Why do vehicle insurance companies ask whether you use saloon for business use?
Does it affect how much you pay for insurance?
Yes, it affects the rates.
They ask because you are on the road more (could be most of the day depending on what you do) and put more mileage on the coup¨¦, therefore, there is more luck of an accident. You would drive you car much more than someone that purely drives to work. There are also different rate classes for driving to work (pleasure up to 3 miles one way, 3 miles to 10 or 15 miles one way - depends on the state & over 10 or 15 miles one way) The more you drive even base on your commute, the more you'll pay for insurance. The business use class is the highest because even the over 15 miles class conceivably drives 40 miles in a day to work & posterior are only on the road twice a time. Also, if you say you do use the vehicle for business use the agent will ask what the business use entails. Are you purely running errands for the business (going to the post office to pick up mail, going to the dune with the deposit)? Or are you delivering messages or newspapers or taking people within your vehicle (there is a difference for taking co-workers to a meeting or taking people for a fee)? Do you own signs on your vehicle? The answers to the follow up questions will determine if your vehicle can stay on your personal policy or if it has to be on a business coup¨¦ policy.
I've had good results here...
http://insurance.123thebest.info/
Good Luck.
Cause in grip of business you will use car more often, and should pay packet more to insure.
http://autoinsurance.maclenet.com - here you can compare your personal and business quotes.
Joe,
This answer is quite simple. If you use your vehicle for business, you will be driving a lot more than if it is for personal use.
Personal use is defined driving to and from work. To and from institution, etc.
Hope this helps
Take Care
Darlene ;-)
it's true that they all ask! i've found that if you enunciate you use it for business your rates are higher than if you "use it for personal (school, home, etc) reasons"
There is no absolutely sure answer for your question.Nevertheless,explorer the resources here might propose you some tips.HOpe it helps.http://car-insurance.easyideas4u.info/oh...
Answers: Well, it affects the rate, AND the eligibility! If you're using the car as a hackney cab, you can't put it on a personal auto policy.
They all ask it. It will bring to the fore you rates about 5% depending on the company,
You bet!
You are at a much complex risk of having an accident if you are driving during the business daytime. Speeds are higher when the roads are not crowded at rush hour.
You are readily available for trouble. Insurance companies do not savour a loss of money.