What Commercial Auto Insurance Does a Business Need? 

If your business relies on a company car, delivery van or service truck for continuous operations, you may need commercial auto insurance. This specialized coverage may protect your business from financial loss due to accidents, theft, and liability claims. It’s more than just an added expense – in some states, you may be required to carry commercial auto coverage for vehicles that you use for your business.

At A.M.G.A. Brokerage Commercial Underwriters of America, we’re here to break down your commercial auto coverage needs and how much you may have to pay.

What Does Commercial Auto Insurance Cover?

Depending on your insurer, your commercial auto policy may include coverage such as:

1. Liability coverage may pay for legal and medical expenses if you’re held liable for your business vehicle causing property damage or bodily harm to
2. Collision coverage may cover repair expenses if you or your employee gets involved in an accident while driving your business vehicle.
3. Comprehensive insurance may pay for damages caused by non-collision covered risks such as theft, natural disasters or vandalism.
4. Uninsured/underinsured motorist coverage may pay for repair and other expenses if you were hit by a driver with insufficient coverage. This may also be helpful in hit-and-run cases.

What Factors Affect Commercial Auto Rates?

The cost of commercial auto insurance may depend on the following factors:

• The state your business is in
• The type/s of vehicle/s you’re operating
• The number of vehicles that you own
• Your claims history
• Your coverage limits

Contact A.M.G.A. Brokerage Commercial Underwriters of America today to learn more about our offerings or get a personalized quote.