How Commercial Auto Insurance Can Help Save

Commercial auto insurance is a necessity for any employee or employer that requires regular driving for the job. This could be running errands, shuttling people, or dropping off deliveries. Often, employers will have commercial insurance already in place for their employees if there is a chance they can be driving for work. Aside from protection people and their belongings, commercial auto insurance is also able to save the policy holder some money each year on their taxes. 

For a business, there are many business expenses that can be deducted each year on taxes and commercial auto insurance happens to be one of them. The reason this is able to be deducted from your taxes is because the insurance policy is covering your business for any damages, liability, and losses that may be suffered as a result of an accident while driving for work. The premium that you pay for your commercial insurance is able to be deducted as long as you use the cost method when trying to determine auto expenses. If you take the standard mileage rate deduction on your taxes you will not be able to also deduct the premium for commercial insurance.

At Linda Dugan Insurance, we understand that for a business every dollar counts and we want to make sure you are protected. Proudly serving the residents of Astoria, OR, Linda Dugan Insurance can help find the right commercial auto insurance policy to fit your business and needs. The residents of Astoria OR can have peace of mind because they know their personal belongings and medical will be covered in the event of an auto accident while driving for work. Having commercial auto insurance help save business owners on taxes is even more of an incentive to purchase a commercial policy today.