Commercial Car Insurance
Selecting commercial car insurance coverage depends upon the specific business use, which particular vehicle is being used, and who is driving the automobile. The reason a person would want to have this protection is simply to limit liability in case of accident. One could be held personally liable for an accident; even when driving for business purposes. It does not have to be that persons fault, nor must there be any culpability in the situation. The law of the land is that people can bring a suit to court for any cause. There are a tremendous amount of cases that involve car accidents. Also, there are 3 sides to every case. There is the point of view of each of the drivers (or driver and pedestrian/bicyclist) and there is the view of the court or what the law says. The driver with commercial car insurance coverage may be in the right or in the wrong, but the point is, the person is covered no matter what. The uninsured motorist must, not only be in the right, but the motorist must prove it. And in many states, a motorist may still have culpability just because of lack of coverage.
There are insurers who consider transporting any goods for a fee as business-use of a vehicle and therefore; the driver needs commercial car insurance. Simply delivering newspapers or pizzas, offering services at home such as; nursing care, auto detailing, landscaping, or pool cleaning would all qualify under this definition. Just because a person is employed by someone else in a driving job, the risk of that individual being in a situation where he or she is likely to meet with harm is not reduced by any degree. It makes good sense to utilize a person's driving history as an indicator of the level of risk a company would be charged with assuming. Even with a spotless driving record, a driver is actually more vulnerable to claims of liability when driving for someone else, because public perception is that companies have deeper pockets than individuals. In general, this statement is somewhat true. However, not all companies have large amounts of assets and thusly; when employing someone to drive should maintain good commercial coverage.
Some companies who offer delivery or in-home services, and employ other people to perform them, will have a commercial car insurance policy that covers anyone who drives for the purpose of doing the job. They simply add the person and the vehicle to existing commercial coverage. These services could be performed using a person's own vehicle or that which belongs to the company which employs them. When the company owns the vehicle, it's a necessity to provide this coverage for their own protection. But if the employee is using a personally owned vehicle and the company does not offer this coverage, it is wise for one to cover themselves by purchasing a personal policy. If in fact, an individual does need commercial coverage, it may be possible to add a "business-use" rider to an existing personal vehicle policy.
When a person contacts an agent to inquire about commercial car insurance, the first question that needs to be asked is, "what is the insurer's definition of "commercial use?" Once it is established that a person cannot use a business-use add-on and must purchase a commercial policy, the amount of coverage becomes an instant priority. There are legal limits on coverage, but there are also practical considerations. If the legal limits do not offer the amount of protection needed, then it is imperative that an individual consider additional amounts of coverage. Additional liability insurance is also needed if equipment or tools are being hauled or a trailer is attached to the vehicle. A good commercial car insurance agent will be able to point out the legally required coverages as well as the add-ons that are best for the type of business being operated. "And that we should bring the firstfruits of our dough, and our offerings, and the fruit of all manner of trees, of wine and of oil, unto the priests, to the chambers of the house of our God; and the tithes of our ground unto the Levites, that the same Levites might have the tithes in all the cities of our tillage."(Nehemiah 10:37)
In addition to coverage for business use, there is the reality of non-business use of a business vehicle. Be sure to look into this aspect of insurance coverage if the company owns a fleet of vehicles or pays the lease on a company vehicle that is in the possession of an employee. As part and parcel of a commercial car insurance plan, accommodations for running personal errands, transporting other people, and taking a vehicle to a personal residence should all be discussed and either accepted or excepted. If the company chooses not to cover non-business use of a business vehicle, yet allows an individual to domicile the vehicle at their personal residence, then the person should understand that they are liable for anything that happens that is not business related. This situation opens up an individual to personal responsibility and therefore; one should truly consider adding coverage for the vehicle for personal use. Even if one does not intend to routinely use the automobile, it's always better to be safe than sorry.
The bottom line is that insurance coverage is a must when a company employs people to drive for them. A wise person will want to limit risks and liabilities when using a personal vehicle for business purposes. Choosing the appropriate type and amount of coverage depends upon what the vehicle will be used for, whether the vehicle being used belongs to the company or an individual, and the driving record of the individual behind the wheel. The reason anyone gets insurance is to protect their interest. Commercial car insurance is no different.
Auto Insurance CostThe auto insurance cost for a vehicle is the the most necessary and important part of buying a sleek and shiny, fully-loaded, four-wheeled investment. Imagine what would happen if the car were damaged or destroyed, especially with human lives at stake. Choosing to pay auto insurance costs requires a responsible decision to plan in advance for the crash that hopefully will never occur. Most states do not rely on voluntary planning, however, which is for the protection of all drivers and those whose lives depend on the drivers' choices. Every car purchased is required to maintain, at the minimum, coverage for liability to others. Otherwise, the auto is not legally allowed on the road. This coverage on motorized vehicles is the financial responsibility of every driver who must have proof to show their ability to pay for damages or injury to others resulting from an accident. This proof is the policy disclosure provided upon purchase of the coverage and must be kept in the car to be shown in the event of being questioned by law officers.
Coverages must meet state minimum requirements. For instance, in California, both the owner and the operator of a car are liable for $15,000 to cover death or injury of any person or $30,000 for all persons in an accident. Plus the minimum auto insurance cost for property damage is $5,000 for any one accident. Clearly these auto insurance costs are minimums and rarely cover the full costs of injury or vehicle damage. Additional expenses must be paid out-of-pocket which could mean substantial debt and expense if policies have not been increased to meet actual medical treatment or property replacement costs. The premium will vary according to the type of insurance coverage included. Liability coverage is that which pays for bodily injury and property damages to others, including medical expenses, suffering, and lost wages. This coverage also pays for defense and court costs, which is important since any payment typically requires a lawsuit proving liability in the accident. Collision coverage pays for damages to one's own vehicle by another car or any object. Comprehensive coverage is an auto insurance cost for loss or damage due to fire, wind, hail, flood, vandalism, or theft.
Additional protection for medical coverage, personal injury, uninsured motorists, under-insured motorists, even rental reimbursement are also available. However, all of these expenses could literally bankrupt a homeowner who has not chosen to pay auto insurance costs for sufficient coverage. Since many vehicle owners must pay a premium in addition to making car payments, income is stretched for many and the choice to reduce or eliminate policy inclusions is tempting. It is important to weigh the auto insurance costs with accident scenarios, so that risks are clearly known. Foremost, if the car is totaled, will there be enough money available to purchase another? If not, the auto insurance for comprehensive and collision coverage is vital and should be equal to the value of vehicle replacement. An insurance policy should be the first option considered when purchasing a vehicle; it's the bumper of protection the driver will never regret buying. God knows the need for simple things such as this, and promises to provide for such needs. "But seek ye first the kingdom of God, and His righteousness, and all these things shall be added unto you" (Matthew 6:33).
Comparing auto insurance estimates can help consumers save money on their car coverage and find the best possible policy package for their budgets and needs. The Internet has hundreds of quotes online with individual agents and brokers. Car coverage brokers can make getting a quote from several different agencies a simple and expedient process. There are several steps that consumers can take to ensure getting the very lowest auto insurance estimate for their cars and drivers. Following are a few tips to help car drivers and car buyers find an insurer and premiums that will save money.
The best advice given in the search for low quotes is the advise of comparison shopping. Consumers are encouraged to seek an auto insurance estimate from a broad range of small and large insurers. The differences in quotes can be surprisingly dramatic at times. The Internet is a great place to begin gathering quotes because the Internet has quite a variety of options to offer. There are brokerage firms online that offer auto insurance estimates from several insurers. Consumers may submit information to one firm, and then receive quotes gathered from several agencies within twenty-four hours. Also, comparison shopping quotes from local insurers with those agencies on the Internet will give consumers a broader range of insurers to choose from.
There are other ways to save money and receive a low quote on car coverage. Consumers purchasing car insurance can ask for a higher deductible, making monthly premiums lower. Also, before buying a new car, check out the insurance costs on the make and model of car under consideration. Some cars may yield higher auto insurance estimates than others. There can be various reasons that the make of a car can determine the auto insurance estimate and these reasons can range from crash test results to cars that are made for sports and recreation.
A poor credit history and a poor driving record can also affect a car quote. Consumers are advised to personally review their credit reports looking for incorrect information that may be a factor in the auto insurance estimate. Searching for auto insurance estimates can be taxing, but the time spent will be worth the time invested. Taking time to research is exercising wisdom. "Happy is the man that findeth wisdom, and the man that getteth understanding." (Proverbs 3:13)