If you run a business in Illinois and use vehicles for work, having commercial auto insurance is a must. Whether you're delivering goods, driving to job sites, or transporting tools, your vehicles play a big role in keeping your business moving. But accidents can happen at any time, and without the right insurance, your business could face big costs. Commercial auto insurance helps protect your vehicles, drivers, and company from financial loss.
In this article, we’ll explain why this type of insurance is so important for Illinois business owners and how it helps keep your business safe and running smoothly.
Commercial auto insurance is a type of coverage made for vehicles used for business purposes. It protects your business if one of your work vehicles is in an accident, stolen, or damaged. This insurance often covers more than personal auto insurance because business vehicles usually carry more risk.
For example, if you deliver products, transport equipment, or drive to job sites, commercial auto insurance helps cover costs if something goes wrong. Unlike personal auto insurance, which only covers everyday driving, commercial coverage is built to handle the needs of a business and may include higher limits and more options to protect your company. If you have employees or any other individuals who also drive your vehicle(s), it’s important to make sure that they’re listed on your commercial auto insurance policy too.
With GEICO’s commercial auto insurance, policyholders can also drive vehicles for personal use without needing a separate policy.
All businesses that use vehicles need commercial auto insurance, so it’s important that insurance companies offer flexible plans.
Every business is different—some may have employees using their own cars for small jobs, while others may have a whole group of delivery trucks on the road. That’s why GEICO offers coverage that can fit many types of work and vehicles. Whether your team uses personal cars or business vehicles, GEICO has flexible options to help keep your business protected:
| Coverage Type | Minimum Requirement in Illinois |
|---|---|
| Bodily Injury Liability | $25,000 per person / $50,000 per accident |
| Property Damage Liability | $20,000 per accident |
| Personal Injury Protection (PIP) | Not required |
| Uninsured Motorist (UM) | $25,000 per person / $50,000 per accident |
| Underinsured Motorist (UIM) | Only required if you choose higher limits for UM; then, you’re UIM must match your UM |
| Other Mandated Coverages | Not required |
The FMCSA (Federal Motor Carrier Safety Administration) and the USDOT (U.S. Department of Transportation) are government agencies that help keep roads safe by making rules for companies that use large trucks or commercial vehicles. The USDOT gives each company a special number to track if they follow the rules, and the FMCSA makes sure they have the right safety and insurance coverage.
In Illinois, businesses that use commercial vehicles must follow these rules, including having enough auto insurance. Commercial auto insurance helps them stay legal by meeting the required coverage and sending proof to the government, so they can keep driving safely and avoid big money problems if there’s an accident.
In Illinois, businesses have to follow certain minimum rules for commercial auto insurance, but they can also choose to buy more coverage if they want extra protection. Some common add-ons are comprehensive, collision, and MedPay coverage.
Comprehensive helps pay for damage from things like theft, storms, or fire. Collision covers damage to the vehicle if it crashes, no matter who caused the accident, and MedPay helps pay for medical bills after an accident for the driver and passengers.
GEICO offers all of these extra coverages, and business owners often add them to avoid big costs, protect their vehicles, and help take care of their workers if something goes wrong.
GEICO offers all the commercial auto insurance coverages that Illinois requires, plus extra options so business owners can make their policy fit their needs. No matter where you operate and whether you have one vehicle or many, GEICO lets you pick the coverage you want without paying for things you don’t need.
Coverages available for GEICO policyholders include:
GEICO provides coverage for many different types of work vehicles. Whether you use your vehicle for basic transportation, carrying equipment or goods, or running your business right from your vehicle, GEICO has options to protect your specific needs.
Types of vehicles covered by GEICO include:
In Illinois, the average cost of commercial auto insurance is a bit higher than the national average because of things like bad weather and other state-specific risks. The size of an insurance settlement usually doesn’t affect your insurance costs, but factors like whether you were at fault in an accident do.
Your actual insurance price will depend more on personal details like your business’s industry, type of vehicle, and coverage choices:
Even beyond its many discount opportunities, GEICO is the preferred insurer among Illinois business owners for many other reasons.
For instance, our flexible coverage fits a wide variety of industries and vehicle types, making it easy to find the right protection for your business. GEICO also provides strong customer support, with digital tools, helpful local agents, and a fast claims process. Plus, our decades-long reputation for reliable coverage means business owners can trust us to walk alongside them every step of the way.
No matter how you spin it, GEICO is the best choice for business owners in Illinois.
Getting a free commercial auto insurance quote from GEICO is quick and easy, taking just a few minutes. You can choose to get your quote either online or by phone, making it simple to take the first step toward protecting your business.
Don’t wait—get your free commercial auto insurance quote today!