Commercial auto

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Commercial Auto

A commercial auto insurance, also known as business auto, provides financial protection for company vehicles and its drivers, including auto liability and physical damage coverage. It also includes garage, motor carrier and truckers coverage form. Regardless of fault, your employees in an on-the-job collision will receive coverage for medical injuries.

Most states require a minimum amount of commercial auto liability insurance but you should always ensure you have sufficient levels of coverage to protect your business from related claims. In general, commercial auto insurance can provide coverage for all of these risks:

  • Comprehensive and Collision
  • Personal Injury Protection (PIP) Coverage
  • Medical Payments
  • Loss of Earnings
  • Uninsured and Underinsured Motorist Coverage
  • Emergency Roadside Assistance
  • Gap Coverage

“Bailee Coverage” can be added as an additional coverage if needed which insures property loss or damage when the auto is in your company’s care, control, or custody. Premium for commercial auto Insurance is largely dependent on the type, value, use, and location of the vehicle as well as the drivers’ history.

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