How Much Does Commercial Auto Insurance in Arizona Cost?
Your commercial auto insurance cost in Arizona can depend on your industry and the types of vehicles your business operates. There are several other factors that may influence the cost of commercial auto insurance
, like the:
- Type of business you have
- Type of vehicle your employee drives
- Driving records of your employees
- Typical travel radius driven
- Type of load the company vehicle is carrying
- Location of your company
Who Needs Commercial Auto Insurance in Arizona?
If you’re wondering, “Do I need commercial auto insurance?
” the answer is often yes. Arizona small businesses that own any types of vehicles for work, like cars, pickup trucks, box trucks
o commercial vans
, will need to safeguard their operations with commercial auto insurance. Whether you use your personal vehicle for work, or your business owns a fleet of vehicles, commercial auto insurance can help protect you from costly claims resulting from a vehicle accident that happens while you’re driving for work purposes.
Common AZ Professions That Need Auto Insurance
There are many types of businesses that can benefit from having commercial auto insurance in Arizona. These are some of the most common industries that need commercial auto insurance:
What Does Commercial Auto Insurance in Arizona Cover?
If your small business depends on any owned, leased or rented motor vehicles to get the job done, you’ll need commercial auto insurance to keep you and your employees protected. In Arizona, commercial auto insurance policies commonly include the following coverages:
- Bodily Injury Liability Insurance Coverage helps pay for the other driver’s medical expenses if you or one of your employees causes an accident.
- Property Damage Liability Insurance Coverage pays for damage that you or your employees cause to someone else’s property.
- Drive Other Car Coverage covers your business’ executive officers and their spouses if they drive vehicles that aren’t on your commercial auto insurance policy.
- Collision Coverage helps pay to fix or replace your business’ car if you hit something, like another car or pole.
- Comprehensive Coverage can help pay for damages caused by theft, fire or natural disasters.
- Medical Payments Coverage can help pay for medical expenses for your employees and their passengers in the event of an accident, such as medical treatments and rehabilitations, dental care or funerals.
- Uninsured/Underinsured Motorist Coverage helps pay for you or your employees’ medical expenses or to fix your car if you get into an accident with another driver who lacks enough liability coverage or is uninsured.
Hired and non-owned auto insurance
offers lawsuit liability coverage if you or your employees are involved in an accident with a personal
, rented or leased car that was used for business errands. However, this type of commercial vehicle insurance coverage won’t pay for damages to the personal, rented or leased car.