I own a 1999 Plymouth van and want to start a courier business. Is commercial insurance expensive?

I will be a one man operation until I can pick up some business. I am bonded and will provide notary service in extension to courier and delivery services. I will not be dealing surrounded by securities.
Answers:
Yes, if you're NOT going to residential homes, the liability alone on it usually runs about $4,000 a year. If you budge to residences, dropping off or picking up, it's closer to $6,000.

Plus, as a public possessor, you're subject to PUC filings - and will be REQUIRED to have shipment coverage (there might be a few exceptions in some states that I don't know about). The contents policy will start at $1,000 including your PUC filing.

All this, assuming you're working surrounded by under a 25 mile radius, and not crossing a state row.

You can't do this on a private passenger policy, as it's excluded under every pp form I've ever see.

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It will be more expensive than personal auto. As a new business, you may own difficulty getting any preferred companies to look at you and courier services are high risk even for commercial auto.

Depending on what state you're contained by and your driving record, I'd look at 200-300 per month for a gamut of 100 miles from your garage address. A few years is business and cost could go down if you're a verbs driver. Call the independent agent who handles your home & auto.

Good luck

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