Montana state law requires that all businesses with employees carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.
All business-owned vehicles in Montana must be covered by commercial auto insurance. Montana requires a minimum of $20,000 property damage liability per accident, $50,000 bodily injury liability per accident, and $25,000 bodily injury liability per person.
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.
This policy is important for all Montana 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 Montana 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 Montana business.
Montana businesses that have employees must purchase workers’ compensation insurance, which covers medical costs for work injuries and illnesses.
This policy is required for business-owned vehicles in Montana. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
In Montana, insurance agents, agencies, and brokers are licensed by the Montana Office of the Commissioner of Securities & Insurance. Insureon is licensed in Montana as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance and for surplus lines (license number 730298). Verify our licensure with the National Association of Insurance Commissioners: select Montana, Licensee, Business Entity, and then enter our NPN or license number.