Commercial Driving And Progressive Auto Insurance

Progressive Commercial offers a range of insurance options for commercial vehicles, including cars, light trucks, SUVs, vans, and heavy trucks like semis and dump trucks. Commercial auto insurance is designed for vehicles used for business purposes, providing liability and physical damage protection. This type of insurance is typically required for vehicles exposed to more risk than personal vehicles, such as those used by contractors, landscapers, delivery companies, transportation services, and food services. Progressive Commercial offers customizable coverage options, competitive rates, and special benefits such as 24/7 policy service and flexible billing.

Commercial auto insurance for contractors

Commercial auto insurance is a necessity for contractors who use vehicles for their business operations. This type of insurance provides liability and physical damage protection for vehicles used for work, such as cars, trucks, and vans. It is important to note that personal auto insurance policies typically do not cover vehicles used for business purposes, so contractors need a separate commercial policy.

Contractors often use their vehicles to transport tools and equipment to job sites, and their work may involve travelling between different sites. As such, their vehicles are exposed to more risk than those used for personal use. Commercial auto insurance provides coverage for accidents, protecting the business from financial and legal repercussions. It covers damages to the business vehicles and any injuries or damages caused by them.

In addition to the standard liability coverage, contractors may want to consider additional types of coverage, such as uninsured/underinsured motorist coverage, medical payments coverage, collision coverage, and comprehensive coverage. Uninsured/underinsured motorist coverage protects against personal injuries and damage caused by a company vehicle if the at-fault driver cannot cover the full cost of damages. Medical payments coverage pays for medical expenses for employees and passengers injured in a company-owned vehicle, regardless of who is at fault. Collision coverage helps pay for repairs or replacement of the company vehicle in the event of an accident, while comprehensive coverage includes non-collision damages like vandalism, theft, or fire.

The cost of commercial auto insurance for contractors can vary depending on several factors, including profession, coverage needs, vehicles, location, and driving history. For example, the national median monthly cost for commercial auto insurance through Progressive ranged from $172 for contractors to $175 for business auto customers in 2022.

It is important for contractors to carefully consider their insurance needs and choose a policy that provides appropriate coverage for their business. By having the right commercial auto insurance, contractors can protect themselves and their businesses from financial risks and legal liabilities.

Commercial auto insurance for delivery companies

Commercial auto insurance is a necessity for delivery companies. This type of insurance provides liability protection for company-owned vehicles, covering any property damage, physical injuries, or related legal expenses incurred by the driver. It also covers medical expenses if a driver is injured in an accident.

The cost of commercial auto insurance varies depending on several factors, including vehicle type, business size, level of risk, employee driving records, policy limits, and deductibles. For example, insuring a fleet of vehicles will be more expensive than insuring a single vehicle.

Businesses that use vehicles for their operations, such as delivery companies, typically require commercial auto insurance. This includes companies that own or lease cars, trucks, or vans to transport goods, equipment, or people. Delivery companies need to protect their drivers, vehicles, and cargo.

Progressive Commercial offers customized coverage for delivery businesses, providing protection for their unique needs. They offer special benefits, including custom policies, competitive rates, discounts, and exceptional claims service.

In addition to commercial auto insurance, delivery companies may also want to consider other types of insurance, such as general liability insurance and workers' compensation insurance, to ensure they are fully protected.

It is important to note that personal auto insurance policies typically do not cover vehicles used for business or delivery purposes. Therefore, it is crucial for delivery companies to obtain the appropriate commercial auto insurance to ensure they are properly covered in the event of an accident or incident.

Commercial auto insurance for food services

Progressive Commercial offers custom policies for businesses that use vehicles for their operations. This includes food services, such as restaurants, food trucks, and caterers.

Commercial auto insurance is a necessity for food trucks and catering vans, as personal auto insurance policies do not cover vehicles used for business purposes. Progressive Commercial provides customizable coverage options, including primary liability, uninsured motorist, and more. They also offer 24/7 policy service, adjustable coverages, and flexible billing and payment options.

The cost of commercial auto insurance for food services varies depending on several factors, such as the type of food business, the equipment used, and the value of the vehicle and attached equipment. The average monthly premium for a food truck is $135, while it is $79 for a caterer.

In addition to commercial auto insurance, food services businesses may also want to consider the following types of insurance:

• Business Owner's Policy (BOP): Combines general liability insurance with commercial property insurance at a lower rate than purchasing both policies separately.
• Workers' Compensation: Covers medical expenses and wages for employees injured or ill while on the job.
• General Liability Insurance: Protects against basic third-party risks, such as customer injury or damage to customer property.
• Liquor Liability Insurance: Covers risks associated with serving alcohol, such as property damage or injuries caused by intoxicated customers.
• Cyber Liability Insurance: Helps businesses recover financially from cyberattacks and data breaches.

Discounts for commercial auto insurance

Progressive Commercial offers a range of insurance options for businesses, including commercial auto insurance. This type of insurance is designed for vehicles used for business purposes, such as cars, trucks, and vans, and provides liability and physical damage protection. Commercial vehicles are typically exposed to more risk than personal vehicles, so they require a separate policy. Progressive Commercial offers customizable coverage options, special benefits, and various discounts to help businesses keep costs down.

• Business Experience Discount: Businesses that have been operating for three or more years can qualify for this discount. This discount is applicable regardless of whether the business has been operating under the same name or just in the same occupation using the vehicle.
• Prior Insurance Savings: This discount is available to businesses that have maintained continuous insurance coverage for at least 12 months. Proof of prior insurance can help lower the cost of a new policy.
• Paid-in-Full Discount: Businesses that pay their complete policy premium upfront instead of making monthly payments can save money with this discount. Paying in full can often result in a significant reduction in the total cost.
• Commercial Driver's License (CDL) Discount: For-hire truck insurance customers who have held a CDL for a minimum of two years are eligible for this discount on their vehicle liability coverage.
• Package Discount: Businesses with an in-force general liability or business owners policy may qualify for this discount when purchasing commercial auto insurance.
• Smart Haul® Program: New truck customers can save money by enrolling in this program and allowing Progressive to access driving data from their electronic logging device (ELD).
• Snapshot ProView®: Customers can automatically save 5% on their commercial auto policy simply by enrolling in this program. It also provides free fleet management tools for businesses with three or more vehicles.

These discounts can help businesses save money on their commercial auto insurance and protect their vehicles and operations without breaking the bank. It's important to note that eligibility for these discounts may vary, and it's always a good idea to contact Progressive Commercial directly to discuss specific circumstances and requirements.

Adding a driver to commercial auto insurance

Adding a driver to a commercial auto insurance policy is a straightforward process, but it's important to understand when and how to do it to maintain appropriate coverage. Progressive, like other major insurance companies, allows you to add a driver to an existing insurance policy.

Firstly, it's essential to know when to add a driver to your commercial auto insurance policy. You should typically include licensed drivers who live in your household or regularly drive your commercial vehicle on your policy. This could include a partner who moves in, teenage children who obtain their driver's licenses, or adult children who return home and use your commercial vehicle. If someone who works for you but lives outside your home starts using your car regularly, it's a good idea to add them to your policy to protect your financial interests. You can always remove them later if their employment ends.

The process of adding a driver to your commercial auto insurance policy is usually simple and can often be done online or through a mobile app. You may need to provide some basic information about the additional driver, such as their marital status, Social Security number, address, and driving history. Once you've gathered this information, contact your insurance company to update your policy.

Adding a driver to your commercial auto insurance policy may result in changes to your premium costs. If you add an inexperienced or high-risk driver, your premiums may increase. On the other hand, adding a more experienced driver with a clean driving record may lower your premium costs.

Frequently asked questions