Frequently Asked Questions
Ambrose & Grant welcomes your questions.
Below is a list of our most frequently asked questions. If you have another question,
please feel free to e-mail us, or give us a call at 781-762-2300.
For Life, Health, Financial Services and Employee Benefits questions please contact George F. Grant Jr. at 781-762-7522 or ggrant@baystatefinancial.com.
Personal Property & Casualty
Questions
Q Is it true that if I have my automobile and homeowners insurance with the same
company, I will get a better rate?
A All our companies are very competitive and offer a variety of discounts.
Contact us to see which company and discount program is best suited for you.
Q What is a personal umbrella policy, and do I really need one?
A A personal umbrella policy increases your liability coverage over and above
your auto and home liability limits. For example, if you're involved in an accident which
is your fault and you are sued for an amount which exceeds your auto bodily injury
liability, your personal umbrella could pick up the excess amount less your deductible.
The same theory would apply on your home policy liability limits. In short, yes, we do
recommend that everyone have a personal umbrella policy. Please contact us for more
information.
Q Are all Auto Rates in Massachusetts the same?
A No. Since April 2008, and unlike prior years, Massachusetts now has a managed competitive auto rating system. It is in your best interest to call us for a detailed quote, as every company has different criteria in the rating of autos.
Packaging both your autos and home give the ultimate savings combination. Call us and find out which is best for you.
Commerce, for instance, offers the following discounts:
- 4% group discount for AAA membership plus enhanced auto policy coverages
- Loyalty discount - up to 4% - with 3 or more years uninterrupted coverage with Commerce
- 5% discount on Auto Premium if we insure Home/Condo/Renters with Commerce or MPIUA
- Mult-car discount 5%
- Over 65 discount
- Anti-theft discount up to 35% on Comprehensive Premium
Safety Insurance has similar discounts, the right combinations of which could possibly save you more money.