Insurance Without Registration
Question Insurance Without Registration This question was answered based upon current rules, regulations & statutes in effect on April 5, 2021 Can a vehicle be on a MA Commercial Policy if the vehicle does not have a MA Registration? Answer Irene Morrill: There is nothing in the policy that says it has to be registered…
Trailer Used by Non-Owner and Physical Damage
Question Trailer Used by Non-Owner and Physical Damage This question was answered based upon current rules, regulations & statutes in effect on March 25, 2021 A son registers a trailer in his name and adds collision and comp coverage. The father has a pickup (different policy) pulls the trailer; I know the liability follows from…
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System We’ve known that FEMA was overhauling the NFIP flood risk rating pricing methodology, which has not been updated in 50 years. And now we know when Risk Rating 2.0 will go live: October 1, 2021 for new business and eligible renewals! Read More From FEMA…
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System We’ve known that FEMA was overhauling the NFIP flood risk rating pricing methodology, which has not been updated in 50 years. And now we know when Risk Rating 2.0 will go live: October 1, 2021 for new business and eligible renewals! Read More From FEMA…
Back Date A Plate Cancellation
Question Back Date A Plate Cancellation This question was answered based upon current rules, regulations & statutes in effect on March 15, 2021 I was hoping you could help me with this transaction. One of our insured asked us to cancel a plate back in 10/2020. Somehow that request was missed and it was…
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System Content Html: New ContentHtml We’ve known that FEMA was overhauling the NFIP flood risk rating pricing methodology, which has not been updated in 50 years. And now we know when Risk Rating 2.0 will go live: October 1, 2021 for new business and eligible renewals!…
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System
FEMA Issues Timeline for All-New NFIP Flood Risk Rating System Content Html: New ContentHtml We’ve known that FEMA was overhauling the NFIP flood risk rating pricing methodology, which has not been updated in 50 years. And now we know when Risk Rating 2.0 will go live: October 1, 2021 for new business and eligible renewals!…
2A & LPR Requirements
Question 2A & LPR Requirements This question was answered based upon current rules, regulations & statutes in effect on March 23, 2021 Good morning, we recently had an agency reject our 2A & LPR to cancel a new client’s former auto & home policies that we have written. Prior agent would not accept the signed…
Recycle Metal Plates
Question Recycle Metal Plates This question was answered based upon current rules, regulations & statutes in effect on March 24, 2021 I hope all is well. At this point when an insured brings in their metal plate for cancellation we cut then in half with tin snips and place them in a locked dumpster. Are…
Registration Cancellation
Question Registration Cancellation This question was answered based upon current rules, regulations & statutes in effect on March 24, 2021 I had a customer swap CON plate to PAN plate for his 2019 Silverado I just went in and cancelled the CON plate but now the registration status shows cancelled in the registry and I’m having…
CARVANA
Question CARVANA This question was answered based upon current rules, regulations & statutes in effect on February 10, 2021 Hope you’re doing well! We’ve seen a few requests from CARVANA lately at our agency. CARVANA will not send the hard title and says that the RMV in Mass will accept an electronic version. Do you…
ACV on Total Loss
Question ACV on Total Loss This question was answered based upon current rules, regulations & statutes in effect on March 16, 2021 Would the below statement be value about AVC on a total loss? Thanks Thank you for your response and I would be glad to address your concerns. Our office was closed yesterday which is…
Boston Districts
Question Boston Districts This question was answered based upon current rules, regulations & statutes in effect on March 17, 2021 Do you know if there is an actual map that draws the lines for property rating territories in Boston (ie Disctrict A,B,C, all other). Carriers publish the street boundaries. Wondering if there is a map…
Homeowners – Tools and Equipment Coverage
Question Homeowners This question was answered based upon current rules, regulations & statutes in effect on March 18, 2021 I have an insured with a United Property and Casualty policy. They called to say the husband has $150K worth of “welding” tools and equipment that he has acquire over his lifetime; in his detached garage. He…
Replacement Cost Estimator
Question Replacement Cost Estimator This question was answered based upon current rules, regulations & statutes in effect on March 18, 2021 I thought I remembered hearing in one of your classes that we should not be releasing replacement cost estimators to lenders or even to the insured’s. Am I correct? If I am what…
WC New Business Incentive Plan EXTENDED through July!
WC New Business Incentive Plan EXTENDED through July! Spring is here, and MAIA’s Number One Agency wants to put more “green” in your pocket by extending our incentive for Workers’ Comp new business! The plan has been such a success that we’ve decided to continue it through July 31st. So keep that business coming. Help…
Commercial Trailer Registration and MA BAP
Question Commercial Trailer Registration & MA BAP This question was answered based upon current rules, regulations & statutes in effect on March 12, 2021 I’m hoping one of you can help me with something I’ve come across. We have a PL client for whom I am quoting the CL trucking business. He currently has…
Named Insured Non-Spouse Situation
Named Insurance Non-Spouse Situation This question was answered based upon current rules, regulations & statutes in effect on March 12, 2021 I’m not sure if you are the right person to email about this so I apologize ahead of time if you are not…. Our agency is looking to get clarification on where the state…
Cancel Plate Registration
Question Cancel Plate After Vehicle Sold This question was answered based upon current rules, regulations & statutes in effect on March 8, 2021 I am trying to turn in plates in my office for a customer. The vehicle has been given to her nephew who has already registered the vehicle. When I go to turn…
Boat Claim – Wind vs. Collision
Question Boat Claim – Wind vs. Collision This question was answered based upon current rules, regulations & statutes in effect on March 5, 2021 We have a claim denial on a boat claim that I think should be covered. The boat is NOT insured on a boat policy. The only coverage (physical damage) coverage that…
Private Sale with Even Trade
Question Private Sale with Even Trade This question was answered based upon current rules, regulations & statutes in effect on March 8, 2021 I have a client who is doing an even trade thru a private sale on a motorcycle. Can this be done? How would he write up a bill of sale? Would we…
Workers’ Comp. Limited Out-of-State Endorsement
Workers’ Comp. Limited Out-of-State Endorsement This question was answered based upon current rules, regulations & statutes in effect on February 9, 2021 I hope you both are well and staying safe. Quick question on Massachusetts Assigned Risk workers compensation. A Mass based business is doing some work in NH. This is a Massachusetts based company and none…
Special Plate Reassignment
Question Specialty Plate Transfer This question was answered based upon current rules, regulations & statutes in effect on March 8, 2021 I’m working with a client who is buying out their lease. They currently have a specialty plate that was transferred from her name into the lease. If possible, she is interested in keeping the…
What Can I Tell You About Our MA PFML Product Line?
What Can I Tell You About Our MA PFML Product Line? Every quote I’ve delivered so far is lower than the state pricing! The application process is easy! The policy automatically renews! No annual census is needed! Required coverage means a consistent flow of commissions for your agency! That’s what Number One’s Ann Tobin says…
Incorrect Information on Police Report – Total Loss
This question was answered based upon current rules, regulations & statutes in effect on August 25, 2020 QUESTION I do not know if you are able to provide any assistance but I am at a total loss. I have an insured whose vehicle was hit while it was parked in front of her home. The…
RMV Further Extends CDLs, CLPs & CDL Medical Certificates
RMV Further Extends CDLs, CLPs & CDL Medical Certificates The MA RMV has extended Commercial Driver’s Licenses (CDLs), Commercial Learner’s Permits (CLPs), and CDL Medical Certificates (DOT Medical Cards) to May 31, 2021. This will be the final extension. The RMV is working on updating customer records in ATLAS; the new expiration dates will display…
Why Are You Still Monkeying Around with Flood?
Why Are You Still Monkeying Around with Flood? Is flood taking up your account managers’ time? Are you always stumbling to quote or endorse flood? Get the monkey off your back! Roll your flood book to MAIA’s Number One Agency! Our experienced Flood Concierge team can sell and service your flood accounts for you,…
Video: Success Stories from Trusted Choice.com Advantage Agencies
“It’s the one bill I get every month that I’m happy to pay, because I know I’m making money off of it!” That’s what one agent said about his TrustedChoice.com Advantage subscription. MAIA’s digital ad campaign is going strong, promoting independent agents to MA insurance buyers, and pointing them to TrustedChoice.com to find a local…
New Year / New Business Commission Incentive for Number One’s WC Program
Great news for you and your Workers’ Comp clients! MAIA’s Number One Insurance Agency is excited to announce higher commission rates for New Business with effective dates for February and March 2021! For the first year, commission increases will be 2% to 7.5% higher than our current rates, based on the carrier. Renewal commission rates…
MAIA Staff Retirement Announcement: Sheron Gagnon
Please join us in congratulating Sheron Gagnon on her upcoming retirement from MAIA! Sheron has been a valuable member of our staff for over 36 years. She has helped a countless number of members throughout her tenure with MAIA. She has also managed the trade fair at our annual Big Event Conference and Trade Fair. …
Senior Hours Extended Through March
Dedicated Wednesday appointment hours for customers 75 years of age or older have been extended through March. These appointments will be available to all customers 75 years of age or older.
Operator Assignment
Question Operator Assignment This question was answered based upon current rules, regulations & statutes in effect on March 17, 2021 Insured has two cars and three drivers. Dad point 2 Mom point 99 Daughter point 3 If I put both cars on one policy. Newer car gets daughters points, older car gets Dad’s point To…
ATLAS Issue with Mismatched Territory Codes Now Resolved
The MA Private Passenger Automobile Statistical Plan incorporated new territory codes for New Jersey (997) and Pennsylvania (998) effective 1/1/2021. When the ATLAS database was updated with the new codes, the system was inadvertently changing incident locations stored as Other (999) to Pennsylvania (998), particularly on Claims and Out-of-State Incidents. The system error has now…
Build a Strong Business & Protect it Well
We know the E&O competition is out there. And we want you to know that when you buy your Agents’ Errors & Omissions (E&O) insurance through MAIA’s Number One Insurance Agency, you’re purchasing a promise that we will do our utmost to protect your assets and serve your needs. We work with leading carriers, building…
Special Bulletin: MAIA’s Fair & Accurate Quotes Bill Becomes Law!
We are happy to announce that key language from “An Act Relative to Fair and Accurate Motor Vehicle Insurance Quotes”, was incorporated into the Economic Development Bill that was signed yesterday by Governor Baker. MAIA proposed the Fair and Accurate Quotes Bill after fielding complaints from members who were losing business to direct writers due…
Temporary Licenses and IDs Extended to 60 Days
Effective January 14th, temporary licenses (all classes) and ID cards printed on secure card stock will be valid for 60 days. They were previously valid for 30 days. Temporary licenses and ID cards issued prior to January 14th will still only be valid for their original 30-day period.
Online Learner’s Permit Exams Available in All ATS Languages
Beginning January 14th, online Class D and Class M Learner’s Permit Exams will be available in ALL of the languages that are available through the Automated Testing Station (ATS). Customers will be able to choose any of the following languages when taking an exam online.
Please Fill Out Cover Sheets Completely When Doing Registry Drops!
The Registry has asked us to remind our members that cover sheets must be filled out completely for individual and commercial transactions brought to Registration Drop Off Centers. They have noticed a trend where agents/runners/dealers are skipping some sections on the cover sheets, and then the clerk does not have what they need to finish…
Learn about Lawyer’s E&O and Add a New Product to Your Agency
MAIA’s Number One Agency has been selling Westport and E&S Lawyer’s Professional Liability Insurance (LPLI) policies since 2005, and we have grown the book over the past two years! Westport (AM Best Rated: A+ Superior) offers a competitive policy in both coverage and rate. Writing E&O for attorneys can sound a bit scary if you…