Commercial Auto Insurance
No matter how large or small your business, if you use a vehicle for any part, you need commercial auto insurance. Unfortunately, many people make the mistake of using their personal vehicle for business operations, especially as you’re just getting started. It can seem like a lot of extra money to invest in a whole other vehicle or even add on a commercial auto insurance policy, but if you’re in an accident, it could be the one thing that ends up saving you money and your business. For example, let’s say you let a new employee take their personal vehicle to the store to grab lunch for the office. She gets into a serious accident and the investigation reveals that she was still on the clock while running this errand. Her personal vehicle policy refuses to cover any damages to the car or resulting medical bills. Without commercial auto insurance, she could sue you to cover damages and if found guilty, you’d be forced to pay. Even if you don’t know exactly what you should purchase for your business, a Green Peak insurance agent can work one on one with you to help analyze your risks and find a commercial auto insurance policy that provides the most protection. If you ever need to make changes to your policy, simply create an Insurance Genius account and you can add new drivers, vehicles, or update your entire coverage from the comfort of your own home. Here’s what a typical commercial auto insurance policy would include:
- Bodily injury liability
- Property damage liability
- Combined single limit
- Medical payments
- Uninsured motorist
- Comprehensive physical damage
- Collision
You’ll need to identify which policy limits are appropriate for your business. Too often, business owners set a low coverage limit with a high deductible to save on monthly payments. Let Green Peak insurance agents find a policy that provides you with full protection and peace of mind for your commercial auto insurance.
