Commercial Insurance for MA Businesses
Over 669,000 small businesses call Massachusetts home.1
In fact, over 45% of the Bay State’s employees work at a small business.2
To run a successful company, seguro de negocio
is essential. When it comes to choosing your business insurance, MA companies need to make sure they have the right coverages to help protect them from the specific risks they face.
Whether you need small business insurance or other coverages to help protect against unique risks, we can help. We’ve been providing business insurance to Massachusetts companies for over 100 years and we’re here to do the same for you. Our specialists will work with you to customize a policy that addresses your business’ unique needs. Obtenga una business insurance quote
today and learn how we can help protect your business.
Available Business Insurance in MA
General Liability Insurance in Massachusetts
- Lesiones corporales
- Daños a la propiedad
- Personal injury, such as libel or slander
These kinds of claims aren’t uncommon and can come up during normal business operations. Without coverage, a small accident can turn into a costly legal issue for your business. For example, general liability insurance for your Boston business can help with:
- Medical costs if a customer gets hurt at your business
- Repairs if your business damages another person’s property
- Legal costs if someone sues your business claiming something you said damaged their company’s reputation
Professional Liability Insurance for Massachusetts Businesses
You aim to run your business perfectly, but mistakes can happen. If they do and it causes a customer financial damages, they can sue your company. Professional liability insurance
can help in these situations. It helps protect your business from claims that you made a mistake in the professional services given. A professional liability policy can help pay for:
- Defense costs
Small Business Insurance in Massachusetts
When it comes to small business insurance, Boston businesses or those throughout the state can benefit from coverage. Different types of small business insurance can help protect your business from various claims. For example, el seguro comercial para automóviles
helps protect you and your employees on the road if you drive for business. So, if you get into an accident while using one of your commercial vehicles to make a delivery, this insurance coverage can help pay for medical bills or repair costs to fix the damaged property.
Many small business owners start with a Póliza para propietarios de empresas
(BOP) for their coverage needs. It combines three essential coverages that can help your small business deal with claims that can come up during normal operations, such as:
Home-Based Business Insurance in Massachusetts
It’s becoming more and more common for people to run their businesses out of their homes. While this helps keep a low overhead, running a home-based business does pose unique risks. And having a home-based business means you’ll likely need more coverage than your homeowners insurance policy can offer. At The Hartford, we offer home-based business
insurance, helping your business if you have claims of bodily injury, property damage or theft.
You’ll want to get home-based business insurance if you have:
- Meetings with clients at your house
- Employees working in your home
- Client information or contracts stored in your home
Massachusetts Workers’ Compensation Insurance
- Medical bills
- Lost wages
- Ongoing care costs
For business owners, workers’ compensation insurance helps pay their legal costs if an employee or their family sues their company.
We’ve been helping to protect businesses with workers’ compensation insurance for over 100 years. We can help your Massachusetts business if an employee:
- Gets in a car accident while conducting business and needs to go to the emergency room
- Goes to the doctor after lifting heavy boxes and equipment and requires surgery
- Slips on a wet floor in your warehouse and suffers a permanent disability
Massachusetts Insurance Requirements for Business Owners
The MA Division of Insurance (DOI) monitors insurance practices statewide and protects consumers who buy policies. However, it doesn’t regulate the types of insurance business owners must have.3
require businesses with employees to have workers’ compensation insurance, and Massachusetts is one of them. Additionally, business owners are required to carry commercial automobile insurance
if they use owned or rented company vehicles for business.4
Get a Business Insurance Quote for Your MA Business
We’ve provided small business insurance for many businesses in Massachusetts. We’re proud to be an insurance company with experience and strive to understand every unique challenge and risk that our clients face, which helps us provide the coverage they need. Our specialists can work with you to customize a policy that suits your business best. Get a business insurance quote
for your Massachusetts business today.
Frequently Asked MA Business Insurance Questions
What Insurance Do I Need For a Massachusetts Small Business?
If your Massachusetts small business has employees, you’ll need to carry workers’ compensation insurance. You’ll also need to have commercial auto insurance if you or your employees use a company vehicle for business.
If you’re looking for a good foundation for small business insurance, you can get a BOP. It helps protect your business from claims of property damage and bodily injury to others. It also protects your business property from things like a fire or theft. And if you can’t open your business because of covered damaged to your property, it can help replace your lost income.
What Is Considered a Small Business in MA?
The Small Business Administration defines a small business as having less than 500 employees.
What Does an Umbrella Policy Cover for a MA Business?
A commercial umbrella policy extends the coverage limits of certain liability policies. This is helpful because if a claim costs more than your policy limit, your commercial umbrella policy can help cover the excess expenses. Without it, you’d have to pay the difference out of pocket.
How Much Is Liability Insurance For a Small Business in Massachusetts?
Every business is unique, so liability insurance rates vary. Insurance companies can look at different factors when determining your liability insurance cost, such as:
- Number of employees
- Years of experience
Additional Massachusetts Business Insurance Links
1,2 U.S. Small Business Administration, “2019 Small Business Profile: Massachusetts”