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Comprehensive Commercial Auto Insurance for Contractors

Understanding Commercial Auto Insurance for Contractors

Commercial auto insurance is designed to protect contractors who rely on vehicles to transport tools, equipment, and personnel to job sites. Whether you operate a single vehicle or a fleet, the risks involved in commercial driving, such as accidents, property damage, or bodily injuries, make it crucial to have the right coverage.

Key Coverage Options for Contractors

Commercial auto insurance typically includes the following essential coverages:

Liability Coverage

Protects against legal liability if your vehicle causes bodily injury or property damage to others.

Physical Damage Coverage

Protects your vehicles from damage due to accidents, theft, or vandalism, and includes:

  • Collision Coverage: Covers damage to your vehicle from a collision with another vehicle or object.
  • Comprehensive Coverage: Covers non-collision-related damage like fire, theft, or falling objects.

Medical Payments Coverage

Helps cover medical expenses for injuries to you and your passengers, regardless of fault.

Uninsured/Underinsured Motorist Coverage

Protects you if you’re involved in an accident with a driver who has insufficient or no insurance.

Hired and Non-Owned Auto Coverage

Protects your business when employees use their personal vehicles or rented vehicles for work purposes.

Trailer Coverage

Ensures your business trailers are protected while in transit or parked at a job site.

Why Contractors Need Commercial Auto Insurance

Tailor Your Policy to Your Needs

No two contractors are alike, and neither are their insurance needs. So, you need coverage that fits your specific risk profile. A custom policy can include higher limits, additional endorsements, and coverage for specialized vehicles or trailers.

Review and Update Regularly

As your business grows and changes, so should your coverage. Review your commercial auto policy regularly to ensure it continues to provide the protection you need as your fleet expands or your operations evolve.