Commercial automobile exposures can be more complex than your personal auto insurance coverage, requiring specialty coverages to be considered based on the individual needs of your business.
Commercial automobile coverage can protect your company from any liability stemming from automobiles used in your business or any damage to the covered automobile. A Business Auto Policy (BAP) has the flexibility to provide coverage for business, personal, non-owned, or hired autos based on the coverage purchased and applied to each scheduled auto. Automobiles can be separately scheduled along with corresponding coverages. Coverage can differ by vehicle. The automobiles are classified by weight (light, medium, heavy, extra
heavy) and by type of use (private passenger, service, commercial).
Unlike personal auto policies that separate bodily injury and property damage limits (split limits), BAPs commonly utilize a Combined Single Limit (CSL) for the limit of insurance. This creates higher limits for the both coverages, including per occurrence limits.
