From experience, I have found that most clients believe a commercial vehicle is limited to 18-wheelers, as most attorney advertising is directed toward trucking accidents. However, that is only one example of a commercial vehicle. Other common examples are HVAC, plumbing or other construction vehicles. Ultimately, any vehicle used for commercial purposes is likely considered a commercial vehicle. Why is the classification of personal liability policy versus a commercial policy important?
On many occasions, commercial vehicles are required to carry larger liability policies than non-commercial vehicles. Without going too far into the details, the insurance requirements for commercial vehicles varies depending on the weight of the vehicle, seating capacity, type of cargo being carried and whether the vehicle travels outside state lines. The requirements can be as high as $5,000,000 per accident. From a practical standpoint, many times commercial vehicles have a great deal of insurance to protect the company itself from being sued. In accidents caused by a commercial vehicle resulting in serious injuries, this analysis is extremely important.
Determining the correct amount of insurance coverage (and the order in which it must be paid out) is certainly not a determination that should be made by a non-attorney as a mistake could be very costly to the injured party. If you or someone you know has been injured in an accident involving a commercial vehicle, call Beach Injury Lawyers, LLC and speak with an actual attorney for a free consultation and case evaluation.