Any business operating vehicles for deliveries, meetings, and other processes must have Commercial Auto Insurance in Santa Cruz. While most owners know that liability coverage is a legal requirement, it doesn’t provide enough protection. As owners talk to their insurance agents, they should consider the below types of commercial auto coverage.
Bodily Injury Liability
This type of coverage protects the business owner in the event of a driver, passenger, or other motorist’s serious injury or death. It’s one of the most widely-used types of insurance, and most companies need it.
Property Damage Coverage
If a company vehicle is in an at-fault accident where another party’s property is damaged, this coverage takes over. It’s another common type of insurance coverage, and many states require it.
When a company vehicle hits another car or is hit, collision insurance kicks in. Damages from these collisions can be extreme, and they’re not always covered under other kinds of property damage insurance.
This is yet another common type of Commercial Auto Insurance in Santa Cruz. Comprehensive coverage applies to the company’s vehicles, not damage done to others’ property, and it offers coverage for non-accident damage. For instance, if a tree falls on a car, or if a company truck is vandalized, comprehensive insurance covers the repairs.
Underinsured and Uninsured Motorist Coverage
This type of commercial auto insurance policy protects the company’s vehicles if the at-fault party doesn’t have any or enough insurance to pay the damages.
Medical Payments Insurance
In many instances, a person hurt in an auto accident has high medical bills. With medical payments insurance, there’s coverage for expenses that drivers and passengers incur after a covered incident.
Call Today to Discuss Coverage Options
Business and commercial auto insurance is an important way to minimize the risk associated with running a company. Every day that an employee or owner is on the road, no matter how safe they are or what they’re doing, the business is at risk. With proper insurance coverage, such risks are greatly reduced. For additional information or to request a no-obligation commercial auto insurance quote, call Coast Auto Insurance today.