Partner Profile | written by: Darien MagazineCT staff with Cross Insurance
photo courtesy Cross Insurance
What matters most with insurance is that it’s there when you need it, exactly as you intend. The key to making sure that happens is working with deeply knowledgeable agents who know you, what you need, and how to get you the right coverage from the best carriers …people with integrity who treat your concerns as their own—the way Ryan Garrity and the team he leads at the Darien-based office of Cross Insurance do …people you can count on to know what you don’t, and to have your back when the unthinkable happens.
It’s a value system and a way of doing business with deep roots that began with Woodrow Cross, the company founder, a WWII veteran who served in the Army in campaigns in New Guinea and the Philippines, as well as in the occupation of Japan. From his kitchen table in northern Maine after he returned from the War, he built what is now one of the largest personal lines insurance agencies in the U.S., representing more than 100 of the top insurance carriers in the world.
His grit, vision, ability to find solutions and evolve with the times, along with his dedication to each customer as if they were his only one no matter how big his business became, continue to set the bar for this third-generation, privately held company. Now with 40 offices throughout the Northeast including Darien, Ridgefield, New Canaan, Greenwich, Westport, Fairfield and Shelton and in Palm Beach County, Florida, Cross Insurance employs more than 1,100 people.
Large enough to work with top global carriers and serve as the official insurance broker for Gillette Stadium, the Boston Bruins and the New England Patriots, Cross Insurance remains small enough to use that same blue-chip network and company culture to bring customized personal insurance from local agents to the high-net-worth market.
For more information about Cross Private Client Insurance, visit crossprivateclient.com or contact Ryan Garrity at 203-655-7677 or ryan.garrity@crossagency.com.
Asset Protection – Did you know?
…Guaranteed Rebuild with a Cash Out Option is the best method for protecting your home?
Standard Home policies do not offer this asset protection, but Cross Insurance has multiple outlets to provide this and many other valuable coverages such as 100% backup of sewer & drain.
…Agreed Value is the best method for protecting your automobile?
Standard auto policies do not offer this asset protection which is a predetermined value that holds for a 12-month policy period. Compared to Actual Cash Value (ACV) in the standard auto market that focuses on a daily depreciated value, Agreed Value provides significantly higher returns/protection when cars are totaled or stolen.
…There is a standalone insurance policy for jewelry?
While a rider to a standard homeowners insurance policy is an option, it may restrict the amount of coverage on your jewelry and be subject to your homeowner’s deductible. Standalone valuables policies cover additional perils and have no deductible.
…High-net-worth/successful individuals are 43% more likely to experience identity theft according to the Department of Justice?
Luckily there is fraud protection insurance to help protect from identity theft, fraud and other cyber related crimes.
…Floods are the most common natural hazard according to the World Health Organization.
Flood is never covered by a homeowners policy, but can be purchased separately. The Flood Insurance market has both NFIP/FEMA and Private Market products available. There are two main coverage types of flood insurance: building and contents.
NOTE: Flood is defined as a temporary inundation of two or more acres/two or more properties or a body of water that comes outside of its natural boundary. Mudslide included.
…Excess Liability/Umbrella is the best form of asset protection?
In the event of a third-party lawsuit, excess liability protects your assets at risk. Consult a wealth manager to ensure proper limits are purchased. Limits up to $100M are available.
Source: www.crossagency.com
