commercial autobusiness insurance
What is commercial auto insurance?
By Simple Lane Editorial Team · · 5 min read
The differences between personal and commercial auto and how to know which policy you actually need.
How commercial auto differs from personal auto
- Purpose of use Commercial auto is for vehicles used in business delivery, service, transporting goods/clients.
- Coverage limits Commercial policies typically offer (and often require) higher limits than personal.
- Coverage types Includes cargo, hired/non-owned auto, and Mexico coverage for cross-border operations.
- Underwriting Looks at fleet size, driver MVRs, business type, radius of operation.
- Cost Higher than personal, but commercial operations need higher limits anyway.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.