Features of Commercial Vehicle Insurance

When it comes to the insurance of commercial vehicles, completely different conditions and peculiarities must be taken into account than when a privately used everyday vehicle is to be insured. As with classic cars and other special cases, it is also advisable to take out special insurance that is perfectly tailored to these concerns.

• As the name suggests, commercial vehicles are used commercially in the vast majority of cases. This means that many commercial vehicles have an annual mileage that is significantly higher than that of a privately used car. In addition, commercial vehicles are usually not spared in everyday use; they are used to transport heavy, bulky loads, drive on construction sites and much more. It is therefore not surprising that these circumstances represent an increased risk for the insurer and that he has to tailor the commercial vehicle insurance specifically to these risks.
   
• In commercial vehicle insurance, it is not only important how high the engine power of the vehicle is and what type of vehicle it represents, but in particular also the annual mileage and the purpose of the vehicle. Construction site vehicles, for example, are subject to a much higher risk than the courier vehicle of a pharmacy. The insurance broker would therefore take that into consideration.
   
• In addition, there is the fact that commercial vehicles are usually not only driven by a single driver, but by different drivers. This can also result in an increased risk for the insurer, which must be specifically taken into account in the insurance policy. For this reason, it is sometimes common for commercial vehicle insurance to include each individual driver of the vehicle in the insurance contract, or at least to exclude the driver under a certain age from moving the insured vehicle.
   
• It is important to know that there are hardly any suitable means of comparing commercial vehicle insurance - even on the Internet. Such an insurance should be contrasted with other deals clearly too personally. With commercial vehicle insurance, it is therefore always advisable to speak to the respective insurer and have an individual offer drawn up. It can only be compared to deals from other companies as this is available.
   
• There are absolutely no ready-made offers within the framework of commercial vehicle insurance for vehicles that, for example, transport dangerous goods or were built for very special purposes. The individual plans on these vehicles must still be insured. Such insurances are not necessarily among the cheapest models, but in return they are perfectly tailored to the respective purpose of the vehicle