If you run a business that uses vehicles for its operation, or if you use your car for business purposes, you may need a commercial auto insurance policy. Commercial auto insurance can cover:
- Vans or delivery trucks
- Vans for work
- Trucks that dump waste
- Construction vehicles, such as forklifts
- Food trucks
- Utility vehicles for service
- Box trucks
- Company cars
For company vehicles and their drivers, commercial auto insurance can provide both liability and collision coverage. In case of accidents, the first helps pay for the other driver's repairs and/or medical expenses; the second covers any damages or medical expenses you or your vehicle may incur.
Commercial auto insurance can cover a variety of things in addition to liability and accident coverage, such as:
- Accident-related medical payments or personal injury claims
- Theft, vandalism
- Damages caused by uninsured or underinsured drivers
- Rental vehicles used to transport employees or clients
- Employee vehicles that are used for business purposes.
Commercial auto insurance premiums are generally tax-deductible. Therefore, you can pay them as a business expense, thereby lowering your tax bill for the year.
Driven to be The Best
Protect your vehicles, cars, or trucks. Customize your commercial auto insurance coverage with Findalowrate. Get a free quote today.
