Sunday, September 1, 2013

What Is Business Vehicle Insurance?

By Justin McKenzie


There's a lot to think about when it comes to insuring your car: Which level of coverage do you need? What should be included in your policy? Which auto insurance Burlington company should you buy from? After you've answered these important questions you also have to consider the price.

Business auto insurance covers you for driving to and from business locations, taking business materials in your vehicle, or giving work colleagues a lift. In fact, it covers just about anything that relates to your work. Have a look around for affordable business auto insurance in Burlington to get the best deals.

Many auto insurance companies actively promote using their online services for finding and purchasing your insurance policy. They even give discounts to online customers.

Don't be tempted, however, to skip paying these premiums by purchasing a domestic-only insurance policy, as your insurer is unlikely to pay out if you claim for an accident that you sustained while performing your work duties.

-Third party or Liability Insurance

Pros: -Fast and super easy -All on one platform, you don't even need to leave your house! -Possible online discounts

Cons:

What Coverage is There?

Comparison Websites

Commercial or business vehicle insurance policies will cover you for the same kind of incidents as other insurance policies like collisions, non-collision damage, bodily injury and property damage to name but a few. Here are some of the types of business auto insurance coverage:

This type of insurance will cover medical expenses and personal injury costs of you and your passengers if you're involved in a collision regardless of who is at fault.

Pros -All information is gathered by professionals and available for you to search through -Customer reviews, links and business information is provided about the insurer

Cons -Some insurers don't allow themselves to be listed on comparison sites -The price displayed is usually the most basic cover offered - no added extras.

How to Get a Good Deal

An insurance broker is a third party who is trained in all the legalities of insurance and whose aim is to try and get you the best deal possible on your car insurance. They often have contacts and networks of insurance affiliates they operate with and are very knowledgeable on all types of coverage and insurance policies that are available.

Due to higher premiums, auto insurance companies love dealing with business customers, so get on the phone and do some serious haggling to make sure you're getting the most affordable deal you can.

Moreover, think about how much money you would lose through personal injury if you were involved in an accident and you no longer had access to a car to get to work. On the other hand, if you only drive short distances for social purposes, it may be worthwhile only investing in third party or liability insurance.




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