Business Auto Insurance
Protect Your Business Assets from Auto Liability Risks
If you or one of your employees causes an accident while driving a company vehicle, your business can be held responsible.
To protect your business, you need a Business Auto policy. Like your personal policy, a Business Auto policy is a package that includes bodily injury and property damage liability coverage. There is also Comprehensive and Collision coverage for autos owned by the business.
Why Business Auto Insurance?
- Insurance limits are typically higher than on a Personal Auto Policy.
- It covers situations where your employees are using their own vehicles for business. (“Non-Owned Auto”)
- Most policies provide liability coverage for your employees’ own vehicles when used for business, if the claim expense exceeds their personal policy limits.
- Your Personal Auto Policy may have exclusions relating to business use.
(Information provided is a summary only. For complete terms and limitations, please refer to the applicable Certificate or Policy of Insurance. Specimen copies available upon request.)