Commercial auto insurance is insurance coverage for business vehicles. It can be one vehicle or an entire fleet. Any vehicle or vehicles used for business purposes can be covered with commercial auto insurance. Most states require businesses that use vehicles to have this coverage.
Business vehicles can get into accidents that same as personal vehicles. It’s not a good idea to drive a personal vehicle with no insurance. The same thing applies to commercial vehicles. Choose the best policy to fit your needs.
How it Works
Business vehicles are on the road often. They are at risk just like any other type of vehicle. There are a lot of different coverage options for business owners to choose from. You might need coverage tailored to fit your specific needs. For instance, a business that has a fleet of delivery vans might need a different type of coverage than a taxi company with five taxis.
Some business owners choose the most basic coverage in order to save money. However, this might not be a good idea if you can’t afford high out of pocket costs. Get the best policy for your situation, even if it’s not the cheapest option.