Buses are unique vehicles, and driving them presents risks that few other vehicles come with. Since buses have the unique role of transporting many people, they’re often insured with specialized bus insurance coverage that Massachusetts insurers make available.
Bus insurance is specialized commercial insurance that’s crafted for buses. In order to meet the multiple protection needs that bus operators have, most of these policies come as package policies which combine several coverages together.
Most Massachusetts businesses that operate buses should have a bus policy, and not carrying this type of policy could leave a business exposed to both insurance and legal risks. A few examples of businesses that operate buses and therefore ought to consider these policies include:
Workers compensation normally provides coverage for workplace injuries and illnesses, and most businesses in Massachusetts that have employees are required to carry the coverage. Bus companies frequently need it even if they have personal injury protection and medical payments coverage (see below), for drivers can be injured in ways other than accidents.
Workers compensation normally isn’t included in bus policies, however. Instead, it’s more often purchased as a separate policy that provides this one protection. An agent who’s familiar with bus policies can also assist with workers compensation.
The coverages that bus policies provide generally meet state-minimum requirements, but they also offer options to purchase much more protection. Some of the specific coverages to consider when selecting and customizing a bus policy are:
When selecting these coverages and their corresponding limits, it’s important to keep in mind how expensive a bus accident can become. Many passengers don’t wear seatbelts, leaving them more susceptible to injury during an accident. Any related medical costs only multiple if more than one person is hurt.
An insurance agent who specializes in bus policies can help operators determine their particular risk exposure, and choose coverages and limits accordingly.
Insurance companies base bus policy premiums on many different factors, often including the following:
In some cases, other considerations come into play. Whether buses carry wheelchairs, carry children and/or cross state lines can all affect premiums, as can many other details.
For help insuring buses that are registered in Massachusetts, contact the independent insurance agents of Keefe Insurance. Our team can help you explore policy options from many insurance companies, because we’re an independent agency and not beholden to any particular company. Once we have several bus insurance quotes, we also can help you compare them to determine which option is best for your buses.