If youre self-employed or.

Do i need both commercial and personal auto insurance. At a high-level personal and commercial auto policies do the same thing they provide you with protection against common threats. Personal Auto Insurance Doesnt Cover Business UseTake a minute to actually read your individual insurance coverage paying very close attention to the page about exemptions. One or multiple cars big fleets or trucks no matter the kind of wheels your business relies on youll likely need commercial insurance.

Get basic auto coverage and consult with your insurance broker to choose the right amount of liability coverage in case you accidently hurt someone or damage their property. To make it more affordable auto insurance companies provide different payment options as per the budget of the driver. Commercial vehicle coverage can help protect you and your business against property damage injury and liability claims that may arise with the use of your vehicle.

Youll likely notice that it clearly omits protection. If your business owns a vehicle it must be covered by commercial auto insurance. You can choose the level of coverage that works for you to ensure your vehicles are protected if ever an incident happens.

Now that you know the differences between personal and commercial auto insurance you have a better idea of what kind of coverage you need. Each has options to purchase full coverage or liability insurance covers the same incidents like hurricane damage and medical expenses and youll still need to file auto claims in the same fashion. Where they differ is in the type of threats plan limits and types of policies available.

If your work does not extend commercial auto insurance towards employee vehicles then you need to buy commercial auto insurance. However if the vehicle belongs to a business or to your employer commercial auto insurance is probably required. Whether you have a single utility van an entire fleet of delivery trucks or a garage operation you need the right protection with a commercial auto insurance solution based on your unique needs.

Personal vs Commercial Auto Insurance. You may need a commercial auto insurance policy for any vehicle you use for business because personal auto insurance policies will not cover business use. The type of policy you need also depends on how often the vehicle is used and what its used for.