start driving. If you have a teenager who is just about to get their Massachusetts learner’s permit , here are a few steps that you should take to make it a smooth transition:

The first step that you should take when your child gets their permit is to call your insurance agent. They will help add your child to your Massachusetts auto insurance policy so that they are insured while they learn to drive.
It’s important to let your agent know if your child is a good student, and if they have completed a driver’s education course. Either (or both) of these criteria will help to lower your insurance premium.
If you want to further compensate for the cost of adding a teenage driver to your auto insurance policy, consider lowering your deductible. Ask your agent if this is the right choice for you.
While you are making changes to your insurance policies, consider adding an umbrella insurance policy to your portfolio. This coverage is very affordable, especially considering how much protection it provides. After all, teenagers are inexperienced drivers and are more likely to cause a major accident that would, without the proper umbrella insurance, potentially cause financial distress.

To talk to your Boston insurance agent about the new driver in your household, just call 617-298-0655 . We can help you get them added to your auto insurance policy, and get you a free umbrella insurance quote to consider.

Is Your House Located in a Flood Plain? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 19 Sep 2017 14:00:00 GMT

It’s not always obvious that a house is in a flood plain. If you live near a river or oceanfront, you may think you’re safe based on how many buildings or hills there are between you and the water. Even if you can’t see the waterfront from your home, that doesn’t mean the water can’t get you. Agents at Vargas & Vargas Insurance serving Dorchester, MA can help you find out if flood insurance is required, and if it is worth the purchase if not.

The federal government requires that homeowners who live in an area at high risk for flooding purchase flood insurance. Homes that are further away from the waterfront and lack the federal flood insurance requirement may still need flood insurance. Your mortgage lender may require that you purchase flood insurance, depending on the location of the house. Some may assume that flooding is covered by a home insurance policy, but this is not the case. It is also sometimes important to take research into your own hands to learn more about your geographical location.

For starters, you could look up how many floods have occurred in your area in a specific date range. On the Federal Emergency Management Agency (FEMA) website, you can find a visualization tool that allows you to select your state and see how many times a flood has occurred in each county in recent years.

Ultimately, even if your house isn’t in a flood plain and flood insurance isn’t mandated on your home, the decision about purchasing a policy is up to you. Contact an agent at Vargas & Vargas Insurance if you live in the Dorchester, MA area, and they can offer you guidance on this important decision.

Business coverage options | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 18 Sep 2017 11:40:00 GMT

Does your business own or use automobiles? If you have a trailer, truck, or delivery vehicle to help you get your job done, you may need a Massachusetts commercial auto insurance policy in addition to your basic business insurance. To find out if a business auto insurance policy is right for you, talk to Vargas and Vargas Insurance – your Boston insurance experts . When you’re purchasing this coverage, your agent will help you determine if you need the following:

Collision Coverage – Pays for damage to covered automobile that is caused by a collision.
Comprehensive Coverage – Pays for loss or damage of insured vehicle that is not caused by an accident.
Personal Injury Coverage – Pays medical expenses for employees and clients involved in an accident while riding in the covered vehicle. Will sometimes also cover funeral expenses, if necessary.
Uninsured Motorist Coverage – Helps pay costs associated with an accident with an uninsured or underinsured
Property Damage Liability Coverage – Pays damages for damage to the property of others, as well as court costs if you are sued.
Bodily Injury Liability Coverage – Pays damages got bodily injury to others, as well as court costs if you are sued.

In addition to these types of protection for vehicles owned by the business, we can offer Employers Non-Owned Car Liability Coverage for your business. This coverage is specifically designed for businesses whose employees drive their own vehicles for work purposes.

When you’re ready to talk about your commercial auto insurance needs, just call Vargas and Vargas Insurance Agency at 617-298-0655 . We can guide you through the process and get you a free, no-obligation quote that will satisfy the needs of you and your Massachusetts small business.

Auto insurance should not be confusing | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 13 Sep 2017 17:07:00 GMT

Auto insurance policies can be confusing, and you shouldn’t believe all of the information that’s out there. Sometimes misinformation spreads, but Vargas and Vargas Insurance is here to help separate fact from fiction. Here are three common auto insurance myths, debunked:

Red cars cost more to insure – When you purchase auto coverage, insurance providers aren’t going to consider the color of your car when determining your premium. Instead, they will look at the car’s make, model, and year. Other bits of information will also be factored in, including the home location of the vehicle, and information about the driver(s) of the car.

I’m covered for theft, vandalism, fire, and flood – Just because you have a Massachusetts auto insurance policy doesn’t mean you are covered for every possible type of scenario that will damage your car. People who own their car aren’t required to have coverage for these situations, so talk to your insurance agent to make sure that you will be covered in all of these circumstances.

A friend borrowed my car and got into an accident, so he is responsible for the damage – Auto insurance covers a vehicle , not a driver . If your car is in an accident, it will be covered by your auto insurance. Also make sure that your insurance will allow others to use your vehicle before you lend it to anyone not listed on the policy.

People can say some crazy things about auto insurance. If you have any questions about your coverage, all you have to do to get answers is call Vargas and Vargas Insurance Agency at 617-298-0655 . Our Massachusetts insurance agents know what is true and what isn’t, and we will be happy to help you with your queries and concerns.

Going dark for awhile | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 13 Sep 2017 15:47:00 GMT

Summertime is quickly coming to an end. I am going dark for a little while.

Kathy and I are headed out of town to refuel. Years ago, we started vacationing “ on the shoulder ” of seasons, due to the cost, less hustle, and bustle at popular vacation spots.

After many months of doing my best to encourage, inspire and serve, giving many presentations, coaching some amazing business people, and making many new friends, we are taking some time to refresh our batteries.

Doing good for others without doing good for yourself isn’t very good, is it?

This is why you will not be hearing from me for the next few weeks.

So I’m taking this time to regenerate, spend time with friends and loved ones, swim, golf, continue my quest to be better physically fit, read, reflect, and just be a human being versus a human doing . I’ve been at this for a long time (37 years) and hope to be around many, many more years. Vitality is essential for longevity, so I’m protecting mine.

I will also be using my “ dark time ” to reread some of my favorite books. Try to reshape my thinking, develop my philosophy, and reset my being, so I come back strong in early October so that I can serve you even better.

One of the books that I am re-reading is Questions for the Dalai Lama: Answers on Love, Success, Happiness, & the Meaning of Life . Here is a passage that I felt was worthy to share with you:

What did you enjoy reading this summer? Leave a reply below, I would LOVE to know.

Hope all this helps. After all, our world needs more heroes. Why wait for them when you have it in you to become one of them?

In my absence, please remember that Jeff Camara and the Vargas and Vargas Insurance team are always available to help you and your clients with insurance questions, quotes, and any problems you may encounter. They can be reached by:

Telephone: 617-298-0655
Text: 617-409-0329
Quote team email: quotes@vargasinsurance.com
Service and claim team email: customerservice@vargasinsurance.com

And know that you are loved! Now go out and have some awesome weeks!

It’s your turn (it’s always your turn)!

Prepare for the leaves to change | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 12 Sep 2017 21:21:00 GMT

Temperatures are slowly dropping here in Massachusetts. As you prepare for the leaves to change (and eagerly await your first Pumpkin Spice Latte of the year) make sure that your focus stays on being at your best. One of the most important ways to stay at your peak is to stay healthy. Here are some tips on how to stay healthy in the Fall months:

Don’t Skip the Flu Shot: No one wants to get the flu, so prevent it with a flu shot ( if you are eligible ). Also do your best to avoid getting a cold by keeping your hands clean, among other preventative techniques.
Embrace a Pumpkin Diet: In addition to being a great decorating item, pumpkins are a great food! They are high in vitamins A and C, and the seeds are a great healthy snack when roasted.
Enjoy the Weather: Fall is the perfect time to get outside and exercise. Winter’s harsh cold will be here before you know it, so don’t squander this perfectly crisp and cool weather.
Plan Ahead for Holidays: It’s never too early to start making plans for Thanksgiving. If you’re hosting friends and family, make sure that there are plenty of healthy options on the table.

For more great tips on how to be at your best, stay tuned to the Vargas and Vargas Insurance blog . And remember, our agents are here to help with all of your Massachusetts insurance needs – just call 617-298-0655 with your insurance questions, and let us know if you would like a quote!

Advice for you vacation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 09 Sep 2017 16:16:00 GMT

When a vacation is on the horizon, it’s important to make sure that you are fully prepared. This obviously means making sure that the packing is done, but don’t forget about some of the other tasks that should be on your checklist. These are specifically meant to protect you from the threat of identity theft – something you certainly don’t want to deal with… especially right after a vacation:

Don’t post about your vacation on social media. It’s easy to be so excited about an upcoming vacation that you want to share it with the world, but posting on Facebook or tweeting about when you will be out of town is an invitation to identity thieves.
Put a hold on your mail . This is much safer than letting it pile up in your mailbox or asking a neighbor to collect it for you.
Protect your electronics. If you don’t normally have a password or other lock on your devices, you may want to temporarily set one while you are away – this will make it harder for others to use your devices without your permission if you accidentally lose them in an unfamiliar place or leave them in a hotel room unattended.
Alert your bank to the fact that you’re going on vacation. If your bank knows that you’re travelling, they can reach out about potential suspicious activity. You can also choose to temporarily freeze certain accounts to prevent issues.

To further protect yourself before you go on vacation, talk to your Boston insurance agent about reevaluating your home insurance coverage . This will ensure that you are protected in case anything happens while you are away. The number for Vargas and Vargas Insurance Agency is 617-298-0655 . Make sure that it is programmed into your phone before you leave in case of an emergency.

life insurance policy | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 07 Sep 2017 14:10:00 GMT

The death of a loved one is a stressful event, and the agents here at Vargas and Vargas Insurance Agency want to make sure that you are able to navigate the process as easy as possible. If you are the beneficiary of the deceased’s life insurance policy, there are a few steps that you will need to take in order to submit a claim on their Massachusetts life insurance policy.

Get several copies of the Death Certificate . Many financial institutions will need an official copy of the certificate in order to close accounts, and life insurance companies are no different.
Call the insurance company . When you call, you will most likely need the following information: the insured person’s full name, date of birth, life insurance policy number (if known), and date and cause of death.
Complete all necessary paperwork . Depending on the deceased’s insurance provider, you will probably need to fill out some paperwork in order to make a claim.
Decide on the payout type . Some insurance providers only provide lump sum payouts for life insurance claims, but others will offer installments or annuities
Wait for payout . Often, payouts will be sent soon after the insurance provider reviews and approves the claim. Ask your Massachusetts insurance agent the approximate timeline, and when you should expect to receive a check.

In this tough time, we hope to make the life insurance claim process as stress-free as possible. If you have any questions about your coverage, or about how much life insurance you should have as a benefit to your loved ones, just call 617-298-0655 . One of our friendly and knowledgeable agents will be able to answer your questions or get you a free life insurance quote.

Should you stage your home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 06 Sep 2017 21:15:00 GMT

When trying to sell your Massachusetts home, you know that it is important to do everything you can to entice buyers. One of the best things you can do to increase interest in your home is to stage it. Depending on the Boston real estate agent you work with, they may recommend staging your home right away, or waiting to see the initial interest to evaluate the need for professional staging services.

It is important to note the value in staging a home that’s for sale. In the 2017 Profile of Home Staging from the National Association of Realtors, you can see facts that may convince you to stage your home from the outset of your sale, including:

49% of buyers’ agents said that a staged home had an effect on their buyer’s view.
About one third of buyers’ agents said that staging a home increased the dollar value offered on the home. 50% of sellers’ agents said this increase was up to ten percent.
In addition, nearly 40% of sellers’ agents said that staging a home ‘greatly reduces’ the amount of time that the home is on the market.

If you’re thinking of listing your home for sale, contact Vargas and Vargas Insurance Agency for a list of trusted Massachusetts real estate agents. We work with some of the best in the business, and we would be happy to help you chose the real estate agent that’s right for you. And remember to call us at 617-298-0655 for help with all of your Massachusetts insurance needs.

Change happens when we take massive and specific action… | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 06 Sep 2017 20:51:00 GMT

This might shock you, but complacency kills!

As you know, I like to start every week with some words of wisdom, and this weeks are:

“Change happens when we take massive and specific action. It rarely happens by easing our way into the process. Either risk it or we don’t. Either go 100% or 0%. Gradual and timid change will lead to drawback to our comfort zone. It’s nearly impossible to move forward without a committed and courageous leap.”

-Author unknown

I told a friend the other day that I don’t understand people who say they are having trouble staying motivated. I said something like “If you’re passionate about what you do, you’re going to be motivated. If you’re not, get out of where you’re at, find what you are passionate about, and get to it. Life is too short!”

Motivation is a Choice

Motivation is part of everything you work on. It’s a task to check off. You have to motivate yourself because you have to stay on target. If your goal is to eat well, then there are times when you’re going to want to have some pizza with friends, but it’ll be your job to say, “I’ve got bigger plans, and this pizza is not a part of them.”

I try to workout daily, usually with my wife Kathy, or with my friends Jeff, Paulo and Jason, and I try to eat healthy. But sometimes I would MUCH rather eat lobster mac and cheese and chocolate cake than another five ounces of steamed chicken breast and broccoli. But I have to remind myself that I like the place that my healthy lifestyle journey has taken me. After all, motivation is something one must consciously choose. And remember – complacency kills:

“Complacency is a sword of two edges. One edge kills hard earned successes while the other end stops future glories. Complacency is a murderer and a barrier!” — Israelmore Ayivor

How to Motivate Yourself:

Work towards those goals with a plan, not with a hope and a prayer
Have written reminders of your goal or target everywhere – make sure you see these notes throughout the day
Keep a small note (I use Evernote ) with a list of reminders as to why this goal is important to you
Review your goal, your plan, and your reminders daily
If you’re in jeopardy of slipping, phone a friend (or you can always call me – I would love to help you stay on target and reach your goals)
Remember that discomfort is temporary, and at times can even be a good thing
And there’s the ever delightful “suck it up, buttercup” to remind yourself to stop complaining (which saps motivation like nothing else can)

It’s always YOUR job to motivate yourself. Not your boss. Not your significant other. Not mom or dad. Only you own that role. It’s YOUR job. It’s YOUR choice. You can’t pass this monkey off to anyone else.

Target – Plan – Reminders – Review – Repeat. Just like that. Got it? That’s all there is to it!

Know that you are loved!

– Carlos

Starting a business | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 21 Aug 2017 13:31:00 GMT

Have you ever thought to yourself, “I should start a business!” Most people have, but very few actually take the required steps to establish a small business. If you’re thinking about becoming an entrepreneur in the state of Massachusetts, here are a few of the first steps that you should take on your journey:

Have a plan – You can’t jump into something like starting a business without a detailed plan. There are plenty of resources online that will help you create a business plan, whether you’re looking to do business online or start with a brick-and-mortar business.
Get Assistance – If it’s your first time starting a business, the path ahead may seem muddled or confusing. Get help from someone that has done it before – they will help create a plan of action to get your business up and running.
Register and Get a License – Depending on how you will be doing business, you will need the proper permits and licenses from the state of Massachusetts before you can open. This web page will help you understand what you will need, and how to obtain it. Some businesses will also be required to submit annual updates to the state.

If you’re looking for someone to help you on your journey, just let me know! I have aided many Massachusetts small business owners in their journey to success, and you may be able to benefit from my assistance. And also remember, Vargas and Vargas Insurance Agency is here to serve you in all of your commercial insurance needs.

bathrooms are a a haven for dirt | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 17 Aug 2017 13:30:00 GMT

We all want to keep our homes clean, and this is especially true of one room: the bathroom. It seems to, at times, be a haven for dirt and grime. Do you ever feel like no matter how much you scrub, your bathrooms get dirty again in a day or two? Here are a few cleaning tips that can help you keep your bathroom looking sparkling and new for more than just a few minutes at a time:

For hard to reach places, have a spare toothbrush dedicated to cleaning. Then you won’t have to worry about getting into nooks and crannies with the corner of a rag.
If you’re someone who would prefer to clean with natural products instead of harsher chemicals, don’t dismiss the power of a baking soda and vinegar paste – it can be used on tubs, showers, toilets, and more!
Cleaning is much easier in the bathroom if everything is organized and out of the way. Instead of piling everything on the countertops, hang shelving or a wall cabinet to hold your odds and ends. Keep everything in its place, and you won’t have to reorganize every time you want to wipe down.

Once your home is clean and fresh, make sure that it is fully protected with a home insurance or renters insurance policy from the Massachusetts insurance experts at Vargas and Vargas Insurance Agency. One quick call to 617-298-0655 can get you the protection and confidence that you deserve. And if you combine your home and auto insurance, you can save money on both insurance policies – just call today for a free quote.

Befriending Your Homeowners Association | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 14 Aug 2017 14:00:00 GMT

Some folks would rather not deal with a Homeowners Association in the first place. If you’re a very private person, you’re probably not likely to buy a suburban house or a condo. You’d probably prefer a ranch style home out in the mountains. If you like being where the action is, if you love your condo, if you like living in a neighborhood of green lawns and pretty houses, you’re going to have to learn how to get along with your HOA. Here are some tips:

Get A Great Insurance Policy

If you live out on your own land and a window breaks, you can go ahead and cover it with a sheet of plastic until you have time to fix it. If you’re part of a Homeowners Association, they’re going to want you to get it fixed ASAP. When talking with Vargas & Vargas Insurance, try to find an insurer that works quick to get you the money you need should something go wrong.

Fraternize!

The HOA’s in Dorchester, MA like it when you’re friendly. Ask them how it’s going when you see your neighbors walking around. Invite them to your barbecues. A few hours of socializing can help to ensure that they weigh in your favor any time there’s a problem.

Invest in Curb Appeal

Part of the appeal of condos is the uniform look from one home to the next, but once you’ve checked with your HOA guidelines, you shouldn’t hesitate to spruce the place up a bit. Your HOA wants nice looking homes to keep the property values up.

There are a lot of places to live in Dorchester, MA. A condo community with a HOA have a lot to offer, and a policy from Vargas & Vargas Insurance can keep you in their good graces.

“Run Your Week Like You Are Dancing On The Edge Of A.. | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 10 Aug 2017 12:13:00 GMT

Everything is NOT important, right?. I’ll even go one step further, everyone is not important. At least not as it relates to you and your business, and your life as a whole.

Our son, Matthew just stopped by to spend a few minutes with Kathy and I before he leaves for his honeymoon in the morning. Before Matthew left our home, he told me a story that gave me the idea for this Message – before Matthew left his branch at #EnterpriseRentACar tonight, he had a meeting with his assistants and support staff and advised them to take some risks this week. He said that he left them with this message;

“Run your week like you are dancing on the edge of a razor blade while trying not to get cut.”

As business owners, you need to take some risks, and it’s the little things that make a big difference. That’s true in marriage, parenting, and in marketing yourself as a mortgage, real estate, legal or any professional. In truth, it’s important in every business. Too often we get caught up in the “thick” of “thin things” and we lose touch with what really drives success in our business.

As we all know, being a loan officer, real estate agent, attorney, solopreneur, or business owner is not easy, BUT having the knowledge and tools to succeed makes running a smooth sailing ship an attainable goal. How many days have you been at the office until 8 pm? How many weekends have you worked when you shouldn’t have? Do you feel like you’ve been running around all day but have not actually done anything you set out to do in the morning? As business owners, these are questions we have all answered “yes” to at some point. But why? Because we don’t have the right mindset to create the job we want vs. the job we have .

In every profession, there are cardinal sins that take you off track and derail your success. Over the next few emails, I will be sharing the marketing sins many of us commit and will help you implement some tips to turn your downfalls into productivity! My challenge to you is to take one or two sins that you’re committing and focus on improving them. When you’ve got them nailed, move on to another sin and overcome it. Business success usually results from the commitment to making small incremental improvements over a long time.

Sin #1: Working “IN” Your Business Instead of “ON” Your Business!
I was working with a friend that I mentor who was in a sales slump. He was putting in a lot of time at work, but was not seeing any results from his efforts. I decided to perform a very simple diagnostic: I asked him to email me a detailed list of all his activities for the next three days and then give me a callback. He did his homework and I received the email listing all his activities and how much time he spent on them. With an immediate glance, I could tell exactly what his problem was — he didn’t realize what business he was in. After reviewing his activities, it was clear that he had become a “Fireman” and was too busy “putting out fires,” because that’s where he spent most of his time. Rather than working “on” his business, he was working “in” his business. The key here is to concentrate on the “non-urgent — but important” tasks and NOT on the “urgent — but not important” tasks.

This mortgage professional (and, maybe you) should be spending more time working “on” your business doing things like proactive sales and marketing activities, which have a higher long-term payoff.

How can less be more when it comes to working? Well, that statement is true, and I would love to show you how to accomplish twice the work in half the time, and reduce your stress in the process. The secret is Pareto’s Law, or the 80/20 Principle – a core foundation of success in business, and in life for that matter.

Now go out and enjoy the rest of your week!

Carlos

Tips for Buying a New Car in Massachusetts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 08 Aug 2017 13:50:00 GMT

Are you in the market for a new car? Massachusetts shoppers should know that buying a new car is exciting, but the process can be complicated and is sometimes stressful. In order to be prepared for your new car shopping experience, review these four car buying tips:

Just like going to the grocery store , you should never go to a car dealership on an empty stomach. Test driving and making a car purchase can be a lengthy process, and you don’t want your state of mind to be altered by hunger.
Pick the most opportune time to go shopping. You want to hit the dealership when they are looking to meet quotas – often around the end of the month. At that time, they are more likely to give you a great deal.
Before you even think about going to a dealership, know the market prices for the cars you’re interested in. You should also look into loan rates at your bank or credit union to know if what the dealership offers is good for you.
Monthly payment isn’t everything. Often, the dealership’s representative will talk to you in terms of your monthly payment. Make sure that you also ask about the loan term, interest rate, and total cost.

Also, don’t forget that insurance expenses are a part of car ownership in Massachusetts. If you would like to know an estimate of insurance costs based on the vehicle makes and models that you are considering, call Vargas and Vargas Insurance Agency at 617-298-0655 – we will give you a Massachusetts car insurance quote so that you are better prepared for your shopping adventure.

Are you prepared? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 04 Aug 2017 13:50:00 GMT

Hurricane season is in full swing here in New England – are you prepared? One of the best ways to make sure that you and your family are ready in case of an emergency is with a family emergency plan . If you don’t have one, here are some things that you should think about and decide:

Designate one out-of-town family member or friend that each person in your family can contact if there is an emergency. This person will be in charge of making sure that everyone is safe and act as a liaison between family members if needed.
Every person in the family should know the out-of-town contact’s phone number, as well as one phone number for each member of the family. “It’s in my phone” doesn’t count – these numbers should be memorized so that they can be accessed from anywhere.
Designate two meeting places in case of an emergency. One should be local – somewhere within a few miles of your home. The other should be further away in case of a more widespread disaster. Also make sure family members know the location of the closest shelter in the area.
All family members should know the locations of family emergency kits – including those in the home and in vehicles. Make sure everyone knows what is in the kits and how each item should be used.

Make sure that you are doubly prepared by keeping the Vargas and Vargas Insurance numbers among your emergency contacts. By having our office number (617-298-0655) and our after-hours line (617-322-5289) with your other numbers, you will be sure that you are able to get a claim going right away on your home, auto, or flood insurance policy if you need to do so.

Seatbelts, move over and. | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 01 Aug 2017 21:21:00 GMT

We are all so lucky to live in the great state of Massachusetts. But I think there’s one other thing we can all agree on – traffic is sometimes (if not often) a mess. If you’ve ever encountered a traffic jam and thought you may never make it to your destination – fear not… you’re not alone. Thankfully, there are many traffic programs here in Massachusetts that are aimed at making the roads better for all drivers. Here are three examples of these traffic safety initiatives:

Click It or Ticket

Did you know that the national average for seatbelt use is 90%? However, Massachusetts has one of the worst seatbelt use cases – 78%. In order to raise the state’s seatbelt use to be closer to the national average, the Highway Safety Division has been using the Click It or Ticket campaign since 2002. It has worked wonders, and has greatly increased seatbelt use and the number of serious injuries and fatalities associated with vehicle accidents.

Drive Sober or Get Pulled Over

In 2014, 40% of Massachusetts traffic deaths were a result of impaired driving. In order to lower the number of intoxicated drivers, Massachusetts began the “Drive Sober or Get Pulled Over” education and enforcement campaign, targeted at men aged 21-34 – the most likely group to drink and drive.

Move Over Law

First responders and police officers are hurt and killed every year while providing aid in emergency situations. In 2009, the state of Massachusetts aimed to keep these people safe by implementing the “ Move Over Law ,” which requires drivers to move into the next available lane (or, if no other lane exists, to reduce their speed) when emergency vehicles or personnel are present.

For more traffic safety tips, make sure that you follow the Vargas and Vargas Insurance blog. We love to post articles that will help to keep you and your loved ones safe while out on the road. And the next time you’re looking for a fair and honest auto insurance review, call our agency at 617-298-0655 . We can help you save money while ensuring that you and your vehicle are protected in case of an accident

sSome back to school tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 29 Jul 2017 21:21:00 GMT

Summer has flown by, and it may be hard to believe, but Boston Public Schools start on September 7 ^th ! If you’re like most parents, you want to make the transition from summer vacation to “Back to School” as seamless as possible. Here are some tips on preparing your kids (and yourself) for the new school year:

Start easing into new bedtimes and wake up times gradually – preferably over the course of a week or more. Nothing will throw a child off more than an abrupt schedule change.
If needed, make sure to schedule your child’s yearly physical ahead of time. This will help you beat the hoard of people that wait until the last minute to update vaccinations or get athletics physicals.
Before you go “Back to School” clothes shopping, go through your child’s existing wardrobe and donate or sell what doesn’t fit.
Make sure that young children have positive anticipation about the first day of school by setting expectations that include seeing and making friends and learning about fun subjects.
Discuss with your child the importance of homework , and create a distraction-free workspace together. Ideally, this is somewhere quiet and well-lit. Older students may need access to a computer. Younger students that don’t have homework on a particular night can be encouraged to read, or self-study about a topic that interests them.

If you want to continue to prepare your family for the year ahead, call Vargas and Vargas Insurance Agency for a review of your Massachusetts home and auto insurance policies. A few minutes of your time and you will be able to update your policies and maybe even find a new discount – so call 617-298-0655 today!

Eye & Eye Optics interview | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 27 Jul 2017 12:44:00 GMT

Hello, everyone! I would like to share with you a few snippets of an interview I recently did with my friend Bobin Nicholson over at Eye & Eye Optics. Bobin and his establishment are the best eyewear boutique in Dorchester – Eye & Eye Optics is the place to go if you need an eye exam or a new pair of glasses.

Carlos : Hello, Bobin! How are you doing on this lovely day?

Bobin : Hi, Carlos – I’m doing great. Loving the summer weather.

Carlos : It has been great, hasn’t it? So, let’s get right down to business… tell me a little bit about Eye & Eye Optics.

Bobin : Well, we’re an eyewear boutique on Dorchester Avenue. We sell glasses and contacts, and we can do eye exams. We’ve been around since 2010, and we’re looking forward to many more years here in this great neighborhood.

Carlos : This really is such a wonderful area, and we love that you’re a part of it! I talk a lot about how important it is to ‘buy local’ – why is supporting the local economy important to you?

Bobin : When someone buys their glasses from a local shop like Eye & Eye Optics, they are receiving the expertise and quality of service that isn’t found online or at a glasses chain store. Keeping dollars in the local economy is also an important part of helping Dorchester thrive.

Carlos : So, I know that you keep up with all of the current eyewear trends and styles. What is your favorite trend in glasses?

Bobin : Glasses used to be so boring – now you can find them in all shapes, styles, and colors! I like to mix up my glasses. Some days I wear more traditional frames. Other times I feel like something funky and fun. To me, it’s all about thinking of glasses as an accessory to your outfit.

Carlos : That’s a great point! I tend to be rather conservative with my glasses. If someone wanted to try something new, what would you suggest?

Bobin : I would probably start by playing with color. Branch out from the typical black and try blue or red, or something with a little sparkle. I have a pair of white glasses that I wear – you would be surprised at how many outfits they go with.

Carlos : Hmm, that’s all the questions I have. If someone wants to get a hold of you, how should they do that?

Bobin : Well, we’re open six days a week at 2271 Dorchester Avenue and they can always drop in during business hours to look at frames. If they have questions or want to schedule an appointment with our on-site opthamologist, they can call us at 617-296-0066.

Carlos : Thanks again for your time, Bobin. Have a great day!

So, if you’re in the market for a new pair of glasses, or if your eyes need their annual checkup, Bobin is your guy! Eye & Eye Optics is a premier eyewear boutique here in Dorchester, and they have glasses to suit every style.

Spend on your car's gas | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 24 Jul 2017 18:24:00 GMT

Have you ever looked at your car’s gas gauge only to realize that it’s time for another fill-up? That glum feeling of needing to refuel doesn’t happen to just you – many people think that they spend more than they should on gas. If you’re looking to get the most of your fill-ups, use these tips:

Take more efficient trips – instead of going out several times in a week to run errands, try to combine your trips so that you’re travelling fewer miles and using less gasoline.
Maintain proper tire inflation – your car will be able to use its fuel more efficiently if its tires are inflated to the manufacturer’s recommended PSI .
Keep your car tuned – engine tune-ups can ensure that your car runs at its best and therefore uses less fuel.
Don’t carry excess weight – every extra few pounds in your car will mean your car uses more gas to accelerate and maintain speed, so decluttering your car could save more than your sanity.
Use good driving habits – aggressive driving has been proven to waste gasoline. This means that defensive drivers could spend less at the pump. In addition, avoiding rapid acceleration and not speeding can further improve your gas mileage.

To save even more, call Vargas and Vargas Insurance Agency for an auto insurance review! One quick and painless call to 617-298-0655 could save you money on your Massachusetts car insurance premiums. We will also check to ensure that you are getting all of the discounts that you deserve. Don’t put it off any longer – call now!

Flood and Hurricanes | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 20 Jul 2017 18:24:00 GMT

You never know when a flood will strike. Hurricanes often bring flooding, and flash floods can happen at any time. Make sure that you’re prepared for the chance of a sudden flood, know how to stay safe during the event, and know how to deal with the fallout of a flood with these tips:

Before – Make sure that you have a well-stocked emergency kit and a family disaster plan . When a flood is forecast, keep up with the weather news. If you have time, you may choose to move valuables and hazardous materials to higher levels of your home, and disconnect electrical appliances (but only do this if it is safe!). Depending on the severity of the forecasted flooding, you may want to evacuate the area.
During – Continue to monitor news about the flood. Once the flooding starts, don’t travel unless you have to, and never drive on flooded roads. If you are advised to evacuate, do so in a safe and timely manner. In short, find high ground and stay there until you are told by officials that it is safe to leave.
After – Do not enter any building that is still flooded. If necessary, have your home checked for structural damage by a professional before you enter. Homes that have been affected by floods are sometimes unsafe – when in doubt, ask for professional assistance. Make sure that you call your Massachusetts insurance provider right away to start the claim process.

You may be surprised to learn that your Massachusetts home insurance, condo insurance, or renter’s insurance doesn’t cover flooding. For that, you need a special flood insurance policy or rider. Call Vargas and Vargas Insurance at 617-298-0655 today to find out how affordable this critical coverage is

Should you take an afternoon nap | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 17 Jul 2017 19:34:00 GMT

It is truly unfortunate that napping is associated with laziness in today’s society. In truth, there are many benefits to polyphasic sleep, including lower stress levels and increased mood. Whether you need an emergency nap on a busy day, or you make it a point to get a snooze in every day, ensure that you get the most out of your afternoon siesta with the following tips:

Limit your nap to 20-30 minutes. This length has been proven to increase alertness without inducing grogginess or sleep inertia.
Choose your environment wisely – a nap while riding the T will never be as restful as one on a quiet couch or bed.
If you have trouble falling asleep for a nap, try using meditation techniques like breathing exercises to calm your mind.
Combine the benefits of napping and caffeine by having a coffee right before a short nap. When you wake up, you should be feeling the effects of both for a double boost!
Lavender is a scent that naturally lowers heart rate and blood pressure, so it can help you relax before you attempt to drift off.

Once you awaken from your nap, you will be more alert and ready to take on any task. Similarly, here at Vargas and Vargas Insurance Agency we are ready to help you with all of your insurance needs! Call 617-298-0655 to speak to one of our agents about a free and no-obligation review of all of your insurance policies – we can make sure that you are fully covered and that you’re not overpaying for your policies. Sweet dreams!

Marketing for Your Small Business | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 14 Jul 2017 19:20:00 GMT

One of the most-asked questions from small business owners is this: How do I market my business without spending a fortune? Thankfully, there are lots of potential customers out there for you, you just have to know how to find them. Here are a few tips for getting the word out about what you offer without breaking the bank:

Word-of-Mouth advertising is free! Just ask your customers if they are happy with the service that you provided and ask them to let their friends, family, and co-workers know about your business, and the word may start to spread.
Leverage Social Media – depending on the type of business you have, you can consider using many social media platforms, including Facebook , Twitter, Instagram, Pinterest, and more.
There are many local events going on in the Greater Boston area all year round. Ask to be an event sponsor or volunteer to help out in order to both aid the community and gain exposure for your business.
Running a contest could encourage your current clients to spread the word about your business – just make sure to spread the word both in person and on your Social Media.
Ask for reviews on Google and Yelp. If a customer is satisfied with your business, let them know that it would be a huge help to you if they would post a review of your business on websites like Yelp and Google. After all, those sites are a major influence on potential customers!
Leverage your friends, family, coworkers, really anyone that you have met in the past, typically referred to as your top 100, or executive 200, I call it working your Dunbar’s 150, leave a message below and I can share with you more details.

Here’s another tip on how to save your small business some money: talk to a Vargas and Vargas Insurance agent about your Massachusetts small business insurance . We can get you the insurance coverage you need while making sure that you get the discounts you deserve – so call 617-298-0655 today for your free quote.

Life Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 12 Jul 2017 19:14:00 GMT

It’s easy to talk about home insurance and car insurance, but life insurance can sometimes be a touchy subject. No one wants to think about what would happen if and when they die, but the insurance coverage that you can get from a Massachusetts life insurance policy is a vital part of ensuring that your loved ones are protected.

When calculating your life insurance needs, there are several factors to consider. Often, people will make sure that there is enough coverage for funeral and end-of-life expenses . In addition, you should consider including coverage to make up for your income, as well as other services you provide for the outcome ( including childcare ). You may also want to include extra benefits to cover college expenses for children, or for an end-of-life gift to your favorite charity.

It is also important to remember to update your life insurance policy as your needs change. Often, an annual life insurance review is enough to ensure that you are always prepared. If it’s been a while since you talked to your agent about your life insurance, you may want to call for a quick chat about what has changed in your life.

If you want your life insurance policy evaluated by a Massachusetts life insurance professional, just call Vargas and Vargas Insurance Agency at 617-298-0655 . We can assess your needs and make sure that your policy will cover your loved ones in your worst-case scenario. We can also help you understand the difference between term life insurance and whole life insurance, and in which scenarios each of these policies is useful. Don’t put off talking about your life insurance needs – call us today.

What are you learning? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 11 Jul 2017 00:27:00 GMT

“Live as if you were to die tomorrow. Learn as if you were to live forever.”
-Mahatma Gandhi

Thank you to everyone who showed their love by replying to last week’s message!

Your feedback and responses have been incredible, AND I am so looking forward to having coffee with you and will reach out to everyone else by the end of this week to schedule a time for us to meet.

I’m glad last week’s emails resonated with so many people!

I am a man in love. I’m in love with many things, and a few people. And I’m also in love with learning – it’s what makes my ‘business-me’ work well.

I’m drinking a Starbucks “Clover Pressed” Panama Carmen Estate Reserve Blend at our local Starbucks shop (I find that I sometimes work better here than at home or the office, it helps me to pause and people watch). What’s in your cup?

I asked in last week’s message, “How are you feeling about your year so far?” I am feeling pretty good about my year… the summer is here, which in my book has always meant that the workload scales back a notch or two and Kathy and I get outdoors more than ever, and all of the meet and greet family and friend events are starting, of which I try to not miss any.

Lately, I’m learning from people who push beyond average. The time for average is over. I am learning from people who live simply but with impact. I’m learning how clarity and the value of integrating your life around the alignment of your mission, your goals, and the targets related to those two points matters a lot more than which social network you use.

We are wasting so much energy in turbulence instead of in forward motion. We are drowning ourselves in distraction (Trump, Russia, impeachment, etc.) and are avoiding facing the work that we must do. We’re still chasing the shiny and new when what we need most are the basics. We are seeking every possible opportunity to lie to ourselves, coddle ourselves, or make excuses.

There are plenty of employees and passive people roaming the planet that are just waiting for “the man” to ruin their lives more so that they will have something new to complain about. But you’re an owner/entrepreneur. Even if you’re an ‘employeepreneur,’ your belief is that you own your choices affect your own your life, and you aim to own your future.

We strive to build our capabilities through learning and executing on that knowledge so that we can be of better service to the people we have the opportunity to serve.

What’s right for you? Even if you’re not sure, I know this: learning is a part of the menu, and it must be. Every day.

Since starting down the path of helping others, I’ve learned that it’s important to be relationship-minded. I’ve learned that, like with all industries, there are good and bad examples. I’ve learned that my concept that “we are all salespeople” is absolutely true in marketing. And I have learned that many self-employed/entrepreneurs are happy to “just be,” rather than growing their knowledge or brand.

Right now I am reading two books, my summer enjoyment reading is Winter of the World by Ken Follet and to stay sharp and continue learning, Fanatical Prospecting by Jeb Blount.

That’s all I have for today. I’m finding myself drawn to people seeking the next level. Those who are making excuses or who feel they’ve already figured it all out aren’t that interesting to me. I’m sure they’re nice people, but I’ve only got 50 years left on this planet (if I’m very lucky) and I’d rather spend it with people who care.

And thus, I end where I began – What you learn matters. Do you agree?

What are you learning?

Carlos

Buying a condominium | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 10 Jul 2017 19:14:00 GMT

Condominiums are one of the best-kept secrets of the real estate world. When looking for a new home, some people still only consider buying a house or renting an apartment, without realizing that purchasing a condo may be the perfect balance between the two – allowing you to have the ‘best of both worlds.’ If you’re in the market for a condo in Boston, check out these buying tips:

Hire a professional Real Estate Agent to help you with your search. If you need a referral, please let us know so that we can connect you to a top-notch agent in the area.
When you’re looking for a unit, make sure that you consider resale value. More bedrooms and bathrooms, scenic views, and better school districts are just a few of the features that will make your condo more appealing the next time you look to move.
Consider the amenities offered at each condominium you tour. Does the complex have a gym? Laundry facilities? Rentable event space? These are all important things to think about when making your decision.
Before you make a final decision, make sure that you are clear on the extra fees associated with the unit you choose. Condos often have monthly maintenance fees , and some will charge property taxes separately.

Once you’ve found your perfect Boston condominium, make sure that you call Vargas and Vargas Insurance Agency at 617-298-0655 to get a quote on Condo Insurance . This policy is tailored specifically for the needs of a condo owner, and will cover your personal belongings, your unit, and anything else not covered in your association’s master policy. For more information, or if you have any questions, simply call our office and speak to an agent!

Summer boating advice | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 03 Jul 2017 16:26:00 GMT

Summer is finally here, and that can only mean one thing – it’s the perfect time to take your boat out and enjoy the water. So, grab a friend or family member and hit the deck! But first, make sure that you brush up on your boating safety with these quick ‘ABC’s of Boating Safety:

A – Avoid Alcohol: It is important that the person operating the boat is not impaired. Leave your alcohol ashore, especially since the effects of alcohol are exaggerated by sun exposure.
B – Be Prepared: You should always do two things to prepare for a boating trip in case of an emergency – make sure that someone on land knows your plans, and communicate your emergency plan to everyone on board.
C – Common Sense is Key: When you’re boating, make sure that you listen to your gut instincts. Don’t overload the boat with passengers (or gear), cut your trip short if you start to sense that a storm is brewing , and always carry the right safety equipment when you go out on the water.

Make sure that you share these safety tips with your friends and family as you prepare to take a trip out onto the water. And remember, if you want to talk to an insurance professional about the best way to protect your watercraft, call Vargas and Vargas Insurance Agency at 617-298-0655, text 617-409-0329, or email us . We can get you a quick and hassle-free quote for Massachusetts boat insurance so that you can spend less time on the phone and more time out on the water!

Make your goals SMART | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 01 Jul 2017 12:39:00 GMT

“Vision is a destination – a fixed point to which we focus all effort. Strategy is a route – an adaptable path to get us where we want to go.” -Simon Sinek

Can you believe that the midpoint of 2017 is almost upon us? If you look back on the first half of this year, did you get done what you wanted to accomplish? How many of your goals are you hitting or have you abandoned? How are you feeling about your year so far? Pull up a chair and a mug of something warm and let’s talk about it. I’ve sitting outside enjoying a delicious organic coffee from my friends at Plate Restaurant and one of their “chubbs” What are YOU drinking? Leave a message below and let me know.

Deliberate Living
When I looked at my business over 13 years ago, I came to a realization: I wasn’t really working as tightly to my plan as I had wanted. And as you know, I do a yearly goal alignment exercise at the beginning of the year and now I have started also looking mid-year at my progress with my goals.

We all get flustered – something fails, we end up feeling like we can’t make it all work, or we set our goals so high or they are so varied that we can’t possibly hit them. Have you heard that expression “You can’t be a servant to two masters?” I’ve been thinking a lot about that. I want to give you a quick run-through of how I’m handling this and what I’m doing to make 2017 my strongest year ever.

Remember my email message last December that said this on setting goals:

Make them “SMART.” This is an acronym, as you probably know, and it is interpreted in various ways by different teachers. When I refer to SMART goals, I mean goals that meet five criteria. They must be:

S pecific—your goals must identify exactly what you want to accomplish in as much specificity as you can muster.
- Bad: Write a book.
- Good: Write a book proposal for The Life Plan Manifesto.
M easurable—as the old adage says, “you can’t manage what you can’t measure.” If possible, try to quantify the result. You want to know absolutely, positively whether or not you hit the goal.
- Bad: “Earn more this year than last.”
- Good: “Earn $5,000 more this year than last.”
A ctionable—every goal should start with an action verb (e.g., “quit,” “run,” “finish,” “eliminate,” etc.) rather than a to-be verb (e.g., “am,” “be,” “have,” etc.)
- Bad: Be more consistent in blogging.
- Good: Write two blog posts per week.
R ealistic—you have to be careful here. A real goal should stretch you, but you have to add a dose of common sense. I go right up to the edge of my comfort zone and then step over it. (If I am not out of my comfort zone, I’m not thinking big enough.)
- Bad: Qualify for the PGA Tour.
- Good: Lower my golf handicap by four strokes.
T ime-bound—every goal needs a date associated with it. When do you plan to deliver on that goal? It could be by year-end (December 31), or it could be more near-term (September 30). A goal without a date is just a dream. Make sure that every goal ends with a ‘by when’ date.
- Bad: Lose 20 pounds.
- Good: Lose 20 pounds by December 31st.

Reevaluate your own goals for 2017
If I were thinking through the categories of how I’d change my goals for 2017, this is what I would all myself:

Where am I now?
Where do I want to be?
What do I think is missing/needs improvement?
What do I already know?
How can I reach my goal?
What needs to be in place to stay consistent?

I hope that these questions are helpful. Work through them and you’ll see that it helps in lots of ways. Use it however you see fit. It’s how I’m starting my mid-year goal review exercises to prepare for the remainder of 2017.

I’m looking forward to living deliberately from my plan, and my plan involves serving you to the best of my ability. Help me stay accountable? Please help me understand how best to serve you – please leave a comment below.

And know that you are loved.

Hope to see you around the neighborhood!

Life Insurance: Term vs. Permanent | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 30 Jun 2017 08:00:00 GMT

When people are alone, they don’t even think about life insurance, but as soon as there is a loved one, family, or a partner, then the idea begins to make a lot more sense.

The first reaction is often the most common; to take out a term life policy. This plan is the most basic form of life insurance, providing coverage for a set period once the customer has been approved. However, even though these plans can go for as long as 30 years, at the end of that period, they end with nothing left for the customer. Then the person either needs to take out a far more expensive plan due to age or walk away, according to Vargas & Vargas Insurance.

With permanent life insurance the customer gets a double benefit. First, there is the primary interest, coverage that provides a financial safety net for loved ones if something happens to the customer. Second, a permanent life insurance plan doesn’t expire or end as long as the customer wants to maintain it. Finally, there is a savings component where some of the money paid into the plan as a premium goes into a savings account. The customer can then access this account in later years or ensure it goes to a partner or beneficiary, providing ready cash at a time when income is limited in the future. Granted, the permanent life insurance approach costs more due to the increased benefits, but the customer retains more of the value overall.

To find out more about how life insurance works, the experts at Vargas & Vargas Insurance can help those in Dorchester, MA with questions or concerns. We have handled multiple policies over the years and are up to date on all the latest aspects of life insurance plans available.

Weight Loss Tips | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 29 Jun 2017 21:54:00 GMT

Bathing suit season is here once again. If you’re getting ready to hit the beach or go out on your boat, you may be thinking about how to lose those extra pesky couple of pounds that you gained over the winter. When it comes down to it, weight loss is all about calories: burn more calories than you consume, and you will lose weight. However, this is sometimes easier said than done. Here are a few tips that will help you consume less calories (and burn more):

Cut out drink calories: You may be surprised how much juice, soda, and alcohol calories add up! Drinking low-calorie beverages like water, tea, and black coffee is a great start to any diet.
Portion control: Instead of giving yourself a giant serving, use a smaller plate to cut back on the size of your meals. Tell yourself that you can always go back for seconds, but odds are you won’t need to.
Increase your protein intake: Protein makes you feel fuller longer and boosts your metabolism. Chicken, eggs, avocado, and almonds ( among other foods ) are great sources of protein.
Take the stairs: In addition to eating less, take even small opportunities to burn a few extra calories. Take the stairs, park in the back of the lot, or take a short walk during your lunch break.

If you’re planning on heading out on your boat or watercraft this summer to show off your swimsuit body, first call Vargas and Vargas Insurance Agency at 617-298-0655 . We can help you with your boat insurance needs, and much more! And remember, stay safe while you’re out on the water!

Preparing to sell you home | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 28 Jun 2017 18:27:00 GMT

If you’re thinking of leaving the Boston area, or if you’re just upgrading to a new home, you need to get your home ready for market. With the help of a top notch real estate professional , you can have your home ready to show off to potential buyers in no time. To start preparing a little early, use the following Realtor-approved tips:

Curb appeal is crucial – make sure that your lawn is manicured, and touch up paint if necessary. Outdoor furniture and windows should be clean, and shrubbery and flowers should be pruned.
You want to make sure that your home feels spacious, so put away clutter. If you’re planning on moving, you can start packing away anything that you won’t need in the near future so that your home feels roomier.
Are there any repairs that will need to be done before your home sells? Get a start on those now – some sellers won’t like the idea of buying a home that needs repairs. For an idea of what needs to be done, ask for the help of a licensed home inspector.
When buyers tour your home, they will need to be able to envision living there. Help this process by depersonalizing the space – remove family photos, toys, and pet items from view.

And remember, when you do sell your home, talk to your Vargas and Vargas Insurance agent about how to cancel or transfer your existing Massachusetts home insurance policy. We are happy to answer any and all of your questions, and we will work hard to make the home insurance process as easy as possible for you and your family.

American flag | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 27 Jun 2017 18:44:00 GMT

This is the time of year that we show our American pride by waving the American flag, hanging it on our homes, boats, bikes, buildings, and cars. It’s easy to forget, though, the proper way to handle and hang the American flag. But, did you know that there are rules for how to handle, respect, honor and dispose of Old Glory?

Here are the top ones.

Orient it correctly. The field of stars should always be at the top-left corner, whether you are hanging it horizontally or vertically. The view should always be from the outside-in, so you still have the field of stars in the top left corner if it’s horizontal or vertical. It’s important that the flag be flown higher than any other flag if there are others beside it.

Leave the light on. Traditionally the flag has flown outside from sunrise to sunset, but if illuminated properly it can be left out for 24 hours. You might try a solar light that gets dim during the day and brightens at night, or a garden spotlight to keep it illuminated throughout the evening.

Consider the weather. You do not want the flag subjected to harsh elements of rain, wind, or snow, but long as it is made of weather-resistant materials, it should be able to withstand those elements.

“Life, liberty, the pursuit of happiness –

– whatever America means to you is symbolized by

the stars and stripes, and we should feel

a sense of pride and gratitude every time we

salute Old Glory.”

Retire the flag once it’s worn out. Traditionally, disposing of a flag is done via burning. If you don’t want to do this yourself, however, you can call the local VFW to dispose of it in a respectful way, or even in a ceremony.

Don’t let it touch the ground or anything beneath it. When flying the flag from your vehicle, you want to attach it to your antenna, or to the right side of the fender, or to your window by letting the Flagstaff hang from the right side.

The flag is not to be used for advertising or promotional purposes. For example, putting it on napkins, plates, and boxes. Anything that’s temporary or can be disposed is restricted.

No decorations of any kind. You can use decorative flag banners, for example, but the flag itself should not be used as such.

It’s important that we handle the flag with the respect, dignity, and honor that it deserves. There are extensive guidelines, per the U.S. Flag Code , that provide more information. If you’d like to be an authority on that code, go ahead and read it. In the meantime, I hope to be your insurance experts. Our team and I are always happy to provide Star – Spangled Banner service to you or anyone you know needing an insurance quote or review.

Please feel free to give us a call at 617-298-0655 or email our team at quotes@vargasinsurance.com

Carlos

FAQ: Filinf a Claim | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 26 Jun 2017 16:22:00 GMT

FAQ: Do I Have to File a Claim?

We’ve all been there – you have a very minor issue with your home or car, and you think “I can handle this on my own… Do I have to tell my insurance company?” While it’s true that the answer depends on many factors (including your insurance provider and the terms of your coverage) here are some thoughts that can help you navigate this confusing situation:

Check your policy conditions – there may be language within that requires you to submit a claim. If you fail to notify your insurance provider about any occurrence that may result in a claim, you could be in violation of your policy condition, which could result in forfeiture of coverage for the incident in the future. This means that if the situation turns into more of a mess at some point, you may be up a creek without a paddle!

Most people would agree that it’s better to submit a claim from the onset rather than risk the potential of having no help from your insurance provider if the problem gets more complicated.

As you know, Vargas and Vargas Insurance Agency is always available if you need to make a claim on one of your Massachusetts insurance policies. There are many ways to contact us – call 617-298-0655 during office hours, call our 24/7 line at 617-322-5289, text 617-409-0329, or email us . We will always do everything in our power to ensure that you are satisfied with your insurance experience, so let us know if there is anything that we can do for you!

Summertime common claims | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 23 Jun 2017 18:20:00 GMT

Here at Vargas and Vargas Insurance Agency, we want to make sure that your valuables stay safe. That’s why we are constantly offering blogs with safety tips for our customers. And if something does go wrong, our top of the line insurance policies will help you get back to normal quickly. If you’re interested, here is a short list of some of the most common insurance claims that we see in the summer time:

Car Accidents – Sure, these accidents happen all year round, but in the summer more people are on the road, whether they’re going to enjoy a day at the park or going on a road trip. This increased traffic leads to an increase in auto insurance claims .
BBQ Fires – When the weather warms up, so do the grills! Barbequing is a great way to get family and friends together to enjoy the outdoors, but can be a hazard if the proper safety procedures aren’t followed.
Burglaries and Break-ins – Summer is a great time to go on vacation. Unfortunately, burglars know this, and that’s why crimes like these are more common in June, July, and August. Prevent a break-in by following these safety tips . You should also check to make sure that your home insurance is ready for a claim – just in case.

For more information on how to avoid claims like the ones listed above, make sure that you check our blogs regularly. And if you’re interested in getting a Massachusetts insurance quote, just call 617-298-0655 to speak to one of our friendly and knowledgeable agents.

Neponset River Riverfest | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 21 Jun 2017 18:11:00 GMT

The general public is invited to the first Annual Neponset RiverFest, on Sat., July 22 from 10am-2pm , at the DCR Neponset II Park, Dorchester alongside the Neponset River.

New parks and bike paths line the shores of the River, along with beautiful natural salt marshes and wetlands that support more than 200 species of birds, fish and other wildlife, all right in the City.

The RiverFest is a free, family-friendly, public event.

Come out to celebrate this natural wonder and discover all it has to offer.

Try out a kayak or canoe on the Neponset River
Explore a tide pool with the New England Aquarium
Attend a fishing clinic with Mass Fisheries & Wildlife

Take a chance on a new fishing rod & reel
Walk/bike the Greenway
Play in the spray park
Eat yummy food
Create art – and more…

Bring a blanket and a picnic, and spend the day! Entrance to the park is on Hilltop St. near Granite Ave.

For more information, please contact Nancy Fyler fyler@neponset.org | 781-575-0354 x307

Sponsored by the Neponset River Watershed Association, Department of Conservation and Recreation, Beth Israel Deaconess Hospital Milton, Paddle Boston, DOT Smiles, Whole Foods, and the Cedar Grove Civic Association.

Click here for more details

words of inspiration | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 21 Jun 2017 00:16:00 GMT

I hope you had an amazing Father’s Day weekend! As always I like to start my week off right with some words of inspiration… “When you reach the end of your rope, tie a knot in it and hang on.” -Thomas Jefferson Whether you are new to or a seasoned professional in sales, there are times in our life where we have done all we can… In those times, don’t give up don’t stop, just hang on and continue pushing…. Consistent action, even if the action is just hanging on, will pay off… Keep pushing and keep creating the amazing life you know you want and deserve! We have made many changes at our agency to better help you and your clients when you have an insurance question or need a quote.

You can call us at 617-298-0655
You can now text us at 617-409-0329
Or, for a quick insurance quote, you can email: quotes@vargasinsurance.com

Check out our blog for some advice if you are working with a property that is vacant or unoccupied, read the blog here.

And remember that I work deliberately from my plan, and my plan involves serving you to the best of my ability. Help me stay accountable? And make sure you help me understand how best to serve you. Fair?

Have an awesome week!

And know that you are loved.

Carlos

Practice safe sun | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 20 Jun 2017 21:15:00 GMT

Sometimes, no matter how hard you try to practice safe sun , you end up with a sunburn. If that’s the case, here are some tips for you on how you can deal with this annoying and painful issue:

As soon as you notice yourself getting burned, go indoors to prevent the issue from getting worse.
To help cool off the burned skin, take a cool shower or bath or use a cool compress.
You will be more prone to dehydration while you have a sunburn. Make up for this by drinking extra fluids.
Soothe skin with a moisturizer that contains aloe. Hydrocortisone cream can also be used if you are in particular discomfort.
Swelling and discomfort can also be treated with aspirin or ibuprofen.
If your skin begins to blister, avoid the temptation to pop them – they are there to help the body prevent infection . Instead, let them heal naturally and call you physician if symptoms get worse.
If you go outside while your sunburn is healing, take extra precaution to protect the more vulnerable burned skin.

Remember, though, that (as the saying goes) an ounce of prevention is worth a pound of cure. While treating a sunburn is possible, it’s better not to get one in the first place – so make sure that you continue to practice safe sun techniques throughout the summer months.

The same is true with your insurance policies: insurance from Vargas and Vargas Insurance Agency will help you prevent mishaps from turning into full-blown disasters. Call 617-298-0655 today to make sure that your insurance portfolio is ready in case you end up needing your coverage in the future.

What Does Commercial Insurance Cover? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 15 Jun 2017 14:00:00 GMT

Unlike car and home insurance, most people are not familiar with what commercial insurance covers. Here at Vargas & Vargas Insurance, serving the greater Dorchester, MA area, we want to take the time to let you know more about what this type of insurance is and what it covers. Here are a few of the things that commercial insurance covers.

Commercial Property

If you own a commercial building, commercial insurance covers this building from damage such as fire, strong winds, and storms. This type of coverage is very similar to home insurance. However, it is for a commercial building and the surrounding property instead.

Commercial Vehicles

Another thing that can be covered under commercial insurance is commercial vehicles. If your business uses cars during the course of your day, those cars and the drivers that use them are insured under a commercial insurance policy. This policy covers car theft, accidents, and injuries that may result from an accident.

Your Commercial Products

The last thing that is covered under a commercial insurance policy are the goods that are stored in the commercial building. These items are insured against things like theft and damage as well. This may include any product you have to sell or items typically found in a building, such as a warehouse equipment or computers, printers, and copy machines.

If you are looking to obtain a new commercial insurance policy or are not happy with your existing one, we can help. Give Vargas & Vargas Insurance a call today. We proudly serve the greater Boston, MA area and are here to answer questions and concerns. Let us help you find the right insurance policy that covers your business needs.

Patio furniture | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 12 Jun 2017 21:50:00 GMT

Has your patio furniture come out of storage for the summer? Being able to sit outside and enjoy the weather is one of the best parts of the summer months, and that is best done on a fabulous patio set. If you have new outdoor furniture, make sure that it looks fresh year after year with these tips:

You will probably want to give your furniture a good thorough cleaning when it comes either out of storage or home from the store. Don’t be afraid to rent a high-pressure cleaning tool, as long as your furniture’s cleaning guide says it is ok.
A layer of dirt and debris may seem like nothing to worry about, but over time this grime may eat away at your furniture’s finish and make it dull. Cover your patio set when not in use to avoid frequent cleanings, as well as the harsh rays of the sun.
Take care of rust as soon as you notice it. Rust will spread if ignored, so use these tips to help with small spots of rust that you see before they have the chance to overtake the set.
When the weather gets colder and the season for patio furniture is over, find a warm and dry place to store your set away from the elements.

Want to go the extra mile to protect your patio set? Call Vargas and Vargas Insurance Agency at 617-298-0655 and make sure that your Massachusetts home insurance policy has an adequate amount of coverage for all of your furniture and other belongings.

Humans are born storytellers, | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 12 Jun 2017 00:40:00 GMT

“Storytelling is the most powerful way to put ideas into the world today.” – Robert McAfee Brown Humans are born storytellers, and we do not relate to visual communication very well. Storytelling brings to life a scenario and makes an emotional connection, provoking feelings of ecstasy, sorrow, or peace, and captivating an audience. This is exactly what you need when it comes to your marketing strategy. We all love a good story, especially when it catches our attention and draws us in. Stories have the power to captivate and increase our customer conversions and referrals from our customers. They also make your audience think of you as the local expert in your field, with the help of your satisfied clients. Every good business has customers that have had such a wonderful experience doing business with us that they rave to their friends and family about their experience. We should capitalize on these satisfied customers to help promote our businesses. In order to best learn from these customers, you must listen to them. Making sure that you have people, processes, and technology in place to put your customer first is critical. But none of it matters if you don’t activate it the right way. If you don’t act on feedback or show your customer that you and your company cares each and every day, you are missing out on a big opportunity! #PeterShankman says in his book Zombie Loyalists: Using Great Service to Create Rabid Fans that these are the customers that you should turn into Zombie Loyalists by getting them to share your story. “You get the customers you want by being beyond awesome to the customers you have,” -Peter Shankman . According to Peter, “ Zombie Loyalists ” are fervent fans that help companies massively increase their customer base, brand awareness, and most importantly, revenue. After all, why should you have to tell the world how amazing you are if you can have your existing customers do it for you? Imagine an army of customers who will do your public relations, marketing, and advertising without being asked, each and every time they interact with your business. These are Zombie Loyalists. They are ready to buy what you sell, respond to your email offers and demand that their friends do the same. So…are your satisfied customers telling your story? Zombie Loyalists will disappoint you if you are looking for a science fiction horror story about blood-lusting zombies. Instead, this book is for anyone who is in customer service, sales management, and marketing. It will serve as a reminder of what customers – like you and me – deserve from the businesses we patronize. Your business will see an increase in revenue if you begin taking care of your current clients and giving them an amazing experience every time they have an interaction with you and your company. Let them know your story and ask them to share their experience with their friends and family. Then you will be well on your way to creating your very own army of Zombie Loyalists! Remember, I’m always here to help you and your clients win. It’s what I LOVE to do. Go out and use this as a strategy to build your business, and DOMINATE your week!

Carlos

Marketing with a group | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 08 Jun 2017 14:12:00 GMT

If you are a small business owner, a solopreneur or in sales, marketing is an imperative part of what you do. How do you get your name and your business ‘out there?’ One of the best ways to spread the word about what you offer is to be a member of one (or a few) local networking groups. Here are a few examples of groups you could join, along with short descriptions from their websites:

Business Networking International (BNI) – “By joining BNI, you’ll increase your exposure to like-minded professionals, gain referrals from a global network and sharpen your networking skills with exclusive member resources.”
Boston Business Women – “Boston Business Women aims to provide women with a platform to build connections, support personal and professional growth, and gain the tools and resources needed to succeed in both business and life.”
Rotary International – “The collective leadership and expertise of our 1.2 million members helps us tackle some of the world’s biggest challenges, locally and globally. We are united by common values and vision for the future as we sharpen our focus with targeted specific causes that will reach communities most in need.”
Kiwanis International – “We are passionate about making a difference. Helping kids grow and succeed is at the heart of everything we do. We believe our neighborhoods and our world are best served when people of all ages and different backgrounds work together to share their time and talents.”
Infinite Business Networking – “The mission of Infinite Business Networking is to help grow and nurture each other’s business through word-of-mouth referrals and professional development.”

Here’s one tip, though: if you are interested in joining one of these groups, make sure that you have enough time to dedicate to your membership. Just having the card isn’t enough – you need to be an engaged participant in meetings and activities in order to get the most of the experience. You also need to have a pretty good description of what you do, who your best customer is, and for best results, attend each meeting with a “story” or “drop” some knowledge on the others in the group.

In addition, when joining these types of organizations, it’s important to realize that the relationships that you build and the referral system in place are both two-way streets. It’s not enough nowadays to just give someone your business card. You need to build a relationship. And if you want to gain referrals, you have to expect to give referrals and don’t forget to follow up, follow up, follow up with everyone that you meet!

If you need some advice and guidance on joining a business group or just how to be a better networker, I am available to help.

And if anyone you know is ever in need of a great Boston insurance agent, please tell them to contact us at Vargas and Vargas Insurance Agency . We appreciate your referrals!

Carlos

Storytelling tool! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 06 Jun 2017 20:11:00 GMT

“Storytelling is the most powerful way to put ideas into the world today.”
– Robert McAfee Brown

Humans are born storytellers, and we do not relate to visual communication very well. Storytelling brings to life a scenario and makes an emotional connection, provoking feelings of ecstasy, sorrow, or peace, and captivating an audience. This is exactly what you need when it comes to your marketing strategy.

We all love a good story, especially when it catches our attention and draws us in. Stories have the power to captivate and increase our customer conversions and referrals from our customers. They also make your audience think of you as the local expert in your field, with the help of your satisfied clients.

Every good business has customers that have had such a wonderful experience doing business with us that they rave to their friends and family about their experience. We should capitalize on these satisfied customers to help promote our businesses. In order to best learn from these customers, you must listen to them.

Making sure that you have people, processes, and technology in place to put your customer first is critical. But none of it matters if you don’t activate it the right way. If you don’t act on feedback or show your customer that you and your company cares each and every day, you are missing out on a big opportunity!

My friend Peter Shankman says in his book Zombie Loyalists: Using Great Service to Create Rabid Fans that these are the customers that you should turn into Zombie Loyalists by getting them to share your story.

“You get the customers you want by being beyond awesome to the customers you have,”
-Peter Shankman .

According to Peter, “ Zombie Loyalists ” are fervent fans that help companies massively increase their customer base, brand awareness, and most importantly, revenue. After all, why should you have to tell the world how amazing you are if you can have your existing customers do it for you? Imagine an army of customers who will do your public relations, marketing, and advertising without being asked, each and every time they interact with your business. These are Zombie Loyalists. They are ready to buy what you sell, respond to your email offers and demand that their friends do the same.

So…, are your satisfied customers telling your story?

Zombie Loyalists will disappoint you if you are looking for a science fiction horror story about blood-lusting zombies. Instead, this book is for anyone who is in customer service, sales management, and marketing. It will serve as a reminder of what customers – like you and me – deserve from the businesses we patronize.

Your business will see an increase in revenue if you begin taking care of your current clients and giving them an amazing experience every time they have an interaction with you and your company. Let them know your story and ask them to share their experience with their friends and family. Then you will be well on your way to creating your very own army of Zombie Loyalists!

Remember, I’m always here to help you and your clients win. It’s what I LOVE to do.

Carlos

Space saving ideas | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sat, 03 Jun 2017 15:05:00 GMT

When you’re looking to live in Boston, you can find it all – minimalistic or ornate, compact or spacious. If you are living somewhere more compact and need to make the most of the space you have, here are a few tools that you can use to increase your storage:

Curtain Rods

Thinking of a curtain rod probably evokes images of window treatments and shower liners. But there are so many more uses for these versatile objects! Use a small tension rod in your under-the-sink cabinet for spray bottle storage. A longer tension rod can create a dust ruffle on some beds, leaving room for under-the-bed storage. Ribbons spools can be threaded onto a rod for a gift-wrapping station during the holidays. The possibilities are endless!

Extra Shelves

When you’re short on space, never miss an opportunity for a shelf. And get creative with where you place extra shelves – bookshelves in the den or living area are good, but putting small shelves in your cabinets will take your storage game to the next level!

Furniture with Storage

Nowadays, there are nearly limitless options for furniture that include storage. Inside the ottoman is a great place for blankets and pillows, under-the-bed storage would be perfect for all those clothes that aren’t in season. And don’t forget about over-the-toilet cabinets for toiletries and more.

To make sure that all of the items that you store are protected, call Vargas and Vargas Insurance Agency at 617-298-0655 for a renter’s insurance or home insurance quote.

We must walk the path | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 01 Jun 2017 15:32:00 GMT

“No one saves us but ourselves. No one can and no one may. We ourselves must walk the path.” -Buddha

Yesterday was an exciting day in our family. Our youngest son, Matthew married his best friend. We are all so very proud. Matthew and new bride, Cristiana have known each other since preschool. They attended school field trips together. They were friends long before they started dating, they hung around together with the same group of friends, and experienced all of the stuff that teenagers do when they are together in a group.

But in High school, they started dating, and slowly some of the teenagers in their group faded away, and their relationship developed. They went off to college and figured out how to get along on their own, get up for class, and stay away from trouble. Cristiana graduated with a teaching degree and is gainfully employed in her field.

Matthew, in his sophomore year of college, decided that he wanted to commute to school. Kathy and I thanked him for the consideration, but we had planned to pay for his 4 years of post education, tuition, boarding expenses, and all. He said it was not about the money, the college scene was not what he wanted – there were too many parties, and too many raucous events (he inherited this part of his being from his mother). All in all, there were too many distractions. He wanted to start working in sales and needed to be closer to home. He had a plan.

He graduated the top of his class with a marketing and communication degree, and is now one of the managers at Enterprise Rent-A-Car at Logan Airport, overseeing 200 employees and 11K automobiles.

(I suggest Enterprise to every parent that I speak to that has a son or daughter that is looking to start in the working world. They hire the largest number of college graduates in the nation each year and have the best sales training program anywhere. They teach their employees all of the skills needed for a successful career in nearly any field of business.)

Matthew decided to take advanced classes, take extra classes, and commute – he had a plan and was going to work for it.

Why? I believe it’s because he was … DRIVEN . He had a goal, had a plan, and was taking action to reach that goal. I am SUPER proud of him and his new wife, Cristiana!

But, you think, I hear you ask, “Carlos, what does that have to do with real estate, mortgages, law, and business?”

Everything!

“There are plenty of difficult obstacles in your path. Don’t allow yourself to become one of them.” -Ralph Marston

My son was on one road, and chose to change road he was on half way through his college career. He chose to follow a different path, he tried to make the right choices.

I hope that you are on the right road, and that you are having your best year EVER! But, if you are like some business people, you may be stumbling, wandering from day to day, you may think that you need some help following a different path, to achieve better results, or you need a different course of action. Maybe you need to put a new system in place to achieve better results.

It’s not too late to start! You still have time to change your plan to get better results. It’s not enough to have a desire to win – you need a plan. Stop chasing the newest shiny gimmick that comes your way (for now) and focus on what brings success, connecting with the people who know, like (even LOVE ) and trust us.

I hope you choose to use my son’s story to inspire you and to maybe make changes in the path that you are on to be more successful!

If you need some to listen to your plan, or someone to give you some advice, I have shared my success plan with hundreds of professionals and would love to also do so with you, leave a reply below and we can schedule a time to meet.

And, know that you are loved!

Carlos

Fear is my motivation | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 01 Jun 2017 15:00:00 GMT

I hope that you are getting ready for your long weekend!

Here are a few words of wisdom to ponder over the next 3 days:

“You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You must do the thing which you think you cannot do. ”
-Eleanor Roosevelt

Growing up, school dances were a significant source of anxiety for me. When I was 14, I had no idea how to talk to girls, much less ask them out. What would I say? What if she says no, or already has a date? Where would I run if I bombed or froze up? Those were legitimate fears of mine – after all, isn’t rejection a teenager’s worst enemy.

I know I’m not alone in this. No matter how suave and smooth you may be, putting yourself out there is scary. Everyone’s had that moment where they had to psych themselves up to approach a member of the opposite sex… And the longer you wait, the more anxiety you feel. Then the fear sets in. If I were a braver soul, I would write a whole book about fear.

We’ve all been told not to give in to fear. And more so constantly if you’re a male in our culture. Fear is somehow a bad thing. So is failure. At least, that’s what we’re told. Well, that is a lie!

If you dwell on fear, you get a mental block and stop working effectively toward your goal. If I wrote a book about fear , would you read it? Maybe you won’t read this message. You’ll skip it because maybe you’re worried (more fear!) that I’ll make you feel guilty.

Fear is a powerful and useful tool. But, just like fire, you have to respect it, and you have to choose to use it that way. Fire is necessary for human survival (cooking food, purifying water, cauterizing wounds), but it can burn a house down just as easily. Fear is the same. It can burn your mental house down.

I use fear to get informed, I am motivated by fear, but I never let it guide me. How about you? Do you feel fear, and are you moving forward? It’s simple, but it’s not easy. Just remember, your excuses will never be as interesting as the story of how you got it done.

I’ll tell you a few more secrets about fear, if you’re interested:

Fear without knowledge is amplified.
Fear without a plan is debilitating.
Fear without a goal is endless

“Fear will crush and dominate more dreams than failure ever will.”

What fixes it all?

Fear without knowledge is amplified – so I seek knowledge of what I needed to do.
Fear without a plan is debilitating – so I have a plan to keep me moving forward.
Fear without a goal is endless – so I put a simple goal in place.

I create a purpose so I can grab a hold of fear and keep my business (and life) on a simple track.

If you find this interesting, let’s grab a coffee soon. I would love to learn all about you and your business and see if I can be of help, or just learn about you and hear your story.

Remember, I’m always here to help you and your clients win. It’s what I LOVE to do.

Now, go DOMINATE your week!

Carlos

Hurricane Season | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Thu, 01 Jun 2017 12:58:00 GMT

The 2017 hurricane season in the Atlantic will run from June 1 until November 30. Estimates for the upcoming season are already beginning to surface, and they aren’t mild – Weather.com is currently predicting a total of 14 named storms, including seven hurricanes, three of which will be major. This is right in line with the 2016 season, which had 15 named storms, 7 hurricanes (4 major).

Do you know what your home insurance policy will cover if a hurricane causes damage? While every policy is different, most offer protection for damage caused by heavy rain, wind, and hail. In addition, your home insurance may offer coverage if your home is severely damaged resulting in your need to seek shelter elsewhere – this is often called ‘loss of use.’

One important thing to note is that your home insurance probably doesn’t include coverage for damage due to floods – that is covered by a separate flood insurance policy . Since hurricanes and flooding often go hand in hand, flood insurance is something you might want to consider adding to your insurance portfolio in order to ensure complete protection.

Let’s talk numbers: in total, the 2016 storms caused over $16 Billion in damage. It’s not unheard of for a hurricane to affect us here in Massachusetts, so make sure that your belongings are protected. This includes your home, car, and more. To get a complete car and home insurance evaluation before the first threat forms, call Vargas and Vargas Insurance Agency at 617-298-0655 .

Summer cookouts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 31 May 2017 14:56:00 GMT

No summer is complete without at least one cookout. Whether you’re attending one or hosting your own, make sure to brush up on your grill safety so that you can keep your family and friends safe. Here are a few things that you should know before you attend your first cookout:

The grill should be placed in a safe location – at least ten feet from any structures or trees.
Make sure all grilling tools are within reach before heating up.
Speaking of grilling equipment, make sure that there is always a spray bottle of water within arm’s reach in case of a flare-up .
If kids are present, the grill should be supervised by an adult at all times, and a “No kids” perimeter should be set up around the grill. For small kids, create a physical “Do not cross” line with some jump ropes or pool noodles.
Practice food safety techniques by thoroughly washing anything that comes in contact with raw meat, and not leaving meat at room (or outdoor) temperatures for extended periods.
As always, have a first aid kit handy in case there is an accident that requires medical care. If someone gets seriously injured, douse the grill immediately and get them the proper medical attention.

When you begin preparing to host your first cookout of the summer, first call Vargas and Vargas Insurance Agency at 617-298-0655 to have an experienced Massachusetts insurance agent check over your home insurance policy . You never know when an accident will occur, so be ready for anything with our superior protection.

Vacant and unoccupied | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 19 May 2017 14:21:00 GMT

In today’s world, more and more properties are vacant or unoccupied . This happened for many different reasons, including dividing time between a primary residence and vacation home, leaving a property while it is being renovated or is on the market to be sold, a rental property being between tenants, and more.

Vacant and unoccupied properties present a risk to insurance providers – whether the unit in question is a home , apartment , or condominium . Vacant and unoccupied properties can attract vandals and thieves, and accidents are more likely to occur and have serious repercussions. Just consider this scenario – you leave your home unoccupied while you are on an extended vacation and a pipe bursts. The damage is likely to be substantial because there is no one in residence to notice and remedy the issue . This makes it easy to see why insurance companies have limits and provisions for these situations.

Oftentimes, a short trip away from your home is not enough for it to be considered vacant. Most insurance providers will require a place of residence to be unoccupied for 30 consecutive days before they begin to drop coverage.

Many insurance policies contain a vacancy provision. Two similar terms— vacant and unoccupied —have specific meanings in the language of insurance and are specifically defined in some policies. A vacant building contains little or no furniture or other personal property.

If you are planning on leaving your home, apartment, or condo vacant or unoccupied in the future, call your local insurance agent to ask about how to make sure that you stay covered by your Massachusetts insurance policy. Depending on your insurance provider, you may only need to pay a small fee to ensure that your current protection continues. In other cases, you may be required to purchase a special policy tailored specifically to a vacant or unoccupied property. For more information, call Vargas and Vargas Insurance Agency at 617-298-0655 today.

Is It Smart To Fight A Ticket In Dorchester? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 15 May 2017 14:00:00 GMT

Here’s the first thing to know about fighting a ticket: If you’re not one hundred percent certain that you shouldn’t have gotten a ticket, don’t bother fighting it. The cops have dashboard cams, they file extensive reports, and they have backups to confirm their version of the events. If you think maybe you can stretch the truth or leave out a few details, you’re just going to feel foolish when you get caught doing it. If you think there’s something the police didn’t notice, they probably noticed, and they probably didn’t bring it up because they had enough evidence to serve you with a ticket anyway.

Don’t fight a ticket because you think you can maybe sweet talk the judge, fight a ticket because it was an abuse of authority to issue it in the first place. Don’t fight a ticket because you weren’t the only one speeding, fight a ticket because you weren’t speeding at all.

There is such a thing as an unjust ticket, but the circumstances where a ticket should be fought are actually quite rare, and the circumstances where a ticket has been overturned in Dorchester, MA are even scarcer.

The question is: can you prove beyond a shadow of a doubt that you should not have been given the ticket? If not, you’re going to spend more time and money fighting it than you would be paying it.

The good news is that any damage a ticket can do can usually be undone. A defensive driving course, for instance, can strike points from your record as if they never happened, and even keep you in good stance with your insurance policy. Fight a ticket if you think you can win, but be realistic about whether or not that’s a possibility.

To make sure you are in a good position with your auto insurance, contact our agents at Vargas & Vargas Insurance in Dorchester, MA. Our agents are ready to answer any insurance questions you may have and can provide you with a policy that fits all your needs. Contact the Vargas & Vargas Insurance office today!

Condo right for you? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Tue, 09 May 2017 18:13:00 GMT

Here in the great city of Boston, we have many choices when it comes to where to live. You can rent an apartment, buy a home, or anything in between. Sometimes, though, people tend to skip over one of the options – buying a condominium. If you’re looking to find the perfect place for you and your family, consider these reasons to buy a condo:

You don’t have to handle any of the outside work. Mowing the grass, shoveling snow, gardening, and more will be taken care of by the condo association. Costs for these services are shared by the owners in the development.
Unlike homes, condos often have amenities. Some will offer a pool, theater room, gym, tennis court, party room, or many other possible perks.
When you’re renting, your customization options are typically quite limited. A condo, however, you can customize to your heart’s content , since you own your unit.
Oftentimes, working with a reliable real estate agent or broker can save you time, effort and disappointments, we work with many very experienced real estate agents and brokers, and we can connect you with one of them.
You may find a condo with a smaller price tag than a comparable traditional house. This makes condo living a great option, as long as you consider the monthly fees

If you have considered all of these reasons and decide that condo living is a perfect fit for your lifestyle, (it has been for Kathy and me) remember to call Vargas and Vargas Insurance for your Massachusetts condo insurance needs (even if you are told that you do not need unit owners coverage). We are experts at writing personal condo insurance policies, Condominium Master Insurance policies and we can make sure that all of your belongings are covered, in addition to making sure that your policy contains enough personal liability coverage for your needs. Call 617-298-0655 for a free quote today!

Bicycle Massachusetts | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 05 May 2017 13:06:00 GMT

Biking is a great way to get around here in the Greater Boston Area. Whether you’re an experienced cyclist, or are thinking of purchasing your first bike, we have some tips that you should know so that you can be as safe as possible when you hit the pavement:

Every bike ride should start with putting on a helmet. Make sure that yours fits properly for maximum protection. Riders 16 years old and younger are required to wear a helmet according to Massachusetts bike laws .
If you’re going on a long ride, make sure to take along water to stay hydrated.
Ride on public roads, streets, and bikeways. Sidewalk riding is permitted outside of business districts. Always ride with traffic – on the right-hand side of the road.
When riding, it’s important that your whole focus is on the road. For this reason, you should avoid the use of music players and cell phones while you cycle.
Make sure that your bike is kept in good shape with regular maintenance. Brakes should be able to stop a bike going 15mph within 30 feet.
If you are riding 30 minutes after sunset or 30 minutes before sunrise, your bike must have a white headlight and a red taillight or reflector, I use these lights on my bike .

If you are looking for more help with your bicycle, or if you are in the market for a new pair of wheels, call on our friend Jack at Ashmont Cycles in Dorchester. And if you’re looking to get more our of your cycling around the area, check out Boston Cyclists Union , and stay healthy (after all, your bicycle is a great way to get some exercise) let your Massachusetts insurance agent know – we can make sure that your Boston health insurance policy is up-to-date and ready for anything!

Carlos

“Monday Morning May 1, 2017, Are you very poor at forgetting?” | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 30 Apr 2017 18:51:00 GMT

Happy May Day!

As you know, I like to start every week with some words of wisdom,
“Train your brain to see the good in everything.” -Paul Walker

I am writing this newsletter at the Stoughton House of Brews , enjoying some of their dark roast coffee and one of their amazing breakfast sandwiches. I am meeting a real estate agent friend here who is in need of a little “one on one” training on social media (I can also help you, leave a reply below and we can meet for coffee, maybe here?). If you are ever in Stoughton square and looking for a great place for a coffee (or locally brewed beer, later in the day, of course :-)), you should not pass this great local business up!

Many of us may have heard of the importance of positivity, but few can really tell why it’s important.

So, it’s really important to think positive. But… how?

Thousands of more articles online teach us how to think positive in the most clichéd ways possible. You should cheer up, crack a smile, look on the bright side of life… blah, blah, blah…

Don’t worry! The tips you are going to see below are nothing like those. I hope to offer some practical and specific tips for you to start making REAL changes.

Start with decluttering your life

Get rid of all of the distraction, interruption and clutter that is keeping you from your ‘one thing”, whatever that may be. Getting rid of the clutter that goes on in our brains, and that occupies our thoughts. Maybe it’s a relationship issues or something out of your control. It’s critical to let go of the nagging thoughts and emotions, especially those that we can do nothing about, and even the ones that we can control (like emailing, texting, telephone calls, or spending the day on Facebook).

Instead of letting yourself get distracted by this clutter, set up a schedule to take care of these tasks. I have created a schedule template that I will send it to you, totally FREE if you leave me a message below asking me to do so.

Sit up straight! It’s more than etiquette

While one may think cultivation of positivity always requires conscious effort, in truth it doesn’t.

Sitting up straight may appear irrelevant to positivity, but a study reveals the association between posture and positive thoughts. The result shows that people are more likely to generate positive thoughts and recall positive memories when they are sitting up straight.

So, sit up straight right now! Sometimes tiny things in life all contribute to our well-being without us noticing.

Instead of news, read something uplifting in the morning

It is common to watch morning news reports to keep up to date on the latest news. While it is good not to block ourselves off the outside world, it is important to ask yourself – What is the news mostly about?

In a typical morning, you will see a lot of the same – car crash, terrorist attack, natural disaster. All sorts of disheartening incidents.

I am not trying to suggest a complete break from keeping up on current events, just that you devote part of your morning to something more uplifting in nature.

For example, you could start a Daily Confidence Programming habit. Instead of reading or watching the news, begin the day by reading a chapter of an empowering book. We can also go for our favorite spiritually boosting and inspirational materials. I prefer to start my morning with positive affirmations as my friend Michael Maher teaches.

List 3 things you’re grateful for every day

It is simple and easy to do. Try to list at least 3 things you are grateful for every day. In the end, we won’t realize how much it helps us. Researches reveal a multitude of benefits in expressing gratitude on a daily basis. Being grateful is associated with our well-being. It can also improve relationships and help with emotional maturity. Gratitude can simply promote happiness.

It’s true that we can always find dissatisfaction in life. Same to satisfaction. Half-filled and half-empty glass.

If it seems like there’s nothing to be thankful for in your life, go back to the basics. You are still alive, right? You are still living in this world of mystery and amazement. You still have lots to explore. There’s nothing to mourn on.

There are always angels and devils in our brains. While we are usually the devil’s advocate, try to stand on the angel’s side now.

Celebrate your small wins every day

One easy way to start cultivating our positivity is to write down our small wins on a daily basis. And research has reassured the potential benefits of doing so.

Progress is a lot more than just a step closer to success, as Amabile and Kramer suggest. In fact, if we properly record our progress, no matter how small it is, we instantly receive a confidence boost!

I write every task on a daily list and cross them off as I complete the tasks (I sometimes even add a task after it’s been completed to cross it off!)

So, even though we tend to remember negative events more than positive ones, it is important to practice mind over matter. Focus each and every day on being the best version of yourself, and remark on the progress and the small wins that you accomplish. Before too long, positivity will be a habit, and it’s an important one to have as someone that seeks out success!

If you have any additional positivity tips that you use in your life, I would love to hear them! Just leave me a reply below and tell me what you do to keep yourself looking on the bright side day after day.

And, know that you are LOVED!

Carlos

Tips for purchasing a classic or antique car | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 19 Apr 2017 14:16:00 GMT

Spring is here, and if you are like some people, you may be thinking about looking into purchasing a classic or antique automobile. When it comes to cars, they just don’t make ‘em like they used to. Sure, modern cars have rear-view cameras, Bluetooth, and a million other snazzy features. But for some old souls, there’s nothing quite like a leisurely drive in a classic car. I’ve done some homework, and hope that you may find these tips for buying a classic car useful!

Do a Thorough Check for Rust – Many classic car experts have one firm rule – don’t buy rusty cars. A few small spots are easily fixed, but any signs of ‘the brown stuff’ under the car, inside fenders, and under doors should be a red flag.

Perform a VIN Number Check – It’s getting harder and harder to find a number matching car . If you can find one, it may be worth more. On the other hand, pointing out that a car’s numbers don’t match could be a good point of negotiation if you’re still willing to buy.

Weigh the Mileage Numbers – Classic cars are all used, but they are not all created equal. Some buyers will only consider low-mileage classics, while others are okay with higher mileage vehicles (as long as the price tag reflects the increased use).

Be Patient – If you’re in the market for a classic vehicle, don’t jump at the first car you like. Wait for a car that you can’t live without. After all, this should be considered an investment – there are plenty of great fish in the sea if you’re willing to cast your line and wait a while.

Get an Insurance Quote – We can help you with a quote on your new Classic Car , or your current Classic car. Just give us a call 617-298-0655 to get a quote on Massachusetts insurance for the classic car of truck you’re considering.

Watch the video here .

I would LOVE to know your thoughts if you own a classic or antique car (or have additional tips) leave a message below.

Carlos

Carlos

How Windshield Repairs Can Save You Money | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 17 Apr 2017 15:06:00 GMT

You may not think of your windshield glass as fixable, but often small chips or cracks can be repaired. Small rocks kicked up by other vehicles can damage a windshield and these are commonly fixed by an auto glass shop or mobile windshield repair company in the Dorchester, MA area. Minor windshield glass damage may be repaired because of how it is made, and repairs are less expensive than a new windshield.

For a simple explanation, windshields are made by a process in which plastic is sandwiched between two pieces of glass. Because of this, it allows for repairs of small chips or cracks by injecting liquid plastic into the damaged area. There are some specifics about windshield repairs, such as the damage cannot be more than two inches in diameter or three inches long, and it needs to be outside the driver’s line of sight.

Depending on your auto windshield coverage, a repair may cost you nothing. You should know that the damage may not completely disappear, but it can contain the damage, so it doesn’t spread. The most effective repair is to damage that is roughly the size of a quarter. Windshield repairs may fail, and not necessarily because the worker did a poor job, but because the windshield, in general, is compromised by the damage. Meaning it won’t be as resistant to future gravel hits or extreme weather temperature changes as it was before it was damaged.

Vargas & Vargas Insurance

Vargas & Vargas Insurance has been providing auto insurance and making customers happy in the Dorchester, MA area for years. They are a community trusted agency, and they want to ensure you have the right coverage at the right price for you. Contact us today to explore your options.

“Change is hard, messy in the middle and gorgeous at the end.” | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 17 Apr 2017 12:40:00 GMT

“Change is hard, messy in the middle and gorgeous at the end.” -Robin Sharma

Change is hard. I know this for a fact, as I’m experiencing it right now!

Picture this…I’m sitting in my house right now instead of sitting in traffic like I’ve done for 37 years.

As you probably know from my online posts, Kathy and I moved from our Stoughton home of 33 years to Dorchester Lower Mills, just around the corner from the Vargas and Vargas office. Believe me, this change has not been easy all the time, but change never is – even when we know it is the right thing to do.

One of the upsides of our move has been that we now spend less time in traffic, and have more time together, more time to get regular exercise, and more time in the wonderful community of Dorchester.

Recently, Vargas and Vargas has also made some changes. We have updated our client management system and our website (you can now send us a TEXT to our agency 617-213-2820 and much more to come, stay tuned) to help customers and friends like you contact our trusted referral partners!

We’ve always had a partners page on our site, but we hope that this will be a resource for you and anyone you know that is looking for any of the following professionals:

Accountant
Attorney
Contractor
Electrician
Estate Planner
Financial Advisor
Home Inspector
Loan Officer
Plumber
Realtor®
And More!

(Send me a message and I can let you know how you be on our partner’s list)

And while you are visiting our new website, don’t forget to check out our blog . It is always being updated with insurance tips, helpful advice, and much more.

How to Start Recycling – We Can Help!
Auto Insurance Q&A: Borrowing the Car
Best and Worst Places to Store Your Wedding Rings
Building Permits for Residential Renovations

So what does our change of address have to do with making you more money?

Many professionals start their businesses filled with excitement and passion for their new venture, but quickly realize that building a brand is hard work! Once that realization sets in and business problems begin to surface, it is very easy to get disgruntled and lose your motivation for what you originally set out to accomplish.

In the beginning, your passion creates energy that keeps you moving forward, builds excitement for the next project, and helps overcome fears and obstacles. However, maintaining that passion can be difficult as time goes on, and you might find yourself in a “rut,” or longing to reconnect with the spark that once drove your business. Whether this longing resonates with you currently or you’re teetering back and forth on the fence of business growth, it’s imperative to implement 6 practices into your business to regain focus and reignite your flame! We’ll cover the first 3 this week, so stay tuned for next week’s insider to tie all 6 together!

1. Stay focused on your core business – There are a million money making ideas out there that can distract you from what your core business is all about. If you can’t draw a direct connection from a new loan or listing to your new venture, scrap it! It will only distract you from making money and growing your business.

2. Take inspiration from SUCCESSFUL professionals – Surround yourself with positive individuals who have achieved success and are passionate about what they do. They’ll motivate, excite and remind you of why you’re in business. The right individuals will build you up with a “can do” attitude, and offer you proven methods of achieving your goals.

3. Manage your time effectively – Unfortunately, if you don’t set aside time to do important tasks like following up with new clients and building referral relationships (making FROG calls), phone calls and emails can keep you busy all day long! Make sure that you schedule time in your day that’s committed to taking care of the fundamentals of business development which make you money and keep you excited! If you need assistance with time blocking, I can help!

And know that you are LOVED!

Carlos

It was character | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 17 Apr 2017 03:17:00 GMT

Happy Monday, and I hope that you had a great Easter Holiday weekend with family and friends!

I like to start every week with some words of wisdom, and this weeks are:

“It was character that got us out of bed,

commitment that moved us into action

and discipline that enabled us to follow through.”

-Zig Ziglar

This is a followup on my “Change is Hard” message from a few weeks ago. (If you missed that email, reach out and let me know – I would be happy to send it to you!) In that email, I stated:

“Many professionals start their businesses filled with excitement and passion for their new venture, but quickly realize that building a brand is hard work! Once that realization sets in and business problems begin to surface, it is very easy to get disgruntled and lose your motivation for what you originally set out to accomplish.

We covered the first 3 that week, and I promised to tie all 6 together in another email. Well, I’ve kept you waiting long enough! Here are the other three practices:

4. Join a Mastermind group AND participate – A mastermind group can offer new perspectives on old problems, and provide much-needed motivation and support to keep you going when you feel overwhelmed! If you’re receiving and reading this newsletter you’re probably thinking, “Well, I am a part of a mastermind group.” Yes, that’s the first step. But the next step (and the most important step) is to get involved, participate , and implement! To get more involved, start posting in our private Facebook group with questions, ideas, and concerns (this is a safe environment of like-minded professionals, so don’t worry about any negative or uncool comments). In addition, attend your company’s weekly class and ask questions, send out emails similar to this one to the people that know, like (or love) and trust you, and follow-up consistently and persistently every week with you Dunbar’s 150 (Need help getting started? I have a strategy for that!), and ask for help when you need it

5. Systematize, automate and outsource – What’s the most valuable use of your time? To find out, create a list of tasks that you perform each week and ask yourself, “Are there items on here that could be handled by someone else?” If that’s the case, hire a virtual assistant or a right-hand person who can take care of the tasks that suck up your time and keep you from being productive. Also, invest in a time-saving client follow-up system that automates some of your communications. With this technology, setting up follow-up campaigns for past clients take only seconds of your time, and continue for years without you ever touching it again!

6. Follow-through on new systems and ideas – One of the most important principles in success is follow-through. When you make a plan to implement a new idea or system into your business, the dedicated follow-through is what will make it a success or a failure. There will be obstacles to overcome with any new venture, but the key to a successful follow-through is staying the course through those frustrating and sometimes downright demanding moments of growing pains. It’s also important to compare the amount of change you’re implementing vs what you and your team can realistically handle. Think of it this way: Following-through on one new system or idea will be way more beneficial to your business than starting 10 new systems and ideas and not executing any of them!

And know that you are LOVED !

Now, go out and DOMINATE your week!

Carlos

Happy Easter Holiday | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 16 Apr 2017 13:09:00 GMT

From all of us at Vargas & Vargas Insurance, we would like to wish you and your family a great weekend and Happy Easter!

Our offices are closed on Monday in observance of Patriot’s Day, should you have an emergency that cannot wait until Tuesday, please call our 24/7 emergency number, 617-322-5289.

Enjoy your weekend!

How to Save an Extra #post_titlek a Year | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Fri, 14 Apr 2017 20:08:00 GMT

What would you do if you had an extra thousand dollars at the end of the year? Would you save more, or buy something that you’ve been wanting? Maybe you’re overdue for a vacation? Regardless, it may sound like a lot, but one thousand dollars a year is less than $20 a week! It’s $19.23, to be exact. And if you follow just a few of these tips, you will find that saving that much (or more) isn’t only possible, it’s easy!

Lower grocery shopping cost. Two things will help bring down your bill: stick to a list, and buy generic when possible. This will make sure that you limit impulse buys, and buying store brands can save over 25% !
Seek out free entertainment. When you’re looking for something to do, you don’t always have to spend money to have fun. There are always free events being hosted in the Greater Boston Area, and your local library is a wonderful place to go to rent a book or movie for free.
Pay off your credit cards. How much are you paying each month in credit card interest alone? Bringing down the outstanding balance on your credit cards may not be easy, but the potential savings can be significant. If you’re having trouble cutting costs, consider speaking with a financial planner for help and advice.

Another terrific way to save money each year is to talk to V argas and Vargas Insurance . We can help you review your insurance coverage and search for adjustments and discounts that could lower your premiums. Just a quick call to 617-298-0655 is all it takes to start the process, so don’t put it off any longer – call now!

How to Start Recycling – We Can Help! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Wed, 05 Apr 2017 17:04:00 GMT

Reduce, Reuse, Recycle – it’s a phrase we hear as early as Elementary School. More than a phrase, it’s a way to make sure that each person does their part to create less waste and help the environment. Most people will admit that they could be doing more to recycle. If you’re someone that wants to do more to help the environment, start with these tips:

Pre-cycle When You Shop

Often, the biggest concern about what we buy is the product itself – and that’s understandable. But don’t forget to consider the packaging! Once in a while, opt for items that come in packages that are made of previously recycled materials, and/or that you can recycle when you’re done with them.

More than Just Newspapers and Cardboard

Nowadays, many types of material can be recycled. So, sure – still recycle the tried and true items, but make sure that you are recycling all eligible items by refreshing your knowledge of what is recyclable in the Boston area .

Get Items Ready for Recycling

Before you toss items into your recycling bin, use these tips to save on space and correctly process your recyclables:

Rinse out any items that held food or drink.
Remove both ends of aluminum and steel cans and crush.
Remove all packing materials from cardboard boxes and crush.
Keep cardboard dry and free from food waste.
Don’t recycle tissues, waxed paper, or carbon paper with other papers.
Ensure plastics are labeled with the Recycle symbol that is accompanied by a number 1-7 .

How We Can Help

If you want to start doing more to reduce your waste, Vargas and Vargas Insurance agent about going paperless. Most insurance providers have a paperless billing option, and it may even reduce your premium on certain products – like home insurance and auto insurance. Call 617-298-0655 to ask if you can lower your insurance bill and help save paper!

Auto Insurance Q&A: Borrowing the Car | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Mon, 03 Apr 2017 17:00:00 GMT

As a knowledgeable Boston insurance agency, Vargas and Vargas Insurance gets questions from clients all the time, and we are happy to help! One such client sent a message on Facebook recently, and her question was an interesting one:

The Scenario

The woman’s sister-in-law has no auto or renter’s insurance of her own and lives in Massachusetts. She wants to borrow a car from her Father-in-law that lives in NY for a month or so. The woman wanted to know how her sister-in-law should handle coverage for the car, and if her father-in-law’s auto insurance would cover this unusual situation.

The Solution

The woman should tell her Father-in-law to call his auto insurance agent. He should proceed to list the sister-in-law as the principal operator on the vehicle (on his current NY auto policy) and further update the policy with her Massachusetts driver’s license number and MA garaging address for the vehicle. That way she will be covered under the NY policy while driving in Massachusetts. As always, make sure to keep a current Proof of Insurance in the vehicle at all times.

Do you have an insurance question? Just ask the expert Massachusetts insurance agents at Vargas and Vargas Insurance Agency ! We love to answer our clients’ questions, and we are only a phone call away. One quick call to 617-298-0655 and we can help you with all of your insurance needs, whether you need a question answered or want an insurance quote or review.

Choosing Between Insurance Companies | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

When you look for a new insurance policy, it is easy to get overwhelmed by the endless number of insurance companies that exist. Each offers a wide array of coverage options, and each and every one will claim to be the best for you and your family.

How do you know which provider to use?

Here are a few considerations that you should take into account when you are looking for a new insurance policy:

Consider the Coverage

Every person has a unique set of needs when it comes to an insurance policy, whether it’s home insurance, auto insurance, health insurance, or another type of insurance. In the same vein, each insurance provider offers products that are slightly different. Your goal should be to find an insurance provider that sells a product that is in line with your needs.

Differentiate between Discounts

Just like the coverage varies between providers, so too do the discounts offered. While there may be a few similar discounts between providers, there will no doubt be one sole provider that can offer you the lowest price based on your distinctive situation.

Read the Reviews

Another important piece of the ‘insurance provider’ puzzle is customer service – you can have great coverage at a great price, but that doesn’t help you if you need to make a claim and can’t get a hold of anyone to help you. Before you decide which of the many insurance companies is right for you, make sure to do your research and find out about the quality of customer service at each one you are considering.

When in doubt, talk to a local independent insurance agent!

All of this may seem a bit overwhelming… thankfully, there is an easy solution to choosing the right insurance provider! Instead of wading through an unending number of insurance companies by yourself, get help from an agent at your local independent insurance agency – Vargas and Vargas Insurance Agency !

When you talk to an independent insurance agent, they will gather all the necessary information from you, and then go on a hunt for the policy that best fits your needs. This means that you will only have to give your information once (instead of filling it out for each and every quote that you want) and your agent will do all of the work for you! They will search through several insurance providers to find the one with the right coverage, and discounts for which you are eligible.

If you would like to find out how much money you could save on your insurance premiums by going through an independent insurance agency, just call Vargas and Vargas Insurance Agency at 617-298-0655 . One of our experienced and friendly agents will be happy to get you several insurance quotes for your product of choice, and can even help you pick the policy that is best for you. And remember – you can save even more on your insurance premiums if you bundle your policies through the same insurance companies!

Regain Control of Your Financial Planning | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

While financial planning is something we all know we should do, it’s often easier said than done. This year, make managing your finances easier and less stressful by following these tips.

Know exactly how much you spend. You won’t know how much you can save until you know exactly how much money you’re spending and on what. Start by keeping a list of this month’s expenses – noting the price of everything you buy, where you shop and what bills you have to pay. This will enable you to take a serious look at where your money is going and how quickly.

Mind Your Decisions provides a detailed expense tracker and budget spreadsheet . Or, check out Computerworld ’s ten smartphone apps that help you manage your expenses.

Use these three easy tips to regain control of your financial planning:

1. Reconcile your bank accounts. According to Mapping Your Future , balancing your bank accounts at least once each month is one of the best money managing habits you can form. In addition to keeping track of your money, it helps you identify any mistakes that you or your bank might have made or any fraudulent transactions.

You can reconcile your accounts quickly and easily via Quicken , other similar finance software, or follow the instructions on eHow to ensure you do it correctly.

2. Eliminate credit card debt. According to Boston.com , the average American household carries close to $8,000 in credit card debt. Additionally, the Federal Reserve cites that 58% of Americans have a credit card balance. While these statistics are alarming, decreasing your debt may not be as overwhelming or impossible as you think. CreditCards.com and About.com explain specific steps to take to decrease – and eventually eliminate – your debt.

3. Save. Even if it’s just a small portion of your paycheck each month, setting aside money is important, whether it’s for retirement or just the upcoming year. Real Simple provides a step-by-step guide to saving money . Additionally, BusinessWeek details 25 ways to reduce expenses and boost savings .

If you would like to meet with a professional to discuss your finances, Boston Magazine lists the area’s 20 best financial advisors . Or, read and submit review of the ones near you on Yelp .

Vargas & Vargas Insurance is committed to helping you get the right insurance coverage for you at the best price. We have information at our site on life insurance and other insurance products to consider in your financial plan.

Call Vargas & Vargas today and speak with a knowledgeable agent.

Our phone number is: 877-550-0025.

Tags: personal finance, insurance, easy tips, debt, your financial, regain control, financial planning

Are You Making These Laundry Mistakes? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

In your home, does it seem like there is an endless parade of dirty clothes, sheets, towels, and other laundry through your wash room? The first key to being more efficient is to make sure that your laundry room is properly organized. Get help with your household organization from our sister blog, First Time Home Buyer Tools – there you can find a blog all about how to best organize your laundry room for more efficient cleaning, even on a busy schedule.

To keep all of your things (and your washer and dryer) in great shape for years to come, make sure that you avoid these laundry mistakes:

Using the wrong detergent.

Depending on the type of washing machine that you have, you may need a specific type of detergent, like that made for High Efficiency (HE) washers. Also ensure that you’re using the right amount of detergent when you wash. It turns out that using more detergent than you need isn’t only a waste of money, you’re also probably causing your clothes to wear out more quickly – so always use the provided cup and pay attention to the fill lines, and don’t just ‘eyeball’ your detergent pours.

Overfilling the machine.

If you’re looking for efficiency in your laundry routine, overfilling your machine is actually anti-productive. It may seem like adding more to your loads means less laundry, but you’re actually reducing the cleaning power of your machine, and your clothes will suffer for it. When in doubt, make sure that your machine is loaded so that the items inside have plenty of room to move around and agitate so they can get clean.

Ignoring the care instructions.

Anything that you purchase will have instructions on how to best care for it – don’t think you can just get away with sorting by color and calling it a day. For example, many denim items need to be washed inside out, and only certain items made of wool can be machine washed and dried. You may also want to wash small items (like socks and intimates) in zippered mesh bags so that they don’t get tangled or lost in the wash.

Overlooking household cleaning solutions.

Not all laundry problems need expensive solutions. In some cases, you can overcome difficulties with items that you already have around your home. For example, vinegar is a natural deodorizer, and can be helpful in getting sweaty smells out of your gym clothes. Also, a paste of baking soda and water is as good of a stain remover as many of the products that you will find in your local supermarket.

Also remember to follow the proper safety procedures when doing laundry – clean your dryer’s lint trap after each load to avoid house fire, and have the proper home insurance just in case of an emergency. For a premier Massachusetts home insurance policy, call Vargas and Vargas Insurance Agency at 617-298-0655 . After all, you never want to be stuck in a sticky situation without help, and Vargas and Vargas Insurance is a local insurance agency that’s always in your corner.

Building on your Massachusetts Business Insurance | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

•Floods
•Earthquakes
•Hurricanes
•Terrorism
•Internet crime

In addition to these, liability is a fast expanding area. Your general liability insurance is designed to cover you financially against injury claims from individuals who are hurt while on your premises. However, there is a range of very specific liability policies that can offer protection against a number of different potential risks, including coverage for:

•Errors and omissions – for cases involving allegations of negligence or errors in services supplied.
•Product liability coverage –for situations where faulty products might cause a loss to a client
•Directors’ and officers’ liability – for law suits relating to activities of directors and officers.

Every business is unique and, therefore, faces specific risks that are peculiar to their activities and operations. To ensure that your business is adequately covered by the best combination of extra policies, in addition to your basic Massachusetts small business insurance package, you should discuss your options with your insurance agent, who can help guide you through the range of available products.

Using sunscreens and sunblocks | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

With the heat index increasing each day, the need for sunscreen becomes more important! Using sunscreen allows you to maintain healthier skin by eliminating sun burns and reducing the risk of skin cancer. Also by living a healthier life, your health insurance premium has the potential to decrease for you and your family.

According to the HuffingtonPost , the best sunscreen supplements to use are mineral sunblocks with Titanium Dioxide and Zinc Oxide as active ingredients. sunblocks that have these ingredients in them are the best to use because they block out UVA and UVB rays and allow low penetration of the sun on your skin.

Every sublock bottle has an SPF listed on the front. But do not believe that the highest SPF is the best. According to the NYTimes , even the 100+ SPF sunscreens do not offer 100 percent protection against the harmful rays from the sun. The 100 SPF sublocks block out 99 percent of sun rays, SPF 50 blocks out 98 percent and SPF 30 blocks out 96.7 percent of the harmful sun rays. For example, if an individual starts to acquire a sun burn after 45 minutes of sun exposure and they apply SPF 30 to their skin, they will be protected from the harmful rays for 30 times longer.

Vargas & Vargas Insurance Agency offers the best protection for you and your family. Whether your needs are for auto, home, life, commercial or life insurance, our clients who all deserve the best protection at the best price. Call Vargas & Vargas Insurance Agency and find out why we are “famous for our service” and why so many families and businesses trust us to protect their assets from the harmful elements of the world.

Four Steps to Financial Success | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

Everyone wants to be smarter with their money. It is one of the most common New Year’s resolutions , and (just like exercise and weight loss) is often abandoned in no time flat.

While there is no true outline of exactly how you can succeed at spending less and saving more of your hard-earned money, here are four great steps that you can follow to get yourself in a financially responsible mindset:

Financial Success – 4 Steps:

1. Figure out your true goals.

Many money goals are very general. While a general goal is a good place to start, it’s important to sit down and take the time to iron out your financial desires. Instead of just saying “I want to save more of my money,” specify what it is you’re saving for, and quantify your goal with a number or percentage. For example:

“I should put 5% of my take-home pay into a retirement fund every month.”
“I want to save $3,000 for a vacation in two years.”
“I need to save $100 every month for my children’s college fund.”
“I ought to have nine months to one year’s living expenses in my emergency fund within the next five years.”

When you have a clearly defined goal, your next steps in the process will be easy.

2. Compare your goals to your lifestyle.

Now that you have a clearly defined goal, it’s time to evaluate what sort of lifestyle changes you need to make in order to achieve it. Take, for example, the vacation goal from above. If you want to sake three thousand dollars in two years, you need to save approximately $175 a month. Take a look at your normal monthly spending and find a few places where you could cut back your spending.

3. Take baby steps toward change.

One of the biggest mistakes that people make when working toward a goal is making too many changes too quickly. Instead of going cold turkey, make changes gradually.

Instead of fully cutting out your daily premium coffee, limit yourself to a few visits a week to your local barista. As you familiarize yourself with the taste of a home brew, make your caffeine runs less and less frequent over time.

The same principal goes for all money saving habits that you want to implement, including:

Eating out less
Quitting smoking
Spending less on shopping trips
Paring down your entertainment budget
Using more coupons

As you slowly develop these money saving habits, you will see yourself come closer and closer to achieving your financial goals!

4. Celebrate your progress!

As with any achievement, it is important that you give yourself a pat on the back once in a while. The sacrifices made in order to become financially responsible aren’t easy, but they will allow you to be more successful in the future.

Reinforce your good financial behavior by celebrating your accomplishments. Share your victories with friends or family, or allow yourself to splurge a bit when you attain your goal.

Also remember – these four steps will help achieve small goals. Sometimes, though, professional assistance is necessary. If you need some more help with your financial planning , please call 877-550-0025 to speak to a professional financial advisor for extra help with estate planning, annuities and stocks, and much more.

Small Business Insurance that Every Business Needs | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

Insuring a small business is a complicated affair. Thankfully, you have Vargas and Vargas Insurance in your corner – we will work with you to make sure that you have all of the coverage that you need (and none of the coverage that you can do without).

It goes without saying that every business is different, but in general, every business owner should consider adding the following seven types of business insurance coverage to their insurance portfolio:

Commercial Property Insurance

The first type of insurance policy that almost all businesses need is a commercial property insurance policy. This insurance will protect your company’s property from a wide variety of potential perils, and can also protect your furniture, equipment, and inventory – depending on your needs, of course.

Business Interruption Insurance

What would happen if your business were forced to close due to a natural disaster? Do you have enough savings to cover the bills that you would need to pay in the event that your sales skidded to an unexpected halt? With business interruption coverage, you would have financial protection in these cases so that you could relax knowing that you won’t have to permanently close your doors in these situations.

Data Breach Insurance

Imagine for a minute how much time and money your business would spend recovering from a data breach. It could easily cost thousands of dollars and dozens (if not hundreds) of hours depending on the severity of the breach. While you should definitely implement cybersecurity protocols to prevent any possible breach, also cover all of your bases by having data breach insurance coverage.

Trade Credit Insurance

Does your business run on a credit system? If you have a large Accounts Receivable, you need to have coverage for all of the debts that you are owed, and that’s where this coverage comes in handy – a trade credit insurance policy will insure you against risks like protracted default and insolvency.

Workers Compensation

If your business has employees, then those employees need insurance. Workers can get injured in any line of work, so make sure that your business is protected just in case – workers comp will typically cover medical expenses, lost wages, and much more. Also inquire about getting group benefits for your employees to improve recruiting, retention, and satisfaction in your workplace.

General Liability Coverage

No one expects to be involved in a lawsuit, but unfortunately it’s always a possibility. Don’t let the thought of costly legal expenses keep you up at night – a general liability insurance policy can provide protection in a variety of legal situations. Also consider excess liability insurance for added protection.

Errors and Omissions Coverage

While having general and excess liability insurance provides your business with increased levels of protection, there still may be a few gaps in your coverage. That’s where Errors and Omissions Insurance (aka Professional Liability Insurance) comes in handy – it provides even more liability protection for your business in the case of certain situations, including claims of negligence.

If you’re worried that your small business is missing any of these types of insurance, just call your local Massachusetts business insurance experts at Vargas and Vargas Insurance. One quick call to 617-298-0655 can help you ensure that your business has the protection that it needs.

Prepare Yourself for the Hurricane Season! | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

Hurricane Season starts June 1st!

The Weather Channel released their forecast for this year’s hurricane season. According to their predictions, this year will be a below average hurricane season which will include 11 named storms, 6 hurricanes, and 2 major hurricanes. But this does not mean that each hurricane will make landfall. These results are below average when compared to the average hurricanes and storms forecasted from the years 1950 to 2011. Throughout these years, there were an average of 12 named storms, 7 hurricanes and 3 major hurricanes. Do not let this year’s predicted forecast fool you! If the President Obama and his team are preparing for this year’s hurricane season, then you must be well prepared too!

How to prepare your home and your family in the event of a hurricane?

Create a plan for you and your family.
Have the proper emergency supplies:
1. 5 gallons of water per person
2. Non perishable food
3. Radio
4. Flashlight
5. Batteries
6. Hygiene supplies
Fill cars with gasoline
Board up windows (if necessary)
Fill the freezer with frozen bags of water so it will stay cold longer in the event of lost power.
MOST IMPORTANTLY – Have the correct home insurance to protect your assets against damage during the hurricane!

Your home insurance policy covers hurricanes; however you need to review your deductible section to see how much of the damage you are responsible for. Many carriers charge a higher deductible for wind and or hail claims. You can find this information on your home declaration page.

In order to verify you have the proper coverage’s for this year’s hurricane season, visit your trusted Vargas & Vargas Insurance Agency agent. At Vargas & Vargas Insurance Agency , we guarantee the best coverage’s and premiums for our clients. Call us today at 877-550-0025 and trust us with creating the home insurance policy that best fits your desires for years to come.

Host Free Educational Webinars to Promote Your Business | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

Hosting online webinars is a marketing technique that has begun to take off in the world of business promotions. Often free, webinars are educational talks or demonstrations. They typically last an hour and webinar speakers usually offer general information rather than a high pressure sales pitch. Should you choose to try your hand at hosting an educational webinar for businesses in your industry, you may want to check with your Massachusetts business insurance agent to find out if you need errors and omissions coverage, or something similar, for businesses which dispense advice or information.

Some businesses may wish to provide continuing education for their employees and other businesses may be looking for ways to get the word out about their products and services. Put these two objectives together and the stage is set for a webinar. Access to participant email is one of the advantages of hosting a webinar. The participants’ email addresses provide a list of hot leads for marketing staff looking to sell products or services.

Online webinar technology is not expensive and with proper training, the webinars are relatively easy to produce. Following up with participants is important for getting the most out of your investment in webinar technology and adding to your client base. It is however, important to consult your Massachusetts business insurance agent about any additional financial protection you may need should you begin to offer webinars to your clients and prospects.

Medical Insurance Tip: Outdoor Summer Exercise | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

Running and walking are great ways to get some exercise this time of year, especially if you are feeling cooped up and want to enjoy the beautiful summer weather. For those of you who may be thinking of taking part in outdoor summer exercise, make sure that you follow these five tips from the Massachusetts medical insurance experts in order to stay healthy and happy:

Exercise during Non-Peak Hours

We may live in the Northeast, but it can still get very hot here in Massachusetts. If you want to do your exercise outside and enjoy the nice weather, plan to do so in either the morning or the evening. This will ensure that you’re not outside at the hottest parts of the day (typically between 10 am and 3 pm), when heat exhaustion and heat stroke are more prevalent.

Studies have found that exercising first thing in the morning takes advantage of the early spike in hormones, and also will leave you more focused and energized for the rest of the day, as well as an improved mood.

Hydration is Key

It is easy to become dehydrated when exercising in the heat. To ensure that your body has enough water to accommodate your workout, drink plenty of water before, during, and after your time outdoors. While exercising, you should be taking a drink at least every 15 minutes, even if you don’t feel thirsty. Also make sure that your system is getting electrolytes , which can be found in many popular sports drinks.

Choose the Right Gear

When dressing for your workout, make sure that you wear loose clothing to aid the evaporation of sweat and keep you cool. Choosing to wear light colors will also aid in the reflection of heat. You may also want to try clothing specifically designed for workouts, which are often designed to keep you cool and dry.

Protect Your Skin

As top notch Massachusetts medical insurance providers, we know the importance of skin protection here at Vargas and Vargas Insurance Agency. Whenever you are outside, you should be looking to protect your skin. Wearing shirts with sleeves will protect your shoulders, and a hat will protect your face. Also make sure to always wear high SPF sunscreen when you are outside, and make an effort to do your workout in a shady area or trail to avoid direct sun exposure.

Watch for Warning Signs

One of the best pieces of advice that you will receive in regards to exercising outdoors is this: listen to your body. If you ever feel nauseous, dizzy, or faint, stop your workout immediately and seek out shelter. If symptoms continue, see a medical professional for help.

If you’re serious about doing the best for your body, make sure that you have a top of the line medical insurance policy from Vargas and Vargas Insurance Agency. One of our qualified and knowledgeable agents can provide a review of your current health insurance policy, or a quote for a new medical insurance policy with all the coverage you need. Just call 617-298-0655 to speak with a Vargas and Vargas Insurance representative.

Do You Make These 4 Cleaning Mistakes? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

Keeping your home clean and organized is a constant battle for most people. It may seem like each time you clean something, it’s dirty again in no time. It turns out that you may be making some cardinal cleaning mistakes! Almost everyone will admit to believing at least one (if not several) of these four cleaning myths. Read more about what you could be doing wrong, as well as the truth behind the lies, below:

Myth 1: Only expensive products can clean your oven properly.

It’s nearly impossible to keep an oven clean. No matter how diligent you are, something is bound to overflow and make a mess on the bottom of your oven. Fear not, though – it turns out that you can clean your oven with materials that you have in your home already. All you need is baking soda, vinegar, water, and some patience. With this method , you can clean the grime off of your oven without using harsh chemicals.

Myth 2: Don’t wash cast iron pans.

Cast iron pans are made out of iron (obviously), and iron and water are enemies, right? If you let your cast iron pans soak you will end up with rusty pans that you can’t use. But did you know that you can use water to clean your cast iron as long as you make sure to dry the pans thoroughly afterwards? The Kitchn recommends setting your clean and empty pan on the stove over low heat to ensure that it dries fully.

Myth 3: A clean pillowcase means a clean pillow.

Most people throw pillowcases in when washing their sheets and then consider their pillows clean. It turns out that some skin cells and facial oils will leak through your pillow case and into your pillow, so you need to clean the pillow itself at least twice a year. Down and fiberfill pillows can be run through the washing machine, and foam pillows can be vacuumed or run through a no heat dryer cycle.

Myth 4: You need to get rid of all the germs and have everything sparkle.

We’re brought up to think that germs are the enemy. They’re micro-invaders that come into our homes and make us sick. It turns out that letting a few germs slide could be a good thing , though. In fact, some studies say that being exposed to some germs builds up a person’s immune system. In a recent study by Northwestern University, it was found that children that were exposed to germs and got sick more as toddlers had less inflammation in adulthood. So clean your home, but don’t feel like you need to eliminate every last germ from your home.

And if you’re looking to keep your home protected against more than just dirt and germs, speak with a Vargas and Vargas Insurance agent about getting a Massachusetts home insurance policy . With one quick call to 617-298-0655 , you can learn about how to get coverage and financial protection against a range of potential hazards, including theft, fire, and much more.

How Much Life Insurance Do You Need? | Blog | Vargas & Vargas Insurance

duda@levitateapp.com — Sun, 02 Apr 2017 12:02:00 GMT

If you want to protect your loved ones in the event of your unexpected passing, a great way to do so is with a life insurance policy. Once you realize that you need this coverage, though, it can be a momentous task to try to determine exactly how much coverage you should purchase. Instead of agonizing over this issue, call your insurance agent! They will help you determine the right amount of coverage for your needs, including the following considerations:

Make sure that you leave enough behind to support those people that depend on you financially. Your life insurance policy should leave enough support for spouses and/or parents that you support, as well as enough to support children until they are able to be financially independent.

If you currently have any outstanding debt, you should probably have enough life insurance to clear it in the event of your death. A life insurance professional can help you determine which debts you should cover, but generally speaking you want to consider covering credit card debt, student loans, car loans, and mortgages.

Let’s face it – death is expensive. Make sure that you include some money in your life insurance to cover your final expenses for a funeral and burial, which could exceed $10,000 . This should also include an earmarked amount to cover any estate taxes that will be incurred upon your passing.

You will also need to include any future obligations in your whole or term life insurance policy. If you want to cover your child’s college education, or want your spouse to be able to take a vacation after you pass away, this should be accounted for when determining your life insurance policy’s payout value.

In addition to being covered for all of the above, you should make sure to call and speak with your Massachusetts insurance agent if your financial situation changes, because it could affect the amount of life insurance coverage that you need. Specifically, the following situations typically require a life insurance coverage adjustment:

A change in marital status – either a marriage or a divorce will change your life insurance needs.

The birth of a child – you should probably increase your life insurance policy to cover the child until their 18th birthday, and adjust this coverage down every couple of years until they are grown.

You take on debt – as we mentioned, your life insurance should cover your debts, so let your agent know if you buy a home or a car. You may also want to increase your coverage if your credit card debt increases. Conversely, if you pay off a significant debt, you can decrease your coverage proportionally.

Retirement – the majority of life insurance coverage is meant to replace your income if you pass away. When you retire (and therefore no longer have an income) you no longer need this coverage, and your policy should be adjusted accordingly. Make sure, though, that you still have coverage for death expenses and debts.

If you’re ready to talk to one of the best insurance agents in Massachusetts, just call Vargas and Vargas Insurance Agency at 617-298-0655 . We will be able to evaluate your financial situation and get you the perfect life insurance quote for your needs.