Coverage That Protects Your Vehicle Itself

While liability insurance protects against damage to others, physical damage insurance protects the commercial vehicle you own, lease, or finance.

This coverage helps repair or replace vehicles when they are damaged by accidents, weather events, theft, vandalism, or other covered incidents.

It is essential for businesses that rely on their vehicles every day to generate revenue.

Designed for All Types of Commercial Vehicles

Physical damage insurance applies to a wide variety of equipment used in business operations, including:

• Tow trucks and recovery vehicles

• Cargo vans used by contractors or service professionals

• Box trucks for delivery and logistics

• Hotshot trucks hauling equipment or materials

• Dump trucks and vocational units

• Flatbeds and hauling vehicles

• Regional and long-haul tractors

• Small and growing commercial fleets

Whether operating locally or across state lines, protecting the vehicle itself is a critical part of risk management.

What Physical Damage Coverage Includes

This coverage is typically structured to address:

• Collision damage from accidents

• Comprehensive losses such as fire, theft, or severe weather

• Vandalism or non-collision incidents

• Repair or replacement costs based on vehicle value

Policies can be tailored based on equipment type, financing requirements, and operational exposure.

Important for Financed or Leased Vehicles

Lenders and leasing companies often require physical damage coverage to protect their financial interest in the vehicle.

Maintaining proper coverage helps ensure compliance with financing agreements while safeguarding the business from unexpected repair costs.

Built Around How Your Vehicles Are Used

A service van operating locally faces different exposure than a dump truck on job sites or a delivery vehicle running daily routes.

Coverage is structured based on vehicle value, usage, storage location, and risk profile to ensure appropriate protection.

Keeping Businesses Moving After Unexpected Losses

Without physical damage coverage, businesses may be forced to absorb repair or replacement costs on their own, potentially interrupting operations.

This policy helps companies recover quickly and keep vehicles on the road.