Commercial Auto Insurance in Oak Lawn, IL 

A commercial auto insurance policy may help business owners reduce the financial burden of unforeseen risks affecting company-owned vehicles. If you’re looking for a new policy or curious if you have sufficient coverage, Buschbach Insurance Agency, Inc. is here to help.

What Does a Policy Cover?

A standard commercial auto policy may insure company-owned cars, vans or trucks from damages and lawsuits stemming from various covered incidents. A standard policy may be beneficial in these situations:

• Your vehicle is damaged by theft, vandalism, certain weather events or fire.
• Your company car accidentally hits a pedestrian or crashes into somebody’s home.
• An employee damages a delivery van after hitting a pole.
• An employee gets hit by a driver with insufficient coverage.

Why Is It Important?

Illinois state law mandates that businesses maintain minimum levels of liability coverage for vehicles used for work. Without it, your company could face fines or other penalties.

Regardless of compliance, carrying this type of coverage is highly recommended to protect your business from unexpected financial losses due to covered perils.

Who Benefits From It?

Commercial auto insurance is generally recommended to businesses that use vehicles as part of their operations. The following types of businesses may be in particular need of coverage:

• Retailers who use vans and trucks to deliver goods

• Food truck owners

• Contractors

• Vehicle-for-hire companies

• Transportation services

• Trucking and warehousing businesses

How Much Does It Cost?

Your insurer may consider several factors when calculating your rate. These may include the following:

• Industry

• Location

• Claims history

• Vehicle types

• Policy specifics (e.g., deductible, coverage limits)

Get Covered Today

Get in touch with Buschbach Insurance Agency, Inc. to learn more about your insurance options or request a quote.