Understanding Progressive Commercial Auto Insurance

Progressive commercial auto insurance is designed to protect businesses that use vehicles for commercial purposes. This can include everything from delivery vans to service trucks. While the standard policy typically covers the essentials, such as liability and physical damage, there are several additional coverages you can add to enhance your protection.

Additional Coverages to Consider

When customizing your progressive commercial auto insurance policy, consider the following additional coverages:

• Uninsured/Underinsured Motorist Coverage: This coverage protects your business if one of your vehicles is involved in an accident with a driver who has insufficient or no insurance.
• Medical Payments Coverage: This helps cover medical expenses for you and your passengers in the event of an accident, regardless of who is at fault.
• Comprehensive Coverage: This protection covers damage to your vehicle not caused by an accident, such as theft, vandalism, or natural disasters.
• Collision Coverage: This covers the cost of repair or replacement of your vehicle in the event of a collision with another vehicle or object.
• Hired and Non-Owned Auto Coverage: This extends coverage to vehicles that are rented or borrowed for commercial use, protecting your business in case of accidents while using these vehicles.

Why Add These Coverages?

Adding these coverages to your progressive commercial auto insurance policy can provide peace of mind by ensuring that your business is protected against a variety of risks. For instance, if an uninsured motorist causes an accident, having uninsured motorist coverage can save your business from significant out-of-pocket expenses.

Furthermore, comprehensive and collision coverage can mitigate financial losses due to vehicle damage, helping you keep your operations running smoothly without the financial strain of repairs.

How to Customize Your Policy

To customize your progressive commercial auto insurance policy, start by assessing your business needs. Consider factors such as the type of vehicles you own and how often they are used for business purposes. Reach out to your Progressive agent to discuss which additional coverages would best suit your needs and budget.

You can also take advantage of available discounts. Progressive often offers discounts for bundling coverages or having multiple policies, which can help reduce your overall premium while maximizing your coverage.

Conclusion

Choosing the right additional coverages for your progressive commercial auto insurance policy is crucial for protecting your business. By understanding the various options available, you can tailor your policy to fit your specific needs, ensuring that you are covered in various situations.

If you have any questions or need assistance, don’t hesitate to contact your Progressive insurance representative. They can provide valuable insights and help you select the best coverage options for your commercial vehicles.