Commercial Auto Insurance

Most personal auto policies don’t cover vehicles once they’re used for business. If you or your employees rely on vehicles, whether to deliver products, transport clients or move between job sites, a commercial auto policy can help cover unexpected expenses that may arise after an accident or other losses.

Is Commercial Auto Insurance Required?

In North Carolina, state law requires continuous liability insurance from a licensed carrier, as well as coverage for uninsured and underinsured motorists, for all registered vehicles. In addition to state requirements, lenders and leasing companies require coverage for vehicles that are financed or leased.

What Do Policies Cover?

Commercial auto insurance policies can be adjusted to fit the unique needs of your business. Policies often include the following:

• Liability coverage may help cover third‑party injuries or property damage if your business vehicle is involved in an accident.
• Collision coverage may assist with repair or replacement costs when your vehicle is damaged after hitting another vehicle or object.
• Comprehensive coverage may provide financial support for losses resulting from events like fire, theft or vandalism.
• Uninsured/underinsured motorist coverage may help your business handle expenses if the at-fault driver doesn’t have enough insurance to cover the damage.

Because every operation is different, certain businesses may need additional coverage. For instance, some organizations may benefit from hired and non-owned auto coverage, which can provide financial protection when employees use personal or rented vehicles for business purposes.

Who Needs This Coverage?

Once a vehicle is used for business purposes, the risks change, and even routine driving can expose your organization to significant financial consequences. Commercial auto insurance is essential for a wide range of operations, including contractors, delivery services, landscaping companies and any business that uses vehicles as part of its day-to-day operations.

Find Auto Insurance Near You

Whether you have a single vehicle or a large fleet, Ashlie Fortune Insurance LLC can help you find the right financial protection. Contact us today to get started with a personalized quote.