business insurance in New Mexico
Your insurance broker can assess your coverage needs and advise on the best policies to include.

Protecting Your Company on the Road

Most business owners who need business insurance in New Mexico focus on protecting their main property and their business practices. If your business involves any type of travel by automobile, however, a qualified agent is likely to also suggest any number of commercial auto policies as part of your overall package. If a vehicle your company owns is involved in an accident, you want the proper coverage to help you avoid costly out-of-pocket expenses. Property damage insurance can pay for damages caused by your drivers to other vehicles or property. Uninsured motorist coverage protects you in a collision with another driver who is inadequately insured. Both collision and non-collision policies allow you to repair commercial vehicles not matter what causes the damage to them. Auto damage is not the only concern in a motor vehicle accidents. If an accident that your drivers cause results in bodily injury to others, you need a policy that covers the costs associated with that. It is also important to cover medical payments of your passengers if they sustain injuries while on company business. Both non-owned auto coverage and hired auto coverage can pay for expenses from accidents on company time, even with vehicles you do not technically own. Your insurance broker can assess your coverage needs and advise on the best policies to include.

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