Definition: The Commercial auto insurance policy refers to a type of auto insurance coverage that covers commercial vehicles, such as trucks, buses, ambulances, and motorcycles. It helps protect your business from legal liabilities caused by accidents or incidents involving commercial vehicles. Commercial auto insurance provides coverage for damage to property due to an accident caused by the commercial vehicle, including bodily injury, property damage, and personal injury. It also includes liability coverage for claims made against you as a result of any injuries sustained while transporting goods or services on your business's behalf. The word "commercial" in this context refers to vehicles that are used for non-commercial purposes, such as transport or delivery. The term "auto insurance" refers to the type of coverages offered by insurance companies to protect drivers from financial losses caused by accidents involving commercial vehicles. In summary, commercial auto insurance covers any liability incurred due to an accident involving a commercial vehicle and provides protection against legal liabilities for property damage and personal injuries sustained while transporting goods or services.
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