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Car Insurance For Business Vehicles

What Commercial Auto Insurance Does Not Cover

What is Commercial Auto Insurance?

To get the best commercial auto insurance coverage, you need to understand what kind of coverage is available. Commercial auto insurance doesnt cover accidents that involve personal vehicles or leased vehicles. Your business must own the vehicle outright to be eligible for coverage.

Medical expenses that are unrelated to the accident are not covered. If your employee is injured while driving on the job, any doctors visits related to the accident are covered. If the same employee makes another appointment because they have the flu, the insurance company will not pay for it.

The contents inside the company vehicle are not covered by your policy either. You can protect any tools, electronic equipment, or other expensive items you use for business with additional commercial property insurance. Commercial auto insurance may provide reimbursement if you have to purchase a rental car after an accident. It wont cover any losses related to the rental.

If you or an employee is driving a personal vehicle for business purposes or your business is leasing a vehicle, consider getting hired and non-owned insurance . Otherwise, your business could be held responsible if anyone from your company gets into an accident during business hours. HNOA covers:

  • Vehicles rented by a business
  • Employee-owned vehicles
  • Vehicles leased by a business

Drivers who work for Uber and Lyft will need to get rideshare insurance added to their personal auto insurance policy.

What Types Of Coverage Can I Get With A Business Automobile Policy

Your BAP should include property damage and liability coverage. If you are leasing or making regular payments on the vehicle, different coverage types may be required.

Collision: Collision coverage often can only be used in combination with comprehensive and liability coverages. Collision compensates the insured for damage to the vehicle caused by a traffic accident or striking a static object, such as a fence or telephone pole. Collision won’t cover you for falling objects or theft. Collision with another motorist or with a building is covered under collision even if you’re at fault.

Comprehensive: Comprehensive coverage covers damage to the car from events out of the driver’s control. This includes damage from theft, vandalism, natural disasters like tornados, hurricanes, earthquakes, striking an animal in the road, and falling objects such as tree branches or hail.

Liability: Liability coverage compensates for injuries sustained by another person and damages to another’s property. If a driver for your company injures someone in a traffic accident and that person files a claim against the company, liability insurance will help pay for the claim. Most states require liability in their car insurance minimums. Liability insurance doesn’t have a required deductible, so you can choose your deductible based on your level of risk. In some states, your BAP liability coverage will not cover you if a driver is guilty of reckless driving or driving while impaired.

What Does Commercial Car Insurance Cover

While most states require drivers to have personal car insurance and for businesses to have commercial auto insurance, there are differences in the types of policies.

According to, key features in a commercial auto policy include:

  • Non-owner coverage: When a business owner owns a vehicle that they use for their business and lets employees drive it, the owner will have non-owner coverage in their business car insurance policy.
  • Equipment and supplies: Depending on the insurance policy you get and the carrier, a business owner can get coverage for damaged or stolen equipment and supplies within a covered vehicle.
  • Loading and unloading liability: If an employee gets hurt when loading or unloading the content of a covered vehicle, most commercial auto insurance policies will help to cover any doctor or medical bills incurred.

When your business has commercial car insurance, the policy will cover you or your employees during the time that the business vehicle is being used. While you have car insurance on your personal vehicle as required by the majority of states, you’ll need business car insurance as well.

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What Factors Affect A Total Loss Car Insurance Settlement

When an insurance carrier determines the settlement offer for your totaled vehicle, it considers several factors, including:

  • Age of the vehicle: All cars depreciate over time, so youll likely get less than what you initially paid even if the vehicle is totaled shortly after purchase.
  • Condition of the vehicle pre-accident: Insurers will consider any damage to the exterior or interior of the vehicle before the crash, as well as the cars history of mechanical issues.
  • Mileage: The number of miles on your vehicle affects the car’s value.
  • Additional features: Most vehicles are worth more if they have extra features like back-up cameras, lane-changing sensors, leather interiors or heated seats.

Protect Your Business On The Road

Commercial Auto Insurance insures your vehicles for physical damage and ...

With Travelers, you can expect your Commercial Auto Insurance policy to provide:

  • Liability Coverage* protection for bodily injury and property damage to others with limits of up to $1 million
  • Physical Damage Coverage* protects an owned vehicle against accidental loss or damage
  • Collision Coverage covers losses resulting from the collision of your covered vehicle with another object or the overturn of a covered vehicle.
  • Comprehensive Coverage covers losses resulting from any cause of loss other than a collision or overturn. Collision with an animal or bird is available under this coverage.

*Exclusions apply

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What Are Some Misconceptions About Hipaa Laws And Rules

There are some myths about HIPAA laws and rules for employers. The HHS sets the record straight on its site that HIPAA doesn’t:

  • Prevent an employer from asking for a doctor’s note for an absence, although this practice may create other exposures for employers.
  • Affect your ability to request information needed to administer benefits programs, such as healthcare coverage, workers’ compensation claims, or sick leave, although employers should consider other risk factors around these types of requests.
  • Cover all employee benefit information. For example, employee life insurance, disability and workers’ compensation, and wellness programs are generally not covered under this legislation.
  • Cover protection of data maintained in employment records. HIPAA rules for employers only apply to medical or health plan records of employees participating as a member of the company’s healthcare plan.

Get Free Commercial Auto Insurance Quotes

Get Covered for Personal Injury, Vehicle Damages with Commercial Auto Insurance

Commercial auto insurance provides coverage for vehicles like vans, cars, and trucks used for business purposes. It covers legal expenses, medical bills, liability, and property damage related to company vehicles accidents.

Service utility vehicles or fleets of delivery trucks are obvious candidates for business car insurance, but many small businesses need it as well. Anyone who uses their vehicle for business should protect their assets with commercial auto insurance.

Need to find cheap commercial vehicle insurance online? Its quick and easy to shop with EINSURANCE. Enter your zip code above to get an instant business auto insurance quote and compare prices.

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Difference Between Private And Commercial Car Insurance

Team AckoOct 14, 2022

Insurance is an effective tool to cover your financial expenses in case of damages to your car. Whether it is a personal car or a commercial car, motor insurance is essential when it comes to safeguarding your car from possible losses or damages. Insurance for your car should be based on the risk factor. A commercial car may run more than a personal car and that will require different coverage for accidental damages or losses. It helps to be aware of the important factors of both commercial car insurance and private car insurance. Read on to learn about the difference between private and commercial car insurance and factors affecting both types of car insurance policies.


  • Frequently Asked Questions About Commercial and Private Car Insurance:
  • Who Does Hipaa Apply To

    Discovery Business Insurance for heavy commercial vehicles

    Health care is one of the most highly regulated industries when it comes to the protection of private information. Patients and employees have come to expect that medical practitioners and other healthcare companies have adequate measures in place to protect their personal data. Employers may also be subject to privacy regulations that fall under HIPAA if they are considered a covered entity or business associate, or through the administration of a group health plan. Employers need to understand any applicable HIPAA rules particularly during public health emergencies such as the COVID-19 pandemic and put the correct tools and protocols in place to protect their employees’ health information.

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    Understanding Commercial Auto Insurance

    Before choosing insurance for your commercial vehicles, wise buyers should spend some time researching the coverage options and learning about the commercial auto insurance market. This section will cover the basics of commercial auto insurance, including the coverage, costs, and requirements. Afterward, well review all of the top providers and what makes them stand out. Also, if you want to learn more about other forms of construction insurance policies, make sure to check out our complete guide to the different types of construction insurance.

    Is Commercial Auto Insurance Cheaper Than Personal Car Insurance

    No, commercial auto insurance is almost always more expensive than personal car insurance. Policies that cover just your own car, or your familys couple of cars, typically offer protection against collisions, personal injuries and medical payments but they dont take into consideration the much riskier situations dealt with by commercial auto insurance.

    When youre transporting people or goods or providing a service with your vehicle, youre at risk for claims to be brought against you for property damage or injured parties. Commercial auto by necessity has higher liability limits, which ends up costing you more every month than you pay for your own personal vehicle.

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    Am I The Owner Of The Vehicle Or Is It Registered To My Business

    The vehicle listed on your commercial auto policy can be registered to your name or the name of your business.

    Note that anyone who regularly drives your vehicle should be listed on your NEXT commercial auto policy.

    Other drivers can occasionally use the vehicle and still be protected by your coverage but they might not be covered if it is revealed they regularly use the vehicle for your business.

    Do I Have To Use The Body Shop Progressive Recommends To Repair My Commercial Vehicle

    The rise in the number of commercial vehicles also demands that you ...

    No. No matter what type of commercial vehicle you have, the shop you choose for repairs is your decision. You can choose your own shop or one of ours. For heavy vehicles, like semi-trucks, we maintain a countrywide network of over 100 specialized shops. Each has been evaluated for work quality, speed and reliability. Additionally, Progressive provides a Limited Lifetime Repair Guarantee for repairs completed at one of these shops.

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    What Is The Risk If I Dont Have Commercial Auto Insurance For My Business

    If you dont have commercial auto insurance for your business, you may be vulnerable to financial risk when accidents happen. Thats because typically, a personal auto policy doesnt cover your business vehicles. Here are a few of the risks you and your business may face without commercial auto insurance:

    • No liability coverage
    • No coverage for any vehicle repairs
    • No coverage for legal expenses
    • No comprehensive coverage for unrelated damages such as theft, vandalism or hail

    Does Commercial Auto Insurance Cover Personal Use For My Own Vehicle

    Yes, if your vehicle is covered by our commercial auto insurance it will be protected when driven for personal or work use.

    For example, if you use that vehicle for your registered business to get to job sites and you sometimes use it on the weekends to haul your fishing gear, commercial car insurance would cover your fishing trips.

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    Commercial Auto Insurance Costs

    As with most forms of insurance, the cost of commercial auto insurance is highly dependent on the situation. However, most major insurance providers offer commercial auto policies, and similar ones at that, so the quotes youll receive are often similar between providers.

    The cost of an insurance policy is captured in its monthly premiums. The more coverage, the higher the monthly premiums will be. A basic policy for a passenger vehicle that merely meets the state requirements will be significantly cheaper than, for example, a policy with over $1 million in coverage that protects specialized construction vehicles like cement mixers.

    Do I Need Business Car Insurance To Claim Mileage

    How to Get Rental Car Insurance for your Business ( Giveaway Winner Announced )

    Yes, youll need to have business car insurance to claim mileage.

    If youre employed by a company and you use your car for work, you should be able to claim for reimbursement for the miles youve driven for work. For the first 10,000 miles driven, you can claim back 45p per mile under HMRCs Mileage Allowance Payments scheme. For any miles driven over the 10,000 threshold youll get 25p per mile.

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    Will My Personal Auto Policy Cover Business Use

    Your personal auto policy provides coverage for some business use of your vehicle. Similarly, your employees personal auto policies cover some business use of their vehicles too .

    Even if not specifically excluded, how you use your vehicle may not be an acceptable risk to the insurance company under a personal auto policy. The insurance company may charge additional premium for certain business use or refuse to insure or cancel policies when the use presents too much risk. In these cases, a commercial auto policy may be the best solution.

    If a vehicle is used primarily in business, there is likely no coverage under a personal auto policy. If you use your personal vehicle for work occasionally, your personal insurance carrier might be able to tailor your policy to reflect this usage. If the vehicle is owned by a business, there will be no coverage under a personal auto policy. A commercial auto policy would need to be purchased.

    The personal auto policy, whether yours or your employees, may not have enough coverage to protect your business. For example, imagine you are driving your car to a business meeting while having an intense conversation on your cell phone with one of your sales reps. By the time you notice a van ahead of you has stopped to make a left turn, its too late to avoid a collision. The driver and five passengers are injured in the accident. They sue you and your company.

    Business Car Insurance: Everything You Need To Know

    When owning or running a business, having the right auto insurance is a must. When you’re shopping for car insurance for your business, be sure to do your research to guarantee you have the right coverage for every vehicle in your fleet.

    When owning or running a business, having the right auto insurance is a must. When you’re shopping for car insurance for your business, be sure to do your research to guarantee you have the right coverage for every vehicle in your fleet. Business car insurance differs from personal insurance policies in that it covers the commercial use of vehicles. Understanding what business insurance is, knowing how much it costs, and getting a quote will make running your business just that much easier.

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    Wage And Hour Regulations

    Based on listening sessions held in mid-2022, its anticipated that the USDOL will release proposed changes to the federal overtime regulations. The changes would reflect the current labor market, including an increase in the salary threshold for exempt workers. Paychex will continue to monitor the situation to help businesses navigate any additional regulatory compliance issues that could result from the changes.

    At the state and local level, the wage and hour landscape remains active with minimum wage increases taking effect in almost half the states. All but a few of these increases already were scheduled to be implemented, but in Nevadas case, its two-tiered minimum wage that factored in whether businesses provided qualifying health benefits was put to the voters in 2022. The ballot measure to establish a $12 minimum wage regardless of health benefits offered passed and will take effect July 1, 2024.

    In Michigan, the 2023 minimum wage will depend ultimately on the outcome of ongoing litigation.

    In certain jurisdictions, the elimination of sub-minimum wage and tip credits is also shaping the narrative around wages.

    Opponents of the law filed a voter referendum to block the law, securing more than the required number of verified signatures by Dec. 5, 2022, to block the law potentially from taking effective Jan. 1, 2023, and putting it as a ballot measure in the 2024 general elections.

    How Commercial Car Insurance Works

    Maturi Insurance

    Commercial car insurance is designed for scenarios that are specific to a business and its needs. For example, you may need to have nonowned vehicle coverage as part of your policy if you have employees who drive company cars or trucks. If you’re self-employed and drive your vehicle exclusively for business, then you’d need a commercial policy that covers it.

    Again, commercial car insurance can include coverage for both liability and collision damage. Your liability coverage limits may be higher than what you’d typically get with a personal insurance policy. That’s a good thing if you’re worried about your business being sued because of an accident involving yourself or one of your employees.

    Aside from liability and collision benefits, commercial car insurance can also include coverage for things such as:

    • Medical payments or personal injury claims resulting from an accident
    • Damage related to theft, vandalism, falling objects, or weather events
    • Damages caused by uninsured or underinsured drivers
    • Trailers that are used in conjunction with business vehicles
    • Rental vehicle costs if you need to rent a temporary replacement vehicle for your business
    • Rental vehicles used to transport employees or clients
    • Employee vehicles that are used for business purposes

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