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Commercial Auto Policy, Who and What is Covered?

commercial trudksYou count on a commercial auto policy to protect your business from liability risks incurred when you or an employee gets behind the wheel for business purposes. To get the most from your commercial policy, you need to know what it covers and, more importantly, what it doesn’t.


When you set up a commercial auto policy, you must ensure that every potential driver who might get behind the wheel is listed on your policy. As new employees join your company, you must contact your insurance agent or the company directly and ensure they are added to the procedure. If anyone not listed as a driver gets behind the wheel, you risk being denied coverage in case of an accident. A commercial auto policy can and will protect all of the drivers in your business, but only if you are sure they have been appropriately added as insured drivers.

There are several types of commercial auto policies. Under an individual auto policy, a specific car owned by the business is covered for liability and other options you may choose. When you have a fleet policy, you will have a single policy covering every vehicle the company owns. Like adding new drivers, you should be sure to add and remove cars as needed to keep your policy current.

A commercial insurance policy covers you for property damage and injuries to others that occur due to a covered driver’s actions. That means that if your employee is found to be at fault in an accident, the commercial auto policy will kick in and prevent your business from becoming the target of a lawsuit for damages. Why does this matter? Because if you don’t have the coverage you need, your business could face financial ruin. When a company is involved, lawsuits are more likely; injured parties see the likelihood of a higher financial payout. Your commercial auto policy protects you from this lawsuit, providing coverage for the liability you take when you let employees drive your vehicles.

A commercial auto policy also protects you from damage that can be done to the vehicles you own in the course of business use. Vehicles that are on the road more often-as, many business vehicles, are-are at a higher risk of being damaged. Your commercial policy protects you from drivers’ errors, theft, vandalism, and other damage.

While you are careful in choosing the people you hire, everyone makes mistakes. Unfortunately, when someone is driving a vehicle owned by your company, you can be held responsible for those mistakes. Commercial auto insurance ensures your business won’t face a disaster due to an accident.


Don Westerfeld 8/5/2014 10:36:00 AM

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New Discounts Available for Truck Insurance!

Save money on trucker insurance. There are several new discounts available!


miami 152smSeveral commercial insurance companies are introducing discounts that could increase your money.

If you have current insurance, you need to ask yourself if you are getting these new discounts, and if you are newly acquiring a commercial truck, you need to make sure the agent is aware of them.

  • Multi-policy for discount having General Liability
  • CDL license length of time
  • Safe Driver


There are several types of Truck insurance:

Non-Trucking Liability

Non-Trucking Liability (Bobtail Coverage) provides limited liability insurance for owner-operators permanently leased to an ICC-regulated carrier. It offers little liability protection when the owner-operator is not on dispatch nor pulling a loaded trailer. For example, this truck insurance coverage would apply when the owner-operator gets their truck washed or brings their vehicle into a shop for repairs. Once the owner-operator is under dispatch, they are covered under the Primary Liability insurance policy of the company that they are leased to.

Trailer Interchange

Trailer Interchange Insurance is coverage for the legal liability of truckers for loss or damage to non-owned trailers and equipment that are in the insured’s possession under a written trailer interchange agreement.

Primary Liability

Primary Liability Insurance coverage protects you from damage or injuries to other people due to a truck accident. State and federal agencies mandate this coverage, and proof of coverage must be sent to them. We provide coverage limits ranging from $35,000 to $1,000,000. Pricing is dependent on driving records and the history of the trucking operation.

Physical Damage

Physical Damage Insurance is coverage for your truck and trailer. This coverage is for repair or replacement for damage resulting from a collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vandalism to your vehicles. Truck Insurance pricing is based on the value of your equipment and usually pays a percentage of that value. The lien holder may require this coverage of your vehicle.

Motor Truck Cargo

Motor Truck Cargo insurance protects the transporter from his responsibility in the event of damaged or lost freight. The truck insurance policy is purchased with a maximum load limit per vehicle. Coverage limits can range from $10,000 to $100,000. Pricing for this type of truck insurance mainly depends on the cargo type being hauled.

Contact us for more information!

Don Westerfeld 2/22/2011 12:26:00 AM

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