Insurance for commercial vehicles is necessary for many small business owners or freelancers to make sure that their business vehicle is covered since there are bigger liability issues for
a business vehicle involved in an accident that a personal policy won't fully cover.
Not exact matches
For example, when you're
involved in a car
accident with another person, you have the right to sue the person, the insurance company, or the
business responsible for your injuries or damages to your
vehicle.
This HDFC Ergo plan offers insurance to a wide range of commercial
vehicles, protecting
businesses from financial loss due to
accidents or damage to the
vehicles, and legal liability towards third parties for personal injury, death and property damage
in case of an
accident involving the insured
vehicle.
In NJ, a commercial auto insurance policy provides liability protection for drivers and business owners if they are involved in an accident with another vehicle or cause damage to propert
In NJ, a commercial auto insurance policy provides liability protection for drivers and
business owners if they are
involved in an accident with another vehicle or cause damage to propert
in an
accident with another
vehicle or cause damage to property.
Learn the basics of commercial
vehicle insurance and how it protects you and your
business in the event of an
accident involving a
business vehicle.
Liability limits for commercial or
business policies are much higher than they are for personal policies, simply because the potential for large liability expenditures is much higher
in accidents involving business vehicles.
They also may contain helpful provisions such as rental or non-owned
vehicle coverage, which can come into play if an employee
vehicle is
involved in an
accident or otherwise damaged while the employee is using the car for
business purposes.
Even if you drive your personal
vehicle for
business purposes, you must have commercial auto insurance
in place, as your personal
vehicle insurance may not cover an
accident you're
involved in while driving your
vehicle for
business.
They are the ones that give peace of mind to operators of trucking
businesses, whose
vehicles are exposed to a high risk of getting
involved in road
accidents.
Liability coverage provides the
business owner protection if the driver of their
vehicle causes an
accident and covers both bodily injury and property damage for the other people
involved in the
accident.