Maryland Commercial Auto Insurance

Maryland Commercial Auto Insurance

If you use your vehicle for business purposes or you have a business that owns or leases vehicles for company use, you may need commercial auto insurance. In Maryland, there are several carriers that provide commercial auto liability coverage. As an independent agency, Balderson Insurance works with the top carriers to find business owners and independent contractors the right coverage to fit their specific requirements. Call us today at (301) 874-0772 to discuss your Maryland commercial auto insurance needs.

A commercial auto insurance policy is similar to personal auto insurance however it cover vehicles used in business activity. For example, if you have a business vehicle or fleet of vehicles that are used regularly, your business may be liable for property damage and injuries resulting from an accident involving one of these vehicles.

Commercial Auto Insurance Coverages in Maryland

A typical commercial auto policy will include most (or all) of the following coverages:

  • Property Damage Liability: Provides coverage for damage to the personal property of other parties caused by your commercial vehicle.
  • Personal Injury Liability: Provides coverage for bodily and other personal injuries for which your covered vehicle is legally responsible.
  • Personal Injury Protection (PIP): Covers medical expenses, hospitalization, rehab, and lost wages/services that result from an injury to you or a member of your family. In the event of a death to an insured or family member, death/survivor benefits are also provided.
  • Medical Expenses: Reasonable/necessary medical costs for other parties that are injured while inside your vehicle or getting in or out of it.
  • Uninsured/Underinsured Motorist: Provides coverage for accidents where another party is at fault and is either uninsured or is not carrying enough liability coverage to compensate for your injuries.
  • Collision: Covers damage to your vehicle resulting from a collision with a car or another object.
  • Comprehensive: Covers damage to your vehicle from incidents other than collision; such as vandalism, fires, explosions, hailstorms, fallen trees, etc.
  • Additional Expenses: Covers the cost of car rentals, food, hotels and other expenses resulting from a covered loss under the comprehensive or collision sections of your policy.
  • Hired Auto Physical Damage/Liability: Provides coverage for vehicles that are loaned, hired or leased by the business on a short-term basis.
  • Employers Non-Ownership Liability: Provides coverage for commercially used vehicles not belonging to the business (such as an employee-owned vehicle) or business-owned vehicles that are used infrequently.

Call us today at (301) 874-0772 to discuss your Maryland commercial auto insurance needs.

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