If you talk to an accountant, they will tell you to keep your personal funds separate from your business. The same concept applies to insuring vehicles used for commercial purposes. For example, if you drive your private car to deliver flowers for your floral business and you are in an accident, your insurance company may not cover the damages. It doesn’t matter if you have one or one hundred, a commercial fleet policy should protect any car, truck, or van used in the course of your business operations.
Avoid having your claim denied because you have inadequate protection. The brokers at the Business Insurance Center work with a plethora of industries and understand the different needs a small business owner faces. We help you get the coverage you need with commercial fleet insurance quotes you can afford.
General Information on Commercial Fleet Insurance
State laws dictate the requirements of fleet insurance. However, they all have this in common – the coverage is different from personal insurance. Here are some other differences and tidbits you ought to keep in mind:
- There is no individual owner. That’s right. The listed owner on a fleet of vehicles must be the company, even if it’s a sole proprietor.
- The number of cars or trucks doesn’t matter. You can have one or one hundred vehicles. It’s how they are used that matters, not the quantity.
- Be sure you add new drivers immediately. The last thing you want to happen is to have a new employee get in an accident before you had a chance to add them to the policy. Anyone who drives a company vehicle should be added.
- You may need add-ons for equipment and personal items. The purpose of fleet coverage is for drivers and vehicles. It does not necessarily cover personal items, tools, and products being carried within the truck or car.
- Employees with good driving records help keep your premiums low. That’s right. The driving history of your employees can affect how much your rates will be.
- It’s critical to review and update your policies frequently. When you hire or lose drivers or add and remove trucks, let your insurance company know immediately. Keep in mind that changes often happen that your insurer needs to know.
- As your company expands, so should your protection. We all expect our businesses to grow continually. As yours does, you may need to raise liability limits.
Get a Commercial Fleet Insurance Quote from a Knowledgeable Brokerage
Don’t assume that your personal automobile insurance will cover damage from accidents for your business vehicles. Talk with an experienced broker at the Business Insurance Center and get a commercial fleet insurance quote today. Since the 1980s, we have worked with small business owners like you to ensure you have the coverage you need to keep operating at rates you can afford.
Request a quote online or call (888)-585-0511 and speak with a knowledgeable and experienced broker at the Business Insurance Center. We have a 24/7 call center to serve you and an online Live Chat operator. We serve the entire United States.