Does your business have commercial auto insurance?
Does your work take you on the move? From deliveries to transporting materials to ridesharing, some businesses are constantly on the move. If so, then commercial auto insurance is required. Your personal insurance coverage many not cover you for an accident that occurs while on a work-related errand or during a service.
Before you buy the first policy that you see online, check out what commercial auto insurance can cover, and what options are available for your business.
Bodily Injury to Others – This coverage pays for injuries for those other than your passengers in your car if you’re at-fault for an accident. It also provides legal defense and court costs if you or your company get sued.
Collision – This coverage pays for any direct and accidents damage to your commercial vehicle caused by a collision. It pays out regardless of who is at fault.
Personal Injury – Coverage for medical expenses, lost wages, and replacement cost service in the event of a covered accident. Again, regardless of fault.
Comprehensive – This pays for direct and accidental damage to or loss of your vehicle in a non-collision (vandalism, theft, fire, wind, hail, flood, or hitting an animal.) Bear in mind that this isn’t a substitute for collision coverage!
Uninsured/Underinsured – Accidents happen. Sometimes they happen with a driver who does not have enough insurance or no insurance whatsoever. This coverage steps in to pay for bodily injury costs.
Towing and Labor – Broken down? Need to get the wedding cake to the happy couple pronto? This coverage pays for auto towing and labor due to a breakdown – even if there isn’t an accident!
Does your business have the right commercial auto insurance in place? Don’t know where to start? Give the experts at Nahai Insurance Services a call to get started on securing the all-encompassing protection for your business!