BUSINESS AUTO INSURANCE

Business Auto Insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances

Do I need commercial vehicle insurance?

Let us help you determine the coverage you may need for your business.

While commercial vehicle insurance has some similarities to your personal auto policy, there are important differences in coverages, exclusions, definitions, limits and eligibility itself. Written and rated differently, commercial car insurance is needed for certain situations and vehicle types. Whether it’s transporting goods or people for a fee, using your vehicle to conduct a service, or employees operating a vehicle, you may need a commercial auto policy.

Business Auto Insurance coverage types

  • Bodily Injury Liability Coverage: Helps pay damages due to bodily injury to others for which you are responsible. If you are sued, it also helps pay your defense and court costs.
  • Property Damage Liability Coverage: Helps pay damages due to property damage to others for which you are responsible. If you are sued, it also helps pay your defense and court costs.
  • Personal Injury/Medical Payments Coverage: Helps pay reasonable and necessary medical and funeral expenses for covered persons.
  • Collision Coverage: Helps pay for a covered auto that is damaged by collision with another object. Coverage is subject to a deductible.
  • Comprehensive Coverage: Helps pay for loss of or damage to an insured vehicle, not caused by a collision or vehicle rollover. Coverage may be subject to a deductible.
  • Uninsured/Underinsured Motorists Coverage: Helps pay for injuries, and in some circumstances property damage, when you are involved in an accident with another person who is uninsured or does not have sufficient liability insurance. You’d be surprised how many people only carry minimum limits. Would you like to have the same coverage for yourself that you are providing the other person?
  • How much liability coverage do you need? No one can predict exactly how much you would have to pay if you or an employee were to cause an accident. Only you can decide how much protection you need so ask yourself how you would pay for any damages exceeding your coverage limits. The higher the limits on your commercial auto insurance, the more likely your policy will be able to pay all of the damages.
  • What amount of a covered loss are you willing to pay? A deductible is the portion of a covered loss that is your responsibility. For example, if you had a $500 deductible, you would need to pay $500 of the covered loss. Deductibles apply to both Collision and Comprehensive coverages accidents they cause.

We have the Business Auto Insurance to help meet your needs. Your Insuremart agent can help you determine what deductible amounts and coverage limits best fit your situation and provide business auto insurance quotes. 

b-surety-ins

  1. COMMERCIAL AUTO INSURANCE

 Commercial Auto Insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.

Business Auto Insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances

Do I need commercial vehicle insurance?

Let us help you determine the coverage you may need for your business.

While commercial vehicle insurance has some similarities to your personal auto policy, there are important differences in coverage, exclusions, definitions, limits and eligibility itself. Written and rated differently, commercial car insurance is needed for certain situations and vehicle types. Whether it’s transporting goods or people for a fee, using your vehicle to conduct a service, or employees operating a vehicle, you may need a commercial auto policy.

Business Auto Insurance coverage types

  • Bodily Injury Liability Coverage: Helps pay damages due to bodily injury to others for which you are responsible. If you are sued, it also helps pay your defense and court costs.
  • Property Damage Liability Coverage: Helps pay damages due to property damage to others for which you are responsible. If you are sued, it also helps pay your defense and court costs.
  • Personal Injury/Medical Payments Coverage: Helps pay reasonable and necessary medical and funeral expenses for covered persons.
  • Collision Coverage: Helps pay for a covered auto that is damaged by collision with another object. Coverage is subject to a deductible.
  • Comprehensive Coverage: Helps pay for loss of or damage to an insured vehicle, not caused by a collision or vehicle rollover. Coverage may be subject to a deductible.
  • Uninsured/Underinsured Motorists Coverage: Helps pay for injuries, and in some circumstances property damage, when you are involved in an accident with another person who is uninsured or does not have sufficient liability insurance. You’d be surprised how many people only carry minimum limits. Would you like to have the same coverage for yourself that you are providing the other person?
  • How much liability coverage do you need? No one can predict exactly how much you would have to pay if you or an employee were to cause an accident. Only you can decide how much protection you need so ask yourself how you would pay for any damages exceeding your coverage limits. The higher the limits on your commercial auto insurance, the more likely your policy will be able to pay all of the damages.
  • What amount of a covered loss are you willing to pay? A deductible is the portion of a covered loss that is your responsibility. For example, if you had a $500 deductible, you would need to pay $500 of the covered loss. Deductibles apply to both Collision and Comprehensive coverage
  • accidents they cause.

We have the business auto insurance to help meet your needs. Your Insuremart agent can help you determine what deductible amounts and coverage limits best fit your situation and provide business auto insurance quotes.

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