Business auto insurance, also known as commercial auto insurance, provides coverage for eligible vehicles used for business purposes. Business owners need the same type of coverages for cars, trucks, vans, or other vehicles as you would for personal use. However, a Business Owners Policy (BOP) does not provide insurance coverage for vehicles. So you’ll need a separate policy.
Each vehicle can be “scheduled” separately on a business auto insurance policy. So you can have different coverages for different vehicles, depending on the vehicle needs for your business.
Your personal auto insurance provides some coverage for business use. However, if your vehicle is used primarily for business, it will not provide coverage. A personal auto insurance policy will not cover a vehicle owned by a business. In addition, a personal umbrella policy will not cover claims made for a vehicle used for business.
To protect your business from liability risks, its important to talk with a knowledgeable insurance professional who can educate and guide you regarding business vehicle insurance.
Our concierge insurance agents will take the time to explain your options and tailor a business auto insurance policy suited just for you. Ensuring the protection of your assets.