Insurance Services
Automobile
The exposures that your business faces on the road require a separate insurance policy. Business Automobile Liability coverage is designed to address the third-party liability losses arising from the ownership, operation, maintenance or use of an automobile. Whether a true trucking risk or incidental auto exposures, anyone driving a vehicle is required by law to provide automobile insurance.The Physical Damage section provides coverage for the property damage to the vehicles that you own, lease or in some instances borrow or rent. This coverage typically has two parts; one that provides comprehensive coverage and one that provides coverage for collision. Other coverages can be added such as towing and labor and rental reimbursement coverage. Often times there are enhancements that can be added to broaden the coverage. These enhancements include:
• Automatic Waiver of Subrogation, where required by contract
• Automatic Additional Insured Status, where required by contract
• Removal of the Fellow Employee Exclusion
• Drive Other Car Coverage- Extends the insurance to follow the individual
• Lease Gap Coverage
• Includes Employees as Insureds
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