As the owner of a small to medium sized business with a fleet of automobiles, it is imperative that you carry the appropriate types and amounts of commercial fleet insurance. Businesses like yours that own fleets of vehicles depend heavily on those vehicles. Without them you may not be able to deliver the goods and services your company supplies. Not only would you lose money from the loss in business operations, but if you also had to pay for repairing or replacing one or more of your business autos it could put a severe financial strain on your company.
These are the most important types of business fleet auto insurance you should carry:
- Liability Insurance
- Bodily Injury
- Property Damage
- Medical Payments
- Physical Damage Insurance
- Comprehensive Physical Damage
- Collision Damage
- Specified Peril (CAC)
- Uninsured or Underinsured Motorist
- Bodily Injury Property Damage Collision Deductible Waiver (CDW)
Other Important Business Fleet Auto Insurance Includes:
- Rental
- Towing
- Accessories (Ex: mileage meters, navigation units, radios)
