Which Commercial Auto Insurance Do You Need?
                     Which Commercial Auto 
Insurance Do You Need?
An Overview
If you are using commercial sequence for business Purposes, then is you 
need to invest in commercial vehicle insurance policies. Vehicles such as 
passenger carrying vehicles, goods carrying vehicles, Vans, tractor, taxis, 
Grains etc. require commercial vehicle insurance. If you want your business 
to like smoothly then you need to invest in a Good Commercial insurance 
policy. Rider insurance is a commercial auto insurance company in Maryland 
that can help you get the right commercial insurance policy for your 
vehicles. 
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Let’s dive into some different types of 
commercial auto insurance that you should 
know:
╺ Third-Party Insurance
╺ Comprehensive Insurance
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Third-Party Insurance
According to the motor vehicles act passed in 1988, every vehicle 
owner should invest in a commercial vehicle insurance policy. Third 
party insurance ensures the vehicle against any legal liabilities that 
can arise due to damage.  The best part is that hundred percent 
compensation is provided to the third party in the event of 
permanent total disability and death. On the other hand, 50% 
compensation is provided in case of loss of site or limb.
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Comprehensive Insurance
Clearly, this type of insurance is completely optional. In fact, it is not 
mandatory by law as well. Investing in a comprehensive insurance 
policy can help you get coverage for damages caused to your 
vehicle, third party or property. 
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Factors that influence the premium of 
commercial vehicle insurance:
The most important factors that affect the premium you pay for 
third party are:
╺ Vehicle’s age
╺ Sub class – GCV/PCV/Tractor etc.
╺ Fuel type
╺ Make and model
╺ Insured declared value
╺ Location of registration
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Thanks!
Contact Us
[email protected] 
+1 (410) 828-1555 
www.riderins.net 
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