Commercial Auto Insurance for Businesses With 10 Vehicles or Fewer in Bradenton, FL
For businesses using 10 vehicles or fewer in their operations, commercial auto insurance is still an essential investment in financial stability. Whether you own a construction firm, landscaping company, or offer delivery services, the vehicles your business uses need tailored protection.
What Does Commercial Auto Insurance Cover?
Key coverages of commercial auto insurance policies include the following:
- Liability coverage may cover damage or injury caused to others while driving a company vehicle.
- Collision and comprehensive coverage may pay for repairs if a company vehicle is damaged in a crash or certain weather events, vandalized, or stolen.
- Medical payments coverage may pay for medical costs for the drivers and passengers of the company vehicle after an accident, regardless of fault.
- Hired and non-owned auto coverage extends financial protection to rented vehicles or vehicles owned by employees but used for business purposes.
- Uninsured/underinsured motorist coverage may assist if the company vehicle is hit by someone with insufficient or no insurance.
Why Might You Need Commercial Auto Insurance?
Even if your business has fewer than ten vehicles in use, they are still vital to your daily operations. Bundling coverage for multiple vehicles may reduce overall premiums. Additionally, commercial auto insurance may help you avoid lawsuits or claims by making sure your business complies with all laws and regulations regarding company vehicles.
Contact Us
Contact Lakewood Financial Services, Inc in Bradenton, FL to start exploring coverage options to fit your business’s needs and budget.