Commercial Auto Insurance
Commercial auto insurance or business auto differs significantly from personal auto insurance. Coverage needs depend on a variety of factors. Commercial auto coverage insures vehicles that are owned, leased, hired, or borrowed by businesses, whether they are associations, corporations, partnerships, or sole proprietorships.
Do I need commercial auto insurance?
Imagine you were involved in an accident in your personal vehicle while engaged in company business. Did you know your personal insurance may not cover you? What if you have employees on the road making service calls to customers? Commercial auto insurance provides protection for your company-owned vehicles, leased or rented vehicles, and your employees’ vehicles used for business purposes.
Who is registered on the vehicle?
If it is registered in the name of the business, you need commercial auto insurance.
How is the vehicle used?
If you or your employees use the vehicle for business purposes, then you need a commercial policy. Even personal cars may need commercial auto coverage if used frequently for business purposes. Although employees’ vehicles are covered by their own personal insurance, this coverage will take effect if an employee is involved in an automobile accident with damages that exceed the limits of their policy.
What can commercial auto insurance cover?
Commercial auto insurance coverage can be used to insure private passenger autos and all types of trucks, trailers, semitrailers and commercial vehicles designed for use on public roads.
We can give you more details about specific coverages and deductibles and about tailoring a coverage plan that’s right for you and your business.
Where do I start?
First things first. Let’s gather some basic information about your business so we can help you identify your potential risks and liabilities and then work with you to tailor the right commercial auto policy. You can give us as much or as little information about your business and vehicles below when you check Business Auto. Let’s get started protecting what’s yours.