The following are some of the key elements of commercial auto insurance coverage, which in many ways is like what you may have on your personal auto. It can cover collision, comprehensive liability, uninsured, motorists, et cetera. However, there are other important coverage options you do need to be aware of. For example, when employees use their personal vehicles in your business or you rent specific vehicles, how are you protected? We can guide you through these and other common business auto coverage weaknesses. We uncover too often. The most significant difference between commercial and personal auto are the factors used in developing the premium? They include, how are the driving records of your employees? This can have a positive or very negative effect on your premium. We can guide you to ways to help reduce costs in this area. How are the vehicles used? Are they on the road most of the day or do they remain at specific job sites? Are employees allowed to take vehicles home at night? What are the gross vehicle weights for rating purposes? Vehicles are normally rated from light up to extra heavy, heavier, the higher the premium? What are the traveling distances? Of the vehicles? Is it mostly local, regional or across several states? Do your vehicles have any special attached equipment? These are some of the questions used in developing your policy protection and ones you should be prepared to answer when looking at your commercial auto coverage options.
We’d be happy to review your insurance coverage options with you! Give us a call at (570) 823-7626 or visit https://etroyinsurance.com.