Best commercial auto insurance - PowerPoint PPT Presentation

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Best commercial auto insurance

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Best commercial auto insurance – PowerPoint PPT presentation

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Title: Best commercial auto insurance


1
Commercial Auto Insurance For Your Business
  • There's more to it than you know?

2
What Is Commercial Auto Insurance??
  • A type of specialized business insurance that
    covers your business's trucks, buses, cars, and
    vans in case of theft, vandalism, accidents, and
    natural disasters. If the success of your
    business relies on the smooth operation of your
    automobiles, then commercial auto insurance is a
    necessity.?
  • It covers rented and leased vehicles as well as
    the equipment they carry.?

3
What Is the Best Commercial Auto
Insurance Policy??
  • The best commercial auto insurance policy
    covers?
  • Accident Liability?
  • Repair Costs?
  • Medical costs for bodily injuries ?
  • Uninsured motorists ?
  • Defense costs ?
  • Vehicle theft ?
  • Vandalism ?
  • Collision Coverage ?

4
What Won't the Policy Cover??
  • Any intentional bodily injury or property damage.
    If the commercial car insurance company finds
    that you or your employees were racing on the
    road or intentionally colliding into other
    vehicles, they will deny you coverage. ?
  • ?
  • Any liability assumed under a contractual
    agreement cannot be covered by commercial auto
    insurance. In these cases, it's recommended that
    you buy a contractual liability insurance
    policy. ?
  • If you or your employees use company vehicles for
    illegal purposes, the insurance provider will
    deny all claims. ?
  • ?
  • Commercial vehicle insurance doesn't cover
    personal vehicles by default.?

5
What is the Cost of Commercial Auto Insurance??
  • Fit Small Business states that commercial vehicle
    insurance on average for one vehicle will cost a
    small business around 600 to 2,400 annually.?
  • Factors that affect the premium are?
  • Type of vehicles?
  • Number of vehicles?
  • Coverage limits?
  • Deductibles?
  • Cargo type?
  • Credit score?
  • Claims history?

6
Top 5 States with the Highest Commercial Auto
Insurance Premiums?
  • Louisiana - 2,839?
  • Michigan - 2,112?
  • Florida - 2,082?
  • California - 1,966?
  • Missouri - 1,895?

7
Don't Hit the Road without Broad Coverage?
  • Commercial auto insurance offers a wide range of
    protection for all kinds of commercial
    automobiles. ?
  • Find a local insurance agent to help you get the
    right quotes today! ?

8
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