What is commercial auto insurance and what does it cover?

Do you need commercial car insurance? Commercial car insurance works similarly to your personal auto insurance policy except it’s designed to cover your work vehicles. If you have a car or a fleet of vehicles that you use for your business, it’s a good idea to find an affordable commercial auto insurance policy.

Businesses that Need a Commercial Car Insurance Policy

You should consider a commercial auto insurance policy if you have cars, trucks, vans, semis or other vehicles that you regularly use for work-related purposes. You should have a valid commercial car insurance policy if the vehicles are registered as commercial and have commercial license plates. Additionally, you should carry business car insurance if your employees sometimes use their vehicles for work-related purposes, like taking deposits to the bank, taking clients to and from the airport and taking packages to the shipping company.

Commercial Auto Insurance Coverages

The types of coverages for commercial auto insurance are similar to the ones offered by your personal auto insurance policy, except they are underwritten with commercial or business operations in mind.


Collision insurance pays to repair your work vehicle regardless of who was at fault or whether the driver hit something or the vehicle was hit by another car or object.


Comprehensive insurance coverage pays for damage to your work vehicles that was not the result of an incident that occurred while the vehicle was being driven or occupied. This type of coverage typically covers instances of fire, theft, flooding and vandalism.

Commercial Liability

Commercial liability protection pays for the damage to other people’s persons and their property if the driver of your work vehicle is found to be at fault for the accident.

Uninsured and Underinsured

If your work vehicle is involved in an accident with a vehicle that has extremely low coverage limits or isn’t insured, this helps pay for the repairs or replacement of your commercial vehicle.

Personal Injury

Helps pay for any medical expenses to the driver or occupants of your work vehicle if they are injured in an accident. It also pays for lost wages while they recover from their injuries. This coverage applies regardless of at-fault status.

Medical Payments

Medical payments can be part of the personal injury coverage or a separate coverage. This covers the costs of medical treatments for injuries sustained in your work vehicle.

Rental Coverage

Covers the cost of renting a work vehicle for your business while your work vehicle is being repaired or you are searching for a replacement after it was considered a total loss.

How Commercial Auto Insurance Policies Are Priced

Our agents at Fearnow understand that you want an affordable commercial auto insurance policy for your work vehicles. For this reason, we research hundreds of policies in order to find the best one for your needs, and we take into consideration certain variables about your business, including the size of your business and the number or work vehicles you have, how often they are driven and how many employees drive them. We also consider the type of business you have and the overall risk of one of your vehicles getting into an accident as well as the amount of coverage you need and your deductibles.

How to Save Money on Your Commercial Auto Insurance Policy

If you need to save money on your commercial auto insurance policies, you can raise your deductibles, but deductibles should always be an amount your business can afford to pay without hindering your operations. Paying your insurance premiums in full may also result in a cash discount, and if you have more than one type of policy with the same insurance carrier, you may be eligible for a multi-line or package discount. To learn about the exact discounts you may be eligible for, please ask our agents.

Getting Commercial Car Insurance with Fearnow in Florida

If you need an affordable commercial car insurance policy, our agents at Fearnow, serving Florida, can help you. Our commercial insurance policy can be written to cover all types of commercial trucks, including semis, tow trucks, dump trucks and box trucks. We can cover equipment and machinery trucks, limousines, taxis, rental cars and vehicles used for ride-sharing as well as personal vehicles that are sometimes used for business purposes. Our agents can also get you the best coverage at the best price because we’re not locked into working with a single insurance provider. Instead, we can research policies from more than 350 different providers.

To learn more about our commercial car insurance policies and to get a quote for your next commercial auto insurance policy in Florida, give us a call at 813-689-8878.