Does Your Business Need Auto Insurance?

​In the case of businesses, you may need auto insurance if your business works a lot with vehicles. Business travels may include carrying work equipment, attending a client visit, or other business trips. 

What is Commercial Auto Insurance?
Commercial auto insurance could cover vehicles for business purposes, whether or not the company owns them. This insurance might cover accident-related expenses from injuries, deaths, or property damage. Although commercial auto insurance is separate from rideshare and personal insurance, you can bundle these together to save money. Below is what the policy includes:

1. Liability Coverage 
   Liability coverage may pay for injuries, deaths, or property damage a driver causes while working. The coverage may also pay legal fees. 
   
   
2. Medical Payments
   Medical payments cover the driver's and the passenger's medical expenses in an accident, whether it is no-fault or personal injury protection.
   
   
3. Uninsured Motorist Coverage
   Uninsured motorist coverage may cover injuries and property damage caused by an uninsured or hit-and-run driver. This coverage may also include underinsured motorist coverage. Underinsured motorist is a coverage wherein the at-fault driver doesn't have enough insurance to cover all expenses.
   
   
4. Comprehensive and Collision Coverage
   Comprehensive and collision coverage pays for vehicle damage from theft, vandalism, flood, fire, and damage. 

Why Do You Need Commercial Auto Insurance?
You'll need commercial auto insurance if your business regularly uses a vehicle for work. You should also consider commercial auto insurance if you're an independent contractor, or self-employed full or part-time. Below are some of the reasons you might need this policy. 

1. Transport People or Goods for Money
   A personal policy might only cover driving friends or grabbing food for a coworker. Transporting people or goods for money may be best with commercial auto insurance. 
   
   
2. Log High Mileage
    Logging high mileage, in terms of work, may include regular visits to certain locations or job sites. 
   
   
3. Transport Items 
   Commercial auto insurance keeps transporting items like heavy tools or equipment insured. Any items for transport that are related to work.
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4. Have Other People Driving on Your Behalf
   Having employees or other people driving on your behalf is still your responsibility. You need to ensure work-related driving whether or not you own the vehicle.

Conclusion
Commercial auto insurance is needed for any work-related driving. An auto insurance policy ensures your company's vehicle and driver are financially covered for any accident. 

At Auto Express Insurance, we do our best to make sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (832) 232-4655 or CLICK HERE to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!