Driving to and from worksites exposes small construction and contracting businesses to a high level of risk. A collision could lead to another motorist getting injured, or expensive repairs for your construction truck or van.
Commercial auto insurance can help cover the cost of lawsuits, property damage, medical bills, and other expenses that arise from an accident. It also pays for vehicle damage caused by weather or vandalism, along with vehicle theft.
You can tailor your commercial auto insurance policy to meet the needs of your construction or contracting enterprise. This policy typically covers:e
If your construction company is sued over an auto accident, legal fees can get out of hand fast. You may also end up paying for a settlement or court-ordered judgment out-of-pocket if not insured.
If the driver of your business vehicle is injured, along with any passengers, this policy can cover the cost of medical care.