Florida Business Automobile Coverage
Commercial Automobile Coverage is necessary as a part of your business insurance plan if you operate any vehicles in your business. Not purchasing a commercial automobile policy in this instance is a mistake the can expose the business and the business owner to significant liability. Typically, your personal auto policy will not cover a loss when the vehicle is being used for a business purpose. The same is true of your employee’s personal auto policy. If any of your employees use their vehicles for a business purpose and an accident occurs, your business could face liability.
The liability exists even if you did not intend for the employee to use their personal car for a business purpose. Hired and Non-Owned Auto Coverage can protect your company against this risk. Non-owned auto coverage is for the situation when an employee occasionally uses their personal automobile for you or your business. Hired auto coverage differs as it provides liability protection when you are driving a vehicle that you (or your business) do not own or that is not registered to you. An example would be if you were to rent a vehicle, Hired Automobile insurance will protect the rented vehicle. Hired and Non-Owned Automobile coverage is necessary for your business if uses employee vehicles or other automobiles that it does not own. If the company owns or provides leased vehicles to officers or employees, this coverage will also be necessary. Commercial Automobile insurance provides coverages such as liability, collision, comprehensive, medical payments (or personal injury protection) and uninsured motorist coverage.
Fill out and submit the contact form on this page, or call Oros Risk Solutions today at 1-866-596-3859 to arrange to speak with one of our knowledgeable specialists about Business Automobile Coverage.