Commercial Liability Insurance

It is not just the registration that determines the requirement for a business automobile insurance policy. Other requirements are ownership by a corporation, use in hauling goods for hire and gross vehicle weight of the vehicle.

Some small trucks can be owned and insured under a personal automobile insurance policy under specific circumstances.

BOP policies do not contain all of the coverages needed by a small business. Notably they Commercial automobile insurance policies are not regulated in pricing, as are private passenger policies.