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The Commercial Vehicle Insurance market is a specialized form of insurance that provides coverage for businesses that own and operate commercial vehicles. This type of insurance is designed to protect businesses from financial losses due to accidents, theft, and other liabilities that may arise from the use of commercial vehicles. It also covers the cost of repairs and medical expenses for any injuries that may occur as a result of an accident.
Commercial Vehicle Insurance policies typically include coverage for property damage, bodily injury, and medical payments. Additional coverage may be available for uninsured and underinsured motorists, as well as for rental vehicles. Policies may also include coverage for towing and labor costs, as well as for roadside assistance.
Some of the companies in the Commercial Vehicle Insurance market include Progressive, Allstate, Geico, State Farm, and Nationwide. Show Less Read more