Many businesses are exposed to financial consequences due to vehicles that are used in their operations. Most coverage needs can be handled by a business auto policy (BAP). BAPs may cover a variety of operations, including:
- Product or food delivery
- Transporting business products to wholesalers or retailers
- Retail product delivery to consumers
- Carrying persons for short, intermediate or long distance routes
- Picking up customer items for cleaning, repair, storage, etc.
Coverage is flexible. It may be purchased as a separate policy or as part of a package of coverage that can also protect buildings and business property (equipment, furniture, etc.). Coverages from a BAP include: liability coverage, comprehensive coverage, collision coverage, towing costs, and loss of use (rental) costs.