Commercial auto insurance is one of the most crucial safeguards for your business if you transport goods, own company vehicles, or have employees who drive as part of their job. Accidents, theft, or damage to commercial vehicles can become a pricey loss if your business isn’t adequately protected.
Understanding the most common types of commercial auto insurance claims can help you and your trusted insurance professional craft a tailored policy for your organization.
Most Common Commercial Auto Claims
The following are some of the most common commercial auto insurance claims you need to know about:
- Distracted Driving: As our vehicles and cell phones become more advanced, they also become more distracting. Distracted driving accidents continue to rank toward the top of the list for commercial auto claims.
- Rear-End Collisions: Sudden stops, tailgating, or distracted driving can lead to rear-end collisions and vehicle damage.
- Intersection and Lane Change Accidents: Traveling through intersections and changing lanes both create unique opportunities for accidents that result in claims.
- Weather-Related Incidents: In climates like Colorado, rapidly changing weather and slippery conditions are among the most common causes of incidents that require insurance intervention.
- Theft and Vandalism: Theft and vandalism can result in costly repairs or replacement of company vehicles.
- Property Damage: When an employee damages another person’s property (vehicles, buildings, fences, etc.), your commercial auto insurance will keep your business protected.
- Bodily Injury: If an accident occurs that results in bodily injury, your commercial auto policy will help with medical expenses and recovery costs.
What is Your Current Coverage?
If you aren’t sure what your current coverage is or if you want to explore your options, we are here to help. Please contact Steve Longenecker (303-808-9351 x2) at Mountain Insurance: Longmont with any commercial insurance questions.
We give out $25 gift cards for referrals that become our insurance clients.
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