Anyone who uses their vehicle for business purposes will likely need Commercial Auto Insurance in Santa Cruz. How does this type of insurance differ from personal auto insurance, and why is it needed? In addition, businesses often want to know what the policy covers and how much is needed. The best place to obtain this information is through an insurance company, as each business is different and will have specific needs. However, following is an overview of what a business should look for when making this purchase to protect their company.
How Does Commercial Auto Insurance Differ From a Personal Policy?
Businesses have more liability when it comes to the use of vehicles in their daily operations. As a result, the liability insurance requirements tend to be much higher. This is to ensure passengers, employees, work equipment and more are covered in the event something goes wrong.
Why Is It Needed?
One accident can wipe out a business if the claim is high. Business owners need to ensure this does not happen to them, and the commercial policy is in place to prevent this from occurring. This is true for anyone who drives a vehicle as part of their work, including those who drive cars, SUVs and any vehicle with work equipment.
What Does It Cover?
A commercial policy covers everything found in a personal policy and more. A business with employees will want to make certain they are protected if an employee is in any type of accident, and coverage is needed to replace equipment damaged in the incident. These are only two examples of what a commercial policy will cover, and an insurance agent can make recommendations as to what is needed.
How Much Does This Insurance Cost?
There is no one answer to this question, as too many variables come into play. An agent can input the needed coverage, the desired limits and more to provide a quote. This offers the most accurate information.
If you need Commercial Auto Insurance in Santa Cruz, contact Coast Auto Insurance (visit us website). The company works with businesses every day to ensure they get a policy that meets their needs in every way. In addition, they offer a wide range of insurance policies, including homeowners and RV, so customers find they only have one company to work with to make certain they are protected at all times. This is of great help to many.
