Commercial Auto Insurance

Commercial Auto Insurance

Using a vehicle to conduct business transactions generally requires commercial auto insurance. With the protection of commercial auto insurance, you protect your business from damages stemming from accidents incurred while doing business.

Commercial auto insurance is available for different types of vehicles, including cars, trucks, and heavy-duty trucks.

Why Purchase Commercial Auto Insurance?

One of the main benefits to purchasing commercial auto insurance is the fact that you will have more coverage than you would with a personal auto insurance policy. Since businesses are exposed to more risks, your auto insurance coverage provides higher commercial auto insurance limits. With larger limits, you don’t have to worry about spending business revenues to cover a loss you may incur.

Additionally, commercial auto insurance protects employees who drive your business vehicles. With a commercial auto insurance policy, you don’t have to worry about who is behind the wheel of your car. As long as they are one of your employees, then your business and your employee are both protected by your policy.

What’s Included in Commercial Auto Insurance Coverage?

Much like personal auto insurance, you get multiple options for coverage with commercial auto insurance.

Liability insurance protects you when you cause injury to another person or you damage someone’s personal property.

Comprehensive and collision coverage help you repair and replace your car if you are in a no-fault accident or your commercial vehicle is stolen.

Uninsured and underinsured motorist coverage covers injuries you incur as a result of being hit by a motorist who is uninsured or underinsured. In many cases, this protection helps you cover property damage you incur from an accident.

Medical payments is an optional coverage that helps you cover the cost of injuries to the driver of your commercial vehicle and everyone in the car at the time of the accident.

When you are ready to inquire about our services, don’t hesitate to contact us.

MDP helped us through a very complex builder’s risk in New York city and worked with us every step of the way. Their attention to detail was phenomenal, and they continue to provide our museum with an excellent risk management program today. MDP’s people are professional, enjoyable, and experts at what they do.

Barry Roseman, COO, EVP, Lower East Side Tenement Museum