Latest Insights from GMAC

Demystifying Workers’ Comp: How Workers’ Comp Rates Are Really Set (And Why You Might Be Overpaying)

Barbara Ellen Burch

Published on: 26/05/2025

A quick guide to demystify how workers’ comp premiums are set—covering payroll classifications, experience modifiers, and loss history factors that insurers use to calculate your rate. Learn why your industry class code matters, how your safety record can lower costs, and which state-specific variables influence what you pay. By the end, you’ll know exactly what drives your premium and how to take control of your workers’ comp expenses.

Workers CompCommercial Insurance QuoteBusiness InsuranceBusiness Insurance QuoteCommercial Auto Insurance

Business Insurance Myths & Misconceptions

Barbara Ellen Burch

Published on: 24/01/2025

In this myth-busting guide, we tackle the top 10 misconceptions that hold small-business owners back from getting the coverage they need. From “I’m too small to insure” to “my homeowner’s policy has me covered,” we break down each myth, explain the real risks, and show you exactly which policies will safeguard your storefront, your home office, your rides, and even your data. If you’ve ever wondered whether insurance is worth the cost—or if you’re simply not sure what you really need—this post will clear up the confusion and help you make a smart, budget-friendly choice.

Commercial Insurance QuoteBusiness Insurance