Commercial Auto Insurance

Unlike personal auto insurance, which covers personal vehicles used for commuting and leisure, commercial auto insurance can help provide coverage for vehicles used for work-related tasks such as transporting goods, making deliveries or transporting clients.

Contact Allgood Insurance today for a personalized commercial auto insurance quote.

How Does Commercial Auto Insurance Work?

Commercial auto insurance works similarly to personal auto insurance but with additional coverage tailored to business needs. It typically includes liability coverage, which protects against claims and lawsuits arising from accidents where the business vehicle is at fault.

It may also cover physical damage to the vehicle and coverage for uninsured or underinsured motorists.

In the event of an accident or damage, the business files a claim with the insurance company. The insurer assesses the claim and, if approved, provides financial compensation based on the coverage limits and deductibles outlined in the policy.

How Much Is Commercial Auto Insurance?

The cost of commercial auto insurance varies depending on several factors, including the type of business, the number and types of vehicles insured, the driving records of employees, the coverage limits chosen and the location of operations.

Premiums for commercial auto insurance tend to be higher than personal auto insurance due to the increased risk associated with business use.

How to Get Commercial Auto Insurance

Contact Allgood Insurance in Winston-Salem, North Carolina. Our team specializes in commercial coverage and can assess your company’s needs and provide appropriate insurance solutions.