Commercial Vehicle Insurance
What is Commercial Vehicle Insurance?
Commercial vehicle insurance is a type of insurance policy designed to protect vehicles used for business purposes. This includes trucks, vans, buses, taxis, and other vehicles that transport goods or passengers as part of commercial activities.
The insurance covers financial losses related to accidents, damage, theft, or third-party liabilities involving the commercial vehicle. It helps businesses manage the risks associated with operating vehicles on the road, ensuring that they can handle repair costs, medical expenses, or legal claims arising from vehicle-related incidents.
Commercial vehicle insurance is essential for businesses that rely on transportation, providing security and compliance with legal requirements.