For small businesses especially, commercial car insurance is one of the main expenses that have to be considered. Many have a false notion that affordable commercial insurance can be hard to find. However, a keen talent for research has proven that business owners can often find competitive commercial insurance rates just by performing quick online comparisons. These days, a lot, if not all insurance companies offer coverage for company cars. it's not unusual to find special deals for them.
Those running businesses and wanting commercial car insurance should start off by knowing the insurance requirements in the state where the business is located. Some states actually don't require auto coverage at all. However, even in cases like this, car insurance is still advised because getting into a car accident can be devastating, financially, to a business that may not have enough money. It may also not be enough to have a personal insurance plan to cover the business car driver. More often than not, in the event of an accident, the opposite party may sue not only the driver. The business as well. Another thing to be aware of is insurance companies usually don't cover personal plans if they find out that the car was used for business purposes at the time of the accident. All these contribute to why commercial car insurance is a must!
Businesses that have several vehicles, generally more than two, should opt for a car fleet policy instead. Instead of dealing with individual insurance coverage for each car the company has, the business can get a general policy for all the cars. Save time, effort. Of course, money! In a car fleet policy, specific liability limits are applied to every vehicle, meaning changing the limit to one car means changing it for all. Also, if an employee of the company is registered with the same insurance provider as the fleet, then they can drive any vehicles in the fleet and still be covered!
Sukhdeep Singh http://www.safeauto.com