CSIS Insurance Services, Inc.
  • Home
  • Quotes
    • Cyber Insurance Quote
    • Contractors Insurance Quote
    • Workers' Compensation Quote
    • Business Insurance Quote
    • Commercial Auto Insurance Quote
    • Business Owners Package (BOP) Insurance Quote
    • Course of Construction Quote
    • Inland Marine/Tools/Equipment Coverage Quote
    • Commercial Umbrella Insurance Quote
    • Commercial General Liability Quotes
    • Commercial Property Insurance Quote
    • Surety Bond Quote
    • General Liability Insurance Quote
    • Trucking Insurance Quote
    • Commercial Building Insurance Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Certificate of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Cyber Insurance
    • Contractors Insurance
    • Workers' Compensation
    • Business Insurance
    • Commercial Auto Insurance
    • Business Owners Package (BOP) Insurance
    • Commercial General Liability Insurance
    • Commercial Property Insurance
    • Surety Bond
    • General Liability Insurance
    • Trucking Insurance
    • Commercial Building Insurance
  • About
    • Why Choose CSIS
    • CSIS Brochure
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Helpful Links
    • Accessibility Statement
    • Blog
  • Contact
  • Home
  • Quotes
    • Cyber Insurance Quote
    • Contractors Insurance Quote
    • Workers' Compensation Quote
    • Business Insurance Quote
    • Commercial Auto Insurance Quote
    • Business Owners Package (BOP) Insurance Quote
    • Course of Construction Quote
    • Inland Marine/Tools/Equipment Coverage Quote
    • Commercial Umbrella Insurance Quote
    • Commercial General Liability Quotes
    • Commercial Property Insurance Quote
    • Surety Bond Quote
    • General Liability Insurance Quote
    • Trucking Insurance Quote
    • Commercial Building Insurance Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Certificate of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Cyber Insurance
    • Contractors Insurance
    • Workers' Compensation
    • Business Insurance
    • Commercial Auto Insurance
    • Business Owners Package (BOP) Insurance
    • Commercial General Liability Insurance
    • Commercial Property Insurance
    • Surety Bond
    • General Liability Insurance
    • Trucking Insurance
    • Commercial Building Insurance
  • About
    • Why Choose CSIS
    • CSIS Brochure
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Helpful Links
    • Accessibility Statement
    • Blog
  • Contact

CSIS Insurance Services, Inc. Blog

How Does Commercial Auto Insurance Compensate You?

10/9/2023

0 Comments

 
Picture
​A reliable insurance policy is a worthwhile investment for any business. There's no telling when disasters or any untoward incident may happen, and it's best to be prepared for such situations. 

Commercial auto insurance is one of the essential types of insurance in a business. If your business is the type that relies heavily on logistics, then it's best to have a policy ready in any case. 
What is Commercial Auto Insurance?
Commercial auto insurance is a policy that may cover automobiles used primarily for business operations and logistics. Aside from compensating for damages incurred in accidents, this policy may also cover incidents caused by insured vehicles. 

Additionally, this insurance may provide financial protection to your automobiles and employees, securing your business's logistics. This type of auto insurance often comes into types, each covering specific incidents. 
  1. Property Damage Coverage 
    This type of commercial auto insurance may compensate for damages to property caused by your business automobile in the wake of an accident. 

  2. Injury/Liability Coverage
    Conversely, injury coverage compensates for any injury or bodily damage caused by the business vehicle to others. 

What Does Commercial Auto Insurance Cover?
Insurance policies are one of the pioneer services in business, and over the years, policies and coverages have expanded due to the demand for more specific needs. 

Commercial auto insurance policies may differ in provisions and inclusions, usually depending on the needs of the insured party. The commonly available types of coverages are the following;
  1. Medical Coverage
    This policy may cover medical and sometimes funeral expenses caused by an accident or any untoward incident involving the insured vehicle. Regardless of fault, occupants of the vehicle involved would be entitled to compensation. 

  2. Personal Injury Coverage
    Similar to medical coverage, personal injury coverage may also entitle occupants of the business vehicle to compensation in light of an accident. It only differs in the provision, as personal injury coverage may compensate for medical bills and possible loss of income due to the incident's aftermath. 

  3. Liability Coverage
    One of the more in-depth types of commercial auto insurance policies, liability coverage, may compensate for injuries and damages caused by the vehicle at fault. The policy may extend to mitigating the effects of the incident, going as far as covering possible legal fees if a lawsuit is involved. 

  4. Comprehensive Coverage
    While most auto insurance policies emphasize accidents and injuries, many other incidents can cause damage to business vehicles. Comprehensive coverage may tackle incidents that are not natural accidents; it compensates for natural disasters, fire, exposure to elements, and vandalism. 

  5. Collision Coverage
    Another incident-specific type of auto insurance, collision coverage, is just as its name suggests. This policy may pay for damages caused by collisions and accidents. 

  6. Uninsured Motorist Coverage
    Commercial auto insurance has evolved many times to cover as much ground as possible regarding protection. The uninsured motorist coverage, a unique but useful policy, may compensate for damages caused by an uninsured or underinsured driver.

  7. Rental Reimbursement Coverage
    Rental vehicles, when used for business, may also be insured. Rental reimbursement may cover any damage to a rental vehicle up to a certain payout limit. 

What Businesses Are Eligible?
Just like other business insurance policies, commercial auto insurance has requirements that a prospect must be able to meet in order to get coverage. Factors such as business size, types of vehicles, employees assigned to drive/operate the vehicle, and risks involved are considered in assessing a business for eligibility. 

At CSIS Insurance Services, Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (888) 501-2747. Get your free quote today by CLICKING HERE.

Disclaimer: The information presented in this blog is intended for informational purposes only and should not be considered as professional advice. It is crucial to consult with a qualified insurance agent or professional for personalized advice tailored to your specific circumstances. They can provide expert guidance and help you make informed decisions regarding your insurance needs.​
0 Comments



Leave a Reply.

    Contact Us

    (888) 501-2747​
    3315 Old Conejo Road
    Thousand Oaks, CA 91320​
    Click Here to Email Us

    Archives

    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All
    Auto Insurance
    Business Insurance
    Business Owner Insurance
    Business Owner's Package (BOP) Insurance
    Commercial Auto Insurance
    Commercial General Liability Insurance
    Commercial Property Insurance
    Contractors Insurance
    Cyber Insurance
    FAQs
    Financial
    Insurance
    Local
    Safety
    Workers' Compensation Insurance

    RSS Feed

California License Number: ​0D80851

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

CSIS Insurance Services, Inc.​
3315 Old Conejo Road
Thousand Oaks, CA 91320
(888) 501-2747​
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash