Commercial Auto Insurance
Commercial Auto Insurance Information
Commercial Auto Insurance Orem UT, Salt Lake City UT & surrounding areas
Protect your Investment & Employees
Advance Insurance provides commercial auto insurance to businesses in Orem, Salt Lake City, Provo, Las Vegas, Draper, Hesperia, and surrounding areas.
Commercial vehicles are often used to conduct business for companies, whether it is transporting goods or allowing employees to travel between work sites. However, these vehicles face similar dangers and even additional risks when compared to personal vehicles.
Advance Insurance works with business owners across industries to find and tailor commercial auto insurance policies specifically for your coverage needs. You will want protection in case one of your employees is involved in an accident or if your commercial vehicles are damaged in the parking lot. We can help pair you with a comprehensive and affordable commercial auto insurance policy.
What Does Commercial Auto Insurance Cover?
A full coverage commercial auto insurance policy through Advance Insurance may include:
Comprehensive Coverage: Comprehensive coverage provides compensation for damages to the insured vehicle caused by fire, wind, hail, lightning, falling objects, theft, vandalism and more.
Collision Coverage: Collision coverage provides compensation for damages to the insured vehicle caused by a collision with another vehicle or object.
Liability: Liability insurance covers bodily injury and property damage a driver may cause someone else while operating the insured vehicle. All policies come with state-required minimum liability coverage, though higher limits are available.
Medical Payments Coverage: Medical payments coverage provides compensation for injuries the driver and their passengers may suffer after an accident, no matter who is at fault.
Uninsured/Underinsured Motorist: This insurance covers damages that occur after an accident involving a driver who is not carrying enough insurance at the time of the accident.
Roadside Assistance:Roadside assistance helps with trip interruptions such as popped tires, running out of gas, towing, etc.
There are other coverages available, as well, such as Hired and Non-Owned Liability, which is insurance for vehicles used, rented or borrowed by the business.
When is Commercial Auto Required?
Most states require all vehicles to carry a certain amount of auto insurance, whether they are commercial vehicles or personal vehicles. All commercial vehicles in South Carolina, for example, must carry at least $25,000 in bodily injury liability per person and $50,000 per accident. More requirements become necessary for certain commercial vehicles, such as passenger vehicles and property carriers. Be sure to check your state’s minimum requirements. Depending on what type of items or how many people you transport, you may want higher limits than the state-required amount.
Liability insurance requirements also will not cover damages to your business’ vehicles or those inside.
Protect Your Commercial Vehicles Today
Speak with an insurance agent about protecting your business’ vehicles from all of the risks they could face. Call us at 801-226-1100 or fill out a quote form to get started now.
Common Commercial Auto Insurance Questions
How Much Commercial Auto Insurance Do I Need?
The amount of commercial auto insurance you need varies depending on your business and vehicles. You should typically have enough coverage to cover the value of these vehicles, so be sure to speak with an insurance agent about policy options.
How Much Does Commercial Auto Insurance Cost?
Commercial auto insurance premiums vary depending on your business’ location, value of the vehicles, coverage limits, industry, distance traveled and other factors. Fill out a quote form to find out how much you can save on commercial auto insurance today.
When is Commercial Auto Insurance Required?
Commercial auto insurance isn’t typically required, but all vehicles must be insured according to state law. Even without a requirement, you will need this insurance to protect your business against financial loss and possible lawsuits in case of an accident.
Why Do I Need Commercial Auto Insurance?
Commercial auto insurance ensures that your vehicles are protected on and off the road in case of damage. Not only that, but it can help protect the driver, passengers and other individuals that may be involved in an accident.