Commercial Auto Insurance for Contractors in California
The work you do as a contractor benefits countless clients. However, contractors can’t continue helping their customers without a reliable vehicle and trustworthy equipment. That’s why Saferoad Insurance helps contractors and other small business owners find the small business auto insurance they need to protect their investments and keep growing successfully.
In California, commercial auto insurance for contractors is a requirement. Learn more about minimum liability limits, additional coverages, and the benefits of an effective commercial auto insurance plan below.
The Importance of Commercial Auto Insurance for Contractors
Contractors rely on their vehicles to travel to and from job sites, transport equipment, and sometimes even perform crucial tasks. Without commercial vehicle insurance, you can lose a lot of valuable assets if something goes wrong. This means you might face steep replacement costs, lengthy downtime, and countless lost business opportunities if you get into an accident.
Small business auto insurance covers your vehicle, equipment, and any other property you need to keep your business running smoothly. You can also purchase coverage for yourself, passengers, and other parties in an accident.
Businesses That Need Contractor Insurance
There are many types of contractors and contractor businesses. Some of the trades that need commercial auto insurance for contractors include:
- Electricity and other utility workers
Generally speaking, if you're a contract worker who relies on a vehicle to get yourself and your equipment to and from job sites, you need contractor insurance.
Understanding the Cost of Contractor Insurance
Commercial truck insurance in California must meet the state’s minimum liability standards:
- Liability limit: $15,000 per person
- Bodily injury limit: $30,000 per accident
- Property damage limit: $5,000
In addition to these minimum liability limits, contractors might need higher rates or extra coverages to protect their specific vehicle or equipment. For example, custom parts coverage protects features that weren’t originally part of the vehicle. If you customize your vehicle for your business purposes, custom parts coverage will protect these customizations.
Protect Your Business With Cost-Effective Coverage
An effective commercial vehicle insurance policy protects the most valuable parts of your business so that you can keep doing your job with confidence and peace of mind. Contact the team at Saferoad Insurance today to find a cost-effective policy that meets the unique needs of your business.