If you own or operate a vehicle on behalf of your business, then it is crucial to have adequate and far-reaching commercial auto insurance. It’s not there to be a burden for a business owner. Rather, it will supply an extensive amount of protection for the driver, the vehicle and others in case of accidents and other driving hazards.
Still, commercial auto coverage is going to become a standard (and sometimes hefty) part of your company’s overhead expenses. It’s certainly going to cost more when it’s used to insure a fleet of vehicles. All the same, many factors influence the cost of your policy, and one of these is the number of drivers you hire and how you plan to use them.
It is possible to insure multiple drivers under a commercial auto policy. However, you have to do so correctly in order to maximize your benefits. Here’s how you should do so.