04 Commercial Vehicles

Commercial auto insurance policies are designed to be flexible and uniquely tailored for each vehicle’s specific needs, based on each vehicle’s intended use and each vehicle’s risk expose.  A commercial auto insurance policy will insure all company vehicles which are, owned, operated, hired, rented, for personal use, and some non-owned vehicles.

The limits associated with commercial auto insurance are much higher than those of a person policy, this is to ensure your company is protected from potential damages and/or lawsuits or claims which may be filed against your company and/or your insurance policy.  Most commercial auto insurance policies offer a general liability option that is comprehensive in nature.  This type of coverage is designed to protect against all hazards within the scope of the insuring agreement.  Commercial auto insurance policies which include commercial general liability are also comprehensive in that they will automatically cover new locations and activities as your business grows and expands.  These types of policies are offered in three distinct policy options: premises liability, products liability, and completed operations. Each vehicle will be scheduled at a designated number dependent on the service required from each vehicle and the vehicle’s weight.

• Owned autos are subject to a compulsory uninsured motorist law. This policy is designated for any auto which is garaged or licensed in a state where drivers are required to have uninsured motorist coverage.
• Specifically described autos. These autos must be listed in policy to be covered and can include trailers towed by listed vehicles.
• Hired autos only. This policy number will cover any autos leased, hired, rented or borrowed by the insurer, but does not cover said autos from an employee, partner or member of the insurer’s household.