Auto Liability Coverage Contains Two Insuring Agreements
Any business that uses autos needs commercial auto liability insurance. This coverage protects the business against third-party claims that arise out of auto accidents. Claims from vehicle accidents can generate large damages awards against businesses. If a business lacks adequate liability insurance, it may not survive an auto-related lawsuit. A business may be liable for…Read More
What Is Commercial Auto Insurance?
Commercial auto insurance helps cover the costs of an auto accident if you or an employee is at fault. This coverage can help pay for damaged property and medical expenses – even in the event of a fatal accident. Commercial auto insurance can help protect business owners and their companies if, for example: An employee…Read More
Guide to Business Vehicle Insurance
What Is Business Vehicle Insurance? As a businessowner, you need some of the same insurance coverages for the cars, trucks, vans or other vehicles you use in your business as you do for vehicles used for personal travel. Your Businessowners Policy (BOP) does not provide any coverage for vehicles, so you must have a separate…Read More