Georgia is one of the best places to live in the South thanks to its vibrant cities and quaint towns, gorgeous scenery connecting mountain vistas with white-sand beaches, and a temperate climate with all four seasons.
You may discover top-notch entertainment, competitive and recreational sports, and restaurants serving food from throughout the globe all over the state. Come explore and delight in Georgian life.
1.1 million small companies in Georgia require commercial auto insurance to be protected from accidents caused by the usage of company vehicles. Due to their greater risk exposure than personal automobiles, corporate vehicles are frequently not covered by personal auto policies.
Nationwide, we have the trust of over 750,000 small company owners to safeguard their livelihoods and work cars. Regardless of whether they operate a single freight van in Macon or a fleet of food trucks in Atlanta, each receives specialized coverage to meet their particular needs.
A minimum liability limit of $25,000 per person, $50,000 per accident for physical injury, and $25,000 for property damage (i.e., 25/50/25) is required by Georgia state law for all commercial auto plans. Based on the kinds of vehicles they cover, some plans are required to have greater limits.
In addition to the restrictions mandated by Georgia state law, it's crucial to choose those that are optimal for your company. If you don't have enough insurance, you can end up with expensive debts that are challenging to pay off on your own.
Whether used for personal or professional purposes, all cars in the state of Georgia must have a minimum level of auto liability insurance coverage. The insurance requirements in Georgia are:
Knowing the different types of auto insurance and their coverages is important in getting the right policy for you if you want to cover your bases and get your commercial vehicles insured. Here are some of the most common types of car insurance, how they work, and what they cover:
Legal fees and other costs are covered by commercial auto insurance if a company vehicle is involved in an accident. In Georgia, it is necessary for all commercial vehicles.
However, people in Georgia continue to suffer injuries at work while not having adequate insurance from their employers without proper business insurance or commercial car insurance coverage.
Here are recent figures on vehicle accidents and commercial auto insurance in Georgia:
Here are some questions people ask about commercial auto insurance in Georgia:
A minimum liability limit of $25,000 per person, $50,000 per accident for physical injury, and $25,000 for property damage (i.e., 25/50/25) is required by Georgia state law for all commercial auto plans.
Six limits are specified in a standard business insurance policy's declaration. These are the general aggregate limit, the products-completed operations aggregate limit, the personal and advertising injury limit, the limit for causing damage to real estate that has been rented to you, and the limit of the medical cost.
Yes, individuals can have coverage under two different health insurance plans. When two health insurance plan providers work together to pay the claims of one person, it's called coordination of benefits.
Reliable commercial or business auto insurance remains competitive in small and large enterprises. However, finding the right commercial auto policy can make a big difference in your business's future.
To learn more about commercial auto insurance policies for your business in Georgia, read through our blogs at Assured Standard and grasp what smart long-term business solutions could look like.