Business vehicle ownership in Richmond Hill, or anywhere else,
carries with it a high risk possibility for lawsuits, legal issues and
property damage. If you’re using vehicles as part of your everyday
business, your risk is burgeoned with each additional vehicle &
driver. Here’s all you’ve to know regarding commercial auto
insurance in Richmond Hill, and keep yourself, your staffs and your
Do I truly require commercial vehicle insurance?
A personal vehicle insurance policy just is not meant to account
for the augmented risk that comes with employing an automobile
for commercial reasons. Moreover, commercial use of an
automobile may in fact infringe the terms of a personal vehicle
insurance policy, which means that if you’re in a mishap, your
claim may be rejected, even if the mishap happened while
running your automobile for personal use. If you employ your
personal vehicle for business over 3 times per month,
commercial vehicle insurance may be the ideal choice.
What is the actual difference between personal and
commercial auto insurance?
Using an automobile for business purposes creates greater liability.
Here’re just a few things a commercial vehicle insurance policy
might cover that would not usually be covered by a personal auto
•Coverage while you’re hauling a trailer or equipment you don’t own
for profit or business.
•Coverage for & multiple vehicles and multiple personnel driving
business or personal vehicles.
•Coverage for extra automobiles you may buy for business purpose.
•Coverage that’ll pay for you to hire a business automobile if yours
is inoperable temporarily.
•Coverage in the case that you or one of your personnel needs to
drive a vehicle that you don’t own.
How can I save money on commercial auto insurance in
Saving money on commercial vehicle insurance is not much
different than saving on personal vehicle insurance. Listed below
are a few ways
you can decrease your premium fees.
•Appoint staff with excellent driving records
•Provide drivers extra training in winter driving or defensive driving
•Employ the same company for each of your insurance need, and
ask for package discounts.
•Buy automobiles with extra safety features, or have them fitted on
automobiles you already own.
•If you’ve the facility, park your business automobiles inside a
garage or secure lot.
Whether you are a contractor, a small business owner or a delivery
driver, don’t take the risk of having a small disaster become a big
one. Check out with Bartholomew & Son Inc. Insurance Brokers
Brokers Inc to be certain you’ve the right commercial auto
insurance in Richmond Hill to keep your business up & running.
1 West Pearce Street Suite 300
Richmond Hill, L4B 3K3
Local: (905) 707-0084
Toll free: (877) 291-3322
Fax: (905) 707-7545