Compared to personal auto insurance, commercial policies have more specialized coverage for single or multiple drivers and tend to have higher liability coverage limits. Their design ensures you’re not leaving your business vulnerable to costly risks and losses.

While personal and commercial auto insurance are similar, a personal policy will not cover you when driving for business use in most cases. Similarly, commercial policy will not provide coverage for personal use. For example, a policy wouldn’t cover employees’ commute in their personal cars but would cover travel from headquarters to a work site in a company-owned truck.

Any vehicle used to transport materials, tools, equipment, packaged goods, or people should have commercial auto insurance. Whether you’re a plumber, electrician, traveling salesman, Uber driver, or restaurateur with a fleet of food delivery vans, you need this protection.

Additionally, employers must list relevant employees as drivers on a commercial policy. Most states require companies to maintain commercial auto policies and issue fines if they don’t. Independent contractors and small business owners must safeguard themselves from third-party liability and property damages that may occur when using any vehicle for business purposes.

Even if you don’t live in a state that legally requires this type of insurance, lack of coverage can impact your bottom line. Besides the out-of-pocket cost of repairs and medical bills, uninsured companies must consider the risk of litigation. Court costs can be expensive, and a civil suit can affect your enterprise’s reputation, even if you win.

Commercial auto insurance provides third-party liability protection if you or an employee get in an accident. This means the insurer will handle all legal defense costs and even supply you with a lawyer. The insurance company will work with the law firm to provide all necessary documents, ensuring you don’t have to stress over deadlines. Your agent will be your point of contact, letting you know about the case’s progress and requesting any evidence in your possession.

A commercial auto policy also covers vandalism and theft, including repairs for damage done to the vehicle during the crime. Additionally, they’ll pay medical expenses if you or your employees become injured in a collision.

Notably, you’ll also have coverage for goods transported to customers and a replacement vehicle during repairs. That way, you can continue delivering top-tier goods and services while your van is in the shop.

Collision coverage in your commercial auto insurance policy helps pay for the repair or replacement of your vehicle if it’s damaged or a total loss due to a collision with another car. Without this coverage, you would be responsible for paying for all damages. Comprehensive coverage protects your vehicle from damages resulting from a natural disaster, vandalism, and theft.

All perils policies combine collision and comprehensive coverage. They also cover damages if an employee or member of your household steals the vehicle. Specified (also called named perils) coverage protects vehicles against risks specifically detailed in your policy, such as theft or weather-related damage.

Finding the right commercial auto insurance is easier than ever with the help of EasyInsure experts. We represent over 45 insurers, ensuring you have your pick of a wide range of coverage and prices. With the help of our staff, you can customize a plan that covers all your bases. To request commercial auto insurance quotes, contact us online or call 1-800-679-2640.