If your business requires the use of vehicles, they should be registered to your business. Many business owners cut corners and use their personal vehicles for business because they don’t want to take on the added expense. The big concern here is your open yourself up to more exposure personally and the fact is your not covering nearly enough liability coverage in the event of an accident. Your business vehicle should always be registered properly to your business to make sure you cover your exposure properly.
Always review your commercial auto policy on an annual basis or when adding a new vehicle or subtracting an old vehicle. It’s just good business to make sure your limits are sufficient. Discuss with your agent if there are opportunist to reduce premium by getting the proper credits you are entitled to. You should ask your broker to quote the policy with other carriers to make sure you have the best available premium with a top rated carrier.
If you have not reviewed you commercial auto insurance recently and wish to have us review and quote your insurance, we can be reached at (866) 983-8726