Commercial Auto Insurance policies typically have similar if not like coverage’s as Personal Auto Insurance policies.
Commercial coverage however, is designed for vehicles operated in the course of business. Commercial insurance is needed by businesses that have several drivers and/or multiple cars.
What differentiates commercial auto insurance from personal auto insurance is third party damage coverage. Typically liability protection plans on commercial policies are greater than the amounts provided under a personal auto policy.
Despite their similarities, commercial and personal auto insurance are completely different programs. For the most part, consumers need to purchase a personal plan unless you are starting a company and intend to use the vehicle for business purposes rather than personal needs.
Feel free to give us a call at 323-549-9893 for more details on commercial auto insurance products available within our network.
Tip; if the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim or claim filed against you.