1. Forms
2. MM
3. MM-00-96

What the form is

The MM 00 96, Truckers Declarations – Massachusetts, is a crucial component of a commercial auto insurance policy for truckers operating in Massachusetts. As a declarations page, it doesn't provide coverage itself but rather personalizes the policy by summarizing the essential details agreed upon by the insured and the insurer. This includes the named insured, policy term, description of covered autos, selected coverages (like liability, physical damage, uninsured/underinsured motorists), applicable limits of insurance, deductibles, and the premium. It is specifically tailored to the requirements and regulations of Massachusetts.

Classes of business it applies to

This form is used for businesses engaged in trucking operations. This can range from owner-operators with a single truck to larger fleets. Examples include:

• Motor carriers hauling goods for others (common or contract carriers).
• Private carriers hauling their own goods.
• Truckers involved in local, intermediate, or long-haul transportation.

Essentially, any trucking operation requiring a commercial auto policy in Massachusetts would utilize a declarations page like the MM 00 96 to outline their specific coverage details.

Special considerations

Several special considerations apply to the MM 00 96:

• Massachusetts Regulations: This form is designed to comply with Massachusetts insurance regulations, including mandatory coverage limits and specific language requirements. Recent updates, for example, reflect increases in minimum coverage limits for Bodily Injury and Property Damage.
• Residual Market: The form is used in the Massachusetts commercial residual market (Commonwealth Automobile Reinsurers - CAR). This means it's applicable for trucking businesses that may have difficulty obtaining coverage in the voluntary market.
• Accuracy is Key: As the declarations page dictates the extent of coverage, extreme accuracy in completing all sections is vital. Errors or omissions can lead to coverage disputes.
• Integration with Policy: The MM 00 96 must be used in conjunction with the corresponding Truckers Coverage Form (e.g., CA 00 12) and any applicable endorsements to form the complete insurance contract.

Key information for agents and underwriters

Agents and underwriters should pay close attention to the following when working with the MM 00 96:

• Verification of Information: Ensure all information, especially named insured, vehicle schedules, driver information (if applicable), and operating radius, is accurate and up-to-date.
• Coverage Selection: Guide the insured in selecting appropriate coverages and limits that meet both regulatory requirements and their specific business needs. Discuss optional coverages and endorsements.
• Premium Calculation: The information on the declarations page is used to calculate the final premium. Ensure all rating factors are correctly applied.
• Endorsements: Identify and attach all necessary Massachusetts-specific endorsements and any other endorsements required to tailor the policy to the insured's operations. The search results indicate several endorsements are often filed in conjunction with updates to this form, such as those related to mandatory coverage limits or specific uses like non-trucking use.
• Compliance: Stay updated on changes in Massachusetts insurance laws and CAR rules that might affect the form or its use. For instance, the '07 25' edition was introduced in response to legislative changes increasing minimum coverage limits.