Does My Commercial Auto Policy Include Collision Coverage

If you operate vehicles for business purposes, understanding the details of your commercial auto policy is essential. One of the most common questions business owners ask is whether their policy includes collision coverage. The answer depends on the policy’s structure and specific coverages selected.

How to Find Out What Your Policy Includes

The best way to determine whether your commercial auto policy includes collision coverage is to review your declarations page. This document summarizes your policy, including the types of coverage selected, the limits for each and the applicable deductibles. If collision coverage is listed, it will typically show a deductible amount, which is the portion you would pay out of pocket before the policy contributes.

It’s also worth considering how your vehicles are financed. If you lease or finance your commercial vehicles, the lender may require you to carry collision coverage as part of the loan agreement. In these cases, the coverage is not optional and must be maintained for the duration of the financing term.

Learn More

If you’re unsure how to interpret your declarations page or can’t find the information you need, contacting your insurance representative is a good next step. They can walk you through your policy details and explain what is and isn’t included. They can also help you evaluate whether adding or adjusting collision coverage makes sense for your business operations.

Contact Providers Insurance to review your commercial auto insurance coverage.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.