A personal auto insurance policy won’t cover your company’s vehicle if it’s in an accident. Keep your employees and safe. Invest in commercial vehicle insurance coverage.
In these blogs, Contractors Liability Insurance company explains how it works. Our first piece of advice is simple. Don’t pay high premiums.
This auto insurance covers a variety of vehicles used in a contractor businesses. Financial safety is a priority for small business owners. It doesn’t matter whether you are a roofer, framer, plumber, electrician or general contractor. However, the need remains the same. In fact, one of the easiest ways to prevent loss is to pass the risk on to your insurer.
So let’s take a quick look at some of the vehicles that are covered.
Firstly, let’s look at your company cars. Personal auto insurance does not protect cars used for business. As a consequence, you need commercial car insurance if you have any cars used for business. It seems unlikely that a contractor will have a sedan. Even so, bear this in mind if you ever do add buy one.
Secondly, let’s look at long-haul trucking. Perhaps your employees must spend hours on the road. Or you own more than one company vehicle. Either way, fleet insurance is the answer.
Thirdly, small construction companies may have a van for the purpose of transporting tools and equipment.
For advice and tips, contact Contractors Liability. Call 866-225-1950
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