Welcome to Phil Richard Insurance

Experience the difference of our independent insurance agency.

Does your insurance policy cover you adequately?

Make sure you’re protecting 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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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.

Review My Current Coverage

Auto Insurance

Home Insurance

Umbrella Insurance

Flood Insurance

Business Insurance

Condo Association Insurance

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.

What Our Clients Have to Say:

Have been a client for over 40 years very professional company we have only had a couple of accidents but Phil and staff have always been very helpful

Gail F. April 19, 2017

Upcoming Events

Basic Mediation Training
Basic Mediation Training Salem State University 352 Lafayette St. | Salem, MA, 01970 July 18, 2018 @...
June 18 @ 4:30 pm - July 27 @ 8:30 pm
SCORE Boston Workshop: Understanding Your Financial Reports
SCORE Boston Workshop: Understanding Your Financial Reports Want to run your business better and mak...
June 23 @ 6:00 pm - July 23 @ 8:00 pm
SCORE Workshop: Multiply Your Small Business Success with Public Speaking
SCORE Workshop: Multiply Your Small Business Success with Public Speaking As a small business owner,...
July 18 @ 6:30 pm - 8:30 pm

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