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Maine Commercial Auto Insurance

from NYX Insurance Agency

What is commercial auto insurance?

Maine Commercial auto insurance policies provide liability coverage and physical damage for situations, and vehicle uses not covered by a personal auto insurance policy—for automobiles used for business purposes along with a wide variety of trucks and commercial vehicles. Maine Commercial Auto Insurance is required for any of these purposes.

 

The protections offered to you from commercial auto insurance are:

  1. Liability Coverage - If you are in an at-fault accident (an accident where your actions are deemed to be the cause), the policy will cover the other party’s bodily injury or property damages.

  2. Medical Payments - Also known as “med pay,” this can be thought of as a pool of funds to cover immediate medical bills of any party involved in an accident, even before fault is established.

  3. Collision Coverage - A large percentage of auto accidents cause damage to your vehicle. Collision coverage will make sure that your car or truck is restored to the condition it was in prior to the wreck. Damage due to theft, vandalism, and some weather acts also fall under this coverage. This may be an optional coverage on some policies.

  4. Uninsured/Underinsured Coverage (U/UI) - Nearly 13% of drivers (one out of every eight) on the road do not have an active insurance policy on their vehicle. Many more could be considered underinsured if their coverage limits are not high enough to cover damages they have caused in an accident. U/UI coverage will step in to fill the gaps in the event that you are involved in a collision with one of these people.

  5. If you need Commercial Auto Insurance in Maine for ridesharing, going to and from worksites, transporting clients, or using your auto for business purposes, NYX Insurance today for a consultation.

Image by KAZEM HUSSEIN

Businesses that purchase commercial auto insurance often:

  • Have a vehicle titled to their business

  • Drive to and from worksites

  • Carry tools, equipment, or products used for work

  • Transport clients or employees

  • Rely on delivery drivers or couriers

Maine Commercial Auto