In two lawsuits recently filed on Texas commercial auto policy coverages resulting from non-fatal accidents, the grounds were as follows:
- Changing lanes when unsafe
- Negligent hiring and training of the driver
- Failure to keep a proper lookout
- Failure to observe due care
- Lack of precaution for other vehicles on the road
The damage to the injured parties included physical pain, damage to family relationships, lost earnings and earning capacity.
Proposed compensation for damages were current and future medical expenses, mental anguish, lost wages and medical monitoring.
It can get quite complicated.
And that’s why, whether you use vehicles to haul equipment or product, transport employees or others, commercial auto coverage is essential.
It’s the same as personal auto except it’s for people who drive while doing activities involved in your business.
- Auto Liability
- Medical Payments
- Comprehensive and Collision Coverage
- Uninsured and Under-insured Motorists Coverage
Those look familiar from your personal policy. The coverages that may be different for your commercial auto policy are autos you borrow or rent, legal action not included on personal auto policies and coverage for employees using their cars for your business.
Commercial Auto Insurance Veterans
If you combine a commercial automobile policy with a workers' comp and liability policy, you may be eligible for discounts. Also, commercial policies, called multi-peril, that factor commercial auto into their packages may also be available. This is why a seasoned veteran of the Texas and Louisiana insurance scene can be a real asset when you’re seeking commercial auto coverage.
So, obtain a quote and discuss your commercial auto insurance needs with one of the professionals at Elzey Insurance Agency, today.
We’re based in Pasadena, TX, and have been insuring Texas and Louisiana businesses for over 25 years.