Van Insurance
- Thread starter jjoerger
- Start date
purgoose10
Veteran Expediter
Commercial. 1m/Liability and 100k Cargo
Because insurance companies make the rules.....it is like why do we CVers need a DOT physical?.....Because insurance companies want it....
purgoose10
Veteran Expediter
If your for hire and or hauling for a for hire company, your commercial.
If you exchange money for services rendered your commercial. Just ask any of the lady's in the back lot. LOL!
Because if you are using it AS a commercial vehicle then it IS a commercial vehicle.
A cargo van may not be a Commercial MOTOR Vehicle, but it is a commercial vehicle if, as others have stated, it hauls for-hire freight under motor carrier authority.
Murraycroexp
Veteran Expediter
The miles driven FAR increase the miles driven of any personal vehicle. More miles = More risk. And the fact you generate revenue with it is a factor. Technically the Feds only require $350K liab for that class of truck. But most carriers require $1M. Plus the cargo, of course.
Murraycroexp
Veteran Expediter
Commercial just means operating and engaging in business for hire. DOT, of course, goes a step further with the >10K+ definition.
JetAgeHobo
Rookie Expediter
Because if you just have a normal auto policy, even at 100/300/100 and you have an accident while working or hauling freight, the insurance company will pay squat!
guido4475
Not a Member
What do you call a lot lizard with a mattress strapped to her back? An owner-operator.
