Welcome to Phil Richard Insurance

Experience the difference of our independent agency.

Are you covered fairly and adequately?

Protect yourself and your prized possessions with confidence.

At Phil Richard Insurance, we’re a family who thrives on helping our community and empowering clients. Our team is made up of friendly insurance experts who fine-tune your policy, maximize value, and help you understand your coverage needs, for now, and the long run.

Today in the age of convenience, we’re used to having everything in the snap of a finger, but quoting an insurance policy should not be based on time or “savings” alone. It’s important to know what you’re paying for (or not paying for).

How do you know if you’re getting the best rate and the best coverage? Our experienced independent insurance agents will help you.

With 10+ insurance carriers, you can shop competitive rates for a wide array of products. Our insurance agency in Danvers, MA offers property & casualty needs such as home insurance, auto insurance, and business insurance for a variety of families and industries on the North Shore. Or, if you are hoping to find an all-in-one insurance service, we also offer flood insurance, renters insurance, dwelling fire insurance, and much more. Contact us today to get started!

Let us take the guesswork out for you. Talk to us today!

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What Our Clients Have to Say:

Everyone that I have dealt with has been excellent!!!!

Michael F. April 19, 2017

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Frequently Asked Questions

I just purchased my first home. How much homeowners insurance should I have?

This is one of the most frequently asked questions we see, and the real answer is, “It depends.” There are so many factors that go into how much homeowners insurance you should have. In general, as long as you have your policy written and insured at Replacement Cost you are off to a good start. Determining the necessary amount of insurance appropriate for your home is something that both you and your agent will discuss allowing you to choose the appropriate level of protection.

Am I responsible for an accident that occurs if my under-18 licensed child is driving my vehicle?

You will be presumed legally responsible for any accident incurred by your under-18 licensed child involving your vehicle unless you can prove that you were not the reason behind your child operating your car. For instance, if your child takes the car to buy groceries at your request, he is acting as your agent and you are responsible. If your child uses your car to go to the movies with his friends, he is not acting as your agent and as a result, you would not be responsible.

However recognize that whenever you “loan” your car to anyone, you might be deemed to have “negligently loaned” your car to someone else and you might be held responsible.

What is the difference between universal and whole life insurance?

Universal life and whole life insurance are both permanent life insurance products. Yet there are distinct differences between the two. Universal life is more flexible in that you can change the death benefit and the premium you pay depending on the cash value of your policy and current market conditions. Whole life is considered a safer product because it offers guaranteed premiums with fixed death benefits and a fixed growth rate. Overall, whole life insurance is more expensive than universal life insurance.

What is the difference between general liability and professional liability insurance?

The basic difference between the two is that general liability covers bodily injury or property damage to a 3rd party and professional liability protects your business against the repercussions of giving out bad advice, or poor guidance.

What areas do you service?

We serve all of MA including the North Shore areas of Peabody, Danvers, Beverly, and New England states.

Learn More About Your Insurance Options

Every person has their own tastes and needs – we have an insurance policy for each. Don’t get caught in an online trap! Finding the most valuable and affordable insurance rates near Peabody, MA and the Greater Boston area is no simple feat unless you’re with the right team. As an independent insurance agency, our agents quote with 10+ regional and national companies, shopping the most competitive markets with inside knowledge to find you the best value for the coverage you desire.

Discover how much you can save, starting with some of the most popular options below.

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Auto Insurance

Home Insurance

Umbrella Insurance

Flood Insurance

Business Insurance

Condo Association Insurance

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Recent News

4 Key Ways To Protect Your Summer Home This Season

Protecting your summer home is important, since you do not occupy it year-round and according to the Department of Justice, household crime tends to be higher in the summer than during other seasons of the year. According to Statista, 9.26 million households own a...

Insurance Referral Rewards Program

What Happens When You Send An Insurance Referral? Know a friend looking to shop their insurance? Frustrated about their nonresponsive property & casualty agent? Renewal is coming up but not enough time to shop around for themselves? Not sure they're...

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This month’s community non-profit spotlight will be focusing on the North Shore Cancer Walk. Each year, some members of the Phil Richard Insurance team join “Carolyn’s Crew,” to walk in honor of Carolyn and all of our loved ones who have been affected. Summer is a great time to get in shape–what better way to do that than by participating in a walk for cancer?

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