General Liability Insurance
Commercial Auto Coverage
Contractor, Builder or Artisan Insurance
Business Interruption Insurance
Professional Liability Insurance
Business Liability Insurance
Business Property Coverage
Commercial Fleet Coverage
Boiler & Machinery
Cyber Security Insurance
I hired a part-time employee. Do I need to cover them under a worker’s compensation policy?
Yes, any part-time or full-time employee needs to be covered under a worker’s compensation policy in both Massachusetts and New Hampshire.
Do I have to list all my employees as drivers on my business auto policy?
Yes, all employees who drive any of your business vehicles must be listed as operators.
I hired a general contractor who asked to be listed on the Certificate of Insurance as an Additional Insured. What does that mean?
You are now sharing your general liability limit with the general contractor and providing defense coverage for them in case a lawsuit is filed against you and your company.
Why are my General Liability and Worker’s Compensation policies audited?
General Liability and Worker’s Compensation policies are rated based on estimated payroll for you and your employees. Newly hired employees and uninsured subcontractors are automatically covered under these policies. Your company needs to audit the collected premium for these additional exposures and any change in payroll during the policy term.
I run a small business out of my house. Do I need a business policy or will my homeowners’ policy cover me?
Most homeowners’ policies give you very limited coverage for a business. If you are eligible, a business owners’ policy will provide liability and business personal property coverage for your business. Most policies start with a $500 annual premium. Call us to see if you qualify for this important policy.
Does my business need Data Breach coverage?
Yes, if your business is involved in collecting personal data of any kind, you will need to invest in Data Breach coverage. The team at Gould is here to help you evaluate your company’s need for a Data Breach policy.