Commerical Auto Insurance
Overview
Commercial auto insurance is a type of insurance policy designed to protect vehicles used for business purposes. It provides coverage for liability, physical damage, and other risks associated with operating commercial vehicles. This insurance is essential for businesses that rely on vehicles for their operations, ensuring financial protection against accidents, theft, and other unforeseen events.
Types of Coverage:
Liability Coverage: Covers damages or injuries you cause to others while operating a commercial vehicle. This includes bodily injury liability and property damage liability.
Collision Coverage: Pays for damage to your commercial vehicle resulting from a collision with another vehicle or object.
Comprehensive Coverage: Covers damage to your commercial vehicle from non-collision events like theft, fire, or natural disasters.
Uninsured/Underinsured Motorist Coverage: Protects you if you're involved in an accident with a driver who doesn't have insurance or has insufficient insurance.
Medical Payments Coverage: Covers medical expenses for the driver and passengers, regardless of who is at fault.
Hired and Non-Owned Auto Coverage: Provides liability coverage for vehicles you rent or borrow for business purposes.
Cargo Coverage: Protects the goods being transported in your commercial vehicle.
Factors Affecting Premiums:
Vehicle Type: The make, model, and year of your commercial vehicle can affect your rates.
Business Type: The nature of your business and how you use your vehicles can influence your premiums.
Location: Where your business operates and where the vehicles are driven can impact your insurance costs.
Driving Records: The driving history of your employees can affect your premiums.
Coverage Amount: Higher coverage limits and lower deductibles will increase your premium.
How to Get a Quote: To get a quote for commercial auto insurance, please visit our general insurance quote form.