What is Commercial Automobile Insurance?
Automobile insurance provides both property and liability coverage for vehicles owned by the business or non-owned vehicles used for business purposes. Some types of coverage include collision, theft and glass breakage. Automobile liability insurance protects the employers from losses resulting from an employee injuring people or damaging other people’s property. Non-owned auto insurance is available to employers for employees driving their own vehicles on company business. Rates are determined by the type and usage of the vehicle, as well as the driving record of the person(s) driving the vehicle. Q: What other types of insurance are there? A: Other special insurance coverages include professional liability, identity theft, employment practices, special events, surety and fidelity bonds, employee health and life insurance, key-person and credit insurance. Q: Commercial Property Insurance Tips A: Your business may not possess all the following types of property, but you can use this re