Commercial
vehicles are commonly an integral part of many businesses.
Commercial Vehicle Coverage can be written as part of the
Business Owners Package, or may be written as a separate
Monoline Auto Policy.
We insure light pickup trucks, panel
delivery trucks, walk-in type trucks, van type trucks, flat
rack trucks, some passenger vehicles.
Please let us contact you:
Just fill out
the form below and
licensed agent will contact you same business day. Thank you.
We do not insure trucks carrying
flammable liquids, dump trucks, bus service, vehicles with
cranes, emergency vehicles, antique, late model, classis or
collector vehicles, vehicles over 20,000 lbs, vehicles with
radius over 200 miles written on a monoline auto policy.
A business
automobile is a motor vehicle that is customarily used in the
business, profession or occupation of its owner. It can have
two, three, four or more wheels, operated on land. This class
includes many types of vehicles, such as private passenger
automobiles, panel and pickup trucks, and trailers.
If you are running a home-based business you may assume your
personal auto insurance is enough, but this isn't always the
case. Talk to your insurance agent about how often you use the
vehicle for work, and he or she should be able to help you
decide what's best. If it turns out you need to add business
coverage, you can expect to pay a bit more than you are paying
for your personal auto policy.
If your business owns a company car, however, there's
no way around buying a commercial auto policy, which is meant to
protect your business's assets in the event of an accident. This
is an absolute must.
Liability
will be the biggest factor in your business auto policy when it
comes to protecting your business. Bodily injury liability will
protect your business from being sued for bodily injuries, lost
wages, or death by a person involved in an accident with one of
your employees. Property damage liability will cover the cost of
damages done to property and structures not owned by your
employee or business in the event of an accident.
If your
employees use their own cars for company business, you can
get protection in case your employees get involved in an
accident. You would be protected if someone sued your company
for the resulting damage or injury.
Commercial
auto policy would protect you in case you were ever sued because
of an accident involving a vehicle your company has rented,
loaned or leased. It would also cover damages you are
legally required to pay due to bodily injury or property damage
that occurs during the use, loading or unloading of hired or
non-owned vehicles used for your business.
Medical
payments. If your employee is in an accident and the other
person involved is hurt, it will cover the cost of treatments of
that person.
It is important to have collision and comprehensive insurance
since it will protect your property. Collision will cover the
cost of repairs for damage done to a company car in the event of
an accident. Comprehensive coverage takes effect if your car is
broken into, vandalized, or damaged during a natural disaster.
Uninsured/Underinsured motorists coverage protects you in
case you are involved in an accident with a driver who has
inadequate insurance coverage, or none at all, this will kick in
and cover damages and injuries.
To keep your costs down:
Raise
your deductibles. This will bring your premiums down. Just
make sure you'll be able to afford those deductibles if you
ever need to pay them.
If you do
own company cars, drop collision coverage if repairs will end
up costing more than the cars are worth.
Choosing a company car that doesn't cost much to repair or is
an older model can also lower your premiums.
