Massachusetts 2016 Low Number License Plate Lottery Applications Now Being Accepted
Learn about the Massachusetts Lottery for Low License Plate Numbers, including how to enter online, available plates, and important dates for the 2016 drawing.
Commercial Auto Insurance is a type of insurance policy designed to provide coverage for vehicles used for business purposes. It’s specifically tailored for businesses that utilize vehicles as part of their operations, whether for transporting goods, services, employees, or equipment. This coverage typically extends to a variety of vehicles, including cars, trucks, vans, and specialty vehicles.
The importance of commercial auto insurance lies in several key factors:
- Liability Protection: Commercial auto insurance provides protection against liability claims arising from accidents involving business-owned vehicles. This coverage helps pay for bodily injury or property damage to others for which the business may be held responsible.
- Property Damage Coverage: It covers the cost of repairing or replacing vehicles owned by the business that are damaged due to accidents, theft, vandalism, or other covered perils.
- Medical Payments: Commercial auto insurance often includes coverage for medical payments, which can help pay for medical expenses incurred by the driver and passengers of the insured vehicle in the event of an accident.
- Compliance Requirements: Many jurisdictions require businesses to carry a minimum level of auto insurance coverage for vehicles used for commercial purposes. Failing to maintain the required insurance can result in legal penalties, fines, and even loss of business licenses.
- Financial Protection: Without adequate insurance coverage, businesses risk financial loss from lawsuits, vehicle repairs, medical bills, and other expenses associated with accidents involving their vehicles. Commercial auto insurance helps mitigate these risks by providing financial protection against unforeseen events.
- Business Continuity: In the event of an accident or other covered loss, commercial auto insurance helps ensure that the business can continue its operations by providing the financial resources necessary to repair or replace vehicles and settle liability claims.
Overall, commercial auto insurance is essential for businesses that rely on vehicles to conduct their operations. It helps protect businesses from financial losses and legal liabilities associated with operating a fleet of vehicles, providing peace of mind and enabling them to focus on their core activities.
Don’t hesitate to contact Murphy Insurance at 800 222 8711 or submit an inquiry via our Contact Us form to learn about our Commercial Auto Insurance.
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Increase to Accident Surcharge Thresholds Limits Effective July 1, 2015
Governor Baker’s signing of the Massachusetts 2016 State Budget on July 17, 2015, led to increased minor and major thresholds for surchargeable accidents, offering potential savings for drivers in the state who may be involved in at-fault accidents.
Headlight & Windshield Wiper Law No Longer a Surchargeable Offense – July 17, 2015
A new law eliminates the surchargeable offense for not using headlights with windshield wipers. Though using headlights and taillights with wipers remains mandatory and enforceable, receiving a ticket won’t affect your driving record or insurance premium.
New MA Law Requires Use of Headlights Effective April 7, 2015
A new law passed, effective April 7, 2015, mandating drivers to activate headlights and taillights alongside windshield wipers. Non-compliance with this regulation constitutes ticketable and surchargeable offenses, potentially leading to increased insurance premiums.
CDL Self-Certification Deadline Extended to April 30, 2014
The MassDOT RMV has extended the deadline for CDL holders to submit self-certification information and a copy of the US DOT Medical Certificate to April 30, 2014, in accordance with Federal Motor Carrier Safety Administration requirements.