Just as you need insurance for your own car, your business needs coverage for the vehicles it owns or leases. If you or an employee has an accident in a business vehicle, the business may be liable for injuries, lost wages and damage.
Typical coverage
- Bodily injury liability
- Injuries to others that you're legally responsible for.
- Property damage liability
- Damage to others' property that you're legally responsible for.
- Medical payments
- Reasonable medical and funeral expenses for people injured in, or getting into or out of, your vehicle.
- Personal injury protection
- Medical, rehabilitation and lost-wage costs from injuries to you or a household member, with death and survivor benefits where they apply.
Other coverage you can add
- Comprehensive
- Loss or damage to your vehicle and equipment from causes other than collision, subject to your deductible.
- Collision
- Collision damage to your vehicle and equipment, subject to your deductible.
- Uninsured and underinsured motorist
- Your injuries when the at-fault driver has no insurance or not enough.
- Rental and travel expenses
- Rental cars, food, lodging and other costs after a covered comprehensive or collision loss.
- Hired auto liability
- Liability for vehicles rented or borrowed for your business.
- Hired auto physical damage
- Damage to vehicles hired, borrowed or leased short-term for your business.
- Non-owned auto liability
- Liability when employees use their own cars for your business.
