The Purpose of Commercial Auto Insurance
Any business that uses vehicles for business purposes needs commercial auto insurance. Your personal auto insurance is not enough to insure a fleet of vehicles for a business. Also, commercial insurance usually provides coverage tailored to fit your business needs.
Anyone who uses vehicles for business purposes needs this insurance. This includes large companies with many vehicles as well as business people who drive their cars for business purposes. If the car is registered to the business, then it should be covered by commercial auto insurance.
How it Works
Commercial policies cover multiple vehicles and multiple drivers. If an employee is involved in an accident, then a claim must be filed just like with personal auto insurance. There are also different types of commercial coverage. Liability is for damage and injury inflicted by an employee driver during an accident. Collision protects the business vehicles against damage sustained in a crash and comprehensive protects vehicles from non-crash damage.
The main benefit of commercial auto insurance is ensuring your business's vehicles. It also protects your employees and your business. If a serious accident occurs, then you can handle it financially without risking your business or assets.