A Short Guide To Business Auto Insurance

Many businesses utilize vehicles for various work purposes. If your business falls into this category, you should be aware that personal auto insurance policies do not provide the necessary coverage to protect work vehicles. Commercial vehicles are exposed to a higher level of risk than personal vehicles and this creates a need for better coverage. Business auto insurance can provide the coverage you need.

What Is Business Auto Insurance?

Business auto insurance, otherwise known as commercial auto insurance, is a type of insurance coverage that is designed to protect vehicles used for commercial purposes from a variety of common risks. Business auto insurance policies typically have higher limits than personal auto insurance policies, due to the increased amount of risk faced by business vehicles.

What Is Covered By Business Auto Insurance?

Business auto insurance can provide compensation for costs associated with a variety of incidents.  Some of the things that are covered are:

  • Damage to your vehicle
  • Injuries sustained by the driver
  • Injuries inflicted on a third-party
  • Damage to someone else’s property

What Vehicles Can Be Insured With Business Auto Insurance?

Most vehicles can be insured by business auto insurance, with a few exceptions. Vehicles covered include:

  • Cars
  • Vans
  • Food trucks
  • Box trucks
  • Pickup trucks
  • Utility trucks

Utilizing vehicles for commercial purposes opens you up to a certain amount of risk. Business auto insurance can make all the difference.