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May 6th, 2007

More and more small business owners and home business owners are relying on their personal car insurance, even though they use their car for business use. Some business owners even loan their cars to employeers or expect their employees to use their own cars for business use.

Commercial car insurance is like personal car insurance, but is meant for business use. Personal policies may exclude some business use or have lower limits than is necesary. A small business could be wiped out by costs associated with one bad accident. Commercial car insurance may be a good investment!