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24
Feb
2011
3 Things to Know About Commercial Auto Insurance
If you use a vehicle for your business, you don’t want to jeopardize your own personal auto insurance coverage.
- If you’re a business owner and you have a vehicle owned by the business, then the business name should be on the policy not your name. This will ensure that if a claim is filed it is filed under the business and not in your name.
- If employees drive their own vehicles for businesses proposes, commercial auto policy will act as secondary coverage if the employee’s own policy does not provide sufficient coverage. This is called non-owned auto insurance.
- Commercial auto insurance will cover rental cars used on business trips if in an accident.