#1 Choice for Commercial Auto Insurance in Raleigh, North Carolina

Competitive Rates and Reliable Customer Service from Barber Insurance

Lineup of commercial trucks with insurance

Know the Risks and How to Protect Yourself

Everything You Need to Know about Business Auto Insurance

Commercial auto insurance, also known as business auto insurance, protects company vehicles throughout everyday business operations, such as delivering equipment, driving with clients, and making service calls. Auto insurance policies in Raleigh, North Carolina, have been designed to cover damages caused by collisions and liability claims related to property damage or bodily injuries involving a covered vehicle and as a direct result of a peril covered under the policy.

Commercial auto policies can be a significant financial asset if a covered vehicle causes damage to an individual or property. However, they often include added benefits mentioned less often. For example, in Raleigh, North Carolina, commercial auto insurance may have:

  • Roadside assistance.
  • Rental car reimbursement related to a covered claim.
  • Medical coverage resulting from an accident.

Furthermore, most policies include additional coverage for uninsured or underinsured drivers who are at fault but do not have enough coverage for the damages.

At Barber Insurance, we understand the importance of business auto insurance in everyday operations. As a result, we offer individually tailored insurance policies that will suit your needs and budget. Our experienced and helpful agents are always available to answer your questions on commercial auto insurance and help you find the best policy to fit your business needs. Contact us to set up your free consultation and start your auto insurance journey today.

How Commercial Auto Insurance Differs from Other Automobile Policies

Protecting Your Business with the Right North Carolina Auto Policy

For some types of businesses, the lines can blur between what kind of insurance policy you need for your company vehicles. This is especially true for small businesses and self-employed individuals. Below we will compare commercial auto insurance policies with personal and non-owned auto insurance policies to better understand how they differ.

Business auto insurance covers vehicles used in the everyday operation of a business. More often than not, that line is hazy for small businesses. It is common for them to use their individual automobiles to travel between job sites, make deliveries, and transport equipment. You must be aware that personal auto insurance policies often deny coverage for any accident occurring while the vehicle is being used for business purposes. It is also important to note that commercial policies typically have higher limits for coverage, liability, and medical payouts in the event of an accident– not to mention coverage for uninsured drivers.

For more questions about whether you need a personal or commercial auto insurance policy in Raleigh, North Carolina, it is best to consult a Barber Insurance agent.

Hired and non-owned auto insurance policies protect vehicles used for business purposes but not owned by the company. This type of insurance protects a company from liability if an employee or contractor is harmed or causes damage while using their own vehicle for work reasons. Non-owned auto insurance, like commercial auto, covers property damage and bodily injury liability in the event of an accident. This policy is useful and necessary coverage if your employees use their personal vehicles to carry out company tasks.

Understanding the intricacies of auto insurance policies for your business needs in Raleigh, NC, is a lot to take on. That is why at Barber Insurance, we make it easy. Call us today for your free quote and to set up a consultation with one of our expert insurance agents.

Company van with insurance

Trusted Business Auto Insurance: What Is and Is Not Covered

Reliable Coverage from Barber Insurance Agency in Raleigh, NC

Business auto insurance policies in Raleigh, North Carolina, cover a wide range of areas pertaining to vehicle use for business operations. Commercial vehicle coverage will likely cover liability or physical damage resulting from an accident and other losses from fire, vandalism, or theft. Business auto insurance often offers a variety of coverage lines. Depending on what type of policy you purchase, one or several of the following coverages may be offered:

  • Bodily Injury Liability will cover you if an accident covered by your policy occurs that causes serious injury or death. In most cases, even if you are at fault, it will also cover defense fees.

  • Property Damage Coverage provides liability protection if a vehicle you own causes damage to someone else’s property and may provide you with legal services.

  • Medical Payments, or No-Fault Bodily Injury Coverage, pays for the medical attention of drivers and passengers of the vehicle if an accident occurs that is covered by your policy, regardless of fault.

  • Uninsured Motorist Coverage pays for injuries resulting from uninsured drivers or hit-and-run accidents. This policy also covers at-fault underinsured drivers.

  • Comprehensive Physical Damage Coverage pays the bill for covered perils that cause damage to your vehicles, such as flood, fire, vandalism, theft, and other named perils.

  • Collision Coverage applies to damage resulting from hitting or being hit by another object.

You should be aware that tools and equipment are often not included under this policy and will require a business owner’s or general liability policy to cover these items if lost or damaged. Additionally, for an insurance company to approve an insurance claim under a commercial auto insurance policy, the vehicle must have been operated by an individual insured by the company.

This list of coverage and exclusions is not comprehensive as it varies from policy to policy, so it is crucial that you speak with a qualified agent to get a well-rounded idea of what kind of coverage your business needs. Setting up a consultation with a Barber Insurance agent is easy. Call us today and find out how nice it is to have an insurance company you can trust.

Vehicles in heavy traffic

Commercial Auto Insurance FAQ

Making the Best Decision for Your Company

For a vehicle to have coverage under your business auto insurance policy, it must be owned by the company and used for business purposes. This insurance policy in Raleigh, NC, protects a business vehicle when it is involved in an accident or suffers damage due to theft or vandalism. Therefore, the most common commercial vehicles we insure include box trucks, food trucks, work vans, and service utility vehicles. While insurance of this nature commonly protects that type of vehicle, it is still possible for commercial auto insurance policies to cover automobiles and small cars. It always depends on whether the vehicle is viewed as an asset to the company.

Anyone who uses company-owned vehicles to perform work-related tasks will need business auto insurance. This may include but is not limited to driving between work locations, visiting current or potential clients, or conducting business deliveries. Auto insurance is essential for companies that spend any time driving for work-related tasks. You cannot account for other drivers even if your employees are careful. This type of insurance policy is potentially life-saving for the company, especially in a severe accident. Furthermore, this policy is not just for large businesses but is just as crucial for self-employed individuals whose personal auto policies may not cover business-related accidents. 

Many factors go into determining the price of commercial auto insurance. Determinants may include:

  • Type of Vehicle
  • Number of Vehicles
  • Frequency of Use
  • Employee Driving Record

Beyond these four factors, your premium may also depend on your industry, the type of coverage you need, and policy limits. Additionally, on average, commercial vehicles are more expensive to insure because they often have a higher value, need more specialized coverage, and have more exhaustive use.

Estimating the price of your monthly auto insurance payment is next to impossible without discussing the specifics of your needs with a qualified agent.

Commercial Auto Insurance in Raleigh, NC, the Barber Insurance Way

The Reliability You Need for Your Business at a Price You Can Afford

At Barber Insurance, we prioritize providing comprehensive and reliable coverage that you can trust. We have earned a reputation for experience, knowledge, and helpful service among Raleigh, North Carolina residents. We make it our goal to provide not only practical and dependable insurance services but also friendly agents with a passion for helping businesses answer hard-hitting insurance questions.

We understand that insurance agreements will never be a one size fits all service which is why we work tirelessly to hear your concerns, identify your pain points, and satisfy your budget. Stop using insurance providers who do not understand or will not listen to your business’s needs. Call Barber Insurance today and discover what it is like to work with an insurance company that cares.