Every vehicle on the road must be insured by its owner, which is something you must keep in mind when purchasing business insurance. Standard policies do not include commercial auto insurance, but you’ll need to obtain that coverage if your business owns and operates any vehicles, including cars, trucks and vans.

Even if your employees drive their own cars on business, it’s a good idea to put them under your commercial auto policy since their personal policies will not cover accidents that occur while on business. In addition, any vehicles that your business leases or rents will also need coverage.

While some businesses choose to buy blanket coverage to protect their whole fleet, your needs may necessitate different coverages for different vehicles. For example, an older van may not be worth much, making collision coverage unnecessary if repair costs are higher than the vehicle’s total worth.

Your independent insurance agent will help ensure that all business vehicles are covered appropriately. This can be determined by discussing how the vehicles are used, who drives them, their condition and if employees use personal cars on business. Some coverages like uninsured motorist coverage is just icing on the cake, but other coverages like liability coverage are required by law.

While at least $500,000 of liability coverage is recommended, it may not cost much more in premium dollars to get $1 million of coverage. Ask your agent to work up a quote for your company to determine the best combination of coverage and price.