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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.

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14y ago

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I need to purchase commercial auto insurance?

First you must find a company that provides commercial auto insurance. It is best to call multiple companies in order to find the best rates.


Can you get insurance on auto that is not in your name?

You can pay for insurance on an auto that is not yours...but the policy must be the titleholder's policy.


How can I get into the auto insurance business?

You must get a master degree and additional license to get into the auto insurance business.


How do you get auto insurance license in Texas?

Anyone who wants to sell auto insurance in Texas is required to take an insurance licensure exam. At first, you need to decide if you want to sell Personal Auto Insurance or Commercial Auto Insurance because these are two different licenses. You must have an educational background related to Finance, Marketing, Economics, Accounting, or Business Administration. Auto insurance is important to protect yourself, your cars, and other people on the road. The Texas Department of Insurance websites provides links to accredited online exam providers.


Is auto insurance cheaper for businesses or for individuals?

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.


How long do you have to get auto insurance after purchasing a car?

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Do you have to get auto insurance when you get your license?

No. You need not get insurance when you get a drivers license, but you must get insurance when you buy your own vehicle


Can you carry homeowners insurance on company property?

Commercial property cannot be covered by homeowner's insurance. Commercial property insurance must be purchased for that category of property.


What's the law in Georgia about drivers having auto insurance?

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Must an insurance card be carried in a commercial vehicle?

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How hard is it for a teenaged driver to get auto insurance in Rhode Island?

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When you are in an auto accident with no insurance will the other persons insurance pay for their cars damages?

Their insurance policy will pay for their own car. However you must know it's against the law not to have insurance coverage for your auto.