What is Commercial Vehicle Insurance
Commercial Vehicle Insurance is designed for vehicles used in business operations, such as trucks, buses, heavy-duty vehicles, and other commercial transports. This policy provides:
- Damage and Theft Coverage: Protects against repair or replacement costs due to accidents, natural disasters, or theft.
- Higher Liability Protection: Addresses the increased risks associated with transporting goods or passengers.
- Employee Coverage: Includes protection for employees driving the insured vehicle.
- Equipment Coverage: Extends to cover tools, machinery, or equipment carried inside the vehicle.
This policy is essential for businesses to ensure financial protection and legal compliance while operating commercial vehicles.
