Commercial Auto Insurance in McAllen, TX
Commercial auto insurance in Texas includes several key components designed to cover different aspects of vehicle-related risks. Texas laws require companies using vehicles to conduct business to prove they can be financially responsible for potential third-party accident-related injuries and property damage. Many Texas companies do this by purchasing auto liability coverage.
If your company transports hazardous materials or uses heavy-duty machinery or semis, you are also subject to federal insurance regulations. 
Physical damage insurance, including comprehensive and collision coverage, may be mandatory if your business finances vehicles. These policies may help repair or replace the insured vehicle after an accident or incident, regardless of fault.
Depending on your situation, your agent may suggest other policies and endorsements, including the following:
- Uninsured/underinsured motorist coverage
- Cargo insurance
- Rental reimbursement
- Auto glass coverage
- Roadside assistance
- Hired and non-owned auto coverage
Why Commercial Auto Insurance Is Important
Commercial auto insurance plays a crucial role in business continuity. If a vehicle is out of commission due to an accident, having the right coverage can help repair or replace it, minimizing downtime and keeping your business running smoothly.
Auto liability insurance can help provide financial protection for third-party expenses, shielding your company from the economic consequences of an at-fault accident.
Factors Influencing Rates
Several factors influence commercial auto insurance rates in Texas. The type and number of vehicles in your fleet, their usage and your employees’ driving records are significant considerations. Insurers also look at the nature of your business and the locations where your vehicles operate, as different areas may present varying levels of risk. The amount of coverage you require and the specific safety features of your vehicles can also impact your premiums.
Contact Us
Contact Verax Insurance Services in McAllen, TX, for a personalized commercial auto insurance quote.