Commercial Auto Quote
The commercial vehicle insurance world can be a complicated place to navigate, but this post is going to serve as a primer, answering common questions and concerns about which types of vehicles you can be covered for, and how much it will cost your business. Direct Auto Insurance representatives can help you find an affordable plan that keeps your fleet of business vehicles on the road and covered correctly.
Businesses that have more than one vehicle to cover could save if they purchased business fleet coverage, which is a kind of comprehensive coverage that has flexible options to help keep costs down. If you are running a small to midsize business that has two or more vehicles dedicated exclusively to the purpose of running the business, consider purchasing commercial fleet insurance. Just as no two small businesses are alike, no two work-vehicle fleets need exactly the same coverage for commercial vehicles. Most states require your company-owned vehicles to be insured against specific types of accidents under business motor coverage.
Almost any vehicle that you or your employees use for your business may be covered with commercial auto coverage products. Commercial car insurance helps to cover costs associated with accidents involving commercial vehicles. Commercial auto insurance provides insurance coverage for the vehicle, truck, or other authorized motor vehicle owned or leased by your business, in the event the vehicle is damaged or destroyed as a result of a covered loss. Commercial Auto Insurance is liability and physical damage coverage for vehicles, like cars, trucks, and vans, used for business.
Commercial Auto & Vehicle insurance provides coverage protections for your commercial vehicles, just as personal auto insurance protections your personal vehicles. Commercial car insurance coverage is much like your personal car insurance policy, except a commercial vehicle is one used primarily for business. Simply put, if your car is used for business (as opposed to for commutes), then you need a commercial car insurance policy in order to ensure it is adequately protected while on the road. Commercial policies generally cover vehicles that will see higher miles per year, and policies can be more expensive because of increased risks than those associated with personal auto insurance policies.
Commercial car coverage may differ from one insurance company to another, so it is important to understand policy details. When getting a commercial insurance quote, you will have a chance to select specific coverages that are right for your business. Your personal car insurance policy will specify exactly who is covered, and it might include only the insurance that covers employees driving vehicles that you own.
Whether your vehicles are necessary to your day-to-day operations or are only used for occasional business purposes, you will want a car insurance policy tailored specifically to your company. If a small business owner or one of his employees uses his or her personal vehicle for work-related tasks, like picking up clients or shipping products, it is important to know that his or her personal car insurance does not cover any damages should a crash happen when he or she is driving in that vehicle for work-related purposes. If the vehicle in question is used mostly for business purposes, then it is necessary to obtain business vehicle insurance coverage, since most personal car policies — either yours or that of one of your employees — will not cover accidents and incidents related to the business.
Fleet coverage typically includes commercial vehicle liability, physical damage, medical expenses, uninsured motorist, and rental car coverage. You have to carry some amount of commercial vehicle liability insurance in order to be considered a legal driver in almost all states. From liability and property damage protection, to coverage for theft and damages, commercial car and motor home coverage provides financial protection for your commercial vehicles. Special coverage is required for commercial vehicles used for specific purposes, such as transporting hazardous materials, providing first responder services, carrying schoolchildren, and providing transport services, such as taxis.
When you have a commercial policy through ERIE, you also get access to various resources, including help from a Risk Control Consultant, who can help you assess potential risks that your company faces, then suggest steps that can be taken to help mitigate those risks. With a few clicks, you can search for the partner GEICO insurance agency that your Business Owners Policy is with to find out about the policies services options and contact information.