Commercial Auto Insurance
Commercial auto insurance covers damage to a company vehicle and bodily injuries when you or an employee cause an accident.
What is Commercial Auto Insurance?
Commercial Auto Insurance protects your employees when they are behind the wheel of a company-owned vehicle. This coverage is helpful during collisions, theft, vandalism, and other types of vehicle damages.
How much is Commercial Auto Insurance?
The cost of coverage varies by state, the provider, and other factors. However, the cost of this insurance can range from $900 - $1,200 a year.
Do you need Commercial Auto Insurance?
If you or your employees operate a company-owned vehicle, a personal vehicle on behalf of the company, or a vehicle rented on behalf of the company, a commercial auto policy is better suited for your business. (Use of a personal vehicle on behalf of the company may or may not be covered under a personal auto insurance policy.)
Commercial Auto Insurance helps your business in the following ways:
Covers collision costs and damages
When an accident occurs with another person, your vehicle and employees will be protected.
Gets your medical bills covered
If an injury occurs to you or your employees while operating the vehicle, you will be able to cover medical bills relating to accidents.
Protection from theft and vandalism
If your vehicle is stolen or vandalized in any way, you will have the protection you need to pay for the damages.
What doesn’t Commercial Auto Insurance cover?
Personal or leased vehicles
RaisinBread helps provide you with coverage that can grow with your business.
