When you drive a car, it is advised that you have some kind of auto insurance and, in some states, it is legally required. Car insurance comes in many levels and your state will have a policy minimum that you have to meet to drive legally. If you own a business, you need to have commercial car insurance on your vehicles to be sure that not only your property is covered, but your employees and yourself as well.
Some business owners believe that their own personal insurance or their employee’s insurance will cover usage of your vehicles that are used for the business. While you may be on this wave of thought, you need to know that if you do not have commercial auto insurance coverage, if something happens, you could be in financial danger. A claim could be denied if the company finds out that your vehicle is being used for business.
Whether you own a small or a large business, if you have any type of vehicles that are largely used for business, then you need to have commercial automobile or fleet insurance. This is especially true if your cars or vans are being used for paid transport of people, because if an accident occurs, you could be in danger financially. Hauling goods in your vehicle does not preclude your need for commercial insurance, however.
Whether you are transporting people, hauling goods, or using your business vehicles for another reason, commercial car insurance is a necessity. Protecting yourself against liability if you are found at fault for an accident can be well worth the premiums that you are facing paying. By talking to your insurance agent you can determine what type of coverage that you need to ensure that you are protected in case of an accident or other event.