Commercial Auto Insurance Coverage
A commercial auto insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire, and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.
Commercial automobile insurance policies are not regulated in pricing, as are private passenger policies. There is price competition between insurance companies for good commercial automobile insurance.
Protecting Your Business on the Road
Whether your business operates a single vehicle or an entire fleet, commercial auto insurance ensures you’re protected from the risks of the road. Accidents, vehicle damage, or liability claims can result in major financial setbacks. A well-structured commercial auto policy covers damage, medical costs, legal expenses, and even downtime-related losses, so your operations stay on track. At KVCW, we’ll help you choose coverage tailored to your business type, usage needs, and budget, keeping your team and assets protected wherever the job takes you.
