Business Vehicle Insurance
Business owners are required to carry the same insurance coverages for a car used by the business as is required for a car used for personal travel — liability, collision and comprehensive, medical payments (aka personal injury protection) and coverage for uninsured motorists. Many business people use the same vehicle for both business and personal use, but If the vehicle is owned by the business, the name of the business mst be listed on the policy as the “principal insured” to avoid possible confusion should you need to file a claim or a claim is filed against you.
Whether or not you need business auto insurance will depend on the kind of driving you do. There are numerous details an experienced agency need to determine regarding the vehicles in your business, including who will be driving them and whether employees, if applicable, may be driving their own cars for your business.
While the major coverages are similar, a business auto policy is different from a personal policy in many ways, so make sure your agent explains the differences and the best options for your specific needs.