Consumer Article: “Riding Mowers . . . Are You Insured?” When the wording in a new version of an insurance policy is changed there can be a significant impact on the coverage provided. This can happen even if just one word is added, changed, or deleted. As a case in point, this article will look at the coverage provided for a riding lawnmower under a 1991 vs. 2000 edition of the “ISO standard” Homeowners policy.
The looming auto and homeowner insurance rate-hikes slated for 2016 are creating a lot of buzz in the news.
After last year’s harsh winter, and another predicted for 2016, the Massachusetts Department of Insurance approved rate-hikes averaging at 9%. While a Senate panel plans to investigate the increases, inevitably, your premiums will read significantly higher at renewal.
This affects everyone in Massachusetts, whether or not you submitted a claim last winter.
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