Commercial Auto Insurance offers coverage for business-related vehicle incidents. This type of insurance policy covers vehicles of all kinds, from trucks to cars to vans. Furthermore, it doesn’t just cover the cost of vehicle repairs, it also covers injuries sustained by the driver.
If vehicle use is a large part of your business, such as delivery services, you need to be sure you have the right Commercial Auto Insurance Policy. No matter the size of your business, Texas Insurance Agency is here to help. We provide the best options for your individual business and help find the coverage you need for the right price.
Commercial Auto Insurance is not to be confused with Business Auto Insurance. Although they sound like the same thing, these policies actually contain an array of differences and are needed for different situations. Commercial Auto Insurance is required for specialized vehicles that perform specific tasks on the job. This could include vehicles such as tractor-trailers, cement trucks, or delivery vans.
Regardless of the insurance policy, it is owned by the business rather than the vehicle driver or owner. As a result, the company will be liable if the vehicle is involved in an accident. What’s more, commercial vehicles tend to be a higher load than most vehicles on the road. For that reason, there is a higher risk of damage, making finding the right policy crucial. Speak to our team today if you’re ready to find the right insurance policy to cover your vehicles.
Business Vehicle Coverage
Commercial Auto Policies offer higher coverage limits than personal policies. This is because business vehicles require additional protection in the event of an accident, especially when it comes to long-haul jobs involving semi-trucks. What’s more, this type of insurance covers business vehicles for a range of things, including:
- Damage to vehicle(s)
- Driver Injury
- Damage to someone else’s property
- Injuries of somebody else
Who is Commercial Auto Insurance Aimed Towards?
Commercial Auto Insurance can help protect business owners and their businesses in the event of an accident. You should consider this insurance type if your business….
- leases, owns, or rents vehicles
- has employees who drive their own vehicles for business-related work
- has employees who operate, lease, rent, or own company vehicles
Of course, auto insurance is a must for anybody on the road. However, for business-owned vehicles, you need an extra level of protection. That is why having the right Commercial Auto Insurance is so important. It’s also important to note that employees who drive their own vehicle to and from work do not require commercial auto insurance; it is strictly for vehicles used in your company’s operation or day-to-day work.
To learn if your company vehicles are eligible for Commercial Auto Insurance, call Texas Insurance Agency today. With the help of our agents, you can rest easy knowing you have the right insurance policy on your side.
Commercial Trucking Insurance
Commercial Trucking Insurance is essential for companies or operators that provide trucking services. Of course, depending on the type of truck’s associated with your business will depend on your insurance options. Things like the goods your trucks carry and the years of experience of the driver will also affect your insurance options.
Whether you’re looking for an insurance policy associated with long haul trucking or local trucking, you can rely on the team at Texas Insurance Agency to find you the best policy.
Like with most insurance policies, Commercial Trucking Insurance offers several coverage types. However, not all will be applicable to you or your business. For that reason, Texas Insurance Agency is here to help. With our team on your side, you’ll find the right insurance policies at the right rate. Call today to get started.
What is Covered by Commercial Trucking Insurance?
Commercial Trucking Insurance keeps you protected against fees associated with accidents involving your trucks. This coverage is relevant in situations where your trucks are transporting customers, products, animals, or materials.
What’s more, if you use your truck for both business and personal reasons, a Commercial Truck policy can work to your advantage by covering the gaps your personal auto insurance does not. However, this may not be a possibility for large commercial trucking companies. Speak with our agents at Texas Insurance Agency to learn more about your options.
There are a range of coverage options for Commercial Auto Insurance. Some of the most common coverages include:
- Liability Coverage
- Medical Coverage
- Personal Injury Protection
- Collision Coverage
- Comprehensive Coverage
- Uninsured/ Underinsured
Local & Long-Haul Insurance Coverage
If you own and operate a tractor-trailer or large vehicle, you are legally required to carry trucking insurance. With that in mind, you’ll still want to find the right policies for you.
All Commercial Trucking Insurance options have two main areas: Liability Coverage and Physical Damage Coverage. Both of which are crucial as it protects you against fees associated with accidents caused by your truck.
There are two parts of Primary Liability Coverage, the bodily injury portion, and the property damage portion. These portions will keep you protected If one of your trucks causes damage to property, injuries somebody, or even kills somebody.
It’s important to note that Primary Liability does not protect your own losses. Instead, it is intended to protect others and their property from damage done by your vehicles. Damage done to your vehicle or property is covered under the Physical Damage aspect of your insurance policy.
Physical Damage Coverage
This type of coverage offers both comprehensive coverage and collision coverage. Both of which are vital for small and large fleets of commercially owned vehicles. Collision coverage offers protection against both damage and loss in the event of a road accident.
Whereas comprehensive coverage protects against damage or loss caused in other situations. This could be anything from theft or hitting an animal during a journey.
Specified cause of loss coverage is another option you may want to consider. This coverage type protects against specific hazards such as hail, fire, or vandalism. No matter what coverage you require for your Commercial Trucking Insurance, you can trust Texas Insurance Agency to find you the best deals.
This coverage protects against paying medical fees needed as a result of an accident involving your vehicle(s). It can cover the medical expenses of anyone involved in the accident. This includes yourself, the driver, or any passengers in the vehicle with you. Additionally, this coverage is valid regardless of who caused the accident.
An example of medical coverage as part of a local commercial auto policy:
If a plumber gets into a road collision on the way to a job, whether or not it was his fault, medical coverage will take care of the cost of the ambulance, if one is needed, as well as the medical attention bills.
Call Texas Insurance Agency Today!
Whether you’re looking for Semi-Truck Insurance, small business vehicle insurance, or more, our expert team is here to help. When you get in touch with Texas Insurance Agency, you’ll have a team of trusted experts on your side every step of the way!
With our help, you’ll find the right policies at the right price. If you’re unsure which Commercial Auto Insurance Policies are appropriate or necessary for you or your company, call today. We’ll talk you through your options and help you find the best policies to keep you covered. You won’t find another insurance agency in Texas more committed to your insurance needs!