Commercial Auto Insurance

If you own your own business and use a vehicle in your daily work, then you are going to need to purchase commercial auto insurance. The same basic insurance types apply to commercial car insurance as they do to personal insurance: collision, comprehensive, personal injury protection, and liability. It is important to list the name of your business on your policy if the vehicle you drive is owned by the business and not you personally. If you happen to use the same vehicle for work and personal life, then you should also list the business name on your policy to help avoid confusion should a claim be filed against you.

It is important to speak with your insurance agent in order to determine which policy is best for the type of driving your business entails. If you own a delivery service, where driving is a main portion of the job, then your policy would be different than if you simply used a car once or twice a week. A good insurance agent will help work with you to determine what the best policy is for you and your business.

A commercial auto insurance policy is slightly different than a personal policy, but most of the major elements are the same. The differences between the two policies differ from state to state, so it is important you speak with your insurance agent so that they may explain everything regarding state regulations to you in greater detail.