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    Ohio Commercial Auto Insurance

    Ohio Commercial Auto Insurance

    Ohio, home of the Pro Football Hall of Fame and Cedar Point, is a great place for young adults and families to explore. Akron, Cincinnati, and Dublin are among Ohio's best places to live.

    This state is consistently ranked as one of the best for those interested in becoming a business owner or entrepreneur. Moreover, Ohio provides many benefits to residents, including a low cost of living, excellent schools, and ample recreational opportunities.

    Many of Ohio's 965,000 small businesses require commercial auto insurance to protect themselves from accidents and other mishaps involving work vehicles. Vehicles used by employees or a business owner, for business affairs typically require specialized coverages and liability limits that are not typically covered by personal auto policies.

    Whether they own a landscaping service in Cleveland or a construction company in Columbus, each receives customized coverage to meet their specific needs.

    Requirements For Commercial Auto Insurance In Ohio

    Requirements For Commercial Auto Insurance In Ohio

    All commercial auto policies in Ohio must have a liability limit of $25,000 per person, $50,000 per accident for bodily injury, and $25,000 for property damage (i.e., 25/50/25). Some policies must carry higher limits due to the vehicles they insure.

    Limits that are best for your business should be considered in addition to those required by Ohio state law. Unexpected accidents with rising medical expenses can result in costly claims that are difficult to manage without adequate insurance coverage. 

    What Commercial Auto Insurance Covers In Illinois

    Most personal policies will not cover an accident that occurs while doing business. That is why Commercial Auto Insurance is required. It usually includes:

    • Bodily Injury,
    • Property damage
    • Medical payments for uninsured / underinsured
    • Motorist liability insurance
    • Collision and comprehensive coverage for physical damage

    The type of Ohio Commercial Auto Insurance coverage that is best for you is determined by the following:

    • Nature of your business
    • Who or what the vehicle transports
    • How much you drive each day

    Other considerations or regulations may come into play, necessitating additional coverage like:

    • If you have large trucks
    • You may want to consider gap insurance
    • Employees as Insureds, or truck liability

    Other Insurance Types

    Knowing the different types of 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:

    Reliable and comprehensive coverage for commercial auto insurance for business vehicles remains competitive in small and large enterprises. However, finding the right commercial auto policy for your business vehicle with the right insurance company can make a big difference.

    To learn more about commercial auto insurance policies for your business in Ohio, read through our blogs at Assured Standard and grasp what smart long-term business solutions could look like for you.

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    Assured Standard will protect your business with the right insurance, depending on your needs. Now more than ever, it’s crucial to have the right general liability insurance experts on your side. Protecting the future of your business starts today.
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