WHY SHOULD YOU GO FOR COMMERCIAL AUTO INSURANCE?



If you have a business that uses automobiles, even if it’s not the primary source of income for your business, it can become a major source of loss to your business. This is why it’s very crucial to get a good insurance such as a commercial auto insurance which is capable of protecting your vehicles your vehicle while on the road and when in the garage. It’s advisable to get a commercial auto insurance which is high enough to protect your business from claims in other to avoid devastating change of luck. 
Overview of commercial auto insurance coverage
A commercial auto insurance which is also referred to as business auto insurance is purchased to protect the business assets as well as its owner from all damages and claims which might arise during a business trip or while the commercial vehicles are parked in the garage. A commercial auto insurance policy covers:
  •   Collision coverage which protects your vehicle in case of damages due to auto accidents
  •   Comprehensive coverage which protects commercial vehicles from damages such as vandalism, theft and any other damages aside from collision.
  •   Accident Benefits coverage which covers the cost of treatment for injuries incurred from vehicle accidents.
  •   Liability coverage which covers the damages which are incurred by other drivers and their cars due to your own vehicle.
  •   Uninsured/underinsured coverage which protects other drivers who are not covered or whose coverages are insufficient.
Commercial auto insurance versus personal auto insurance
Differentiating between commercial auto insurance and personal auto insurance can be a little difficult as they appear similar on paper. The major difference lies in what you use your vehicle for. For vehicles which are used for both commercial and personal purpose, a commercial auto insurance would be ideal.
Saving the most on a commercial auto insurance policy
  •   You can get discount from your insurer by purchasing one than one type of policy from the same insurer
  •   Hire drivers with good safety records because they are less expensive to insure
  •   Installing extra safety or risk management tools
  •   Consider the auto insurance coverage rates before purchasing a new work vehicle.

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