How to Get a Commercial Auto Insurance Quote

Commercial auto insurance can be purchased by companies or by self-employed individuals to protect cars and trucks that are used for business purposes. While rates and classifications might differ between commercial and private auto insurance, the process of getting an insurance quote is similar.

Difficulty: Easy

Instructions

1. Compile information on your car or truck. Insurance companies will base your quote on a variety of factors, including what kind of car they'll be agreeing to insure. Before trying to get an insurance quote, you'll need to know the make, model and mileage of your car.

2. Determine how the car will be used. An insurance company will need to know how the car will be used before quoting you a rate. Figure out how many people will be using the car or truck and for what specific purposes. You should also have an estimation of the number of miles you expect the car to be driven within a year.

3. Decide what kind of insurance coverage you'll need for your vehicle. From basic collision insurance to full comprehensive, there are many different insurance plans designed to meet your needs. Do some background research regarding what kind of coverage you'll need before contacting a salesperson (who will most likely try and convince you to purchase more).

4. Make a list of companies that sell commercial auto insurance. You'll be able to choose from several different companies, both locally and nationally.

5. Call each insurance company to ask for a rate quote. Customer-service operators will guide you through a process that should take no more than twenty minutes. With the information you've compiled, you'll be able to answer whatever questions they may have.

6. Visit official websites for different auto insurance companies. Since commercial auto insurance can be highly specialized, it might be difficult to get a complete quote online. However, you will be directed to brokers who can help you complete the quote process.

7. Meet with a commercial auto insurance agent. While it's possible to get quotes over the phone and through websites, many business owners like the personal touch an independent insurance agent can offer.

8. Shop around. No matter what you hear from a pushy salesperson, different companies will have different rates. Instead of settling on the first quote you receive, make an effort to see whether a better deal can be found by getting a quote from every competitor.

Tips & Warnings

• Always make sure to ask about any discounts you might qualify for. Many insurers offer special rate reductions and incentives to entice desirable drivers.