Commercial Auto Insurance in Huntington Beach CA, Long Beach CA & Los Angeles CA

Peace of Mind for Businesses On the Road.

California companies using vehicles to conduct business must maintain certain minimum limits of liability insurance coverage. California’s minimum limits may change, so it’s crucial to work closely with your agent to determine the appropriate amount of business auto insurance coverage for your situation.

Contact INM Insurance Services in Huntington Beach, California, for personalized commercial auto insurance policy quotes.

How Much Does Commercial Auto Insurance Cost?

Commercial auto insurance premiums vary based on factors such as the type and number of vehicles in the fleet, how the vehicles are used, the driving records of all listed drivers, and the coverage limits selected. A single passenger vehicle used occasionally for business purposes will generally cost less to insure than a fleet of heavy trucks operated daily across long distances. INM Insurance Services, Inc. can help business owners assess their specific fleet and usage to determine appropriate coverage at a competitive price.

How Much Commercial Auto Insurance Do I Need?

The amount of commercial auto insurance a business needs depends on state minimums, the nature of the business, and the level of financial risk the owner is willing to assume. Businesses that rely heavily on vehicles for daily operations or that transport goods or passengers typically benefit from carrying limits well above the state minimum. Lenders or contract requirements may also dictate minimum coverage levels, so it is important to review all obligations before selecting a policy.

What Is the Best Insurance for Commercial Vehicles?

The best commercial vehicle insurance accurately reflects the specific risks of the business and provides adequate coverage without significant gaps. Key considerations include liability limits, physical damage coverage for the vehicles themselves, and whether the policy extends to hired or non-owned vehicles used in the course of business. INM Insurance Services, Inc. can work with business owners to identify the coverages that best match their operations and ensure their vehicles and drivers are appropriately covered.

What Commercial Auto Insurance Is Required In California? 

California requires all companies using vehicles to have the following commercial auto insurance coverage:

• Bodily injury liability insurance may help pay for third-party accident-related injuries up to the policy’s limits.
• Property injury liability insurance may help cover third-party accident-related property damage claims up to the policy’s limits.

Your agent may recommend that you purchase more than the minimum required amount of liability coverage for extra financial protection.

If your company finances or leases vehicles, your lienholder also has insurance requirements, which may include the following:

• Comprehensive insurance may help cover non-collision-related damages, including fire, vandalism, weather damage or theft.
• Collision insurance may help pay for damages to the covered vehicle after colliding with another vehicle or object.
• GAP insurance may help pay off your vehicle if it is a total loss after a covered accident or incident.

If your company uses certain heavy-duty vehicles like semis or tractor trailers, you may also be subject to the Federal Motor Carrier Administration (FMCSA) regulations. These include a mandate to maintain minimum amounts of public liability insurance coverage.

What Optional Commercial Auto Coverages Are Available In California? 

Your agent may also recommend adding the following optional coverages:

• Uninsured/Underinsured motorist insurance may help cover damage to your company vehicle if you are in an accident with a driver that doesn’t have appropriate insurance coverage.
• Medical payments may help pay accident-related medical bills if a company vehicle driver or passenger is injured in an accident.
• Hired and non-owned auto insurance (HNOA) may provide coverage for leased, personal and rented vehicles used by your company.
• Umbrella insurance may help cover property damage and bodily injuries when a liability claim exceeds the limits of your company’s auto or other liability policies.

How to Get California Commercial Auto Insurance 

Contact INM Insurance Services to start building your tailored commercial auto plan. Our agents can help you evaluate your options and get a great rate on your company’s commercial auto policy.