Workers’ Compensation Insurance in Medford MA
Gilbert is a leading provider of Workers’ Compensation Insurance in Medford MA
All organizations throughout Greater Boston and the North Shore are required by the state of Massachusetts to carry Workers’ Compensation Insurance. This may not be a surprise to business owners like you, but what may be new information is that you and your team of employees have more power than you may think in influencing the premium that you pay.
At Gilbert, our team of experts has spent the last 65 years helping organizations of all types and sizes understand the rules and regulations that govern Workers’ Compensation, reduce risk in the workplace, and access cost-effective business insurance solutions. As your local independent agent, we will partner with you to ensure that you’re not neglecting this critical coverage for your company and we also serve as your one-stop shop for all of your other business insurance needs.
We Proudly Specialize in the Following:
- Workers’ Compensation Insurance in Medford MA
- Workers’ Comp Coverage in Medford MA
- Commercial Coverage
- Business Insurance
- Liability Coverage
- Professional Liability Insurance
- Group Health, Dental & Vision
- Group Disability and Life
- Contractors Insurance
- Builder’s Risk Coverage
- And much more!
Workers’ Compensation Insurance in Medford MA
With very limited exceptions, all Medford MA organizations are required by state law to have workers’ compensation insurance. Despite this, new business owners and well-established ones, alike, may find the workers’ compensation process aggravating because no one has ever fully explained the reasoning behind this required coverage and how it works to protect you and your staff. This is why we always get started with new clients by sharing our knowledge and reviewing your current coverage. Our initial goal is to clear up any questions you may have about workers’ compensation insurance in Medford MA, including whether or not your business may be exempt from the law, and to determine if you are at risk for any penalties or fines. Helping business owners like you reduce possible risk in the workplace and access cost-effective business solutions is a priority for our team at Gilbert Insurance.
Read more about workers’ compensation insurance in Medford MA and the additional business insurance offerings from our team. To find out what Gilbert can do for you please don’t hesitate to contact us for a complimentary consultation and quote.
What You Should Know About Workers’ Comp Coverage
When we initially connect with our new business insurance clients about workers’ comp coverage in Medford MA, we often begin the conversation by dispelling common myths; the largest of which seems to be that some businesses don’t require this type of insurance. Regardless of how many hours your employees work or if your employees are all family members, you are still expected to have workers’ comp coverage in place. It is true that you may in fact be one of the very few businesses that could be the exception to the rule, but it’s important to consult with a member of the Gilbert team who will carefully assess your business scenario to ensure that you are not putting yourself at risk by ignoring coverage you are required to have.
Workers’ compensation insurance in Medford MA serves as much more than simply protection for your staff; it can also help your business stay out of financial trouble by covering the costs related to a personal injury or illness related to employment. In addition, you should know that workers’ compensation premiums are not one-size-fits-all. In reality, they are largely based on a company’s accident history and how it compares to other businesses in their industry. By taking the necessary precautions to minimize workplace accidents, you and your employees may be able to significantly impact your insurance costs. While a safe work environment starts at the very top with you, the decision maker or business owner, each of your workers can play a role by understanding the best practices in your industry. From scheduling routine inspections of commercial vehicles to always using the correct personal protective equipment to maintaining a clean and orderly environment, implementing safety standards in the workplace can lead to not only a low accident experience but as much as a 25% reduction in your cost of insurance.
Find out more about workers’ comp coverage in Medford MA and inquire with us today to request a free consultation from our team of experienced insurance specialists.
Why We’re the Trusted Choice for Local Businesses
Since 1951, the Gilbert Insurance Agency has been committed to offering knowledgeable, professional advice and friendly customer service to business clients in Medford MA and the Greater Boston area. Over the long-term, our experience has led Gilbert to partner with only the top carriers that can provide our clients with a wide variety of high quality and cost-effective business insurance solutions. Workers’ comp coverage in Medford MA is no exception. Several of our carriers offer discounts off the standard workers’ comp coverage rates for particular types of companies, and larger companies may also be eligible for a workers’ compensation dividend program, which compensates qualifying employers in the form of dividend payments based on how well their policy performed in regards to claims. Contact our team at Gilbert today with all of your workers’ compensation insurance questions. We will gladly provide you with a complimentary review of your current policy as well as share everything you need to know about this important coverage.