Many companies choose commercial auto insurance for the following benefits:
Collision insurance helps pay for damages to the vehicle sustained in an accident with another vehicle or a stationary object.
Comprehensive insurance helps cover damages after an accident or incident unrelated to a collision, such as vandalism, weather damage or a fire.
Hired/non-owned auto liability insurance covers personal, rented or leased vehicles you use for business.
Liability insurance helps pay for the damage your company vehicle causes to others.
Bodily injury liability coverage can pay for third-party medical bills and sometimes death benefits.
Property damage liability coverage can pay for damage to the other party’s property.
Medical payments coverage helps pay the medical bills if you or a passenger suffered injuries in an accident. Sometimes, it may also cover other losses, such as lost income.
Uninsured/underinsured motorist insurance helps cover damage caused by someone who doesn’t have suitable liability coverage.