Commercial vehicle insurance

Business vehicle insurance costs vary based on several factors including vehicle types (cars, vans, utes), business use, driver profiles, and fleet size. Our brokers assess your specific business vehicle requirements to provide accurate pricing that reflects your operational needs.

The cost of your business vehicle insurance will depend on a few factors. These include:

• Your vehicle’s make and model
• The nature of your business
• Your commercial vehicle claims history
• The coverage provided.

You can discuss your situation and circumstances with one of our brokers to work out how much you’ll pay.

Personal car insurance covers private vehicle uses only, while business car insurance is specifically designed for vehicles used in commercial operations.

Business vehicle policies include additional protections for commercial use, employee drivers, and business-related travel that personal policies typically exclude.

Not all car insurance covers are the same, so it pays to speak to a broker before making a purchase.

Business vehicle insurance and commercial vehicle insurance are interchangeable terms referring to the same coverage type. Both provide protection for vehicles used in business operations, whether for client visits, service delivery, or general business purposes.

Most commercial vehicle policies include reasonable personal use coverage for business vehicles. However, it's important to understand your policy's specific terms and notify your broker of any significant changes in vehicle usage patterns.

In this case, the right policy for you depends on the weight of your vehicles.

You can insure a fleet of light to mid-weight vehicles under a commercial fleet policy. But trucks and large vans will need to be insured under a truck and heavy motor vehicle policy.

For details, learn more about truck insurance.

The commercial vehicle insurance we arrange can cover a wide range of business vehicles including company cars, work vans, utility vehicles (utes), light commercial vehicles, and business motorcycles. Coverage is designed for vehicles under 3.5 tonnes used in business operations.

Different business uses may require different coverage considerations. Client-facing vehicles might need higher liability limits, while service vehicles might require tools coverage. Our brokers assess your specific business applications to ensure appropriate coverage levels.

The answer will vary from insurer to insurer. Your policy may look different depending on who provides it – and inclusions may only apply to certain types of vehicles.

Generally speaking, a typical commercial vehicle policy can cover:

• Loss or damage after an insured event – such as fire, hail, storms, theft and malicious damage
• Vehicle replacement
• Accidental damage to a third party’s property
• Costs of a hire car following theft, damage or emergencies
• Broken windscreens or window glass
• Towing.

Read your product disclosure statement for a full list of your inclusions – and speak to a Marsh advisor for guidance.

This answer will vary from insurer to insurer. Your policy may look different depending on who provides it – and exclusions may only apply to certain types of vehicles.

Generally speaking, a typical commercial motor insurance policy can’t cover:

• Pre-existing damage
• Inebriated or impaired drivers
• Failure to disclose information
• Legal liability claims you’re already covered for – such as from compensation schemes, funds and compulsory or statutory insurance.

Insurers also cannot cover you if you haven’t disclosed key information – such as past claims or driving history.

Our brokers can arrange cover for fleets of 15 vehicles or more.

All fleet and commercial motor products will include coverage for third-party property damage and bodily injury (legal liability).

However, our brokers can arrange insurance tailored to your desired limits and requirements.

No. Generally speaking, you need to purchase a separate policy for any vehicles that are used for business purposes.

Yes, provided you are an owner, director or partner of the business and your personal vehicle does not make up a majority of the policy.