This Legally binding contract effecting insurance or certificates thereof, including all clauses, riders, endorsements and renewals. is designed to protect a business in the event of accident, The wrongful taking of the property of another. It is a broad term and includes larceny, pilfering, hold up, robbery and pick pocketing, injury and/or other damages involving business vehicles and business staff while driving those The entity (individual or otherwise) whose risk of financial loss from an insured peril is protected by the insurance policy. company vehicles, or their own vehicles or rented vehicles for business purposes. There are a variety of coverages for commercial autos, depending on the business being operated and who owns the vehicles being used.