Commercial Auto Insurance
As a business owner, you need the same kinds of insurance coverage’s for the car, truck or trailer that you use in your business as you do for a car used for personal travel. The fact is, regardless of where you may be driving in Florida, if you plan to drive a vehicle on public roads the vehicle must be covered under an insurance policy with certain minimum compulsory coverage’s. It is the law throughout the entire state of Florida.
What is a commercial vehicle?
A commercial vehicle is a motor vehicle used primarily to transport materials, goods, tools or equipment that related to your occupation. It also includes a trailer that is intended for use with said commercial vehicle.
Common commercial auto insurance coverage’s
A commercial auto insurance policy typically includes the same mandatory coverage’s and offers the same optional coverage’s as the auto insurance policy you have for your private, personal-use vehicle.
Liability Coverage – typically helps protect your company for damages to others if you’re at fault in a covered accident.
Medical Payments Coverage – typically helps provide payment for your reasonable and necessary medical treatment for bodily injury caused by a covered accident.
Underinsured/Uninsured Motorists Coverage – typically helps protect you for covered damage caused by drivers who don’t have auto insurance or don’t carry enough auto insurance.
Auto Insurance Property Coverage’s: Protect your car with property coverage’s*
Collision Coverage – typically helps pay to repair or replace your insured car after a covered accident.
Comprehensive Coverage – typically helps pay for covered damages to your insured car resulting from a peril other than a collision, such as theft, windstorm or flood, to name a few.