California Business Auto Insurance: Drive Your Business Forward
If your business uses vehicles, you need business auto insurance in California. Here's what you need to know:
What it covers:
- Liability for accidents (bodily injury, property damage)
- Vehicle damage (collision, comprehensive)
- Medical payments for drivers and passengers
Who needs it?
- Businesses with company-owned vehicles
- Employees who drive at work (even occasionally)
California requirements:
- Minimum liability limits ($30,000/$60,000/$15,000)
- SR-22 filing for high-risk drivers or vehicles
Tips:
- Check if employees have adequate personal auto insurance.
- Consider non-owned auto coverage for employees driving personal vehicles for work.
- Implement Cost-Saving Strategies:
- Safety Programs: Insurance providers often reward businesses that have documented driver safety programs and regular vehicle maintenance schedules.
- Bundle Policies: You can often lower premiums by bundling commercial auto with other coverage, such as a Business Owner's Policy (BOP).