Regardless of the kind of industry you work in, your commercial vehicles are certainly an important part of getting things done. Your commercial vehicles help get your products ready to go and put your employees front and center with the customers you love serving the most. Even though you have some level of control and oversight regarding your general business operations, there are many other risk factors that can influence the safety of your commercial vehicles. Other drivers, road conditions, and weather are just a few of the examples of risk factors that can damage those essential commercial vehicles.
Your business could be facing serious repercussions in the form of financial jeopardy if you have not insured against these dangerous risks. Without commercial auto insurance, you may be responsible for bodily injuries, including those sustained by other passengers, pedestrians, and other drivers. You may also be held responsible for property damage in these accidents.
Much like car insurance, you need commercial automobile insurance to protect you, your business and your employees on the road. Commercial vehicle insurance has evolved to provide an array of customizable solutions specifically aligned to your business needs. When you need help determining how much coverage to obtain for your commercial vehicles, contact an experienced insurance professional today to get the ball rolling.
Whether you are responsible for an entire fleet of trucks for just a few commercial cars, you need to explore all of your options to ensure that your vehicles are fully safeguarded against property damage and bodily injury risks. There are several different types of coverage that you may explore to mitigate these risks and protect the business that you have worked so hard to build.
Some of the most common coverage options are:
- Property damage liability, which provides coverage for damages to another individual’s property when you are responsible for the accident
- Bodily liability injury, which covers injuries or deaths associated with other drivers and passengers
- Collision coverage, which protects you in the event that your car is hit by or hits another vehicle
- Comprehensive coverage, which gives you additional protection from other losses that happen outside of accidents, like theft
- Uninsured/underinsured motorist coverage, which provides crucial protection if damages, injuries, or death results due to an at-fault driver who does not have adequate insurance coverage