auto insurance pleasure use
If you had an antique fifteen thousand dollars, leave it lying on the road to pass over any car that happened to be passing through? The answer is no, Of course not. Yet that is exactly what many business owners are doing with their company vehicles when allowed to go outside without being covered by a commercial policy of auto insurance.
Commercial insurance policies auto insurance policies differ slightly from personal auto insurance in that are intended to protect employees and their vehicles when being used for company business during company time. Many business owners, especially small business owners who have no truck fleet of more value than most Americans make in a year hitting the roads all day, fall under the spell of the propaganda that says that while an employee's car is covered by a personal insurance policy will be protected when they are on the road doing company business.
The catch is, the automobile insurance companies know that the more time they spend on the road cars the more likely it is to get in an accident. That equals that drivers are more likely to be the subject of a complaint, and insurance companies not make money to pay the claims. That's why we ask their drivers to tell if your vehicle is being used for business or pleasure when they buy their insurance policy self, and why they are dragging their feet on paying claims incurred during the time of the company and the renewal of personnel policies in the personal rates after an accident has taken place business.
Because neither you nor your employees want the hassle of having to argue with your insurance provider related to the primary use of your vehicle, and certainly do not want to have to pay tens or even hundreds of thousands of dollars in uninsured damage after an accident has taken place, it is best to buy a commercial policy of automobile insurance for your business. Through its business coverage to their employees will be protected when they are on the road doing company business, even when behind the wheel of his personal vehicle. On top of that if you decide to buy company vehicles with the express purpose of doing business of the company (for example, the journey home for repairs so heavy and expensive hardware not being moved from one vehicle) you will be protected regardless of what your employees happens to be driving.
The economy is very hard now, and it may be tempting for business owners to cut corners by eliminating the commercial insurance policies for cars and the use of those profits to help their companies stay on top, however, the risk is not worth the reward. A single accident without insurance coverage can deal with your company a blow that may have difficulty recovering from, especially if you are just keeping their heads above water as it is. Your business deserves better than having your future is up the fate and destiny, and opted not to purchase commercial auto insurance coverage.
About the Author:
Anthony M. Peck is the Senior Developer, Software Project Manager, and Director of Business Development for QuoteScout.com. For more information about
commercial auto insurance
and your small business, visit them on the web at
http://www.QuoteScout.com.
Article Source: ArticlesBase.com – How A Commercial Auto Insurance Policy Protects Your Small Business
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