If you use an automobile in the service of your business, any auto whether it (or they) are personal cars or cars owned by the business, you are highly advised to investigate the need for commercial auto insurance. Commercial auto insurance provides protection for your business in the event of accidents, property damage, theft or vandalism.
Unfortunately, the potential for liability that can arise as a result of your or your employees driving company vehicles are endless and can include injuries to the employee or other individuals. If an employee causes damage with a company car, additional damage may be your company’s responsibility as well.
If you use your car frequently for business purposes, then your personal auto coverage may not provide coverage in the event of a loss. Certainly if your business owns a fleet of vehicles, you need a commercial auto policy. However, be sure that your commercial auto insurance quotes are very clear and that they specify all of the policy limits and coverage levels. Financial loss as a result of an auto accident or injury can often be more than a business can bear.
Commercial auto insurance brokers can design an insurance policy that will protect their vehicles and cover any liability that could occur during the course business operations. Be sure that you shop around for your business auto insurance quotes, contact TriState Business Insurance.