Commercial vehicles add to your business’ potential risk. Commercial vehicle insurance can protect your business and personal assets from that additional exposure. Talk to us about implementing custom coverage.
More than just auto insurance
The outcome of a business car, or truck, collision is often more complicated than that of a personal car accident. Fleet auto insurance, or commercial auto insurance, gives that extra layer of protection that regular auto insurance doesn’t have.
What’s extra?
Commercial auto insurance offers higher liability coverage than personal auto insurance. This is due to businesses usually having more assets at risk than an individual. Commercial auto insurance also offers collision insurance. This coverage pays for damage regardless of how the collision occurred, this is often a requirement when leasing, or financing a commercial fleet.
Good for employee owned vehicles as well
As an add-on to their commercial auto insurance, employers can get non-owned car liability coverage. They can also add a separate policy to cover their employee’s vehicles on the job. These protections reduce the possibility of a legal headache if anyone is injured, or their vehicle is damaged while working for your business.
Commercial auto insurance is a must for any business, big or small. Let one of our agents walk you through finding the best policy to meet your needs.
Pearson Wallace business insurance agents operate throughout New England with a base of operations in Massachusetts including: South Boston, East Boston, Dorchester, Amherst, Pittsfield, Western MA, and more!
Business Auto Insurance is available throughout New England.
Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business and personal assets from the additional exposure that commercial vehicles bring with them.
An extra layer of coverage to your auto policy.
A vehicle collision is never good news, but when it’s one of your business’ cars or trucks, the consequences are more complicated. Business auto insurance, also called commercial auto insurance, takes all the elements of normal auto coverage and adds on extra protection.
Higher liability coverage than auto insurance for individuals.
For example, when obtaining commercial car insurance you can usually get much higher liability coverage to reflect the fact that a business typically has more assets at risk than an individual would. Additionally, with commercial auto insurance, you can get collision insurance. This type of coverage pays out for damage to your commercial car or truck no matter who caused the collision–a protection that’s often a must if you lease or finance commercial vehicles.
Essential for employees who use their own vehicles for work.
It’s also worth considering employers non-owned car liability coverage. Employers non-owned car liability coverage is an add-on or a separate policy covering those instances when your employees drive their own personal cars or trucks as part of their work for your business. This type of protection can help reduce the risk of messy legal complications if they are injured or their vehicle is damaged during this time.
Commercial car insurance is essential for those that run a business, but obtaining the proper coverages can get confusing. We can help!