Why Every Business With Vehicles Needs Commercial Auto Insurance

No matter the size of your business, commercial auto insurance is essential if you utilize vehicles in your operations. This coverage can help your company maintain operations and financial stability after vehicle-related incidents or accidents.

Liability Protection

Liability protection is an essential component of commercial auto insurance, and it’s often required by law. Should your business vehicle be involved in an incident that causes injury or property damage to others, this coverage can help cover third-party medical expenses and repair costs. If your business uses semi trucks or heavy machinery in its operations, you’re subject to federal regulations and may have greater insurance obligations. Check with your insurance broker to make sure you have coverage that meets state and federal auto liability requirements.

Coverage Options

You can typically customize your commercial auto insurance policy to fit your business’s unique needs. For instance, if you transport expensive equipment or machinery, you’ll need specific coverage to cover the higher potential losses.

Businesses That Need Commercial Auto Insurance

Commercial auto insurance is required for businesses that use vehicles, including:

• Delivery services and couriers

• Construction firms and contractors

• Landscapers

• Mobile service providers

• Real estate agents

• Catering services

If you use a personal vehicle for business, or require employees to do so, ask your broker about hired non-owner coverage, which may suit your needs.

Contact Us

Regardless of the size of your fleet, commercial auto insurance can help give your business the protection it needs to resume operations quickly after an incident or accident. The professionals at Sanchez Insurance in Dallas, TX can help you find a policy solution that fits your unique business needs and budget. Contact us today for a quote or more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.