Tag: Commercial Vehicle Insurance

Personal versus Commercial Auto Insurance

Although the personal auto and commercial policies are a packaged product and contain many similarities, there are distinct differences that are very important. Many small business owners, such as contractors, will use a pickup truck or van for work that is insured on their personal auto policy. Doing so puts the vehicle owner at risk for several reasons: Most personal insurance policies exclude coverage when... Read Article

Ride Sharing Could Affect Your Auto Insurance

Ride-sharing businesses provide taxi-like services that enable passengers to arrange rides on short notice via a smartphone app. Transportation Network Companies (TNCs), provide ridesharing services in part by contracting with drivers who use their personal vehicles to transport passengers. These drivers do not generally have a livery driver’s license, and their cars are not registered or insured as commercial vehicles. They have attracted the interest... Read Article