Small business owners must understand the distinction between commercial and business insurance. Getting the wrong kind may result in disastrous results if you have an accident and are involved in a costly lawsuit.
The main difference between the two policies is that business car insurance covers vehicles used for trips that go through routine traffic. In contrast, commercial car insurance covers specialized vehicles that are designed for specific jobs. For instance, a business car insurance policy would cover a vehicle used for making deliveries, while a commercial car insurance policy would cover a dump truck.