Commercial Auto Insurance
Affordable Commercial Auto Insurance
Young Douglas provides business owners with quality coverage for their commercial auto fleets. This includes liability protection, collision, comprehensive coverage, medical payments, and uninsured motorist coverage to protect your vehicles in most states.
We're appointed with Farmers and other top carriers, so we can compare options and help you find coverage that fits your needs with great value.
What Types of Insurance Coverage Are Included in a Commercial Auto Policy?
The exact types of coverage available on a commercial auto policy will depend on the individual state law as well as the type of work performed by the drivers and vehicles. However, most policies typically include some combination of liability protection, collision, and comprehensive coverage, medical payments, rental reimbursement, and uninsured motorist protection.
How Much Does Commercial Auto Insurance Cost?
The cost of commercial auto insurance can vary greatly depending on the size and type of fleet being insured as well as other risk factors specific to each individual business. However, most business owners find that when combined with tax deductions or positive cash flow from profits generated by their vehicles themselves, the cost is manageable.
Related Services: Commercial Property Insurance
How Can I Get More Information About Commercial Auto Insurance Options?
Young Douglas agents are available to guide you through the process of assessing your company’s needs for a commercial auto policy and determining which coverages are best suited to your situation. An agent can explain in detail how each type of coverage works so you have a thorough understanding of what protection is available at what cost.
Is Commercial Auto Insurance Mandatory?
Generally yes-each state has its own laws concerning the amount and kinds of insurance businesses need within its borders. Additionally certain contracts may require different levels or types of insurances in order to do business with them; without obtaining required coverages could result in hefty fines from Federal/State agencies as well as serious lawsuits or criminal prosecution against your company-so it's best to make sure you know exactly what kind(s) & amount(s) of insurance your business needs!
Serving All of California
We help clients all across California by phone, text, and email. Our Ontario office also serves these Inland Empire communities, with in-person meetings by appointment:
Frequently Asked Questions
What are the minimum liability limits for business vehicles in California?
California's minimum liability limits are $30,000 for injury or death to one person, $60,000 for more than one person, and $15,000 for property damage. The DMV applies these minimums to private passenger, commercial, and fleet vehicles alike. Most businesses choose much higher limits, and many contracts and leases require them.
Do I need a Motor Carrier Permit for my work truck?
Often yes. A Motor Carrier Permit is generally required for commercial vehicles with a GVWR of 10,001 pounds or more, and for any for-hire property transport. Required liability insurance ranges from $300,000 to $5,000,000 combined single limit, depending on the vehicle and cargo. Some pickups used non-commercially are exempt. We can help you sort out what applies.
Am I covered if employees use their own cars for business errands?
Hired and non-owned auto coverage can help. It protects your business from liability when employees drive their own cars for work, or when you rent or borrow vehicles. The employee's personal auto policy usually pays first, and this coverage does not pay for damage to the employee's car. It is a common add-on for Ontario offices and service businesses.
What affects the cost of commercial auto insurance?
Common factors include the type and number of vehicles, how far they travel, what they carry, who drives them, each driver's record, and your claims history. Where vehicles are garaged also plays a role. A trucking company with heavy units will be priced very differently from a contractor with two pickups. A personalized quote is the only way to know.
Disclaimer
Farmers Insurance - Young Douglas provides home, auto, life, and commercial insurance products independently. References to mortgage brokers, real estate agents, or other professionals are for convenience only and do not imply a referral arrangement or financial affiliation.