Commercial auto insurance protects small businesses when a company-owned vehicle is involved in a collision, stolen, vandalized, or otherwise damaged.
Commercial auto insurance covers damage to a company vehicle and bodily injuries when you or an employee cause an accident.
Commercial auto insurance provides five types of insurance protection:
Some types of coverage are optional, such as collision coverage. Other types of coverage are mandated by state law. Typically, business-owned vehicles must be covered by commercial auto insurance.
Commercial auto insurance, also known as commercial vehicle insurance, only covers business-owned vehicles. It does not cover personal vehicles used for business purposes, unless that's their primary use.
If your employees use their own vehicles for work errands, they may need hired and non-owned auto insurance.
This policy also does not cover:
You need commercial auto insurance if your business owns vehicles and uses them to: