California Commercial Auto Insurance
California commercial auto insurance provides liability and physical damage coverage for vehicles used by your business. This includes cars, vans, food trucks, commercial trucks, and other types of vehicles. Commercial auto policies offer different levels of coverage than personal policies. This is because business vehicles tend to need higher limits to help protect the business in case of accidents.
Commercial Auto Policy Broken Down
The commercial auto policy is broken down into three components
Liability insurance − includes bodily injury, property damage, uninsured motorist and underinsured motorist coverage. Physical damage insurance − includes collision and comprehensive coverage. Optional coverage − includes medical payments, towing and labor, rental reimbursement and auto loan or lease gap coverage
Liability Commercial Auto Coverages
Liability insurance – Covers bodily injury to others and any property damage to another vehicle if you are at fault in an accident. Bodily injury pays others’ medical costs and lost wages, and your legal expenses if a lawsuit is brought against you due to an accident Uninsured motorist coverage – Pays for your injuries or property damage if you’re hit by an uninsured driver or, in some states, an unidentified driver Underinsured motorist coverage – Protects you if the at-fault driver doesn’t carry enough liability insurance to cover your bills – unless you live in a no-fault state, where each driver’s auto insurance policy responds to their own losses
Commercial auto insurance in California is a coverage that is needed by just about every business. It represents one of the largest risks that a business faces as each time an employee drives in a business related task you are facing exposure. ConXis Insurance can help you find the necessary coverages to help yoy through the process. Give us a call 714-563-4333 we will be happy to help.
Physical Damage California Commercial Auto Insurance
Collision insurance- Pays for damage to your vehicle if you hit another vehicle, another vehicle hits you or your vehicle rolls over, regardless of who is at fault. Collision coverage may be required if your vehicle is financed or leased Comprehensive insurance – Pays for damage to your vehicle from causes other than an accident. Such causes may include theft, flood, vandalism, earthquakes, fire or damage from a bird or animal
Optional California Commercial Auto Insurance Coverage
Hired auto physical damage with loss of use coverage – Covers comprehensive and collision damage to a leased or rented vehicle, as well as any other contractual obligations to the leasing or rental company.
- Medical Payments- This portion of your commercial auto insurance coverage pays for medical and related injury expenses that you or your passengers receive in an auto accident.
Roadside Assistance- Protects you when problems arise that are not typically handled under your commercial auto policy. This could include being locked out of your car, dead batteries and flat tires
- Gap Insurance- Covers the difference between the unpaid amount on the loan or lease and the actual cash value of the vehicle, if your vehicle is a total loss after an accident
Rental reimbursement- Pays for a rental car up to the limits of your policy so you have transportation after an accident
- Towing– It covers towing, jump starts and minor roadside repairs