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.
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.
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!