If your business operations involve the regular use of vehicles – whether you’re a contractor driving between jobsites, or a restaurant owner with a fleet of food delivery vehicles – you need the right protection in place to protect yourself, your employees, and your bottom line. That’s where commercial auto insurance comes in.
Commercial auto insurance is designed to fit your business needs and help you protect the vehicle, or fleet of vehicles, you use to run your business efficiently.
Commercial auto insurance is designed to fit your business needs and help you protect the vehicle, or fleet of vehicles, you use to run your business efficiently. This coverage is designed to ensure you’re not leaving your business vulnerable to costly risks and expensive losses. Commercial auto insurance can help in the following scenarios:
- If you, your employed drivers, or your passengers get injured in a car accident involving your business vehicle, commercial auto insurance can help cover medical expenses and lost wages.
- If you have to rent a temporary car for regular business operations after a car accident involving your business vehicle, commercial auto insurance typically provides replacement car coverage.
- If your business acquires new vehicles, commercial auto insurance automatically covers these vehicles through a blanket fleet endorsement if you have a fleet policy.
Think commercial auto insurance coverage is what your business needs?
Can you prevent claims from happening entirely?
While insurance is crucial when it comes to protecting your bottom line following an incident, nothing can eliminate your risks altogether. However, you can work to mitigate those risks, and we can help you! This is where our Risk Services programs come in.
We’ve developed exclusive programs and services to help you enhance workplace and employee safety – a must in any business. Our Risk Services Specialists are available to help you create, implement, and maintain a company safety program and provide you and your employees with valuable safety advice.
When you need help quickly, our Risk Management Assist service grants you direct telephone access to our Risk Services Specialists, who can answer a variety of questions on topics including property, auto, and liability loss prevention. They can also provide guidance on any regulatory, legislation, or code requirements your business may be dealing with.
Ready to learn more about how Federated Insurance can help your business?
Commercial property insurance:
Commercial property insurance can help protect your physical assets. This doesn’t just mean your storefront, warehouse, or other business location; this coverage can also help cover the repair or replacement costs for tools, equipment, inventory, electronics, and other assets that are crucial to running your business.
Commercial general liability insurance:
Also known as CGL for short, this coverage can help your business recover from a loss if you’re found legally liable for bodily injuries or property damage to a third party. CGL insurance can also offer protection in situations where you or your employees are conducting business offsite.
Business interruption insurance:
Business interruption insurance will help to pay for your loss of business income should you suffer a covered loss at your business location. This coverage is designed to help you recover lost business income and cover ongoing business expenses if your business is temporarily closed for repairs.