Does your enterprise use a automobile? If a automobile or different car is part of your enterprise, you could just remember to have a prime notch
industrial automobile insurance coverage
coverage! A industrial auto insurance coverage coverage will defend your enterprise in a number of other ways.
Sadly, there’s a whole lot of misinformation floating round about industrial automobile protection. In an try and clear up the misconceptions, listed here are 5 widespread industrial auto insurance coverage myths, and the reality behind the confusion:
Fantasy 1: Any worker is roofed when driving an organization automobile.
In some circumstances, industrial automobile insurance coverage insurance policies specify that drivers are solely lined if their identify is on the coverage. This implies that it’s the enterprise proprietor’s accountability to guarantee that this record of drivers is saved updated, and that staff that aren’t listed on the coverage know that they aren’t permitted to drive firm automobiles.
Fantasy 2: Seasonal companies ought to cancel their protection when their automobiles aren’t in use.
For those who run a seasonal enterprise, it’s possible you’ll be tempted to solely buy industrial auto protection for your enterprise automobiles when your enterprise is open. There are a number of the reason why cancelling your protection is a nasty thought. First off, your automobiles will lose their safety – whereas they gained’t get into an accident once they’re not on the street, they might nonetheless be the goal of a thief, or get broken by a storm or a falling tree. Additionally it is price noting that some industrial auto insurance coverage suppliers will cost you extra to insure a automobile that has gone with out protection. So, letting your protection lapse could price you while you’re prepared to begin enterprise once more. As a substitute of cancelling your protection altogether, name your Massachusetts insurance coverage agent and ask about lowering your protection to legal responsibility solely.
Fantasy 3: You don’t want industrial automobile insurance coverage protection in your private car.
For those who solely use your car for private use, then a standard auto insurance coverage coverage will go well with you simply wonderful. If, alternatively, you understand that you’ll sometimes make use of your private automobile for
industrial makes use of
you could ask your insurance coverage agent whether or not you want a industrial car coverage. This consists of transporting industrial items or paying passengers, or in case your automobile has tools put in to help a enterprise.
Fantasy 4: You could pay your insurance coverage premium in full and up entrance.
Don’t fall into the entice of pondering that you’re required to pay your total insurance coverage premium up entrance. In truth, many insurance coverage suppliers will will let you pay in installments. It is very important observe, although, that by utilizing a cost plan you’ll typically be shedding out on a ‘Pay in full’ low cost. Ask your enterprise insurance coverage agent in regards to the particulars of your coverage to search out out extra.
Fantasy 5: It can all the time be least expensive to bundle your enterprise insurance coverage insurance policies with the identical supplier.
Right here at Vargas and Vargas Insurance coverage Company, we’re specialists at getting our clients nice insurance coverage at a low worth. Due to this, we all know that bundling isn’t all the time the way you get the very best worth on safety in your industrial automobiles. In truth, typically you’ll pay a lot much less in insurance coverage premiums when you benefit from reductions provided by completely different insurance coverage suppliers. To seek out out about the best way to save on all of
your enterprise insurance coverage insurance policies
name the specialists at
617-298-0655
.
