Commercial Auto Insurance in Winter Garden, FL
Cars, trucks, vans and other automobiles can be integral to many businesses’ operations. However, while these vehicles can offer invaluable assistance, they may require you to account for significant risks and exposures. Motor vehicles can cause significant harm and damage while also representing expensive investments. Fortunately, by understanding and maintaining suitable commercial auto insurance, you can cover your vehicles and protect your financial interests.
How Does Commercial Auto Insurance Work? 
These policies, also known as business auto insurance, act as contractual agreements between your company and its insurance carrier. You can explore policy options and often customize them according to your business’s needs, budget and risk tolerance. Once you’ve finalized your policy, you’ll pay a regular (e.g., monthly) premium to maintain coverage. In exchange, you retain the right to file a claim for financial assistance following accidents on the road and other vehicle-related losses.
What Can My Policy Cover?
Commercial auto insurance may include many familiar coverages that you might find in personal auto coverage. Specifically, it’s often advisable for businesses to include the following components in their policies:
- Bodily injury liability coverage
- Property damage liability coverage
- Collision coverage
- Comprehensive coverage
- Personal injury protection (PIP)
- Uninsured motorist coverage
- Underinsured motorist coverage
- Hired and non-owned vehicle coverage
Is Coverage Required?
Commercial auto insurance is typically required by law for any business that owns or operates motor vehicles as part of its operations, including if employees use their personal vehicles for business purposes. Additionally, if you’ve financed any vehicles, your lender may require enhanced insurance, such as a policy that includes collision coverage and comprehensive coverage.
How to Get Commercial Auto Insurance Near Me
Contact Tiago Guimaraes Insurance to learn more about commercial auto coverage options or compare personalized quotes.