Commercial insurance or auto insurance? In IL.?
I have a car with livery plates but do a little livery orders. The commercial insurance is too high for me. Can I use an auto insurance with endorsement for livery? Can I keep my livery plates if I have just auto insurance?
Confusion of terms here . . .there's commercial auto coverage, and private auto coverage. Private auto has an absolute exclusion in it for hauling goods or passengers for a fee. Flat out. You can't endorse "livery" onto a private passenger auto. And you can't renew livery plates with a PP auto policy, either. There isn't any coverage.
Sorry, I know the rates are high for what you're doing. That's because there are a TON of claims.
Confusion of terms here . . .there's commercial auto coverage, and private auto coverage. Private auto has an absolute exclusion in it for hauling goods or passengers for a fee. Flat out. You can't endorse "livery" onto a private passenger auto. And you can't renew livery plates with a PP auto policy, either. There isn't any coverage.
Sorry, I know the rates are high for what you're doing. That's because there are a TON of claims.
References :
agent, 21+ years
There is no such thing as personal auto endorsement for a livery service, even a "just once in a while" service. Also, if you're using a Limo or a modified vehicle or any vehicle over 3/4 tons, personal auto will exclude the vehicle.
Illinois DOI required a certificate of insurance if you operate a public livery service, the only place to get one of those is from a commercial auto policy.
SO, either turn in the livery plates, or get a commercial policy that covers it.
References :
http://ohio-insurance-forum.blogspot com/