Commercial auto insurance is mandatory in the vast majority of states. There are a lot of people who use their own vehicles for commercial purposes as well as for personal. Smaller home based businesses are also using commercial vehicles to a great extent and this segment of the market is currently on the rise.
Liability coverage is a must and the policy should carry the state specified minimum amount of bodily injury and property damage liability as indicated in minimum state requirements.
Quite many business owners purchase the necessary liability coverage above minimum limits and choose to include other types of coverage such as comprehensive and collision as well. Some business owners even include underinsured and uninsured motorist coverage to their commercial policies too, taking the fact that there are so many drivers with no insurance coverage on their cars out there on the road.
The most weight in the final rates will have such factors as the amount and type of coverage to be included into the policy, the location of the business (traffic, theft rates and repair costs), as well as the actual driving record of the employee (or employees) who will be driving the commercial vehicle.
As you can see commercial auto insurance cover a lot of things. Get free online commercial auto insurance quote and we'll contact you. You can buy commercial auto insurance policy in our office in Buford, GA.