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Commercial Car Insurance vs. Personal Car Insurance

Written by Michele Wilmonen. Posted in Ask An Insurance Question Last Updated: 03/03/2018

Q: Can I insure my personal vehicle on my commercial car insurance policy?

A: Actually, yes you can and it could very well be the cheaper way to insure your vehicle if you already have multiple business vehicles.

In fact, if you use your personal auto for any type of business dealings at all, especially transporting clients, your insurance company is actually going to prefer that you put your vehicle on a commercial car insurance policy anyhow.

Even if you only use your vehicle for personal use, it still can be on your commercial car insurance policy. If you are worried about the type of coverage or proving you have coverage, car insurance is car insurance as far as the state and your bank is concerned. Neither party cares where your coverage is coming from as long as you have the coverage.

For more details, contact your insurance agent. They will make sure your commercial insurance company will allow your personal vehicle and that you have the right coverages on your commercial car insurance policy, for however you happen to use your personal vehicle.

On the other hand, in a lot of cases a personal car insurance policy is cheaper if you have just one vehicle. You can still use a personal car insurance policy even if you are using it to drive around for your business (other than delivery), or if you add on a special endorsement that allows you to drive for companies like Uber or Lyft.

Again, talk to your insurance agent for the best way to go for your particular situation.

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Michele Wilmonen

Michele's first introduction to insurance was working for a major insurance company as a file clerk and a mailroom supervisor in a regional office. She learned insurance directly from underwriters and claims adjusters from questions and also watching them do their job. Since then, she's earned a number of insurance certifications from the Insurance Institute of America and also a Bachelor’s degree from the University of Idaho. She blogs at Car Insurance Guidebook.

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