Protect Yourself From:
- Accidents and property damage
- Bodily injury and property damage to others
- Medical payments
- Physical damage, fire, theft, or vandalism of vehicle
- Uninsured and underinsured drivers
Businesses that own vehicles generally need to insure those vehicles. Business auto insurance is a form of auto insurance that’s made for businesses, rather than individuals. Policies are written with the risks that businesses face and the coverages they need in mind.
Most businesses that own vehicles which are driven on public roads need commercial auto insurance that at least meets the state’s minimum requirements.
A business that has employees use their personal vehicles for work may need business auto insurance. Personal auto policies often don’t provide coverage for regular work-related driving, such as a pizza place that provides delivery. It the pizzeria doesn’t obtain a commercial policy, its drivers may not be fully protected while they’re making deliveries. A non-owned or hired auto insurance policy is an auto policy that’s uniquely designed for businesses that rely on others’ vehicles.
Business auto policies often provide coverages that are identical or similar to those found in personal auto policies. Some coverages that many businesses get through their business auto policies include: Property Damage Liability, which usually covers damage caused to other people’s property; Bodily Injury Liability Coverage, which may cover injuries that other people sustain; Personal Injury Coverage, which can help cover injuries that the driver and passengers sustain; Comprehensive and Collision Coverage, which is often used to cover the vehicles a business owns; and Uninsured and Underinsured Motorist Coverage, which might help pay for damage and injuries caused by a driver who doesn’t have sufficient insurance. As is the case with personal auto policies, the exact coverages included in business auto policies can vary.