Category: Business

  • Commercial Plates MA: Info for Massachusetts Business Owners

    Got questions about your MA commercial plates? Our team is here to help. After 60+ years of insuring Massachusetts businesses—including those with sizeable fleets and heavy equipment—we are well-versed in state requirements and procedures. Further, we believe a key aspect of our job is helping clients handle commercial plate transactions. How should insurance agents help […]

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  • Builders Insurance Costs: 4 Easy Steps that Could Improve Your Rate

    Builders insurance costs (premiums) are dependent on a variety of factors. And when it comes to one key rating factor, the fate of your rate is largely in your own hands. It’s called your online presence (i.e. your website, social media accounts, and client reviews). More than ever, optimizing this factor could play a role […]

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  • insurance for snow removal

    Snow Removal Insurance: Key Differences in Coverage

    As you’ve probably heard—or have experienced firsthand—it’s increasingly difficult to buy snow removal insurance these days. An uptick in lawsuits, combined with unfair regulations, drive up the cost of snow plow insurance, by transferring the lion’s share of the exposure to snow and ice contractors. Many commercial carriers don’t want to write these policies. Those […]

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  • furloughed employees during covid and workers comp

    Workers Comp Class Code for Employees Furloughed due to COVID-19

    You may have heard about a new workers’ comp class code for employees furloughed due to the COVID-19 pandemic. The code offers a prime opportunity for qualifying employers to save money on MA workers’ comp. But there is a time-sensitive element to it… To help translate the WCRIBMA guidelines and help you prepare for audit, […]

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  • payroll is a keep component of a business insurance audit

    Business Insurance Audits and COVID-19

    They happen every year: business insurance audits. COVID-19 makes this year’s process a little more complicated… and potentially confusing. If you’re wondering how different payroll and operational changes could affect your audit, the following FAQs may help. During the pandemic, we’ve included COVID-related audit questions up top. More general FAQs about annual business insurance audits […]

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  • what is the cares act and how can it help small businesses

    The CARES Act: Coronavirus Aid, Relief & Economic Security

    FAQs from Small Businesses on the New CARES Act While we are not financial advisors, bankers, or accountants, we have been fielding quite a few questions about the CARES Act from our commercial clients. Below is a list of these FAQs along with answers we’ve curated from a host of reputable sources, including the SBA […]

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  • plumbing businesses are essential businesses during COVID-19 shutdowns

    Is My Business Essential? COVID-19 Restrictions in MA

    In response to the COVID-19 pandemic and rising case numbers throughout the U.S., Governor Baker recently issued an emergency “stay-at-home” order for all of Massachusetts. The order limits the movements of Bay State residents, and requires all “non-essential” businesses to close their doors until further notice. Which, for many business owners, begs the question: Is […]

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  • coronavirus and business insurance implications

    Business Insurance and Coronavirus: Are You Covered for Lost Income, Employee Illness?

    Does my business insurance cover losses due to coronavirus? If you don’t have time to read this entire article, we can tell you up front that the answer is, unfortunately, probably no. But we think it’s important people understand why this is currently the case. (NOTE: there may end up being coverage, as we are […]

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  • Know how insurance for commercial trucks affects your drivers and your business

    Insurance for Commercial Trucks: 14 Questions to Ask

    Insurance for commercial trucks and vehicles is a tricky issue—especially as our work-life boundaries continue to blur. Many companies allow employees to take trucks home at the end of the day and use them regularly in their personal lives. Other companies ask employees to use their own cars during the course of the business day. […]

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  • Car Insurance for a Nanny (or Other Domestic Employees)

    Do you need to buy insurance for a nanny? The short answer is yes, if she works for your family at least 16 hours per week. Massachusetts considers you an employer in this situation, which means you need to purchase workers’ compensation insurance (a.k.a, nanny insurance), to cover any injuries or illnesses your domestic employee […]

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