Every part of your business matters a lot to you. From your property to stock, every sector of your enterprise deserves great protection. One component of your business that may not have the adequate coverage you need is your commercial vehicles. In a state like New Jersey, your business’s vehicles can undergo all sorts of incidents. That is why acquiring New Jersey commercial auto insurance is a critical part of your success.
New Jersey law mandates three different types of insurance for all vehicles. These include:
Liability: Liability insurance handles the damages caused by your vehicle when an accident is determined to be your fault.
Uninsured/ Underinsured: This policy can help you when you are involved in an incident with a driver who does not have insurance or who has insurance that does not cover your needs.
Personal Injury: Personal injury protection takes care of the medical expenses of you and your passengers that result from an accident that is not your fault.
In addition to these required policies, your business’s vehicles can benefit from theft and flood coverage. Each of these can really come in handy when you are transporting important stock.
Obtaining New Jersey commercial auto insurance is not just law but also a vital component of future success. Reach out to qualified insurance agents today to help you build the best package for your business.