Peabody Insurance Blog


Vote for the new handshake!

Jul 22, 2020

Not giving the customary handshake hello to our clients, colleagues, and carriers is tough! Our office wants to follow CDC best practices, so the team has come up with a number of ideas for handshake alternatives. We want your help picking out what one should become customary! There are the crowd favorites such as "The Peace Sign" and "Thumbs Up", as well as pop culture options like the "Live Long and Prosper" or the "Katniss Everdeen". Check out the handshake alternatives below, then vote for your favorite! Cast Your Vote Here!&nb... Read more...

The Basics of Life Insurance

Jul 09, 2020

If you are married, it’s important for both spouses to have a life insurance policy. If both people bring in an income, a death can be a difficult financial loss. Also, if a stay-at-home parent should pass away, expenses such as childcare and other domestic items can create financial hardship, too.  There are two basic types of life insurance: term life insurance and permanent life insurance. The type of life insurance policy that best suits you will depend on your unique needs.   Option #1: Term Life Insurance Just as its name implies, term life insurance cove... Read more...

The Key to Managing Workers’ Compensation Premiums.. the Six Point Plan.

Jun 15, 2020

In an effort to control insurance premiums more and more business are shopping for the "best rate". Money does talk but finding the solution to increasing premiums will speak louder long term. The solution to controlling insurance costs is simply to control the amount of claims. At Peabody Insurance Agency, we focus on helping you understand your exposure to loss and how to effectively plan and manage loss control efforts. We are dedicated to assist you in developing long-term solutions to control the exposures affecting you and your employees. Management Commitment & Em... Read more...

Take Precautions to Prevent Heat Illness on the Jobsite

May 28, 2020

Working outside, you know that the weather can have an impact on your day. Hot weather, especially when combined with strenuous physical labor, can cause your body temperature to rise to unsafe levels. Normally, your body cools itself through sweating, but in hot and humid weather, sweating is not enough and the result can be a dangerous heat illness. Staying Cool Follow the suggestions below to stay cool when working in hot weather: Wear loose, light-colored clothing when possible, along with a hard hat. Take short breaks to rest in the shade. If wearing outer protective ge... Read more...

Guide to Creating a Return to Work Action Plan

May 26, 2020

The coronavirus (COVID-19) pandemic has interrupted many businesses across the country. While it’s unclear how long COVID-19 will continue to affect organizations, many employers are looking to the future of employees returning to work. Echoing the sentiments of public health officials, a return to normalcy won’t be like flipping a switch, but rather a gradual effort. In preparation for reopening your business and asking employees to come back to work, it’s imperative that your company thoughtfully constructs a return to work action plan for its employees to keep everyone ... Read more...

Spring Home Maintenance Tips

Apr 09, 2020

Spring Home Maintenance Tips It’s a welcome time of year following a long winter, but springtime brings a new set of responsibilities that you should be aware of in order to keep your home in good shape. Consider these home maintenance tips as you gear up for spring: Check your gutters—Inspect gutters or downspouts to ensure the spring rains will be properly drained away from your home to avoid flooding or water damage. Inspect the roof—Check your roof for any signs of warping, cracking or loose shingles or tiles. Inspect any flashing around chimneys, skylight... Read more...

Small Business Guidance & Loans

Apr 08, 2020

The U.S. Small Business Administration (“SBA”) is working directly with state governors to provide targeted, low-interest loans to small businesses and nonprofits that have been severely impacted by the coronavirus disease (COVID-19). This document will serve as an overview of SBA resources that provide small businesses with working capital loans that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The SBA’s goal is to be available to assist small businesses with accessing federal resources and ... Read more...

Manage Cost of Risk, Control Price

Apr 07, 2020

Every facet of your organization impacts your cost of risk. Regardless of the type of business you run, many find it difficult to quantify their true cost of risk because it includes both pure and speculative risk. The impact negative publicity would have on your revenue is much harder to calculate than insurance premiums or lost productivity due to equipment downtime. But both qualitative and quantitative analysis is important, your total cost of risk is synonymous with price-the price of your risk management program. Peabody Insurance Agency takes a total cost of risk approach by tailori... Read more...

How Coronavirus Could Impact Your Business’s Insurance

Mar 18, 2020

Download Our COVID-19 Checklist HERE The new coronavirus (COVID-19) outbreak continues to be a top-of-mind concern for organizations and individuals across the globe. As COVID-19 becomes increasingly widespread, it’s not only raising fears about the well-being of the general public, but it’s also disrupting business operations and creating insurance exposures. In fact, COVID-19 has already led to business interruptions, supply chain issues and significant liability concerns—all of which can open policyholders up to claims. As such, it’s important for companies to ... Read more...

Driving Safely with Pets

Mar 18, 2020

There are a number of reasons why you may need to take your pet for a ride in your car. You could be going on vacation, taking the pet to the vet or simply going for a short ride to run errands. However, failing to take the proper precautions to secure pets during car rides can jeopardize the well-being of both animals and passengers alike. To ensure your pets are safe during car rides, keep in mind the following: Keep dogs and cats in carriers when possible. When pets are allowed to roam around a vehicle, they can distract drivers and potentially cause an accident. Carriers should have... Read more...

Protecting Workers From Coronavirus

Mar 18, 2020

What Is Coronavirus? According to the World Health Organization (WHO), coronavirus is a family of viruses that cause illnesses ranging from the common cold to more severe diseases. Common signs of infection include headache, fever, cough, sore throat, runny nose and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death. Individuals who are elderly or pregnant, and anyone with preexisting medical conditions are at the greatest risk of becoming seriously ill from coronaviruses. How Does Coronavirus Sprea... Read more...

Eating Healthy Doesn’t Have to Be Expensive

Mar 18, 2020

Make a weekly meal plan. Before you go to the store, think about what meals and snacks you want for the week. Read recipes thoroughly so you can make an accurate list of everything you need, reducing the risk that you’ll have to run back to the store later in the week. Create a list—and stick to it. Make a detailed list of what you need to buy before you go to the store. When you get to the store, don’t buy anything besides what’s on the list. Plan where you’re going to shop. Many grocery stores run sales or offer coupons for various healthy fo... Read more...