The Insurance Guy: Who Doesn't Love Homeowners Insurance?

By David BissailloniBerkshires Columnist
Print Story | Email Story
In recent columns, we touched upon the importance of insuring buildings at proper limits, why it makes sense to spend a bit of time reviewing your auto and homeowners insurance, and what discounts and benefits are now available in a very competitive Massachusetts auto insurance marketplace. 

This month, I want to talk a bit about one of the products in the insurance world that I had always thought was actually a pretty good deal. Welcome to the HO-3 policy.

More than just because the bank tells you that you must have a homeowners policy when you carry a mortgage, the homeowners plan is a smart way to manage risk by paying pennies on the dollar to protect your assets. First and foremost, the policy steps in if there is damage to your home that occurs from a few of the obvious causes of loss.

Most people would agree that damage from a fire would be the first job that a homeowners policy would perform. And that is true. If your home suffers partial or total damage from a fire, there is no better way to make you whole again than by having a properly written homeowners policy in place. And whether that premium is $500 or $1,200, if it affords you a couple of hundred thousand dollars in protection, it is a very good return on your premium. Not that I would wish a fire on anyone.

Wind damage is also typically covered by a homeowners policy and we know some of the damage that wind has done lately. Typically, water damage is not covered unless you have a separate flood policy, which can be a confusing topic for consumers. (We will cover water and flood in a separate column soon). However, you can have limited coverage added to your policy that may reimburse you for backup of water in a basement. Again, you really should consult your local agent.

The homeowners policy will also provide coverage to other structures such as detached garages, sheds, and other buildings that you may have on your property. It may also provide you, at the time of a loss, with compensation to provide temporary food and shelter that your family may need if you cannot remain in the home. These are benefits that become very important if you are ever involved in a serious loss at your home.


The homeowners policy also provides the insured with liability protection in case there is bodily injury or property damage done to a third party. This is where legal bills and damages may be paid from in the case of someone getting injured on your property, or being bit by your dog, or accidentally hit with a stray golf ball from your hooked drive at the golf course. There is also a medical payment portion of the policy where small medical bills can be paid to injured parties. The homeowners policy can be a very powerful tool when things hit the fan.

You may notice that there is an increase in the pricing on many homeowners policies, but it still remains a very good value for the consumer. There are a few reasons for the increase in pricing, primarily the fact that 2011 was a record year for catastrophes throughout the world. According to the Insurance Information Institute, worldwide events caused $350 billion in economic losses, shattering the 2005 record of $230 billion. The other primary reason is that the cost of rebuilding homes has gone up. According to Travelers Insurance, in the last year paint has gone up 4.5 percent, copper pipe up 19 percent, wire and cabling up 19.4 percent, insulation up 12.3 percent, and asphalt shingles up 8.3 percent.

But, there remain great deals out there if you are willing to spend some time and work with a local independent insurance agent. Happy home owning.

Dave Bissaillon dabbles in real life while working daily as an account executive at Smith Bros.-McAndrews Insurance Agency in Adams. His occasional column will touch on insurance and other fun stuff.

Tags: homeowners insurance,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

PCTV Turns 40, Anniversary Celebration This Friday

By Breanna SteeleiBekshires Staff

PITTSFIELD, Mass. — Pittsfield Community Television is turning 40 this week, and it's celebrating with its viewers and listeners.

This Friday, Sept. 18, PCTV will celebrate at the Berkshire Hills Country Club. Ryan Peterson, WTEN News10 ABC anchor and Pittsfield High School graduate, will give the keynote address. 

Executive Director Shawn Serre, who has been with the station for over 32 years, said it's their chance to celebrate all they have been able to bring to the community.

"It's a chance to reflect on everything that the organization has done over those years, all the people that have been involved. From board members to volunteers to producers to crew people to staff members, and all the different programs that we've produced," he said. "Everything from public programming to education, sports, graduations, parades, government meetings and forums, and election night coverage, and all kinds of other things that just year upon year of history that we've been able to create and document here for the Pittsfield community over those years." 

Serre took over as executive director about nine years ago. Originally a volunteer fresh out of college.

The original board included former mayor Edward Reilly, Dan Dillon, Diane Morgenstern, Bernard Avalle, and John Fukes of the Berkshire Athenaeum. The operation was all-volunteer until PCTV hired the first executive director in January 1989.

PCTV has operated out of its station on Federico Drive since 1999. But originally they worked out of a basement. 

"The first location that we ever had, we had all of our equipment stored in cardboard boxes in the basement of the Berkshire Athenaeum, because the Berkshire Athenaeum at the time was very gracious and allowed us to have some space while we sort of got our feet on the ground and sort of got things organized," he said. "But we had no location. We had no studio. We just had this equipment that was ordered with the money that we had from the original cable franchise grant."

"So that lasted a couple of years, and then we signed and got a lease over in our first studio location, which was over on Fourth Street in Pittsfield," Serre continued. "That was around the time that I first got involved, just before we moved to Fourth Street. So I was there in the basement of the library, opening those boxes up and seeing what we had for equipment. So we stayed there at Fourth Street for about 10 years, and then this building that we're currently in now, over on Federico Drive, was constructed in 1998. It was built kind of custom-made for the cable company and for us and for one other company." 

Serre said one of their proudest moments was saving the radio station WTBR-FM back in 2018. PCTV made space for them so they could continue operation.

"We carved out some space here in our facility for that, and we've been operating that radio station ever since. So those are some of the big milestones of growth of the organization over the years, and the things that we've done," he said.

They have also invested in advanced technology to keep their programming accessible to all.

"Technologically, there's another whole series of things that we've gone through," he said. "We've started out with a single cable TV channel. We grew to three cable TV channels. We started out as standard definition on videotape, and we grew to digital, and then to high definition, and then everything went to the internet. So we're able to offer video on demand and live streams and video on social media. And then with the radio station, we also have a live stream there and podcasting. So we've seen a lot of technological change and tried to roll with that over the years."

Serre said that PCTV strives to keep people informed while also allowing space for people to create their own media.

"The whole idea behind PEG [Public Education and Government Access]...the whole idea behind that back in the 70s and 80s was that people could be left behind with the technology that's available to the big corporations," he said. "So, if you had a cable system at the time, ordinary people maybe they had camcorders at home, but they didn't have access to a TV studio; they didn't have access to the kind of technology that we had to allow them to create programs and share it with the community. So we filled that gap, and that was one of the main things that we did. And then also to be able to create programming for viewers and for the city, so that the municipal meetings can be shown, and so school committee meetings can be shown, and it really brings people in and involved."

View Full Story

More Pittsfield Stories