5 Reasons Why Your Business Might Need Commercial Auto Insurance - Temecula Insurance Agency - Carver for Auto, Home, Life & Health

5 Reasons Why Your Business Might Need Commercial Auto Insurance

5 Reasons Why Your Business Might Need Commercial Auto Insurance

5 Reasons Why Your Business Might Need Commercial Auto InsuranceFrom accidents to injuries, having a commercial vehicle for your business comes with several risks. Therefore, it is crucial to have the right protection in place. This is where commercial auto insurance comes in. Commercial auto insurance protects your business from vehicle-related accidents. However, when it comes to running a business, business owners are often looking for places to cut corners in order to save money. Commercial auto insurance is one place a business should never scrimp as it offers many advantages and there are several reasons your business might need it.

Following are 5 reasons why your business might need commercial auto insurance:

1. Personal Auto Insurance Doesn’t Count

Probably one of the biggest reasons to get commercial auto insurance is that your personal vehicle insurance does not cover you in most business-related vehicle accidents. For example, if an accident occurs while you are driving your vehicle for work, whether you are going to a meeting or you are hauling supplies, your personal auto insurance is voided. What this means is that you will have to pay for everything yourself in case anything happens while you are doing something related to work.

2. Commercial Auto Insurance is the Law

In many states, having some form of commercial auto liability insurance is a legal requirement. If your business requires you to cross state lines, then you will need commercial auto insurance that covers you in the other state as well.

3. It Covers What You Need

Commercial auto insurance is tailored exactly to your business purposes. If you just want coverage to get from place to place, you can have it. If you are hauling cargo, you can have it cover your load. Commercial auto insurance can cover liability, medical expenses, and property damage. All of that means you only have to pay for what you need to use it for.

4. Protection for Your Equipment

Although anything can happen to commercial vehicles while they are on the road, logistics is an important aspect in running a business. Depending on the coverage policy, commercial auto insurance may cover vehicles that carry equipment. Adding an extra layer of protection to items that are transported via your business’ vehicles is a solid reason to get commercial auto insurance.

5. Commercial Auto Insurance is a Tax Deduction

As mentioned above, business owners are often looking to cut corners to save money. Commercial auto insurance can save you a lot of money in case anything unfortunate occurs. This peace of mind alone is reason enough to get commercial auto insurance. But if you need another reason to get it, then keep in mind that it is also tax deductible as a business expense. The peace of mind that you are covered combined with the coverage being tax deductible makes getting commercial auto insurance a no-brainer.

As a business owner you must do everything you can in order to protect your business assets. If you use a vehicle for commercial use, then having a reliable commercial auto insurance policy is crucial as it eliminates any doubt as to whether or not you are protected from potential loss.

commercial auto insurance temeculaCarver Insurance Services, Inc. is a local insurance agency that has been serving residents and small businesses in Murrieta, Temecula, and surrounding areas since 2004. Started by Diana Carver; a second generation insurance broker with over 25 years experience, when after working for several insurance brokerages, Diana felt the need for a brokerage that was efficient and progressive, while still keeping that “hometown” feeling.

Carver Insurance Services, Inc.’s goal is to help you determine what insurance needs you have, meet those needs, and then help you prepare to meet future goals. The Carver Insurance Services, Inc. Family and its agents would love for you to stop by one of their two convenient locations for a free insurance quote or just to say, “Hello!”

For more information, give Carver Insurance Services, Inc. a call today to talk to a friendly, helpful agent.


Carver Insurance Services, Inc.-Temecula

33321 Temecula Parkway suite #102, Temecula, 92592


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