Commercial Auto Insurance

WHy commercial auto insurance is a must for you?

If you have a small or medium-sized business which involves vehicles, commercial auto insurance is important for you. A commercial auto insurance policy can cover cars, trucks, and vans — or an entire fleet of vehicles. It is very important to have a commercial auto insurance policy as it will cover all of your vehicles and drivers and pay for the damage to a vehicle, injury, loss of a vehicle, loss of a driver and damage to the other party’s property.

There are numerous types of commercial auto insurance coverage to choose from. They are available depending on the need for coverage. Commercial auto insurance can provide primary coverage for legal responsibility and liability, cost of protection and more. Other coverage types include comprehensive and collision. Comprehensive covers repairs to your vehicle that may be caused by vandalism, theft or severe weather. Collision covers repairs and may restore or compensate for damage to a vehicle as a result of an accident.

Additionally, accident Benefits coverage pays for medical and rehabilitation expenses, funeral expenses, and economic loss due to disability or death resulting from road accidents. Third-party coverage provides compensation for the damages caused by your company driver to a third-party. Collision coverage reimburses the losses incurred by your vehicle as a result of a road accident. Comprehensive coverage pays for the damages or losses resulting from acts of nature, theft, vandalism, and accidents other than collision.