If you are operating a vehicle for any business-related purposes, you will need commercial car insurance.
For example, you would need commercial insurance to operate a vehicle for:
Pickup or delivery of goods including:
Pizza or other food delivery.
Additionally, you will need commercial insurance if your vehicle is:
Registered or titled to a:
Rented or leased by others.
Signage, lettering or wrapped.
Cooking or catering equipment.
Consistently driven by you or your employees for both business and personal use.
If you carry a personal car insurance policy and you file a claim for an incident that occurred while driving for business purposes, you may find that your car insurance company will not pay on that claim.
However, if you have the appropriate commercial car insurance policy, you will be covered.
Limits – Combined Single Limits
Limits in commercial car insurance policies typically differ from personal auto insurance limits in one major way.
Standard liability insurance policies usually break limits out into categories of property damage and personal injury. However, a commercial car insurance policy generally has a combined single limit.
This means that claims under your commercial car insurance policy will be covered under one limit.
You can expect to see coverage limits ranging from $500,000 into the millions.
Types of Commercial Car Insurance
Because there are so many different types of commercial vehicles and different hazards and scenarios these vehicles face compared to the typical personal vehicle, there are several different types of commercial car insurance and coverages.
Types of commercial auto insurance include:
Business auto insurance.
Pickup truck insurance.
Tow truck insurance.
Dump truck insurance.
Non-owned/hired liability insurance.
Collin Insurance Services offers free, comparative quotes on commercial auto insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.