You will need an insurance license and the associated traiing to open an auto insurance business
You will need to be trained and licensed to sale insurance. You can get training with the insurance company you would like to represent.
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.
Auto collision insurance weiver of deductable
No.. but you should "declare" business use and mileage to your insurance carrier to avoid problems with a claim down the road.
you only need auto insurance if you driving. upon buying a car, you should get insurance.
Most personal auto insurance policies will exclude business use of your personal auto. So the answer is you most likely will need a separate business auto policy if you are using your auto for business. There are a few exceptions to this. Some personal auto insurance policies do have a business use class that was intended for the accountant, lawyer, counsultant type who drives from client to client all day long. Or possibly even a real estate agent might find coverage on the personal auto policy. Each insurance company has different rules on what types of "business use" they will tolerate. The best thing to do is call your agent and discuss the possibilites with him/her. And I always recommend, the best place to be is an independent agent. Independant agents have access to several insurance companies and can shop your insurance for you to find the best fit for your needs.
You do need to have insurance to actually purchase an auto. You will however need auto insurance to drive the car off of the lot. Insurance is also required prior to registering a vehicle.
A Business owners package policy should cover your studio for some property and the liability of your product and premesis. You might need to add on property coverage for your products if they are expensive or you maintain a lot of inventory and I would be careful about how you value it for insurance purposes. If your business has employees you need work comp, if you have vehicles for the business you need to get commercial auto insurance.
Your auto insurance covers the trailer as well so there is no need for travel trailer insurance.
Good news, you do not need to go to college to become an auto insurance specialist! Spend your money on partying and having a good time. Apply for employment at one of the auto insurance companies you would like to work for and they will send you to an entire month's training so you will be very prepared to answer all those troublesome questions people ask.
the need for developing insurance business in Nigeria
Yes. They are different.