Commercial Auto Insurance for Your Business Vehicles

The cost of commercial auto insurance varies depending on vehicle type, location, coverage limits, number of vehicles, and industry. On average, small businesses in Florida can expect to pay between $1,200–$2,500 annually per vehicle.

If you use a vehicle for business purposes, such as deliveries, transporting equipment, or employee travel, commercial auto insurance is required. It provides broader coverage than personal auto policies and meets legal and liability requirements for businesses.

In most states, including Florida, businesses must carry a minimum amount of liability coverage. Requirements may include bodily injury, property damage, and uninsured motorist protection. Additional coverages like cargo and collision are often recommended for full protection.

Commercial auto insurance covers vehicles used for business activities and offers higher liability limits and specialized coverages like cargo and hired/non-owned auto. Personal auto insurance is designed for individual, non-business use and typically won’t cover accidents that occur while driving for work.

Small businesses can expect to pay anywhere from $1,500 to $3,000 annually per vehicle, depending on usage, driving history, and vehicle type. Working with a insurance broker ensures you get tailored pricing and maximum value.