What Is Business Vehicle Insurance? As a businessowner, you need some of the same insurance coverages for the cars, trucks, vans or other vehicles you use in your business as you do for vehicles used for personal purposes. Your Businessowners Policy (BOP) does not provide any coverage for vehicles, so you must have a separate policy. Most states require you to purchase liability insurance for bodily injury and property damage that may result from a vehicle accident occurring while you or some...