Claims are formal requests made by policyholders to their insurance company to seek compensation or coverage for losses or damages covered under their insurance policy. When an insured event occurs, such as a car accident, property damage, injury, illness, or other covered incident, the policyholder submits a claim to their insurer to receive financial assistance or reimbursement for the incurred losses.

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27 Reasons to Work with Murphy Insurance Agency

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For more than 88 years, Murphy Insurance Agency has been a trusted partner for families, individuals, and businesses across Massachusetts. As a family-owned and independent agency, we prioritize relationships over transactions, offering guidance and support tailored to your needs. With access to more than 25 top-rated carriers, we deliver personalized solutions, competitive options, and peace of mind. Discover 27 reasons why thousands have chosen Murphy Insurance to protect what matters most.

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Understanding the Insurance Claims Payment Process

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In the aftermath of a disaster, understanding your insurance payment process is crucial for prompt recovery. Your insurer may issue multiple checks for temporary and permanent repairs, as well as replacements for damaged belongings, ensuring swift restoration to normalcy for both you and your insurance provider.

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Starting a Business? Know the Risk Factors that Go into Pricing Your Business Coverage

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Successful startups require vision, passion, and appropriate business insurance coverage. While launching a new venture can incur expenses, cutting corners on insurance is not advisable because of its critical role in safeguarding business interests.

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2022 Atlantic Hurricane Season Forecast to be ‘Above-Normal’

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The 2022 Atlantic Hurricane Season is expected to be “above-normal,” with 19 named storms, 9 hurricanes, and 4 major hurricanes. Home and business owners are advised to review their insurance policies, especially for flood coverage, and prepare by securing properties and creating emergency plans.

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Top 10 Small Business Insurance Claims

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An analysis by The Hartford reveals that four out of 10 small businesses may face property or general liability claims within the next decade, with burglary and theft being the most common. However, the most expensive claim for small businesses involves reputational harm, encompassing issues like libel, slander, and privacy violations.

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5 Tips for Solid Auto Insurance Coverage

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While car insurance typically covers vehicle damage, the most significant financial risk lies in injuring others without adequate Bodily Injury to Others coverage. Since accidents and their severity are unpredictable, ensuring sufficient coverage is crucial to safeguard against potential liabilities arising from injuries.

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Settling Insurance Claims After a Disaster

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After a disaster, settling insurance claims can be daunting, but taking quick, informed steps can make all the difference. From contacting your agent to documenting damage and making temporary repairs, this guide outlines everything you need to know to get started and avoid costly pitfalls.

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Dog Bites Accounted for More than 1/3 of All Homeowner Liability Payouts Last Year

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In 2015, dog bites and related injuries comprised over a third of all liability claim payouts in homeowners insurance. Despite a 7.2 percent decrease in nationwide dog bite claims, the average cost per claim surged by 16 percent.

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Managing Insurance Costs…Understanding Deductibles, Frequency and Severity

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Effectively managing insurance costs extends beyond coverage limits, options, and premiums; it includes evaluating the deductibles you’re comfortable paying out of pocket.

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MA Dept of Industrial Accidents Requiring Electronic Filing of All First Reports of Injury by Jan 1, 2014

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Starting January 1, 2014, the Massachusetts DIA requires all Form 101 First Reports of Injury (FRI) to be submitted electronically—paper copies will no longer be accepted. Employers can submit forms via secure file transfer or through the DIA website with an authorized online account. While this change affects submissions to the DIA, the process for notifying Murphy Insurance or your insurance company remains the same. To avoid delays, businesses should apply for a DIA Online Account as soon as possible.

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