Insurance Rates for Business Vehicles
Q. My agent said that if I use my car for business, they charge more. Why is this?
A. There are several reasons that this can make a difference to the car insurance missouri 123 rates that your insurance company will charge you. First, if you are constantly driving for business, you will be on the roads more and therefore risk an accident at a higher rate. If you are traveling away from home regularly, you are also likely a bit more unfamiliar with the roadways in your business area. Insurance companies asses rates based upon risk factors and driving your personal vehicle for business is seen as a higher risk. If your employer knows that this is impacting your rates, they may be willing to cover the additional cost or add your car to their fleet plan as a company vehicle.
