COMMERCIAL AUTO INSURANCE
Commercial auto insurance may protect you and your employees against financial loss if one of you has an accident and people or their properties are injured.
What does commercial auto insurance cover?
Commercial auto insurance policies may offer various types of coverage, including:
Property Damage Liability
Property damage liability coverage may help pay for damage your vehicle causes to another person’s property.
Bodily Injury Liability
Bodily injury liability coverage may protect against financial loss. It may also provide for your legal defense in the event of a lawsuit resulting from an accident you or your employee caused in which another person was injured or killed.
Medical payments coverage may help pay medical expenses for you and your employees after an auto accident.
Collision coverage may help pay for damage to your business vehicle in the event of a collision.
Comprehensive coverage may help pay for non-collision damage to your car. Examples of non-collision damage include theft, vandalism and natural disasters.
Uninsured/Underinsured Motorist Coverage
Uninsured motorist bodily injury coverage may help pay expenses for bodily injury and/or death to you and your passengers in the event your accident is caused by an uninsured or underinsured driver.
Uninsured motorist property damage may help pay for damage to your vehicle in the event your accident is caused by an uninsured or underinsured driver or a “hit and run” driver.
Who needs commercial auto insurance?
If your vehicle is owned by your business, is used for business purposes, requires higher liability or is deemed heavy-duty, you may be need a commercial auto policy.