What Every Georgia Business Owner Should Know About A Commercial Auto Insurance Policy

When many people think of a commercial auto insurance policy, they may think of big vehicles such as semi-trucks, box trucks, garbage trucks, etc. However, there are many variations of vehicles that would qualify for a commercial auto insurance policy.

How to Determine If You Need a Commercial Auto Insurance Policy

1. If you're using your vehicle to transport business equipment.
2. Freight transportation- Is your vehicle used to transport non-owned goods? If so, you need a commercial auto policy. 
3. Towing vehicles
4. Delivering food or goods- Amazon drivers, food delivery drivers, etc.
5. Using your vehicle to transport passengers for a fee- Uber, Lyft, taxi, limo, bus, etc.
6. If your vehicle is owned by your business or used over 50% of the time for business purposes. 
7. If your vehicle is over 10,000 lbs., you may need a commercial auto policy.

How Is A Commercial Auto Insurance Policy Different Than My Personal Auto Insurance?

Since your vehicle is being used for business purposes, there are different risks that need to be insured. Additionally, the rating system used by companies is entirely different than a personal auto policy.  Each commercial policy needs vary, so contact us to help evaluate what type of coverage and limits your business needs. For Georgia business owners with many vehicles to insure, business auto fleet policies are available. Additionally, consider adding a commercial umbrella policy above and beyond your standard commercial auto policy to protect your business from a catastrophic vehicle accident claim.

How Much Does Commercial Auto Insurance Cost?

Just like your personal auto insurance policy, a commercial auto insurance policy is rated on many factors. Here are a few common examples of what could determine your insurance rate.

• Driving records
• Driver age
• Credit history
• The size & type of your vehicle
• The number of vehicles you are insuring
• What you plan to transport
• Your industry
• How your vehicle(s) are used
• Vehicle radius of operation

Not Sure What Kind of Coverage You Need for Your Business?

That is where we can help.  Our agents at the Roberts Insurance Group can help determine what type of coverage will be the best fit for your specific needs. If you plan to use your vehicle for business and personal purposes, we can help you determine an appropriate type of policy. If you are only looking to cover your vehicle for business use, we can help find you the best rate. We will explain all of your options so you understand your policy. Get a free commercial auto insurance quote by calling or emailing us.

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