What Is Commercial Vehicle Insurance
What Is Commercial Vehicle Insurance. Commercial auto insurance is a form of business insurance that protects against physical damage to an organization’s vehicles (cars, trucks, etc.) and certain types of liabilities. Commercial auto insurance is coverage that helps businesses that own and operate motor vehicles cover the cost of property damages, vehicle repairs, medical expenses, and legal liabilities after a covered incident.
Your commercial insurance agent can answer any of your questions and work with you to protect your property and your employees. What is commercial vehicle insurance ? Commercial vehicle insurance provides coverage for any vehicle you use for business purposes and for your commercial drivers.
Ad · get liability insurance for your business.
A private car has lower exposure to risk than a commercial vehicle. Thus, it keeps the insurance premium of private car insurance low. As a business owner, you can get commercial vehicle coverage for a single vehicle or a fleet of vehicles.
This not only helps protect you, your employee(s), and business assets, but in many cases commercial auto insurance or commercial truck insurance is required by law.
This is because a private car is generally used less and the chances of an accident or liability are lower. Commercial car insurance has many of the same coverage components as standard auto insurance. A standard commercial auto insurance policy is a type of liability insurance that covers property damage and bodily injury that may result from an accident involving a vehicle used for business.
Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy.
The trucking policies start with primary liability and build upon that foundation with various additional coverages. Commercial auto insurance helps cover the financial liability placed on your business in the case of a car accident while doing anything related to your business. Commercial auto insurance is a coverage that is required if your business owns a vehicle or if you use your personal vehicle for business purposes.
If you have vehicles you use for your business operation or are owned by the business, you will need a commercial auto insurance policy.
State farm can provide the extra financial protection your business needs. Do you use your personal vehicle for business use? Find an agent & learn more now!
Commercial vehicle insurance provides coverage for any vehicle you use for business purposes and for your commercial drivers.
Commercial auto insurance is a form of business insurance that protects against physical damage to an organization’s vehicles (cars, trucks, etc.) and certain types of liabilities. Coverage protects your commercial vehicles from weather damage, accidents, and many other types of incidents. Contact an agent now, and get the support you need to find the right commercial vehicle insurance rates for your business.
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