Insuring the Vehicles Used for Your Business 

Having commercial auto insurance is essential if your business relies on vehicles to maintain smooth operations. At All Insured Insurance Agency, we understand how important it is to financially protect your company vehicles. That’s why we’re here to help Illinois business owners navigate commercial auto insurance and make sure they have the coverage they need.

What Is Commercial Auto Insurance?

Commercial auto insurance can cover certain risks that come with using vehicles for business, such as transporting goods, visiting clients, or carrying equipment. In Illinois, this type of insurance is often required by law for businesses that own or operate vehicles.

What Does a Policy Cover?

While details may vary depending on the insurer and your coverage selections, a typical policy can offer the following:

• Liability coverage can help pay for third-party bodily injuries or property damage if you or your employee is at fault in an accident involving a business vehicle.
• Collision coverage can cover damage caused by hitting an object or another vehicle, regardless of fault.
• Comprehensive coverage can cover damage caused by falling objects, fire, natural disasters, theft or vandalism.
• Uninsured/underinsured motorist coverage can cover your losses if a company vehicle is hit by an at-fault driver with little or no liability coverage.
• Hired and non-owned auto coverage can cover damage to vehicles rented by the business or employees’ personal vehicles used for work.

Who Needs Commercial Auto Insurance in Illinois?

If your business uses vehicles, you will likely need commercial auto insurance to comply with state laws. Even if you use your personal vehicle for business tasks, your personal auto insurance policy typically won’t cover work-related incidents. Lenders may also impose their own requirements if you’ve leased or financed your business vehicles.

How All Insured Insurance Agency Can Help

Our team specializes in helping Illinois businesses find the right commercial auto insurance for their needs. We’ll review your operations, explain your options and tailor your policy to cover your vehicles and employees. We’re here to guide you in case you need to file a claim and offer support as your business grows.

Contact All Insured Insurance Agency today to get started with a personalized quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.