Commercial vehicle insurance allows companies to survive major accidents that write off their vehicles, cause business stoppage and millions of dollars in damages. Such accidents can happen any time; regardless of the prestige of your vehicles and drivers you should always have fully comprehensive commercial vehicle insurance. Let’s find out a little more from one of the USA’s most prominent insurance agents.
How can businesses prepare for transit accidents?
There’s no way to be fully prepared but the obvious way to minimize cost is by having fully comprehensive commercial vehicle insurance. You can reduce the odds of an accident occurring in the first place by hiring well travelled, certified drivers with totally clean driving records. Review your driving team; lose the drivers with no commercial driver’s license, DUIs or any other black spots on their records and drivers with no experience. This will have the added benefit of reducing your premiums.
Is it important what vehicles you use?
Absolutely, again the quality of your vehicles is a factor which determines the likelihood of an accident. It is always favorable to use well known and respected vehicle models. It’s also a good idea to use as new vehicles as you can afford and to keep your vehicles in tip top condition to reduce the likelihood of an accident. Vehicles with additional features such as anti-theft or anti-fire devices also incur much lower premiums, so they’re definitely worth the extra effort.
What should you expect from your insurance agent?
First of all you should expect high quality, attentive service. Another thing you should look for is an insurance agent that’s flexible and open to negotiation. A good insurance agent will offer a special deal for extra business, for example insuring personal vehicles or property at the same time as commercial vehicles or paying your future premiums far in advance.