Vehicle Insurance for Business — It's Not Personal


While the types of insurance coverage provided by personal and commercial auto insurance policies are essentially the same, there are important distinctions. Typically, commercial auto insurance policies have higher liability limits, for example $1 million. They also may have provisions that cover rented and other non-owned vehicles, including employees’ cars driven for company business.


Several factors determine whether a vehicle used for business should be covered by a personal or commercial policy. Key questions to consider:

You should discuss these matters with a licensed insurance agent knowledgeable about commercial auto insurance.


Commercial Vehicle Insurance Tips and Considerations