If you use your own personal car, truck or van for business
purposes, you need to discuss the best way to insure this
vehicle with your agent. We’ll ask several questions about
the usage, what percentage of the time is business vs.
personal, radius of driving distance, other potential drivers
and how it is registered. Often, a ‘business use’ private
passenger vehicle can be insured under a personal auto policy. However, that is not always the case and never with true commercial vehicles such as semis, dump trucks, vehicles over 10,000 lbs, etc.
If your private passenger auto, truck or van is considered a commercial vehicle, you have most of the options for coverage as you would have for your personal auto plus other options designed for the commercial risk. You would, of course, have bodily injury and property damage liability and coverage is usually available up to $1,000,000. You also have the option for medical payments coverage, uninsured/ under-insured motorists coverage & physical damage coverage for the vehicle itself.
If you register your vehicle under a company name, it must be insured under a commercial auto policy.
Do you have the correct coverages to protect the business you've worked so hard to build? Let The Davis Group compare the rates & coverages of over 100 specialized carriers to provide the best policy for your business!