With Progressive, you have 30 days to transfer your insurance to your new car. The coverages you have on your old vehicle will continue to apply to your new car during that period. Permanently connected tools and equipment are covered by a commercial auto policy, but any additional tools require inland maritime coverage. You can add inland marine insurance to your general liability policy.
While personal car insurance doesn't cover a vehicle that is used for business purposes, commercial auto insurance covers your vehicle for both business and personal use. If you don't have physical damage coverage and your new car is stolen, wrecked, or damaged in an accident because of you, you won't receive money from your insurance company. In the insurance world, claims are commonly referred to as losses, and the amount of losses a particular brand and model has can affect the cost of insuring. Keep in mind that other factors may affect your car insurance rate if you're starting a new car insurance policy.
For example, Progressive allows 30 days, which means that if you file a claim within that period, your new car will continue to be covered in the same way as your old vehicle. For example, married couples who live together and share car insurance can add both of their cars to their policy, even if the vehicles aren't jointly owned by the couple. You can generally add someone else's car to your policy if you also share the same car insurance policy, which normally also requires living together. Progressive commercial auto insurance protects your commercial vehicles when used for work.
Businesses, such as stores and restaurants, that use a car to run errands or transport customers may also need commercial auto insurance. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. Learn the difference between personal and commercial auto insurance to find out if you need commercial vehicle insurance. If you're currently insured with another insurance company, you can simply start a new policy with your new car.
Since most insurers offer a grace period to update your policy with your new vehicle, your dealer will usually only need proof of insurance before giving you the keys.