Protecting Your Company’s Auto Fleet with Commercial Auto Insurance

If you happen to own a company with a fleet of vehicles that make ongoing operations possible, then you’re well aware of just how important it is to keep them in the best condition possible. It’s also important to keep in mind that each of these vehicles need to be fully insured should one of your drivers find themselves in an auto wreck. If not, then you can run the risk of facing severe monetary costs from a lawsuit.

Whether it’s liability coverage or property damage insurance, Shepard Walton King Insurance Group can help you find the policy that’s right for your business. Let’s go over the importance of having auto coverage for your company’s vehicle fleet.

At Shepard Walton King Insurance Group, we offer a wide variety of coverages and commercial auto insurance policies that give you the assurance that you’re well-taken care of.

What Does it Cover?

Whether you own a home health company that’s constantly checking up on patients or employ a team of plumbers making house calls, we can make sure that your business’ fleet of vehicles is covered. Insurance policies can cover a wide range of needs, from bodily injury and liability to collision coverage. A standard commercial auto policy can cover a combined total of up to $1 million. Besides covering passengers, a commercial insurance plan should also cover equipment and/or cargo.

Liability Coverage

It can be difficult to determine the exact amount of liability coverage you’ll need, which is why it’s important to discuss your needs with us during your policy search. Several things can come into play, such as your business type, the goods that your vehicles transport and the type of accident that might occur.

For an Employee’s Own Vehicle

Employee Non-Owned Car Liability, or ENOL coverage, is an insurance policy that covers employees using their own vehicles for business purposes. This policy can be competitively priced and have the same benefits as a commercial policy.

Other Types of Coverage

Let’s go over the various types of other coverages that can help you and your company should the unfortunate ever happen.

Collision – This type of coverage involves collision between your fleet and another vehicle or object.

Comprehensive Physical Damage – In cases of theft, vandalism, fire or weather-related accidents, this plan will cover the damages.

Uninsured Motorist Coverage – This applies when an accident between a company vehicle and uninsured driver occurs. This can also cover hit-and-run accidents under certain stipulations.

Bodily injury Liability – This policy covers accidents where one of your drivers is at fault.

Medical Payments – Similar to bodily injury coverage, a medical payments protection plan covers reasonable and necessary medical and funeral expenses for covered drivers.

Property Damage Liability – Covers situations where damages to private property occur.

Get Started Today

We understand that it takes a lot to properly run a business. If your company owns a fleet of vehicles, then you’re well aware of how important it is to make sure that your property and employees are covered by the best insurance policy possible. At Shepard Walton King Insurance Group, we want to help you find the insurance coverage that best fits your needs to give you peace of mind in knowing that you won’t have to deal with the headaches of handling costs if an accident ever occurs. Contact our insurance agency in McAllen today to get stared.

0 93

Leave a Reply