| Vehicles owned or used by a business can obtain | | | | coverage options, offer similar money saving |
| adequate/appropriate insurance coverage from a | | | | discounts, are provided and serviced by the same |
| commercial auto insurance policy. In some | | | | insurance companies. The difference between |
| instances a private passenger policy with an | | | | these two types of auto insurance polices are the |
| optional endorsement to include coverage for | | | | types of vehicles being insured and/or how the |
| business (artisan) use is sufficient. This | | | | vehicles are being used. The type and usage of |
| endorsement is often utilized to provide protection | | | | vehicles changes the risk exposure for the |
| for artisans. An artisan is a skilled craftsman e.g. | | | | business and insuring company necessitating a |
| painter, cabinet installer, electrician. Each auto | | | | different algorithm to determine premium. This is |
| insurance company has their own unique definition | | | | the primary reason for the two different types |
| for artisan use of vehicles. A commercial or | | | | of policies. |
| business policy is generally required for these | | | | Applicants for auto insurance policies are |
| circumstances: vehicles are being used to pick up | | | | questioned regarding the use of all vehicles being |
| and deliver goods and or people, protection is | | | | insured. Any usage other than routine commuting |
| needed for employees when they drive the | | | | related to the course of your occupation will |
| vehicle or have employee owned vehicles used | | | | require a personal auto policy with an |
| for the business, for higher coverage limits than | | | | endorsement for business/artisan use or a |
| are offered in a personal policy, multiple vehicles | | | | commercial auto policy. Failure to maintain the |
| (fleets) utilized by artisans, business equipment is | | | | appropriate policy or endorsement can lead to a |
| permanently attached to vehicle. | | | | claim denial. The right type of policy and coverage |
| Commercial or business auto insurance policies are | | | | is essential to provide adequate protection for the |
| very similar to personal or private passenger | | | | business owner. Calculating the appropriate |
| policies. Both types of polices: are contracts | | | | premium for a business or commercial risk |
| comprised of a declarations page and policy | | | | exposure on a policy does not necessarily |
| jacket or booklet, provide the same basic | | | | translate to a higher rate. |