Commercial Auto Insurance
Even if your business vehicles are not the primary way your business makes money, they may be the primary way your company loses money. Without the proper business auto insurance policy you may be overpaying and left underinsured.
Commercial auto insurance is different than personal vehicle insurance. Not only are there generally multiple vehicles but the liability from accidents or claims extends to your business.
You need to make sure that your coverage levels for your business auto insurance are high enough to protect your business and you personally from any claims--even unwarranted ones--that can be devastating. A commercial automobile policy provides coverage for legal liability for others' bodily injury or property damage arising out of the use of your business automobiles. Physical damage coverage protects your vehicles in case of an accident or damage caused by fire, hail, and other risks. You can designate coverage for owned vehicles as well as leased, hired and/or borrowed vehicles.
Whether you use your own car or use a box truck to complete your business’s day to day operations, a commercial auto policy will be needed. If the vehicle is being used for business purposes you want to ensure you, your business, and employees are properly insured.
Commercial auto insurance can cover all of the following risks:
- Comprehensive and Collision
- Emergency Roadside Assistance
- Liability (Must have by law)
- Medical Payments
- Loss of earnings
- Uninsured Motor Vehicle
- Underinsured Coverage
We have a current client who was previously with another agency and he had his business auto insured as a personal use vehicle. He did not know that the insurance company could refuse to pay a claim if an accident occurred during the course of him conducting business. After speaking with an agent from Northwest Insurance Brokers they learned they needed to insure their vehicle with a commercial auto policy. Eight months later the insured got in an auto accident that caused $6,000 in damage. Because of their commercial auto policy that they purchased through Northwest Insurance Brokers they had collision coverage that paid for the damages to their vehicle.
Here are two reasons to get started right away!
- It's always great to understand and review your current coverage levels -- there may be an opportunity to reduce your costs and expand your coverage.
- It's easy to get a no-risk quote. Simply fill out this short form and we'll get back to you with a surprisingly affordable business auto insurance quote.
Call Northwest Insurance Brokers today to have a specialized agent review your current coverages and make sure you are adequately protected.