Providing Protection for you Business Auto
Whether you own one vehicle or an entire fleet of vehicles, we are here to help you implement custom coverage that will protect your business and personal assets from the added exposure that commercial vehicles bring with them.
When a vehicle collision happens it’s never pleasant, especially when it’s with one of your business vehicles, the consequences can be more complicated. Business auto insurance, also known as commercial auto insurance, takes all the elements of normal auto coverage and adds on extra protection.
Business Auto Liability Insurance
Business auto insurance liability and physical damage provides protections for all your vehicles, such as cars, trucks, vans, and fleets used in your daily business. Commercial vehicles require a sperate policy since they are typically at a greater risk of having an accident than a personal vehicle.
Business auto provides coverage for other types of businesses. Do you use your vehicle to run errands, carry tools or transport clients? Then you need a business auto insurance. Business auto insurance is essential for anyone who runs a business, obtaining the proper coverage can sometimes get confusing. Lancaster Insurance Center can help!
When obtaining commercial auto insurance, you can generally obtain higher limits of liability coverage to indicate the fact that a business typically has more assets at risk than an individual. With commercial auto insurance, you can purchase physical damage coverage (Comprehensive & Collision). These coverages pay out for damage to your commercial vehicle, no matter what the cause was – a protection that is essential if you finance or lease commercial vehicles.
Should you apply regular car insurance to a business vehicle? The answer is NO!
These are the reasons why:
• Business assets are at risk when a commercial vehicle is involved in an accident. It’s important that your coverage limits are higher for your protection and your financial protection.
• Commercial auto insurance offers comprehensive & collision coverage. Providing the business owner with reimbursement for damages regardless of who is at fault for the accident.
Don’t risk everything you worked hard in building when it comes to your business. If your business includes commercial vehicles, then don’t you feel it’s time to purchase business auto insurance?