Commercial Auto Insurance
Commercial Auto Insurance Information
Commercial Auto Insurance in California
Businesses that own vehicles need commercial auto insurance, and Fugate Insurance Agency can help California businesses get coverage that works for them. For more information, call us at 530-533-2860 or request your free commercial auto insurance quote now.
What Is Commercial Auto Insurance?
Commercial auto insurance is an agreement between a business and an insurance company. The company pays a premium for coverage, and in return, the insurer provides financial assistance in case of wrecks or other covered hazards involving company vehicles. By having coverage, a business may avoid significant financial setbacks if their vehicles experience sudden problems.
What Does Commercial Auto Insurance Cover?
Most commercial auto policies can provide coverage for a variety of loss scenarios. Policies may:
Pay to repair or replace company-owned vehicles following wrecks
Provide damage coverage for non-accident hazards such as theft or hail
Provide liability coverage for third-party property damage and injury costs for which the business is responsible following at-fault accidents
Cover hired and non-owned autos (e.g., employee-owned vehicles) for liability when those vehicles are used for business purposes
Other types of coverage, such as roadside assistance and towing protection, may also be available. However, since the coverage policies can offer varies, ask your agent how to get the protection that’s a good fit for your business’s needs.
Am I Required to Buy Commercial Auto Insurance?
You will likely be required to carry at least a minimum amount of commercial auto insurance to comply with California’s mandatory financial responsibility laws. In addition, if you have financed or leased company vehicles, your bank or dealership may also require you to carry coverage. Coverage requirements vary, so speak to an agent to learn more about mandatory coverage you may need to include in your policy.
What Does Commercial Auto Insurance Cost?
Multiple factors may influence the cost of your commercial auto insurance policy. Speak to one of our agents to learn more about what your commercial auto insurance rates may be.
Ready for Commercial Auto Insurance?
Fugate Insurance Agency can make the process of getting commercial auto insurance easier. Call us at 530-533-2860 or request your free quote now.