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Commercial Auto Insurance

Customer Friendly Commercial Auto Insurance

Introduction

Good commercial car insurance is designed specifically for vehicles that are used in the operation of a business. This protection safeguards a policyholder from liability issues and from costly repair bills should a commercial vehicle be damaged in the operation of the business.
This coverage helps all kinds of businesses that, in some way, utilize vehicles for business operations. It is often required by law, but is also important so that business owners can mitigate many of the legal, medical, or repair costs that can result from accidents or other events that a business owner using vehicles will face. Both large and small businesses can benefit by this kind of valuable coverage. Whether one has a fleet of vans or trucks or simply uses one sedan for making deliveries, it is important to know that, without coverage, one fateful accident can result in a significant loss that can adversely affect the business.

How it Functions

A business auto policy is similar to a personal policy. As with typical personal car insurance coverage, a company seeking coverage must first determine what policy components they might need and the necessary levels of protection.

Kinds of Commercial Vehicle Coverage:
• Personal Injury
• Bodily Injury (to others)
• Collision (with other vehicles)
• Property Damage
• Damage Due to Loading and Unloading
• Rental Assistance During Repair
• Comprehensive Coverage
• Towing & Roadside Assistance

Big Benefits

If the company vehicle is utilized for commuting and for the occasional running of business-related tasks, the insurance provider may benefit greatly from a commercial auto insurance policy. In short, if the vehicle is used for more than one’s normal commute to work, it is important to consider this specialized coverage protection.

Good Coverage

Obtaining the proper coverage for a particular company vehicle depends on issues such as if the vehicle is owned or leased. Also, is the vehicle owned under an individual’s name or by the business? Is it utilized for just commuting or is it essential in the operation of the business? Who will be driving the vehicle is also an important consideration. As the business owner, these are necessary questions to answer when considering coverage. Purchasing the right commercial car insurance often means not buying the cheapest. Factors such as the business location and type, the kind of vehicles to be covered, the driving histories of potential drivers, and the level of coverage needed for the vehicles, are all vital in determining the cost.






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