Commercial vehicle insurance provides coverage for any vehicle you use for business purposes and your commercial drivers. As a business owner, you can get commercial vehicle coverage for a single vehicle or a fleet of vehicles.
Coverage protects your commercial vehicles from weather damage, accidents, and many other types of incidents. If you or one of your drivers is at fault in an accident that injures another person or damages their property, the liability coverage in your commercial vehicle policy will cover the costs of the claim up to the limit of your policy.
Many business owners choose to buy a commercial umbrella policy to cover the costs of large liability claims that exceed the limits of the commercial vehicle liability policy. Commercial umbrella insurance often comes in $1 million dollar increments, which can greatly help cover the costs of liability claims and lawsuits, protecting the business financially.