How does auto insurance coverage work for a small business?
CoffeeDrinker asked:
I am the only employee of my small business (a C Corp). If I lease a car through the business, rather than personally, how does insurance change? Will coverage be more expensive? What if the car is only used 50% of the time for business and 50% for pleasure? What if my wife is occasionally using the car for non-business purposes?
I am the only employee of my small business (a C Corp). If I lease a car through the business, rather than personally, how does insurance change? Will coverage be more expensive? What if the car is only used 50% of the time for business and 50% for pleasure? What if my wife is occasionally using the car for non-business purposes?
Possibly Related Posts:
- What is the best business to run within my insurance agency?
- Is a business policy required to get home owners insurance if a business is being run from the property?
- How does business insurance work in a lawsuit?
- When will I need to buy additional business insurance for my car?