When should you upgrade your personal auto insurance to commercial auto insurance?

If any part of your job (for example; making deliveries, driving passengers and so forth) requires you to drive then your personal auto insurance will not cover it. If you are just using your vehicle to drive yourself back and forth from meetings, it is important that your mention that to your broker. You will also need to disclose the km driven for business use compared to personal purposes. If you are unsure about upgrading your insurance policy, we have listed some services below for which the upgrade might be necessary.

  • Using your vehicle for transporting passengers or making deliveries
  • Using your personal vehicle for emergency purposes
  • Renting our vehicle to other people for commercial purposes

If you get into an accident while using your personal vehicle for commercial purposes, you could be at risk of getting your policy cancelled for not disclosing he change to your broker. However, if you have disclosed these changes to your broker, there shouldn’t be a problem. If you are thinking of starting your own business or if you are planning on using your vehicle for Uber, Lyft or other ride sharing services, please contact your broker and let them know of this change.

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