Commercial Fleet Insurance

If you own a fleet of commercial vehicles, you appreciate the need for Commercial Automobile insurance. This is a policy that differs from ordinary auto insurance thus complicating things for most business owners.

Pertinent Aspects of Commercial Auto Insurance

If you have questions about this type of insurance, take a look at some factors arout it:

This is a type of insurance policy that covers physical damage and liability for commercial vehicles used in your business. This coverage protects your business against debilitating damage claims involving your vehicles and property damage arising from such accidents.

You need to consider that your business vehicles are prone to accidents, especially on the highways. In case of an accident, your commercial vehicle might be written off hampering your business and your reputation will go to the drains if others are injured and you have no third party coverage.

Commercial auto insurance includes bodily injury liability, property damage, collision coverage, medical payment coverage, uninsured and underinsured motorist coverage, comprehensive physical damage coverage, hired auto physical damage, lease or loan gap coverage and personal injury protection (PIP), among others.

At a glance, Commercial Automobile insurance might look like an ordinary auto coverage policy, but don’t let these features fool you. In accidents involving commercial vehicles, there are so many technicalities involved that only a comprehensive insurance policy offers adequate protection.

Simply put, don’t take any chances by underestimating the value of this coverage.