The rationale underlying the caution of my response is that the wording is a legal trap for one providing an answer.
Let me try to provide an analogy:
A farmer is looking to purchase liability insurance to protect himself from liability arising from an injury which might occur from a needle in the haystacks he sells to the public as feed for their cattle. A local Ag Insurance Guy (AIG) – pun intended! – sells him a policy, issued by for $50 per year.
Sounds simple enough, right?
Here are but a few (!) of the challenges in this equation …
Is the coverage for each haystack?
What is a needle?
Is it a short piece of wire which punctures the intestine of a steer worth several thousand dollars?
Were there any pieces of wire?
Many haystacks? Many bleeding steers?
How much is to be paid for each steer?
Does the steer need to die before the insurance provided is paid to settle the claim?
Is there a limit on the TOTAL amount of money paid for all the dead cattle?
Does the claimant who purchased the BS insurance need to provide evidence of the needles which “allegedly” caused the unfortunate demise of a steer, the herd?
Does the coverage provide the farmer with protection for the mental torture & financial ruin the death of the herd caused to the owner who bought the insurance?
If any of these answers were not addressed in the policy covering the haystack needle insurance, then the agent (& the BS Ins. Co.*) might be in for a lot more than they bargained for when this claim enters the legal arena of the local courts in the pursuit of the settlement.
Now, back to your question –
Understanding that I will just provide an overview, a general description of commercial vehicle insurance coverage, please do not assume that I even suggest that my description informs you any more than your search for needles in a haystack would assist you in your search for protecting your cattle to be hauled to market in your commercial vehicle.
In general terms commercial
vehicle insurance resembles private auto insurance with many little & a few major exceptions. You can purchase liability protection to protect you to the limits you purchase which will provide coverage for the injury you cause or for which you are held responsible as a result of the insured commercial vehicle.
You can also purchase coverage, similarly, for the property damage, you cause. You may purchase Uninsured/Underinsured Motorist liability & Property Damage coverages as well.
You may also wish to protect your vehicle against physical damage & purchase Collision & Comprhehensive coverage, as well.
Towing is also an available coverage, as is coverage to provide a replacement vehicle for your vehicle while it is being repaired after a covered accident or while a total loss is being determined after sucha a covered loss.
Replacement of your damaged vehicle may be vital to the continuation of your business!
Unlike most private auto insurance policies, commercial coverage is usually not subject to the “No Fault” limitations of lawsuits, therefore “PIP” or Personal Injury Protection, a.k.a. Medical/Hospitalization/Testing/Evaluation/Salary Continuation/Death Benefit & Pedestrian PIP Bnenfits are not available to cover commercial trucks. Some States do require that commercially used private passenger autos (NOT Trucks) must be covered with PIP.
Instead of PIP, commercial truck insurance does offer for Medical Payments coverage which typically have much lower limits than found in the statutorily required PIP coverage.
Commercial coverage also restricts coverage to the named operators & employees although optionally such coverage may be purchased separately or exteneded to cover non-employees &/or family members who are injured in an accidnet while riding inside the insured commercial vehicle.
Commercial insurance also offers otional coverage to protect the owner or listed operators while they operate “Other Vehicles” in the course of their work vehicle when such commercial vehicles might not bleong to the commercial entity, but, instead, to other registered owners.
So… in summary… commercial insurance for vehicles resembles, is similar to, private automobile insurance, but commercial insurance is significantly different. The somtimes large gaps in coverage when compared to private auto insurance can mostly, but not completely, be covered by the purchase of optional coverages which need serious consideration when an applicant is deciding which coverages best suit the particulars of their commercial exposure.
One must beware the needles which might be found in the haystacks of our lives, but not obsess & waste our precious lives searching for them.