Business owners are responsible for overseeing all parts of their business. This includes insuring all vehicles used for business purposes. Commercial auto insurance is important because it covers accidents and injuries relating to your business vehicles.
If you need affordable commercial auto insurance as soon as possible, we can help. Call (800) 641-7488, and an agent will help you quickly secure cheap commercial vehicle insurance. Keep reading to learn the vehicle types we cover and the different types of coverage you need to protect your business entirely.
What Vehicles Are Covered?
Commercial auto insurance applies to the following types of commercial automobiles:
- Limos
- NEMT
- Tow trucks
- Snow Plows
- Company cars
- SUVs
- Buses
- Food trucks
- Cargo vans
- Pickup trucks
- Contractors
Please note that this list is not exhaustive. You can contact our team with any questions about the types of vehicles we cover.
What Type of Commercial Coverage is Necessary?
On a basic level, commercial auto insurance covers liability and collision. Commercial auto insurance policies are also designed to protect your business to ensure you don’t face a large financial loss. The typical commercial auto insurance policy includes the following coverage types.
Bodily Injury Liability
If an employee causes an accident and becomes injured, bodily injury liability helps cover the costs for not only your employee but other injured parties as well. The compensation amount depends on your predetermined limit in addition to your deductible.
Property Damage Liability
If you or an employee are involved in an accident that damages someone else’s property, property damage liability provides coverage.
Collision
Collision coverage is designed to pay for any vehicle damage caused in the accident.
Comprehensive
Comprehensive coverage protects your vehicles from damage that’s not related to collisions. That is why comprehensive coverage is sometimes known as “other than collision coverage.” It covers damage caused by weather, vandalism, theft, and more.
Uninsured and Underinsured Motorists
This type of insurance pays for damages and injuries that occur if you or an employee driving one of your vehicles is involved in an accident with someone who doesn’t have insurance or doesn’t have the right type of coverage.
Optional Coverage
There are other additional add-ons that you may be interested in when searching for commercial auto insurance. For example, you may be interested in coverage that kicks in if you or an employee drive a vehicle your company does not own. Our team at Insured ASAP can walk you through the different types of optional coverage and provide recommendations based on our expertise.
What About Personal Use?
If you’re a small business owner or entrepreneur, you likely have a car of your own that isn’t associated with your business. In this case, your auto insurance will not carry over if someone from your company drives your vehicle on a business-related errand or task.
Get the Cheapest Commercial Vehicle Insurance Possible
As an independent insurance company, we can help you explore all of your commercial car insurance options in one place. To get started, we will get to know your business so we can better provide recommendations to fit your needs. We will ask you some questions like:
- “How many commercial vehicles does your company have?”
- “How many miles are on each vehicle?”
The answers to these questions will help us produce an accurate quote. Call us directly at (800) 641-7488 or reach out online to get affordable commercial auto insurance today.
