
Commercial Auto Insurance is a liability and damage coverage for business vehicles such as company cars, commercial trucks, and other business-usage vehicles. This auto insurance is made for the benefit of businesses that use vehicles and are purchased and maintained by the business owner.
This type of auto insurance policy provides coverage for vehicles used for a business as well as for the drivers who use them. Using business auto insurance protects and covers employees as well as the business from liability claims and potential lawsuits with varying degrees of coverage for a number of different accident cases.
If there is a collision with an object, such as a tree or a post, this insurance coverage assists with damage payment for the business vehicle.
Medical Payment Coverage makes sure that business owners and their employees are covered if they are hurt in an accident in one of the company vehicles.
This type of insurance is helpful in repairing damages that may incur if a business vehicle is vandalized, if something falls on it, or even theft.
Loading and Unloading Coverage gives the owner liability coverage just in case there is an accident and/or an injury in the process of loading or unloading one of a company vehicle.
This coverage comes into effect when a business owner or an employee is hit by a driver without insurance. This coverage ensures the business owner won’t have to pay for property damage or medical bills if it’s not necessary.
One of the major benefits of having Commercial Auto Insurance is being able to keep your business compliant with applicable state and local laws that state that business owners with company vehicles should have at least the minimum business auto insurance policy. So by having this insurance for your business, not only are you protecting yourself, your employees, and saving money, time, and hassle, but you are also abiding by the law.