Commercial Auto Insurance
Ensuring that your vehicles, drivers and other related parties are safeguarded against the unexpected is imperative to the health of your business. We will structure your Commercial Auto coverage to accommodate your particular situation, whether it pertains to single and multiple vehicles, trucks and motor carriers, or garage operations.
Our auto insurance products cover the cost to repair or replace the insured vehicle and any other vehicles or property damage caused by an employee, as well as medical expenses for those who may be injured because of an accident. Supplemental insurance is also available to cover losses not normally covered in a standard policy, such as coverage for employees using their own cars during business hours.
Automobile liability - consists of a legal responsibility for bodily injury or property damage arising out of the ownership, maintenance or use of autos. In this context, autos can be described as cars, trucks and trailers.
Automobile physical damage - responds to property loss exposures. Basically, three automobile physical damage coverages are available under the business auto form:
- Collision - The insurer agrees to pay for a direct and accident loss or damage to a covered auto or its equipment by collision of a covered auto with another object or overturn of the covered auto.
- Comprehensive - The insurer agrees to pay for loss to a covered auto or its equipment resulting from any cause except collision or overturn and subject to certain exclusions.
- Specified causes of loss - The insurer agrees to pay for loss to a covered auto or its equipment caused by fire, lightning, explosion, theft, windstorm, hail, earthquake, flood, mischief or vandalism.
Towing and labor coverage can be included under the physical damage portion of the automobile insurance policy.