Here’s Why You Must Have Separate Commercial Auto Insurance Cover

Do you run a small business in Canada? Do you use vehicles to ensure smooth operations of your business services? If so, you must take commercial auto insurance Alberta right away.Taking commercial auto insurance is important even if you have personal auto insurance.

Personal auto insurance will protect your vehicle used for personal purposes rather than commercial purposes. Moreover, personal auto insurance doesn’t cover damages and liabilities if the vehicle is used for business purposes. So, even if you have personal auto insurance, you must have separate commercial auto insurance.

How to determine if your vehicle needs commercial auto insurance?

• Vehicle type

Take a look at your vehicles. Are they light or heavy trucks, delivery vans, tool vehicles, or any other that helps you deliver specific services for your business? If so, you will need commercial auto insurance.

• Vehicle use

As mentioned above, if the vehicle is used to transport, deliver, or pick up services and goods related to your business, you will need commercial auto insurance.

• Vehicle owner

Is the vehicle owner an individual or is it registered under your company during Alberta motor vehicle registration? If the vehicle owner is your company, you will need commercial auto insurance.

Why is it important to get commercial auto insurance?

• Personal auto insurance is not the solution

As mentioned above, personal auto insurance is not the solution for your commercial vehicles. It will not cover any damages and liabilities for your commercial vehicles. Also, personal auto insurance is not formulated to cover business vehicles. So, you must not rely on personal auto insurance.

• Commercial auto insurance is mandatory

When you register your vehicle under your business name, you are required to take commercial auto insurance. This type of insurance is mandatory in Canada and is tightly regulated. So, instead of getting into legal issues, it is best to get commercial auto insurance.

• Protect your business, people, and vehicles

Commercial auto insurance extends the coverage benefits beyond just the vehicle and drivers. It also protects your business and any individuals who might have been injured due to your commercial vehicles.

About Claresholm Agencies:

Claresholm Agencies is a leading provider of commercial auto insurance to businesses in the region. In addition, you can also get small business insurance Alberta, motor vehicle registration services, and more. The staff is highly professional and certified to guide you through the process of acquiring commercial auto insurance.

For more information, you can check out https://www.claresholmagencies.com/.