answersLogoWhite

0


Best Answer

Honestly it owuld depend on the business and on the individual. Some people are at a higher risk depending on what they drive, their age, and any tickets they may have had. Certain businesses are more at risk depending on if they have many drivers and what they do exactly.

Auto insurance is generally cheaper for individuals. When a business holds auto insurance they are responsibile for greater liability coverage. They also must usually insure more drivers and have more coverage for uninsured drivers.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is auto insurance cheaper for businesses or for individuals?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What type of company is AIG Auto?

AIG Auto is an Insurance company that provides many different types of insurance for individuals and businesses. The types of insurance that AIG provides includes: Accident, Life, Health, and Travel.


What type of insurance does AMFAM provide?

AMFAM, which stands for American Family Insurance offers a variety of coverage to individuals and businesses. Examples of the types of insurance they sell are home, life, health, and auto.


How to Find Cheaper Auto Insurance in Colorado?

Residents who live in the State of Colorado will have no trouble finding cheap auto insurance in Colorado by shopping for car insurance online, purchasing a hybrid or electric car and taking advantage of additional savings offered by many auto insurance companies in Colorado.Shop For Auto Insurance in Colorado OnlineIndividuals who are interested in finding cheaper auto insurance in Colorado should take the time to shop for insurance online. Individuals who use the Internet to shop for car insurance always find cheaper auto insurance. This is because auto insurance companies that offer insurance in the State of Colorado always offer the most competitive auto insurance rates online than over the phone. If your goal is find cheap auto insurance in Colorado, always shop for auto insurance online.Buy a Hybrid or Electric Vehicle For Cheaper Auto Insurance in ColoradoIt is a well-known fact that individuals who own hybrid or electric vehicles have an easier time finding cheaper auto insurance in Colorado in comparison to drivers who own gasoline-powered vehicles. This is because auto insurance companies consider drivers who own hybrid or electric vehicles are less of a risk to insure than drivers who own gasoline-powered vehicles. Individuals who are looking to maximize their savings should consider going green to find the lowest rates on auto insurance in Colorado.Take Advantage of All Special Discounts and Savings For Cheaper Auto Insurance in ColoradoAnother great way that residents of the State of Colorado can save money on insurance is to take advantage of any and all discounts and savings that are extended by insurance companies. Auto insurance companies in Colorado often extend additional savings to people who are members of certain clubs, have a great driving record, have been driving a certain number of years and own vehicles equipped with special safety equipment.To maximize your savings and find cheap car insurance in the State of Colorado, residents of the State of Colorado should shop online for auto insurance, buy a hybrid or electric vehicle and take advantage of special discounts and savings.


What are some tips to get cheaper auto insurance?

Some tips that are given to receive cheaper auto insurance include the type of insurance policy, reduce your risk reduce your cost, and being a good driver in general.


Is auto insurance in Hawaii on average cheaper due to not as much area to drive?

Yes, Hawaii auto insurance is generally cheaper because of less accident rate and low amount of traffic.


How to train businesses on auto policy insurance?

The best way to train businesses on auto policy insurance is to review the entire policy in detail, especially going through any exceptions to the policy.


What will NOT make your auto insurance cheaper?

Getting into an accident of any kind.


Does auto insurance cost more in AZ than in MA?

No. Massachusetts is a very expensive state for auto insurance. Most states will be cheaper.


What does the law requiring mandatory car insurance state?

The law requiring mandatory car insurance states that individuals and businesses are required by law to possess valid auto mobile insurance designed to cover the risk of financial liability in the event of an accident.


Is teen auto insurance expensive in Florida?

Auto insurance get cheaper depending on you driving experience, and since teen have very little experience driving the insurance will be expensive.


My auto insurance wrote a check out to me and a auto repair shop can i choose another auto repair shop that is cheaper?

Absolutely, you have the right to choose where your car will be repaired, not the insurance co.


What types of services does Norton Insurance offer?

Norton Insurance offers insurance products. Among them are health insurance for employer groups and individuals. Home, auto and personal insurance are offered for individuals.