Business Automobile Policies, A Worthwhile Investment
Riding on the highways and byways in your company vehicle is like giving your office legs. You take great pride in showing off your company's colors and class as you go about your routine routes, deliveries, and more.
Business Auto Policies can protect your investment during daily operations like:
- •deliveries of food and products (e.g. the new local grocery delivery programs available)
- •transport to wholesale and retail buyers
- •transporting people to places near and far (e.g. company cars for touring and events)
- •repair pick-ups (e.g. courtesy pick-up of broken appliances, office equipment, and more)
- •retail delivery from store to customer (e.g. home or office furniture deliveries)
Kinds of BAP Coverage Offered
Loss of use/rental car coverage: If your company doesn't own a car, but needs to rent one from time to time, this coverage helps pay for the losses sustained by a rental company due to vehicle damage, as well as injuries or damage caused to other parties.
Liability. If there's an accident that causes damages or injuries to another party, this coverage pays for legal defense for your company.
Collision. This coverage pays for costs associated with actual crashes and vehicle overturns.
Towing and labor. Coverage in the case of towing costs for repair.
Comprehensive (and not-so comprehensive). This coverage handles any kind of loss except collision. Or you can opt for a less expensive "comprehensive"-type coverage that handles only specific cases of loss such as fire, explosion, vandalism, and more.
Don't Expect Your BAP To Cover:
- •expected or intended injuries or damage
- •damages incurred that fall under your contract responsibilities
- •disability-benefits, workers' compensation-, or unemployment compensation-related losses
- •employee injuries caused by another employee
- •racing, demolition, or stunt losses
- •damage incurred while under your Care, Custody and Control
Experts in BAP coverage are always willing to provide further details to educate you about policy options to keep your company covered when it's on the road.
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