Commercial Auto Insurance Huntsville

Commercial auto insurance can cover a combination of vehicle types (trucks, cars) and drivers, as well as some types of motorized equipment. It provides for bodily injury liability and property damage while operating a company automobile, and medical payments or Personal Injury Protection (PIP) for the driver and passengers of the policyholder’s car.

Want to go deeper?

COMMERCIAL AUTO COVERAGES

Provides all of the coverages that the insured should need if he/she owns, leases or hires vehicles. It also covers the insured for the non-owned usage of a vehicle when an employee or volunteer uses their vehicle on company business. The schedule allows the insured to sculpture the coverage as needed by the use of symbols. The policy can cover all owned, leased, hired and non-owned autos or can be more selective.

(Refer to ACORD 127, 129, and 163) (Refer to PF&M 220.1)

Commercial Auto Coverage—Liability

Provides coverage for bodily injury and property damage to others who are damaged by an insured vehicle.

(Refer to ACORD 127, 129, and 163) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Physical Damage

Collision – provides coverage for covered vehicles that are damaged by an impact with another vehicle, object or animal.

Other than collision – provides coverage for damage to covered vehicles by any cause of loss other than collision and other items specifically excluded.

(Refer to ACORD 127, 129, and 163) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Uninsured Motorist

Provides coverage to the insured for bodily injury that they have suffered caused by an uninsured motorist. It does not respond if the motorist is underinsured. The limit should be equal to the limit of the bodily injury carried on the policy.

(Refer to ACORD 127, 129, and 163) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Underinsured Motorist

Provides excess coverage to the insured for bodily injury they have suffered caused by an underinsured motorist. It does not respond if the motorist is uninsured. The limit should be equal to the limit of the bodily injury carried on the policy.

(Refer to ACORD 127, 129, and 163) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Personal Injury Protection

Provides coverage necessary to meet the requirements of state -mandated “no-fault” coverages.

(Refer to ACORD 127, 129, and 163) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Hired Car

Provides coverage for the insured on any vehicle that is hired by the insured. Physical damage coverage may also be purchased. A car must be hired for less than six months in order to be considered hired and not leased. This coverage may be purchased with owned auto coverage or as a standalone.

(Refer to ACORD 127) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Non-Ownership Automobile Liability

Provides coverage for the employer when an employee or a volunteer uses their vehicle on the employer’s business and causes damages. Coverage may be extended to the employee, but only through a special endorsement.

(Refer to ACORD 127) (Refer to PF&M 220.4-2)

Commercial Auto Coverage—Garage Policy

The garage policy was developed to provide comprehensive liability coverage to protect both the general liability and automobile liability exposure using only one coverage form in order to prevent gaps and overlaps. The garage coverage form contains premises liability, products liability, and automobile liability coverage. It also includes physical damage protection to vehicles (owned either by the insured or his garage customers).

(Refer to ACORD 128) (Refer to PF&M 222.4-2)

Commercial Auto Coverage—Garagekeepers

Garagekeepers coverage provides coverage for loss or damage to customers’ cars. The coverage may be provided on a legal liability basis or without regard to legal liability. It may be offered as direct coverage that is excess over insurance carried by customers or as direct coverage on a primary basis.

All automotive operations that work on customers’ vehicles should carry this coverage.

(Refer to ACORD 128) (Refer to PF&M Section 220.6-4)