Business Auto Insurance
Business auto insurance is a type of policy that provides coverage for vehicles owned or used by a business. The policy is designed to protect the business from financial loss in case of an accident, theft or damage caused by a covered event. Business auto insurance is similar to personal auto insurance, but it is specifically tailored to cover commercial vehicles.
What Does Business Auto Cover?
A business’s auto insurance policy typically covers damages to the vehicle, liability for injuries or property damage caused to others, and medical payments for the driver and passengers. It may also provide coverage for hired or leased vehicles, as well as any non-owned vehicles used for business purposes.
Types Of Coverage Offered
Liability
This type of coverage provides protection in case the business vehicle is involved in an accident that causes damage to other vehicles or property, or if someone is injured.
Collision
This type of coverage pays for damages that occur as a result of a collision with another vehicle or stationary object.
Comprehensive
Comprehensive coverage pays for damages that are not the result of a collision, such as theft, vandalism, or weather-related damage.
Attention!
Businesses can save money on their auto insurance premiums by taking certain precautions. For example, maintaining a good driving record, using anti-theft devices, or installing safety features such as airbags, can lower the cost of insurance.
Make Sure Your Covered!
Business auto insurance is an essential type of coverage for any business that owns or uses vehicles. By providing protection against financial loss due to accidents, theft, or damage, this type of policy helps businesses stay on track and focused on their goals.
Get in contact with Blue Mountain Insurance and we can help you find the right business auto insurance for your company.