Fleet Car Insurance
Fleet auto insurance is essential to businesses that depend on multiple vehicles in order for the business to succeed because excellent coverage could mean the difference between being prepared and being financially ruined if anything happened to a business owner's vehicles. There are many choices to make when researching fleet car insurance and many questions that need to be answered before a business owner determines which policy best meets his or her needs. Business owners are advised to look at multiple carriers before determining which one is most suited to the size and industry of their company.
Business owners first need to determine if the policy will cover vehicles only, or also bodily harm and injury to drivers and passengers. Does the fleet car insurance need to cover vehicles that are stored in the garage or at the loading docks? In addition to answering questions of coverage, business owners should also answer questions of services. Is the company available in any part of the United States, twenty four hours a day, seven days a week? Does the fleet auto insurance company provide training, such as drivers' safety classes or accident prevention classes? The answers to these questions could be the deciding factor between choosing companies whose prices seem comparable.
These types of policies can benefit companies with only a small number of vehicles or companies that have interstate facilities with hundreds of vehicles that travel from coast to coast. What is most important when trying to determine which fleet car insurance company is best for a particular business is reliability and dependability. Look at the reputation of the company and the amount of experience it has with the owner's type of business. Many of the company names will be household names. A good place to start is by researching these well-known names to see the rates and services they offer. Do not choose fleet auto insurance on the basis of the premium only. A solid customer relations history is an important factor to consider. This way, in the event of an accident, a business owner can be reasonably certain that his insurance company will be able to help them get back to business as quickly as possible. As believers, we must take care of our business in the right way. Proverbs 10:4 instructs us, "He becometh poor that dealeth with a slack hand: but the hand of the diligent maketh rich." Don't cut corners. Investigate options carefully.
Commercial auto insurance provides coverage for business vehicles in the event of an accident involving injury, death, or property damage. This covers many types of businesses that work with a variety of vehicles in their day to day operations. Rates vary depending on the amount and type of coverage that is received and one can seek free quotes online through a multitude of websites. In order to receive quotes, driving history must be reported, and these reports could cause original quoted rates to change. Some commercial vehicles covered through commercial car insurance are passenger autos, pick-up trucks, tow trucks, tractor- trailers, and farm related vehicles.
Bodily-injury and guest passenger protection pays for any injury that the insured is responsible for and any legal issues associated with the claim. Commercial car insurance includes property damage coverage, which covers damage to property caused by the insured's vehicle and any legal issues involved. Comprehensive coverage repairs and or replaces loss to insured's vehicle, regardless of fault, but a deductible must be met with coverage before the policy will pay out. A commercial auto insurance policy may also include collision coverage, which will pay for damage to the insured vehicle if it is involved in an accident with another vehicle, regardless of fault.
Discounts for this service may apply for various reasons including safety and security. Anti-theft devices capable of recovering the vehicle may include a discount on premium, if comprehensive and collision is included on the policy. Good driver discounts as well as discounts for safety features on the vehicle may apply to commercial auto insurance policies. Multi-vehicle discounts, annual mileage, and the type of commercial vehicle will probably affect commercial car insurance rates. It is important to obtain a free annual credit history copy before applying for a free quote. "For by wise counsel thou shalt make thy war: and in multitude of counsellers there is safety." (Proverbs 24:6)
Additional information needed to purchase coverage involves knowing how the vehicle is used. With a policy of this nature, using the vehicle for sales calls, business trips, picking up supplies, and estimation of annual mileage may all be factors affecting rates. Some exclusions of coverage for commercial car insurance may include carrying persons for a fee, intentional acts, racing or stunt driving, and others. The individual or business owner can research options on the Internet for commercial auto insurance before purchasing a policy to be an informed customer and to ensure lower rates.
Commercial Trucking InsuranceCommercial truck insurance can be issued to truck or fleet owners based on the type of vehicles and scheduled uses on local, interstate, and intrastate roads. This is ideal for various types of trucks: dry vans, refrigerated trucks, flat bed trucks, dump trucks, car haulers, or loggers. If an owner seeks coverage for larger fleets, broader policies are available which provide commercial truck insurance for owned, non-owned, and hired (or subcontracted) vehicles. There are also options that allow owners to base the policy on gross revenue of business or a mileage premium method, although better business may mean increased charges. Unlike recreational truck insurance, commercial trucking insurance has various policy endorsements which allow for regional commercial regulations and even pollution liability.
A policy can also be written to cover the freight being hauled. If owners want to protect themselves against risk of cargo damage or loss, motor truck cargo is a policy that can be purchased with a maximum load limit per vehicle. All hauled cargo can be evaluated to determine the exact loss or replacement value so that the cargo can be insured at a rate that will fully protect the trucking company. For instance, commercial trucking insurance can include provisions to protect cargo whether it is on the truck, in the terminal, or in the warehouse. If a load cannot be delivered, commercial trucking insurance can also include a Warehouseman's legal liability policy to help pay for any charges for storing undelivered cargo.
Companies that employ truckers will be required by law to carry coverage that includes workman's compensation. This ensures that any injuries sustained on the job will be fully treated without loss to the company or the employee's family. Even independent truckers or "owner/operators" can carry a similar type of commercial truck insurance called an Occupational and Accidental Injury policy. All quotes may post driver requirements as well such as Commercial Driver's License (CDL) driving experience, age limits, and no more than three moving violations, at fault accidents, or major violations in 3 years. "O the depth of the riches both of the wisdom and knowledge of God! how unsearchable are his judgments, and his ways past finding out! For who hath known the mind of the Lord? or who hath been his counselor?" (Romans 11:33-34) Some state statistics says that every 16 minutes, a person is killed or sustains injury in accidents involving 18-wheelers, tractor-trailers, or semi-trucks. Large trucks are more likely to be involved in a fatal multi-vehicle crash than are passenger vehicles and, odds are, that the accident will occur in good weather, on dry roads, during the daytime, in a rural area, on a weekday. For the protection of all, the right commercial trucking insurance deserves serious consideration.
Commercial vehicle insurance quotes are offered in a wide range of prices depending on business needs. Whether someone owns one or two vehicles or a whole fleet of business vehicles, it is necessary to purchase coverage. Requesting a commercial vehicle insurance quote from several companies is the best way to compare prices and options. This information is easy to receive through many online companies that have designed specific packages for many business needs.
Before beginning to request information, it is good to determine exactly what kind of coverage is actually needed. Many businesses either do not purchase enough coverage or purchase more than they actually need and may not have done their homework in securing competitive information and commercial vehicle insurance quotes. Researching the best information as well as receiving the lowest result is important in determining what is right for the business. It may be helpful to secure the services of a broker who can represent personal needs while securing the best commercial vehicle insurance quote and policy information.
When determining which option to choose, be sure to take into consideration the amount of coverage needed to cover all business assets. Many times businesses fail to purchase enough coverage and in cases of law suits or other claims and lose their property or equipment. Be sure to request a commercial vehicle insurance quote that includes enough coverage for personal and business needs. "Confess your faults one to another, and pray one for another, that ye may be healed. The effectual fervent pray of a righteous man availeth much." (James 5:16)
No one can tell what the future holds, so it is important to have adequate coverage in order to keep a family or business safe in the instance of tragedy. Finding a company, but more specifically an agent that is honest is important in determining coverage options. After looking at many quotes and interviewing many companies take time to seek wise counsel about the decision. Talking things over about a commercial vehicle insurance quote with another person is never a bad idea.
When requesting information from any insurance source, keep in mind that there are many different policies from which to choose. A person can receive commercial vehicle insurance quotes for liability insurance and any other damages that are applicable to vehicles from the business. In many respects, the coverage on personal auto policies will be similar to this coverage, except on a larger scale. Make sure to check commercial vehicle insurance quotes for liability coverage since states require minimum coverage.