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What is Commercial auto insurance?

Commercial auto insurance provides a variety of coverages for cars, trucks, vans and other vehicles used by your business. There are three basic parts of every commercial auto

insurance policy:
  • Physical damage insurance − includes collision and comprehensive coverage
  • Liability insurance − includes bodily injury, property damage, uninsured motorist and underinsured motorist coverage
  • Other coverage − includes medical payments, towing and labor, rental reimbursement and auto loan or lease gap coverage

What does commercial auto insurance cover?

Collision insurance
Pays for damage to your vehicle if you hit another vehicle, another vehicle hits you or your vehicle rolls over, regardless of who is at fault. Collision coverage may be required if your vehicle is financed or leased.

Comprehensive insurance
Pays for damage to your vehicle from causes other than an accident. Such causes may include theft, flood, vandalism, earthquakes, fire or damage from a bird or animal.

Liability insurance 
Covers bodily injury to others and any property damage to another vehicle if you are at fault in an accident. Bodily injury pays others’ medical costs and lost wages, and your legal expenses if a lawsuit is brought against you due to an accident.

​Uninsured motorist coverage
Pays for your injuries or property damage if you’re hit by an uninsured driver or, in some states, an unidentified driver.

Underinsured motorist coverage
Protects you if the at-fault driver doesn’t carry enough liability insurance to cover your bills – unless you live in a no-fault state, where each driver’s auto insurance policy responds to their own losses.