Commercial auto insurance, as mentioned here several times, is a must if you want to be a commercial driver. Here is an article by James R Collin about this topic.
How To Find The Right Commercial Auto Insurance Policy
Whether you have a sizeable fleet or driving a personal car for business purposes, you may need to get a commercial auto insurance policy to provide you and your business financial protection against road accidents, theft, vandalism, and car damage arising from reasons other than a crash. Here are some answers to common questions about this kind of vehicle insurance.
I am a sole proprietor of my business and only have one car, do I have to get commercial auto insurance?
A personal car insurance policy may be adequate in such cases. That is, if you only use your vehicle once in a while for business purposes. However, if you use it frequently for business travels and activities, getting a commercial auto insurance policy is a wise choice. You will also want to get a commercial car insurance policy if your car is operated by someone other than yourself, a manager or another worker, for instance.
How can I get cheap car insurance for commercial vehicles?
Commercial auto insurance premiums can be lowered by hiring competent drivers with safe driving records, choosing vehicles that insurance companies regard as not as risky to cover, setting up safety and anti-theft systems, and by committing to pay higher deductibles.
Your business location may also impact your car insurance premiums. For instance, if vandalism and theft are widespread, or earthquakes and flooding happen frequently in your area, you may be required to pay higher premiums. Your insurer can discuss with you what measures you can employ so you can bring your premiums down. For instance, if theft is a problem in your area, having a secure parking space can help you obtain lower premiums.
What other variables will impact commercial auto insurance costs?
The use of the cars and the distance that these vehicles will usually travel will also be taken into account. Cars which are frequently traveling in heavy traffic, long trips, or passing by high crime areas tend to demand higher premiums than those traveling short trips.
What other coverage issues should I be mindful of?
Do not forget that commercial automobile insurance policies cover physical damage to the car, but not the things transported inside it. What this means is that if you are transporting valuable supplies, you have to obtain additional coverage for such. In case you are moving products to a different state, there are specific government requirements that should be met.
Some pointers on obtaining the best commercial car insurance policy
Shop around before you settle with a provider. When going over your insurance requirements with an agent, make sure to be honest by not downplaying the specifics of your vehicle usage. If you're not covered adequately, you find yourself paying significantly more down the road.
Whether you have a fleet or a single company car, it will be wise to invest in a commercial car insurance policy. This will ensure that in the event of vehicular accidents, your business's finances and operations will not be significantly affected. To know more about commercial auto insurance and its benefits, click here best commercial auto insurance.
Source: EzineArticles.com.
Thank you James! That was a great article!
Nadav
nadavs
How To Find The Right Commercial Auto Insurance Policy
Whether you have a sizeable fleet or driving a personal car for business purposes, you may need to get a commercial auto insurance policy to provide you and your business financial protection against road accidents, theft, vandalism, and car damage arising from reasons other than a crash. Here are some answers to common questions about this kind of vehicle insurance.
I am a sole proprietor of my business and only have one car, do I have to get commercial auto insurance?
A personal car insurance policy may be adequate in such cases. That is, if you only use your vehicle once in a while for business purposes. However, if you use it frequently for business travels and activities, getting a commercial auto insurance policy is a wise choice. You will also want to get a commercial car insurance policy if your car is operated by someone other than yourself, a manager or another worker, for instance.
How can I get cheap car insurance for commercial vehicles?
Commercial auto insurance premiums can be lowered by hiring competent drivers with safe driving records, choosing vehicles that insurance companies regard as not as risky to cover, setting up safety and anti-theft systems, and by committing to pay higher deductibles.
Your business location may also impact your car insurance premiums. For instance, if vandalism and theft are widespread, or earthquakes and flooding happen frequently in your area, you may be required to pay higher premiums. Your insurer can discuss with you what measures you can employ so you can bring your premiums down. For instance, if theft is a problem in your area, having a secure parking space can help you obtain lower premiums.
What other variables will impact commercial auto insurance costs?
The use of the cars and the distance that these vehicles will usually travel will also be taken into account. Cars which are frequently traveling in heavy traffic, long trips, or passing by high crime areas tend to demand higher premiums than those traveling short trips.
What other coverage issues should I be mindful of?
Do not forget that commercial automobile insurance policies cover physical damage to the car, but not the things transported inside it. What this means is that if you are transporting valuable supplies, you have to obtain additional coverage for such. In case you are moving products to a different state, there are specific government requirements that should be met.
Some pointers on obtaining the best commercial car insurance policy
Shop around before you settle with a provider. When going over your insurance requirements with an agent, make sure to be honest by not downplaying the specifics of your vehicle usage. If you're not covered adequately, you find yourself paying significantly more down the road.
Whether you have a fleet or a single company car, it will be wise to invest in a commercial car insurance policy. This will ensure that in the event of vehicular accidents, your business's finances and operations will not be significantly affected. To know more about commercial auto insurance and its benefits, click here best commercial auto insurance.
Source: EzineArticles.com.
Thank you James! That was a great article!
Nadav
nadavs
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