Commercial vehicle insurance covers damage to your mobile assets – everything from sedans, vans and four wheel drives to goods carriers, caravans, dumpers, forklifts, tractors and loaders. The policy covers damage to your vehicles or the property of third parties. Significant claim examples include huge damage from a truck that derails a train, or a fuel vehicle that overturns, spilling its contents into rivers or soil.
Options to choose from for a Motor Fleet or Commercial Vehicle insurance policy include:
- Comprehensive damage to your vehicle
- Third-party fire and theft
- Third-party property damage cover
Depending on the level of insurance chosen, business operators can choose to insure vehicles on either agreed value or market value.