Protect Your Business Vehicles with Commercial Auto Insurance from The Hartford
Commercial auto insurance
, known as commercial vehicle coverage or commercial car insurance, helps cover property damage costs and medical expenses when you or one of your employees is involved in a motor vehicle accident while driving a company-owned car for business. Small businesses that own vehicles and use them for business purposes are required to have commercial auto insurance in North Carolina.
Who Needs Commercial Auto Insurance in NC?
If your business owns any company vehicles that you or your employees use for work, you’ll need to have commercial auto insurance in North Carolina. Also, if your employees use their personal vehicles for business purposes, you’ll need commercial auto insurance to protect them on the job.
What’s the Difference Between Commercial Auto and Personal Auto Insurance?
Commercial auto insurance covers vehicles you or your employees use for job duties, like picking up supplies or making deliveries. Personal auto insurance protects your personal vehicles that are driven for personal use
, like running household errands or commuting to and from work.
Typically, employees with valid licenses would receive coverage under your commercial auto policy as additional insureds. In addition, your commercial auto policy typically offers more comprehensive coverages, like higher limits and liability coverages, that you won’t see in a personal auto policy.
North Carolina Commercial Auto Insurance Minimum Requirements
In North Carolina, all vehicles need to have a minimum amount of auto liability insurance coverage. The minimum liability limits in North Carolina are the following:1