What it does

MM 20 26 is the Massachusetts counterpart of the multistate CA 20 01. It makes the lessor an additional insured and loss payee on the lessee's commercial auto policy. CAR's rules tie its use to Massachusetts registration requirements, because the Registry of Motor Vehicles requires registrations in the name of the actual owner:

• If the leasing company owns the vehicle and the lessee obtains the insurance, the policy is issued to the lessee and MM 20 26 must be attached.
• If the owner is someone other than the leasing company and the ultimate lessee buys the insurance, both MM 20 25 and MM 20 26 must be attached.

The current edition is 07 25; the prior edition was 10 06.

Rating

When the policy is extended to cover the owner of a hired auto as an additional insured, CAR's manual multiplies the bodily injury and property damage liability rates by 1.04.

Quoting notes

Get the lease and registration documents to see who is the registered owner and who the lessor is; the combination determines whether MM 20 25, MM 20 26 or both are required.