Commercial Auto Insurance Quote
Many employees drive daily for business. These vehicles may be leased, rented or owned by companies. They may include employees using their vehicles for company needs, such as transporting materials and tools, hauling goods for deliveries or meeting with customers. An employee’s auto insurance doesn’t usually provide adequate coverage for business-related driving, so commercial auto insurance is essential.
What Is Commercial Auto Insurance?
Commercial auto insurance comprises various coverages, including:
Comprehensive coveragecan providecomplete protection for damages unrelated to an accident, such as losses related to theft, floods, vandalism and fires.
Liability coverage may provide repair costs for the other person’s vehicle or property. It also can provide coverage for the legal fees associated with a lawsuit for personal injury.
Medical payment may provide coverage for passengers and the driver when there is a need for medical care resulting from an accident.
Collision coverage may cover vehicle repair costs if an insured vehicle collides with another vehicle or object. Collision insurance may also help replace a totaled vehicle.
Uninsured motorist coverage provides bodily injury coverage if an uninsured driver hits a business’s vehicle and injures its driver and passengers. Some uninsured motorist coverage also covers damage to the company vehicle.
What Does a Commercial Auto Insurance Policy Cover?
Commercial auto insurance is usually customizable, with many policyholders adding endorsements to round out their policies. Add-ons may include roadside assistance coverage, new vehicle replacement cost coverage, towing reimbursement, rental reimbursement and gap coverage for auto loans or leases.
The cost of your commercial auto insurance policy depends on a few factors, including the quantity and value of the vehicles and their use. The team at Matt Roenker Insurance Agency can create a policy that fits your business’s needs and budget.
How We Can Help
Commercial auto insurance applies to the vehicles you use in your business operations. Learn how to secure a policy of your own by calling the Matt Roenker Insurance Agency at 757-671-1111.