What to Look For in Your Commercial Vehicle Insurance Coverage Options
When shopping for commercial vehicle insurance coverage, it's important to consider several key factors to ensure that you have the right coverage for your business. Here are some things to look for:
1- Liability Coverage: Liability coverage is typically the minimum required coverage for commercial vehicles. It covers damages or injuries that you or your employees cause to others while operating the vehicle. Make sure the coverage limit is sufficient for your needs.
3- Uninsured/Underinsured Motorist Coverage: This type of coverage protects you in the event of an accident with an uninsured or underinsured driver. It can provide additional protection and peace of mind.
5- Towing and Labor Coverage: Towing and labor coverage can help cover the costs of towing and repairing your commercial vehicle if it becomes disabled.
7- Specialized Coverage: Some industries may have specialized coverage requirements, such as cargo coverage for delivery businesses. Make sure you have the coverage specific to your business needs.