Commercial Auto Insurance NJ
David G. Sayles Insurance
Services: Your Trusted Insurance Partner
Get Into Gear With Our Commercial Auto Insurance
The hustle and bustle of New Jersey roads require strong commercial auto insurance behind the wheel for all types of businesses and commercial vehicles. Whether you have a fleet of vans and cars, one truck or company car, or no company vehicles at all, your business is at risk should an accident occur while you or your employees are conducting business.
You run this business liability risk whether your business vehicles transport goods within your local area, throughout New Jersey or across state lines. Even if an employee is using his or her own vehicle to complete a sales call, make a delivery or attend a conference in downtown New York, you could be held responsible for an accident in which the employee is found at fault for bodily injury and property damage to others.
Business Auto Insurance Has You Covered
Commercial auto insurance for your truck, car or van fleets includes several key coverages that can be tailored to various business types and vehicles:
- Bodily Injury Liability: If you are deemed liable for an accident that causes the personal injury or death of one or more individuals, this coverage pays the resulting indemnification and legal fees.
- Property Damage Liability: Get protection if your truck, car or another vehicle causes accidental destruction of another person's property. This liability covers other vehicles, as well as damage to signs, mailboxes or buildings.
- Medical Payments: Designed to pay for justifiable doctor, hospital and medical bills acquired by you and any passengers as a result of a covered accident.
- Personal Injury Protection: Applicable in New Jersey, this adds no-fault benefits for each party involved in an accident to collect from his or her insurance company regardless of fault.
- Uninsured Motorists/Underinsured Motorists Coverage: This pays for medical expenses due to bodily injury by an uninsured driver or a driver with insufficient insurance coverage.
- Comprehensive Coverage: If any covered vehicles are damaged or destroyed by vandals, thieves, floods, fires or other covered events, this insurance pays replacement or repair costs minus the deductible amount.
- Collision Coverage: Get paid for damage to your vehicle when it hits or is hit by another vehicle or an object such as a tree.
- Hired & Non-Owned Auto Liability: This provides coverage for claims against your business if an employee has an accident while using his or her vehicle, or a rental truck or car, for business purposes.
- Roadside assistance: This insurance for your business vehicles can provide emergency help if you need a tire change, battery charge or towing. Roadside assistance even provides help if you are accidentally locked out of your car.
Our staff is happy to go over each coverage available under a business auto policy, the limits you will need to insure your risk properly, and the additional options possible with business insurance and commercial auto coverage. Each insurance agent at our firm is a knowledgeable professional in commercial auto policies.
Questions You May Wonder About
Commercial auto coverage in New Jersey can be a complex undertaking, and you should always talk to a well-qualified and experienced insurance agent for the most comprehensive answers to your inquiries. However, we’ve listed some of the most common commercial auto questions business owners ask here:
What Does New Jersey Commercial Auto Insurance Cover?
The State of New Jersey requires all drivers and commercial companies to purchase a minimum insurance policy that covers vehicles used for either personal or business use. This law is strictly enforced with potential fines and suspension of drivers’ licenses.
According to NJ law, the basic policy must provide minimum liability coverage for bodily injuries of $15,000 for each individual and a total of $30,000 per accident. The policy must also include $5,000 of property damage liability per accident.
In addition to complying with the law, all companies should want to carry at least the basic commercial auto liability insurance to protect their business assets.
Does an Employee's Personal Auto Policy Provide Coverage When Making Sales Calls or Deliveries?
No, in most cases an insurance company will not pay claims under a personal auto insurance policy when the covered vehicle was used for business purposes. Likewise, when an employee drives a rental car for business use, the worker’s personal auto insurance does not provide coverage.
What Should You Consider When Choosing a Commercial Auto Insurance Policy?
Obviously, the price of a commercial auto policy is a big consideration for any business, but this should not be the only concern. You want to choose coverage from an insurance agent who offers impeccable customer service and gives expert advice about the commercial auto policy that best meets your needs.
The integrity and reputation of the insurance company are vital to make sure the liability insurance coverage, commercial auto policies, and all business insurance coverage options are reliable and of the highest quality available. It is also a plus to access your quote online.
What Aspects of a Commercial Auto Insurance Policy Determine the Cost?
All businesses have different requirements for their insurance coverages whether it is for workers’ compensation insurance, liability coverage or other policies. A commercial auto insurance policy is no different.
The individual circumstances of different companies can affect the costs of the commercial auto insurance premiums businesses must pay. Some of the factors that affect the cost of auto insurance in NJ may include:
- Number of drivers insured under the commercial auto insurance policy
- Accident and driving record reports of all the drivers covered under the policy
- Type of vehicles the business is insuring and the gross vehicle weight
- Miles the company vehicles log each year
- Commercial auto insurance claim history of the insured company
- Location of the business in New Jersey
- Amount of coverage per claim and maximum amount the policy will pay
- Line of work or business type protected by the commercial auto coverage
What Is Comprehensive Coverage, and Why Do Small Business Owners Need New Jersey Commercial Auto Insurance That Includes It?
A number of situations that have nothing to do with collisions or two-vehicle accidents can occur to damage your business vehicles. In these cases, your company may have to pay extensive repair or replacement costs that can affect your business profits.
Some typical examples include theft of the business vehicle, damage sustained from hitting a deer or other animal, surface dents or cracked glass to a company car or entire fleet from a hail storm, or vandalism inflicted on business vehicles. Comprehensive coverage options provide additional protection in these circumstances, and your company will not have to pay for the vehicle damages.
We also offer package policies, including Business Owners Policies and Commercial Package Policies, and our commercial auto insurance specialists are always willing to review and help your business determine which is right for your company and industry sector. Our current clients importers & exporters, wineries &
breweries, manufacturers, and non-profits, to
name a few.
We’re always
accountable to you.
Let David Sayles Insurance Services help you with your insurance program. Our unique talented and experienced team of professionals is ready to provide you with the service you deserve and the insurance you need. Give us a call at 800-439-0292 to go over your specific needs.
