Making Sure You Get the Right Car Insurance for Your Business
10:01 AM
State laws for motor vehicle operators are very specific on car insurance requirements and have substantial fines and penalties for those who opt not to buy insurance. Some small business start-ups may not be aware, however, of the fact that personal car insurance policies may not cover incidents and accidents that happen during business operations.
The most critical coverage to have is liability protection, specifically for bodily injury. This coverage provides money to pay for those who are injured in an accident where the business owner has been found to be at fault. Liability protection can also cover the costs of attorneys and legal fees if lawsuits or claims come out of the accident.
An umbrella type of vehicle insurance is called comprehensive car insurance. This is coverage for damages to vehicles that are not due to an actual accident. This insurance is for items like car theft, fire, and water and hail damages.
Just like the name sounds, collision vehicle insurance is there to pick up the pieces after a crash. Collision pays for damages to other cars due to a wreck and it can cover other types of crashes, like running off the road, or hitting a tree or pole or other stationary object.
Mobile electronic devices like PDAs, iPhones, and GPS systems are critical to most small business owners these days, especially those whose businesses rely on deliveries and salespersons. There is special insurance for data, audio and visual electronic items.
Electronic and data equipment insurance is for those items that are a permanent part of the insured vehicle. Coverage also extends to items like satellite radio units that can be removed but have some sort of permanent housing or mounting within the car.
Those who rely on leased vehicles and rental cars for short-term business needs should do some research on specialized coverage like hired auto insurance. "Drive other car" coverage is wise investment for companies that use rental cars frequently.
Finally, all car insurance policy holders should be covered against those who do not comply with registration and insurance laws. It is a fact that there are many uninsured drivers out on the roads today and the smart business owner has coverage for accidents involving these drivers.
The most critical coverage to have is liability protection, specifically for bodily injury. This coverage provides money to pay for those who are injured in an accident where the business owner has been found to be at fault. Liability protection can also cover the costs of attorneys and legal fees if lawsuits or claims come out of the accident.
An umbrella type of vehicle insurance is called comprehensive car insurance. This is coverage for damages to vehicles that are not due to an actual accident. This insurance is for items like car theft, fire, and water and hail damages.
Just like the name sounds, collision vehicle insurance is there to pick up the pieces after a crash. Collision pays for damages to other cars due to a wreck and it can cover other types of crashes, like running off the road, or hitting a tree or pole or other stationary object.
Mobile electronic devices like PDAs, iPhones, and GPS systems are critical to most small business owners these days, especially those whose businesses rely on deliveries and salespersons. There is special insurance for data, audio and visual electronic items.
Electronic and data equipment insurance is for those items that are a permanent part of the insured vehicle. Coverage also extends to items like satellite radio units that can be removed but have some sort of permanent housing or mounting within the car.
Those who rely on leased vehicles and rental cars for short-term business needs should do some research on specialized coverage like hired auto insurance. "Drive other car" coverage is wise investment for companies that use rental cars frequently.
Finally, all car insurance policy holders should be covered against those who do not comply with registration and insurance laws. It is a fact that there are many uninsured drivers out on the roads today and the smart business owner has coverage for accidents involving these drivers.
About the Author:
The Cheap Car Insurance for Women Center was established to help people learn about the various aspects of car insurance. A aspect that is discussed is Tips for Getting Car Insurance.
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