If you use your car for business purposes, such as deliveries of its small home business or visiting contacts, then you need to buy a commercial auto insurance for your car. Personal auto insurance policies may deny coverage if the car is used for commercial purposes, as they generally cover only regular daily use of vehicles (ie, traveling to and from work and travel for reasons of leisure). This exposes the owner of a small company to serious financial loss if the vehicle is involved in an accident.

Commercial automobile insurance, such as traditional car insurance covers the repair or replacement of a vehicle damaged in an accident and bears the cost of claims for injuries or property damage by third parties. There are three types of coverage available: private business use and sporadic, intermittent use covering the car for commercial purposes, provided the car is not registered for commercial purposes and does not represent a significant portion of their income from business, private and commercial use covering customary use of the vehicle for business purposes by the regular driver or any driver named, and commercial coverage, which provides coverage to the driver who uses his personal vehicle as part of their work. You have to apply for the type of coverage you need. If your staff also use their personal vehicles at work, you should also take out “not owned car” policies, providing coverage every time a company uses a vehicle that is not his name, including owner’s personal car business.

The easiest way to get car insurance quotes is the official business of the insurer. Be sure to prepare all the required information, such as the number of each driver license holder and his driving record, the vehicle identification number and the make and model of each vehicle to be covered. Be sure to get quotes from at least three insurance providers to be able to assess the rates and other features and ensure you get the best value for your money. Read the rest of this entry »