Are you a truck driver who regularly carries work material? Or maybe you use your vehicle to run errands for your job? One thing that you may not know is that your personal car insurance is not capable of covering you when you are driving on the job. Commercial auto insurance can be very important to any company who employs people to drive for them especially if they are doing on a regular basis. It can protect you, your employees, and your business in the case they are involved in an accident while using a vehicle while at work.
Whether the business is big or small, there is a policy that will work and help to protect the business and its employees. The potential damage that can be caused during a car accident is worth having a plan in place. Not only does commercial auto insurance protect the employees and the business, it covers damages that are caused to other people or property. It can cover medical bills if a bystander is involved but can also cover cost from vehicles that you rent or borrow for business purposes.
Choosing a Policy
The most common types of commercial auto insurance are:
-Property damage: This type of insurance covers damages to property that is involved in an accident.
-Comprehensive: This type of insurance covers damages that can be caused by other factors like a natural disaster or theft.
-Collision: If your employee collides with a vehicle or other object, this allows those damages to be covered.
-Medical payments: This allows employees to receive treatment from any injuries sustained while driving a vehicle for commercial purposes
-Uninsured/underinsured motorist: This type of insurance protects your business in the case they are in an accident with a motorist who does not have insurance to cover the damages sustained in an accident.
If your business is reliant on large commercial trucks to deliver goods, you will need a specific policy that is not only suggested, but mandatory.
The cost of auto insurance can be a cause for concern for some businesses but it can be way more costly if your employee is caught without it and ends up in an unlikely accident while on the job.
The cost of auto insurance is determined by a few things and we can help you determine the right plan for you specific type of business. It is important to consider how often your employees will use your vehicles and the type of vehicles they will be using. The driving record is also important when it comes to determining your policy, which it is in all cases of auto insurance.
Give Us a Call Today
Commercial auto insurance is something any business owner should consider if their employees will be using vehicles to deliver things as small as pizza or as large as a tractor. Willoughby Insurance, based out of Buffalo, NY, is here to keep your business growing and moving forward, please contact us today to find out what we can do for you.