Business vehicle insurance costs depend heavily on the type of vehicle (car, utility truck, van, or heavy freight), the driving history of operators, the commercial radius of travel, and the specific cargo or equipment being transported. Premiums are generally higher than personal auto insurance because commercial vehicles face higher daily mileage, heavier wear and tear, and increased exposure to road hazards. Rates can range from several hundred to thousands of dollars per vehicle annually based on these risk factors.
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