The commercial car insurance program deals with insuring individuals, partnerships and corporations with vehicles used for their business by providing quality, affordable car insurance protection. These policies are quite competitively priced. You must remember that as a business owner you are responsible to insure your vehicles as much as insuring your own personal car, or even more.
You require coverage for liabilities, collision and medical payments plus for the uninsured motorists. In some cases, people use the same vehicle for both business as well as pleasure. If the car is owned by the company, make sure that the policy is insured in name of your company, lest you end up in confusion while making any claims. The insurance agent may grill you about your driving methods, who uses your vehicles or which employees use their own vehicles for the purpose of your business. While all the major coverage under the commercial car insurance policy are the same, it differs from the personal auto insurance policy in technical aspects. Make sure you understand all such options.
You can make exclusion for your business-related liability by taking a personal umbrella liability policy. The insurance company may require all applicants who are employees to carry worker’s compensation insurance or to delete the UM coverage for such employees. Also they require all commercial vehicles registered to such applicants to be insured with the insurance company. General liability coverage is required to be taken only if the vehicles have any attached equipments. You can now secure a quick quote online through the online commercial auto insurance quote and protect your business to take you miles.
We hope this has been helpful car insurance advice — expect more in the Auto Insurance Magazine!
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