Commercial auto insurance can pay for property damage and medical bills in an accident involving a business-owned vehicle. It also covers theft and certain types of damage.
Commercial auto insurance helps pay for medical bills and property damage related to an accident in a business-owned vehicle. It also covers vehicle theft and other types of vehicle damage.
Small businesses are required to purchase commercial auto insurance for business-owned vehicles in almost every state. New Hampshire and Virginia are exceptions, but drivers are still responsible for damages they cause – and the best way to cover that cost is through insurance.
Read more about commercial auto insurance coverage.
Hired and non-owned auto insurance covers vehicles your business uses but does not own, such as employee-owned vehicles or a leased truck. Personal auto insurance policies almost always exclude business use. If you get into an accident while driving your personal vehicle for business reasons, your insurer might refuse to cover the resulting damages.
Find more answers to frequently asked questions about commercial auto insurance.