Insurance Agent Blog

MA short-term rental law imposes requirements for taxes and liability insurance

If you have Massachusetts clients who engage in short term rentals of their property, be aware that there are new regulations that will affect them. A new law aimed at rental property arrangements, such as Airbnb, will impose a 5.7% hotel room tax to short term rentals and require short-term rentals to be registered with the state. The law also allows for cities and towns to add local taxes above and beyond that. In addition, people who rent out their property must also obtain $1 million in liability insurance.

Tips for more effective marketing emails

Is email marketing among your strategic resolutions for a new year of communicating with your clients and prospects? According to Salesforce, email marketing has an average ROI of 3,800 percent. For every dollar invested, the average return is $38. And according to 2018 marketing statistics, email is the third most influential source of information for B2B audiences, behind colleague recommendations and industry thought leaders.
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