Commercial Auto Insurance for Manufacturers
Vehicle use is an ongoing need for manufacturers with the majority utilizing company-owned commercial vehicles. Some companies also utilize employee-owned vehicles. In all cases, a California commercial auto insurance policy is required to protect your manufacturing company from losses caused by auto accidents. Purchasing auto insurance may sound straightforward and simple but commercial auto insurance is complex and one of the most common areas of coverage gaps for manufacturers. Business owners utilizing their own vehicles for business use, or vehicles paid for by the company but registered to the business owner instigates issues of insurable interest, all of which contribute possible gaps in coverage. As part of our complete manufacturer’s insurance program, Precision Manufacturing Insurance Services (PMIS), offers comprehensive commercial auto insurance that includes specialty policy endorsements specifically relevant to manufacturers.