Commercial Auto Insurance
Commercial Auto Insurance Information
When running a business either from home, locally or abroad, you will want to make sure every asset of your hard work is protected. If you or your employees travel for work, you will need a specific insurance tailored for your needs.
Commercial auto insurance through Florida Best Quote can help protect your company’s vehicles, your drivers and everyone else on the road in case of an accident. When searching for insurance to protect your business, ask an agent about protecting vehicles used by your company for work. Our dedicated insurance agents will help sort through policies to find you the best coverage for your business’ vehicles.
What is Commercial Auto Insurance?
Commercial auto insurance is a type of business insurance designed specifically to protect vehicles owned or used by your business for work purposes. This policy often comes separate of commercial property insurance policies and other package policies, such as BOPs (business owners policy).
What Does Commercial Auto Insurance Cover?
Commercial auto insurance policies offer a lot of coverage similar to that available under personal auto insurance. Coverage may include:
Comprehensive Coverage: Comprehensive coverage provides compensation from damages to the vehicle caused by fire, wind, hail, lightning, smoke, theft, vandalism and other incidents not involving collision.
Collision Coverage: Collision coverage provides compensation for damages to the vehicle caused by a collision with another vehicle or object.
Liability: Liability insurance covers expenses related to bodily injury and property damage the driver may cause someone else while operating the insured vehicle.
Personal Injury Protection: Personal injury protection (PIP) covers medical bills for the driver and their passengers after an accident regardless of fault.
Uninsured/Underinsured Motorist: This insurance covers accidents involving another driver who is not carrying insurance.
There is also Hired or Non-Owned Auto, which covers vehicles used or borrowed but not owned by your business. If you rent out or borrow vehicles, you may need this additional coverage to protect against an accident.
Protect Your Commercial Vehicles with Florida Best Quote
Your business deserves the best protection. Florida Best Quote is dedicated to helping provide that protection so that you can focus on making your business as successful as possible without worrying about an accident or lawsuit purring your income in trouble.
Call us at 727-755-0072 or fill out a quote form to get started today.
Common Commercial Auto Insurance Questions
Commercial auto insurance operates similarly to personal auto insurance. The main difference is that the policyholder (in this case, the business owner) won’t necessarily be the one operating the vehicles. Instead, you may pay monthly premiums for coverage to protect employee-operated vehicles.
The cost of commercial auto insurance varies depending on your location, coverage limits, value of the vehicle, driving record, credit score and more. This is why it is important to make sure only trusted employees are allowed behind the wheel of your company’s vehicles. Fill out a quote form to find out how much you can save on commercial auto insurance.
Commercial auto insurance is crucial for protecting your business and its physical assets. One accident could lose you money when it comes to damage to the vehicle and its contents, but also when it comes to employee injuries and liability claims. If an employee gets in an accident, your business could be held liable.