Call Us (888) 513-8784

In Omnia Paratus…"Ready for all things!"

Auto Insurance AUTO
Read More
Boat Insurance BOAT &
Read More
Business Insurance BUSINESS
Read More
Homeowners Insurance HOME
Read More
Life Insurance LIFE
Read More
Other Insurance OTHER
Read More

If you have a transportation-related business, then you need commercial auto insurance to cover your fleet of buses, trucks, vans, cars, or golf carts. However, other businesses that require vehicles may also be better protected with commercial auto insurance. Here’s more about commercial autoimage of worker next to commercial van insurance and what it covers.

What Is Commercial Auto Insurance?

No matter how conscientious your employees are, things can happen on the roadway that are beyond their control. To avoid exorbitant out-of-pocket expenses, it may be time to find out what commercial auto insurance has to offer. Commercial auto insurance covers everything a personal auto insurance policy does. Additionally, it may have higher limits for vehicles you rent or own and use for business purposes.

At a minimum, ensure that bodily injury and property damage are written into your policy. Bodily injury insurance pays for medical expenses incurred by another driver or passenger in an accident you or your employee cause, while property damage coverage repairs for a vehicle hit by you or your employee driving a covered vehicle.

Additional Coverage Options

There are several other policies that enhance coverage on the vehicles in your business fleet. Whether each one applies depends on the nature of your business. However, here are some of the most common for your consideration:

  • Uninsured/Underinsured Motorist: UIM insurance takes care of damage to your vehicle when you are hit by an uninsured or underinsured motorist. These drivers may not have enough insurance to reimburse you for your losses — they may not have any insurance at all.
  • PIP With Medical Insurance: PIP covers major medical expenses for passengers hurt in an accident.
  • Emergency Roadside Assistance: If your drivers cross state lines or travel far from your business base, this coverage may be a necessity. It helps you avoid paying expenses out of pocket when a vehicle breaks down. Most emergency roadside assistance policies include battery replacements, tire changes and a slew of covered repairs, as well as towing.
  • Personal Effects Insurance: This pays for your personal belongings if they are lost, stolen or damaged.

Now that you know a little more about commercial auto insurance, you can work with an agent to pick the best coverage for your business.

Also Read: Should You Increase Your Liability Coverage on Your Commercial Auto Insurance Policy?

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

View Mobile Version
Pioneer State Mutual
Michigan Insurance
elephant insurance logo
© Copyright. All rights reserved.
Powered by Insurance Website Builder