Insurance Info

If you run your own business then you probably already realise that the insurance policy you take out to protect you and your business will be different to regular domestic insurance cover. In this kind of scenario your needs may actually be met by a specialist commercial insurance policy.

This may seem quite straightforward but finding the right kind of commercial cover may not be as easy as it seems at first. Not all businesses are the same – they operate in different sectors and have different insurance risks and needs. If your business is considered a high risk, for example, by insurance companies, then the cover on offer may not actually meet all of your needs and may fail to give you adequate levels of protection. Continue reading ‘A Guide to Commercial Insurance’ »

When you own an independent business or are self-employed, sometimes it can be difficult to decide if you need personal or commercial auto insurance. Many people make the mistake of thinking that commercial insurance is just for businesses. This is false – it depends on the type of vehicle you own, and how you use it. Some independent business owners may believe they don’t need commercial policy, but they really do. Don’t make wrong decisions because you aren’t sure what you need; you could eventually regret it later.

Benefits of Commercial Auto Insurance
Commercial policies tend to have higher liability limits than a personal policies, and they can usually cover multiple vehicles. You can also have your employees and co-workers listed as covered drivers on your policy. Also, having a commercial insurance, when required, keeps you legal. This is enough of a reason to make sure you’ve got it right.

Personal Auto Insurance Might Exclude Coverage
Personal policies might exclude coverage if you’re involved in an accident while using your vehicle for business. In general, if you use your vehicle for any type of business, you probably should have a commercial policy. Some examples of business use include delivery or transportation services, such as pizza and newspaper delivery, or using your vehicle to drive to multiple worksites or meet with clients every day. Continue reading ‘Personal Or Commercial Auto Insurance?’ »