When you think about company vehicles, it’s easy to forget that just like personal cars, they require good quality insurance. There are a few common misconceptions about work vehicles. First, only companies with massive fleets of trucks need professional car insurance also known as commercial auto insurance. And second, an employee’s personal car insurance policy will cover their work vehicle. Unfortunately, neither of these commonly held beliefs is correct. The reality is that all businesses, whether they have one single delivery van or hundreds of cars, benefit from professional car insurance. And in most cases, a personal car insurance policy does not provide the necessary overage when driving a a personally registered vehicle for business…in fact claims can be denied entirely if the full/complete usage of the vehicle isn’t properly disclosed, underwritten and approved by the insurance company. For this reason, we urge you to consider investing in professional car insurance.
ALIGNED can help you find a policy that’s right for your business. We are experts in commercial insurance and won’t stop working until you are 100% satisfied with your professional car insurance.
What is professional car insurance?
Professional car insurance is a type of commercial auto insurance that protects vehicles owned and operated by a business. It applies to all types of business vehicles, from trailers and utility vans to compact cars and trucks. In essence, if your business uses cars to transport goods, tools, equipment, materials, or people, then you need professional car insurance. As with personal auto insurance, the purpose of professional car insurance is to protect the policyholder (in this case, the company) against a wide range of risks associated with driving. The specific risks you’re protected against vary based on the policy you choose.
What does professional car insurance cover?
Minimum coverage varies depending on the province in which your business operates, but most standard car insurance policies feature the following types of coverage:
- Third-party liability coverage
- Accident benefits coverage
- Uninsured automobile coverage
- Direct compensation-property damage (DCPD) coverage
- Physical damage coverage
Options for physical damage coverages you may wish to consider in your professional car insurance policy are as follows:
- Collision coverage
- All perils coverage
- Comprehensive coverage
- Specified perils coverage
Get ALIGNED with comprehensive professional car insurance.
You can call us at +1-866-287-0448. Click Here To Get A Quote or contact one of our Professional Car Insurance experts for information or with any questions you may have.
