The Facts About Commercial Auto Insurance
As a business owner, it’s important to make sure that you, your company and its employees are covered in the event of an accident. What you may not realize is that you need the same kind of insurance for the cars used in your business as you do for your own personal vehicle. Both large and small businesses require commercial auto insurance if they use a vehicle, such as a car or truck, for regular business operations.
What is Commercial Auto Insurance?
Commercial auto insurance is similar to your personal auto policy in that it provides coverages including liability, collision, comprehensive, personal injury protection and medical payments, and uninsured motorist coverage.
Do You Need Commercial Auto Insurance?
If you use a vehicle for regular business operations, you may need commercial auto insurance. Whether or not you should purchase commercial auto insurance depends on the type of business you run and the driving that is done. If you are a business owner purchasing a vehicle for an employee to use while doing business, you must insure the vehicle. When it comes to employees using their own personal vehicle, the person who owns the vehicle may be liable but someone could still sue you successfully. If you own a business and employ drivers for delivery or transportation, you probably need commercial auto insurance. You should always speak with an insurance agent to see whether or not you need business insurance, as it differs depending on the company.
How Do You Get Commercial Auto Insurance?
Visit your insurance agent or get help from one of the Avante experts. A good agent will ask for a lot of details about how the business vehicle is used, who will be driving the vehicle and whether or not other any of your employees are going to be using their own cars for business purposes. You should make sure you’ve thought about how the vehicle is going to be used and have the information ready.
To learn more about commercial auto insurance and whether or not you need it to protect your business, click here.