Commercial Auto Insurance

Commercial Auto Insurance Minnesota

What is commercial auto insurance?

Commercial auto insurance is a business insurance policy for cars, trucks, or vans owned by or used in business. It helps protect from bodily injury, and property damage (liability) claims. It can also provide physical damage coverage for the vehicles

Auto accidents happen, and you need commercial vehicle insurance and an agent on your side. Anyone can call a 1-800 number.

Our agency is NOT a service center; we are experienced agents that will help coach and guide you through the process if you have questions.

Insurance companies want to save money; we want happy, satisfied customers, there is a difference.

When you call our office at 952-469-0425, a real person answers. Let us quote your commercial car insurance with multiple insurance companies. Start by clicking the Get My Quote button, complete the short form, and leave the shopping to us.

What are the minimum limits of coverage here in Minnesota?

$30,000 per person – bodily injury liability
$60,000 per occurrence – bodily injury liability
$10,000 in property damage coverage
$40,000 personal injury protection (no-fault/$20,000 medical & $20,000 non-medical)
$25,000 per person – uninsured/underinsured motorist bodily injury liability
$50,000 per occurrence – uninsured/underinsured motorist bodily injury liability

Now, these minimums would be foolish to carry today and think about medical and vehicle costs. We recommend starting with commercial auto insurance limits like or more:

$100,000 per person – bodily injury liability
$300,000 per occurrence – bodily injury liability
$100,000 in property damage coverage
$40,000 personal injury protection (no-fault/$20,000 medical & $20,000 non-medical)
$100,000 per person – uninsured/underinsured motorist bodily injury liability
$300,000 per occurrence – uninsured/underinsured motorist bodily injury liability

Most often, commercial vehicle insurance uses a combined single limit, and this single combined limit is the bodily injury and property damage together as one number.

Most common are $300,000, $500,000, and $1,000,000 limits for business auto insurance these days. Purchasing commercial auto insurance in this way is a bit more expensive, but it’s better coverage as it is less limiting.

The combined single limit also applies for the uninsured and underinsured motorist coverages.

Do the vehicles need to be in the company name?

Yes, they should be. We have seen claims denied if the company has no interest in the auto, truck, or van. It’s essential the titling be correct.  A title will often have a lienholder or loan company listed on it, and the secured interest can cause trouble with transferring the title. Many companies will allow a leaseback as the solution.

A leaseback creates dual ownership. Often the leaseback would be for a personally titled vehicle to the business. Having a signed document on file and exchanging money (a dollar) is necessary. Our agency asks for a copy of this document.

Finding commercial auto insurance quotes in Minnesota

We make it easy to find cheap commercial auto insurance in Minnesota. Working with numerous companies, we shop out the best coverage and price.

Commercial vehicle insurance often gets written with the same company as general liability insurance and workers compensation insurance. Writing commercial car insurance with the same company makes it convenient; however, it does not always yield the lowest cost.

Let us give you a Progressive commercial auto insurance or nationwide commercial auto insurance quote. Those are just a couple of the 50 companies we represent, and we have so many options; getting Geico commercial auto insurance policy is pointless.

Your business has some unique needs, and one company doesn’t fit all. That’s why we quote multiple carriers because this provides the best results. It’s easy to present a quote to you when we know it’s a perfect one.

Now it’s time to contact us. Let our professionals answer your questions; the answers are always free.

Please provide your information once, and we will shop for you. Six agents won’t call you; you will work directly with one experienced agent.

Do yourself a favor and request your quote online or call 952-469-0425 now. You will be happy you did.

Frequently asked questions about commercial auto insurance (FAQ)

Q- Which vehicles are covered under commercial auto insurance?

Ans:- Businesses that own motor vehicles must purchase a commercial vehicle insurance policy. Commercial vehicle insurance can cover many different types such as cars, semi-trucks, box trucks, pickup trucks, vans, step vans, passenger vans, cargo vans, sprinters, Also, bread trucks, bakery trucks, tow trucks, flatbed trucks, wreckers, car carriers, refuse collection trucks, garbage trucks, septic trucks buses, motor coaches, minibusses, shuttle buses, and more—some heavy equipment vehicles like construction, farming, and mining.

Q- What is hired and non-owned auto coverage on a commercial auto policy?

Ans:- Hired auto coverage means that you or your employees have coverage if driving a leased, rented, or borrowed vehicle for business. Non-owned auto applies to employees using their vehicle for business, and it can provide extra coverage over the employee’s auto coverage for bodily injury and property damage liability.

Q- Does any auto (symbol 1) include hired and non-owned?

Ans:- Yes, it includes coverage for both hired and non-owned auto. Commonly, small businesses can be required to carry insurance that covers all owned, hired, and non-owned vehicles. Any auto liability, symbol 1, covers all owned autos. Hired and non-owned auto is often referred to as non-owned vehicle liability or hired auto liability insurance.