A
"commercial vehicle" refers to any type of vehicle that is used for business or commercial purposes. It can include trucks, vans, buses, or any other vehicle that is used to transport goods, people, or provide services for profit.
Full definition
If employees (or anyone else associated with your business) drives your vehicle, then you'll definitely need some form of
commercial vehicle insurance in place.
In the case of insufficient limits, the type
of commercial vehicle insurance you have may not be enough to cover the full financial extent of the damages.
Be sure to work with a knowledgeable independent agent specializing
in commercial vehicle insurance who can customize a policy to your needs.
One of the best ways to identify the right
commercial vehicle policy for your needs is to work with an independent agent in the Trusted Choice ® network.
Because of the weight and size of large trucks, the majority of fatalities involving large
commercial vehicle accidents happen to occupants in passenger vehicles.
As a business owner, you will
need commercial vehicle insurance for every vehicle in your fleet, as well as coverage for all of your drivers.
Another study
on commercial vehicle drivers had revealed that the risk of accidents due to texting while driving has increased considerably even if the incidents of such texting are reported less.
In addition to these policies, any given business will need to assess additional coverage needs such
as commercial vehicle insurance, construction bonds, premises liability and other specific policies.
As professionals held to a higher standard, most
commercial vehicle drivers carry insurance policies with higher limits that can translate into higher awards.
As a tow truck owner, you face some of the same concerns as owners of
other commercial vehicles, as well as some unique risks.
A health practice will require a specific type of professional liability insurance, known as malpractice, whereas a trucking company will have a
large commercial vehicle policy.
There are very specific requirements for truck drivers, and one of the most important requirements is that individuals who
operate commercial vehicles must have a commercial driver's license.
Because of their size and the potentially valuable cargo they may be carrying, accidents
involving commercial vehicles tend to have higher costs than those involving a personal car or truck.
Basically, if a vehicle or a fleet of vehicles is owned by a company, it must be covered
by commercial vehicle insurance.
Traffic commissioners demand a very high standard of compliance from
commercial vehicle operators, often referring to industry best practice standards that go beyond the legislative requirements.
Commercial liability insurance, for example, is a must - have for anybody who
uses commercial vehicles for business purposes.
There are several factors that you need to consider when searching for a
new commercial vehicle insurance policy.
A
good commercial vehicle policy will provide coverage for risks to your drivers, your vehicles and your liability as a business owner.
Although some form of driver negligence is responsible for most traffic accidents, trucking companies or shipping agents often at least share liability in
commercial vehicle collisions.
We have the state - mandated coverages you need along with a host of discounts, special services and features designed for
insuring commercial vehicles.
When changing or adding to your fleet, you may want to
compare commercial vehicle insurance rates and consider finding a better value or a new policy that more closely matches your needs.
Every private and
commercial vehicle owner knows about the risks associated with driving the vehicle and wishes to remain financially secure for emergencies.
The company excels in
providing commercial vehicle insurance, focusing on fleet vehicles so companies can get more affordable insurance premiums.
It confirms that the script's wit and depth was a major draw for the cast, who can demand hefty fees on
more commercial vehicles.
Phrases with «commercial vehicle»