Commercial Auto Insurance Coverage For Business Vehicles
If you’re a small-business owner, you know that your business vehicles provide not only transportation but also a consistently professional image and mobile marketing. But do you know that they also require a commercial auto insurance policy? It’s true: personal auto policies typically exclude coverage for vehicles used in your business. If you use vehicles to transport your employees, equipment, or products, you probably need commercial auto insurance.
Specialized commercial auto insurance protects your business assets, covering liability, property damage, and medical expenses in the event of an accident. Additionally, it helps you comply with local regulations and safeguards your financial interests.
Flexible Commercial Auto Insurance Coverage Options
Bodily Injury:
Covers bodily injuries (or death) to another for which you are legally responsible.
Property Damage:
Covers damages to someone else’s property for which you are legally responsible.
Collision:
Commercial auto insurance covers your commercial vehicle when youe car hits or is hit by, another vehicle.
Comprehensive:
Commercial Auto Insurance also covers your vehicle for losses resulting from incidents other than collision.
Uninsured/Underinsured motorists:
Do not take uninsured motorists for granted… Commercial Auto Insurance covers you for bodily injuries, damages, or death caused by an at-fault uninsured or underinsured driver.
Medical Payments:
Commercial auto insurance covers medical expenses incurred by you and your passengers injured in an accident.
Who Does Commercial Auto Insurance Policies Typically Cover?
Most of the individuals who drive company-owned vehicles are employees. You and your employees are insureds while driving autos you own, hire, or borrow if such vehicles are covered autos. if you allow someone to drive a vehicle you own, rent, or borrow, the driver is insured. Drivers in this category are often called permissive users. If you are sued as a result of an auto accident caused by a negligent employee, you should be covered for the claim. Obviously, this is a topic to speak in detail about with your local Fay Insurance agent.
Get a Free Estimate Today
Unlike large national call centers, Expert Protection Services Agency believes insurance should be personal. The team takes time to listen, answer questions, and develop customized insurance plans that fit each client’s lifestyle and long-term goals.
Commercial Auto Insurance Avoid, Reduce and Mitigate Potential Insurance Claims
If you manage a few pickups or a full fleet of box trucks, it’s important for you and your business to understand our comprehensive commercial auto insurance. We have highly-trained loss prevention experts who can assist you with safety programs and provide materials to educate your employees. Let’s schedule a meeting soon to go over your coverage.
In simple terms, commercial auto insurance is a policy that will protect your business vehicles against physical damage and liability for situations, amounts, and usage not covered by personal auto insurance. If you use your vehicle for business purposes, you’ll need a commercial policy.
If you have any more questions about insurance coverage for your business vehicles, please don’t hesitate to contact us. We’re here to help.
Discuss Commercial Vehicle Insurance At One Of Our 6 Local Insurance Offices.
Any one of our insurance agents can sit down and evaluate your individual situation with car insurance. We have local insurance offices across the State of Ohio and cover your home and automobile policies in Michigan Ohio Indiana, Kentucky and Tennessee.
