Businesses of all sizes own automobiles. There are a variety of reasons to invest in a business automobile, including transporting goods and providing services. If you have a business auto, it is important to also purchase New Jersey commercial auto insurance. Even very small businesses can benefit from this important coverage.
Personal Policies Have Limitations
Many businesses assume that personal auto insurance policies will protect them in the event of an accident. This is not always the case, because theses policies have limitations. They usually do not protect you if your employee is driving and an accident occurs. Personal plans also do not protect your business from liabilities.
Minimize Your Risk
If your business has cars, a New Jersey commercial auto insurance policy can help minimize your risk. The cost of this policy is minimal compared to the risk you will be covered against. After all, automobile liability claims can be expensive. Without insurance, your company might be on the line for repair costs, property damage, and medical expenses.
Investing in commercial auto insurance is a smart decision, and it will protect both you and your employees on the road. When you have this important coverage, you will have peace of mind each day as your business vehicles are used.