What is Commercial Auto Insurance?

 

Commercial auto insurance in Lancaster SC can cover a combination of vehicle types and drivers, as well as some types of motorized equipment. Commercial auto insurance covers vehicle damage and driver injuries. It provides for bodily injury liability and property damage while operating a company automobile, and medical payments or Personal Injury Protection (PIP) for the driver and passengers of the policyholder’s car.

What you need to know about your commercial auto insurance:

Hired/Non-owned Auto Liability

Hired and non-owned auto insurance covers liability expenses for a non-owned vehicle or a vehicle that is not listed on the policy.  This provides business insurance coverage for certain liabilities arising from the use of a rented or leased vehicle (hired), or a non-owned vehicle (employee using their own vehicle on company business). Oftentimes this coverage can be added to a business auto policy, or in some cases, a general liability policy for a minimal charge.

Use of Personal Vehicles

Insurance policies may not cover damage to your privately owned car or truck when it is used for business, even when it is a small business such as selling cosmetics, jewelry, or pizza delivery.  You will also need to make sure that your personal insurance policy will cover you if you use your vehicle in a ride share business such as UBER or LYFT.

 

P&C Captive  Commercial Auto   Commercial Property  General Liability  Worker’s Comp  Cyber Insurance