Find an Independent Agent
Find an Insurance Company
What type of insurance do you need?
Get help from one of our Massachusetts independent agents
They understand your risks and will find you the coverage you need.
Last year, small businesses in Massachusetts made $380 billion. If you don't have business insurance, claims have to be paid out of pocket, causing your business's revenue to take a major hit.
40% of small businesses are likely to experience a property or general liability claim in the next 10 years. Here are some things these companies have been using their insurance on:
Massachusetts business insurance will pay for damage, safeguarding your business revenue.
Here’s what a standard business insurance policy should do:
Pay For Damage To Your Building
Pay For Damage To Your Business Property
Pay For Damage To Someone Else’s Property
Pay For Someone Else’s Medical Bills
Pay For Accidents in Company Vehicles
Pay For Employee Injuries & Compensation
Sometimes, your business will need additional coverages to protect against unique risks. The best way to make sure you're properly insured is to work with an experienced independent insurance agent who specializes in your field.
Massachusetts business owners are not required to buy business insurance, but some aspects of coverage are necessary. For example, you will need workers' compensation insurance if you hire employees and you will need commercial car insurance for all company-owned vehicles. Talk to a local agent to get more information about the specific coverages that are required in your city.
It primarily depends on how risky your business is. The riskier your business is, the higher your insurance will be. Here are two examples.
Commercial insurance premiums are based on several factors, including your liability risks, the property crime rates in your area and the amount of coverage you want.
Premiums can also vary based on industry, so consult with an experienced agent to find out what kind of coverage is right for your business.
It’s usually wise to work with an independent agent in Massachusetts since they have access to multiple insurance companies. Sometimes it’s difficult to find an insurance company who will cover your business.
Number of businesses in the US: 27,626,360
Burglary rate per 1,000 residents in the US: 3.76
Auto theft rate per 1,000 vehicles in the US: 2.29
|City||No. businesses||Burglaries / 1,000 people||Auto thefts / 1,000 cars|