Combined physical damage insurance is a type of auto insurance that covers damage to the policyholder’s vehicle from various ...
The law does not require physical damage insurance, but lenders do. A damage policy will pay no more than the value of the equipment at the time of the accident. In other words, you won’t get a new ...
At a minimum, your company’s commercial auto insurance policy should include primary liability insurance and other mandatory coverage types, along with optional physical damage coverage. You may also ...