Commercial Auto Insurance

Commercial auto insurance is designed to help cover vehicles used for business purposes. Unlike personal auto insurance, which is intended for private use, commercial policies provide coverage tailored to the needs of businesses.

Who Needs Commercial Auto Insurance?

In Tennessee, you should consider commercial auto insurance if any of the following is true:

• Your business owns vehicles used for business activities.

• You or your employees use personal vehicles for business purposes, such as transporting goods or meeting clients.

• You operate a business that involves a fleet of vehicles, such as delivery services or construction companies.

What Are the Legal Requirements in Tennessee?

Tennessee law requires businesses to carry minimum liability coverage for their commercial vehicles. The state’s insurance regulations help ensure that businesses can cover the basic costs associated with an accident, although higher limits are often recommended for better protection.

What Are the Benefits of Commercial Auto Insurance?

Having commercial auto insurance offers several advantages, including the following:

• Financial protection against significant losses due to accidents or vehicle damage

• Peace of mind knowing that your business is compliant with state laws and regulations

• Protection for employees who use their own vehicles for work purposes, reducing potential personal financial risks

What About Coverage for Rented and Leased Commercial Vehicles?

Hired and non-owned auto insurance (HNOA) can provide essential protection for businesses when employees use their personal vehicles or rented vehicles for work purposes.

This type of insurance fills the gap left by traditional commercial auto policies, helping ensure that your business is shielded from financial losses associated with accidents involving vehicles not owned by the company.

Learn More

Contact Bradley Insurance Agency in Knoxville, Tennessee, for a personalized commercial auto insurance quote.