Author Archives for Swerling Milton Winnick

About Swerling Milton Winnick

If you’ve had a fire, flood or other property loss resulting in an insurance claim, and need a public insurance adjuster in Massachusetts, New Hampshire, Rhode Island, New England or anywhere in the U.S. or Caribbean, call Swerling Milton Winnick. We are the oldest and largest public adjusting firm in New England, and our team of experts will give you personalized, 24/7 attention to successfully resolve your residential or business insurance claim.

Insurable Interest

June 28, 2022 12:59 pm Published by Leave your thoughts An insurance policy is, at its core, a type of contract: it represents an agreement between two or more parties in which one party, the insured, pays a specific sum to the other, the insurer, in exchange for something of value. In the case of an insurance contract (or policy), that thing of value is… View More

Protective Safeguards

May 24, 2022 12:48 pm Published by Leave your thoughts We have an important insurance question for all business owners: does your commercial policy (CP) contain a “protective safeguards” provision? Please check carefully – or ask your local insurance agent. If the answer is yes, then we have one more question: are you complying with those protective safeguards? Protective safeguards are an area of insurance… View More

Think Your Replacement Cost Policy Will Actually Pay to Replace Your House? Think Again.

May 10, 2022 12:52 pm Published by Leave your thoughts In Massachusetts, after a loss, the insurer first tries to determine the Actual Cash Value (“ACV”) of the damaged property. This generally allows the insurance company to apply depreciation in calculating what it initially owes. This ACV amount is due whether or not the policyholder actually repairs or rebuilds the property. But policies usually offer… View More

Homeowner Changes vs. Direct Damage

April 26, 2022 12:51 pm Published by Leave your thoughts When settling insurance losses, public adjusters must often deal with homeowner changes. This is especially the case when the claim involves a significant loss. This is because insurance policies are contracts of “indemnity” – meaning you only get paid for the property you actually possessed, or items of “like kind and quality.”  After suffering a… View More

Cyber Insurance: Part 2

April 19, 2022 12:47 pm Published by Leave your thoughts What’s the single most talked about topic in the boardroom of most companies? Cyber security. Read part 2 of our conversation with Hub International Cyber & Tech Insurance Solutions expert, Michelle Lopilato, as well as the President and CEO of Hub International New England, Charles J. Brophy, III. SMW: What’s trending the most right now?… View More

Cyber Insurance: Part 1

April 5, 2022 12:41 pm Published by Leave your thoughts What’s the single most talked about topic in the boardroom of most companies? Cyber security. This is certainly understandable. When you read the news, you’re apt to find stories about various large organizations – everyone from Best Buy to leading hospitals – suffering high-profile cyber attacks. The costs of such an attack can be enormous… View More