Commercial car insurance in Salem OH provides protection against both property damage and liability for any vehicle that is designated for business use. Whether you drive a vehicle that is for dedicated business use or drive a personal vehicle for business, it is important to have commercial car insurance, as your vehicle will not be covered under a personal auto policy.
Today we’re answering some of the most frequently asked questions regarding commercial car insurance in Salem OH.
What Does Commercial Car Insurance Cover?
Options and terms vary from one insurance company to another, so be sure you fully understand what is included in the policy. You can work with your agent to create a customized policy that matches your business needs, complete with all available discounts.
Several types of coverage may be included, while others can be purchased separately. You will also need to choose the coverage amounts and deductibles.
Typical coverage includes:
Property damage liability;
Liability for bodily injury to others;
Personal injury to you, your employed drivers or passengers, including medical expenses and lost wages;
Collision coverage for costs associated with an accident, regardless of who is at fault;
Comprehensive coverage for damage other than collision;
Medical payments coverage for the cost of hospitalization, treatment and funeral expenses;
Uninsured and underinsured motorist coverage;
Non-owned auto coverage for when you or your employees drive a rented or borrowed vehicle;
Loading and unloading liability;
Substitution transportation when your commercial vehicle is being repaired and you use a loaner from the repair shop;
Towing and labor costs.
When Do I Need Commercial Car Insurance in Salem OH?
You need commercial auto insurance for any vehicle that your company uses for business purposes, any vehicle that has a commercial license plate or tag and any vehicle that is registered as a commercial auto.
You must also get commercial auto coverage if your employees will be driving or using vehicles in the course of doing business, whether making deliveries, driving people to the airport or running errands on behalf of the business.
If you use your vehicle for any of the following functions, you may also be required to get commercial coverage:
Using the vehicle to carry equipment;
Transporting flammable or hazardous material;
Delivering any goods such as pizza or any form of wholesale or retail products;
Trucking and freight transportation;
Transporting people as a chauffeur, limousine service or taxi.
Does Commercial Car Insurance in Salem OH Cover Personal Use?
Personal use will be covered for a company-owned vehicle if the company has commercial auto coverage. If you are driving your own vehicle to and from work without using your vehicle for commercial purposes then it would be covered under your personal auto policy.
If you occasionally use your personal vehicle for commercial reasons, you will either need to have proper liability coverage under your personal auto policy, or purchase commercial auto insurance.
The best option will depend on the circumstances; if you are using your vehicle for any type of business purpose, the business may be required to get a non-owned business liability endorsement for these situations.
Don’t drive unprotected! If you use your vehicle for commercial purposes, or plan to do so in the near future, contact us today to find the right commercial car insurance in Salem OH so that both you and your business are protected.