Business Auto Insurance

The term business auto insurance is often used synonymously with commercial auto insurance. This type of insurance plan can help to cover the costs of an auto accident if either you or an employee of yours is at fault. These coverages can help pay for medical expenses, damaged property, and can help in cases of a fatal accident as well. A commercial auto insurance plan is required for many businesses and is regulated by the government. While there are minimum limits for commercial auto insurance in each state, many people choose to get a higher amount than the average to further protect themselves. In addition, there are many add-ons, also called endorsements, that can be added to provide further protection for your specific business. The flexibility you can find in policies at Fontana Trucking Insurance is impressive. Get in touch with one of the expert professionals here today.

What Is Business Auto Insurance?

Business auto insurance protects business owners and their companies in many ways. If an employee hits a pedestrian while driving a work vehicle, there could be a liability for expensive medical bills. Commercial auto insurance can help cover the costs of medical treatment for the pedestrian. If you swerve off the road and damage another person’s property, business auto insurance can help cover these expenses as well. The benefits extend to car accidents with other vehicles as well, helping cover the costs of repairing the other person’s vehicle. Outside of this, if you are caught driving without a valid insurance plan as a business owner, you can get tickets, fines, fees, and other penalties. Get a commercial auto insurance quote today and learn how you can protect your small business financially.

Does Your Small Business Need Commercial Auto Insurance?

Figuring out if your small business needs commercial auto insurance is fairly straightforward. If your business owns, leases, or rents vehicles such as trucks or cars, you should look into whether you need commercial auto insurance. If you or your business has employees that drive their own vehicles to conduct work, commercial insurance plans may be needed. Also, if you have employees who operate leased, rented or owned company vehicles, you may need a commercial plan. Having the proper type of business insurance is essential. There is a difference between driving a sedan to travel between business meetings and telling millions of dollars of electronics in a semi-truck. Fontana Trucking Insurance can help you get the best rates to suit your needs, quickly and efficiently.

How Much Does Commercial Auto Insurance Cost?

Due to the wide range of commercial car insurance types and commercial trucks and types, the cost of a person will pay can vary drastically. Variables can include a person’s driving record, the number of years they have been in business, their credit score, whether they are transporting cargo or people, and numerous other variables. Fleet owners will often be interviewed by a risk team that can assess your company’s needs. They may do an in-depth analysis of your team’s driver’s safety records, a review of possible accident causes, and they will make recommendations on strategies to prevent accidents as well. Sometimes training courses are available to help companies reduce their insurance costs through discounts.

Vehicle Type Typical Premium Range
Commercial Car $600 to $2,400
Delivery or Cargo Van $3,300 to $6,200
Limousine $4,000 to $10,000
Taxi $5,000 to $10,000
Semitruck (Owner-Operator) $8,000 to $12,500

What Coverage Options Should A Commercial Auto Policy Include?

Primary liability coverage, general liability coverage, cargo coverage, umbrella coverage, and numerous other types of endorsements are often recommended. The team at Fontana Trucking Insurance can let you know more information. You may want to consider getting uninsured motorist coverage, and property damage coverage is often required by law. The experts at Fontana are standing by to assist you in getting the best policy to suit your needs. 

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