Commercial auto insurance: the basics.
Commercial auto insurance provides coverage to vehicles used for business purposes.
Buying commercial auto insurance a good idea for both small and large business owners who use vehicles often for deliveries or transportation since it protects the policyholder's liability.
This type of insurance also covers business-specific needs: commercial insurance can pay for replacement cars, which can go a long way to ensuring that productivity doesn’t suffer.
Commercial auto insurance costs a lot more than normal auto insurance. Simply put, businesses face larger risks. Replacing an overturned transport truck carrying valuable materials costs more than replacing a private passenger vehicle, after all.