What does third-party liability and limited comprehensive commercial auto insurance cover?

Third-party liability + limited comprehensive coverage is a popular type of insurance for company cars that are no longer new but are less than 10 years old. For a newer company car, choose all-risk insurance, and for cars 10 years old or older, choose third-party liability company car insurance. This is just a guideline. A 10-year-old car can still be worth a significant amount. In that case, it’s still a smart move to choose third-party liability plus limited comprehensive coverage. You can find out by comparing commercial auto insurance policies. With a premium difference of just a few euros a month, you’d naturally prefer a commercial auto insurance policy with more comprehensive coverage.

What coverage does the liability + limited comprehensive insurance policy provide?

Virtually all insurers offer the same coverage under third-party liability + limited comprehensive insurance. They may use different terms to describe this type of insurance, but the basic coverage is the same. You’ll also often see it referred to as third-party liability + mini comprehensive, or simply third-party liability + comprehensive. Third-party liability + limited comprehensive insurance provides coverage for the following causes of damage:

• Collisions with Stray Animals
• Storm damage
• Hail damage
• Lightning Damage
• Fire
• Explosion
• Theft and Damage Caused by Theft
• Window Breakage

Claims paid under these coverages do not affect the number of claim-free years. However, an deductible may be due.

What factors determine the amount of the premium?

The cost of insurance for your company car depends on several factors. This also explains the significant differences in premiums among insurers. One insurer places a heavy emphasis on the insured’s ZIP code, while another insurer primarily penalizes young drivers with a high premium. Insurers also interpret the use of the car differently. Some insurers refuse to provide company car insurance if the vehicle is used for meal delivery or as a courier service. Other insurers, on the other hand, are willing to insure it. Key factors affecting the premium include:

• The list price and the current market value of the car
• Is the car used for business purposes, and if so, how?
• How many kilometers are driven with it each year?
• Weight and Payload Capacity
• How many claim-free years have been accumulated?

Would you like to know how much you’ll pay each month for commercial auto insurance? Calculate it online. When comparing policies, you can also immediately see what the premium will be if you choose comprehensive commercial auto insurance or, alternatively, liability insurance.

Other types of coverage:

• WA
• Liability + Limited Comprehensive Coverage
• All Risks