How to Protect Your Business with Commercial Auto Insurance
                     How to protect your 
business with commercial 
auto insurance
 Protecting your business on the road shouldn’t be taken lightly. 
Commercial auto insurance provides additional coverage that may be 
eliminated from your personal auto insurance policy. Businesses choose 
commercial auto insurance because it offers comprehensive protection and 
peace of mind in the event you’re faced with uncovered liabilities from a 
major accident.
 What is commercial auto insurance?
 Protecting your business vehicles is essential, and commercial vehicle 
insurance can provide the coverage you need. From company cars to a range 
of trucks and other corporate transportation, this type of policy offers 
physical damage protection as well as liability coverages that go beyond 
what personal auto policies include.
 How do I know if I need commercial auto insurance?
 Commercial auto insurance serves to protect both the financial interest of the 
business and its employees. If employees drive a company-owned vehicle for 
business operations, it is important to know that personal automobile 
insurance policies do not usually cover vehicles used in business operations. 
Commercial auto insurance is designed to protect businesses against 
liabilities.
 Businesses should consider commercial auto insurance if:
− They are paid to transport goods or people.
‒ They use their vehicle to offer a service.
‒ Their vehicle requires higher limits of liability.
‒ They haul tools or equipment using a trailer.
‒ The vehicle is in the name of the business and driven by employees.
 What is covered by commercial vehicle insurance?
 Commercial auto insurance safeguards your business’ vehicles and the 
people in them by covering liability damages, physical damage and loss due 
to collision, and medical expenses – even if accidents occur with a vehicle 
that is uninsured or underinsured. With a commercial auto policy, you can 
ensure that the business’ vehicles stay safe and covered regardless of if they 
are owned, leased, or hired cars. These policies also offer liability protection 
in the event of any bodily injury or property damages caused by their 
operation.
 Who is covered to drive my commercial vehicle?
 With a commercial auto policy, you can ensure that anyone driving for the 
company – including employees, family members, or other authorized 
individuals – will be covered in case of an unexpected incident on the road. 
Be sure to add any drivers who use vehicles regularly so they are fully 
protected!
 What type of vehicles does a commercial auto insurance policy 
cover?
 Commercial auto insurance is often associated with larger vehicles like box 
trucks, food trucks, work vans, and service utility trucks. However, regular 
vehicles – cars and trucks – may require commercial auto insurance when 
they are used for business purposes.
 Is commercial auto insurance tax deductible?
 Those who use their vehicle for business purposes may be able to capitalize 
on tax deductions with commercial auto insurance. Self-employed individuals 
can often deduct premiums from Schedule C, while employees may take 
advantage of Form 2106. For more details on claiming a deduction, it is 
recommended that you consult the IRS or an experienced accounting 
professional.
 How do I purchase commercial auto insurance?
 The insurance agents at Newman Tucker are qualified advisors who can help 
your business assess if it would benefit from commercial auto insurance.
 They will discuss how your vehicles are used, determine what business 
operations depend on vehicle use, and help you identify the right coverage 
for your business.
 Some of the factors that the agent will discuss with you include your business 
size, number, and types of vehicles, current insurance, driving risk, and the 
cost of the vehicle. These factors will help your agent determine the right 
amount of coverage for your business.
 Request an insurance quote
 At Newman & Tucker Insurance, our mission is to save you time, money, and 
hassle by providing you with the most reputable, trusted, and highly reviewed 
insurance coverage available.
 Using our resources, we compare prices between the nation’s top-rated 
insurance companies, offering you competitive, and affordable insurance 
solutions.
 Give us a call at 859-441-2886 today, and we’ll make sure you have a quick, 
easy, and worthwhile experience.
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