What Does Commercial Auto Insurance Cover?
Commercial Auto Insurance insures against injury to others and property, even if caused by your employee’s negligence. Reimburses for vehicle repair, or vehicle replacement if it’s a total loss. Protects against accidents caused by driver with no insurance or that are under insured.
How Much Does Commercial Auto Insurance Cost?
There are multiple factors that can determine the cost, starting with what industry is involved, and what is being transported or who is driving the vehicles. Typically commercial insurance has higher coverage limits than personal auto insurance, there’s more at stake.
What Are the limits on Commercial Auto Insurance?
You’ll have the option to choose how much coverage you’ll need, which will determine your premium. Businesses with a higher risk to accidents or damage to property may benefit from a policy with a larger limit.
Who Needs Commercial Auto Insurance for their Business?
If you use a car, van, truck, or trailer to transport people, equipment, or other materials you need commercial auto insurance. If you leases or rent vehicles, or your employees drive company vehicles, you need commercial auto insurance.