Commercial insurance helps small business owners meet their companies’ legal and contractual obligations and cover their businesses’ risks. The amount of insurance you carry as a small business owner should match those obligations and your willingness for risk exposure. Still, some small business owners take unrecognized risks by relying on their personal auto insurance to cover their commercial vehicle use. To avoid that or other commercial insurance mistakes, let the OnQuote Insurance team, serving the Wisconsin market, create a commercial and commercial vehicle insurance plan that meets your business’s needs.
Commercial and Commercial Vehicle Insurance
Wisconsin small businesses come in various shapes and sizes. Their commercial insurance needs vary by industry, business type, presence of employees, and whether they use motor vehicles to conduct business. Of course, almost every Wisconsin business today uses motor vehicles for some aspect of their business.
Business owners smartly acquire commercial property, workers’ compensation, general liability, and other necessary commercial coverage as needed. However, many fail to acquire commercial vehicle insurance, thinking their personal insurance policies provide adequate protection. However, only a commercial vehicle policy will cover vehicles:
- Owned by a business
- Driven for business purposes by you or an employee
- When transporting work tools, products, employees, or clients
Personal vehicle insurance often has lower liability limits than a commercial vehicle policy. If you use a vehicle for one of the abovementioned purposes, you should acquire commercial vehicle insurance to protect yourself and your business and avoid unnecessary risks.
Working with OnQuote Insurance
OnQuote Insurance proudly serves Wisconsin’s private and business communities. We use our commercial insurance experience to structure policies to protect businesses against unforeseen events. Stop in today or call us at (857) 380-3400 to discuss your commercial insurance needs and options.