Comparing Business Car Insurance Vs. Standard Insurance

By Susan Baker
Updated March 25, 2015
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Comparing Business Car Insurance Vs. Standard InsuranceAre you new to a business car insurance policy and has it left you torn between embracing it or would you rather go back to to using a standard can insurance policy?

If you own a business, large corporation, or you are self-employed, business car insurance is probably best suited for you. The only concern that you should be well acquainted with is to know when you really need a business insurance policy. Especially after determining when your standard coverage cannot give you the coverage that you and your business may need.

The standard general coverage is usually restrictive. For instance, the only place you can be safe using your car is from your home to a fixed place of work. This is covered under the commuting section of your coverage or policy. So, what will happen if you decide to use your car to go to your work place without being covered by the commuting part? The sad news is that your claims will be invalid and you will be left counting your losses. This means that the general coverage is very limited in terms of covering you and your business.

In order to curb the problem of this limited coverage, the business car insurance comes in to step up and cover those who will be using their car to move about, doing business, or visiting clients. Whether you are a self-employed person or working for a company, there are reasons to have your car covered, especially when you are in the line of business away from your work place.

Business car insurance comes with thrilling benefits that can't be utilized in general coverage. These benefits are packaged in two classes of coverage.

Class A Business and Class B Business coverage. A Class A business car policy gives you the privilege of using your car for private use. This means that you will have the freedom of attending other matters outside the line of business without acquiring a separate policy. This means that with business car insurance coverage, you will use your car in both business and personal matters without any anxiety or worry and be fully covered.

Class B Business car insurance offers exactly what class A offers but it comes with an added advantage. It allows more than one person to drive the car. This means that your spouse and kids can ride in your business car without having to get separate coverage.

Lastly, business car insurance is an affordable and flexible coverage that will allow you to get it when you only need it. This is unlike other policies where you are forced to get a full-year policy. Sometimes, you may need to change offices and roles or leave the current company you are working at. This policy allows you to have monthly coverage in order to manage your finances properly. It is a reasonable type of insurance coverage to get hold of and should be considered by all business owners.

Do you currently have business car insurance? If so, do you see additional benefits as we do or would you rather have standard car insurance?

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This site offers information designed for educational purposes only. You should not rely on any information on this site as a substitute for professional medical advice, diagnosis, treatment, or as a substitute for, professional counseling care, advice, diagnosis, or treatment. If you have any concerns or questions about your health, you should always consult with a physician or other health-care professional.