The Basics of Commercial Auto Insurance – Insurance Business News


personnel, and property should there be an accident or other damage. You will learn the essentials of commercial automobile insurance as well as the reasons why it’s so important.

If you own and drive the vehicle, you’ll require an auto insurance commercial policy. Additionally, you’ll need an extra coverage for employees who make use of other vehicles you own. There are many types of insurance to protect you from different types of damage.

Liability insurance is typically required by law in every state, however, you may want more coverage in the case that your vehicle is damaged by the negligence of an uninsured motorist, or by something different, such as a falling tree branch.

The kind and the weight of the vehicle are also vital. Commercial dump trucks, commercial trailers or tow truck. each require specific forms that cover commercial automobile insurance. As policies differ between different insurance companies from one to the next and from one provider to the next, you must speak to an agent for more details on your insurance policy.

Watch this video to get more information about commercial auto insurance policies.

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