Staying in the Lines with Commercial Auto Insurance in Florida

When you set up your business coverage you need to look at making sure you get the basics in place. That means adequate property, workers’ comp, liability, and commercial auto insurance in Florida.

Your auto insurance works in much the same way as a regular auto policy, only in this case, the policy is held by the business, and any payments from accepted claims go to the business. Given that domestic and commercial auto insurance policies are similar, you might wonder why you need to have the commercial version – especially if you are a very small business owner.

You might also wonder whether you could just use your regular car for business also. You can, but you’ll need to ensure that the insurance you have covers the vehicle while it is being used for business purposes. You might also want to think about this in terms of risk factors – and not just accident risks. It’s more about the overall financial risks. There are inherent risks in owning and running any business, and that is all part and parcel of being in business. For your long-term financial security, you might be wiser to keep all your business assets and risks in one box and your domestic ones in another – that is, to buy a vehicle just for the business so it’s not part of your domestic assets, and keep the insurance as a business cost also.

Why not call us to discuss your insurance requirements? We can help you find options for commercial auto insurance in Florida to provide some financial protection, while you are out doing business on the road.

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