What Is Commercial Auto Insurance?

If you own a business, you're no stranger to commercial insurance. Odds are you already have a business owner's policy (BOP), and while your BOP may cover most of your business-related wants, many plans exclude auto liability and physical damage. Meet commercial auto insurance.

What Is Commercial Auto Insurance?

Commercial auto insurance picks up where your BOP ends, going the extra-mile to provide coverage for auto liability and damage for vehicles used for business. Many commercial auto policies are designed for more than one company car, potentially providing coverage for your entire fleet.

Not to be confused with a personal auto policy, a commercial auto policy typically includes most of the same coverages you've come to expect of personal auto liability insurance. Please note that personal auto policies usually won't cover vehicles that are used for business use. If you're using your personal vehicle for commercial purposes, you will likely need a special endorsement or a commercial policy to extend coverage.

Commercial auto policies offer coverage for vehicles used for business, but they also offer many additional coverages which can help suit the specifics of your business, such as uninsured/underinsured motorist coverage, rental vehicle reimbursement coverage, theft coverage, gap coverage, medical, higher liability limits, and much more.

Think a commercial auto policy could be right for you or your business? Consider finding a Foremost^® agent near you for personalized assistance or call us at 888-244-8092.