Ultimate Overview of Commercial Vehicle Insurance Policies

Owning a business that relies on commercial vehicles means securing the right insurance coverage is essential. Commercial auto insurance safeguards against physical damages and liabilities that are not included in standard personal auto policies. It’s important to review terms carefully and compare quotes from different providers—especially for semi-truck insurance—to ensure you get the best deal.

Vehicles Covered by Commercial Policies
Commercial auto insurance protects a variety of vehicles, including semi-trucks, delivery vans, work trucks, utility vehicles, and food trucks. These policies also cover drivers and equipment inside the vehicles.

What Does Commercial Vehicle Insurance Cover?
Unlike personal auto policies, commercial auto insurance, such as for trucks, offers similar protections but with important distinctions. It includes coverage for collisions, liabilities, medical expenses, and protection against uninsured motorists. Key coverage options include:

Property Damage Liability: Protects when your vehicle damages someone else’s property, often with legal defense included.

Medical Payment and Personal Injury: Covers medical costs for drivers and passengers regardless of who is at fault.

Bodily Injury Liability: Provides coverage for injuries or death caused by your vehicle, including legal costs.

Single Limit Coverage: Offers a uniform monetary limit per accident across bodily injuries and property damage, simplifying coverage amounts.

Comprehensive Physical Damage: Covers damages from vandalism, theft, fire, floods, and other non-collision incidents.

Collision Coverage: Pays for damages resulting from collisions with other vehicles or objects.

Uninsured Motorist: Protects against injuries and some damages caused by uninsured or hit-and-run drivers.