Commercial Auto

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 Liability coverage is mandatory in the state of Georgia, and is the part of the policy that pays other parties if you or a driver on your policy cause an accident and damage someone else's property or injure them. For some businesses, the minimum legal limits are $25,000 per person/$50,000 per accident for bodily injury; and $25,000 in property damage. However, most businesses will want more coverage than this, as businesses are the top target for personal injury/car accident attorneys. Most of our commercial auto markets offer up to $1,000,000 in liability limits. Whether you need low limits, or $1mn + a commercial umbrella policy, we have competitive options for your business.

 This is an optional coverage, however we always recommend it, because the latest data from the GA Department of Insurance shows an estimated 1-out-of-5.5 drivers on the road is driving without insurance. Uninsured motorist coverage protects you, your vehicle, and your passengers if you are hit by an uninsured driver, and have damage to your vehicle and/or medical bills from injury. Typically, uninsured motorist limits match your liability limits. For example: Let's say your commercial auto insurance limits are $100,000 per person/$300,000 per accident for bodily injury; $100,000 property damage; generally, your uninsured motorist limits would also be $100,000 per person/$300,000 per accident for bodily injury; $100,000 property damage, which would pay you up to those amounts if you are hit by a driver who does not have insurance. 

 Med pay is an optional, inexpensive coverage to add to your policy, generally from $1,000 to $10,000 in coverage per person. By definition, it is used to pay medical services for any party in the accident, regardless of fault, which require immediate cash payment. An example of this would be visiting a chiropractor after an accident. However, the primary benefit to you the insured is, if you cause an accident, your auto insurance policy does not pay for your medical bills -- your health insurance does. But, med pay can be used to offset your health insurance deductible. So we generally recommend to have a med pay limit that matches your health insurance deductible. This helps prevent a large out-of-pocket expense if you were to be found at-fault for an accident. 

 Comprehensive coverage is an optional coverage, however if your vehicle is financed, most lenders require it. Comprehensive insures your vehicle for physical damage, from things other than an accident, sometimes called an "Act of God." Some examples are: Hitting an animal in the road, hail damage, water damage, theft of the vehicle, and fire damage. Like collision coverage, comprehensive has a deductible -- the part you contribute to repair/replace your vehicle. With most of our carriers, we have deductible options ranging from $100 to $2,500. 

 Collision coverage is an optional coverage, however if your vehicle is financed, most lenders require it. Collision coverage insures your vehicle for physical damage from an accident where you or the driver on your policy are the at-fault party. Meaning, if you cause an accident, and your vehicle is damaged, your auto insurance will pay to have your car repaired, or pay you the totaled value if the vehicle is deemed totaled by a claims adjuster. With collision coverage, there is a deductible, which is the portion that you contribute to the cost of repairs/totaled vehicle. Most people opt for a $500 collision deductible, however with most of our carriers, we have options ranging from $250 to $5,000 for the collision deductible. 

Attached equipment coverage insures the equipment permanently attached to your work trucks, delivery vans, etc... things like large tool boxes, winches, racks, lifts, or conversions to a box truck from a standard truck. With this coverage, if your vehicle is damaged in a covered claim, your commercial auto insurance policy would pay to replace the damaged items with like-kind new items.

 If you have your vehicle(s) insured with comprehensive and collision coverages, you can also elect to add rental car reimbursement coverage. Rental coverage reimburses you for the expense of a temporary rental work vehicle while your vehicle is being repaired after a covered claim. 

 Like many of the other coverages,  roadside coverage is an optional coverage, but generally inexpensive to add to your policy. In the event that your vehicle is disabled, keys are locked in the car, damaged in an accident and cannot be driven, etc., your policy would pay for a wrecker service, up to a set dollar amount.  

Most carriers we have also offer blanket coverages for things like rented or temporary vehicles. If your business regularly rents additional vehicles for your jobs, this coverage would insure those vehicles without you needing to call each time and individually schedule the vehicles on your policy.

Most of carriers offer additional coverages like on-hook, garage keepers, new hire which insures new drivers for the first 12 months of their employment, carried cargo, and more.

We have markets for businesses with fleets, tow truck operators, and dump truck and cargo operators. Call us today to discuss specifics.