By TE Cunningham

Commercial auto insurance is a crucial component of risk management for businesses that rely on vehicles for their operations. Whether you own a small fleet of delivery vans or operate a large trucking company, understanding what commercial auto insurance covers is essential for protecting your assets, employees, and bottom line. In this guide, brought to you by TrustPoint Insurance & Real Estate, we’ll delve into the key aspects of commercial auto insurance coverage to help you make informed decisions about protecting your business on the road.

What Can Commercial Auto Insurance Cover?

  • Liability Coverage: Commercial auto insurance typically includes liability coverage, which pays for bodily injury and property damage expenses resulting from accidents for which your business is at fault. This coverage is essential for protecting your business from costly lawsuits and medical bills.
  • Property Damage Coverage: Property damage coverage reimburses the cost of repairing or replacing vehicles and other property damaged in accidents involving your commercial vehicles.
  • Collision Coverage: Collision coverage pays for the repair or replacement of your commercial vehicles if they are damaged in collisions with other vehicles or objects, regardless of fault.
  • Comprehensive Coverage: Comprehensive coverage provides protection against non-collision-related incidents, such as theft, vandalism, fire, and natural disasters.
  • Medical Payments Coverage: Medical payments coverage pays for medical expenses incurred by you and your passengers in accidents, regardless of fault.
  • Uninsured/Underinsured Motorist Coverage: This coverage protects you and your passengers if you are involved in an accident with a driver who either has no insurance or insufficient insurance to cover your losses.
  • Cargo Insurance: For businesses that transport goods, cargo insurance provides coverage for the loss or damage of cargo during transit.
  • Rental Reimbursement Coverage: Rental reimbursement coverage reimburses you for the cost of renting a replacement vehicle while your commercial vehicle is undergoing repairs due to a covered loss.
  • Non-Owned Auto Coverage: If your employees use their personal vehicles for business purposes, non-owned auto coverage extends liability protection to those vehicles.

What Kind of Vehicles Are Covered by Commercial Car Insurance?

Business vehicles covered by commercial auto insurance include:

  • Box trucks
  • Company cars
  • Commercial trucks and van
  • Food trucks
  • For-hire livery
  • Tow trucks

Why TrustPoint Insurance & Real Estate?

TrustPoint Insurance & Real Estate specializes in providing tailored insurance solutions for businesses, including comprehensive commercial auto insurance coverage. With our industry expertise and personalized service, we can help you navigate the complexities of commercial auto insurance and find the coverage that best fits your business needs and budget. Whether you’re a small business owner or a large corporation, we’re committed to helping you protect your assets and minimize financial risks on the road.

Commercial auto insurance is an essential safeguard for businesses that rely on vehicles for their operations. By understanding what commercial auto insurance covers and partnering with TrustPoint Insurance & Real Estate, you can ensure that your business is adequately protected against the various risks of operating commercial vehicles. Contact us today to learn more about our commercial auto insurance options and take proactive steps towards protecting your business on the road.

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