Why You Need Commercial Auto Insurance for Your Business

​If you frequently make use of vehicles when moving or delivering your products, you will need to make sure that your trucks, cars, or other vehicles are covered in commercial auto insurance. That way, if you face physical damage and other liabilities, you will not have to worry about the costs. Know more about commercial auto insurance below.

Why You Need it
There might be instances when your personal auto insurance cannot cover your vehicle. It will be because these policies are not meant for business and are written differently. A commercial auto insurance policy will also have more coverage and will be better suited for you as a business owner. Knowing when you need commercial auto insurance and personal auto insurance can still get confusing, so it will be better to talk to a financial advisor about your options.

What Does it Cover?
Commercial Auto Insurance has many similarities with your general car insurance. You can find small differences in their limits, exclusions, the definition of terms, and eligibility. Depending on your provider, different policies will have different terms and coverage, but in all of them, there are eight essential coverages. This includes bodily injury liability, property damage liability, combined single limit, medical payments, uninsured motorist, comprehensive physical damage, and collision coverage.

Other Coverage of the Policy
The policy can also cover your family or employees who serve as regular drivers of the vehicle covered.  If someone drives it regularly and not merely during emergencies, you should also consider adding them as a driver to the terms of the policy.

If you have a trailer, there are also limitations to the coverage. If the total weight of the vehicle does not exceed 2000 pounds, then the container is automatically covered. However, if the load exceeds 2000 pounds, you will have to add it to your policy explicitly.

If you own a business that requires the frequent use of vehicles like box trucks, work cans, service utility trunks, or food trucks, you will have to get a commercial insurance policy. This will help you take care of unforeseen circumstances without much hassle. Your business is highly dependent on the vehicles, so it is only right that you invest in the right insurance coverage.

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.