What does it cover?

Commercial vehicle insurance covers the following:

• Personal injury
• Bodily injury to other people
• Collision with other vehicles
• Property damage
• Loading and unloading damage
• Rental
• Comprehensive
• Towing and labor
• The features of commercial car insurance

If your vehicle is used for commuting and perhaps running some business-related errands, the insurer may consider it for a commercial car insurance policy. In other words, if your vehicle is used for more than just typical commuting it can be considered a commercial vehicle.

Get the right coverage

There are certain considerations that you need to make in determining the right coverage suitable for your vehicle.

• Is the vehicle leased or owned?
• Is it under your name or the business name?
• Is the vehicle used for commuting only or for running business operations?
• Who drives the vehicle?

As a business owner, you should prioritize getting the right commercial auto insurance instead of focusing on finding the cheapest. Some of the factors that affect the cost of your insurance include but not limited to your business’s location, business type, the type of business vehicles you own, the driving history of your drivers, and the amount of coverage you require for the vehicles. You need to evaluate these factors carefully because they can increase or decrease your premiums significantly.