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Whether your business is large or small, you need commercial auto insurance for any vehicles you use for business purposes. This type of insurance can provide the same types of protection for your business vehicles as your personal auto policy provides for your personal vehicles: * Liability insurance to cover damages and injuries your vehicles cause to others * Comprehensive and collision to cover repairs to your vehicles * Personal injury protection to cover your driver's medical bills * Uninsured motorist insurance to cover your drivers and vehicles when hit by an uninsured, underinsured, or hit-and-run driver. Buying Tips Buying commercial auto insurance can be a little more complex than buying personal auto insurance, depending on such factors as: * How many vehicles the business owns * Who drives the vehicles and what their driving record is * What type of vehicles the business owns * Whether the vehicles are also used for personal use Specific coverage requirements vary from state to state, so you'll want to visit your state’s Department of Insurance website to see what the requirements are. Some specific tips include * List your business name, not your own name, on the policy as the principal insured * Run Motor Vehicle background checks on all drivers to make sure they have a good driving record * Ask your insurer about discounts your business may qualify for Comparing Rates and Plans You want the best rate possible, which means you need to spend some time comparing quotes from different companies. To make it easier to compare quotes, you can go to an insurance comparison website. Here, you'll complete an online questionnaire with information about your business vehicles and your insurance needs. On the best insurance comparison websites, insurance professionals are on hand to answer all your questions and advise you on how to get the best rate. (See link below.) Once you submit your questionnaire you'll receive quotes from multiple A-rated insurance companies. As you compare the quotes, make sure you look at more than just the price. Also look at the ... * Coverages offered * Reputation for customer service * Procedures for handling claims Visit http://www.LowerRateQuotes.com or click on the following link to get commercial auto insurance rate quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section. The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written a number of articles on commercial auto insurance.
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