Why Insure Your Business Vehicle?

WHITE CARGO VANBusiness vehicles require business insurance to protect your assets in the event of an accident. Standard car insurance was not meant to cover a vehicle used for business purposes. In contrast, business insurance will ensure you are well protected from any eventuality during business hours.

Business vehicles generally receive greater use than personal vehicles, increasing the risk of accidents. As such, business auto insurance costs may be higher than standard policies. Business car usage is classified into different categories to include Class 1, 2 and 3, depending on the use of the vehicle. In Class 1, insurance coverage may be limited to one driver and his or her spouse to drive to various offices or work sites. Class 2 may include various drivers to and from different work sites. Class 3 may include extensive travel for work purposes.

Your choice of business insurance will depend on your individual need. By shopping around, maintaining a safe driving record, securing your vehicle and keeping it in top condition, you can help reduce the cost of your business auto insurance premium.

Learn more about business auto insurance options and costs in Minnesota by contacting The Insurance Shop, White Bear Lake, MN.