Auto Insurance Commercial

As a business owner, you need the same kinds of insurance coverages for the car you use in your business as you do for a used car for personal travel – liability, collision and comprehensive, medical payments (known as personal protection injury in some states) and coverage for uninsured motorists. In fact, many business people use the same vehicle for both business and pleasure. If the vehicle is owned business, secure business name appears on the policy as “principal insured”rather than your name. This will avoid possible confusion in case you need to file a claim or a claim is filed against you.

If you need to buy a business auto insurance policy will depend on the type of driving you do. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them and whether employees, if you have them, are likely to be driving their cars for your business.

While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical aspects. Ask your insurance agent to explain all the differences and options.