Time Frame to Add Drivers
Time Frame to Add Drivers QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 27, 2018 Is there a time frame for adding a newly licensed operator to a MA Ins policy? It used to be like 30 days or something like that… Thank you for your…
Diminished Value
Diminished Value QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 27, 2018 Not sure if you are my go to or not. Have a client arguing that he wants to be compensated for diminished value to his vehicle due to an accident. Can you tell me…
BAP and Trailer
BAP and Trailer QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 28, 2018 One of our insureds just formed a new corporation, they bought a trailer in that corporate name. There are not and will not be any power units registered under this corporate name anytime…
Commercial Vehicle Markings
Commercial Vehicle Markings QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 28, 2018 We’re in the process of taking on a new account for an oil recovery business, he just called me and told me there’s a filing for MA that needs to be done by…
Reminder: Proof of Residency Documents
Reminder: Proof of Residency Documents A reminder that the address printed on a document presented for proof of residency must always match the customer’s current address which will be printed on the issued credential.
REAL ID Update: Documents Not Acceptable for REAL ID
REAL ID Update: Documents Not Acceptable for REAL ID The Department of Homeland Security has advised that the Re-Entry Permit (I-327) and Refugee Travel Document (I-571) are NOT acceptable for the issuance of a REAL ID:
Changes to Surplus Lines Tax Collection
Changes to Surplus Lines Tax Collection Recent Bill Changes Collection of Surplus Lines Tax in MA
Commercial Auto “What if”
Commercial Auto “What if” QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 30, 2018 Can you please assist with the following questions? I have a customer who asks a lot of what ifs. Is there coverage under the commercial auto policy that would cover if an…
FBInsure Renews Five Star Agency Designation!
FBInsure Renews Five Star Agency Designation! The Massachusetts Association of Insurance Agents (MAIA), is proud to announce that FBinsure of Attleboro, Dartmouth, Dighton, Fall River, Freetown, Middleboro, New Bedford, Rehoboth, and Taunton, MA has renewed their Five Star Agency Designation. They have been a Five Star Agency since 2006 and continue to demonstrate excellence in…
Personal or Commercial – Delivery
Personal or Commercial – Delivery QUESTION This question was answered based upon current rules, regulations & statutes in effect on August 30, 2018 I have a customer w/ a van registered to her personally. She uses it to deliver carpet. Personal auto underwriters don’t want it and according to AIB Rule 51C it doesn’t…
Car Fire Coverage Question
Car Fire Coverage Question QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 11, 2018 We are having a discussion in our office about the following situation. If an insured has a friend’s car in their garage and it catches on fire and damages the car and…
US DOT Number
US DOT Number QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 13, 2018 Question for you. With the new DOT rules we were told today that if an individual purchases a pickup truck, in this particular case a Dodge Ram 2500, and the vehicle weighs over…
Tech Talk: Bailment and Physical Damage Coverage Under the Auto Policy
Tech Talk: Bailment and Physical Damage Coverage Under the Auto Policy By Irene Morrill, CPCU, CIC, ARM, CRM, LIA, CRIS, CPIW – VP of Technical Affairs, MAIA
Out-of-State Vehicle Purchase
Out-of-State Vehicle Purchase QUESTION This question was answered based upon current rules, regulations & statutes in effect on September 17, 2018 I have a Massachusetts insured who is looking to transfer plates to a used vehicle he is purchasing from a private party in New Hampshire. There is no title. Would the insured be…