Commercial Auto Insurance Frisco, TX

For many Frisco businesses, vehicles are essential to daily operations. Contractors travel between construction sites, service businesses send employees to customer locations, and companies use pickups, vans, trucks, and other vehicles to transport equipment and materials throughout North Texas.

Texas Premier Insurance Group helps businesses find Commercial Auto Insurance in Frisco, TX designed around the vehicles they own and how those vehicles are actually used.

As an independent insurance agency, we can compare commercial auto coverage options from multiple insurance companies and help coordinate your auto coverage with the rest of your business insurance program.

What Is Commercial Auto Insurance?

Commercial auto insurance provides coverage for vehicles used for business purposes.

While there are similarities between personal and commercial auto insurance, a personal auto policy may not be appropriate for vehicles primarily being used for business.

A commercial auto policy can be designed to insure vehicles such as:

• Pickup trucks

• Cargo vans

• Service vans

• Work trucks

• Utility vehicles

• Box trucks

• Certain heavy trucks

• Company cars

• Vehicles carrying tools and equipment

• Fleets with multiple vehicles

Coverage and eligibility vary by insurer, vehicle type, business operations, and how the vehicle is used.

Commercial Auto Insurance for Frisco Contractors

Commercial vehicles are particularly important to contractors.

General contractors and specialty trades may have employees driving throughout Frisco and surrounding communities every day. Vehicles may be used to transport workers, tools, equipment, building materials, or supplies between the company's location, suppliers, and multiple jobsites.

Texas Premier Insurance Group can help arrange commercial auto insurance for many types of construction businesses, including:

• General contractors

• Home builders

• Remodeling contractors

• Electricians

• Plumbers

• HVAC contractors

• Roofers

• Concrete contractors

• Excavation and grading contractors

• Landscapers

• Painters

• Flooring contractors

• Carpenters

• Specialty subcontractors

For contractors, commercial auto should be evaluated as part of the company's overall insurance program rather than as a completely separate exposure.

Learn more about our Contractors Insurance in Frisco, TX options.

What Does Commercial Auto Insurance Cover?

A commercial auto policy can include several different types of coverage.

Liability Coverage

Commercial auto liability can provide protection when an insured business or driver is legally responsible for bodily injury or property damage resulting from a covered automobile accident.

Collision Coverage

Collision coverage can help pay for covered damage to an insured vehicle resulting from a collision with another vehicle or object, subject to the policy deductible and terms.

Comprehensive Coverage

Comprehensive coverage can provide protection against certain non-collision losses such as theft, vandalism, hail, falling objects, and other covered events.

Uninsured and Underinsured Motorist Coverage

Uninsured/underinsured motorist coverage can provide protection when an insured vehicle is involved in an accident with a driver who has no insurance or insufficient insurance, subject to the policy terms.

Medical and Other Available Coverages

Depending on the policy and insurer, additional coverage options may be available for exposures associated with your business vehicles.

The appropriate combination of coverages depends on the vehicles, drivers, business operations, and financial risks involved.

Hired and Non-Owned Auto Coverage

Not every business vehicle exposure involves a vehicle titled to the company.

Hired auto coverage can address certain liability exposures involving vehicles the business rents, leases, or hires.

Non-owned auto coverage can address certain liability exposures when employees use vehicles the business doesn't own—such as an employee's personal vehicle—for company business.

For example, an employee might use a personal vehicle to visit a jobsite, pick up supplies, make a delivery, or meet with a customer.

Businesses that don't own a fleet can therefore still have a significant automobile liability exposure.

Commercial Auto Insurance for Frisco's Growing Construction Market

Frisco's continued residential, commercial, and infrastructure development creates opportunities for contractors throughout North Texas.

As a construction business grows, its vehicle exposure often grows with it.

A contractor that started with one pickup might eventually operate several trucks and vans driven by multiple employees. Larger projects can also mean employees are traveling farther, hauling more equipment, and spending more time on the road.

These changes should trigger a review of the company's commercial auto insurance.

Adding vehicles or drivers without evaluating the insurance program can create coverage problems precisely when the business is expanding.

Commercial Auto Insurance for Other Frisco Businesses

Commercial auto insurance isn't limited to contractors.

Texas Premier Insurance Group can help many types of businesses evaluate their automobile exposures, including:

• Service companies

• Landscapers

• Retail businesses

• Property management companies

• Distributors

• Wholesalers

• Manufacturers

• Cleaning companies

• Repair businesses

• Delivery operations

• Professional businesses with company vehicles

If a vehicle is being used regularly for business purposes, it's worth determining whether a commercial auto policy is appropriate.

Personal Auto vs. Commercial Auto Insurance

One common mistake is assuming that a personal auto policy will automatically provide appropriate coverage simply because the vehicle is a pickup, SUV, or car that could also be used personally.

The important issue is how the vehicle is being used.

A pickup used primarily to commute to an office presents a different exposure from a pickup being driven between construction sites while carrying tools and materials.

Commercial auto policies are designed to address business vehicle exposures that may not fit appropriately within a personal auto policy.

Business owners should disclose how vehicles are being used so the insurer can determine the appropriate coverage.

How Much Commercial Auto Liability Insurance Does a Contractor Need?

Texas establishes minimum financial responsibility requirements for motorists, but those minimum limits may be far below what a contractor or other business needs to adequately protect itself.

Contractors can also encounter contracts that require specific commercial auto liability limits before they can begin work.

Larger companies and construction projects may require limits such as $1 million in commercial auto liability, depending on the contract.

Rather than selecting coverage solely based on the legal minimum, businesses should consider:

• Contract requirements

• Types and values of vehicles

• Number of vehicles

• Number of drivers

• Where vehicles operate

• Size of the business

• Potential severity of an accident

• Assets that could be exposed to a liability claim

Businesses requiring limits beyond the underlying commercial auto policy may also consider commercial umbrella or excess liability coverage.

Commercial Auto and General Liability Insurance

Commercial auto and general liability insurance are both important forms of liability protection, but they address different risks.

A general liability policy typically excludes many claims arising from the ownership or operation of automobiles.

If a contractor accidentally damages a customer's property while performing construction work, the claim may involve general liability coverage.

If the contractor's employee causes an automobile accident while driving a company truck, the claim would generally involve commercial auto coverage instead.

That's one reason contractors commonly need both.

Learn more about General Liability Insurance in Frisco, TX from Texas Premier Insurance Group.

Commercial Auto and Workers Compensation

A serious vehicle accident involving an employee can potentially involve more than one business insurance policy.

Commercial auto insurance addresses covered automobile liability and vehicle damage exposures, while workers' compensation can address covered work-related injuries suffered by an employee.

For contractors whose employees spend substantial time traveling between jobsites, both exposures deserve consideration.

Learn more about Workers Compensation Insurance in Frisco, TX.

Are Tools and Equipment in a Work Truck Covered?

This is an important question for contractors.

Commercial auto physical damage coverage generally focuses on the insured vehicle itself. Contractors shouldn't automatically assume that expensive tools and equipment carried inside a truck or van are fully protected by the auto policy.

Contractors equipment or inland marine insurance may be needed to protect eligible tools and equipment while they're being transported or used at different jobsites.

For contractors carrying thousands of dollars in tools every day, this can be an important part of the overall insurance program.

Trailers and Contractor Vehicles

Contractors frequently use trailers to haul equipment, tools, materials, or machinery.

Don't assume a trailer and everything being transported on it are automatically covered simply because the vehicle towing it is insured.

Coverage can vary depending on the trailer, ownership, vehicle, equipment being transported, and insurance policy.

Contractors using utility trailers, equipment trailers, or other specialized trailers should make sure these exposures are discussed when their commercial auto coverage is established.

What Affects the Cost of Commercial Auto Insurance in Frisco?

Commercial auto premiums can vary substantially between businesses.

Insurance companies may consider factors including:

• Number of vehicles

• Vehicle types

• Vehicle values

• Business use

• Driving radius

• Driver records

• Number and age of drivers

• Claims history

• Coverage limits

• Deductibles

• Where vehicles are garaged

• Types of materials or equipment transported

• Selected physical damage coverage

Contractors with multiple vehicles and employees driving between jobsites can have very different exposures from a small business with a single company car.

Driver Records Matter

The people driving your company's vehicles can have a major impact on both risk and insurance cost.

Businesses should establish procedures for determining who is permitted to drive company vehicles.

Depending on the business, this may include reviewing motor vehicle records, establishing driver eligibility standards, providing safety training, and having clear policies regarding distracted driving and vehicle use.

Adding a driver with a poor driving history can affect both insurability and premium.

When Should You Review Your Commercial Auto Policy?

Growing businesses shouldn't necessarily wait until renewal to report major changes.

Contact your insurance agency when you:

• Purchase or sell a vehicle

• Add new drivers

• Hire employees who will drive

• Expand your service area

• Begin hauling different materials

• Add trailers

• Take on larger contracts

• Sign contracts with new insurance requirements

• Significantly increase vehicle usage

Keeping the policy aligned with your actual operations can help prevent surprises when a claim occurs.

Building a Complete Contractor Insurance Program

Commercial auto is one piece of a contractor's overall risk management program.

Depending on your business, you may also need:

• General Liability Insurance

• Workers Compensation Insurance

• Builders Risk Insurance

• Contractors Equipment/Inland Marine

• Commercial Umbrella Insurance

• Contractor Bonds

Texas Premier Insurance Group can help coordinate these coverages so your insurance program reflects how your construction business actually operates.

Commercial Auto Insurance Throughout Frisco and North Texas

Texas Premier Insurance Group helps businesses throughout Frisco, Prosper, McKinney, Plano, Little Elm, The Colony, Celina, and surrounding North Texas communities evaluate their commercial vehicle insurance needs.

Whether you operate one work truck or a growing fleet of contractor vehicles, we can help you compare commercial auto insurance options appropriate for your business.

Get a Commercial Auto Insurance Quote in Frisco, TX

Your company's vehicles keep your business moving, but every mile driven also creates potential risk.

Texas Premier Group Insurance can help you evaluate Commercial Auto Insurance in Frisco, Texas, including liability, physical damage, hired and non-owned auto, and other available coverage.

As an independent insurance agency, we can compare options from multiple insurance companies and coordinate your commercial auto policy with the rest of your business insurance program.

Contact Texas Premier Insurance Group today to discuss your vehicles, drivers, and business operations and request a commercial auto insurance quote.

Frequently Asked Questions About Commercial Auto Insurance in Frisco

Does a contractor need commercial auto insurance in Texas?

If vehicles are owned or regularly used by a contracting business, commercial auto insurance may be appropriate. Contractors should also review project contracts because some general contractors, developers, or clients may require specific commercial auto liability limits.

Can I use personal auto insurance for my work truck?

It depends on how the vehicle is owned and used and the terms of the policy. A vehicle used substantially for contracting or other business operations may require commercial auto insurance. Business use should be disclosed to the insurance company.

Does commercial auto insurance cover tools in my truck?

Commercial auto physical damage coverage generally protects the insured vehicle rather than automatically providing broad protection for tools and equipment carried inside it. Contractors may need inland marine or contractors equipment coverage for eligible tools and equipment.

What is hired and non-owned auto insurance?

Hired auto coverage can address certain exposures involving vehicles a business rents or hires. Non-owned auto coverage can address certain liability exposures when employees use vehicles the company doesn't own, including personal vehicles used for business purposes.

Can commercial auto insurance cover multiple vehicles and drivers?

Yes. Commercial auto policies can insure multiple eligible vehicles and drivers. The insurer will typically consider the vehicles, drivers, business operations, driving radius, loss history, and other factors when underwriting the account.