Commercial Auto Insurance in Mystic, CT
A vehicle accident involving a business-owned car or truck can trigger costs that far exceed what a small business can absorb. Without the right coverage, your business is responsible for those costs directly, including vehicle repairs, medical bills, legal fees and liability claims. Commercial auto insurance can help keep your business financially stable after an unexpected loss.
What Is Commercial Auto Insurance?
Commercial auto insurance may cover vehicles used for business purposes. It is structured to address the higher risks and greater liability exposure that come with business use. It can be tailored for vehicles your business owns, leases or uses regularly in operations.
Who Needs Business Vehicle Insurance?
Any business that uses a vehicle in its operations carries exposure that personal policies typically exclude. This includes:
- Contractors and tradespeople hauling tools or equipment
- Delivery and courier services
- Sales professionals who drive to client locations
- Landscaping, cleaning and service-based businesses
If a vehicle moves people, goods or equipment for business purposes, a commercial policy is the appropriate coverage.
What Does Commercial Auto Insurance Cover?
Policies vary, but commercial auto coverage may include liability for third-party bodily injury and property damage, collision coverage for vehicle repair or replacement, and uninsured and underinsured motorist coverage for accidents involving at-fault drivers who lack sufficient or any insurance.
Policies can also be customized with optional endorsements, such as coverage for hired or non-owned vehicles used for business, specialized equipment attached to vehicles, rental reimbursement to help cover the cost of a temporary replacement vehicle after a covered loss, and roadside assistance for breakdowns.
Learn More
Gaps in commercial auto coverage can have serious financial consequences for your business. Contact Specialty Coverage Insurance Agency today to learn about your options and get a custom quote.