Commercial Auto Insurance in Montgomery, AL
Motor vehicles can enable many essential tasks at your business. However, they may also require you to assess and address extensive risks and exposures. Cars, vans, trucks and other automobiles can travel at great speeds and cause significant damage. In such situations, your business could need to pay for repairs or make reparations to other parties on whom you’ve inflicted losses. Commercial auto insurance is an essential investment.
What Is Commercial Auto Insurance?
As its name suggests, this type of policy is a specialized form of auto coverage focused on business-related tasks and needs. Employers in the transportation, warehousing, shipping and many other industries may all require a suitable policy to protect their financial interests and maintain legal compliance.
Is Coverage Required?
In most states, including Texas, commercial auto insurance is not optional. Laws explicitly require businesses that own or operate motor vehicles for company purposes to retain certain levels of coverage. Additionally, financed vehicles may entail additional obligations, as lenders could have their own insurance-related requirements. Aside from such mandates, your business should consider auto insurance an essential investment, as lacking coverage could leave you without the means to repair or replace your vehicles or otherwise manage the financial fallout of accidents.
What Can My Policy Cover? 
Businesses can often customize commercial auto insurance to suit their unique needs and circumstances. For example, a restaurant offering delivery services may have vastly different coverage needs than a transportation company with a fleet of buses. Still, the importance of several components of commercial auto coverage may transcend these differences, including the following:
- Bodily injury liability coverage
- Property damage liability coverage
- Collision coverage
- Comprehensive coverage
- Uninsured/underinsured motorist coverage
- Roadside assistance coverage
- Hired/non-owned vehicle coverage
How to Get Commercial Auto Insurance Near Me
Contact Global Insurance and Services today to learn more about commercial auto coverage available near you.