The state of California requires that registered vehicles held by a company are insured with Commercial Auto Insurance in Santa Cruz. At any time a person or persons operate a vehicle for business reasons, commercial vehicle insurance is required. Some people are unsure about what constitutes business purposes, so it is always best to consult an insurance agent if unsure.
Some common business-related vehicle uses include the delivery of goods, pickup of goods, delivery of contracts, newspaper delivery, pizza delivery, going to meetings, and picking up clients at the airport. Any vehicle that is used as a taxi, even as a part-time taxi or limousine, must be insured by commercial auto insurance. In some cases, vehicles need to be commercially insured even if they are not necessarily used for business purposes all the time. If a vehicle has snowplowing equipment, cooking equipment, a hydraulic lift, or racing equipment, it may also have to be considered as a commercial vehicle for business purposes.
Because a company vehicle is often used even more frequently than a private one, it needs to be fully insured. The state of California does have minimum requirements that must be met for property damage and for bodily injury. These limits must be met before any commercial vehicle can get on the road in California today. While meeting these minimum insurance requirements is all that is required, many companies choose to buy additional coverage. The state’s minimum insurance requirements will only cover any damage caused to other people or other vehicles.
To make sure that a company vehicle is properly covered, many company owners choose to buy extra coverage that is not required. The types of coverage chosen most often are collision coverage and comprehensive coverage. The collision insurance pays for damage to the company vehicle even if the employee themselves caused that damage. Comprehensive coverage is a good idea for any company that wants to make sure their vehicles are insured against theft and other non-collision damage. When looking for Commercial Auto Insurance in Santa Cruz, consider calling the agents at Coast Auto Insurance. Check out their website at visit us website today.
