ESP Llama Ahora

Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto policy. This type of insurance covers a variety of vehicles used for business purposes ranging from automobiles used for business, including company cars, to a wide variety of commercial trucks. Box trucks, food trucks, work vans,and service utility trucks are also a few examples of larger commercial vehicles which also require coverage. Commercial vehicle insurance also covers the employees operating the vehicle and possibly the equipment inside. Commercial vehicle insurance covers the following;

Bodily injury liability coverage – pays for bodily injury or death resulting from an accident for which you are at fault.

  • Property damage liability coverage – provides you with protection if your vehicle accidentally damages another person’s property.
  • Combined single limit – Liability policies typically offer separate limits that apply to bodily injury claims for property damage. A combined single limits policy has the same dollar amount of coverage per covered occurrence whether bodily injury or property damage, one person or several.
  • Medical payments, no-fault or personal injury coverage – usually pays for the medical expenses of the driver and passengers in your vehicle incurred as a result of a covered accident regardless of fault.
  • Uninsured motorist coverage – pays for your injuries and, in some circumstances, certain property damage caused by an uninsured or a hit-and-run driver. In some cases, underinsured motorist coverage is also included. This is for cases in which the at-fault driver has insufficient insurance.
  • Comprehensive physical damage coverage – pays for damage to your vehicle from theft, vandalism, flood, fire, and other covered perils.
  • Collision coverage – pays for damage to your vehicle when it hits or is hit by another object.

Most states require that all registered vehicles be covered by liability insurance. Some states even require you to purchase uninsured motorist coverage and no-fault car insurance.

Getting your best tool and equipment insurance

Read more

Will Auto Insurance cover engine failure?

Read more

Know your surety bond before you sign in

Read more

The things you may not know about Commercial Vehicle Coverages

Read more

The things you should know about General Liability

Read more

Big road losses?

Read more
Bee Beeinsured

Hello! We are out of business hours. Please provide us your information, an expert will be in touch shortly!

Quote Send

We will contact you soon

Close
x