Generally, depending on the nature of your business will determine whether you need a commercial or personal auto policy for your vehicle. Here are some guidelines:

• Do you operate a delivery service out of your home?
• Do you drive your clients very often?

If you answer �yes�, then you might want to consider getting a commercial policy. Now, if you drive clients from time to time and you transport assets from job to job that are not of great value, then your personal auto insurance may suffice. But be sure to check with your agent and insurance company for advice and details of your needs.

The costs of commercial and personal auto policies are similar in terms of the determine costs. They both look at mileage, driving record, number of drivers, past claims, etc� Like all policies, the major factors are liability and deductible limits. The higher the limits and lower deductibles will increase your policy premiums while raising your deductible and lowering your limits will decrease your premiums. You should examine what you think will need in terms of liability and value of assets that might get damaged as a result of an accident. If you business is exposed to huge losses as a result of a liability suit, you may want to increase your liability protection limits. Protection is very similar between commercial and personal auto policies, although commercial policies tend to be slightly more expensive.

Supplement policies for liability such as an umbrella policy may be useful to protect your personal assets.

Your homeowners or renters insurance may also carry some coverage to protect your assets that your might haul from place to place.

Business Owners Policies (BOP) cover property damage and liability protection on and off the business premises.

Again, you should research various policies to fill in the gaps depending on your business and personal assets. Make sure not to overlap.