Business auto insurance is the equivalent of your personal auto insurance policy, but it protects vehicles and drivers associated with your business. If your business owns vehicles, this policy will insure your business for costs associated with collisions or other vehicle damage. It also provides liability coverage for your business if one of your drivers is at fault for an accident.
You need commercial vehicle insurance to cover your business cars, trucks, and any other vehicles used in business operations.
Your commercial auto policy can cover:
- Vehicles that your business owns
- Vehicles that your business owns, hires, or leases
- All vehicles that are used for business purposes, including those that the business does not own, hire, or lease (e.g., when you or your employees drive your own personal vehicles for business purposes)
If your business owns vehicles and employs drivers, one traffic accident can cause serious problems. Your business will be held accountable for any damages caused by one of your drivers, and you will have to pay to repair other cars, your own vehicle, and the medical expenses for anyone who is injured. You may also be sued for additional damages.
With Mississippi commercial auto insurance, you can be sure you are protected from the devastating costs of car accidents and other threats to your vehicles and drivers.