What Can You Benefit From Commercial Auto Insurance

7/1/2019

When you are running a business, you may be confused if you need commercial auto insurance when you already have standard auto insurance. However, commercial auto insurance provides your business with different benefits compared to a standard one. The protection it provides excee your personal auto insurance.

Regardless of who is driving the vehicle, your commercial auto insurance can protect you and your business. So, while personal auto insurance comes with lower costs, the benefits of commercial auto insurance are all worth the cost.

Here are some of the following benefits that you can get from it:

Protection For Equipment And Machinery
Most businesses use tools and equipment to help them in their operation. Some of them are used while using their company vehicles. For example, using equipment for hydraulic lifts or catering business.

In the event that they get damaged, your commercial auto insurance can provide you funds for replacement.

Ideal For Your Fleet Lease
When it comes to leases, they require companies to keep commercial auto insurance as a way to protect them in case your business suffers from an accident. Lessees want to protect their interests by reducing some risks when damages occur to the business.

Obtain Higher Limits
Every time you drive your vehicle, the risk of getting into an accident is always there. This is also the case for your driver employees. Wrecks that involve company vehicle are no joke, as it could result in lawsuits.

A standard auto insurance policy cannot cover all the medical expenses, attorney’s fees, and punitive damages. The good news is, commercial auto insurance can give you higher limits and can cover all the vehicles in your company.

Protect Your Drivers
The drivers in your company are among those people who help you keep your business operating. They need to drive the vehicles in order to conduct business. You entrust them to do their job properly and get the work finished on time. But, accidents can happen while driving vehicles on the road. Thanks to commercial auto insurance, you have protection against at-fault accidents and lawsuits.

Conclusion
Undoubtedly, commercial auto insurance should be part of your business plan. Talk to a professional insurance agent to understand further what it can do to your business.

At CSIS Insurance Services, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 501-2747 or Click Here to request a free quote

3 Comments

David Johnson link

1/9/2020 12:17:37 pm

You make a good point that every time you drive a vehicle, the accident threat is always there. My boss is looking for ways to improve employee experience this year. We'll have to get commercial vehicle insurance.

Kari Kubanet link

1/9/2020 12:24:05 pm

Thanks for your comment. Please contact me when you are ready to proceed with a quote!

Adam Golightly link

2/18/2021 04:17:31 pm

I can see how a business could really benefit from getting the right insurance for their cars in order to be more effective. Making sure that they can get some help from a professional could allow them to get the right coverage. It was interesting to learn about how they can protect all of the cars in the fleet with higher limits, and can protect their drivers.