Commercial Auto Insurance in Miami, Florida
Commercial auto insurance is crucial for organizations that depend on vehicles for everyday operations. This type of insurance, tailored specifically for cars and drivers who serve a business purpose, protects your company from financial losses due to accidents, theft, or other covered events. While it shares similarities with personal auto insurance, a commercial auto policy includes unique coverage provisions to safeguard the company’s investment in its vehicles. 
Who Needs Commercial Auto Insurance?
In Florida, companies that own, rent, or lease vehicles for business are mandated to carry commercial auto insurance. When it comes to commercial auto insurance, investing in higher levels of coverage isn’t just about meeting requirements—it’s about choosing financial security in serious and costly vehicle-related issues.
What Does Commercial Auto Insurance Cover?
A standard commercial auto insurance policy typically includes the following:
- Liability coverage may cover costs if you are deemed responsible for someone else’s injuries or property damage when an accident occurs.
- Collision insurance may help pay for expenses if an accident damages the vehicle.
- Comprehensive insurance may cover damages caused by non-accident events, such as weather damage, fires, theft or vandalism.
- Medical payments and personal injury protection (PIP) may help pay medical expenses if you’re injured in an accident. In Florida, PIP is required and also typically covers lost wages and certain other expenses, regardless of who was at fault.
- Uninsured/Underinsured motorist insurance may offer financial support if you get involved in an accident with someone else who doesn’t have any or insufficient liability coverage.
- Hired/Non-owned auto liability insurance may insure vehicles not owned by the company but used for business purposes, such as an employee’s personal car.
How to Get Commercial Auto Insurance
At Las Margaritas Insurance Corp, our dedicated agents are committed to providing you with a commercial auto insurance policy that perfectly fits your unique needs. Contact us today to learn more.