[et_pb_section fb_built="1" _builder_version="4.0.9"][et_pb_row _builder_version="4.0.9"][et_pb_column type="4_4" _builder_version="4.0.9"][et_pb_text _builder_version="4.0.9"]<h2 class="h1 text-tc-blue-800 font-weight-bold" style="text-align: center;"><span style="color: #0a0a0a;"><strong>Why You Need Commercial Auto Insurance</strong></span></h2>[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row _builder_version="4.0.9"][et_pb_column type="4_4" _builder_version="4.0.9"][et_pb_text _builder_version="4.0.9"]<div align="center">
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<p style="text-align: left;"><span style="color: #0a0a0a;">Just as every personal vehicle is legally required to have car insurance, vehicles driven for business need to be insured, too. If you’re a small business owner, your personal car insurance may not cover you when you’re driving for work, and it definitely won’t cover a food truck or other special vehicle. <span>That’s where commercial vehicle insurance comes in. It covers accidents, damage and theft to company vehicles.</span></span></p>
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<h3 style="text-align: left;"><span style="color: #0a0a0a;">What Is Commercial Vehicle Insurance?</span></h3>
<p style="text-align: left;"><span style="color: #0a0a0a;">Commercial vehicle insurance covers a business’s vehicles, whether that’s a specialty vehicle like a catering truck or a regular car used for business. It’s also called commercial auto insurance. </span></p>
<p style="text-align: left;"><span style="color: #0a0a0a;">It steps in where regular auto insurance steps back: Most car insurance companies specifically exclude business use from their coverage.</span></p>
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<h3 style="text-align: left;"><span style="color: #0a0a0a;">Who Needs Commercial Vehicle Insurance?</span></h3>
<p style="text-align: left;"><span style="color: #0a0a0a;">If you’re a small business owner who uses their personal vehicle regularly for business—such as a florist delivering flowers—then you probably need commercial vehicle insurance. If your business has dedicated company vehicles, then you definitely need it.</span></p>
<p style="text-align: left;"><span style="color: #0a0a0a;">If you employ delivery drivers or couriers who use their own personal vehicles, then you’ll also need to buy commercial vehicle insurance for them, called non-owned vehicle coverage.</span></p>
<p style="text-align: left;"><span style="color: #0a0a0a;">Commercial vehicle insurance is one of the most common components of business insurance because it’s so necessary. If driving is part of your business, then you need some kind of commercial vehicle insurance.</span></p>
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<h3 style="text-align: left;"><span style="color: #0a0a0a;">Why Is Commercial Vehicle Insurance Important?</span></h3>
<p style="text-align: left;"><span style="color: #0a0a0a;">Driving without insurance is illegal. If your personal coverage excludes commercial driving, then you’ll be uninsured when you’re driving for business—which means you could face major fines or other penalties.</span></p>
<p style="text-align: left;"><span style="color: #0a0a0a;">Driving uninsured is also a bad business decision. If you wreck an uninsured vehicle, you’ll need to replace it yourself, which cuts into your business’s bottom line. If a commercial vehicle is involved in a crash that injures others, the cost could soar even higher.</span></p>
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<h3 style="text-align: left;"><span style="color: #0a0a0a;">Is Commercial Vehicle Insurance Legally Required?</span></h3>
<p style="text-align: left;"><span style="color: #0a0a0a;">Commercial vehicle insurance is mandatory for all your business’s vehicles. It’s one of the most crucial parts of business insurance and you should never drive for business without it.</span></p>
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<h3 style="text-align: left;"><span style="color: #0a0a0a;">What Does Commercial Vehicle Insurance Cover?</span></h3>
<p style="text-align: left;"><span style="color: #0a0a0a;">You can mix and match commercial vehicle insurance based on your vehicle and your business’s size and niche. Commonly, commercial vehicle insurance can include:</span></p>
<figure data-asset-id="efe7920c-311b-4317-97af-0bb0d9b589c9" data-image-id="efe7920c-311b-4317-97af-0bb0d9b589c9" style="text-align: left;"><span style="color: #0a0a0a;"><img src="https://assets-us-01.kc-usercontent.com/0542d611-b6d8-4320-a4f4-35ac5cbf43a6/5bb38252-5625-4cb8-a29e-09edd1d2cc97/what-does-commercial-vehicle-insurance-cover.png" data-asset-id="efe7920c-311b-4317-97af-0bb0d9b589c9" data-image-id="efe7920c-311b-4317-97af-0bb0d9b589c9" alt="What Does Commercial Vehicle Insurance Cover?" /></span></figure>
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<li><span style="color: #0a0a0a;"><strong>Collision</strong><strong>: </strong>Covers costs related to a collision, like repairs to the vehicle.</span></li>
<li><span style="color: #0a0a0a;"><strong>General liability</strong><strong>: </strong>Covers damage to property or injury to others involved in a collision with the business's vehicle. </span></li>
<li><span style="color: #0a0a0a;"><strong>Comprehensive</strong><strong>: </strong>Covers damage not related to a collision like fires, vandalism or fallen objects like trees.</span></li>
<li><span style="color: #0a0a0a;"><strong>Loss</strong><strong>: </strong>Covers costs if the vehicle is stolen.</span></li>
<li><span style="color: #0a0a0a;"><strong>Owned vehicles:</strong> Covers all aspects of vehicles owned under a business's name.</span></li>
<li><span style="color: #0a0a0a;"><strong>Non-owned vehicles: </strong>Covers vehicles not owned by the business but driven by its employees, like a salesperson's personal car.</span></li>
<li><span style="color: #0a0a0a;"><strong>Hired car: </strong>Covers any vehicles that are rented by a business.</span></li>
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<p style="text-align: left;"><span style="color: #0a0a0a;">Commercial vehicle insurance is highly customizable. If you have a unique vehicle or other special considerations, an insurance agent can help craft a commercial vehicle insurance policy that’s specific to your business’s needs.</span></p>
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<h3 style="text-align: left;"><span style="color: #0a0a0a;">How Much Does Commercial Vehicle Insurance Cost?</span></h3>
<p style="text-align: left;"><span style="color: #0a0a0a;">Broadly, the cost of commercial vehicle insurance depends on the type of vehicle, who’s driving it, and whether you’ll be carrying any passengers. More specifically, these factors can all drive up the cost:</span></p>
<figure data-asset-id="512b865d-6907-4206-8e99-3864de919057" data-image-id="512b865d-6907-4206-8e99-3864de919057" style="text-align: left;"><span style="color: #0a0a0a;"><img src="https://assets-us-01.kc-usercontent.com/0542d611-b6d8-4320-a4f4-35ac5cbf43a6/96bdf04f-ef6b-400a-9774-090cf5f594c6/commercial-vehicle-insurance-cost-factors.png" data-asset-id="512b865d-6907-4206-8e99-3864de919057" data-image-id="512b865d-6907-4206-8e99-3864de919057" alt="How Much Does Commercial Vehicle Insurance Cost?" /></span></figure>
<p style="text-align: left;"><span style="color: #0a0a0a;">The cost of commercial vehicle insurance varies widely. Expect it to cost at least $1,000 per vehicle annually, with specialty vehicles costing at least tens of thousands per year to insure.</span></p>
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<div align="center" style="text-align: justify;"><span><span style="color: #000000;">To read the full article, </span><span style="color: #cc6206;"><a href="https://www.google.com/url?q=https://www.trustedchoice.com/commercial-vehicle-insurance/&amp;sa=D&amp;source=editors&amp;ust=1618271488347000&amp;usg=AFQjCNGphRIryzC4JXTtKt8emIYCHuwuUA" style="color: #cc6206;">click here</a></span><span style="color: #000000;">.</span></span></div>[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]