Commercial Auto Insurance

Commercial auto insurance covers vehicles used for business purposes and provides liability and physical damage protection beyond what a personal auto policy offers. It helps protect businesses from financial losses due to accidents, theft, or damage while operating company owned or work related vehicles.

This coverage applies to company cars, trucks, vans, and in many cases employees’ personal vehicles when they are used for business activities.

Key Aspects of Commercial Auto Insurance

• Purpose: Protects businesses from risks associated with driving for work, unlike personal auto policies which typically exclude business use.
• Covered vehicles: Includes business owned vehicles, leased or rented vehicles, and employee owned vehicles used for work.
• When you need it: Required when your business owns or leases vehicles or when employees use personal vehicles for deliveries, client visits, or hauling tools.
• Exclusion: Personal auto policies generally exclude business use, making commercial auto a necessary separate policy.

Common Commercial Auto Coverages

• Liability: Covers bodily injury and property damage to others.
• Physical damage: Collision and comprehensive coverage for accidents, theft, vandalism, or natural disasters.
• Uninsured motorist: Protection if another driver lacks insurance.
• Medical payments: Helps cover medical expenses for drivers and passengers.
• Additional options: Rental reimbursement, roadside assistance, and other endorsements.