Commercial Auto Insurance
A vehicle that is used within the context of business must have its own policy; a personal car insurance policy is not enough, as it won’t cover items that relate to business. If your business uses vehicles to perform routine or even occasional operations, a commercial auto policy is a must.
Commercial auto insurance provides broad protection that can be important to many people, including truck drivers, construction contractors, snow plow operators, restaurants, landscapers, couriers, business owners/field salespersons, and even standard local supply deliveries.
The common types of personal car insurance coverage also apply to commercial auto insurance, such as:
- Bodily injury liability.
- Property damage.
- Medical payments.
- Personal injury protection (PIP).
- Uninsured/underinsured motorist.
As a commercial vehicle driver or owner, you may be required to carry some or all of these coverages. Even if your business type is not listed, you may want to consider one of these plans. A solid commercial auto insurance plan can help you avoid a financial disaster, regardless of whether you’re an independent contractor, owner or the CEO of a multi-million-dollar company.