Vehicles play a sizeable role in the business operations of virtually all companies and industries. Some companies have designated vehicles for employees to meet and interact with existing and potential clients; delivery companies rely on vans and trucks to provide goods and services; hotels provide complimentary shuttles — the possibilities are endless. But just like the average individual who might rely on their car to get from point A to point B, there are risks that threaten company vehicles. This is where company car insurance comes into play.

If a business owns vehicles and they are titled in the company's name, those commercial vehicles need insurance for complete coverage. If a business owner's only vehicle is used for both company and personal use, a company vehicle policy is necessary. In general, there are three options for which vehicles can be covered: the vehicles a business owns; the vehicles a business owns, hires or leases; and the vehicles used for the business, including those that it does not own, hire or lease.