A car commercial insurance is different from a private car insurance in that it’s only applicable to cars owned by a business or company. Similar to private insurance, car commercial insurance also provides cover for accident, collusion, theft, burglary, fire, breakdown etc.

The premium of your Car Commercial Insurance can depend on many factors. For instance, if you have multiple cars, then your premium may have a group discount. Your premium will differ based on the type of cars as well. Vans and Trucks have more rigorous rules for insurance. Then of course the average age of your driver should be above 30, as 18-15 age group has a higher insurance premium. Additionally the age of the vehicle, mileage, location of your office, the type of work for which the vehicle is used – all go into determining the premium and coverage of your car commercial insurance policy. Insurance companies will also look at your claims history as well as credit history before determining your premium.

On the part of the employer, before choosing you car commercial insurance provider, look up a few things like what is their claim history; do they have a 24 hour service; are they willing to negotiate on the payment if necessary; additional covers like roadside breakdown service, excess etc all must be thoroughly looked at.

In the US, you cannot drive a car without insurance. So, whether all your cars are in use or not, an insurance almost unavoidable, especially since it is a car commercial insurance.

If you are considering a car commercial insurance then you should know about excess. Excess is the fixed amount agreed between you and the insuring party as payment for any damage to the vehicle. Basically by paying higher premium you can reduce the excess and if you wish to keep your premium low, then your excess will be higher. When you take a car commercial insurance, you will be provided a list of garages where you can get cashless services done on damages. Otherwise, if you are using a third party garage, then you may need to pay then and claim it back from the insurance provider later.

Choosing the right car commercial insurance policy for your business is more or less similar to choosing private car insurance. The main thing to look out for is liabilities i.e. what us actually covered by the policy and what is not. For instance, even if the policy says collusion coverage, there may be some clause where they will not cover damage to tires, windshield wipers etc.

Depending on what kind of vehicle you use and what they will be used for, your requirement for car commercial insurance may change as well. For example, van’s used repair services may not chalk a lot of mileage but often end up receiving body damage due to constant loading and unloading of ladders etc. Therefore, car commercial insurance in this case can be tailored to cover minor damages.

Of course, while you might have a solid car commercial insurance policy, you can also reduce your premium by maintaining a good record of car maintenance, hiring professional drivers with enough experience etc.