Business auto insurance or Commercial auto insurance is a type of business insurance that offers coverage for vehicles that can be cars, trucks, vans, and trailers that are used for running of the business.
In Canada vehicles that are used to run a business should also be insured. This includes vehicles used for transporting materials, tools and equipment, it also includes vehicle used to transport packaged goods or people in the business.
The truth is that a commercial auto policy in Canada is more like the coverages for a personal car insurance policy. So what the coverage for Business auto policy in Canada
Third-party liability:
The policy will Protect an insured if at fault in an accident that caused injuring or killing to people or damage to property.
Direct compensation-property damage
The business auto insurance covers for insured vehicle and the contents like the dashboard infotainment system even if the insured Is not at fault or partly at fault
The Uninsured auto converage
With this insurance there covering for the insured involved in an accident even with an uninsured driver or even a driver not known that just did a hit-and-run. The insure here will have to pay for damages to the car as stipulated.
In Canada vehicles that are used to run a business should also be insured. This includes vehicles used for transporting materials, tools and equipment, it also includes vehicle used to transport packaged goods or people in the business.
The truth is that a commercial auto policy in Canada is more like the coverages for a personal car insurance policy. So what the coverage for Business auto policy in Canada
Third-party liability:
The policy will Protect an insured if at fault in an accident that caused injuring or killing to people or damage to property.
Direct compensation-property damage
The business auto insurance covers for insured vehicle and the contents like the dashboard infotainment system even if the insured Is not at fault or partly at fault
The Uninsured auto converage
With this insurance there covering for the insured involved in an accident even with an uninsured driver or even a driver not known that just did a hit-and-run. The insure here will have to pay for damages to the car as stipulated.