Commercial auto insurance is a type of insurance that covers vehicles used for business purposes. This type of insurance is important because it can protect your business in the event that an accident occurs while one of your vehicles is being used for work-related reasons. Remember, if you don't have commercial auto insurance and an accident occurs, you could be held liable for the damages. Here are four signs that you need to talk to a commercial truck insurance provider.
1. You Use Your Vehicle for Business Purposes
Whether you use your vehicle to offer services, transport personnel, or sales calls, you need commercial auto insurance. It's also worth noting that you don't need to own the "right" vehicle for the business to require commercial auto insurance. You could be using a van, truck, or car for business purposes - it doesn't matter. As long as you're using the vehicle for work, you need to have it covered.
2. You Use Your Vehicle to Transport Equipment or Goods
You also need commercial auto insurance if you use your vehicle to transport equipment or goods for business purposes. This is because if something happens to the equipment or goods while they're in your vehicle, you could be held liable. Not only that, but if something happens to your vehicle while it's transporting equipment or goods, you could end up having to pay for the damages out of pocket.
3. You Have Employees
If you have employees, it's important to have commercial auto insurance. This is because your employees could be injured in an accident while they're traveling for work. If you don't have commercial auto insurance and an accident occurs, you could be liable for their injuries.
4. You Use Your Vehicle to Make Deliveries
If you use your vehicle to make deliveries for your business, you need commercial auto insurance. This is because if something happens to the goods while you are transporting them, your personal auto insurance policy likely won't cover the damage. They may also not cover damage to your vehicle if it's involved in an accident while making a delivery.
If you're using your vehicle for business purposes, it's important to have commercial auto insurance. This type of insurance can protect you in the event of an accident. According to Iihs.org, 11% of motor vehicle crash deaths in 2019 occurred in large truck crashes. As a commercial truck insurance provider, we understand the importance of having commercial auto insurance and can help you find the right policy for your business. Call Truck and Transportation, LLC today.