Commercial Auto Insurance in Wood Dale, IL

Having the right commercial auto insurance is essential to protect your vehicles and financial stability. Your agent can help evaluate your options and tailor commercial auto insurance coverage to meet your company’s needs.

Is Commercial Auto Coverage Required?

Illinois companies using vehicles to conduct business must maintain insurance coverage to meet the state’s minimum requirements.

Auto liability coverage can help pay for your company’s legal liability in an at-fault accident. This coverage may help with third-party accident-related damage you’re responsible for, up to the policy’s limits. You can choose to purchase more coverage than the state’s minimum requirement for extra financial protection.

If your company uses heavy machinery or semis, you may also be required to meet federal liability insurance requirements.

Coverage For Physical Damage

If you finance vehicles, your company must meet your lienholder’s insurance requirements, which typically include collision and comprehensive coverage.

Collision coverage can help pay for repairs to your business vehicles if they are damaged in an accident, regardless of who is at fault. This type of coverage is particularly important for businesses with newer or high-value vehicles, as it can cover significant repair costs or even the replacement of a totaled vehicle.

Comprehensive coverage may help cover damage caused by non-collision events, such as theft, vandalism, natural disasters and animal collisions.

Uninsured/underinsured Motorist Coverage

Uninsured/underinsured motorist coverage is crucial for protecting your business if one of your vehicles is involved in an accident with an at-fault driver with no insurance or insufficient coverage.

Hired and Non-owned Auto Coverage

If your business rents vehicles or your employees use their personal vehicles for work purposes, hired and non-owned auto coverage can help provide appropriate liability coverage.

Contact Us

Contact Samco Agency to compare commercial auto insurance quotes.