Whether driving for pleasure or business, you need the right vehicle insurance. Many people assume that having an ordinary car insurance policy will cover all vehicles under a particular weight class because commercial vehicles involve unique risks that call for a specific solution.
The choice could involve financial loss, legal ramifications or delay to your operations. Knowing how commercial vehicle insurance differs from car insurance is essential for business owners and regular drivers, so keep reading to find out how.
What is Commercial Vehicle Insurance?
Commercial vehicle insurance is designed for vehicles driven for business activities. Freight vehicles are at a higher risk than personal vehicles as they are more often on the road, typically have a heavier load than a standard p