Is Business Insurance Required by Law in Massachusetts?

Woman reading and signing business insurance documents.As a business owner, you know how much hard work, time, and dedication goes into starting and running a company. Whether it’s a small coffee shop or a large accounting firm, it takes a certain type of grit to deal with the challenges of owning a business. But no matter how successful your company is or how hard you work, every business comes with serious risks that can threaten its viability and your livelihood. Luckily, with the right commercial insurance, you would be covered financially against some of these incidents. And while it’s nice to have that peace of mind, is business insurance required here in Massachusetts? Let’s unpack that question. [Read more…]

Do Freelance Workers Need Insurance?

A side view of a female graphic designer working freelance on a computerWith the job market becoming volatile in the wake of COVID-19, many people are trying freelance work on for size. The world of freelancing comes with many benefits, such as determining when and who you work with and allowing you greater flexibility and more control over your work-life balance. However, as an independent contractor, you’re susceptible to the risks of a traditional business without the workforce or resources to back you up. To negate these risks, freelance workers need insurance. [Read more…]

Commercial Vehicle Insurance: Is It Necessary?

For many companies, traveling is a big part of running their day to day operations. If traveling is common for your business whether that’s flying across the country or driving to client locations, then you probably have commercial vehicles that need to be insured. As a business owner, you want to protect your company and your employees, which can be done by looking into commercial auto insurance and finding out how it can benefit you and your company.

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Top 5 Car Insurance Myths

There are a lot of rumors and myths out there about automobile insurance. Don’t believe everything you hear. The reality is that many of these are simply false and can give you the wrong impression about how your insurance works. Here are five of the most common myths you’ll hear floating around and where their misconceptions lie. [Read more…]

When Do You Need Commercial Car Insurance?

Commercial Car Insurance, TJ Woods Insurance, Worcester, MAA women who worked for a California laundry service found out in a recent fender-bender that while out making a delivery that her personal vehicle’s insurance didn’t cover the accident. Since she was working at the time, and transporting customer goods during the time of the accident, her insurance company decided that the accident fell under the purview of “work-related” and would not cover her accident, or even a tow truck. Her employer, while it had asked for her insurance information when she started working for them, did not mention the need to upgrade to commercial coverage for her auto insurance. [Read more…]

Insuring Commercial Vehicles

Insuring Commercial Vehicles, TJ Woods Insurance Agency, Worcester, MAYour business is your livelihood, and if part of your business is a vehicle, that’s part of your livelihood too. While you’re insuring your business using commercial insurance, are you doing the same for your vehicle? If you are not, not only are you failing to protect a company asset, you’re also underinsuring your vehicle with your personal insurance. Find out if you’re vehicle needs commercial insurance, and what kinds of commercial insurance you should get for it. [Read more…]