COMMERCIAL AUTO INSURANCE

Business doesn’t happen in a vacuum. Many businesses require the use of a fleet or company vehicles. If you’re one of them, consider getting a Commercial Auto policy from an insurer who will put your needs first — T.M. Ryder Insurance Agency.

Why Commercial Auto Insurance Is Important

As a business owner, you need the same kinds of insurance coverages for the car you use in your business as you do for a car used for personal travel — liability, collision and comprehensive, medical payments (known as personal injury protection in some states) and coverage for uninsured motorists. In fact, many businesspeople use the same vehicle for both business and pleasure. If the vehicle is owned by the business, make sure the name of the business appears on the policy as the “principal insured” rather than your name. This will avoid possible confusion in the event that you need to file a claim, or a claim is filed against you.

Whether you need to buy a Commercial Auto Insurance policy will depend on the kind of driving you do. A good insurance agent will ask you many details about how you use vehicles in your business, who will be driving them and whether employees, if you have them, are likely to be driving their own cars for your business.

While the major coverages are the same, a business auto policy differs from a personal auto policy in many technical respects. Ask your insurance agent to explain all the differences and options.

If you think you may need Commercial Auto Insurance, contact us and let us help.