Business Auto & Fleet Insurance
The Business Auto Policy (BAP)
may seem simple, but there are many issues you
should understand as an owner of commercial
vehicles. The auto coverages in the BAP are
similar to your own personal insurance policy :
Bodily Injury,
Property Damage,
Medical Payments,
Uninsured Motorists,
Comprehensive and
Collision all make up the BAP.
There are other options available as well :
Hired and Non-owned auto - for suits
resulting from an employee’s use of a non-owned
vehicle.
Hired Car Property Damage - pays for a
rental vehicle damaged while being rented, no
need for Collision Damage Waiver coverage from
the rental car company.
Pollution for accidental spills from a
vehicle.
You must decide under what circumstances your
employees have permission to drive company
vehicles - just for work, to and from work, or
for personal use. Can your employees let their
16 year old sons drive your company vehicle? If
not clearly spelled out, you may have problems.
Contact us for more detailed information on
commercial auto insurance. If your employees
ever drive company owned vehicles;
check with us
to make sure you are protected.
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