If you use a vehicle for your job or business, you might assume your personal auto insurance is sufficient. However, that assumption could lead to costly surprises. At Great Lakes State Agency in Okemos, MI, we often help business owners and professionals understand where personal coverage ends and where commercial auto insurance begins.
It’s About How the Vehicle Is Used
The key difference between personal and commercial auto insurance isn’t always who’s driving—it’s how the vehicle is being used. Personal auto insurance is designed for everyday activities, such as commuting or running errands. However, if you’re transporting goods, visiting clients, or using your vehicle as part of your workday, your personal policy may not cover accidents or damages that occur during business use.
Higher Risks for Business Use
Vehicles used for business purposes typically face higher risks. Whether it’s increased mileage, heavier loads, or more time spent on the road, the likelihood of accidents rises. Commercial auto insurance policies offer broader coverage options, including liability for employees driving the vehicle and protection for tools and equipment stored inside.
Protect Your Business Investment
If an accident occurs and you only have personal auto insurance, your claim could be denied—leaving you responsible for repairs, medical expenses, or even legal fees. Commercial auto insurance helps protect your business from these financial risks, providing peace of mind every time you hit the road for work.
Find the Right Coverage for Your Needs
Whether you run a small business or manage a fleet, having the right policy is essential. Contact Great Lakes State Agency in Okemos, MI, today to discuss your commercial insurance needs and ensure you’re fully protected where it matters most.
