Highly-Publicized Examples of Commercial Auto Insurance at Work
- Five children and two adults were killed in a multiple-vehicle crash on their way from Louisiana to Walt Disney World. The mother of one of the victims filed a lawsuit against the company of the truck driver involved in the crash.
See: Mother of fatal I-75 crash victim filing lawsuit against truck company
- A Detroit woman who was a passenger in a high-speed collision while riding in a Lyft sued both Lyft and Uber ride services for millions of dollars, alleging that her driver was distracted by pickup notifications, causing him to crash.
See: Injured Detroit woman sues, blaming Lyft and Uber for crash
- A former trooper with the Wyoming Highway Patrol sued the owner of a food delivery truck that turned in front of his patrol car and caused a head-on crash in 2015. The trooper sought compensation for the injuries sustained in the collision. See: Former trooper sues trucking company over vehicle crash
- A Coca-Cola truck collided with a van and slammed into scaffolding outside a Bronx apartment building. In this case, the Coca-Cola company was liable for the damages caused by the accident. A commercial auto insurance policy would cover the damages to the victims, the property and all other costs.
See: Coca-Cola truck hits building in deadly Bronx crash
Commercial Auto Insurance Costs
Your commercial auto insurance rates will depend on a lot of factors, including the driver (their driving record and experience) the number of drivers you need to cover, the type of vehicles you own (make, model, year, weight, etc.), how and for what purposes the vehicles are being used, coverage amount, and the level of risk that is determined by your insurer.
Here are some tips that can help you get lower premiums:
Now that you have a better understanding of commercial auto insurance, you may be wondering how all of this affects your business and where to go from here. If you need more help or information, you can reach out to our team of expert brokers. If you prefer to get started on intelligent quotes, create your Embroker account today.
Having a quality commercial auto insurance policy in place and a broker who can help you navigate the terms and conditions, as well as the claims process, can save you money and, more importantly, time.
Embroker is the easiest way to intelligently insure any business. We’re here to help!