Regardless of your business type, you probably use one or more vehicles to get around. Depending on how your organization operates, this can include vehicles owned or leased by the business, hired out for limited use, or owned by employees but used for business purposes.
This last category, the employee-owned vehicle, is frequently overlooked. But if you ask your employees or staff to use their personal vehicles for even small errands, like taking a check to the bank or visiting a supplier or customer, this is an essential element of your policy.
We’ll Build the Right Commercial Auto Policy for You
Let us build a custom commercial auto policy that meets your specific needs. There can be different limits and types of coverage for each vehicle, so it is vital to have an experienced insurance broker who understands how to evaluate your unique needs.
Your policy will clearly specify:
- Each covered vehicle
- The liability and physical damage coverage for each
- Your limits of insurance
- Business use definitions
- Who is insured
Coverage Types
- Liability covers third-party medical costs and damage awards for bodily injury, death or physical property damage or losses due to the negligence or fault of the individual driving your insured vehicle.
- Comprehensive covers damage to your insured vehicles when that damage occurs for reasons other than collision, such as weather, animals, vandalism or theft.
- Collision is available alongside liability and comprehensive coverage. It helps with the cost of vehicle damage caused by your driver.
- Uninsured and/or underinsured motorist bodily injury and property damage pays if someone with insufficient insurance hits your commercial vehicle to pay for your losses.
- Accident Benefits coverage helps with medical expenses for the driver and passengers, regardless of fault beyond what health care covers. It also covers other expenses such as funeral expenses, death benefits or loss of income from disability. This coverage is mandatory in all provinces except Newfoundland and Labrador.
- Non-owned auto specifically insures rented, leased or borrowed vehicles used by the business or for its purposes.
- Fleet insurance covers all your business vehicles.
Our Promise to You
You take care of your business, and we’ll take care of you. Responsive, friendly service is how we roll. We offer:
- Clear identification of the number and types of vehicles insured, as well as the causes and types of damage covered
- Customized coverages, limits and deductibles by vehicle
- Annual policy reviews to ensure adequate coverage
- Responsive, friendly claims professionals
- A straightforward claims reporting process
Give us a call or reply to this email to get started—we look forward to helping you stay on the road safely.
About Wedgwood Insurance
Wedgwood Insurance has offices in St. John’s & Corner Brook and is Newfoundland & Labrador’s largest independent insurance broker. We provide straightforward home, auto & business insurance advice.
With over 245 Google My Business reviews, experience the Wedgwood difference with expert advice from our dedicated team. We ensure that every client has the coverage that best suits their needs through upfront complimentary consultations and midterm reviews.
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