A commercial auto insurance policy is required under most circumstances when the vehicle is used for business purposes and meets certain other requirements. It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle. Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.
Commercial automobile insurance policies are not regulated in pricing, as are private passenger policies. There is price competition between insurance companies for good commercial automobile insurance.
For business owners in Virginia, Maryland and the District of Columbia, Oberryman offers a full line of insurance and asset protection products. From general liability to workers’ comp, we can provide you with individual quotes or a custom analysis of all your business insurance needs.
Oberryman Insurance Agency offers free, comparative quotes on Commercial Auto Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.