Protect your business vehicles with a Louisiana commercial auto policy
Many of Louisiana’s small businesses need commercial auto insurance to safeguard against accidents and other mishaps that arise from the use of their business vehicles. Commercial vehicles are typically exposed to more risk than personal autos and often require specific coverages and limits that aren’t usually supported by a personal auto policy.
Hundreds of thousands of small business owners across the nation trust us to protect their work vehicles and livelihoods. Each gets customized coverage to match their unique needs, whether they own a cleaning service in Baton Rouge or a landscaping company in Shreveport.
Commercial auto coverage for a variety of business types:
Louisiana commercial auto insurance cost
Several factors affect the cost of your Louisiana commercial auto policy, including your:
Profession
Some industries have more risk than others. A baker who makes several deliveries each day can expect to pay more than a consultant who runs occasional errands.
Vehicle
Your vehicle’s size and use affect your rate. A heavy food truck with a grill and a deep fryer will likely have a higher premium than a small catering van with minimal equipment.
Driving history
Your commercial auto insurance carrier will run a motor vehicle report on all drivers with access to your business vehicles. Drivers with accidents or violations on their driving record will usually cause your rate to increase. You can expect your insurance company to take the past three years of driving history into account.
Location
It’s common to pay more for commercial auto coverage in a large city like New Orleans than in a smaller city like Houma. Keep in mind, prices are usually higher in locations that experience more claims or more expensive settlements than other locations. Areas susceptible to weather-related events, such as hurricanes, floods and tornadoes, are also factors.
Travel radius
The distance you routinely travel can influence your commercial auto rate. A vehicle with a local route within Lafayette’s city limits is considered lower risk than a vehicle with a regional route that covers all of Acadiana.
Coverage needs
The amount of coverage you need affects your premium. Policyholders with the Louisiana state minimum limits of 15/30/25 will pay less than a policyholder needing a combined single limit of $1M.
Louisiana commercial auto insurance requirements
Louisiana state law requires all commercial auto policies to have a minimum liability limit of $15,000 per person, $30,000 per accident for bodily injury and $25,000 for property damage (i.e., 15/30/25). Some policies are required to carry higher limits based on the types of vehicles they insure.
Additionally, vehicles with a USDOT or a Motor Carrier (MC) number will have separate coverage requirements. For example, the Federal Motor Carrier Safety Administration (FMCSA) typically requires semi-trucks and other large vehicles traveling interstate to carry a minimum combined single limit of $750,000.
It’s important to select limits that are best for your business in addition to what’s required by Louisiana state law. Lacking the right coverage for your level of risk could leave you responsible for an uncovered debt and threaten your business’s assets.
Louisiana commercial auto resources:
Common professions that need commercial auto insurance in LA:
Browse more examples of professions we insure.
Commercial auto insurance anywhere in Louisiana
We offer Louisiana commercial auto insurance statewide, including these major cities:
- New Orleans
- Shreveport
- Lake Charles
- Kenner
- Alexandria
- Baton Rouge
- Lafayette
- Bossier City
- Monroe
- Houma
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