Quick Facts About How Commercial Auto Insurance Works

Owning a business vehicle becomes a necessity for almost every industry. It is essential to take the best measures to protect your assets. Check this article to discover more about commercial auto insurance and how it may benefit your business.

Commercial Auto Insurance At A Glance
Commercial auto insurance gives liability coverage to your business. At some point, it also covers personal and specific vehicle insurance that is not covered by your personal auto insurance. You may consider getting comer auto insurance if you:

• Have one or more business vehicles
• Use your private car for some business-related matters; and
• Allow your workers to use your personal auto for business transactions

 
The Importance of Commercial Auto Insurance
This type of insurance is not just all about accounting for the high risk of using your commercial vehicles. More so, there are instances that personal auto insurance claims are denied for violating its terms even on personal use.
 
Therefore, if you use personal auto for the business matter for more than thrice, then it is time you decide to get commercial auto insurance for utmost security.
 
Professional Use That Does Not Require Commercial Auto Coverage
Here are examples of professional use that will not require commercial coverage.

• Operation of side business. If you are running kitchenware or cosmetic sales and the like, you may not be required to get a commercial auto policy. But ensure that this is not your primary source income plus the business does not significantly increase your vehicle mileage.
• Professions who consistently transport clients like lawyers, real estate agents, or clergy may not need a commercial policy. However, taxi drivers must have commercial insurance.
• Using personal auto travel to and from the same or specific workplace only.

 
Things That Commercial Auto Insurance Cover 
In this part, you are going to see some of the things commercial auto policy covers that a personal one does not. Such policy covers:

• Hauling trailers and equipment that you do not own or do not belong to your business
• Additional vehicles that you will buy for business
• Paying for the rented vehicles when yours become inoperable
• During the event, when you or your workers have to drive a vehicle that you don’t own.
  
  

As you can see, obtaining a commercial vehicle policy nowadays brings out peace of mind and security for you and your business venture. Will you let that opportunity pass you?
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If you are interested in purchasing commercial auto insurance, this is the right time to contact your trusted insurance provider.
 
At Synergy Insurance Group, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (763) 797-9999. Get your free quote today by CLICKING HERE.