Business insurance covers most or all of the working parts of your business. This includes liability coverage for accidents, lawsuits, losses, and much more. Commercial insurance is versatile in that it’s designed to fit the unique needs of different businesses. Many business owners use vehicles to meet the needs of their businesses. As a result, auto insurance is a necessity. Your commercial insurance can also cover your vehicle for business use. The Kriener Insurance group is here to help St. Paul and Woodbury, MN business owners understand the benefits of commercial insurance and get the coverage they need.
What is Commercial Insurance?
Commercial insurance is designed for businesses, not individuals. Typically, business insurance provides coverage that ranges from coverage for natural disasters, lawsuits, accidents, employee injuries, and more. Commercial insurance is versatile in that it’s designed to meet the specific needs of a business. Worker compensation is a part of commercial insurance that protects employees injured on the job. In short, commercial insurance provides coverage for the employees and the business itself.
Will Commercial Insurance Cover the Personal Car I Use for Business?
No. Many business owners use their vehicles for business. However, they must also carry commercial auto insurance for their personal vehicle to be covered for business activities. If you have an accident while using your personal car for business, your personal auto insurance doesn’t have to cover the accident. Personal car insurance is designed to cover accidents that cover personal use, not business use. Commercial insurance can also include commercial auto insurance. You can use your personal car for business. However, you need to purchase or add commercial auto insurance coverage to your business/commercial policy. If you have questions about commercial insurance and what it covers, call Kriener Insurance Group in Woodbury, MN. We’d be happy to help you explore your options.