Michigan Commercial Auto Insurance and standard auto insurance may look the same at first glace, but it is actually different. Frost and Remer Insurance explains the significance of having Michigan commercial auto insurance for every business vehicle.
Personal auto insurance and commercial auto insurance may look one and the same, but they are in fact, different. Here in Michigan, where no-fault policy reigns over the streets, it is important to get the right kind of insurance for your vehicle. If you are a regular driver using your Michigan auto insurance for personal means, then you might not need Michigan commercial auto insurance. However, if you are using your vehicle for under the company’s name, Michigan commercial auto insurance is a need; read on below to understand more about this type of policy and how it can be advantageous for you.
Who should get Michigan commercial auto insurance?
Whereas one should think that Michigan commercial auto insurance is for larger firms, owners of small to medium sized companies will find this type of insurance beneficial. This helps protect their owned vehicles against liability costs from any accident which it can be involved in. there is a wide variety of vehicles included in this coverage, such as delivery vans, trailers/tractors, refrigerated trucks, utility autos and private passenger vehicles.
How does Michigan commercial auto insurance work?
Primarily, the legal owner of these commercial vehicles should be principally insured. Overnight premises exposure coverage can be added to protect the company autos, as an extension to the already existing insurance. This policy contains six outstanding components bought in within one package. The Michigan commercial auto insurance includes comprehensive coverage, physical injury coverage, physical injury protection, underinsured and uninsured, and crash protection.
There are many options included in the Michigan commercial auto insurance, but the most prominently needed is the Liability. This includes bodily injury aspect, paying for the related medical expenses which resulted from the accident, and property damage, which covers the charges for the maintenance, repair or replacement of the damaged items.
Owning a Michigan commercial auto insurance will greatly help your business, guaranteeing the security of your property with an extensive coverage for your future needs. If you are looking for a provider for your commercial auto insurance, why not start with Michigan’s finest: Frost and Remer Insurance (http://www.InsuranceByFrost.com). See their commercial auto insurance Michigan services on this page, https://insurancebyfrost.com/commercial-auto-insurance/.
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