Commercial Auto Insurance
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Choosing The Right Commercial Automobile Insurance Policy
Commercial auto insurance is a type of insurance that protects your business from financial loss if your business’s vehicles are involved in an accident. It covers damage to your vehicles, as well as damage to other people's property and injuries to other people.
Commercial auto insurance is important because it can help you cover the costs of an accident, even if you are at fault. It can also help you protect your business from financial ruin if you are sued for damages. Let LBP Insurance help you choose the right commercial automobile insurance that is right for your business.
There Are Two Main Types Of Commercial Auto Insurance:
General liability: This type of insurance covers damage to other people's property and injuries to other people.
Property damage: This type of insurance covers damage to your own vehicles.
You may also want to consider purchasing additional coverage, such as:
Uninsured motorist: This type of insurance covers damages if you are hit by a driver who does not have insurance.
Collision: This type of insurance covers damages if your vehicle is involved in a collision.
Comprehensive: This type of insurance covers damages to your vehicle from events other than collisions, such as theft, vandalism, and weather damage.
The cost of commercial auto insurance will vary depending on a number of factors, including the type of vehicles you insure, the coverage you purchase, and your driving record. However, it is important to remember that the cost of commercial auto insurance is a small price to pay for the peace of mind that comes with knowing that your business is protected from the financial risks of an accident.
Benefits Of Commercial Auto Insurance:
Financial protection: Commercial auto insurance can help you protect your business from financial loss if your company vehicles are in an accident.
Peace of mind: Commercial auto insurance can give you peace of mind knowing that your business is protected from financial loss.
Tax benefits: Commercial auto insurance can provide tax benefits for your business.
If you are a business owner and considering purchasing commercial auto insurance, call LBP Insurance to help you choose the right coverage and the right coverage limits.