Commercial Insurance

Massachusetts is home to over 669,000 small businesses. To run a successful business, you must ensure that your company is protected with commercial insurance. When choosing the necessary insurance to protect your company, we offer the right coverages here at Bettencourt Insurance Group to protect you from common risks.

Commercial Insurance Requirements

In Massachusetts, workers’ compensation insurance is required regardless of the employee’s full-time or part-time status. Employees in domestic service must also be covered if they work at least 16 hours each week. Workers’ compensation insurance covers medical expenses for any work-related illness and injury.

Additionally, commercial auto insurance is required for all business-owned vehicles. The following are minimum requirements for auto liability insurance policies:

• Bodily injury liability per person for $20,000
• Bodily injury liability per accident for $40,000
• Personal injury protection for $8,000
• Property damage liability per accident for $5,000
• Uninsured motorist coverage for $20,000

Commercial Insurance Coverage

You can choose from any of the following coverage to protect your business:

• General liability coverage- This covers the most common risks for your business, and many commercial leases require businesses to obtain this insurance
• Professional liability- This policy is known as errors and omissions insurance and protects your business if it provides professional services. It also covers lawsuits that are related to work performance.
• Cyber liability- This policy covers financial losses that result from data breaches and cyberattacks. You should consider this policy if your company handles sensitive data such as credit cards,
• Business owner’s policy- This policy is a combination of combining commercial property coverage in one plan.

Quotes

To obtain a quote for commercial insurance, please give us a call here at Bettencourt Insurance Group. We serve all businesses in the state of Massachusetts and New Hampshire. Our agents will work with you to find a customized plan that works for your company.