When you think of commercial auto insurance, you might envision it as something only necessary for big companies with big trucks. But that’s not reality. Any business that moves people or property with a vehicle should have commercial auto insurance for protection against accidents. Muller Insurance, which serves New Jersey, New York, Connecticut, Pennsylvania, and other states, offers commercial auto insurance policies that are tailored to meet the unique needs of our clients. Here are a few of our reasons why you should have commercial auto insurance.

Your Personal Auto Policy Will Not Cover Any Vehicle Used for Business

Your personal auto policy simply will not cover property damage, injury, and liability claims that stem from the use of a commercial vehicle. If you transport a client or equipment to a jobsite or an employee runs an errand on behalf of your business using your vehicle and there is an accident, you won’t be covered unless you have a commercial auto insurance policy. The amount of coverage required is determined by state auto insurance laws and may be based on the type and size of the vehicle you are operating. Any vehicle that’s registered as commercial or has a commercial license plate or tag must have commercial auto insurance.

A Commercial Auto Policy Will Protect Your Business

You put a lot of hard work into running your business. The last thing you need is to be hit with a financial storm caused by an accident with one of your business vehicles. Commercial auto insurance policies can protect your business from the financial consequences of:

  • Property damage and accidents, regardless of who is at fault
  • Liability for bodily injury to others
  • Personal injury, including medical expenses and lost wages, for you and your employees

Because not every business needs the same commercial auto insurance, there’s a wide variety of coverage options available to suit the unique needs of just about every business. Whether you own one car to deliver newspapers, a fleet of vans to operate your painting business, or a regional trucking company, there’s a policy that’s right for you.

You Transport People Using a Rideshare Platform

The rise of the gig economy and rideshare platforms, such as Uber and Lyft, make it super easy to use your personal car, truck, or van to transport passengers around your area. And delivery apps, such as GrubHub and DoorDash, make it simple to become a delivery service business using the vehicle you already own. This may seem like a gray area in terms of business and personal use of a vehicle, but it’s important to know that while these platforms may offer you basic coverage options (some do and some don’t) and require only a personal auto policy, as a driver transporting passengers or food, you are now technically a business. There is a much higher risk for property damage and liability issues whenever you operate any business, but especially one that involves a service like the one you are now providing.

Muller Insurance Will Help You Get the Right Commercial Auto Insurance

Owning a business can be a rewarding investment, and it’s one that should be protected by the right level of insurance. Operating commercial vehicles of any kind presents risks that are not covered by personal auto policies. Luckily, with help from Muller Insurance, it’s not hard to find the commercial auto insurance that’s the right size and price for your business.

At Muller Insurance, we work with businesses in New Jersey, New York, Connecticut, Pennsylvania, and other states to find them the best, most affordable commercial auto insurance policies. Working with a long list of premier insurance providers, we’re able to get you the coverage you need at the best rates. To learn more, contact us today at 201-659-2403 to request a quote.  

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