The top-rated workers' compensation insurance agent in Peabody, Massachusetts is Asset Insurance Agency, rated 4.9 stars across 535 reviews. Other highly rated options include Duffy Insurance, Davila and DeFusco Insurance Agency, NewFed Insurance. This directory lists 19 workers' compensation insurance agents serving Peabody.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Asset Insurance Agency | 2 Bourbon St Suite 201 | (781) 210-2227 |
| 2 | Duffy Insurance | 49 Margin St | (978) 854-0014 |
| 3 | Davila and DeFusco Insurance Agency | 160 Main St Ste 104 | (978) 909-1929 |
| 4 | NewFed Insurance | 45 Central St | (781) 241-1224 |
| 5 | Consoles Insurance Agency | 200 Lake St #201b | (978) 223-4037 |
| 6 | Zannino Insurance Agency, Inc. | 16 Foster St First Floor | (978) 531-5757 |
| 7 | Wood & Associates Insurance Agency, Inc. | 141 Summit St | (781) 581-5900 |
| 8 | North Shore Travel & Insurance Inc | 111 Foster St # 1 | (978) 531-2755 |
| 9 | B & S Gillis Insurance Inc | 7 Washington St | (978) 532-3355 |
| 10 | P J Woods Insurance Inc | 40 Main St | (978) 531-2777 |
Asset Insurance Agency serves the Peabody, Massachusetts, area and the surrounding Essex County region as a workers’ compensation insurance agent. It helps local businesses secure policies that meet state requirements and cover medical expenses and lost wages for employees injured on the job. The agency also guides clients through the classification of employee roles to ensure accurate premium calculations. Specific services handled include new policy placement and guidance on experience modification adjustments.
Duffy Insurance provides workers’ compensation insurance coverage, risk management guidance, and claims support for businesses in Peabody, MA. It offers service plans that include policy review, premium audit assistance, and safety program development tailored to specific industry hazards. The agency also helps clients understand state regulations and manage experience modification factors. Its office works with a variety of local properties, including single-family homes, apartments, retail locations, and restaurants, all requiring dependable coverage for their employees.
Davila and DeFusco Insurance Agency provides workers’ compensation coverage for local businesses, helping them manage workplace injury risks and comply with state regulations. It offers policy reviews and claims management support as part of its ongoing service plan, designed to help clients maintain proper coverage through changes in workforce size or operations. The agency services a variety of commercial accounts, including single-family home contractors, apartment complexes, retail establishments, and independently owned restaurants.
NewFed Insurance serves business owners throughout the Peabody area who need workers’ compensation coverage for their employees. The agency works with local employers to secure policies that provide medical and wage replacement benefits for work-related injuries or illnesses. It assists with policy selection, compliance filings, and managing premium costs for various industries. As a workers’ compensation insurance agent, it also helps navigate claims processes and the state’s insurance requirements. NewFed Insurance additionally covers neighboring communities in Essex County, including Salem and the greater North Shore region.
Consoles Insurance Agency specializes in securing workers’ compensation coverage for local businesses, addressing the unique risks of employers in Peabody’s industrial and service sectors. It assists clients in navigating policy classifications and premium audits to maintain compliance with Massachusetts regulations. The agency also helps businesses review payroll accuracy and injury reporting procedures. During seasonal periods of increased hiring or temporary staffing, it provides guidance on adjusting coverage to ensure protection for newly added employees without gaps in liability.
Zannino Insurance Agency, Inc., located in Peabody, Massachusetts, provides workers’ compensation insurance agent services. The firm specializes in securing coverage that meets state requirements for businesses of various sizes. Within this field, the agency focuses on tailoring policies to address the specific risks and payroll structures of its clients. Industrial and commercial operations it can serve include offices, warehouses, and food service establishments.
Wood & Associates Insurance Agency, Inc. serves Peabody, Massachusetts, and the surrounding North Shore communities. The agency handles the placement of workers’ compensation insurance for local businesses, covering employer liabilities and compliance with state regulations. A typical job involves assessing a client’s payroll, industry classification, and claim history to match coverage with operational needs. The firm uses a consultative process to review risks, recommend appropriate policy limits, and secure competitive premiums from authorized carriers.
For businesses needing ongoing support versus a single filing, North Shore Travel & Insurance Inc structures its workers’ compensation services differently in Peabody, MA. Coverage policies help local employers meet state requirements while protecting against workplace injury claims. Consultation often clarifies how premium calculations factor into payroll and industry risks. Proper documentation assists clients during audits and claims resolution. This agency provides its workers’ compensation insurance agent services on either a one-time or as-needed basis, depending on the client’s preference for recurring policy review or a single issuance.
B & S Gillis Insurance Inc provides residential workers' compensation insurance services for homeowners and local contractors in the Peabody area. The agency also offers commercial coverage for small businesses operating in surrounding communities throughout Essex County. A workers compensation agent helps employers meet state requirements and protect their employees from job-related injuries. After each policy period ends, the agent follows up to review coverage needs and arrange repeat service between regular visits.
What Does a a Workers' Compensation Insurance Agent in Peabody Cost?
Typical workers compensation insurance costs in Massachusetts range from 0.50 to 2.00 dollars per 100 dollars of payroll for low-risk office jobs, and up to 10.00 dollars or more for high-risk industries like construction. Actual premiums depend on your business classification and loss experience. This is general information and not insurance advice.
About workers' compensation insurance agents in Peabody
Workers compensation insurance agents in Peabody Massachusetts help businesses obtain the required coverage under state law. Massachusetts General Law Chapter 152 mandates that most employers carry workers comp insurance. Agents in Peabody can guide you through the process of securing a policy that meets state requirements and protects your employees.
Frequently Asked Questions
What are the requirements for workers compensation insurance in Massachusetts?
Massachusetts law requires all employers with one or more employees to carry workers compensation insurance. This includes part-time and seasonal workers. Failure to have coverage can result in fines and stop work orders.
How do I find a workers compensation insurance agent in Peabody?
You can search online for licensed agents in Peabody or contact the Massachusetts Division of Insurance for a list of authorized providers. Many local agencies offer free consultations to review your business needs.
What factors affect the cost of workers compensation insurance in Massachusetts?
Costs depend on your industry classification, payroll size, and claims history. Massachusetts uses a competitive rating system, so rates vary by insurer. An agent can help you compare quotes from multiple carriers.