Who Should Get Commercial Car Insurance?
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Posted On :
Nov-27-2010
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Article Word Count :
522
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Commercial car insurance offers protection for the business vehicles. If your company owns a fleet of vehicles, you need to buy fleet insurance. The number of vehicles covered in the fleet insurance differs from various insurance companies.
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Commercial car insurance offers protection for the business vehicles. If your company owns a fleet of vehicles, you need to buy fleet insurance. The number of vehicles covered in the fleet insurance differs from various insurance companies. Fleet insurance is cheaper compare to personal automobile. Commercial auto insurance does not offer protection for personal auto insurance policy. If your company own vehicles, you need to purchase insurance because of the requirement set by the motor vehicles department.
The motor vehicles department requires commercial vehicles to have liability insurance.
Commercial vehicles don't have to report their insurance policies to the state department. However, the proof of insurance carried by the commercial vehicles must state that it is one of the company owned vehicles. The proof of insurance carried by drivers of commercial vehicles doesn't need to state the number plate of the vehicle.
When buying commercial automobile insurance, companies will be asked to list the name of drivers. The company will check the driving records of the drivers. If one of the drivers has bad driving record, the insurance company will increase the premium cost. Some insurance companies will reject the application of the insurance policy.
Besides fleet policies, there are commercial auto policies that are designed for smaller fleets. Commercial auto insurance polices that cover smaller fleets of vehicles usually only cover certain types of vehicles. You will have to ask the insurance company about the type of vehicles that are supported by the insurance policy. If you have an insurance agent, you must provide him information about the vehicle fleet including the types of vehicles, engine size, weight and etc.
There are many factors that determine the cost of the commercial car insurance including business location, driver records, and type of vehicle. If the vehicle is situated in a place that has a lot of car theft cases, the insurance company will increase the premium cost. To lower the cost, you can install anti-theft features in all the business vehicles. Examples of anti theft features that are commonly installed in commercial vehicles include break lock, air bag, GPS tracking, seat belts, alarm and etc. You have to ask the company to provide information about the approved safety features. The drivers that are hired by the company must have valid driving licenses and good driving records. High profile car has a high premium cost because the replacement parts are expensive. Sedan cars that have middle size are charged with the lowest premiums. The amount of deductible you pay will also affect the premium charges.
You must determine the ways the commercial vehicle is being used. If the commercial vehicle is used for long distances, the premium cost will be higher. If you own the vehicles, your premium rates will increase as well. If the vehicles are owned by the drivers, your premium will be cheaper. If you want to shop for commercial vehicle insurance, you should do research with the insurance search engine. You can use the insurance search engine to compare the quotes and features of the commercial vehicle insurance policies provided by different companies.
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Article Source :
http://www.articleseen.com/Article_Who Should Get Commercial Car Insurance?_43248.aspx
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Author Resource :
Protect your business and vehicles with commercial car insurance and learn how to lower car insurance rates.
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Keywords :
commercial car insurance, business car insurance, auto insurance, get insurance,
Category :
Finance
:
Insurance
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