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   Commercial Auto Insurance Policies are designed to cover the driver and the vehicle for a company where these vehicles would be excluded from personal auto policies. While a Personal Auto Insurance Policy is used to insure the automobile exposures of individuals and families; the Business Auto Policy insures the automobile exposures of businesses

The kinds of autos owned by businesses and covered under a Business Auto Insurance Policy include:

Private passenger type autos, including station wagons, jeeps, pick ups, panel trucks, vans and utility trailers designed to be pulled by private passenger autos.

Commercial autos, including trucks other than those listed above, truck tractors, semi trailers, commercial trailers and service trailers.

Public autos, including vehicles used as public or livery conveyances (buses and taxicabs) and private passenger type autos rented to others without a driver.

Special types of vehicles including self- propelled vehicles with certain permanently attached equipment (equipment for snow removal, road maintenance and street cleaning, cherry pickers and air compressors.

Some of the reasons for having a commercial auto insurance policy:

If you are using your auto to transport goods or people for a fee or if you use your auto to conduct a service, you may need a commercial insurance policy.

A commercial auto insurance policy may be appropriate if you need higher limits of liability because of the nature of your work.

Hauling a considerable weight in tools or equipment or towing a trailer used to conduct your business may require a commercial auto insurance policy.

A commercial insurance policy may be needed if employees operate the auto or if its ownership is in the name of a corporation or partnership.

The Business Auto policy includes one of three coverage forms in addition to the Commercial Package Policy’s Conditions and Declarations:

The Garage coverage form is used to insure businesses engaged in selling, servicing, repairing, parking or storing autos.

The Garage coverage form is used to insure businesses engaged in selling, servicing, repairing, parking or storing autos.

The Truckers coverage form is used to insure businesses that are hired to transport goods for someone else.

The Business Auto Coverage form can be used to insure the auto’s exposure of all businesses other than garage or trucking businesses.

Commercial trucks and trailers are also “rated” based on the territory where they are kept (or “garaged”), the distance that they cover (radius) the size (or type) and the business use. Trucks which operate within a radius of fifty miles are rated “local” and receive the lowest rates. If the radius is over fifty miles but less than two hundred miles they are called “intermediate”. Vehicles traveling over two hundred miles are listed as “long distance”.

There are many more factors that go into the coverage of a Commercial Auto Policy; call us today to speak with one of our knowledgable agents or to receive a free quote. At Birchell Insurance Agency, we are here for you just call 800-978-8813.

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