Mar 04, 2015
Driving your personal vehicle without insurance is illegal, and unsafe in the event of an accident. So why would you treat your company vehicles any different? Whether your business has one employee or hundreds, a single moped or a fleet of trucks, commercial auto insurance can prevent quite the headache when it comes time to file accident claims.
Think of commercial auto insurance as a large-scale version of the insurance you have for personal automobiles; not only does a commercial insurance policy protect the drivers of your commercial vehicles, but it also protects the vehicles themselves and all other assets of your business. These policies will protect your business from the risks involved in everyday business commuting, which is almost always every business owner’s greatest exposure.
Most commercial auto insurance policies cover the following:
If your business uses vehicles for transporting goods or to conduct a service; if the nature of your work involves heightened liability risks; if your business hauls tools, trailers, or other heavy equipment, or if your company has hired employees for operating vehicles, investing in a commercial auto policy is essential.