If you’re someone who runs deliveries for a company or perhaps you’re in charge of transporting different clients from one destination to another, something that you’re definitely going to need is company car insurance. That way, you can be rest assured that you’ll be protected from any liability.
If you’re interested in knowing about the steps that you should follow in order to obtain this kind of coverage, we have offered you five steps below:
Study the different kinds of insurance that’s available. Just like any other kind of insurance, when you’re looking to insurance a company car, you first need to know about the different kinds that are available to you. For instance, there is liability insurance, physical damage insurance, uninsured motorist insurance, medical payments coverage and personal injury protection, just to name a few.
Think about how the car will be used. As you’re assessing all of the different types of coverage that you can purchase, what can help you to come to the right selection is thinking about how the car will be used. For instance, will it be used mostly to make local deliveries? Or maybe you’re giving one of your company cars to a salesperson who goes from business to business or house to house. Being clear on the purpose of the vehicle will help you to get the best kind of insurance and insurance package.
See if you can get a bundle rate from your insurance agent. There’s a pretty good chance that as a business owner, you already have liability insurance for your company. So, before you start looking at other insurance companies for your company car, first reach out to the insurance agent that you got your liability coverage through. In many cases, they will offer you a bundle rate by using them for several different policies.
Mention if you are insuring a car that you personally do not own. If you are planning to get commercial car coverage for a vehicle that you do not personally own, make sure to share that fact with your insurance agent. That type of coverage is known as a non-owned auto policy and it’s important that you know that it does not necessarily include collision coverage for the vehicle itself. On the flip side, this type of coverage can end up raising the medical benefits for you and the individuals who are riding in the car with you.
Go through the different options that are offered. Say that you live in Delaware and after going through some various Delaware car insurance quotes , you found a price that works within your budget. Well, if you do decide to go with a new company (because their rates are better), after the agent presents an insurance package, don’t accept it unless it meets all of your commercial car needs. Remember, it’s their job to give you just what you’re looking for so that you can feel confident that you’ve got just the type of coverage that you need. For more information on commercial car insurance, contact a reputable car insurance agent in your area.