In Rhode Island and Massachusetts, we seem to get inundated with advertisements for auto insurance. There are plenty of direct companies that are competing for your dollar. At MKI we offer competitive rates that usually beat the direct companies with a personal touch. We handle each case with quick and honest service without the wait or the use of an automated line. When you call, you are instantly connected with a certified and accredited agent who you are familiar with. There is already an established relationship.
We love to insure motorcycles. Let our companies provide you with the latest options like roadside assistance, second rider coverage, as well as higher medical payment coverage to protect your loved ones as they cruise the roads. Owning a motorcycle is a passion. It’s an escape that we understand is essential in some people’s lives.
Have a 1967 Corvette Sting Ray you’d like to purchase? Not sure how to go about insuring a classic Car. Try our five markets, and be surprised at how inexpensive it is to own and insure a piece of history.
There are many important factors to take into consideration when deciding what coverages are needed for your home. A knowledgeable insurance professional is required so that the essential questions are being asked. At MKI we have been insuring homes in Rhode Island and Massachusetts for over 70 years. These years of experience provide security that you will receive complete coverage, from the best companies, with a fair price.
Most people are unaware that their landlord’s insurance policy is not responsible in the event of a loss to your personal property (i.e. if there was a flood, burglary, fire, etc.). This is one of the many reasons apartment insurance is so important to possess. Known in the industry as renter’s insurance, this policy can be tailored to the specific amount of personal effects you own in your apartment. Renter’s insurance can also cover you in the event a person gets injured in your apartment due to a slip or fall. Replacement cost coverage is another choice to include. This option assists you in getting back all your costly positions without depreciation to account for. You may also include coverage on your property if there is loss while traveling.
MKI offers a discount on renter’s insurance as well as auto insurance when you combine the two. Contact one of our agents today to find out more information.
Hurricanes are among the most destructive forces in the world. Insuring your house wisely for such a devastating event is crucial. Statistically speaking, Providence gets brushed or hit with a hurricane or a tropical storm every 7.21 years. Boston, on the other hand, gets brushed or hit every 6.23 years (according to hurricanecity.com; September, 2008).
It is important to know that many companies in Rhode Island and Massachusetts make consumers carry a significantly higher deductible (the amount of money paid out of your pocket) for hurricane coverage as a result of the elevated amount of damage costs. Some insurance companies’ hurricane deductible make homeowners pay 2-3% of the value of your home. Many insurers do not know about this hidden cost until it is too late. MKI prides itself on offering policies without hurricane deductibles. For more information regarding this matter, we encourage you to inquire more about this subject with one of our agents.
Did you know that floods are the second most common type of natural disasters? Flood insurance compensates for physical property damage resulting from flooding. Flooding can result from heavy rains, melting snow, blocked storm drainage systems, mudflow, overflow of inland or tidal waters or from other sources. For flood insurance to take effect, the water must cover at least two acres of normally dry land or affect at least two properties. The national government funds flood insurance therefore making the cost affordable as well as the same wherever you purchase it from. Homeowner policies do not include flood insurance therefore must be purchased separately. Ask one of our agents today for more information regarding this type of coverage.
Guaranteed replacement cost coverage is the most comprehensive insurance policy. This policy covers the full cost of replacing damaged or stolen property. This type of protection is an additional item that can be included in your new or existing policy. Please contact one of our experienced agents for further information if you are interested in this type of coverage.
Our clients have long enjoyed the savings that are associated with combining home and auto policies into one package. This merger of policies can save you up to 15 percent. We also offer further discounts if you package your umbrella and boat policies with your home and auto policies. If this is relevant to you, please contact one of our agents today to compare prices.
Umbrella insurance coverage could be one of the most important polices you could ever own. Umbrella insurance can be defined as added liability protection that can be used as a supplement if your home or auto plan maxes out its own liability. In other words, you can count on it as an added coverage in the event you are responsible for excessive damage to your home or to another party. Basic umbrella policies offer an additional $1,000,000 in coverage. Higher umbrella limits can be offered depending on the financial position you hold in life. If you think it makes sense to protect your financial future by investing in an affordable policy that could mean the difference between a success and a hardship, contact MKI today.