The Basics Of Commercial Auto Insurance

​If you have a business that involves vehicles, then it is likely that you will need Commercial Auto Insurance. Commercial Auto Insurance covers any car used for commercial purposes. This includes cars and trucks, buses, taxis, limousines, and even heavy equipment like tractors or forklifts. Commercial auto insurance can be confusing because there are many different types of coverage to think about.

Commercial Auto Insurance 101
In this blog post, the basics will be covered so that you know what Commercial Auto Insurance does and does not include.

What Commercial Auto Insurance Covers:

• Crashes that involve your Commercial Vehicle and other vehicles
• Damage to your Commercial Vehicle from an external cause like fire, theft, or vandalism
• If you are in another vehicle while on a business trip and are in an accident, even if the driver of the other vehicle is at fault. Your Commercial Auto Insurance will cover for bodily injuries sustained by any passengers in your car during the time it was being driven for commercial purposes. It will also cover damages done to the personal property of those passengers who were not driving the car (for example, luggage) when they are inside the Commercial Car and any auto liability coverage that may be required by law.

Commercial policies may involve other coverage. These include rental reimbursement, towing and labor, and lease gap coverage. However, they generally do not extend to tools or other items stockpiled in your vehicle. A business owner’s policy is necessitated to cover tools owned by the company, while a renters or home insurance policy extends to personal belongings in the vehicle.

Commercial Auto Insurance Basics
Commercial Auto Insurance is required for any business that has commercial vehicles on the road. Commercial Car insurance coverage includes both liability and physical damage protection to protect your assets from claims by other drivers or passengers in your car as well as their property while they are inside the vehicle.

There’s more than one kind of Commercial Commercial Car insurance policy available, with various types including collision, comprehensive, fire, theft, and natural disaster.

Conclusion
Commercial policies may involve other coverage. So, it is important to be knowledgeable about the different coverage insurance providers offer. 

At CSIS Insurance Services, Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the 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.