For FAJUA commercial vehicles over 10,000 lbs, which coverage is generally NOT available?

For FAJUA (Florida Automobile Joint Underwriting Association) commercial vehicles that weigh over 10,000 lbs, collision coverage is generally not available. This can be attributed to the specific underwriting guidelines and the nature of the coverage.

Collision coverage typically provides benefits for damage to a vehicle resulting from a collision with another vehicle or object. However, for larger commercial vehicles, different insurance provisions often apply because of the increased risk associated with these vehicles, their usage, and the presence of liability considerations.

In the realm of commercial auto insurance, decision-making around available coverages may differ significantly from standard auto policies, influencing the type of protection that insurers are willing to underwrite. Consequently, while other types of coverage like property damage, comprehensive, and bodily injury are generally available, collision coverage is not typically offered for larger vehicles, due to the risk factors and different operational challenges they present. This helps insurers manage claims effectively and maintain their risk exposure within acceptable limits.