Commercial vehicles are those which are used in logistics business. If you own a business having fleet of cars, then you will need for an insurance that covers the fleet. The commercial car insurance is a type of insurance policy covering your commercial vehicle against damages during transportation. The insurance will provide all the liabilities following property damage of third party and injury.
When will you need this insurance-?
Insurance companies will cover your fleet under commercial car insurance.
- Registration of the vehicle-
The company will check under which the vehicle is registered. If the car is registered under your business name, then you will need the commercial insurance. However, if registered under name and used for the business still you can cover under this policy,
Read Also: Knowing When You Need Commercial Car Insurance Policy
- The type and weight of the vehicle-
If you own heavy fleet of vehicle like semi-truck or two trucks, then you need to cover under the policy. Heavy vehicles can cause damage properties and involve in accident.
- Required for Business Liability Limits-
If your business vehicle has liability limits, then you will need the policy coverage. This type of insurance offer higher liability compared to personal car insurance.
