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Commercial Auto Insurance
Insure your company vehicles with this state-mandated policy.
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Frequently asked questions about commercial auto insurance

Commercial auto insurance provides coverage for your tech business’s company cars, but there’s much more to this insurance policy. Below are some of the most frequently asked questions about this often necessary policy.

Commercial auto insurance coverage and requirements

What does commercial auto insurance cover?

Commercial auto insurance covers the cost of accidents that involve one of your company cars, including medical bills, property damage, and lawsuits from other drivers. It can also provide compensation if a company car is stolen, vandalized, or damaged, depending on which coverage is included in your policy.

Find out more about commercial auto insurance coverage.

Does my business need to have commercial auto insurance?

Every state, except for New Hampshire and Virginia, requires that businesses with company vehicles have commercial auto insurance. If your business uses vehicles that it doesn’t own, like employee vehicles or leased cars, you can purchase hired and non-owned auto insurance instead of commercial auto insurance.

Personal auto insurance policies do not cover business use. This policy is essential for businesses that rely on employee vehicles.

Learn about insurance requirements in your state.

How much commercial auto insurance should my business purchase?

Each state requires a different minimum amount of commercial auto insurance coverage. The requirements are typically broken down into a minimum amount of bodily injury liability, property damage liability, and uninsured motorist coverage.

Depending on your business’s risk factors, you may want to purchase the minimum amount of coverage to meet your state’s standards. You can opt for more coverage if you anticipate making higher claims.

Do I need commercial auto insurance for my personal vehicle?

You only need to purchase commercial auto insurance for vehicles that your business owns. If you use your personal vehicle for work purposes, you can purchase hired and non-owned auto insurance (HNOA) for the vehicle.

Unlike commercial auto insurance, HNOA is not required by law. However, in most cases hired and non-owned auto insurance covers accidents in a personal vehicle only while you’re using it for work purposes.

Where do insurers draw the line between work and personal vehicles?

The line between what counts as personal and work use can be blurry when you own your own business, especially if you run a sole proprietorship. If you regularly use your personal vehicle to do any of the following, you’ll probably need to purchase hired and non-owned auto insurance instead of personal auto insurance:

  • Transport equipment
  • Drive clients or employees
  • Haul heavy, work-related loads
  • Perform a service that you’re paid for, like delivering or installing equipment

In limited cases, the liability coverage included in personal auto insurance is enough to cover work use for some sole proprietorships. If you occasionally use your personal vehicle for work, your insurer may be able to modify your personal auto insurance policy to include some limited work use.

Compare small business insurance quotes for your tech company

How to purchase commercial auto insurance

Does TechInsurance cover my industry?

TechInsurance specializes in small business insurance for the technology industry, including businesses in a wide range of industry sectors. Learn more about the types of tech companies we insure.

If you're not a tech business, you can find insurance through TechInsurance's parent company, Insureon. Fill out Insureon's free application to compare quotes for your small business.

How long does it take to get commercial auto insurance?

Our online application for commercial auto insurance takes about 15 minutes to complete. It asks for basic information about your business, including the number of company cars you own and how frequently you use them.

As soon as you finish the application, you’ll be able to browse and select quotes from top carriers in your area. Look them over and pick the policy that works best for you. A licensed insurance agent is available to assist you throughout the process.

Once you purchase a policy, it takes one to two days to obtain insurance for your business. Once you have insurance, you can access your TechInsurance account and obtain proof of insurance immediately.

How do I obtain a certificate of insurance?

If you require proof of commercial auto insurance, it’s easy to obtain a certificate of insurance through TechInsurance. Simply log in to your account to download your certificate of insurance or request your certificate of insurance by email.

How can I save money on my business insurance?

With TechInsurance, you can compare quotes from several insurance companies, which is one of the best ways to save money on business insurance. Beyond comparison shopping, you can also:

  • Bundle policies for a discount
  • Choose low policy limits
  • Choose a high deductible
  • Manage risks to avoid claims
  • Communicate with your clients

Read more about how to save money on business insurance.

Policy claims, changes, and cancellations

How do I make a claim on my commercial auto insurance policy?

To make a claim on your commercial auto policy, you will need to contact your insurance provider directly. They will ask for:

  • A description of the incident
  • Basic information about your business
  • Your policy number

Your insurance agent can help guide you through the process and answer any additional questions.

Can I increase the policy limit on my current policy?

To change the limit of your commercial auto insurance policy, simply contact your TechInsurance agent at any time to learn more about your options. The agent can adjust the policy limit to give you more or less coverage, and provide assistance if you need to purchase additional policies for your business.

What happens if I cancel my current policy?

If you cancel your commercial auto insurance policy before it expires, you run the risk of paying more for the same policy later down the road. Insurance companies typically charge higher rates to businesses that cancel policies.

If you cancel your policy before you purchase a replacement policy, you may be in violation of state law. By operating company cars without insurance, you also leave your business exposed to costly accidents and lawsuits.

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