Most businesses should be carrying a Business Automobile Policy for proper protection of their business vehicles. A Business Auto Policy will protect the interests and assets of the business shown as the insured on the policy. It’s important to note that a Personal Auto policy typically doesn’t cover personal vehicles that are involved in accident while engaged in company business.
Regardless of how your vehicle is used, most states require that you carry a certain minimum limit of Auto Liability insurance. Minimum coverage, however, in most cases, may not provide sufficient protection for your business.
Types of coverage and limits available vary state by state. Basic coverages you might expect to find on a Business Auto Policy include:
This description of coverage is not an insurance contract. Your policy is the contract that specifies and fully describes your coverage. Conditions and exclusions will apply. Not all coverage described is available in all states.