1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    It can be, yes.  For the most part, the pricing reflects the increased exposure that commercial vehicles can have as a result of the amount of time spent on the road, the type of vehicle, size and weight. In addition, the vehicle's use is also taken into consideration when rating these.
    Answered on July 26, 2013
  2. 552 POINTS
    Ruth Ladas
    CEO, RLI - Ruth Ladas Insurance, LLC, Fort Myers, Florida
    Commercial policies are generally more expensive than personal auto policies and that is directly related to the business risk involved. How much more more depends on the type of use for the vehicle and how many drivers will be driving that vehicle? If it is a fleet situation, having a driver's list with experienced drivers with good driving records will significantly control the costs.

    If your business doesn't have business vehicles, but your employees do your business in their cars, you have a substantial risk of being sued if there is an accident while the employee is driving doing business for you. That is called, hired and non-owned auto. Your business liability insurance can include this exposure for an additional premium.
    Answered on August 30, 2015
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