Do I need commercial auto coverage?

If you own a business, you’ll need the same type of coverage that you would want on a personal auto insurance policy. If your plates, tags or registration are commercial, you’ll want a commercial policy. If you’re transporting people or goods for a charge, or you’re involved in providing a service, you’re likely to need commercial coverage. You can get commercial insurance for just one auto or a fleet of them. Different coverage is optional, That coverage might include but isn’t limited to:

• Liability
• Collision
• Comprehensive
• Uninsured and underinsured motorist coverage
• Medical payments or PIP coverage

Don’t Place Your Business and Personal Assets at Risk

Many businesses even purchase a commercial umbrella policy in the event of very large liability claims. If like many business owners, your car is owned or leased by the business, be sure that your business is principally insured under the policy. Every business is different. Custom commercial auto insurance is available to meet specific needs.

Remember that personal auto policies have specific coverage exemptions for commercial use. Don’t place both yourself and your business at the risk of financial disaster with the wrong insurance. If you’re riding on a personal policy, and you’re not sure if business use of your auto is covered, call your agent or insurer. They can guide you.