Commercial auto insurance is a type of insurance policy that helps cover vehicles used for business purposes such as cars, trucks, and vans. Commercial auto insurance covers vehicle damage and driver injuries.
Commercial auto policies tend to have higher coverage limits than personal policies, because business vehicles need more protection in case of accidents.
Commercial auto insurance covers business vehicles for things like:
• Damage to your vehicle(s)
• Driver injury
• Injury to someone else
• Damage to someone else's property
Vehicles covered by commercial auto insurance generally include:
• Cars
• Vans
• Pickup trucks
• Box trucks
• Service utility trucks
• Food trucks
In North Dakota, commercial auto insurance is required for vehicles used for business purposes, such as cars, trucks, and vans. This type of insurance provides coverage for vehicle damage, driver injuries, injuries to others, and damage to someone else's property. The state mandates certain minimum liability coverage limits that must be met, which are typically higher than those for personal auto insurance due to the increased risks associated with business use. Coverage can extend to various types of vehicles, including cars, vans, pickup trucks, box trucks, service utility trucks, and food trucks. Business owners must ensure that their commercial vehicles are adequately insured to protect against potential financial losses from accidents or other covered events. It's important for businesses operating in North Dakota to consult with an attorney or insurance agent to understand the specific requirements and ensure compliance with state regulations.