Commercial Auto Insurance
Commercial Auto Insurance Information
If your business has any company cars or trucks, you need to have commercial vehicle insurance. The right commercial auto policy will provide you with essential assistance to help you protect company vehicles, employee drivers and cargo in transit against roadway hazards or unexpected vehicle accidents. It’s necessary to get the right coverage before you get your vehicles out on the road.
If your company is located in or around Anaheim, California, we can help you out. Our experienced agents at Saferoad Insurance will ensure you have affordable auto coverage that is tailored to fit your company’s specific needs. With over 18 years of experience, we always strive to be a competitor with an advantage in all aspects of the insurance market. Our years of experience allow us to best serve both the preferred market and the nonstandard market.
Call us at 877-945-7233 or request your free commercial auto insurance quote now!
Why do I need commercial auto insurance in California?
When you buy vehicles for your company, your business could potentially be one of the parties to suffer should something happen to one of your drivers or vehicles. Commercial auto insurance is designed to provide you with financial assistance throughout the recovery process. As a result, your company will not face financial setbacks just because an accident occurred. Learn more about the reasons to get commercial auto insurance here.
Are there minimum commercial auto insurance requirements for California?
Under California state law, all commercial auto policies must have certain minimum limits:
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Liability limit: $15,000 per person
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Bodily injury limit: $30,000 per accident
Depending on the type of vehicle(s) your business is insuring, you may be subject to higher minimum limits. It’s also important to note that certain other vehicles, such as semi-trucks or other large vehicles that travel interstate and have a USDOT or CA state serial number, may be required to have a minimum combined single limit of $750,000.
Many businesses choose to carry higher limits than what is required under state law. Your Saferoad Insurance agent will work with you to determine the best low-cost auto insurance in California for your business and its needs.
Who needs commercial auto insurance?
Though very similar to personal auto insurance, a commercial auto policy will contain specialized coverage terms designed to protect the company’s investment in the vehicles.
Various vehicles and drivers might need to be covered by a commercial auto policy. These include:
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Vehicles owned by a business
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Employees who drive their personal cars on business-related errands
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Company cars provided to employees for commercial and private use
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Vehicles hired or rented by the business
What does commercial auto insurance in California cover?
The average commercial auto policy can offer numerous benefits, each of which can apply to different loss scenarios involving your vehicles or drivers. These include:
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Liability insurance: When an accident is deemed your fault, this coverage can help you pay for the damage you do to others (like other drivers) who weren’t in the car with you.
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Bodily injury liability coverage: This pays for third-party medical bills and sometimes for death benefits.
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Property damage liability coverage: This pays for damage to the other party’s property.
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Hired/non-owned auto liability insurance: This liability coverage extends to vehicles used for business purposes but not owned by the business. These might include employees’ personal cars or vehicles you rent or hire to use temporarily.
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Collision insurance: This covers damage to your own vehicle that you sustained in a wreck.
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Comprehensive insurance: This coverage pays for damage from nonaccident mishaps, such as weather damage, fires, theft, vandalism or similar accidents.
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Medical payments/Personal injury protection: If you get hurt in an accident, this coverage can pay for your medical bills. Sometimes, it will cover other losses, such as lost income.
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Passenger medical payments: If a passenger in your commercial vehicle (i.e. one of your bus passengers) gets injured in an accident, then you can also adjust your medical payments benefits to cover these expenses, as well.
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Uninsured/Underinsured motorist insurance: This insures you against damage caused by someone else who doesn’t have appropriate liability coverage. If you are the victim of a hit-and-run, for example, then this coverage can pay for your car’s damage. You can learn more here.
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Custom parts coverage: Some commercial vehicles, such as limos, might have a high degree of customization. If you add any features to the vehicle that were not included by the manufacturer, you can cover them using this benefit.
Other benefits like roadside assistance, replacement cost vehicle coverage, rental car benefits and gap insurance might also be available.
How much does commercial auto insurance cost?
Numerous factors can influence commercial vehicle insurance costs, including the types and amounts of coverage you buy, the location of your business and the value of the vehicles to be insured.
At Saferoad, we will ensure you have the proper coverage, both in terms of your unique needs and in terms of affordability. Don’t hesitate to get covered now.
Fill out the form below or call us at 877-945-7233 today to get a quote on a policy.
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