Business Auto Insuranceprovides liability and physical damage protection for vehicles owned, leased, or hired by your company. Unlike personal auto policies, commercial auto insurance covers the higher liability limits required by businesses and addresses the complex risks of employees driving for work purposes, hauling equipment, or transporting goods.
The “Risk Reality”: Commercial Liability
When an employee gets behind the wheel, your business assets are on the road. The Insurance Information Institute (III) data highlights that commercial auto liability claims are rising due to increased litigation and repair costs. If an employee causes a severe accident in a company van, a standard personal policy will likely deny the claim, leaving your business responsible for medical bills and legal settlements that can reach into the millions.
Business Auto Insurance Coverage
We design fleets policies that keep your business moving and compliant.
✔ What is Covered
Combined Single Limit (CSL): High liability limits (e.g., $1M) that apply to both bodily injury and property damage per accident.
Hired & Non-Owned Auto: Covers liability when employees use their personal cars for work errands or when you rent a vehicle.
Collision & Comprehensive: Pays to repair or replace your business vehicles after accidents, theft, or weather damage.
Loading & Unloading: Covers liability for accidents that happen while moving cargo into or out of the vehicle.
✖ What is NOT Covered (Exclusions)
Tools in Transit: Expensive tools left in the van usually require an Inland Marine endorsement, not auto coverage.
Pollution: Spills of hazardous materials often require specialized pollution liability coverage.
The “Dream” Difference: Standard vs. Comprehensive
Most direct quotes only cover the basics in the left column. We shop multiple carriers to secure the critical add-ons in the right column that actually protect your livelihood.
“How much does commercial auto insurance cost?” Premiums depend on fleet size, driver records, and vehicle type.
Cost Estimates: According to industry market data, the median cost for a commercial auto policy is approximately $140 to $170 per month per vehicle for standard service trades (like plumbers or electricians).
Vehicle Type: Heavy trucks (dump trucks, semis) cost significantly more to insure than passenger sedans due to the damage potential.
Driver History: Employing drivers with clean MVRs (Motor Vehicle Records) is the most effective way to keep your fleet premiums low.
The “Independent Difference”: Why Dream Assurance?
Fleets require management, not just a policy. “Independent Means Multiple Choices.”
Top Carriers: We work with leading commercial carriers to find the best rates for everything from a single contractor van to a delivery fleet.
State Filings: We handle the federal and state filings (like BMC-91X) required for trucking and transport companies.
Fast COIs:Our team generates Certificates of Insurance quickly so your drivers aren’t stuck waiting at a job site.
Experience the confidence shared by the professionals we protect, and let us turn these options into a clear, comprehensive protection plan for you.
Mr. Andre was a massive help beginning to end! He helped us get a great deal on our insurance, and explained everything thoroughly. It isn’t every day you get an insurance agent that you feel actually know what’s they’re talking about AND has your best interest in mind, but he definitely cares about his clients! Thanks Andre, and thanks Dream Assurance!
If your vehicle is titled in a company name, used to transport goods/people for a fee, or driven by employees, you need a commercial policy.
Does commercial auto cover my tools? +
Typically, no. Commercial auto covers the vehicle itself. To cover expensive tools stored inside, you need an Inland Marine (or Tool Floater) endorsement.
What is Hired and Non-Owned Auto coverage? +
This covers liability when your business uses vehicles it doesn’t own—like when an employee uses their personal car for a bank run or you rent a truck for a day.
Are racks and wraps covered? +
Yes, but they must be declared. Commercial policies can cover permanently attached equipment (like ladder racks) and custom wraps if valued correctly.
Is personal use covered on a business vehicle? +
Usually, yes. Most commercial policies cover “permissive use,” allowing you to drive the work truck for personal reasons, but verify this with your agent.
Find Your Coverage
We’re here to help you explore your coverage options tailored to your needs.
