Commercial Auto Insurance
Commercial auto insurance covers collisions, property damage, bodily injury, comprehensive physical damage (theft, vandalism, flood, and other risks), and damages stemming from underinsured motorists for vehicles used for business purposes. Because individual automobile policies will not cover business use, a separate policy is required.
Commercial auto insurance is required for any vehicle that is registered as a commercial vehicle or carries a commercial license plate or tag. More broadly speaking, anytime a vehicle is used for business purposes, commercial auto insurance is needed.
Commercial auto and personal auto insurance work in similar ways. Both cover the same set of risks and the claims process is largely similar. Both policies also require the insured to pay a deductible before the payout begins.
Customer Benefits
Customers appreciate products or services that are tailored to their individual needs.
- Sustainability for a better planet.
- Time and cost savings for efficiency.
- Quality Health Insurance and Care
How Much Does Commercial Auto Insurance Cost?
Given the variability in business operations and the types of commercial vehicles available, it’s difficult to provide a benchmark or estimate. For small business owners, the cost typically ranges between $700 – $1,200 a vehicle, but that’s a general guideline.
Selecting and Purchasing Commercial Auto Insurance
Our highly trained agents will take the time to understand your business and the types of motor vehicle risks you face. From there we can determine the amount of coverage you need and compare prices across several insurance companies to get you the very best deal.
