Commercial Auto

WHAT IS COMMERCIAL AUTO INSURANCE?

Commercial Auto Insurance is a way for you to transfer the risk and costs associated with auto accidents and even theft. With the proper insurance, you can protect your financial investment in your vehicles and in your business by transferring liability to an insurance carrier who will not only defend you in court, but pay claims up to your insurance limit on your behalf if you are sued over an accident. In addition, if you are in an accident caused by someone else who either has no auto insurance, underinsured, or even flees the scene, then you could be reimbursed for the damage to your vehicle.

COMMERCIAL AUTO INSURES AGAINST:

  • First-Party
    • Insurance that reimburses the owner or occupant for damage or loss of use to your vehicle.
    • Could reimburse you for the theft of a vehicle.
  • Third-Party
    • Insures against the property damage or bodily injury of others caused by an accident.
  • Helps Maintain Financial Requirements By Law
    • Insurance provides limits that help you meet the financial requirements of the state to operate a vehicle.
  • Medical Payments of Occupants
    • Could provide medical reimbursement to occupants of a covered vehicle for an accident.

“Sometimes it can be the weather, human error, or a combination of both, but either way, with the proper insurance, you can protect against uncontrolled depreciation of your assets”.

COMMONLY ASKED QUESTIONS ABOUT COMMERCIAL AUTO:

  • Do I need a Commercial Auto Policy if I use a personal vehicle for work?
    • In most cases, a Personal Auto Policy (PAP) excludes coverage for a personally owned van or truck is used for a personally owned business. If you happen to use your van or truck for a business you own, you may not have coverage under your (PAP) and should purchase Commercial Auto Insurance.
  • If my vehicle is paid off, do I still need insurance?
    • Yes, to meet the compulsory financial responsibility laws of Texas, you need to have certain limits of third-party liability insurance. Still, you are not required to purchase first-party physical damage coverage.
  • If I am at fault in a car accident, will insurance pay for the damage to my vehicle?
    • Yes, but only if you have purchased first-party physical damage coverage, which could reimburse you for the damage of your vehicle even if you are at fault for causing a car wreck.

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Payroll Admin

Still doing your own payroll? Tasks involved with Payroll and Employee Administration are purely transactional events.

Human Resources

At eESI, our business is all about assisting with the management of any organization’s most valuable resource: people.

Employee Benefits

A benefit package can be a major incentive to lure the best new talent to your workforce and keep your current employees happy.

Risk Management

Risk is a basic part of business. As a co-employer we work to eliminate, mitigate or share your associated legal liabilities.

HCM Technology

eESI continuously utilizes the latest in technological advances through online and mobile solutions to make your life easier.

Payroll Admin

Still doing your own payroll? Tasks involved with Payroll and Employee Administration are purely transactional events.

Human Resources

At ESI, our business is all about assisting with the management of any organization’s most valuable resource: people.

Employee Benefits

A benefit package can be a major incentive to lure the best new talent to your workforce and keep your current employees happy.

Risk Management

Risk is a basic part of business. As a co-employer we work to eliminate, mitigate or share your associated legal liabilities.

HCM Technology

ESI continuously utilizes the latest in technological advances through online and mobile solutions to make your life easier.