Commercial Auto Insurance

What Does A Commercial Auto Insurance Policy Offer?

• Liability Insurance:
  
• Covers injuries or property damage caused by at-fault drivers.
• Collision Insurance:
  
• Pays for commercial vehicle repairs after an accident.
• Comprehensive Insurance:
  
• Protects against non-collision damage like fire, theft, vandalism, and weather.
• Uninsured/Underinsured Motorist Insurance:
  
• Steps in if the at-fault driver lacks sufficient insurance.
• Medical Payments Insurance:
  
• Covers medical expenses for injured commercial drivers.

Additional Coverage Options:

• Inland Marine Insurance:
• Safeguards cargo and business equipment during transit.
• Hired/Non-Owned Vehicle Insurance:
• For rented or personally used vehicles for business.
• Umbrella Liability Insurance:
• Adds extra liability limits to existing policies.
  

How Much Commercial Auto Insurance Do I Need?

• Minimum Liability Limits:
• As per Texas law.
• Varied Limits Based on Vehicle Type:
• Adjust based on the type of commercial vehicle.
• Examples of Required Limits:
• Vehicles Transporting Household Goods: $300,000
• Buses (15-27 Passengers): $500,000
• Buses (27+ Passengers): $5 million
• Commercial School Buses: $500,000
• Farm Trucks (48,000 lbs or more): $500,000
• Commercial Vehicles Transporting Household Goods (or >26,000 lbs): $500,000
• Commercial Vehicles Transporting Hazardous Materials: $1 million or $5 million, based on weight and materials.

Customize Your Coverage:



• Flexible Liability Limits:
• Tailor your policy to better suit your needs.