When it comes to business vehicles, what doesn't the insurance cover?
The company's commercial auto insurance policy does not cover vehicles driven on a personal basis or leased from a business. An employee's use of a privately owned or leased car for work-related purposes does not absolve your company of responsibility for any resulting damages.
Vehicles used for business purposes but not owned by the company should be covered by hired and non-owned car insurance. Ensuring workers use their own or leased vehicles for work reasons is a priority, and this policy does that.
Newly acquired automobiles:
Unless your new company car is insured under your business's commercial auto coverage, you'll be on the hook for any accidents or other damages it causes.
You should get a short-term extension of your commercial car coverage, such as liability insurance, to cover any newly acquired company vehicles. Every vehicle used for company purposes, whether rented or owned, might fall under this protection.
Transportation in client cars:
Your commercial car policy will not protect a customer's vehicle while it is in storage or being worked on by your company. A customer's car is their responsibility; therefore, if anything were to happen to it, like a break-in, you would have to pay for the repairs and any other costs that may arise.
Vehicles left in your care, or custody while a client is away would be protected by
garage keepers liability insurance.
Threats to Your Garage Company:
Commercial vehicle insurance policies do not cover the risks of running a garage or auto servicing company, such as a client slipping and falling on motor oil that has spilled onto the floor.
The many dangers of running an auto repair shop are covered by garage liability insurance, a subset of general liability insurance. This covers compensation for injured customers as well as any legal fees incurred as a result of litigation.
