Protect Your Business with Commercial Auto Insurance

The Basics of Commercial Auto Insurance

Commercial auto insurance is a vital coverage for any business that uses vehicles for its operations. This type of insurance protects your business from financial loss in the event of a collision, accident, or theft. It’s a contract between your business and your insurance provider, where you pay a premium, and the insurer covers your losses as outlined in the policy.

Coverage options within commercial auto insurance typically include:

• Property Coverage: This protects against repairs, replacement, or theft of your vehicle, ensuring that your business vehicles are covered for damage or loss.
• Liability Coverage: This protects your business from legal responsibility in cases of property damage or bodily injury caused to others by your vehicle.
• Medical Expenses: This covers medical costs, rehabilitation, lost wages, and in severe cases, funeral expenses for injuries resulting from an accident.

Why Is Commercial Auto Insurance Important?

Your business vehicles are crucial to daily operations, and they face numerous risks on the road—whether it’s due to weather, road conditions, or the actions of other drivers. That’s why commercial auto insurance is necessary for protecting your business from financial burdens when the unexpected happens.

This insurance provides crucial protection because:

• Vehicle Repairs or Replacement: If your vehicle is involved in a wreck or stolen, the costs of repairs or replacement can be substantial.
• Medical Costs: Accidents can lead to significant medical expenses, including treatments, rehabilitation, or even lost wages for employees involved in a crash.
• Liability and Lawsuits: If your vehicle causes property damage or injury to third parties, you could face expensive lawsuits. Business liability protection from commercial auto insurance helps shield your company from such financial risks.
• Legal Requirements: All states require at least liability coverage for business vehicles, although regulations may vary. Having the right insurance ensures your business remains compliant with state laws.

What to Discuss With Your Agent

Before purchasing commercial auto insurance, there are several key aspects to discuss with your independent insurance agent to ensure your policy covers your business adequately. Be prepared to provide information on:

• The type of business you operate and the specific risks associated with your industry.
• The types of vehicles your business owns and uses.
• The employees who will be driving your vehicles, including their driving records.
• The location where your vehicles are parked or garaged.
• Whether your employees drive their personal vehicles for work-related purposes.
• If your business rents, leases, hires, or borrows vehicles for work.
• The current limits on coverage for your commercial vehicles.
• The reputation of the insurance provider in terms of customer service and claims handling.
• The responsiveness of the insurance agency staff in processing certificates, policy changes, and managing claims.

Why Choose PDR Insurance for Your Commercial Auto Coverage?

At PDR Insurance, we specialize in providing commercial auto insurance policies that fit the unique needs of your business. Whether you own a single vehicle or a fleet, we offer coverage options like accident coverage, vehicle protection, trucking insurance, and fleet coverage to ensure your business is fully protected. Our expert agents work with top-rated insurance carriers to provide you with competitive pricing and comprehensive coverage tailored to your specific business needs.

Contact PDR Insurance Today

Ensure your business is protected with reliable commercial auto insurance. Contact PDR Insurance today at 801-316-1390 or visit our contact page to get started.