Bodily Injury Liability (BIL)
Covers medical bills and rehabilitation expenses incurred by another party in the event that you or your employee is found at fault in an accident

Business Auto Policy
Another title for a commercial auto policy

Collision Coverage
Covers the cost of damages done to the car insured by your business in the event of an accident. Property damage liability will cover the cost of damages done to cars not owned by your business.

Commercial Auto Insurance
Protects vehicles owned by your business or rented by your business, or cars owned by your employees (if you have a hired and non-owned policy) that are driven for business purposes

Comprehensive Coverage
Covers damage done to the car insured by your business due to theft, vandalism, or natural disasters

Deductible
The amount of money you agree to pay in the event of an accident when you file a claim. The deductible will be used toward the total cost of the loss. The higher the deductible you agree to pay, the lower your premiums.

Fleet Policy
A commercial auto policy that covers a number of vehicles (usually five or more) that are owned by your business

Hired and Non-Owned
Coverage that will protect your employees' personal cars when they use them for business purposes (non-owned) and cars that are rented by you or your employees (hired)

Medical Payments
Covers the cost of treatments for injuries done to another motorist by a driver insured by your business auto policy

Property Damage Liability
Covers the cost of damage done to another person's property in the event of an accident

Rental Car Coverage
Will pay for a rental car (up to a certain amount) while your business vehicle is being repaired

Towing Costs
Coverage that will pay for the cost of towing a disabled vehicle owned by your business

Uninsured/Underinsured Motorists
Insurance that covers the cost of damages, repairs, or injuries done to your employees by another motorist who is either uninsured or doesn't have enough insurance to cover the damages