The top-rated workers' compensation insurance agent in Amherst, Massachusetts is Encharter Insurance, rated 4.8 stars across 241 reviews. Other highly rated options include Bresnahan Insurance Agency Inc, Five College Home Insurance Solutions, Facilities Insurance Co. This directory lists 10 workers' compensation insurance agents serving Amherst.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Encharter Insurance | 25 N University Dr | (855) 899-0305 |
| 2 | Bresnahan Insurance Agency Inc | 231 Triangle St | (413) 549-1100 |
| 3 | Five College Home Insurance Solutions | 101 University Dr | (413) 402-6658 |
| 4 | Facilities Insurance Co | 201 Natural Resources Rd | (413) 992-5652 |
| 5 | Amherst Insurance | 20 Gatehouse Rd | (413) 253-5555 |
| 6 | Amherst Life Insurance Inc. | 183 University Dr | (413) 307-0921 |
| 7 | Birmingham Brian D | 479 West St Suite 105 | (413) 256-1979 |
| 8 | Mass Mutual | Triangle St | — |
| 9 | Business Benefits, Inc. | 25 Pray St | (413) 658-0251 |
| 10 | Five College Home Insurance Solutions | 64 Spring St #12 | (413) 402-6658 |
What Does a a Workers' Compensation Insurance Agent in Amherst Cost?
Workers compensation insurance costs in Massachusetts vary by industry and payroll. Typical rates range from 0.50 to 5.00 dollars per 100 dollars of payroll. For a small Amherst retail shop the annual premium might be 1,500 to 3,000 dollars. A construction business may pay 8,000 to 15,000 dollars or more. These are general estimates and your actual cost depends on your specific risk factors. This information is general and not insurance advice.
About workers' compensation insurance agents in Amherst
Workers compensation insurance agents in Amherst Massachusetts help local businesses obtain coverage required under state law. Massachusetts General Law Chapter 152 requires nearly all employers with one or more employees to carry workers comp insurance. An agent can guide you through the process of securing a policy that meets state mandates and protects your workers.
Frequently Asked Questions
What are the Massachusetts requirements for workers compensation insurance?
Massachusetts law requires all employers with one or more employees to carry workers compensation insurance. This includes part time and seasonal workers. Failure to comply can result in fines of up to 250 dollars per day.
How does an Amherst workers comp agent help a small business?
An agent reviews your business operations and payroll to find a policy that fits your needs. They explain classification codes and premium calculations. They also assist with filing claims and managing audits.
Can I buy workers comp insurance directly or do I need an agent?
You can buy directly from some insurers but an agent can compare multiple carriers to find competitive rates. Agents also provide ongoing support for policy changes and compliance questions. This can save time and reduce errors.