What does third-party commercial vehicle insurance cover?

Insuring your company car against third-party liability is not a choice, but an obligation. Of course, you are free to insure your company car more extensively. Whether the third-party liability insurance is indeed the right insurance for you and your company car depends on several things.

What does WA commercial vehicle insurance cover?

When a damage is caused by your commercial vehicle, the injured party has a direct right of action against your insurer. It does not matter whether you were the driver or someone else. This legally required insurance is in place to protect other road users. The insurance pays out if the driver of your company car is liable for the damage. Was the company car itself also damaged? This damage cannot be recovered from your own third-party insurance.

Choosing WA commercial vehicle insurance or other coverage?

In case of damage to your own company car, WA company car insurance is of no use to you. You cannot be liable for damage caused to your own vehicle. For cost reasons, third party commercial vehicle insurance can still be the right choice. If you also want to insure for example theft, broken windows and hail damage, you will end up with the WA + limited casco. Do you want the most comprehensive insurance? The all risks commercial vehicle insurance also pays for your own damage to your vehicle. When comparing, you can compare the premiums for the different forms of insurance side by side.

Do dwell on the disadvantages of WA commercial vehicle insurance

Having only third-party liability insurance gives you a nice savings on the premium, but be mindful of the downside. For example, theft and a collision due to your fault could leave you without a company car.

How much does the WA + limited casco cost more?

You choose the WA commercial vehicle insurance because you want low monthly costs, but how much is more comprehensive insurance more expensive? You can often choose the WA + limited casco at a slightly higher premium. The difference between the WA and all risk commercial vehicle insurance is often very large. Still, you can consider the much more comprehensive insurance if you have many claim-free years. This is because the discount can reach 75% or even higher. So this takes away a large part of the premium.

Other coverage:

• WA
• WA + limited casco
• All risks