For business-owned vehicles, nearly every state requires commercial auto insurance coverage. Commercial Auto Coverage can provide financial protection if you or an employee is in an accident and needs medical care, or faces legal expenses. This coverage can assist with the financial burden of these types of medical or legal fees. Even if your business is not required to obtain auto insurance coverage, it is still a smart choice. Without it, you could end up paying thousands of dollars in medical bills and other costs.
Commercial Auto Insurance Coverage:
Auto Accident Liability
Repair costs for the other person’s damaged vehicle or property
Legal expenses if you’re sued over the other driver’s injuries
Medical Payments
Your medical expenses if you’re injured in a car accident
Medical expenses for passengers in your vehicle
Physical Damage & Collision
Vandalism
Fire and certain weather events
Impact with another object
Accidents Involving Uninsured Motorists
When an uninsured motorist caused an accident, they might not be able to pay for damages.
Your policy’s uninsured motorist coverage makes sure your business doesn’t have to pay for the resulting medical expenses or vehicle repairs.