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Peabody flood damage

Important Facts About Flood Insurance

You may not realize that your existing homeowners or commercial property insurance policy will not cover you for flood damage.   We’ve all seen the devastating impact flooding can have in high-risk areas across the country, like in Houston, Texas, a city that saw damages from spring flooding costing upwards of $14 million (Source: Claims Journal), and a string of West Virginia towns where the June floods damaged 4,000 homes…

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Frates-family-ice bucket challenge

Community Spotlight: Nancy Frates and the Story of the ALS Ice Bucket Challenge

Interview by: Jacqui Richard Setting: New Brother’s Deli in Danvers Square The ALS Ice Bucket Challenge is a global phenomenon. At least half of the world has been involved with it in some form or another. Recently, I had the pleasure of sitting down with Nancy Frates, the matriarch of the Frates family whose efforts have made the Ice Bucket Challenge what it is today. Like many of us, I…

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community-spotlight-project

Phil Richard Announces New Community Spotlight Project

Friends and customers of Phil Richard Insurance have recognized Phil’s active engagement in the North Shore community for many years. Born and raised on the North Shore and a proud St. John’s Prep alumni, Phil has always tried to stay involved with his alma mater and other local organizations as he knows they are the foundation to his success. Above all, Phil believes in using his independent insurance business to support the people and the community where he…

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car-registry

Danvers Registry of Motor Vehicles Shutting Down

The Danvers Registry of Motor Vehicles will be closing this Friday, June 24 due to concerns over the buildings infrastructure, the Massachusetts Transportation Department announced Tuesday. “Due to infrastructure issues at the RMV’s Danvers branch that have inhibited operations and reliable customer service, we are closing the existing facility and working expeditiously to identify a long-term replacement location,” said Registrar of Motor Vehicles Erin C. Deveney in a release. “We…

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Protecting Your Business Against Cybersecurity Risks

    According to the NAIC (National Association of Insurance Commissioners) commercial cybersecurity risks are becoming increasingly common as more and more “critical consumer financial and health information is being stored in electronic formats.”   Data breaches happen across multiple sectors, the primary ones being: Business, Health/Medical, Banking/Credit/Financial, Government/Military and Education. The Identity Theft Resource Center reported a total of 781 U.S. data breaches in 2015, the second highest year…

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Senator Lovely, Phil Richard and Jacqui Richard on the State House balcony

A Recent Visit to the Massachusetts State House

Phil Richard along with his eldest daughter and Phil Richard Insurance Business Development Manager, Jacqui Richard spent a productive and interesting afternoon at the Massachusetts State House last Thursday as the guest of Senator Joan Lovely, Democrat, of Salem, MA. Senator Lovely chairs the Joint Committee on State Administration and Regulatory Oversight, a group tasked with considering “all matters concerning competitive bidding on public contracts,” in addition to numerous other…

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Investor Panel for Young Entrepreneurs Academy

Phil Richard Joins Young Entrepreneurs’ Investor Panel

  Phil Richard is always ready to give back to his community. Recently, he participated on the investor panel for the Young Entrepreneurs Academy‘s ‘Shark Tank’ competition held on March 30th at Brooksby Village. Students in the Young Entrepreneurs Academy, ranging in age from 14-18 years, have been meeting weekly since November 2015 preparing to present their business plans to a panel of “investors” in an event styled after the popular ‘Shark Tank’…

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phil-patti-new-website

Welcome to Our New Website!

All of us at Phil Richard Insurance are proud to announce the launch of our new website. We’re excited to offer our customers and colleagues around the North of Boston area a professional online portal that functions on a high level, making it easier to access our product and service information, as well as allowing visitors to begin the quote process and have their questions answered, all at one comprehensive web address.   Starting on our…

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Our Agency’s Commitment to Giving Back

This time of year can be an especially difficult time for some families dealing with health, economic or social challenges. Here at Phil Richard Insurance, we’ve made it a habit to give back to our community, not just during the holiday season but all throughout the year. We know that giving takes many forms, including fundraising, volunteering, donations and other types of services. As an agency, we are committed to supporting the…

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Hoverboard-personal-liability-concerns

Is Your Hoverboard Covered?

Perhaps you found a brand new Hoverboard under your Christmas tree this year? You may be wondering if this unique self-propelled vehicle is covered by your homeowners’ insurance? Many of the national news outlets have been carrying stories about the risks involved with this hazardous object. At first glance you might think it is covered because it is considered the “personal property” of an insured, which normally would be covered by one’s home…

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