Posted by Jackie Stewart.
Most people are unaware that typical Homeowners Insurance policies don’t cover flood damage – that would require a separate Flood Insurance policy. Do you have coverage for flood damage? Even if you think it’s something you don’t need, it’s worth a discussion and learning more – a huge number of claims for flood damage occur each year to homeowners who aren’t in a flood zone.
Flood insurance is generally available through government backed insurance policies:
If your home is located in a special flood hazard area, and you have a mortgage, the bank will require that you purchase flood insurance. If your home is not in a special flood hazard area, flood insurance is not required by the lender, but is available. The government backed plans offer coverage on homes up to 250,000 for the dwelling and 100,000 for contents. If it is a business, coverage is available up to 500,000 on the building and 500,000 for business property.
More recently, other options have become available. President of The Fair Agency Kathy Silvia wrote an article for CapeCod.com that talks about these options – check it out:
Flood Insurance – Is There an Alternative to the Government Backed Plan?
Posted by Jackie Stewart.
Kathy Silvia, has been recognized by The Society of Certified Insurance Counselors (CIC) for her 35 years of committed professional leadership and advanced knowledge. Kathy earned this designation through a series of rigorous examinations and has maintained the designation by annual attendance at an approved CIC program.
“The continuing commitment and professional dedication represented by Kathleen sets a high standard within our industry.” said Dr William Hold, CIC, CPCU, CLU, and President of the Society of CIC. “This thirty-five year accomplishment signifies a career of active leadership in advanced education. Kathleen’s commitment to professional development positively reflects on the insurance industry as a whole.”
The Society of CIC is a member of The National Alliance for Insurance Education & Research.
Posted by The Fair Agency.
Bob Fair was co-owner of The Fair Insurance Agency of Centerville. He began his career in the insurance industry with New York Life, then joined his family at Fair & Yeager Insurance in Natick, prior to founding Fair Insurance Agency in Centerville with Kathy Silvia in 1987.
Bob served in the Navy from 1952 to 1954. He passed away in 2011.
The Fair Insurance Agency was Bob’s second family—he brought humor to the office, a positive attitude, and he was always reaching out to help others. He was much beloved by all, both in the agency and in the community. While the passage of time has healed some of our loss, he is still sorely missed.
We’re really happy with the commemorative portrait we had commissioned – it captures an expression we all knew so well. You can see the gleam in his eye. We all strive to carry on the strong values of service, community and excellence that Bob brought to his work.