March Newsletter
- jboynton96
- 3 days ago
- 3 min read
This month, we had the opportunity to participate in AREAA Boston’s Commercial Event: "Franchising: A Pathway to Entrepreneurship", where industry experts shared invaluable knowledge on navigating the world of franchising. Engaging with professionals at events like this reinforces our commitment to supporting businesses with the right insurance solutions for every stage of their growth.
We also had the privilege of hearing insights from Art Catapang, an expert in risk management, who emphasized how having the right insurance strategy is essential for long-term business success. In his discussion, he highlighted key factors such as understanding liability risks, ensuring business continuity, and securing comprehensive coverage that adapts to industry-specific challenges. His expertise serves as a reminder that insurance is not just about protection—it’s about creating stability and growth for businesses.
At Coastline Risk, we continue to focus on helping businesses in construction and real estate navigate the complexities of risk management. Whether you're expanding operations or looking to strengthen your coverage, our team is here to provide tailored solutions that fit your needs.
Stay tuned for more insights, industry news, and insurance solutions designed to keep your business protected!
Warm regards,
Jim Boynton,
CICPresident
Why Coastline Risk?
Running a business comes with challenges, but having the right coverage shouldn’t be one of them. In this video, Art Catapang shares how Coastline Risk is more than just an insurance provider—we’re a partner in growth. From helping business owners secure the right coverage to ensuring they’re protected at every stage, our mission is to support businesses as they scale. Watch the video to learn how we can help you build with confidence!
Massachusetts Construction Classification Premium Adjustment Program (CCPAP) 🏗️
How Does the CCPAP Work?
If your business has an average hourly wage of $30.00 or more per employee, you may be eligible for premium credits ranging from 5% to 25%. The credit is calculated based on specific construction classifications, such as plumbing, electrical, HVAC, carpentry, and many others. This means that your business could save thousands of dollars on annual premiums, easing your financial burden while ensuring your workforce is protected
How Coastline Risk Can Help
At Coastline Risk, we are committed to supporting our clients in maximizing their insurance benefits. As your insurance broker, we can guide you through the eligibility requirements for the CCPAP and help you navigate the application process. Our expertise in the construction insurance sector enables us to identify opportunities for premium adjustments that you may not be aware of, ultimately enhancing your bottom line.
By partnering with us, you gain access to tailored insurance solutions that fit your specific needs while ensuring you take full advantage of programs like the CCPAP. We encourage you to reach out for a consultation, where we can discuss how this program can benefit your business and explore other ways to optimize your insurance coverage.
Don’t Miss Out!
If you haven't explored the CCPAP yet, you could be missing out on substantial savings. Contact us today to learn more about how we can assist you in making the most of this program and improving your overall insurance strategy.
How Can We Help?
Our priority is to ensure that Coastline Risk clients feel valued, supported, and secure at every step of their business journey.
As we continuously seek to build new relationships, do you know other professionals in real estate or construction who could benefit from our specialized risk management and insurance services?
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