How to Protect Your Business with Commercial Auto Insurance

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How to protect your business with commercial auto
insurance
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• Protecting your business on the road shouldnt be
  taken lightly. Commercial auto insurance provides
  additional coverage that may be eliminated from
  your personal auto insurance policy. Businesses
  choose commercial auto insurance because it
  offers comprehensive protection and peace of mind
  in the event youre faced with uncovered
  liabilities from a major accident.
• What is commercial auto insurance?
• Protecting your business vehicles is essential,
  and commercial vehicle insurance can provide the
  coverage you need. From company cars to a range
  of trucks and other corporate transportation,
  this type of policy offers physical damage
  protection as well as liability coverages that go
  beyond what personal auto policies include.

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• How do I know if I need commercial auto
  insurance?
• Commercial auto insurance serves to protect both
  the financial interest of the business and its
  employees. If employees drive a company-owned
  vehicle for business operations, it is important
  to know that personal automobile insurance
  policies do not usually cover vehicles used in
  business operations. Commercial auto insurance is
  designed to protect businesses against
  liabilities.
• Businesses should consider commercial auto
  insurance if
• They are paid to transport goods or people.
• They use their vehicle to offer a service.
• Their vehicle requires higher limits of liability.

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• They haul tools or equipment using a trailer.
• The vehicle is in the name of the business and
  driven by employees.
• What is covered by commercial vehicle insurance?
• Commercial auto insurance safeguards your
  business vehicles and the people in them by
  covering liability damages, physical damage and
  loss due to collision, and medical expenses
  even if accidents occur with a vehicle that is
  uninsured or underinsured. With a commercial auto
  policy, you can ensure that the business
  vehicles stay safe and covered regardless of if
  they are owned, leased, or hired cars. These
  policies also offer liability protection in the
  event of any bodily injury or property damages
  caused by their operation.

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• Who is covered to drive my commercial vehicle?
• With a commercial auto policy, you can ensure
  that anyone driving for the company including
  employees, family members, or other authorized
  individuals will be covered in case of an
  unexpected incident on the road. Be sure to add
  any drivers who use vehicles regularly so they
  are fully protected!
• What type of vehicles does a commercial auto
  insurance policy cover?
• Commercial auto insurance is often associated
  with larger vehicles like box trucks, food
  trucks, work vans, and service utility trucks.
  However, regular vehicles cars and trucks may
  require commercial auto insurance when they are
  used for business purposes.

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• Is commercial auto insurance tax deductible?
• Those who use their vehicle for business purposes
  may be able to capitalize on tax deductions with
  commercial auto insurance. Self-employed
  individuals can often deduct premiums from
  Schedule C, while employees may take advantage of
  Form 2106. For more details on claiming a
  deduction, it is recommended that you consult the
  IRS or an experienced accounting professional.
• How do I purchase commercial auto insurance?
• The insurance agents at Newman Tucker are
  qualified advisors who can help your business
  assess if it would benefit from commercial auto
  insurance.

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• They will discuss how your vehicles are used,
  determine what business operations depend on
  vehicle use, and help you identify the right
  coverage for your business.
• Some of the factors that the agent will discuss
  with you include your business size, number, and
  types of vehicles, current insurance, driving
  risk, and the cost of the vehicle. These factors
  will help your agent determine the right amount
  of coverage for your business.
• Request an insurance quote
• At Newman Tucker Insurance, our mission is to
  save you time, money, and hassle by providing you
  with the most reputable, trusted, and highly
  reviewed insurance coverage available.

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• Using our resources, we compare prices between
  the nations top-rated insurance companies,
  offering you competitive, and affordable
  insurance solutions.
• Give us a call at 859-441-2886 today, and well
  make sure you have a quick, easy, and worthwhile
  experience.
• For more tips and our latest updates, visit us on
  Facebook.

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