Insuring Business Insurance & Commercial Insurance Clients in Lake Elmo, Stillwater, Woodbury, St. Paul, Eastern Twin Cities, Minnesota as well as Hudson and Western Wisconsin
What is Commercial Auto Insurance?
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 business people 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 business auto insurance policy will depend on the kind of driving you do. We will talk 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 insurance policy differs from a personal auto policy in many technical respects. You may also want to consider a Business Owners Policy, commonly referred to as BOP. Contact us today to see what coverage fits best for the business you worked so hard for!
We can assist you in finding the commercial auto insurance policy that best suits the needs of your business. Call us today with any questions or concerns or to start the process of finding comprehensive coverage for your business.