What You Need to Know About Commercial Auto Insurance

Protect your employees and company vehicles with the right commercial auto insurance.

If your company owns car, trucks, vans, or other vehicles, then it’s important that you put the right business auto insurance in place.  Additionally, you will also require this coverage if your employees use their personal cars for business purposes.  This is because personal auto policies will not cover liability and accident issues that arise when the vehicle is being used in a commercial capacity.  If you would like to protect your employees and company vehicles, then here’s what commercial auto insurance can do for you.

What is it?

Business auto insurance is very similar to personal auto policies.  These policies offer similar coverages such as bodily injury and property damage liability, collision, comprehensive, medical payments, and so on.  The major difference between a commercial and a personal auto policy is that business auto coverage is designed with the higher liability risks of commercial vehicles in mind.  This means that commercial policies tend to have higher coverage limits to better protect the extensive assets of commercial entities.

Do I really need it?

As previously mentioned, every business with company vehicles and every business that requires employees to use their personal cars for business purposes need to have business auto coverage in place.  Having this type of insurance is the only way to ensure that accidents and liability issues do not negatively affect your business.  If you do not have the protection offered by business auto insurance, then your business might be forced to pay damages and endure expensive lawsuits.

This is what you need to know about business auto insurance.  Do you want to secure the right commercial auto insurance for your contracting business?  Then don’t hesitate to contact the experts at Artisan Insurance Solutions for assistance with your coverage needs today.