Commercial Insurance

Netter Agency, LLC

Commercial Auto Insurance

Commercial auto insurance provides coverage for all vehicles by the company. Coverage is provided for liability exposure and damage to the vehicles. All the vehicles are classified as three types:

  • Owned vehicles – all vehicles paid for by the company

  • Non-owned vehicles – vehicles not owned by a company, but by an employee or volunteer

  • Hired vehicles – includes that are rented, leased, or borrowed

The protection it offers includes:

  • Auto liability standard limit – $1,000,000 combined single limits

  • Uninsured/underinsured coverage – $1,000,000

  • Collision – actual cash value

  • Comprehensive – ACV of vehicle

  • Non-owned and hired liability

Commercial Property Insurance

Commercial property insurance coverage generally covers building insurance. Coverage provides the repair or rebuilding if a hazard should occur. Next would be coverage for the business personal property (BPP). Loss of rent is coverage that gives the insured monies to operate at a different location.

Netter Agency, LLC