West Virginia Commercial Vehicle Insurance
Get a complete analysis of West Virginia commercial vehicle insurance costs, coverages & companies.
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Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.
Find the Best Commercial Vehicle Insurance Rates & Companies in West Virginia
If you've established a business in West Virginia, you might be wondering about insuring the vehicle or fleet of company vehicles your business relies on. Having the right coverage can help your business get important reimbursement after the theft of or damage to company vehicles. It can also help your company financially recover in case of a lawsuit involving a company vehicle.
An independent insurance agent in West Virginia can help your business get equipped with all the right commercial auto insurance. They'll get you matched to the appropriate amount of commercial vehicle coverage. But first, here's a closer look at West Virginia commercial vehicle insurance requirements and more.
Best Commercial Vehicle Insurance Companies in West Virginia
When it's time to get coverage for your business, you'll want to skip straight ahead to the best commercial auto insurance in West Virginia. We've included a few of our top picks for quality commercial vehicle insurance in West Virginia, so your business can get the coverage it deserves. Start by looking into these excellent carriers.
- Encova: Encova offers commercial auto insurance and many other kinds of business and personal insurance. The insurer has outstanding ratings for financial strength from AM Best and overall from the Better Business Bureau (BBB) and offers 24/7 claims reporting.
- Travelers: Travelers offers commercial auto insurance and many other business and personal insurance products. The insurer also has outstanding AM Best and BBB ratings, a lot of positive customer feedback, and many discount options.
- Liberty Mutual: Liberty Mutual offers commercial auto insurance and many other business and personal insurance products. The insurer is also a Fortune 500 company with outstanding ratings from AM Best and the BBB and provides 24/7 claims reporting.
An independent insurance agent can help your business meet West Virginia commercial vehicle regulations in terms of the right commercial auto insurance policy. They can help you compare coverage and quotes from these carriers and others.
What Commercial Vehicle Insurance in West Virginia Can Cover
In West Virginia, your business will be able to choose from several different types of coverage to complete its commercial vehicle policy. Look for the following options for commercial vehicle insurance:
- Liability insurance: This covers the costs of property damage or bodily injury your business causes a third party with a company vehicle.
- Comprehensive insurance: This covers the costs of damage to your business vehicles due to a non-collision event such as a flood or theft.
- Collision insurance: This covers the costs of damage to your business vehicles from a collision with another driver, regardless of fault.
- Medical payments insurance: This covers medical treatments if company drivers or their passengers get injured in an accident while operating company vehicles for business purposes.
- Uninsured/underinsured motorists insurance: This covers the costs of accidents with other drivers who don't carry enough car insurance to cover their portion of expenses.
West Virginia commercial vehicle registration can be completed with the help of an independent insurance agent who can get your business equipped with all the required commercial auto coverage.
How Much Commercial Vehicle Insurance Is Required in West Virginia?
West Virginia mandates a certain amount of commercial auto coverage for businesses with company vehicles. If you have a business in West Virginia, make sure any company vehicles are covered by at least the following:
- Bodily injury liability insurance: Coverage of at least $25,000 per person and $50,000 per accident of bodily injury liability insurance is required for businesses with company vehicles in West Virginia.
- Property damage liability insurance: Coverage of at least $25,000 per incident of property damage liability coverage is required for businesses with company vehicles in West Virginia.
West Virginia commercial vehicle enforcement is necessary for all business owners to be aware of. Without securing the proper amounts of commercial auto coverage, your company could face state penalties like fines and more.
What Commercial Vehicle Insurance in West Virginia Will Not Cover
Commercial vehicle insurance, like any other type of insurance, comes with its own set of coverage exclusions to be aware of. Your business's commercial auto insurance will not cover theft, destruction, or damage to business equipment and inventory that's covered under commercial property insurance or employee workplace injuries and illnesses that are covered under workers' compensation. It also likely will not cover the following:
- Company vehicle accidents, etc., caused by drivers while they were intoxicated
- Pollutant damage or destruction to company vehicles
- Malicious or intentional acts against third parties or their property by company drivers
A West Virginia independent insurance agent can help you find your specific policy's exclusions and also get you set up with other types of business insurance required to bridge any coverage gaps.
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Average Cost of Commercial Vehicle Insurance in West Virginia
Your West Virginia commercial auto insurance policy might cost just under $150 monthly, on average. However, the size of your business, how many company vehicles it has, its exact location and annual revenue, and other factors can all impact these rates. The following factors might affect your commercial vehicle insurance premiums as well:
- Your business's prior claims history
- The driving records of company vehicle operators
- The types and amounts of coverage your business needs
- How often and where all company vehicles are used
An independent insurance agent in West Virginia can help you find the right commercial auto coverage for your business at a great rate.
Popular Questions about West Virginia Commercial Vehicle Insurance
You'll need commercial auto insurance in West Virginia if your business relies on company vehicles. If your business doesn't use company vehicles for any of its operations, this coverage is likely not necessary.
Yes, West Virginia law requires commercial auto insurance. Of course, these requirements only apply to businesses in the state that actually use company vehicles.
In West Virginia, your business's commercial auto plan must at least include bodily injury liability and property damage liability. However, you can customize your business's policy to include more types of protection if you wish.
In West Virginia, the following types and amounts of commercial auto insurance coverage are required by state law:
- Bodily injury liability insurance: Coverage of at least $25,000 per person and $50,000 per accident of bodily injury liability insurance is required.
- Property damage liability insurance: Coverage of at least $25,000 per incident of property damage liability coverage is required.
Yes, businesses in West Virginia can deduct the cost of their commercial vehicle insurance from their taxes. These insurance premiums are considered a legitimate business expense.
West Virginia commercial auto insurance covers at least liability, but policies can be customized with other forms of protection. For example, you might choose to add collision or comprehensive coverage to your business's commercial auto policy.
In West Virginia, commercial auto insurance costs an average of just below $150 per month. Many factors can influence these rates, though, such as your business's size and annual revenue.
West Virginia independent insurance agents can shop and compare policies from multiple commercial vehicle insurance carriers for you. Ultimately, they'll get your business set up with a policy offering the best overall blend of coverage and cost. Additionally, your agent can help your business file commercial auto insurance claims and update its coverage as necessary.
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