Get Texas Commercial Auto Insurance Coverage From The Hartford
Texas has over 3 million small businesses that employ almost 45% of employees in the Lone Star State.1
If you own a small business, you’ll need the right type of business insurance to keep you and your employees protected. If you depend on company vehicles for business purposes, it’s crucial to have commercial auto insurance in Texas.
Commercial auto insurance
, also known as commercial vehicle coverage, helps cover the costs of motor vehicle accidents that occur while you or your staff use personal or company-owned cars for work. This coverage can help pay for damage to property and medical expenses resulting from a car accident, whether it’s a fender bender or a fatal accident.
Who Needs Commercial Vehicle Insurance in Texas?
Do you need commercial auto insurance? The answer is often yes. If your business owns any company vehicles that you or your employees use for work, you’ll need to have commercial auto insurance in Texas. If your employees use their personal vehicle for business purposes, you will also need commercial auto insurance to protect them on the job.
Types of Commercial Auto Insurance in Texas
If your Texas-based small business owns any types of vehicles, like cars, pickup trucks, box trucks or commercial vans for work, you can safeguard your operations with commercial auto insurance.
The Hartford also offers these types of commercial vehicle insurance:
Box Truck Insurance
Box truck insurance
is a type of commercial auto insurance that’s designed specifically for businesses that use box trucks or straight trucks for work purposes.
Commercial Van Insurance
Commercial van insurance
is a type of commercial auto insurance that protects your company-owned vans used for business.
How Much Does Texas Commercial Auto Insurance Cost?
What you pay for commercial auto insurance in Texas often depends on your industry and the types of vehicles your business operates. There are also several other factors that may influence the cost of your auto insurance coverage, including:
- Type of business you have
- Type of vehicle(s) your employees drive
- Driving records of your employees
- Typical travel radius driven
- Type of load the company vehicle typically carries
- Location of your company
What Does Texas Commercial Auto Insurance Cover?
If your business depends on any company vehicles to get the job done, you’ll need commercial car insurance to keep you and your employees protected. In Texas, 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 car 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 Motorists Coverage helps pay for you or your employees’ medical expenses or to fix your car if you’re in an accident with a 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.
What Are the Commercial Auto Insurance Minimum Requirements in Texas?
In Texas, all vehicles need to have a minimum amount of auto liability insurance coverage. This minimum amount is often called 30/60/25 coverage. The minimum liability limits in Texas are the following:2