Commercial Auto Insurance

Commercial Auto Insurance Quotes

A variety of Commercial Auto Insurance policies exist to protect the business use of cars, vans, trucks, and trailers. Most policies are customized to fit the unique needs of each business. The typical policy covers:

  • Injury or death of drivers involved in an on-the-job collision.

  • Injury that you or one of your employees cause to others in an on-the-job vehicle accident.

  • Damage or loss to your business’ vehicles and cargo.

  • Damage you or your employees cause to others’ vehicles or property.

  • Uninsured motorist protection.

As with Personal Auto Insurance, Commercial Vehicle Insurance covers personal injury, damage to vehicles and property, and protection from liability.

What Commercial Auto Insurance Is Not

Commercial Auto insurance has many similarities to Personal Auto Insurance, but there are significant differences. Coverage limits are usually higher. It gets a bit complex when you or your employees use personal vehicles for business use. Most commercial policies won’t cover an employee’s personal liability (just company liability), and most won’t reimburse employees for damage caused to personal vehicles used for company business. Check with your agent to see if your business use of personal vehicles warrants commercial insurance. Requirements and rules vary from state to state.

Florida small business insurance policies

In Florida, some of the most common policies for small businesses include:

General liability insurance

General liability insurance helps cover expenses related to injuries incurred by customers and visitors to your property. It can also help cover property damage and advertising injuries. Examples of situations that may be covered by general liability include:

  • A deliveryman slides on ice on the front step of your business and breaks a wrist.

  • A model attending a photo shoot at your private studio trips over a loose cable and twists an ankle.

  • Your marketing team comes up with a slogan that your competitor claims is slander.

Property insurance

Your business property, which includes the building, equipment, and inventory, may suffer damages due to accidents or crime. Commercial property insurance can help pay for repairs or replacements that are necessary when:

  • A pipe breaks at your convenience store, causing extensive water damage to your inventory.

  • Expensive lotions and beauty products are stolen from your spa.

  • An employee at your architecture firm knocks over a detailed scale replica of a building.