Commercial Auto Insurance in Sulphur Spring, TX

Commercial auto insurance plays a role in safeguarding businesses from the unique risks associated with operating vehicles for business purposes.

What Is Commercial Auto Insurance?

Commercial auto policies are designed to help cover vehicles used primarily for business purposes. Whether you own a fleet of delivery trucks, service vehicles, or use a car for business tasks, a commercial auto policy can help financially protect your assets in case of accidents, damage or other unforeseen events.

This type of insurance typically helps cover your liability for third-party injuries and property damage after a covered accident. It may also cover damage to your vehicle after an incident or accident. If you transport cargo owned by another person or business, your agent may recommend adding cargo insurance to help protect your company from the associated financial risks.

How Does Commercial Auto Coverage Work?

Commercial auto coverage works similarly to personal auto insurance but is tailored to the risks associated with business activities. When you purchase a commercial auto policy, you’ll specify the vehicles and drivers covered under the policy. The premium you pay is based on factors such as the type of vehicle, how it’s used, the driving records of your employees and the coverage limits you select.

In the event of an accident or damage, you file a claim with your insurance provider. They assess the claim and provide compensation according to the terms of your policy, whether it’s for repairs, medical bills, legal costs or other covered expenses.

What Is the Difference Between Commercial and Regular Auto Insurance?

The main differences between commercial auto and regular (personal) auto insurance lie in the scope of coverage and the types of vehicles insured.

Personal auto insurance covers vehicles used for personal reasons, such as commuting to work or running errands. Commercial auto coverage typically offers higher liability limits to protect businesses from potentially costly lawsuits resulting from accidents involving business vehicles.

Commercial auto policies cover a broader range of vehicles than personal auto insurance. It can include cars, trucks, vans and specialty vehicles used for business operations.

Contact Us

Contact Giles Insurance Agency in Sulphur Spring, TX, for personalized commercial auto insurance quotes.