What is Commercial
Auto Insurance?
Commercial auto insurance provides business owners with protection for their vehicles from the costs involved in auto accidents. Similar to a personal auto insurance, a commercial auto insurance also provides coverages like liability, collision, medical payments, property damage, combined single limit, and many more. A Commercial auto insurance policy covers various types of commercial trucks and vehicles. Coverage is also included for the drivers operating the vehicles along with the equipments inside the vehicle.
When it comes to commercial auto insurance, please see the types of insurances on offer below:
Bodily injury liability coverage: Covers for bodily injuries or death caused due to an accident along with legal defense
Property damage liability coverage: Covers for the damages caused to other vehicles in an accident along with legal defense
Combined single limit (CSL): A combination of both bodily injuries and property damage
Medical payments, no-fault or personal injury coverage: Covers for all the medical expenses for all the passengers including the driver involved in an accident
Uninsured motorist coverage: Covers for your injuries and also for property damages caused by a driver who is uninsured. The coverage also stands if the driver involved in your side doesn’t have the sufficient coverage.
Comprehensive physical damage coverage: Covers for all kinds of vehicle damages caused due to flood, fire, theft or vandalism
Collision coverage: Covers for the damages caused to your vehicle in the event of a collision
Who needs Commercial
Auto Insurance?
Simply put, you need a commercial auto insurance for the vehicles used for your business. Many people come to a wrong conclusion that a personal auto insurance will provide cover for their vehicles used for their work. Even though it may find applicable for clergy members and realtors, if you are having an employee drive your vehicle and gets involved in an accident, then your personal auto insurance won’t provide coverage for it. Business that may largely be involved in delivering products, transporting the company staff, equipments or for any other purposes—and if you are operating heavy vehicles like commercial trucks, then you may need to get a commercial auto insurance. Having a commercial auto insurance will give you the peace of mind as it will give you a comprehensive coverage including your vehicles, employees, equipments and also your assets in times of a lawsuit filed against your business.
You need a commercial auto insurance, if you:
- In the business of delivering products like food, newspapers and any other finished goods and products
- In the business of transporting people like a hotel shuffle, preschool transportation, garage service, senior care etc.
- If you have a permanent attachment to your vehicle related to your job like in the pest control industry, construction of farming business etc.
- If your vehicles boasts signs and logos of your business
- If your business involves your employees use their own vehicles officially
- Have your employees use rented vehicles for official purposes
With our thorough knowledge of all the services we support and the industries we serve, we make educated recommendations which help our customers take advantage of the best, most economical coverage possible. At Brookhaven Insurance agency we help you choose policies that address your needs and ensure protection. And we do it all clearly and with purpose.