Commercial Auto Insurance
For some businesses, a fleet of vehicles is crucial to the day to day operations of their company. Even if you, as a business owner, are the only one that uses a vehicle for non-personal use such as deliveries or showing real estate property, a commercial auto insurance policy should be included in your business insurance program. Any business that uses vehicles to conduct business from a self-employed florist to a package delivery service must have commercial auto insurance or risk not being covered if you are in an accident while conducting business in your commercial vehicle. At Brown Insurance Services, we will work to understand the nature of your business to determine if commercial vehicle insurance is a necessity for you.
The amount of commercial vehicle insurance you need can depend on several factors. First you must determine if your vehicle is truly used for commercial purposes. If you’re not sure, we’ll help you understand what generally qualifies and if in doubt, it is better to opt for the commercial policy to avoid any question should you be in an accident while using your vehicle for work. Simply using your vehicle to drive to your job will not require you to have commercial insurance. If your car is provided by your employer for on the job mobility around town, then they should have a commercial auto policy for your vehicle.
Commercial Auto Insurance
Protect Your Wheeled Assets
The number of vehicles used for commercial purposes. Many commercial vehicle insurance policies can be separated into two types; standard, per vehicle, commercial auto insurance for a typical small business such as a local pool cleaning service and fleet insurance for those that have a large number of vehicles and drivers such as the City of Largo, FL. Depending on the policy, fleet insurance may be a less expensive alternative than individual, per vehicle policies for larger companies because it allows you to insure the entire fleet at once. The Department of Transportation has specific requirements if you vehicles transport goods across state lines.
While commercial vehicle insurance is a necessity for many, no small business has room for unnecessary expenses such as high premiums due to the type of vehicles and drivers in their fleet. You can lower premium costs by:
- Hiring drivers who have safe driving records
- Selecting safety rated domestic, mid-sized vehicles
- Installing Anti-Theft devices such as alarms and GPS tracking
- Selecting vehicles with proper safety equipment like seat belts and other devices
- Selecting a higher deductible
Contact us today to talk about options for your business insurance needs. No matter how large or small, if you use vehicles for commercial purposes, make sure you have the proper commercial auto insurance coverage.
