Commercial Auto Insurance

Many businesses require their employees to drive company vehicles. Whether your business owns one vehicle or an entire fleet, auto insurance is a mandatory consideration. An auto insurance policy provides coverage for liability as well as physical damage associated with the vehicles owned by your company.

Liability Insurance
The liability portion of the policy covers any damages your company is required to pay that result from an accident involving a company-owned vehicle.

Physical Damage Coverage
Physical damage coverage pays for damage to the insured vehicle. There are three basic types of physical damage coverage: collision, comprehensive, and specified perils.

Uninsured Motorists Coverage

Coverage for the insured and passengers whenever the at-fault driver in an accident has auto liability insurance with lesser limits than the insured’s. This coverage lies atop "uninsured motorists coverage" or atop the at-fault driver’s low limit automobile liability insurance and provides the insured and passengers with protection equal (usually) to the insured’s own automobile liability cover

Insurance Premiums
Auto insurance premiums are based on a number of different factors. When determining rates for physical damage coverage, the insurer will look at the gross vehicle weight, business use, and the number of miles the vehicle is driven each year.