Commercial Auto Insurance
Commercial Auto Insurance Information
Commercial Auto Insurance in Tennessee
As a full-service, independent insurance agency, Tennessee Auto Insurance Agency strives to offer only the best in personalized insurance services to all Tennessee residents. If you’re a resident of Murfreesboro or the surrounding region, then we’re here to make your search for quality benefits simple, efficient and affordable.
All commercial vehicle owners in Tennessee require commercial auto insurance. It’s critical assistance that will help you protect company vehicles, employee drivers and cargo in transit against any roadway hazards or unexpected vehicle accidents. Don’t try to get behind the wheel without it.
Call us at or request your free commercial auto insurance quote now!
Common Commercial Auto Insurance Questions
Why do I need commercial auto insurance?
When you buy a vehicle (or fleet of them) for your company, or even allow an employee to operate their own vehicle on your behalf, then your business could be one of the parties to suffer should something happen to one of those drivers or vehicles. Commercial auto insurance is designed to provide you with financial assistance throughout the recovery process, and as a result your company won’t face financial setbacks just because an accident occurred.
Who needs commercial auto insurance?
Commercial auto insurance is designed specifically for vehicles and drivers operating on behalf of a business. Though very similar to personal auto insurance, a commercial auto policy will contain specializes coverage terms that are designed to protect the company’s investment in the vehicles.
Various vehicles and drivers might need to be covered a commercial auto policy. These include:
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Vehicles owned by a business
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Employees who drive their personal cars on business-related errands
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Company cars provided to employees for commercial and private use
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Vehicles hired or rented by the business
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Certain personal vehicles that qualify as commercial due to their weights or sizes
What does commercial auto insurance cover?
The average commercial auto policy can offer numerous benefits, each of which can apply to different loss scenarios involving your vehicles or drivers. These include:
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Hired/Non-Owned Auto Liability Insurance: This liability coverage extends to vehicles not owned by the business but used by them for business purposes. These might include employees’ personal cars or vehicles that you rent or hire to use temporarily.
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Collision Insurance: This covers damage to your own vehicle that you sustained in a wreck.
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Comprehensive Insurance: This coverage pays for damage from non-accident mishaps, such as weather damage, fires, theft, vandalism or similar accidents.
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Medical Payments/Personal Injury Protection: If you get hurt in an accident, this coverage can pay for your medical bills. Sometimes, it will cover other losses, such as lost income.
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Uninsured/Underinsured Motorist Insurance: This insures you against damage caused by someone else who doesn’t have appropriate liability coverage. If you are the victim of a hit-and-run, for example, then this coverage can pay for your car’s damage.
Additionally, other policies and endorsements might help you expand your benefits, such as:
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Inland Marine Insurance
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Roadside Assistance
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Rental Car Reimbursement
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Custom Parts Coverage
Is commercial auto insurance required?
Because your business’s uses of vehicles are unique, you must customize your commercial auto plan in order to make it work specifically for you.
Tennessee's Financial Responsibility Law requires you to be financially responsible in the event of an automobile accident. Unless you qualify for an exemption, the easiest way to meet your financial responsibility requirement under state law is to get covered by an auto liability insurance policy.
Starting in 2017, uninsured drivers in Tennessee will pay fines and risk losing their vehicle registration if they are unable to demonstrate proof of financial responsibility. A web-based program will verify insurance for all Tennessee drivers. These changes come as part of the James Lee Atwood Jr. Law.
The required minimum limits of your liability car insurance are:
$25,000 for each injury or death per accident.
$50,000 for total injuries or deaths per accident.
$15,000 for property damage per accident.
Regardless of any coverage requirements, the benefits you will receive by investing in higher levels of coverage (even when it is optional) will ensure you have a high degree of protection available in the event of any particularly challenging vehicle mishap.
How much does commercial auto insurance cost?
Numerous factors can influence the costs of commercial auto insurance, including the types and amounts of coverage you buy, the location of your business and the value of the vehicles to be insured.
Our agents are committed to working with you to optimize benefits in ways that will still keep them affordable, even as you build upon your coverage to ensure you receive the highest level of protection.
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