Commercial auto liability insurance, also known as business auto liability insurance, protects a company against costs associated with accidents or property damage incurred by a business owner or one of their employees driving an insured commercial vehicle. Any type of commercial vehicle, including cars, SUVs, vans, and trucks, may be covered by commercial auto liability insurance.
What is a Commercial Auto Liability?
Car insurance for cars used for work or business is known as commercial auto insurance. Standard or personal auto insurance, on the other hand, is automobile insurance for cars used in your personal life.
Commercial car insurance includes a variety of coverage options, including:
- Liability coverage: Bodily injury liability (BIL) protects you if you or one of your employees injures someone else while driving one of your insured vehicles, while property damage liability (PDL) protects you if you or one of your employees injures someone else while driving one of your insured vehicles.
- Medical-related coverage: If the cars are involved in an accident, it covers the medical bills of the driver and passengers, regardless of fault.
- Collision coverage: Insures the cars from damage caused by collisions, regardless of who is at fault.
- Comprehensive coverage: Covers burglary, vandalism, severe weather, dropping items, and other non-crash accidents that cause damage to your car.
Do you need Commercial Auto Liability insurance?
Commercial auto liability insurance is required for any company whose owner(s) or employees use company-owned vehicles for business purposes. Commercial auto liability insurance is designed to cover a wide range of vehicles and scenarios. Agents should pay attention to a company's needs in order to assist them in developing a personalized and comprehensive insurance plan.
You don't need a commercial auto policy if you just drive your personal car to and from work; your daily commute is protected by standard car insurance. If you use your car for work, though, your personal auto insurance won't protect you, and you'll need commercial auto insurance. However, determining whether or not you want a separate commercial auto policy can be difficult at times.
At Logos Insurance Services, we specialize in assisting you in locating the best insurance coverage for your specific needs are now serving Torrance, California Residents. We continuously assess the company's or business's needs and find tailored insurance solutions to meet them while providing exceptional customer support to ensure a smooth and hassle-free experience. Contact us right away to assess the business risks and determine how to protect yourself best. You can also call us on our hotline (818) 860-4400 for more details.