Commercial Auto
Who Needs Commercial Auto Insurance?
Any business that owns vehicles or uses vehicles to run its business needs commercial auto insurance. If your business uses vehicles:
- to drive to and from work sites
- to transport employees or clients
- to carry tools, products or equipment used for work in your vehicle
- to provide a service that involves the regular use of a vehicle
- to visit job sites
- to go on sales calls
- to shop for office supplies
- to take packages to be shipped
You also need Commercial Auto insurance if your business employs delivery drivers or has vehicles that are titled to your company/business.
Passenger Vehicles
If you use a car to run business errands or an SUV for transporting clients, goods and materials, or to provide services CIMXag provides the protection that you need..
Food Trucks
If your food service business uses vehicles – whether it’s a food truck that sells directly to the public or food service vehicles for catering and restaurants – CIMXag policies can provide the protection you need.
Cargo Vans And Utility Trucks
If you use cargo vans to make deliveries and utility trucks for transporting tools, equipment, and goods CIMXag has commercial auto insurance policies that provide the protection that you need.
CIMXag offers the liability and physical damage coverages needed by your business. In addition, CIMXag provides coverage for commercial auto and fleet vehicles. Discover what policy type may be best for your business:
What Does a Commercial Auto Policy Cover?
A CIMXag Commercial Auto policy can provide liability and physical damage coverage for both small and large fleets of commercially owned vehicles. CIMXag Commercial Auto coverages include:
- Liability Coverage
- Uninsured Motorists Coverage
- Underinsured Motorists Coverage
- Rental Car Coverage
- Physical Damage Coverage
What Does Vehicles are Covered?
- Passenger vehicles
- Vans
- Light trucks
- Heavy and extra heavy-duty trucks
- Truck trailers
- Vehicle fleets
- Specialty vehicles
CIMXag will make sure your commercial auto coverage is correct for the vehicles used by your business.
Liability Coverage
Liability covers bodily injury to other people and property damage to other vehicles if you are found to be at fault in an accident. Bodily injury pays for the medical costs and lost wages of other parties as well as your legal expenses if you are the subject of a lawsuit related to an accident. Auto liability coverage is required by every state.
Uninsured/ Underinsured Motorists Coverage
Uninsured and underinsured motorist coverage helps pay for your injuries and property damage if you are hit by a driver who is uninsured or does not carry enough liability to cover your bills.
Rental Car Coverage
Rental car coverage covers the cost of renting a vehicle while your company vehicle is getting repaired after an accident.
Physical Damage Coverage
Physical Damage Coverage protects your company owned autos against accidental loss or damage, including:
- Collision coverage — protection against damage and loss in the event of an accident.
- Comprehensive coverage — protection against damage or loss caused by something other than a collision, such as hitting an animal or theft.
- Specified causes of loss coverage — protection against specified peril such as vandalism, hail or fire.
How much does Commercial Auto insurance cost?
The cost for Commercial Auto insurance varies. There are many factors that impact what you will pay for commercial auto insurance. Things such as the type of business and the vehicles insured, driving history, and the coverages or limits you select will determine the price for the coverage.
Is there a difference between fleet and non-fleet insurance?
A fleet is defined as five or more vehicles under one ownership and used for business purposes. A policy with less than five vehicles is considered a non-fleet policy.
Do I need Commercial Auto insurance if I have Personal Auto insurance?
Yes, a commercial auto insurance policy protects your business and provides coverage for commercially owned vehicles that are used in operating your business. A personal auto policy provides coverage for personally owned vehicles that are operated by individuals or family members for personal use.