​A commercial auto policy accommodates a set of coverages. These cover vans, cars, trucks, and other vehicles being used by your business. It also protects you against lawsuits when auto-related accidents arise. Understand the basic components of this policy. It's important if you're thinking of getting auto insurance for your business. Get to know that there are three parts of commercial auto policy:

​Whenever you choose something for yourself, you always tend to pick what you think is best for you. Like getting insurance, the selection process can be complex. As you weigh down options before making the final decision. The following steps can determine the right policy for you:

​Business auto liability insurance covers the financial responsibility when you cause damage. It also helps protect the company's assets if you get sued because of your vehicle that caused the accident. The policy pays for repair costs of damaged property or vehicles. Also, it provides legal expenses for lawsuits.

​Manta and Insureon's study shows only 3 out of 10 small business owners have insurance. This business policy protects you from damages and can help you stay on your feet during hard times. And not having this one is not the kind of risk you wouldn't want to make for your business.