Commercial van insurance provides car insurance coverage that’s specific to the needs of a business owner. Insurance coverages include protection for the cars, the people driving them, and other people or property involved in a collision with a covered commercial vehicle. Some coverage for cars may be included in the business owner’s insurance policy (BOP). A commercial vehicle insurance policy extends the coverage in the BOP and provides additional protection. Commercial van insurance includes specialty coverages for the unique needs of a business owner, basic car insurance coverage and offers a wide variety of discounts to make commercial auto insurance quotes cheaper and more affordable.
Commercial Van Insurance Coverages Unique to Business Needs
Commercial van insurance coverages provide protection against losses not covered by the personal auto insurance policy. Specialty coverages include non-owned vehicle coverages that provide protection when the named insured drives vehicles not owned by them. Commercial van insurance can also provide coverage for employees of the business owner who use their cars for business. Coverage for permanently installed electronic equipment used for business-related transmissions is also available from many commercial insurance brokers.
Commercial Vehicle Insurance Covers the Basics
Commercial vehicle insurance also provides coverage for all of the basic auto insurance needs. Property damage, auto liability, medical payments, physical damage, comprehensive, collision, uninsured motorists and underinsured motorists are all included in the business owners’ car insurance policy. Lease gap insurance, which pays off the remaining balance of a lease in the event of a covered loss, may also be included in a commercial vehicle policy. Commercial insurance brokers can provide more information about comparing business owners’ car insurance coverages.
Cheap Commercial Auto Insurance Quotes Include Discounts
The cheapest commercial auto insurance quotes include discounts specific to the business owners’ car insurance needs. Compare commercial auto insurance before getting quotes to find the best discounts:
- Commercial vehicle insurance discounts are often available for drivers who hold a Commercial Driver’s License (CDL).
- Commercial insurance brokers offer discounts for experienced businesspeople that can show they’ve been in business for several years.
- Anti-theft discounts, a standard personal auto insurance discount will also net policyholders an additional savings.
- Commercial auto insurance quotes are cheaper if the insured has a solid credit history, a safe driving history, multi-policy discounts and increased deductibles.
A commercial insurance broker can advise on additional methods to get a cheap commercial insurance quote.
