Preston Insurance is a leader in commercial auto and fleet coverage. We have the ability to review your current policy as well as provide a complimentary quote to establish insurance coverage. We understand that having a commercial vehicle for your business is crucial and protecting that vehicle as well as keeping your business running smoothly.
Do I Need Commercial Auto Insurance?
There are many types of businesses that rely on company vehicles to conduct everyday tasks. You likely need commercial auto insurance if your business does the following:
- Delivers goods using a vehicle
- Transports people
- Transports hazardous materials
- Transports equipment for business use
- You use your company vehicle to tow or plow
Commercial auto insurance is for businesses that own and operate vehicles. This coverage helps the business cover the cost of repairs, loss or liability. It is important to note that a vehicle must be covered under a commercial policy regardless of vehicle type if it is being used for business purposes. If you own a company and drive a 2-door sedan, using this vehicle for business would require it be placed under a commercial auto policy. Any auto used in the course of business will likely be excluded from your personal auto policy.
Your specific business needs may vary from the list above. It’s important to speak with a licensed insurance agent to determine your risk and how you can best protect you and your business.
Who is Covered Under My Policy?
Coverage under a commercial auto policy protects your business first and foremost. Additionally, any lienholders or contractual users. This provides coverage if you rent or lease a vehicle. Contractors for your company would also be covered under this policy. Lastly, your employees who may drive your company vehicles.
Does Coverage Vary By Policy?
Insurance policies can vary in many different ways. Speaking with a knowledgeable agent is your best course of action to make sure your needs are met. As a guiding principle, a commercial auto policy should include coverage for the following:
- Bodily Injury
- Medical Coverage
- Property Damage
- Damage other than collisions
- Loading and Unloading Liabilities
- Towing and Labor Costs
If you aren’t sure about your current coverage and would like to review your policy, we are here to help! It’s important that your business reduces the risk of loss. Gaining peace of mind helps you to focus on running your business and Preston Insurance can provide that.
Ready to Get a Quote?
We’d love to talk about your individual business needs and any current policies you may have. We offer a free policy review as well as free quotes. Please contact us to experience how we can help your business operate more efficiently.