5 Benefits Of Commercial Auto Insurance

​Businesses of all sizes can only succeed with reliable vehicles. They must transport materials, goods, and tools safely to meet their customers' demands while earning a profit. Whether leasing, renting, or owning them, having access to functioning transportation is critical for companies needing mobility to achieve their goals.

Commercial auto insurance is designed to protect companies from the financial losses they might incur as a result of having vehicles on the road. Businesses with commercial auto coverage benefit in many ways, some of which are outlined below:

1. Protected Drivers and Passengers
   All drivers operating a covered vehicle should be listed on the policy to ensure they are protected from medical costs in the event of an accident. Coverage for passengers is also included, as well as uninsured or underinsured motorist coverage.
   
   Commercial auto insurance can also protect the company if a person not listed on the policy, such as an employee or contractor, is driving the vehicle.
   
   
2. Reduced Liability
   A comprehensive commercial auto insurance policy protects businesses if any of their vehicles get into an accident and cause damage to property or injury to another person. 
   
   Liability coverage also helps protect businesses from lawsuits due to negligence or wrongful acts arising from the use of a covered vehicle.
   
   
3. Protection for Permanent and Temporary Drivers
   Commercial auto insurance covers permanent and temporary drivers, including those who may not be regular employees of the business but are still driving on behalf of the company. 
   
   This is necessary because some businesses may employ contractors to drive their vehicles, and they need to be covered in the event of an accident.
   
   
4. Coverage for Business Property
   In the event of an accident, commercial auto insurance can help cover costs associated with business property that may have been damaged in the crash. This includes tools and equipment carried inside or outside a covered vehicle at the time of the incident.
   
   
5. Comprehensive Coverage
   Most comprehensive policies include coverage for hail and fire damage, vandalism, and theft. This can help businesses save money in the long run by reducing the cost of costly repairs. In some cases, the comprehensive coverage may also cover rental car costs, towing services, and emergency road assistance in the event of a breakdown.

Get Commercial Auto Insurance Now!
Commercial auto insurance is an excellent way for businesses to protect their vehicles and drivers from unexpected costs associated with an accident. With the right policy in place, companies can rest assured that they have the coverage they need when it matters most.

At CSIS Insurance Services, Inc., we put our clients first by offering them policies that they can afford. Insurance is a necessity nowadays, and we're here to help you. Learn more about our products and services by calling our agency at (888) 501-2747. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!