What Types of Vehicles Are Covered Under Commercial Vehicle Insurance?
Commercial vehicle insurance provides coverage for a wide range of vehicles used for business purposes. Understanding which types of vehicles are covered can help you choose the right policy for your business.
Common Vehicles Covered by Commercial Vehicle Insurance
Commercial vehicle insurance covers a variety of vehicles that are primarily used for business purposes. These vehicles include delivery trucks, service vans, pickup trucks, and passenger vehicles used for transporting goods, employees, or equipment.
For example, if your business uses vans to deliver products to customers or pickups to transport tools and materials, commercial vehicle insurance will cover these vehicles. Whether your business is large or small, the insurance can be tailored to cover the specific types of vehicles you operate. Coverage typically includes liability protection for accidents, damage to the vehicle itself, and medical expenses in the event of an incident.
Additionally, if your business uses vehicles for transporting people, such as buses or taxis, these can also be covered under commercial vehicle insurance. The level of coverage can be adjusted based on the nature of the vehicle, ensuring that both the vehicle and any passengers are adequately protected. Statewide Insurance Group offers customized policies for different vehicle types, making it easy to secure comprehensive coverage that fits your business needs.
Specialized Vehicles and Equipment Coverage
In addition to standard vehicles like trucks and vans, commercial vehicle insurance also provides coverage for specialized vehicles and equipment used in specific industries. If your business operates vehicles such as refrigerated trucks, flatbed trucks, or dump trucks, these types of vehicles can be included in a commercial vehicle insurance policy.
Refrigerated trucks, for example, are critical for businesses in the food industry that require temperature-sensitive deliveries. These vehicles not only need standard coverage but also additional protection for the refrigeration unit, which can be expensive to repair or replace if damaged. Flatbed trucks, often used for transporting large or heavy equipment, may require specialized coverage for the cargo they carry. Similarly, construction companies that use dump trucks to transport materials need specific coverage for both the vehicle and the materials being hauled.
Statewide Insurance Group works with business owners to ensure that even specialized vehicles and equipment are adequately covered under their commercial vehicle insurance policies. The right policy will protect your business and its assets, no matter what kind of vehicles you operate.