Coverage Options
Liability: Liability covers your company's legal liability for bodily injury and for damage to the property of a third party. Injury to your company's employees is excluded but covered by Workers Compensation insurance.
Physical Damage: Collision coverage insures damage to your vehicles from collision or overturning. Comprehensive coverage responds to other types of damage such as fire, theft, or vandalism.
Uninsured Motorists: Coverage to protect you if you are in an accident with an uninsured motorist.
Underinsured Motorists: This coverage provides protection from accidents with a motorist with insufficient liability insurance. When the responsible driver has the state's minimum requirements but not enough to cover a serious injury your policy will step in and bring the available coverage to the stated limit in your policy.
“No-fault”: Many states have enacted no-fault laws to limit litigation by having each party to the accident collect from their own policy. The protection afforded under no-fault benefits varies considerably from state to state.
Medical Payments Coverage: Coverage allows for a nominal sum to pay medical bills for customers and others injured while passengers in your company’s car without having to prove liability. The limit can vary, but usually starts at $2,000 and can go higher.