Commercial Auto Insurance
Commercial Auto Insurance Information
Commercial Auto Insurance
If you need to use a vehicle for business purposes, you’ll likely need to secure a commercial auto insurance policy to ensure you’re properly protected. Most personal auto insurance policies exclude coverage for business use (outside of commuting to work), which means that if you own a business and lease, rent or own vehicles; use your personal vehicle; or have employees use their vehicle for business purposes, you may need to purchase a commercial auto insurance policy.
Link Insurance Services is here to help you identify your commercial auto insurance needs and get the right coverage today. Call us to learn more about your insurance options.
What Does Commercial Auto Insurance Cover?
You must protect your company drivers and vehicles with the proper amount of insurance. These five items are helpful to keep in mind when making your coverage decisions:
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Comprehensive coverage—Commercial auto insurance can give you complete protection for damages unrelated to an accident (e.g., losses related to theft, floods, vandalism and fires).
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Liability coverage—Commercial auto insurance can offer a range of protection if you damage another person’s vehicle or property in an accident.
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Medical payment and lawsuit coverage—Commercial auto insurance may offer protection for accident-related expenses and medical costs, lost wages and even legal fees if a lawsuit is filed against you.
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Physical damage and collision protection—Commercial auto insurance may reimburse you for the costs of vehicle repairs you may need following a crash, regardless of who is at fault. Many policies may even cover uninsured and underinsured motorists, providing an extra layer of protection.
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Optional add-ons for more protection—Commercial auto insurance policies may be tailored to include policy endorsements such as roadside assistance coverage, new vehicle replacement cost coverage, towing reimbursement, rental reimbursement and gap coverage for auto loans or leases.
How Much Does Commercial Auto Insurance Cost?
When you purchase auto coverage for your business, you can generally choose the type of coverage, deductible and limits you want for your company’s drivers. By having the appropriate coverage, you can have peace of mind knowing your drivers are protected if they have an accident or damage unrelated to a collision.
The cost of your business’s commercial auto insurance depends on several factors, including:
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Number of vehicles
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Vehicle type and value
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Level of risk involved
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Claims history
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Employee driving records
Get Covered Today
Whether your business owns one vehicle or a fleet, we can help you make the right choice for your commercial auto insurance. Call 937-695-0611 today to speak with a Link Insurance Services team member and find out more about what commercial auto policies may be available to you.
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