A Commercial Auto Insurance
When a vehicle is utilized for business purposes and meets specific criteria, a commercial auto insurance policy is generally necessary. It’s important to note that the requirement for business automobile insurance is not solely determined by registration. Factors such as ownership by a corporation, usage in hauling goods for hire, and the vehicle’s gross weight also play a role. However, certain circumstances may allow for small trucks to be owned and insured under a personal automobile insurance policy.
Unlike private passenger policies, commercial automobile insurance policies are not subject to pricing regulations. This means that insurance companies compete on pricing to offer competitive rates for reliable commercial auto insurance coverage.
Simpli-Insured offers free, comparative quotes on Commercial Auto Insurance from multiple insurance carriers so you
can get the best possible rate.
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