What does Commercial Auto insurance cover?
Commercial auto insurance can help pay for expenses related to everything from injuries, property damage and collisions to underinsured motorists, rentals and towing.
Cookie-cutter commercial auto insurance coverage is just about as ridiculous as it sounds. You have specific needs unique to your business, and your car insurance should be customized to the risk you face while driving. Policies typically cover:
Injuries
The bodily injury section of your commercial auto policy covers physical injury to someone who is not in your vehicle up to your policy limit. If you or an employee gets into a car accident while on the job and someone is injured, you or your business want to be protected.
If you have commercial auto insurance, your policy can cover legal fees, and medical bills, recovery time, and more, within your coverage limit.
Property damage
If your business vehicle damages someone’s personal property, your insurance can pay for repairs or a replacement up to your policy limit.
Coverage includes legal fees and some other expenses you never saw coming, like that fancy mailbox you clipped with your side-view mirror.
Personal injury
In this case, “personal injury” refers to you and your employees. If you, an employee or other occupants of your vehicles are injured in an accident, your commercial auto policy can cover the related expenses up to your policy limit.
Collision coverage
You rely on your vehicles to work, so it’s crucial for your business that your auto insurance covers collisions. Your commercial auto insurance can pay for repairs or replacement vehicles if your car or truck is involved in a crash.
The right commercial car insurance can pay for a speedy repair or replacement, up to the actual cash value of your vehicle at the time loss, so you don’t have to lose another day on the job.
Comprehensive coverage
Comprehensive commercial auto insurance coverage could help you repair or replace your vehicle after a theft, vandalism, or weather-related damage.
While you can prevent a lot of mishaps by being careful and cautious, there are some that you just can’t anticipate — like a tree in the office parking lot falling on your car or a break-in outside your yoga studio.
Just be sure to read your policy details carefully to find out exactly what your commercial auto insurance does and doesn’t cover.
Underinsured motorists
Another driver hits you and totals your truck. It gets worse. They don’t have enough coverage to replace it and cover your medical bills. Your commercial auto policy with Next Insurance covers uninsured or underinsured motorists up to your policy limit.
Rental reimbursement
Your car is in the shop after an accident and you have to rent a car to get around. Your commercial auto insurance covers your rental for up to $100 per day for up to 30 days if you purchase our “pro” or “pro plus” package.
Towing and labor reimbursement
While on the way to a worksite, your vehicle overheats and it needs to be towed to a shop. Your commercial auto policy will reimburse towing expenses up to $200.
Add Hired and Non-Owned Auto coverage for more protection
When you purchase hired and non-owned auto (HNOA) coverage with a new commercial auto insurance policy, you get extra protection for rented vehicles and coverage when an employee occasionally uses a personal vehicle for work.
This upgrade can help pay for expenses after an accident if someone other than an employee is injured or someone else’s property is damaged.
Learn more about HNOA insurance.
What is not covered by Commercial Auto insurance?
Our auto policies don’t cover passenger transportation businesses, vehicles with more than two axles, food trucks or drivers under 18 years old.
NEXT Insurance commercial auto policies don’t cover:
- Passenger transportation businesses (a.k.a. livery of passengers), such as taxis, limo, Uber and Lyft. Note: We do cover app-based food delivery services.
- Vehicles with more than two axles
- Drivers under 18 years of age
- Food trucks
Also, every insurance policy, regardless of where you purchase it, has exclusions — that’s insurance talk for incidents that won’t be covered.
You don’t want to be surprised by what your commercial auto insurance doesn’t cover. Review the particulars of your coverage before an accident happens to make sure you have the right insurance for your needs.
How NEXT can help you with Commercial Auto insurance?
We offer an easy way for small business owners and self-employed professionals to get commercial auto insurance online. In just a few minutes, you can get a quote, purchase coverage and share your certificate of insurance.
Our team of licensed, U.S.-based advisors is here to help if you have any questions.
More about Commercial Auto insurance:
Commercial Auto insurance cost
Hired & Non-Owned Auto insurance
