Our Business Automobile coverage is designed for any vehicle owned by a business or any pickup truck or van owned by a sole proprietor and used for business purposes. Here’s a breakdown of the key elements of our coverage:
Liability Coverage
The liability limit is a combined single limit covering all bodily injury and property damage caused to others. Unlike traditional policies, there is no “per person” or “per accident” sub-limit within the overall liability limit, providing straightforward and extensive protection.
Damage to Your Own Vehicles
For damage to your own vehicles, we offer comprehensive (comp) and collision coverage. Deductible options include $250, $500, or $1,000, with higher deductibles resulting in lower premiums.
Non-Owned & Hired Auto Coverage
This coverage is essential when your employees use their own vehicles for business purposes or when you hire additional vehicles. This is primarily liability coverage, but comprehensive and collision coverage can be added for an extra cost.
Broad Form Drive Other Car Insurance (BFDOC)
If the only vehicle you own is titled to your corporation, you will need Broad Form Drive Other Car insurance. This coverage ensures that you are protected when driving other vehicles that are not owned by the business.
Key Benefits of Our Coverage
- Extensive Liability Protection: A combined single limit ensures comprehensive coverage without the complexity of sub-limits.
- Flexible Deductibles: Choose from various deductible amounts to balance your premium costs and out-of-pocket expenses.
- Non-Owned & Hired Auto: Protects against liability when employees use their vehicles or when you hire additional vehicles.
- BFDOC Insurance: Ensures coverage for vehicles not owned by the business but driven by the business owner.
Important Considerations
This is a brief overview highlighting key aspects of our Business Auto coverage. For a complete description of coverages, limits, conditions, and exclusions, please read your policy thoroughly. If you have any questions or need further clarification, do not hesitate to ask your agent.
Choose Biz2insure for robust, flexible, and comprehensive commercial automobile insurance that meets all your business needs.
