Is Your Business Auto Covered Under Your Personal Auto Policy?Ever since the Pandemic hit in March of 2020, more people are working for themselves, which by all means can be wonderful.  The thought of being your own boss is appealing, but what does it mean for your vehicles and your personal auto insurance policy? Some things to consider about your business and the cars used may include the following:

  • What type of business are you running?
  • Who is driving the cars on the personal auto policy (just sometimes or on a regular basis?)
  • And what are the cars are used for?

These are variables that need consideration when determining whether your business vehicle(s) is adequately protected under your personal auto policy.

Below are Some Professions that Require Personal Autos for Work and Are Covered Under a Personal Auto Policy, but Not Limited to:

  • Doctors
  • Lawyers
  • Real Estate Agents
  • Sales Reps
  • Personal Trainers
  • And More

Keep in mind that if you or the listed drivers on your N.C. auto insurance policy are still the only people driving the car and you are not transporting or delivering goods, then generally you are covered under your personal auto policy.  However, if you have other people (employees) that are regular using your vehicle in the scope of business, you will need to consider a N.C. commercial auto insurance policy.

Those vehicles used for the following businesses most likely need a N.C. commercial insurance policy:

  • Florist
  • Pizza Delivery
  • Painters/Contractors
  • Plumbers/Electricians
  • Transportation for Hire (taxi, daycare)
  • Vehicles weighing over 10,000 pounds

If you are working for Uber or Lyft, there may be an exception.  Typically, you use your own personal vehicle for that service/job; however, you should still consult with your local N.C. independent insurance agent to verify you do have coverage.  Many N.C. insurers have add-on endorsements specifically for ridesharing activities that outline very specific situations and conditions relating to Uber or Lyft.

What About a Company Car and a Personal Auto Policy?

If you work for a company who provides a car to use for business and personal use, you are typically covered by the company’s business insurance policy.  However, your employer may have specific requirements to which you can use the car.  It is recommended that you contact us at Twin City Insurance to discuss your options.  It may not be a bad idea to cover yourself on your own N.C. personal auto policy as well, by using an endorsement.

Make Sure You Have the Right Insurance for Your Business Vehicle

If you have any questions or concerns involving your N.C. personal auto policy or the possible need for a N.C. commercial insurance policy, we are here to assist you.  Call us TODAY at 828-464-2643 so we can find the best suited policy for all your specific needs.