From a fundamental standpoint, commercial auto insurance offers coverage that is similar to a personal auto insurance policy. There is liability, comprehensive, collision, personal injury protection, medical payments, roadside assistance, rental, and uninsured motorist coverage. All of which can be meticulously curated personally for you and your business to provide you with outstanding commercial auto insurance in Miramar.
Beyond just the coverage, a commercial auto policy in Miramar also provides the ability to cover a wider range of commercial vehicles that you may have for your business that are not eligible for coverage under a personal auto policy. Certain types of larger vans and trucks like food trucks, box trucks and service utility trucks would fall in this category however company cars and vehicles used for business purposes can also be covered on a commercial policy as well.
Commercial auto policies also allow you to cover a larger group of drivers which can extend to employees and not just members of your household like a personal auto policy would require.
As previously stated, commercial auto insurance policies cover a lot of the same coverage as personal insurance policies however there are usually differences in eligibility, definitions, coverages, exclusions and limits. Examples of different types of coverage are as follows:
Bodily Injury Liability coverage – Coverage for any bodily injury or death to another person resulting from an accident in which you are at fault.
Property Damage Liability coverage – This is the protection you have to protect yourself if your vehicle accidentally damages another person’s property of any kind. This coverage will also provide you with legal defense in most cases.
Combined Single Limit (CSL) – Since most liability policies usually offer separate limits for bodily injury and property damage, this is sometimes an option where both of those are covered under one single limit. The same dollar amount for coverage would be offered whether the claim is for bodily injury or property damage and whether it is dealing with one person or several.
Medical Payments – This typically would cover the medical expenses of the driver and passengers of the vehicle for bills incurred as a result of a covered accident, regardless of fault.
Uninsured Motorist Coverage – pays for your injuries and, in some circumstances, certain property damage caused by an uninsured or a hit-and-run driver. In some cases, underinsured motorist coverage is also included. This is for cases in which the at-fault driver has insufficient insurance.
Comprehensive Physical Damage Coverage – pays for damage to your vehicle from theft, vandalism, flood, fire, and other covered perils.
Collision Coverage – pays for damage to your vehicle when it hits or is hit by another object.
Not all companies offer commercial policies but here at Advantage Plus Insurance, we are proud to have partnered with Progressive, Kemper Auto, Mercury, and Bristol West to provide you with a quality product and even better customer service so you know your business in Miramar is in good hands at all times. These companies offer competitive rates and in-depth coverage options so you can be at ease knowing that whatever potential event may occur in the future, they’ve got your back.
For more information about your specific situation and if a commercial policy is right for you, please give us a call at (954) 289-4020.