Commercial Auto Insurance

How Much Commercial Auto Insurance Do I Need?

The right coverage for your business depends on your specific vehicles and how you use them. Whether you need commercial food truck insurance for a single mobile kitchen, commercial pickup truck insurance for a contracting crew, or commercial truck and trailer insurance for hauling, an OKFB agent will analyze two key areas:

• Your Liability Limits: This protects your entire business from a lawsuit. We’ll look at your company’s assets and risks to recommend a limit that’s high enough to shield you from a major claim.
• Your Vehicle Value (Physical Damage): This covers the cost to repair or replace your fleet. We’ll help you ensure the value is set correctly, especially if you need custom truck insurance to cover expensive, permanently attached equipment or modifications.

Our goal is to create Commercial Auto Insurance Policies that let you operate every day with confidence.

Commercial Vehicle Insurance Coverage Options & Features

Commercial Auto Liability Insurance

When your work vehicle is at fault in an accident, this coverage is what pays for the other party’s injuries and property damage. It is designed to absorb the financial impact of a lawsuit, from legal defense fees to settlement costs, so your business can continue to operate.

Medical Payments Coverage

This covers immediate medical expenses for your driver and any passengers if they are injured in one of your work vehicles. Crucially, it pays out regardless of who was at fault, ensuring your employees can get the care they need without delay.

Uninsured/Underinsured Motorist Coverage (UM/UIM)

This protects your business when the other driver is at fault but has little or no insurance. It covers medical bills for your injured driver and, crucially, pays to repair or replace your own damaged work vehicle, so a single accident doesn’t stall your operations.

 Comprehensive Coverage (Physical Damage)

Protects your work vehicles from non-collision events. This covers the cost to repair or replace your trucks or vans due to (but not limited to):

• Theft of the entire vehicle or its parts (like catalytic converters)
• Vandalism at a job site
• Fire
• Hail or storm damage

Collision Coverage (Physical Damage)

Covers the cost to repair or replace your own work vehicles when they are damaged in a collision with another vehicle or object.

Towing & Labor Coverage

Covers the cost of towing for your disabled work vehicle and associated labor costs at the site of the breakdown, helping to get your asset to a repair shop quickly and efficiently.

Rental Reimbursement (Business Continuity)

This is essential for keeping your business running. If a covered loss puts your primary work vehicle in the shop, this coverage helps pay for a temporary (limited) rental. This allows you to continue serving customers, complete jobs, and minimize lost income while your vehicle is being repaired or replaced.