COMMERCIAL AUTO INSURANCE

A commercial auto insurance policy differs from a personal auto insurance policy in several ways, including:

1. Coverage: A commercial auto insurance policy typically provides higher liability limits than a personal auto insurance policy, as businesses typically have greater exposure to risk. Additionally, a commercial policy can provide coverage for employees who may drive company vehicles or rented vehicles for business purposes.

2. Usage: Commercial auto insurance policies are designed to cover vehicles that are primarily used for business purposes, whereas personal auto insurance policies are meant to cover vehicles that are primarily used for personal use. A commercial policy can provide coverage for vehicles that are used to transport goods, equipment, or employees, or for vehicles that are used to make deliveries or provide services.

3. Cost: Commercial auto insurance policies are generally more expensive than personal auto insurance policies, as they provide more extensive coverage and higher liability limits.

4. Customizable coverage: Commercial auto insurance policies can be customized to meet the specific needs of your business, including coverage for hired and non-owned vehicles, equipment attached to the vehicle, and other specialized coverages.

As a business owner, it is important to have commercial auto insurance to protect your business in the event of an accident. A personal auto insurance policy will not provide coverage for a vehicle that is being used for business purposes, and if you rely on vehicles for your business, a commercial auto policy can help protect your assets and provide financial protection in case of accidents, theft, or damage. Additionally, in some states, commercial auto insurance may be required by law for certain types of businesses or vehicles.