Often times, business owners fail to realize the importance of a good commercial truck and automobile insurance policy until it is too late. When you or one of your employees operates a company car, truck, or vehicle, your businesses assets and livelihood is at risk. Coverages for commercial company owned vehicles should exceed those of a personal vehicle; statistics have shown that lawsuits involving company owned automobiles result in higher cash payouts than privately owned vehicles for personal injuries and damages when the company vehicle is at fault. The monthly premiums for a good commercial policy are well worth the cost when it comes to mitigating the company’s risk.
You don’t want your business to be one of the examples used to describe the aftermath of a horrific accident that was compounded by the fact that the company didn’t have adequate insurance coverage on their vehicles. Whether you have hundreds of vehicles in your fleet or just one that you drive every day, the considerations in selecting a commercial policy remain the same.
These policies will help comprehensively cover your vehicles and drivers to protect your company’s assets if your employee is deemed to have been at fault.
Make sure your policy covers worse case scenarios. You don’t want to end up with a situation that ends up being worse than your policy can handle. Make sure your limits can fully cover your business.
Your company vehicles may have expensive equipment installed in them for the particulars of your business. You want your policy to extend beyond the replacement cost of the vehicle and covers equipment as well, so your business can get back on its feet immediately.
Ancillary items and services like towing, general repair, and maintenance can add up quickly, especially if you have many vehicles on the road at one time. Your policy can cover these incidentals.
At Kipper Insurance, we strive to help organizations find the right commercial truck and auto policy for them. We will simplify the process to make it as easy and straightforward as possible. Contact us today to receive a no-obligation quote or to find out which policy is right for you (760)471-2200.