Automatic Data Processing Insurance Agency, Inc. (ADPIA®) can help you find protection for your fleet, your drivers and your business.
If your company owns, leases or rents vehicles, commercial auto coverage is important protection to consider.
A commercial auto insurance policy helps cover the financial responsibility resulting from injury and/or property damage resulting from an accident. It also protects you in the event a worker is sued following an accident while working.
A commercial auto insurance policy is strongly recommended whenever employees:
At Automatic Data Processing Insurance Agency, Inc. (ADPIA), we go beyond basic insurance advice to deliver simplicity, consultation, and convenience. You can count on us to provide access to the most comprehensive solutions available for your commercial vehicles. Best of all, we’ll help save you time and effort so you can stay focused on what matters most -- growing your business.
Commercial auto insurance includes insurance for autos, trucks, and vans used for business purposes. If you own a business and use personal vehicles for business purposes, a commercial auto insurance policy can help protect you and your company against third-party claims for property damage or bodily injury. Many personal auto insurance policies exclude coverage if a vehicle is used mainly for business.
Many commercial auto insurance policies cover the liability for your business for employees who use their own autos for business purposes. However, the employees' personal auto policies would be the primary coverage for damage to their automobiles.
Most lenders require comprehensive and collision coverage while you have an outstanding loan on your auto. If you or your business owns the vehicles outright, then the decision should be based on your financial reserves and the auto's value. Is the vehicle's value close to the premium paid for comprehensive and collision? Do you have funds available to replace the vehicle if it's destroyed or stolen? These are some of the factors to consider before you decide to make changes to coverage.