How Much Does Commercial Auto Insurance Cost?
Business owners tend to have a lot of questions when it comes to commercial auto insurance—but the most common one is: How much does it cost?
The short answer? It depends. Commercial auto insurance can vary quite a bit from one policy to another based on the kind of protection your business (or your driver) needs. Makes sense, right?
What Affects the Cost?
There are a few key factors that influence how much you’ll pay:
• Location of your business
Where you’re based—and the state your business operates in—can impact your rate.
• How the vehicle is used
For example, a car that’s driven every day on busy city streets will cost more to insure than one that’s only used a couple of times a week out in the countryside.
These are just a couple of examples, but they show how important it is to tailor coverage to your specific situation.
A Couple of Important Reminders
1. Personal policies don’t cover business use.
If you’re using a vehicle for work, you need commercial auto insurance—plain and simple.
2. Minimum coverage is required.
Every vehicle on the road must meet state insurance requirements. But to truly protect your business, it’s smart to review what kind of coverage you actually need.
Not Sure Where to Start?
The best way to find the right commercial auto insurance (and make sure you’re not overpaying) is to talk to a trusted insurance agent.
We’d be happy to help you review your options!
Give us a call at (516) 558-7181 or visit https://vanderbeckagency.com to get started.
