#car commercial insurance
Pennsylvania Commercial Auto Insurance
A commercial vehicle is any type of motor vehicle used to transport goods or paid passengers. Whether you own one vehicle or a fleet, it is essential that you carry the proper Pennsylvania commercial vehicle insurance to protect the assets of your company and to cover you for your potential liability for bodily injury or property damage to others.
Pennsylvania Commercial Vehicle Insurance
Pennsylvania is an optional no-fault insurance state. This means that vehicle owners can choose to carry traditional insurance or they can opt to be reimbursed under Pennsylvania’s no-fault system. If you carry a no-fault policy, you look to your own carrier for reimbursement for bodily injury even if the other party is at fault.
Note that even if you choose to be protected under the no-fault law, you must still carry traditional liability coverage. The no-fault law does not apply in every instance, and it does not protect you when you are driving out of state.
Pennsylvania law requires that a commercial vehicle be registered and carry minimum limits for bodily injury and property damage liability. Just carrying minimum liability limits will leave you far short of the coverage you need to adequately protect yourself or your company.
- Personal Injury Protection: This is the protection for bodily injury if you opt to be covered under the state’s no fault law.
- Bodily injury liability: This covers your legal liability for injury your vehicle may cause to another person.
You should discuss with your agent what the proper liability limits are for you. The additional cost for higher limits is nominal and the prudent thing to do is to carry limits much higher than the minimum. Also, many commercial vehicle owners carry umbrella liability which will add at least a million dollars of coverage over your primary limits.
You can get help with all these issues by contacting an independent agent in the Trusted Choice network.
Types of Commercial Vehicles
The United States Department of Transportation classifies commercial trucks by weight. There are eight classes with class one starting at 6,000 pounds and under and class eight being 33,000 pounds and over.
Commercial vehicles come in many different types:
Beyond that, there is an almost unlimited variety of specialized vehicles:
- Refrigerated units
- Tow trucks
- Trucks designed to carry containerized shipments
- Garbage trucks
- Double trailers
- Trucks with built on equipment such as cranes
It is important that a complete and descriptive inventory of vehicles be given your insurance company so there is no question as to what is being covered. Any vehicle which has been modified or which carries special equipment must have a stated value so that there is no question as to the amount of coverage in case of a loss.
In order to avoid an endless series of endorsements adding and deleting vehicles, large fleets can sometimes be written on a blanket basis. Under this coverage, all owned or leased vehicles are automatically covered and the premium is geared to sales, payroll or some other measurment of activity.