Auto Insurance tied to LLC and converting to Commercial
Good day BP Forum,
I co-own a few rentals with my partner. We currently own auto insurance through other insurance parties that we own our properties through, we have found a provider that can consolidate everything and get us an overall lower rate as a result. My question is for anyone who has moved their personal automobiles under the LLC umbrella and converted to commercial insurance.
Is moving the autos underneath the LLC a good move and converting to commercial? I would like the ability to write off our autos as expenses if possible or if there is another option that someone has considered....I'm certainly open to any sort of opinion or advice!
Have a great day,