Maine state law requires businesses with one or more employees, full-time or part-time, to carry workers’ compensation insurance. Independent contractors do not count as employees, but if those contractors employ subcontractors, the subcontractors must be covered by a workers’ comp policy. This policy covers medical bills for work injuries and illnesses.
All business-owned vehicles in Maine must be covered by commercial auto insurance. 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.
Maine's commercial auto insurance requirements are:
This policy is important for all Maine businesses. It covers common risks, including customer property damage and injuries. Most commercial leases require this coverage.
This policy, also called errors and omissions insurance, protects professionals whose work depends on their expertise. It covers client lawsuits over mistakes and missed deadlines.
This policy helps Maine businesses survive data breaches and cyberattacks by paying for client notification costs, legal fees, and other related expenses.
This policy bundles property insurance and general liability insurance in one plan. It's often the most cost-effective type of commercial insurance for a Maine business.
Maine state law requires every business that has employees to provide workers’ compensation insurance. It can cover medical costs for work-related injuries.
This policy is required for business-owned vehicles in Maine. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
In Maine, insurance agents, agencies, and brokers are licensed by the Maine Bureau of Insurance. Insureon is licensed in Maine as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number AGN179429). Verify our licensure with the Maine Bureau of Insurance License Information Search.