Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate drivers about...

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Reviewed by Laura Walker
Licensed Agent for 10 Years

UPDATED: Jul 8, 2021

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A commercial auto insurance quote is a price quote for car insurance coverage for vehicles used in the running of a business. There are several different types of commercial auto insurance.

The most common one is business auto insurance which is very similar to personal car insurance but covers you when you use your vehicle for work.

Get yourself a wide array of auto insurance quotes now by putting your ZIP in the  FREE quote tool on this page!

Commercial auto insurance protects you and your business from serious loss due to car accidents, especially from liability claims. Yet, not every business person needs commercial auto insurance.

Understanding this type of coverage will help you understand whether or not you should be carrying it.

Many Different Types of Commercial Auto Insurance Exist

Many of the commercial auto insurance policies are very specific to the kind of vehicle being insured and its intended use.

In addition to business auto insurance, other types of commercial insurance include:

  • Seasonal business vehicle insurance
  • Pickup truck insurance
  • Dump truck insurance
  • Tow truck insurance
  • Food service insurance
  • Truck insurance
  • Fleet insurance

In fact, for many businesses, commercial auto insurance is a necessity. A tow truck company, dump truck operator or taxi service cannot operate without the necessary type of commercial auto insurance for their industry.

If you are in a business that revolves around a motor vehicle, rest assured that you need a good commercial auto insurance policy.

Certain Indicators Mean You Should Carry Commercial Auto Insurance

While some business people don’t bother with commercial auto insurance, there are many indicators that will help you figure out if you should carry it.

If you transport people or products, haul special equipment, have an unusual vehicle or need very high liability limits for the work use of your car, you may need commercial auto insurance.

Note that not every business requires commercial auto insurance; just if a vehicle is used in the day to day running of the business, apart from getting to and from work.

If you use your vehicle for business in any way, it is important to disclose that information to your insurance agent, who can determine whether or not you need to carry commercial coverage.

An important point to note is that if the business owns the car you are seeking insurance for, be sure to name it as the insured, even if you are the sole owner of the business.

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There Are Benefits to Commercial Auto Insurance

A big benefit to commercial auto insurance is peace of mind that claims will be paid. If you are involved in an accident or incur another type of loss while you are using your vehicle for work, an insurer could refuse your car insurance claim if you carry only personal auto insurance.

Therefore, in order to be sure you are adequately protected, commercial auto insurance is very important.

Financial protection is another benefit to commercial auto insurance. Your company could be held liable for any losses incurred by others involved in a car accident with you.

Business owners protect their assets by carrying commercial car insurance with appropriately high liability limits. As a business you are even more at risk of being sued in the case of an at-fault accident, so the right coverage is very important.

Saving on Commercial Auto Insurance

As with purchasing any type of insurance, the wisest move is to shop around to compare commercial auto insurance policies and get a variety of quotes that you can compare and contrast. You will find that prices vary from insurer to insurer.

Also, be sure to check out the insurer you are considering using by visiting the J.D. Powers website to learn how other policyholders rate them.

The same factors are considered for commercial auto insurance as for personal auto insurance. Therefore, you can find savings on your policy for maintaining a good driving record, putting low mileage on the car annually, investing in car alarms and other safety features, paying in full, having high deductibles and more.

Check out the Insurance Information Institute to learn more about how to save on car insurance.

The one place you do not want to skimp in order to save money on your commercial auto insurance is liability. Not having enough liability coverage can be as problematic as having none.

If you carry limits that are insufficient to protect your business assets in the case of a serious at-fault accident, you may be put out of business trying to pay the legal judgment against you.

Discover just how affordable commercial coverage can be. Get a customized auto insurance quote by typing your ZIP code in the FREE quote box on this page to get started!

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