Company Auto Insurance Coverage
Business Automobile Insurance offers liability, uninsured drivers, under-insured motorist, and physical issue coverage for all cars possessed by you and used in your business.
Even if you do not own a single vehicle under the company name, you still need a policy that is called Non-Owned/Hired Auto Liability. That s right, under many state laws any organization for whose purpose the errand is being run (the specialist) can be sued emerging out of such car mishaps.
Service providers that have heavy equipment such as cranes, cherry pickers, bulldozers, and front end loaders that are accredited for roadway use (or are subject to a required or financial duty law or other automobile insurance coverage law) have to insure such automobiles under a Business Auto policy.