Get Auto Insurance for a Home Business

Category : Insurance

The only thing more upsetting than being in an auto accident is later finding out that your auto insurance will not cover the damage. Many home business owners don't realize that their personal auto insurance policies do not cover accidents that occurred during commercial use.

So, if anyone will be using a car or truck for your home business, you will need to get additional commercial auto insurance to protect yourself and your business.

Read your personal auto policy closely
While most auto insurance companies do not cover home business use of a vehicle, you should know your coverages in detail.

Contact your personal auto insurance agent and ask him about coverage for home business uses. Some companies will provide coverage under a personal policy if the car is only rarely used for home business purposes.

Create a list of the cars, trucks or other vehicles that you own that are ever used for business purposes.

Include the year, model, license plate number and vehicle identification number for each vehicle.

Write out a list of every employee, family member or friend who ever drives any of your cars for your home business. Include the drivers license number and expiration date for each person.

Visit your personal car insurance agent and ask her if the company offers commercial auto insurance.

Bring your list of vehicles and potential business drivers with you. Ask your agent for a written quote for commercial auto insurance on the vehicles and for the people on your list.

Contact your business insurance company and ask if they offer commercial auto insurance for your home business. Request a copy of the auto policies they offer and a price list for each policy. Many business insurance agents offer add-on policies that cover your cars when used for business purposes.

Compare policies and price quotes from the insurance companies you speak to in order to find the best business auto coverage for your needs.

Get a policy that lists each car that will be used, and each person who may use any of the cars for business reasons.