There are basically six different types or components of commercial auto insurance coverages. Some may be required by law depending on the regulations of the state where the vehicle is registered. Some of the coverages are optional and some are optional, but when it comes to protecting your business these coverages should be considered essential.

Basic commercial auto insurance coverages:

1. Bodily injury liability, for injuries the policyholder causes to someone else.
2. Medical payments or Personal Injury Protection (PIP) for treatment of injuries to the driver and passengers of the policyholder’s car.
3. Property damage liability, for damage the policyholder causes to someone else’s property.
4. Collision, for damage to the policyholder’s car from a collision.
5. Comprehensive, for damage to the policyholder’s car not involving a collision with another car (including damage from fire, explosions, earthquakes, floods, and riots), and theft.
6. Uninsured motorists coverage, for costs resulting from an accident involving a hit-and-run driver or a driver who does not have insurance.