Commercial Auto Insurance is designed to protect you, your vehicle as well as your company’s assets. As a business that uses vehicles you need similar insurance coverage that a private vehicle has. Like: liability, collision, comprehensive, medical payments (A.K.A.personal injury) and uninsured motorists (just a higher monetary limit).
If the vehicle is used as a daily driver as well as a company vehicle, you should insure the vehicle under the company name as the role of “principal insured” rather than your name. This will lessen confusion if you have to file a claim or, a claim is filed against you.
The minimum coverage’s you need will depend on the type and category of work that is performed by the vehicle. Our insurance brokers will ask you the details regarding the uses, and who will be driving it, then determine which category you fall under and design the policy accordingly.