Commercial Auto Insurance
Commercial auto insurance is a business insurance policy that applies to autos owned by or used in your business that protects your business against liability for damages caused by accidents involving your business autos and provides certain compensation to occupants of your business autos injured in accidents.
If your business owns vehicles, a commercial auto insurance policy can provide valuable financial protection to you and your employees while driving a company owned vehicle or a hired or personally-owned auto in your business operations. It’s important to know that a personal automobile insurance policy usually does not cover vehicles used in the operation of your business.
What does Commercial Auto Insurance cover?
Commercial auto insurance typically provides coverage for: liability damages; collision or comprehensive physical damage loss to your business autos; medical expenses for injury to occupants of your business autos; and damages sustained by occupants of your business autos due to the negligence of an uninsured or underinsured motorist.
The commercial auto policy provides physical damage coverage for vehicles you own, lease, hire or use in your business and liability coverage for bodily injury and property damage caused to others by your use of the insured business vehicles.
It can include two types of physical damage coverage for your insured vehicles:
- Collision loss: damage from auto accidents.
- Comprehensive loss: damage from weather, theft and other non-collision causes.
It also includes two types of liability coverage:
- Bodily injury coverage: for accident-related injuries to others when you’re at fault.
- Property damage coverage: from accident-related damage to someone else’s property, such as a car or house, when you’re at fault).
General Liability
Commercial general liability insurance (CGL) covers common lawsuits that arise from everyday business activities. It protects against customer injuries, damaged customer property, however, many exclusions still apply.
Workers' Compensation
Commercial general liability insurance (CGL) covers common lawsuits that arise from everyday business activities. It protects against customer injuries, damaged customer property, however, many exclusions still apply.
Commercial Auto
Commercial general liability insurance (CGL) covers common lawsuits that arise from everyday business activities. It protects against customer injuries, damaged customer property, however, many exclusions still apply.
Business Property
Commercial general liability insurance (CGL) covers common lawsuits that arise from everyday business activities. It protects against customer injuries, damaged customer property, however, many exclusions still apply.
Excess Liability
Commercial general liability insurance (CGL) covers common lawsuits that arise from everyday business activities. It protects against customer injuries, damaged customer property, however, many exclusions still apply.
Inland Marine
Commercial general liability insurance (CGL) covers common lawsuits that arise from everyday business activities. It protects against customer injuries, damaged customer property, however, many exclusions still apply.