For Financial Advisors, Estate Attorneys, and CPAs

This page is for the professionals who look after a family’s investments, estate plan, and taxes. Insurance sits next to all three: a trust that holds the house, a business sale that changes what a family has at stake, a collection that has grown past a standard policy’s limits. Here is what we review, when an introduction makes sense, and how we work alongside you.

What We Review

We look at a household’s policies together rather than one at a time, because a gap in one usually shows up as a problem in another.

• Homes. Rebuild cost, not market value, for the primary home and any second home. Older North Shore houses are often insured below what they would cost to rebuild.
• Liability. Whether the umbrella limit fits what the family has at stake, and whether every home, car, and boat carries the underlying limits the umbrella requires.
• Valuables. Jewelry, art, and collections that sit under a standard policy’s low sublimits.
• Vehicles. New teen drivers, and classic and collector cars.
• Household staff. Workers compensation for a nanny, housekeeper, or caregiver, which a homeowners policy does not replace.
• Ownership. Homes and cars titled to a trust or LLC, and whether the policies name the right owner. See insuring a home or car owned by a trust or LLC.
• Business owners. The business insurance side of the same family, where a sale, a new partner, or a new location changes what is needed.

When an Introduction Makes Sense

The moments when a financial, estate, or tax plan changes are the same moments when insurance stops matching the facts. Common ones:

• A home is deeded to a trust or an LLC, or a trust is restated.
• A client buys, sells, renovates, or inherits a home.
• A business is sold, or an inheritance or bonus changes the balance sheet.
• A teenager starts driving, or the family buys a car or boat for someone else to use.
• The family hires a nanny, housekeeper, or caregiver.
• A client joins a nonprofit or association board.
• A client buys significant jewelry, art, or a collector car.
• The family buys a second home in another state, or moves.

How We Work With You

• Your client sends us their current declarations pages: home, auto, umbrella, and any valuables or watercraft policies. We read them before we quote anything.
• We send the client a written summary of where the current program stands, how it would respond in the situations most likely for that household, and where the gaps are.
• With your client’s permission, we share the summary with you or set up a call with the three of us.
• We do not give investment, legal, or tax advice. When an insurance question touches your part of the plan, such as how a trust should hold title, we raise it with you rather than answer it ourselves.

The review is free and carries no obligation. We are an independent agency, paid a commission by the carrier when a policy is placed through us.

Who You Would Be Working With

Longmeadow Insurance is an independent agency based in Wilmette. Tom Firestine, CPCU, RPLU, has spent over two decades in insurance, and as an independent agency we place coverage with several carriers rather than one.

Introduce a Client

Call or text 847.242.1040 or email hello@longmeadow.agency with your client’s name and the best way to reach them, or ask your client to contact us directly and mention you. You can also book a time for the two of us to talk first.