Categories: Business Insurance, Insurance Coverage
No matter the size of your business, if you use a vehicle for transactions related to your company, then commercial auto insurance is a must. You may be wondering, what’s the difference between personal and commercial auto insurance? Isn’t personal insurance enough? The primary difference is who owns the vehicle. Some business owners and employees may use personal vehicles for business purposes, such as visiting job sites, transporting people, or delivering goods. However, personal auto insurance policies don’t cover business use, meaning you won’t be covered if you get into an accident while driving for work.
Collision Coverage – Accidents happen. Commercial insurance covers your vehicle in the event of a collision with another vehicle or object. This way, you won’t have to worry about paying the cost of the damage out of pocket.
Comprehensive Coverage – Commercial insurance covers vandalism and theft, which aren’t always covered by personal insurance.
Loading and Unloading Coverage – If an employee is injured while loading or unloading a vehicle, your business will typically be covered under the commercial auto insurance policy.
Medical Payments – Commercial insurance covers medical bills and payments for employees who are injured in a collision.
Uninsured Motorists – Uninsured motorist coverage ensures that your business won’t have to pay property or injury bills if you’re struck by another driver who doesn’t have insurance.
Commercial auto policies pay for legal expenses, bodily injury, and property damage related to auto accidents. Without commercial auto insurance, your business and assets are left exposed. In the event of an accident, you could be saddled with crippling expenses and fines from the state if insurance is mandated. Your business could face financial and reputational devastation, and even be completely shut down.
Be prepared for any scenario—protect your business and your employees with commercial auto insurance. With 40+ years of proven experience, CTG Insurance delivers personalized solutions tailored to your unique needs, risks, and budget. Speak to one of our experienced advisors to find the right insurance policy for you.
P.O. Box 8
Grand Blanc, MI 48480
DISCLAIMER: Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. Read your policy or consult with your agent for details. Your eligibility for particular products and services is subject to final underwriting and acceptance by the insurance company providing such products or services.
This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Be sure to read the policy, including all endorsements, or prospectus, if applicable.