Do You Need Boat Insurance for Your Craft?

Boat Insurance, TJ Woods Insurance Agency, Worcester, MAEven more than homes or cars: boats – and watercraft in general – come in a staggering array of shapes, sizes, and roles. From single person personal watercraft to marina yachts, their housing, transportation, and costs vary widely. With such varied values and risks, and different locations for these risks to occur, it can be difficult for owners to judge the risk and necessity to insure the watercraft, especially when both Homeowners’ Insurance and Car Insurance can also provide coverages. This article goes over what coverage these insurances provide, as well as situations where you’ll need additional coverage. [Read more…]

Is Renters Insurance Worth It?

Is renters insurance worth it, TJ Woods Insurance, Worcester, MANo one wants to need insurance. The only time you need your insurance is in a disaster, but when disaster strikes insurance prevents further anarchy. This is especially true for renters, who account for 35 percent of households according to the National Multifamily Housing Council. Many renters assume that their landlord’s insurance will cover them during a disaster, and this assumption is usually incorrect. If you read that and panicked, you should be asking yourself if renters’ insurance is worth it for you. [Read more…]