If your vehicle is used in the course of your business, it is likely not going to be covered under a personal auto policy. Commercial auto insurance protects businesses against liability claims arising from accidents involving vehicles used by your business. Need to insure your vehicle with commercial insurance? Give us a call!
Commercial Auto Insurance
Commercial Auto Insurance Coverage
Commercial auto insurance coverage is similar to personal auto, however there are added endorsement options common to many businesses:
- Bodily Injury and Property Damage Liability
Liability Coverage for injuries and damage you cause to someone else or your passengers. Most often we see businesses will require a combined $1M coverage for bodily injury and property damage.
- Uninsured and Under-insured Motorist Coverage
Not everyone will carry adequate insurance coverage to fully cover your loss or injuries. This coverage will reimburse you for your injuries and loss of income. Auto insurance does more than protect your vehicles from accidents which happen every minute of the day; it also protects you and your passengers from the truly unexpected when an at-fault driver injures you on the road.
- Medical Payments
Medical payment coverage provides immediate payment for medical services rendered, to you and or your passengers. Limits are usually between $1,000 to $10,000 regardless who is at-fault.
- Collision Coverage
Coverage for damage to your own vehicle in the event of a collision with an object or other car, from flipping over, and even damage caused by potholes. Collision coverage will pay for your repairs to your own vehicle when you’re at fault in an accident.
- Comprehensive Coverage
Coverage which pays for a loss due to theft or damage not caused by a collision, such as fire, falling objects, floods, riots, and impact with animals such as deer. Comprehensive coverage also protects you for cracked or shattered windshields.
- Hired and Non-Owned Vehicle Liability
If your employees utilize their own vehicle in the course of your operations, this will provide liability up to your limits for their accident. Likewise if you rent vehicles, this coverage extends to those as well.
- Pollution Liability
Bodily injury, property damage and cleanup coverage for spillage of noxious substances when liable in the accident.
- Towing and Roadside Service
Provides service for vehicle disablement including towing, flat repair, lockouts and gas.
- Rental Vehicle
Coverage for a rental car is provided when your vehicle experiences a covered loss and is in the repair shop in the event of a collision or comprehensive loss.