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Commercial Auto Coverage is insurance that covers vehicles owned and operated for business use. A fleet of company cars, service trucks, etc.
Personal Auto Coverage is insurance that covers vehicles for individuals and families.
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∙ 16y ago
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Would my commercial auto policy cover contents?
Auto policies, whether personal or commercial will not cover contents within the vehicle. That is not what auto policies are designed to do. You need to have a commercial property and liability policy to cover business property while on premises or off premises.
What is the difference between a commercial and a personal auto policy?
The difference between a commercial and a personal auto policy is that personal auto policies are designed to cover one person or a family while commercial auto insurance is designed to cover an entire business. The policies, terms and conditions of these policies are very different. You can learn more about the differences of the policies online at the Car Insurance Comparison website.
Does operating unsafe commercial vehicle go against your personal insurance?
Your personal auto would not cover a commercial vehicle. They have to have a separate policy.
Will regular auto insurance cover commercial vehicles?
Regular automobile insurance helps a car owner if the car hits a commercial vehicle. A commercial vehicle needs commercial insurance or a commercial rider in many states. Check with your agent.
Do all business owners need commercial auto insurance?
The only time you would not need it is if your personal auto insurance policy already covers you for your business use. If they would not cover then you need to purchase commercial insurance for that vehicle.
Commercial Auto Insurance Is a Must for Businesses?
When you insure a vehicle that you use for business purposes, make sure that you insure it under an authentic commercial auto insurance policy. A personal auto insurance policy will not cover many business uses of an automobile, and if you make a commercial auto insurance related claim that is not covered on your personal policy it will be denied. Therefore, when you buy or lease a car for business use, contact a commercial auto insurance broker if your general business insurance broker or provider cannot assist you with your commercial auto insurance needs.
How do the rates for commercial vehicle insurance differ from standard auto coverage?
Commercial vehicle coverage will cost more. It has to cover any person driving and the more likely lawsuits against companies.
Does liability insurance cover all vehicles even if they are not listed on the policy?
Insured has thirty (30) days to add new vehicle to commercial auto policy. For auto insurance it is what is on the policy that is covered.
Does Foreign Commercial General Liability include Foreign Business Auto Liability?
It can be, but it just depends on the extent of coverage you purchase. Commercial Auto is not automatically included with Commercial General Liability. If you purchase the Commercial Auto coverage along with the Commercial Liability then you will have the coverage. If you purchase only the commercial General Liability then you won't have coverage for commercial auto.
Who needs to buy commercial auto insurance?
Those who have a company where commercial driving is involved need to have commercial auto insurance because anything could happen on the road/highway. Also, freelance commercial drivers should have the same type of coverage even though they work for themselves. They too should have commercial auto insurance because they could very easily, accidently hit someone in a little sedan that they couldn't see on the road because they are positioned so high-up. So to cover yourself, those with the use of commercial trucks, should have commercial auto insurance. And know their is a difference between regular car insurance and commercial auto insurance. Just like their is a difference between having a CDL license and a regular driver's license.
You have a pest control company and full coverage ins on your two trucks do you need commercial auto insurance instead?
I own a small courier company. We are incorporated. We have to have commercial auto as our consumer auto company said they wouldn't cover accidents we had while doing business with our vehicles. Plus they are owned by the company. I would check with my accountant. If your trucks are owned by the company I would assume you would have to have commercial auto. If a driver is using the vehicle on a job has an accident your company is liable, right? If the vehicle is generating income it would fall under the commercial umbrella where commercial insurance would be needed.
Does comprehensive auto insurance cover transmission work?
Not unless the transmission was damaged in an auto accident. Auto Insurance does not cover maintenance nor does it cover normal wear and tear.
