Commercial Auto Insurance

Many businesses send employees to make deliveries or consult with customers in company-owned vehicles. These businesses depend on vehicles for everyday jobs, and commercial auto insurance can protect a business’s drivers and vehicles.

Your company could be liable for medical bills and other costs if one of your employees has an accident and you don’t have commercial auto insurance. Vozza Insurance can help you review your business’s insurance needs to ensure you have the coverage your state requires.

What Does Commercial Auto Coverage Provide?

Commercial auto insurance provides an array of coverage such as the following:

·        Liability insurance might help pay for the damage your business vehicle causes to others. Michigan state law requires all drivers to carry minimum levels of residual bodily injury and property damage liability.

o   Bodily injury liability coverage may pay for third-party medical bills and sometimes death benefits. 

o   Property damage liability coverage may pay for damage to the other party’s property. 

·        Comprehensive insurance is coverage for damages after an accident or incident unrelated to a collision, such as vandalism, weather damage or a fire. 

·        Collision insurance may pay for damages to the vehicle sustained in an accident with another vehicle or a stationary object. 

·        Hired/non-owned auto liability insurance covers personal, rented or leased vehicles you use for business.

·        Personal injury protection (PIP) coverage provides coverage for reasonable and necessary medical expenses incurred from an accident-related injury, as well as wage loss and replacement services for up to three years following the date of the accident. For policies that are issued or renewed after July 1, 2020, Michigan law requires all drivers to carry minimum amounts of PIP coverage.

·        Medical payments coverage might pay the medical bills if you or a passenger suffered injuries in an accident. Sometimes it covers other losses, such as lost income. 

·        Uninsured/underinsured motorist insurance may help cover damage caused by someone who doesn’t have adequate liability coverage.

Does My Business Need Commercial Auto Insurance?

Your business may need commercial auto coverage if your company has the following:

·        Business vehicles you give to employees for commercial and private use 

·        Vehicles owned, leased, hired or rented by your business 

If your business has employees who drive their personal vehicles for business-related errands, you need a hired non-owned auto (HNOA) policy. Commercial auto coverage will not cover vehicles not owned by the company—unless they have additional HNOA coverage.

How to Get Commercial Auto Insurance

Vozza Insurance is here to help your business navigate its commercial auto insurance needs. Call us at 800-668-5910 or 231-938-6200 today to get started on your policy.