Whether you need commercial auto insurance for a fleet of vehicles or just one, that policy is certainly important. If you haven’t bought commercial vehicle insurance before, you might be wondering about the differences between those policies and personal insurance policies. You know for sure that you need to pay attention to the details concerning coverage, and you need to know what it is you’re looking for. That is going to be based on the individual needs of your business, and you are also interested in a price quote. Check out these tips for getting a commercial vehicle insurance policy in 2018.
Tips to Get a Commercial Vehicle Insurance Policy 2018
First, you need to realize that if you are going to be purchasing commercial auto insurance, you need to have checked employee driving records. This needs to have been done before you hire someone. Wherever you stand based on that tip, plan to handle those situations correctly from this point forward. Employee driving records have everything to do with commercial insurance coverage and how much you pay.
There are situations where employees use their own vehicles for work as well, such as with a pizza delivery business. You will need to think about your needs for commercial auto insurance and what type of policy and coverage your business requires. Do you need rental reimbursement coverage? Do you need what is known as ‘driver other car’ coverage? Those are some things to think about as you get ready to talk to insurance companies about a quote and a policy.
Combining policies can help as well. For example, you have a business owner policy, and perhaps the same company can provide you with auto insurance as well. That is a tip for convenience and to help save you money. Another tip that can help you save money is to look into setting up auto draft for your payments. You have many things to think about as a business owner, and you don’t have time to manually pay everything. Auto draft saves you time, and it can provide you with a discount.
You are going to need to think about your deductible, too. You see, many of the same tips for getting commercial vehicle insurance are the same as getting personal auto insurance. You do have a completely different situation, but you will get all the details ironed out. If you have a fleet of vehicles, that is going to certainly be a major insurance policy, yet many of the tips, just like the one about the deductible are going to lead you in the same direction.
Increasing your deductible is a money saving tip, but you have to of course think about what’s affordable and best for your company. Don’t just look at this insurance situation through the lens of saving money. You want the best insurance company and the best policy for your commercial vehicles. Insurance is always an extra expense, but it is an important one for sure. Take your time and secure the best commercial auto insurance policy at https://procominsurancecompany.com/insurance-miami/.