Coverage To Protect Your Business From Risks on The Road
You spend a lot of time and money running your business. That’s why it makes sense that you’d want to protect yourself from any unexpected events with insurance coverage.
Commercial Auto Insurance is a type of insurance coverage that helps protect businesses from financial loss if an employee is involved in a car accident while operating a company vehicle. As a business owner, it’s essential to understand the different types of coverage available and how they can help protect your company.
When choosing a policy, it’s important to work with an insurance agency that understands the unique needs of your business, like The Peak Agency. With the right coverage in place, you can rest assured that the right policy will protect your company in the event of an accident.
Understanding Commercial Auto Insurance
Commercial auto insurance can cover business-owned vehicles, like fleets of vehicles or trucks, and even your own car, as well as those you rent, lease or borrow. It can also help when employees use their personal vehicles for business.
Commercial auto insurance isn’t included in your commercial insurance policy. But you can purchase it separately, and most states require businesses to have a minimum amount of commercial auto insurance.
Commercial auto insurance can protect your business from liability in the event of an accident involving a business-owned vehicle. It can also help pay for damage to the vehicle itself. If you’re using your personal vehicle for business purposes, your personal auto insurance policy may not cover you in the event of an accident. That’s why it’s important to understand the coverage options available through commercial auto insurance.
Speak with your insurance agent from The Peak Agency to learn more about how commercial auto insurance can protect your business.
Type Of Vehicles Covered by Commercial Auto Insurance
Businesses that use vehicles for business purposes should make sure that they have adequate commercial auto insurance coverage in place. Commercial auto insurance can cover a wide range of vehicles, including:
– Pickup trucks
– Box trucks
– Service utility trucks
– Food trucks
Commercial auto insurance is an essential piece of the puzzle for businesses that rely on vehicles to conduct their operations.
Who Needs Commercial Auto Insurance?
You need commercial auto insurance if your business owns or uses vehicles for business purposes. There are many different types of businesses that need commercial auto insurance, including:
– Electricians, plumbers, and HVAC professionals
– Contractors like carpenters, painters, and other
– Landscapers and Snow plowers
– Caterers and vendors
– Others – real estate, sales, service calls
In general, any business that owns or leases a vehicle should consider commercial auto insurance to protect its investment and limit its liability in case of an accident.
Commercial Auto Insurance Coverages
Commercial auto insurance is a type of insurance that protects businesses that use vehicles for business purposes. Commercial auto insurance policy typically includes:
- Liability coverage protects the business from claims arising from accidents that the business is liable for.
- Physical damage coverage protects the business from claims arising from damage to the vehicle caused by an accident.
- Medical payments coverage pays for medical expenses incurred by the business’s employees due to an accident.
- Collision coverage pays for damage to the vehicle caused by an accident.
- Comprehensive coverage pays for damage to the vehicle caused by non-accident events such as theft or vandalism.
- Uninsured motorist coverage pays for damages to the business’s employees and vehicles when involved in an accident involving an uninsured driver.
- Hired auto coverage protects vehicles that are rented or leased by the business.
- Non-owned coverage protects vehicles that are not owned by the business but are used for business purposes.
- Any auto coverage protects any vehicle used for business purposes, regardless of whether the business owns it.
Commercial auto insurance policies can be complex, so it’s important to work with an experienced agent from The Peak Agency who can help you select the right coverage.
Get a FREE, No-Obligation Quote for Commercial Auto Insurance Today!
Commercial auto insurance is a must for any business that uses vehicles in its day-to-day operations. Whether you have a fleet of delivery trucks or use your personal vehicle for business purposes, this insurance offers protection in the event of an accident. The best way to determine which coverages you need and how much they will cost is to get a quote. A knowledgeable agent from The Peak Agency can help you assess your risks and identify the right coverage for your business.
Don’t wait until it’s too late – get a FREE quote today and protect your business tomorrow. Contact The Peak Agency today at 405-332-5568.
Why Choose The Peak Agency For Your Commercial Auto Insurance?
We have years of insurance experience helping clients prepare for the unknown.
We are are a no pressure, no hassle company who gets you covered efficiently for your insurance needs.
We provide a personalized business or individual assessment and help protect your hard-earned assets.
OTHER AVAILABLE INSURANCE
This will protect you and your vehicle in the event of an accident. It can help cover repairs, or replacement costs if your car is totaled. Some policies even cover rental cars.
This type of policy that protects the assets and business operations of individuals or organizations. It can help with covering physical property such as buildings, etc.
This helps protect your home, family, and valuables from damage or theft. A standard homeowners policy will cover you for major structural damages like fire and burglary.
This protects in case there are any accidents at an oil field, on production equipment near natural gas fields, and even during transportation for personnel.