Hosting an event—whether it’s a corporate conference, a community festival, or even a wedding—is an exciting yet expensive undertaking. While the focus is often on guest experience, logistics, and coordination, the reality is that behind every successful event lies a web of potential liabilities. These hidden risks can easily derail your plans, leaving you exposed […]
For high-net-worth individuals (HNWIs), managing financial risk extends far beyond insuring homes and vehicles. With substantial assets, multiple properties, and a public lifestyle, the potential for liability exposure increases significantly. One costly lawsuit or accident could jeopardize the wealth you’ve worked hard to build. Umbrella insurance and excess liability coverage offer a safety net, providing […]
Imagine this: a serene day on your yacht suddenly disrupted by an accidental collision at the marina, a private jet grounded due to an unexpected mechanical failure, or an exotic car involved in a minor mishap requiring specialized repairs. For high-net-worth individuals, these assets symbolize much more than luxury—they’re milestones of success, passions brought to […]
When it comes to high-net-worth individuals (HNWIs), traditional insurance policies often fall short. These clients require a more personalized approach to protect their significant assets, including luxury homes, unique vehicles, and valuable collections. Negotiating complex policies and underwriting exceptions is crucial for ensuring the proper coverage at the right price. Understanding how to navigate these […]
Identity theft has emerged as one of the most alarming and rapidly growing crimes, impacting over 12 million individuals annually in the United States alone. It’s no longer just about stolen credit card numbers—it’s about safeguarding your entire digital identity and protecting your personal and business assets. Understanding the Broader Risks: Identity Theft and […]
When it comes to auto insurance, most people assume their personal policy will cover them in every situation. However, for individuals or businesses that rely on vehicles not personally owned—such as company cars or rental vehicles—this assumption could lead to costly gaps in coverage. That’s where Drive Other Car (DOC) Coverage comes into play. DOC coverage […]
Horses are a significant financial and emotional investment, and the costs associated with their care, training, and competition can be substantial. However, the risks involved in the equestrian world are equally significant. Injuries, illnesses, accidents, and even theft can result in devastating losses. Equine insurance provides a safety net, protecting you against these risks. For […]
For high-net-worth individuals, wine collections are more than just a passion—they’re a significant investment and a reflection of personal taste and culture. Whether your collection consists of rare vintages, limited releases, or carefully curated cases, the value of your wine extends beyond its monetary worth. However, owning a wine collection also comes with unique risks. […]
High-net-worth individuals often possess financial portfolios that include valuable assets such as luxury homes, vacation properties, high-end vehicles, art collections, and investments. While these assets represent significant achievements, they also come with risks that standard insurance policies may not fully address. A customized insurance review ensures your coverage aligns with your lifestyle, assets, and financial […]
While traditional insurance policies like home, auto, and life insurance are well-known, there are a plethora of other options that can provide valuable coverage for specific needs. These lesser-known policies can offer peace of mind and protection against unexpected events. Let’s explore some unique personal insurance options you might not have considered. Cyber Liability Insurance In […]
When thinking about life insurance, the common image is a family needing financial protection in the event of an untimely death. However, life insurance is not solely the domain of those with dependents. Single individuals, too, have much to gain from the protection of a life insurance policy. Let’s explore why life insurance is essential for single […]
Smart homes are revolutionizing our lives, offering unparalleled convenience with connected devices like smart thermostats, security cameras, and voice assistants. However, with this advanced technology comes a growing concern: cyber threats. As we integrate more and more smart features into our homes, the risk of cyberattacks and identity theft increases. To ensure your home and […]
Tooher-Ferraris Insurance Group Ensures Comprehensive Protection and Peace of Mind for Affluent Homeowners Connecticut – 8/29/24: Tooher-Ferraris Insurance Group, a leading provider of comprehensive insurance solutions since 1932, is proud to announce the launch of its high-value home insurance solutions tailored specifically for luxury properties in Connecticut. Owing to their well-deserved reputation for being a trustworthy […]
Are you confused about the volatility in the auto insurance market? Don’t worry, you aren’t alone! Many consumers are puzzled by rising rates and uncertain about the best ways to secure coverage at a competitive rate. With premiums fluctuating dramatically, it’s essential to stay informed and proactive in managing your auto insurance needs. By understanding […]
A survey by Deloitte predicts that construction costs will continue to increase in 2024. This is a challenge for every homeowner, regardless of the state they reside in or how huge their home is. However, owning a high-value home with labor and construction costs continuously increasing means traditional homeowner policies might not cut it for […]
U.S. drivers pay an average of $2,150 annually for full coverage on their automobile — an increase of more than 63% over the last decade, according to Forbes Advisor. Younger drivers, however, can expect to pay exponentially more for coverage, with the average 16-year-old with their own policy paying $8,765 per year, and 17-year-olds paying an average of $6,829 in […]
If you own your personal watercraft (PWC), you’ll want to know about all the ways your PWC policy allows you to stay protected, including bodily injury, property damage and theft. The basics: A small boat, such as a canoe or other un-motorized boat, is typically covered under the personal property portion of your homeowners insurance […]
Home insurance remains one of the most frequently purchased types of coverage across the United States. However, hard market conditions have made acquiring an adequate policy more expensive and complicated for many people. Indeed, major insurance carriers have already limited or ceased offering certain types of insurance in some parts of the country—areas that were […]
It’s essential to be properly prepared for hurricane season, as these storms carry significant risks to safety and property. To raise awareness of the dangers of hurricanes, the National Oceanic and Atmospheric Administration (NOAA) annually sponsors National Hurricane Preparedness Week. This annual event runs from May 5-11, 2024. With the eastern Pacific hurricane season beginning […]
Without a doubt, pets are part of the family & we want to protect them. If you’ve ever considered pet insurance, keep reading for a rundown of coverage options! An overview of pet insurance: what does it cover? If your dog or cat is sick or injured, pet insurance can cover your eligible veterinary bills and […]
Winter will be here before we know it. Frozen pipes, ice dams, fallen trees. The 3 most common cold-weather claims, but what can you do to prevent them? Frozen pipes: Generally, pipes that are exposed to frigid outdoor temperatures freeze more readily—such as hose bibs, swimming pool lines and water sprinkler lines. Pipes that run […]
Whenever it rains, it can flood, regardless of your proximity to a body of water. A standard flood insurance policy covers your home and contents when damage is caused by rising water. We work closely with Neptune Flood, who will help waterproof your assets by offering expanded, optional coverage that gives your family protection where […]
A life insurance policy is a safety net that ensures your loved one’s future financial obligations are met, and as we reach different milestones in our lives, our insurance needs change. But, when is the right time to reach out to your broker to ensure adequate coverage? New home ownership— Purchasing a new home is […]
The National Weather Service has issued a hazardous weather outlook & wind chill advisory for the upcoming weekend. Friday through Saturday: A dangerously cold air mass is expected to settle over the region on Friday and Saturday. Wind chill values during this time may fall to as low as 10 to 20 below zero for […]
Nothing says “I love you” like a sparkling diamond necklace, but in the event of a loss, nothing causes more heartache than learning you’re underinsured. Learn more about how you can protect the finer things in life with additional coverage options. Standard homeowners, condominium or renters’ insurance policies include a limited amount of coverage for […]
Life insurance isn’t a fun thing to think about, but if you have people who depend on you for financial support, then life insurance is really about protecting them in case something happens to you. Your designated beneficiary would collect a financial benefit upon your death. Plus, during this tough economic period, ensuring that your […]
While spending time in the sun offers health benefits and may be part of your daily routine, you have to be careful to protect yourself from its ultraviolet (UV) rays. UV rays not only cause sunburn, but they can also damage your eyes and hurt your vision. This article provides more information about how the […]
Wine and spirits have become top collectibles While many luxury items continue to attract successful families and individuals, wine and spirits have both become top collecting categories. Rare whisky and fine wine have outperformed every other luxury asset, soaring some 564% in the last decade.1 In the world of fine wine, two bottles of 1945 […]
If you consider your pet to be an important part of your home and family, you’re likely willing to spend a great deal to ensure your pet’s health and well-being. In addition to the costs of food, grooming, training, toys, vaccinations and other regular expenses, veterinary care for sudden illness or injury can impact your […]
Hurricanes, tropical storms, and other severe weather events happen every year across the country. Without proper care, a major storm or flood event could severely damage or destroy the precious works of art and other valuable items you’ve spent years collecting. With a little bit of planning, you can help ensure your home and collection […]
If you own your personal watercraft (PWC), you’ll want to know about all the ways your PWC policy allows you to stay protected, including bodily injury, property damage and theft. What is PWC Coverage? Personal watercraft (PWC) coverage may cover the following: Bodily injury to yourself, another rider, or swimmer injured in your path Property […]
When renting a car, the rental company will typically ask if you’d like to purchase insurance coverage for the vehicle. It’s at this point when you have to ask yourself: Do my personal insurance policies provide the coverage I need, or should I purchase insurance through the rental car company? Although standard auto insurance policies […]
Did You Know? A recent study from the University of Minnesota found that talking on a cellphone while driving impairs one’s ability even more than driving while intoxicated. Talking on a cellphone and other driving distractions pose a major hazard to everyone on the road.
Floods, lightning strikes and other common storms can endanger your home, but you also need to consider the risks of the wind damage that accompanies these weather events. High winds can cause significant damage to your home’s roof, windows, doors and siding. And since wind is usually just one factor of dangerous storms, any wind […]
Celebrating the holiday season with colorful lights and a tree can add more than just sparkle to the festivities—they are also a fire hazard. In fact, according to the National Fire Protection Association, a higher percentage of home fires occur during the holiday season.
Hurricanes, fires and other disasters can cause widespread devastation that threatens the safety of your family and home. But once a disaster passes, you and your family aren’t necessarily out of danger. Read the attached article to learn helpful tips for inspecting and repairing your home after a disaster.
Is your family jet-setting this weekend to enjoy a much-needed vacation? At TFIG we know that your trip may have taken months to plan therefore we want to safeguard your investment; here are coverage types. Trust in us to protect your adventures.
Do your weekend water sport activities range from paddling on the lake to speeding on the open water? TFIG wants to make sure you don’t get stranded at sea without the right coverage; here’s what you need to know. Trust in us to protect your assets.
Summer weekends call for outdoor entertaining and backyard pool parties. Both are enjoyable but can mean added liabilities not covered by your standard policy. At TFIG we want you to be prepared; here’s the basics on personal umbrella liability. Trust in us to protect your fun.
Some of the most disruptive and costly claims are a result of water damage from broken pipes. Follow these tips to avoid these potentially devastating claims. Home Matters – Keep Your Pipes From Freezing
Preparing for winter storms is crucial to survival and safety. Become familiar with winter storm warning signals so you can take appropriate action and learn the dangers of winter ailments so you can avoid injury. Winter Weather Warnings Familiarize yourself with the following weather alerts so you know what actions you may need to take: Winter […]
By Jason Wolf at propertycasualty360.com It’s been 10 years since a devastating hurricane has hit the Southeast. There are many property owners and managers whose careers began in the region since the last massive storm. These professionals — relatively new to the industry — may be unfamiliar with what they must do to prepare for […]
Jun 29, 2017 | By Nir Kossovsky | http://www.propertycasualty360.com The potential for damage from corporate reputational crises is greater than ever, with market cap, sales, margins and profits all in danger. But in today’s heated social media environment — in which the public and key stakeholder groups seem all too ready to personalize their criticism and […]
What You Don’t Know Can Hurt You Re: Short term rental of your home The rental of your home for a weekend, a week, a month or more may void some of the coverages afforded by your homeowner’s policy. For example: Theft of personal property may be excluded. Bodily injury and/or property damage that occurs during a […]
May 08, 2017 | By Laura Doyle | www.propertycasualty360.com Between the 1960s and the 1980s, a total of 25 private collections were open to the public as museums. But as the number of collectors has increased and the value of the fine art market has skyrocketed over the past four decades, so too has the number […]
According to PropertyCasualty360.com, roughly 6 million couples will get engaged on February 14th. That’s a lot of insurance considerations for couples deciding to make the big commitment of marriage — and possibly, one day, divorce.
Life insurance isn’t a pleasant thing to think about, and it may seem like an unnecessary expense. But if you have dependents who rely on you for financial support, then life insurance is really about protecting them in case something happens to you.
Your home maybe one of your most valuable assets. A key factor in it’s appreciation is keeping up with ongoing maintenance needs and tackling renovation projects using highly qualified contractors.
