If You Are a Renter, Protect Your Possessions with Renters Insurance

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.

What to Expect From Condo Insurance

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. 

Getting your Dorchester area home ready for winter with the right insurance

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!

Protect Your Family Assets With Umbrella Insurance in Massachusetts

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.

Who Should Get Flood Insurance?

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.


I’m Going On Vacation, How Do I Keep My Condo Safe While I’m Away?

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:

  1. 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.
  2. Unplug your electronics. Avoid a potential fire hazard by unplugging your TV, kitchen appliances, and other electronic devices.
  3. 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.
  4. 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.
  5. 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 

Find out more about life insurance today!

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!

How to Choose a Life Insurance Beneficiary

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.

Commercial Insurance Options for Dorchester, MA Business Owners

If you own a business in and around Boston, MA, accidents happen whether you are prepared or not. One of the best ways to protect your business is by investing in commercial insurance. There are numerous types of business insurance, and narrowing it to the one that suits your business can be challenging.

Vargas & Vargas Insurance walks you through the options and will guide you to choose the ones that meet your business needs.

  • General liability insurance: While this insurance isn’t mandatory in Nebraska, it’s a must-have investment for every business. Given the ubiquitous nature of claims like advertising injury, property damage, bodily injury, and even suits, your business will be treading on thin ice if you don’t have liability insurance.
  • Umbrella insurance: Like mentioned, liability claims are never far away from your business. While your liability insurance is great, it can only do so much when faced with significant liability claims. However, when you have umbrella insurance, it picks up from where your general liability insurance leaves off.
  • Property insurance: Your business operates because of the support it gets from assets like computers, furniture, buildings, and so on. So, it makes sense to invest in insurance that protects your assets from perils like fire, lightning, theft, vandalism, and natural disasters, among others.
  • Workers’ comp insurance: This coverage is mandatory in Massachusetts regardless of the number of hours worked by your employees.
  • Commercial auto insurance: Whether you have a fleet of vehicles or one car used to run commercial errands, you must invest in commercial auto insurance to protect your vehicle and the driver.
  • Professional liability insurance: If you offer professional services, you should invest in this coverage since it protects you when your actions lead to financial distress for clients.

Need to invest in commercial insurance? Need to learn more about commercial insurance? If you need any of these services in Dorchester, MA, don’t hesitate to contact Vargas & Vargas 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 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.

A Brief Guide to Classic Car Insurance

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.