Almost every business may face a loss due to its owning, renting, using, or loading/unloading a vehicle. Most coverage needs can be handled by a business auto policy (BAP) or similar form. BAPs may cover a variety of operations, including trucking, garaging, public and private transport and businesses with auto exposures that fall outside the other classes. Coverage is flexible. It may be purchased as a separate policy or as part of a package of coverage that may also protect buildings and business property (equipment, furniture, etc.). A BAP generally offers:
- Liability Coverage - protection for physical injury to other persons or their property because of an accident related to your covered vehicle including legal defense cost or expense.
- Comprehensive Coverage - handles loss from any cause except collision. (such as hail, fire, lightning, explosion, vandalism and others).
- Collision - takes care of damage from crashes with another vehicle, object or overturn of the vehicle.
- Towing And Labor Costs for disabled vehicles.
To the top »