Most businesses utilize an automobile in their day-to-day operations. Whether your company’s delivery truck transports goods or your entire business centers around the operation of a fleet of automobiles, commercial auto insurance is necessary to protect your vehicles, drivers and your business as a whole.
With auto accidents resulting in over 3 million injuries per year in the United States, auto coverage is not something you can afford to forego. In most states—including California—auto liability insurance is required by law. If you own a business, consider purchasing additional coverage.
Types of Commercial Auto Coverage
- Liability coverage: A basic liability policy is required by law in most states. It protects your assets if one of your company drivers is responsible for injuries caused to another person or damages caused to another’s property.
- Uninsured motorist coverage: All states except Virginia and New Hampshire require their drivers to carry liability insurance, but that doesn’t mean that all drivers do. Uninsured motorist coverage protects your assets if one of your company drivers is involved in an accident with an uninsured or underinsured driver.
- Physical damage coverage: Should one of your drivers damage your company vehicle, physical damage coverage pays for the repairs.
- Medical payments coverage: If one of your drivers or a passenger in your company vehicle is injured in an accident, medical payment insurance will cover the costs of medical treatment.
Remember that even if you use your own car for business purposes, your personal auto insurance will not compensate you if an accident occurs while on company time or while performing company business. You must have commercial auto insurance if you use your own car for business purposes in any capacity.
Commercial Fleet Coverage
For some businesses—such as delivery truck, limousine and taxi services—automobiles aren’t just part of the business, they are the business. If you own a fleet of vehicles, Crusberg Decker Insurance Services, Inc. can help you insure them all at a discounted rate. Remember, your fleet doesn’t have to consist of all buses or all vans—a fleet is considered all the vehicles that your company utilizes, no matter the type.
For more information on how Crusberg Decker Insurance Services, Inc. can protect your business and save you money, contact us at 877.536.1250 or fill out the form on this page.