Own A Business? How To Get The Most From Your Commercial Auto Insurance

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When you own a business, you need to make sure you have the right amount of insurance coverage. This includes your commercial vehicles. If you haven't bundled your commercial auto insurance with the rest of your commercial insurance, now's the time to do that. Bundling can save you money on your commercial auto insurance. There are other steps you need to take too. Read the list provided below. Here are four steps that help you get the most benefit from your commercial auto insurance. 

Check Driving Records 

When it comes to insuring your company cars, knowledge can save you money. This is especially true where employee driving habits are concerned. Before you add employees to your commercial auto insurance, you need to check their driving records. You might not think employee driving records matter for commercial auto insurance, but that's not the case.

When you buy a commercial auto policy, the insurance company checks all driving records. If any of your employees have blemishes on their records, you'll pay more for your commercial auto insurance. That's why it pays to investigate driving records before adding employees to your auto policy. 

Insure Personal Cars

If you need to buy commercial auto insurance, don't forget about personal cars. Some personal cars do need to get added to your commercial auto policy. If your employees will drive their own vehicles for company business, you need to add their cars to the insurance policy. Also, if your company cars become your personal cars after hours, make sure your policy covers the after-hours use. If not, after-hours mishaps might not get covered by the insurance company. 

Increase the Limits

Now that you're buying commercial auto insurance, make sure you get the coverage you need. A good place to start is with the limits. Reducing the coverage limits can save you money on monthly premium payments. But, you might not get the coverage you need. This is especially true where liability coverage is concerned. To make sure you get the protection you need, increase the coverage limits. Also, be sure to add liability coverage to the policy. 

Include Rental

When it comes to buying commercial auto insurance, make sure you plan for mishaps. One way to do that is to include rental coverage in your commercial auto insurance policy. Rental coverage will ensure that your company isn't without transportation after an accident or other covered mishap.

For more info, contact a company like Del Toro Insurance.