Massachusetts Automobile Excise Tax

MA Automobile Excise Tax

 

 

 

 

In an attempt to de-mystify the annual, pesky excise tax we offer the following excise tax information:

Excise bills are prepared by the RMV according to information on the registration. They are sent to city/town assessors who commit them to local tax collectors for distribution.

The excise tax rate is $25 per $1,000 of valuation (NADA) subject to the following percentage formula:

In the model year: 90%; second year: 60%; third year: 40%; fourth year: 25%; fifth year & beyond: 10%.

If you have turned in your plates on the vehicle you are getting excise taxed on, or if you have transferred plates and got rid of the vehicle, you may be eligible for abatement . Abatement instructions are located on your excise tax bill.

Massachusetts Auto Insurance

Massachusetts Auto Insurance
Massachusetts Auto Insurance. Welcome to Massachusetts!

A few “fun facts” about Massachusetts:

  • Nickname:  The Bay State
  • State Bird: Black-Capped Chickadee
  • State Tree: American Elm

A couple “not so” fun facts:

  • Massachusetts has the highest accident rate in the nation.
  • Massachusetts has the 4th highest auto insurance rates in the nation.
Massachusetts Auto Insurance

It’s a new day & age in Massachusetts auto insurance.  After 30 years of state set insurance rates we finally have … competition!

It’s important to have an independent agent shopping rates and coverage with numerous companies in order to find the best rates.

By design,  insurance companies have complicated, multi-tiered rating systems. In order to get the best rates, your professional, licensed broker knows which factors to apply for each company.

The dreaded: Registry of Motor Vehicles

Auto insurance and Registration (& Title) go “hand in hand” in Massachusetts. You cannot have one without the other. Massachusetts does not have insurance cards as proof of insurance. Instead you have your vehicle’s Registration. Your Registration is your proof of insurance.

Massachusetts is a “Title state”, meaning that, in order to get your vehicle registered you must also get the vehicle titled in Massachusetts.

In order to get your new, Massachusetts Plates you will need to get paperwork from your insurance agent or company.

We  will have you sign an auto insurance application, and provide you with an insurance stamped, RTA Form.

Our Registry of Motor Vehicles service is complimentary (free) for our clients.

If you are new to the state with out of state registration, the Registry will look for your original title and a total of $86 ($50 for your new MA title & $36 for your new, MA plates/registration).

If a bank/lienholder has the title to your vehicle then, perhaps, a memorandum title can be issued. If so, the Registry will require a copy of your existing Registration and, if owned less than 6 months, proof of sales tax paid.

We recommend that you get a Massachusetts auto insurance quote through our website. Once you like the premium and coverage options that we show you, we will assist you with all aspects of Massachusetts insurance!

Happy Holiday & New Year

Happy Holiday

 

 

 

From our family to your family, we wish you a happy and healthy Holiday and New Year!

Please note, our office will be closed at 3:00 pm on Friday, December 30th and closed on Monday, January 2nd. Normal business hours will resume on Tuesday, January 2, 2023!

As always, you can report a claim during off-hours.

Have your policy number ready and dial:

Vermont Mutual:  800-435-0397

Safety Insurance:  866-906-5016

Progressive:  800-776-4737

Travelers/ Standard Fire:  877-425-2466

MPIUA:  800-392-6108

Commerce/MAPFRE:  800-922-8276

Amica:  800-242-6422

Plymouth Rock/Pilgrim Insurance: 617-951-1620

Hagerty Insurance:  800-385-0274

Swyfft Insurance:  855-479-9338

Openly:  857-990-9080

 

Cyber Insurance Coverage

 

Cyber Insurance Coverage

 

 

 

 

 

Cyber Insurance Coverage. With an estimated cyber-attack occurring every 19 seconds, your business requires a robust cyber insurance policy to keep you safe and able to recover from cyber incidents.

Our Agency writes with several companies that offer cyber liability coverage, including Cowbell Cyber.

Cyber Liability Coverage

  • Security Breach Expense
  • Security Breach Liability
  • Restoration of Electronic Data
  • Extortion Threats
  • Public Relations Expense
  • Computer and Funds Transfer
  • Business Income & Extra Expense
  • Social Engineering
  • Ransom Payments
  • Hardware Replacement Costs
  • Telecommunications Fraud
  • Post Brach Remediation Coverage

Stand-alone cyber insurance coverage is not as expensive as you may think. Give us a call to talk about what we can offer to help protect your business from cyber threats.

24 Hour/ 7 days per week Claim Reporting

Did you know?

You can report a claim 24 hours/ 7 days per week.

Have your policy number ready and dial:

Vermont Mutual:  800-435-0397

Safety Insurance:  866-906-5016

Progressive:  800-776-4737

Travelers/ Standard Fire:  877-425-2466

MPIUA:  800-392-6108

Commerce/MAPFRE:  800-922-8276

Amica:  800-242-6422

Plymouth Rock/Pilgrim Insurance: 617-951-1620

Hagerty Insurance:  800-385-0274

Swyfft Insurance:  855-479-9338

Openly:  857-990-9080

Home Insurance Vermin Exclusion

Defend Your Home From Fall Water Damage

 

 

 

 

 

Tips and Hot Spots to Keep Your Home Dry This Fall

  1. Refrigerator Water Supply Line
    Look for kinks, cracks, and other signs of wear and tear in the water supply line. If you move your refrigerator to inspect the supply line, be careful not to damage or kink the line when you put it back into place.
  2. Water Heater
    Corrosion on the external pipe on the tank could be a sign of internal problems. Look for crystal-like deposits that may be white, blue, or green. And remember, water heaters don’t last forever. Check the manufacturer’s warranty for guidance about the lifespan of your water heater.
  3. Main Water Shut-off Valve
    In the event of a sudden water leak, the main shut-off valve can stop the flow of water to your home and help mitigate resulting damage. Take a minute to locate your main water valve before there’s an issue, and flag it with tape or a tag to help people spot it.
  4. Sink Fittings and Connections
    If you notice a drip or signs of a leak or other potential plumbing problems, immediately call a professional. To be alerted early to signs of a leak, install a smart water sensor under your sink.
  5. Caulking Around Your Tub/Shower
    Caulking used to seal the perimeter of a tub or shower can fail over time. Look for cracks, missing caulking or other signs of wear and tear. Regularly check sealants to ensure they are properly sealing against unwanted water intrusion.
  6. Inside Your Toilet Tank
    Look for corrosion, degradation or discoloration. Some cleaning products that can be added to the tank can prematurely degrade the components. Regularly check the components in your toilet tank. If they show signs of wear and tear, replace them.
  7. Washing Machine Supply Lines
    Supply lines are made of rubber or braided stainless steel. A cracked line could not just lead to damage to the room where the leak occurred, but also to the floor below. Turn off water supply, whether your washer is on an upper floor or in the basement, when you’re not running the machine.
  8. Sump Pump
    To test your sump pump to see if it’s functioning properly, pour water into the sump (pit) to make sure the pump kicks on. The float inside the sump will begin to rise with the water and activate the pump, an indication that it’s working.
  9. Central Air Conditioning Unit Drain Pan
    Extreme temperatures in an attic can cause plastic drain pans to crack and leak. An overflow sensor switch in the pan will shut off the air conditioning system if the pan is full. A leaking pan or malfunctioning sensor can lead to a bigger issue. Check the drain pan and test the overflow sensor switch regularly.

Consider installing smart technology water sensors in your home to quickly alert you of potential leaks and prevent large scale water damage to your home.

Pet Insurance

Pet Insurance

 

 

 

 

 

 

Over the years we’ve had numerous pet insurance inquiries.

We’ve partnered with Prudent Pet and can offer direct pet insurance coverage.

What Does Pet Insurance Pay For?

Pet insurance pays you back for unexpected vet bills related to accidents, injuries, and illnesses. With the best insurance companies, you get reimbursed for 80%, 90%, or even 100% of the vet bill (after your deductible is met).

Like most insurance options, you’ll pay a monthly premium to keep your coverage active. Once your deductible is met, you can expect your insurance provider to pay for your pet’s eligible expenses, based on your reimbursement rate, up to your policy’s limit.

What Most Plans Cover:

  • Accidental injuries (foreign object ingestion, broken bones, bite wounds, and more)
  • Unexpected illnesses (skin allergies, gastrointestinal issues, glaucoma, and more)
  • Chronic disease (diabetes, arthritis, heart conditions, and more.)
  • Dental illnesses (periodontal disease, gingivitis, tooth resorption, and more)
  • Hereditary conditions (i.e. hip dysplasia, hyperthyroidism, von Willebrand disease, and more)
  • Surgery (bloat, cruciate ligament conditions, cataracts, and more)
  • Cancer diagnosis and treatment
  • Prescription medications
  • Diagnostic testing (i.e. fecal exams, allergy tests, x-rays, bloodwork, MRIs, and more)
  • Emergency exam fees

Many providers offer additional coverage benefits that can make caring for your furry friend more affordable. Depending on what features you want from a pet insurance plan, you could also get reimbursed for the cost of:

  • Alternative treatments like physical therapy, acupuncture, and chiropractic care
  • Behavioral modification therapy
  • Vacation cancelation fees
  • Lost pet advertising and reward
  • Breeding and pregnancy expenses
  • End-of-life care, euthanasia, and cremation or burial

What Pet Insurance Doesn’t Cover:

No pet insurance will cover pre-existing conditions. However, some providers will cover curable conditions after a certain waiting period with no recurring symptoms. Also, pets with a pre-existing condition are still eligible for insurance, their coverage would only exclude the specific condition that already exists.

Other pet insurance coverage exclusions may include:

  • Pet supplies (food, toys, treats)
  • Cosmetic procedures
  • Elective surgeries
  • Routine care/Wellness exams*
  • Preventive care*
  • Spay/Neuter*
  • Vaccinations*
  • Boarding or daycare
  • Pet property damage
  • Personal liability claims
  • Specific exclusions

*If you’re interested in plans that reimburse for routine and preventive care (checkups, vaccinations, spay/neuter, dental cleaning), consider a Wellness Plan add-on.

Click: HERE to get your free, no obligation pet insurance quote.

Three Second Rule Driving Tip

Three Second Rule driving tip

 

 

 

 

 

 

The American Driver and Traffic Safety Education Association suggests using the three second rule driving tip to help prevent rear-end accidents.

The “three-second rule” accounts for your reaction time to the movements of the vehicle ahead and your vehicle’s stopping distance.

You should add more time if the road is slippery, if you’re being crowded by a tailgater, if you’re towing a trailer or if you’re driving a large truck.

The three second rule driving tip:

When the vehicle ahead of you passes a stationary object, start counting:  1,001 … 1,002 …

The first second is your reaction time; the next two seconds account for your braking distance

You should not reach the object before you count to … 1,003. If you do, you are following too closely.

At a vehicle speed of 55 mph, the three-second rule creates a gap of 243 feet between cars.

Call Johnson & Rohan Insurance for your Massachusetts Insurance needs.