Massachusetts Small Business Insurance Requirements
When you’re buying a new commercial auto policy you may have some questions. Below are some helpful pieces of information, if you have any questions just give us a call at 1-774-847-7746
Commercial auto insurance
Massachusetts commercial auto insurance laws require any business-owned vehicle to be covered by an MA commercial auto insurance policy.
In Massachusetts, your business is required to carry $20,000 bodily injury liability per person, $40,000 bodily injury liability per accident, and $5,000 property damage liability per accident.
Though it’s not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance, as personal auto policies usually exclude business use. It can be added to general liability insurance or a business owner’s policy.
General Liability Insurance
Commercial general liability insurance is a broad type of insurance policy that provides liability insurance for general business risks. Commercial General Liability is the specific name for a policy of this type in the United States insurance market.