New ways of generating income, such as gig work, have made it much harder for people to understand what truly constitutes business activity. This then complicates the process of shopping for insurance. After all, if your vehicle is your personal means of getting around as well as your method of making a little extra cash on the side, what type of coverage do you need? We help you better understand the requirements for coverage, and we’ll help you get the auto insurance policy your vehicle and lifestyle demands here at Wine Valley Insurance Services, serving Napa, CA.
Do You Need Personal Auto Insurance or Commercial Auto Insurance?
If you only use your vehicle for personal transportation, all you need is personal auto insurance. The moment that you use your vehicle to make additional cash through gig work or similar work, you need commercial auto insurance coverage. Personal auto insurance won’t cover you for damage done when engaging in business activities. So, what can you do? There are two options.
The first option is to purchase a commercial auto insurance policy so that you’re covered whenever you’re engaged in business activities, especially if you’re mostly using your vehicle to make extra cash. However, a better option may be to ask your personal auto insurance provider if there’s an add-on that can offer coverage specifically for gig work. This allows you to retain the coverage you have so that you can operate your vehicle as a personal vehicle while still getting extra coverage for when you’re making money on the side. Just take care to get some form of coverage for business activities. Failure to do so can open you up to legal and financial problems.
Find Your Perfect Auto Insurance Policy With Wine Valley Insurance Services
Shopping for auto insurance shouldn’t be challenging. Come to us at Wine Valley Insurance Services, serving Napa, CA, for the support you need. Give us a call today to compare quotes!
