Garrity Insurance Now Offering Master Condo Insurance Assistance in Massachusetts

Garrity Insurance, an organization dedicated to helping their clients find out the most effective insurance policies in the market, has recently included master condo insurance to their service portfolio.

May 16, 2019 /MarketersMedia/ —

One of Massachusetts’ most preferred insurance protection service providers; Garrity Insurance has recently expanded their service with the inclusion of master condo insurance. Founded in 1923, the company has built a reputation in this region with its superior service. Starting from basic home and auto coverage to providing coverage for start-ups and large corporations, Garrity Insurance has seen it all in its long and eventful journey. The company offers a wide range of business insurance services including business owners’ policy, commercial auto insurance, commercial property insurance, contractors insurance, cyber insurance, general liability insurance, landlord insurance, and much more.

Condo association insurance is a specialized form of insurance that’s designed specifically for condominium associations. The objective of these policies is to insure the common areas of a complex such as walkways, fences, hallways, stairs and elevators, pools, gymnasiums, community rooms, and all common walls. Securing this insurance is a collective responsibility of individual unit owners. In most instances, the condominium association collects monthly dues from the unit owners and spends a part of that fund towards insuring the building, common areas and the liability exposures of the association.

Master condo insurance policies provide a combination of property and liability protections. Property coverage includes protection for the common areas from damage caused by fire, vandalism, and wind. On the other hand, liability coverage protects the condo association from certain types of liability claims and suits filed against the trust.

In general, master condo insurance policies are purchased and paid for by the condo associations. However, it has been observed that most of the associations pass this cost on to the condo owners within the complex. Premium payments are also frequently passed onto the owners as part of the annual assessments.

At present, Garrity Insurance insures more than three hundred condominium associations in the Greater Boston area. Having partnered with over fifteen of the leading insurance providers, they are able to provide multiple quotes with varying levels of price and coverage for the best policies. A large majority of the master condo insurance policies written by the company are written on ALL IN Basis. However, the docs are also followed for many master policies.

With thousands of satisfied clients and almost a century of hard work behind them, Garrity Insurance is a partner of some of the topmost names in the industry such as Trusted Choice, MAIA, and IIABA. They are also amongst the highest rated insurance provides on Yelp and Angie's List, two of the internet’s top consumer platforms. In order to help individuals make informed decisions about their insurance related needs, the company also runs a popular blog.

Contact Info:
Name: Garrity Insurance
Organization: Garrity Insurance
Website: https://www.garrity-insurance.com/

Source URL: https://marketersmedia.com/garrity-insurance-now-offering-master-condo-insurance-assistance-in-massachusetts/513498

Source: MarketersMedia

Release ID: 513498

More News From The World Agenda

CEO Pay: When investors say "nay" on spiraling packages

May 25, 2019

NEW YORK — Shareholders are still voting overwhelmingly in favor of big pay packages for CEOs, but there are more pockets of resistance eight years after "Say on Pay" became a mandatory exercise at annual meetings. Median pay for CEOs at the biggest U.S. companies climbed 7% to $12 million last year, according to data analyzed by Equilar for The Associated Press. The median increase for a typical worker at these companies was 3%. Median means half were larger, and half were smaller. The stock market is in the midst of the longest bull run on record. Earnings per share...

Missouri governor signs bill banning abortions at 8 weeks

May 25, 2019

JEFFERSON CITY, Mo. — Missouri Gov. Mike Parson on Friday signed a bill that bans abortions on or beyond the eighth week of pregnancy without exceptions for cases of rape or incest, making it among the most restrictive abortion policies in the nation. Under the law that comes into force Aug. 28, doctors who violate the eight-week cutoff could face five to 15 years in prison. Women who terminate their pregnancies cannot be prosecuted. A legal challenge is expected, although it's unclear when that might occur. The measure includes exceptions for medical emergencies, such as when there is a risk...

US orders for long-lasting goods fall 2.1% in April

May 25, 2019

WASHINGTON — Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars, while businesses also pulled back on investment spending. The Commerce Department said Friday that orders for durable goods — or items meant to last at least three years — fell 2.1%, after rising 1.7% in March, which was revised lower from a previous estimate of a 2.6% gain. Orders also fell steeply in February. The report prompted numerous economists to take a more bearish view of the economy in the April-June quarter. Michael Feroli, an economist...

CEOs get $800,000 pay raise, leaving workers further behind

May 25, 2019

NEW YORK — Did you get a 7% raise last year? Congratulations, yours was in line with what CEOs at the biggest companies got. But for chief executives, that 7% was roughly $800,000. Pay for CEOs at S&P 500 companies rose to a median of $12 million last year, including salary, stock and other compensation, according to data analyzed by Equilar for The Associated Press. The eight-figure packages continue to rise as companies tie more of their CEOs' pay to their stock prices, which are still near record levels, and as profits hit an all-time high last year due to...

HHS rolls back protections for transgender people

May 25, 2019

WASHINGTON — A new Trump administration rule would roll back sex discrimination protection for transgender people in health services. In the proposed rule issued Friday, the Health and Human Services Department says laws banning sex discrimination in health care don't apply to people's "gender identity." LGBT groups have long warned such a move could lead to denial of needed medical care. That rule reverses the policy of the Obama administration, which had found that sex discrimination laws do protect transgender people. It faces a 60-day comment period and court challenges are expected. Under the Obama-era rule, a hospital could be...

Here at The World Agenda, we bring innovation to digital news for you to keep abreast of worldwide news instantly anywhere.

Contact us: sales[at]theworldagenda.com