4 major differences between private and commercial vehicle insurance.

 


There has always been a lot of confusion when it comes to the differences between a car insurance policy and a commercial vehicle insurance policy. There are many who think that these two policies are one and the same; however, this is not true at all.

It is very important to understand the differences between these two insurance policies before you decide to purchase one. Let us first understand what these policies are before learning about their differences.

What is a private car insurance policy?

A private car insurance policy is what you buy when you own a car for personal use. You are required to buy a basic third-party policy which is mandatory for the coverage of third-party damages. You can also choose to opt for a comprehensive plan which will also cover damages caused to you and your car in case of an accident.

What is a commercial car insurance policy?

A commercial car insurance policy is meant for the car you own for commercial purposes. The coverage of this plan is meant for the car passengers, driver, and the damages caused to the car in case of an accident.

 

Original Content :- 4 major differences between private and commercial vehicle insurance.



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