Commercial auto insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto policy. Bodily injury or damage to other vehicles or property caused by you or your employees could create financial issues for your business. There are two different categories of commercial auto insurance – hired/non-owned auto liability, and use of personal vehicles.
- Hired/Non-owned auto liability: This particular coverage provides business insurance coverage for certain liabilities arising from the use of a rented or leased vehicle (hired), or a non-owned vehicle (employee using their own vehicle on company business). Oftentimes this coverage can be added inexpensively to a business auto policy, or in some cases, a general liability policy.
- Personal vehicles: Standard auto insurance policies may not cover damage to your privately owned car or truck when it is used for business, even when it’s a business such as selling cosmetics, jewelry, or pizza delivery. It is important to get additional coverage if you are using your own vehicle for business, as this adds an extra level of protection in case something were to happen.
Every business is unique, and Synergy is here to ensure you’re covered every step of the way. Synergy can help you determine what deductible amounts and coverage limits best fit your business situation. Give us a call today, and let our team of experts take care of your commercial automobile insurance needs.