Commercial Auto Insurance

Why Is Commercial Auto Insurance Important?

Commercial auto insurance can provide protection for your business vehicles and employees. The right commercial auto insurance policy will help get you back on the road quickly if your business vehicle is damaged or destroyed by accident, fire, theft, or other covered event. There are a variety of coverage types available, some which are required by law and others that are voluntary. We’ll help determine the level of coverage that is right for you. Give us a call at (651) 636-6911 or request a quote comparison to get started.

Commercial Auto Insurance Coverage

Collision – Pays for damage caused to your vehicle in an auto accident. Standard collision coverage will pay for any repairs up to the fair market value of your car and usually comes with an insurance deductible. A deductible is the amount of money you pay toward repairs before your collision insurance kicks in. The higher the deductible you’re willing to pay, the less the collision coverage will cost.

Comprehensive – Covers damage to your car from something other than a collision, such as if it were stolen or vandalized. Flood, hurricane, theft, windshield damage and fire are also events usually covered by comprehensive. Like collision, comprehensive will pay up to the fair market value of your car (less your insurance deductible). And although it’s not legally required by any state, you will probably need it if your car is financed.

Liability – Liability insurance is required by MN state law because it pays for injuries and damages to you cause to someone else. Bodily injury liability pays medical bills and lost wages, while property damage liability pays for damage to vehicles or other property.

Uninsured/Underinsured Motorist Liability – Covers you and your passengers in case you’re injured by a driver that has no insurance or not enough insurance.

Hired/Non-Owned Coverage – Covers rented vehicles or other vehicles used temporarily for business purposes that aren’t listed on your policy.

Cargo Coverage – Covers freight hauled by for-hire truckers.

And More – There are a variety of additional coverage options that can be added to your policy, depending on your needs.

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