What is Commercial Auto Insurance?
Commercial Auto Insurance is a policy that protects vehicles you own, lease, hire, use in your business as well as liability coverage for BI (Bodily Injury) and PD (Property Damage) caused to others by the use of one of your businesses vehicles. If you own a business, you really need a business auto insurance policy to cover the vehicles you use for your company. If you don’t own a car, you can add hired and non-owned auto coverage to your personal policy. While you may already have some type of insurance for your personal vehicles, it is best to add business auto coverage to ensure that your business’s vehicles are protected from damage. Regardless of how many vehicles your company owns, you’ll want to purchase business auto insurance to protect yourself and your business from unseen situations.
Commercial auto policies tend to have higher coverage limits than personal policies, because business vehicles need more protection in case of accidents. There are several types of coverage you can add to your business auto insurance policy, and it’s important to consider all the options available to you. First, you can choose to cover your vehicles for physical damage, or comprehensive. Collision coverage covers damage caused by another vehicle or a parked car, while comprehensive coverage covers damage caused by any type of risk other than collision. For example, physical damage claims can include wind damage, hail damage, and fire, as well as theft, vandalism, and vandalism.
What vehicles are covered by commercial auto insurance?
- Pickup trucks
- Box trucks
- Service utility trucks
- Food trucks
Do you need commercial auto insurance?
If you or your employees use your vehicle as part of your business, you need a commercial auto policy. Business auto insurance also covers your employees’ vehicles, whether they drive for the company or are their personal vehicles. Depending on the coverage you purchase, your employees can drive for the company. You will need to make sure they have permission to drive, such as proper licensing and permits. Some businesses will even add “uncovered” drivers to their policy. However, if you are not the driver, you can still get coverage for their cars. The most important aspect of your business auto insurance policy is liability coverage. This covers you in the event that your vehicle causes damage to someone else. We often cover vehicles used by:
- Electricians, plumbers, and HVAC professionals
- Painters, Carpenters, and other general and sub-contractors
- Mobile IT providers
- Landscapers services
- Caterers and food vendors
- Other business types, like real estate and sales
Drive for Uber, Lyft, or a delivery service like Amazon Flex or Grubhub? What you’ll need is rideshare insurance.
Without commercial auto insurance, you risk:
- Limited or no coverage for accidents while using your vehicle for business
- Paying out of pocket for repairs, injuries, and more
- Losing your personal auto coverage
To make sure you and your business stay protected let us help you with a commercial auto insurance policy.
Why choose Charla Brotherton Insurance Agency for commercial vehicle insurance?
We’re local. You save. We provide exceptional service and experience.
We realize not all businesses are the same and we all need different amounts of coverage. That’s why at Charla Brotherton Insurance Agency your commercial auto policy is tailored to your exact needs and designed to give you the best protection without blowing your budget.