Commercial Auto Insurance
Commercial Auto Insurance Information
If you’re a business owner who is looking for a comprehensive, affordable business insurance portfolio, then Damon Crossland Agency is the place to come. Our clients trust us to help them find the policies that will offer them rock-solid protection during very difficult times, and we are committed to never letting them down.
To adequately insure your Texas business, you will likely need a diversity of policies, and one of those is commercial auto insurance. Whether you own a fleet of vehicles, or employees operate their personal vehicles for work, they are putting the business at risk should they become entangled in accidents. Commercial auto insurance is one of the best ways to safeguard yourself in case of any costly problem.
To get your benefits started, call us today or just request your free policy quote online.
Common Commercial Auto Insurance Questions:
How does commercial auto insurance work?
Commercial auto policies often look a lot like the standard auto plan, and can offer benefits like:
-
Hired/Non-Owned Auto Liability Insurance: This liability coverage extends to vehicles not owned by the business but used by them for business purposes. These might include employees’ personal cars or vehicles that you rent or hire to use temporarily.
-
Collision Insurance: This covers damage to your own vehicle that you sustained in a wreck.
-
Comprehensive Insurance: This coverage pays for damage from non-accident mishaps, such as weather damage, fires, theft, vandalism or similar accidents.
-
Medical Payments/Personal Injury Protection: If you get hurt in an accident, this coverage can pay for your medical bills. Sometimes, it will cover other losses, such as lost income.
-
Uninsured/Underinsured Motorist Insurance: This insures you against damage caused by someone else who doesn’t have appropriate liability coverage. If you are the victim of a hit-and-run, for example, then this coverage can pay for your car’s damage.
Additionally, other policies and endorsements might help you expand your benefits, such as:
-
Inland Marine Insurance
-
Roadside Assistance
-
Rental Car Reimbursement
-
Custom Parts Coverage
Do I have to have commercial auto insurance?
A multitude of vehicles might qualify for commercial auto insurance. These include:
-
Employees who drive their personal cars on business-related errands
-
Company cars provided to employees for commercial and private use
-
Vehicles hired or rented by the business
-
Certain personal vehicles that qualify as commercial due to their weights or sizes
These vehicles are subject to the same minimum coverage requirements that all drivers are subject to under Texas law. When you buy a policy, you must have at least the following coverage
-
Bodily Injury Liability Insurance: $30,000 per person/$60,000 per accident
-
Property Damage Liability Insurance: $25,000 per accident
Additionally, certain interstate truckers are subject to further insurance requirements set by the Federal Motor Carrier Safety Administration (FMCSA).
Check with your agent to learn more about your precise coverage requirements.
How much does commercial auto insurance cost?
Numerous factors can influence the cost of your commercial auto policy, including the size of your business, the number of vehicles you want insure and where you are located.
We understand that you want to get as affordable of a commercial auto policy as possible, and our commitment to you is that we’ll help you get the perfect combination of coverage so that you are always paying the right price for only the right amount of benefits.
|