Commercial Auto Insurance
Liability and physical damage protection for vehicles that are used for work or business purposes such as such as cars, trucks, vans, and more.
Keep your business moving forward with commercial auto insurance.
Did you know?
When you or one of your employees travel for work, your vehicles aren’t covered under your personal auto insurance policy.
Essential Protection for Your Business Vehicles
If you and your employees rely on vehicles for the daily operations of your business, then you need commercial auto insurance. This policy protects commercially used vehicles against physical damages and other liabilities.
In addition to vehicle protection, it also covers injuries to employees, injuries to other people caused by employees, and property damage.
Whether you have a single work truck or a large fleet of delivery vehicles, the liability exposure is significant. Protect your business from unexpected expenses if you or your employees are involved in an accident with a commercial car insurance policy.
Types of Vehicles Covered
This policy covers any vehicles your business owns, borrows, rents, or leases and covers vehicles your employees drive for both business and personal use, whether the vehicle is owned by the business or the employee.
Common types of commercial vehicles covered include:
- Cars, pickup and SUVs
- Cargo vans and work vans
- Semi-trucks and box trucks
- Flatbeds and stake trucks
- Refrigerator and utility trucks
- Trailers and tractor trailers
Commercial Auto Coverage
Commercial auto insurance policies typically include:
Auto liability
Comprehensive & collision
Medical payments
Uninsured/underinsured motorist
Property damage & personal injuries
Rental car reimbursement
*Coverages vary by state, offerings, and carriers.
What is commercial automobile insurance?
It’s a commercial insurance policy that provides liability and physical damage protection for vehicles that are used for work or business purposes such as cars, trucks, and vans.
It’s designed specifically for vehicles that are used by or for a business and includes vehicles your business:
- Owns
- Borrows
- Rents
- Leases
*also applies to personal vehicles you use for business
What do you risk if you don't have a commercial auto policy?
Without commercial auto insurance coverage, you open your business up to risks.
Some of the most common risks include:
- Limited or no coverage for accidents while using your vehicle for business.
- Paying out of pocket for repairs, injuries, and more.
- Losing your personal auto coverage.
- Employees having the right to sue you for their injuries.
What is not covered by commercial auto insurance?
It is important to be aware that there are certain exclusions.
Standard commercial auto insurance typically does not cover:
- Personal vehicles
- Items within the vehicle
- Expected or intentional injuries or property damage
- Pollution
- Workers’ compensation
What type of businesses need a commercial auto policy?
Any business that uses vehicles for transportation and/or requires employees to operate a vehicle for business purposes should highly consider acquiring a policy.
Examples of businesses that should acquire a commercial auto policy include:
- Contractors and tradesmen – electricians, excavation, carpenters, plumbers, HVAC professionals, painters
- Retail stores – for deliveries, events, advertising and more
- Event companies
- Wholesalers/distributors
- Food and beverage- caterers and food vendors
- Landscapers and plow services
- Other business types – real estate and sales
How can a commercial auto insurance policy help protect your business?
Here are some situations where a commercial vehicle insurance policy can protect your business:
- Uninsured driver hits employee. An employee at your IT consulting agency is driving to a client’s home when another driver runs a stop sign and hits your company car. The other driver accidentally let his insurance policy lapse and is not insured. Your business’s commercial auto policy can pay for the damage to your car caused by the uninsured driver.
- Tree falls on company windshield. A tree uprooted by a windstorm falls on your lawn care company’s truck and breaks the windshield. Your business’s commercial auto insurance policy will pay to replace the windshield.
- Employee involved in accident causing a hospital visit. Your employee gets into an accident while driving the company van to a client’s office. No one is seriously injured, but your employee is brought by ambulance to the local hospital and given X-rays. Your commercial auto insurance will help pay for the ambulance ride and medical treatment.
Additional Coverage
Builders Risk
Protect the progress of your construction project from property damage & theft of building materials.
Limo, Taxi & Livery
Livery drivers are on the road more therefore they’re exposed to more risks. Protect your business with livery insurance.
Property Insurance
Whether you own your freestanding building or lease an office protect your business’s physical location & other assets.
