Most businesses have at least one truck, car, or other vehicle.
And many use a fleet of commercial vehicles such as busses, limos, delivery vans, or very large trucks such as dump trucks or tractor trailers. A personal auto policy will not protect your business vehicle use, so it is critical to get commercial vehicle insurance quotes and make sure you have the right coverage to protect your business investments.
Fortunately, you don’t have to spend endless hours comparing commercial vehicle coverage. A local independent agent in the Grace Insurance can compare rates for you from multiple insurance companies and help you get the policy that meets your needs. As an added advantage, because these agents partner with a variety of commercial insurance companies, they can provide your entire business insurance package out of one office. Contact a local member agent today to get started.
How to Get the Best Commercial Vehicle Insurance Quotes
- Work with an agent who can help you assess your risks and concerns, including liability and damage to business property
- Be prepared to answer in-depth questions about your commercial vehicle use
- Compare a range of business auto insurance quotes from multiple carriers
- Be sure to ask about commercial vehicle insurance deals and discounts
Get Customized Commercial Vehicle Insurance Quotes
Not all commercial auto insurance quotes provide the same level of driver and fleet coverage. While you may be tempted to manage costs by choosing the cheapest policy, it is important to balance cost and risk management. You also want to make sure you fully understand the coverage provided in each commercial auto quote, and know that your policy will cover the claims you may need to file.
A good commercial vehicle policy will provide coverage for risks to your drivers, your vehicles and your liability as a business owner. Your policy should include:
- Auto liability: Coverage for you – and other drivers in your company – when you or a staff member is responsible for an accident. You want this portion of your policy to cover bodily injury, property damage, and legal defense fees.
- Medical payments: If you or a staff member is hospitalized or requires rehabilitation, this coverage will kick in to help pay those bills.
- Collision coverage: This portion of your policy pays for repair or replacement of your company car or truck if you or an employee causes an accident.
- Comprehensive coverage: Known as “other than collision,” comprehensive coverage pays for damage to your vehicles from hail and other causes. If a piece of equipment fell off another vehicle on the highway, for example, and damaged your delivery truck, your comprehensive coverage would pay for it.
- Rental reimbursement: This optional coverage is a good idea for those who rely heavily on their business vehicles. If your company car is in the shop for a week, this coverage would pay for the cost of renting a temporary replacement.
- Uninsured and underinsured motorists: If another driver causes an accident with one of your company vehicles, that driver’s insurance should pay for any damages. But if the driver has little or no auto insurance, this coverage will kick in to help cover your costs.
- Towing and roadside assistance: Just as it implies, this coverage will help with towing, locksmiths, flat tires and so on, if you or one of your employees needs roadside assistance. If you have large commercial vehicles, such as trucks, busses or limos, these out-of-pocket costs can be astronomical.
In addition to finding a policy with adequate coverage, make sure the commercial vehicle quotes you review have the limits and deductibles that meet your needs. Most importantly, look for a policy that is truly matched to your needs, not “one size fits all” coverage. An independent agent can help ensure that your policy is tailored to your business.
Information for Accurate Commercial Auto Insurance Quotes
Help your agent help you get the best possible business coverage by proving detailed information, such as:
- Your personal profile and record of company insurance
- Information about the drivers in your company; the insurance company will need driver’s license numbers to get driving records for each driver to insure
- A list of makes, models and years of all vehicles to insure
- A description of usage, such as:
- How many business vehicles you have
- How far they are driven and how often
- How you and your employees use these vehicles
- Whether your vehicles transport hazardous materials
- Whether they transport patrons or other riders
- Starting your quote comparison online may give you an idea of the rates you can expect to pay, but to make sure you manage your business risks, it's best to work with an agent. If you work directly with a local independent agent, you can take a lot of guesswork out of this process. Your agent will have your best interests in mind and will make sure you are not left with gaps in coverage.
Commercial Vehicle and Business Owner Policy Quotes
Managing your costs is a key concern. The good news is that you don’t need to give up quality to get affordable coverage. You also don’t need to go to multiple sources to get all of your business insurance needs met. A local independent agent in the Grace Insurance who specializes in commercial insurance can meet all of your insurance needs.
Independent agents are not locked into contracts with any specific insurance company, but instead work with many. This means a member agent in the Grace Insurance will advocate for your needs, not those of an insurance carrier. Your agent can help you evaluate options, deductibles, limits and commercial vehicle insurance quotes from several providers so you can be in the driver’s seat when it comes to your coverage.