Is Commercial Auto Insurance Really Necessary?

It’s not uncommon for new business owners to look for ways to cut corners to save money when setting up their new company. If your Ohio business uses company vehicles for transporting goods or customers, however, obtaining commercial auto insurance isn’t a luxury. Commercial auto insurance from Jeff Hutchison Insurance Services offers valuable protection that your business needs. Here are but a few of the many reasons why this insurance protection is necessary.

Protects Business Assets

A vehicle that’s registered under your company or used primarily for business use should have commercial insurance coverage. In the event of an accident, your commercial insurance policy will protect your business assets from liability claims or prospective lawsuits. Insurance protection can save your business from going under due to not having to pay accidental injuries or property damage out of pocket.

Protects Employees and Clients

If you or your employees use a vehicle for transporting goods or driving clients for work related purposes, commercial auto insurance will cover your drivers and clients in the event of an accident. Your insurance will pay for medical expenses of your employees or clients if they sustain injuries in an accident as well as cover property damage for your business vehicle.

You can also obtain commercial insurance coverage to protect employees driving their personal vehicles or rental vehicles for work-related purposes.

Provides Comprehensive Coverage

With commercial auto insurance, your company can benefit from comprehensive protection that includes liability for bodily injury, property damage, uninsured motorist coverage, collision, medical payments and more.

As a new business owner, you owe it to yourself to adequately protect your company from any eventuality. Call or visit Jeff Hutchison Insurance Services today to get a better idea of how you can benefit from all that commercial auto insurance has to offer.