Commercial Auto Insurance is designed to provide coverage for businesses that use vehicles as part of their operations. This type of insurance helps protect businesses from financial loss in the event of an accident, theft or other unexpected circumstance involving commercial vehicles. The policy can be tailored to meet the needs of any business’s unique situation, and may include liability coverage, physical damage coverage and medical payments coverage.
Types of Commercial Auto Coverage
Liability Coverage protects a business from third-party claims if a driver causes an accident while operating a company vehicle. This kind of coverage also provides legal defense for any lawsuit brought against the business by those injured in an accident caused by one of its drivers.
Physical Damage Coverage includes protection for both owned and non-owned vehicles used for commercial purposes. This type of coverage typically covers repairs or replacement in the event of a collision, theft, fire or other unexpected incident.
Medical Payments Coverage helps pay for medical costs incurred by anyone involved in an accident caused by one of the company’s drivers. This coverage can also be extended to cover any funeral expenses that may be necessary as a result of an accident.
Commercial Auto Insurance is an important investment for businesses that use vehicles as part of their operations. With the right policy in place, businesses can protect themselves from potential financial loss due to vehicular accidents and other unfortunate circumstances. Working with an experienced insurance agent can help ensure that your business is adequately covered.
Commercial Auto Assistance
Our team can help you determine the coverage options your enterprise requires and assist you in setting up an effective commercial auto insurance plan. Consultations are always free, so call us or click on the quote button to get started.
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