Collision Coverage for Commercial Vehicles protects your business-owned cars, trucks, vans, and fleet vehicles when they’re damaged in an accident whether the collision involves another vehicle or a stationary object. From backing into a pole to multi-vehicle crashes or weather-related road incidents, this coverage pays for repair or replacement costs regardless of fault.
As a key component of Commercial Auto Insurance, Collision Coverage helps businesses control repair expenses and avoid operational disruptions. Without it, accident-related damage could result in significant out-of-pocket costs and extended downtime. For companies that depend on vehicles for deliveries, job sites, sales calls, or transportation, this coverage keeps operations moving after an accident.
When paired with Comprehensive Coverage and Commercial Auto Liability Insurance, Collision Coverage forms a complete protection strategy for business vehicles and fleets.
We streamline damage assessments and repairs to get your vehicles back in service quickly.
From a single company car to multi-vehicle fleets, policies are built around how your vehicles are used.
We help you balance premiums and deductibles to protect your budget without sacrificing coverage.
Our advisors understand business vehicle exposures and provide ongoing guidance to reduce accidents and claims.
The policy applies to commercial trucks, delivery vans, service cars, and company-owned vehicles used for business operations.
Insurers pay the actual cash value (ACV) or replacement cost of the damaged vehicle, minus the deductible specified in your policy.
While not required by law, lenders and leasing companies often require collision coverage to protect their financial interest in the vehicle.
It does not cover non-collision events like theft, vandalism, or weather damage—those are covered under Comprehensive Fleet Insurance.
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