Any business that is on the move needs commercial auto insurance not just to protect the cargo, and your business, but also to protect the employees who are driving. No one wants to have one of their employees involved in an accident but, if one happens, you’ll need insurance to limit its effect on everyone.
Accidents can happen in any kind of business, from major trucking operations with a fleet to companies with one vehicle making small-scale deliveries. The experienced team at NL Insurance & Accounting Solutions has the knowledge that you need to make sure you’re getting the right insurance plan for your business needs.
Types of Commercial Auto Insurance Coverage
There is a range of coverage options that can help protect your employees and your business in the event of an accident. Our professionals will help you sort through your policy options and explain the various coverage options and how they can benefit your specific business. You may consider:
- Uninsured and underinsured motorist coverage
- Collision coverage
- Bodily injury liability
- Medical payments coverage
- Personal Injury Protection (PIP) coverage
- Comprehensive coverage
- GAP coverage
- Bailee coverage
While you may hear many of the same terms used in commercial auto insurance as in auto insurance for individuals, the policies can be very differently, reflecting the difference in the needs of businesses. The coverage amount that you need should also be based on your unique business, and it may be very different from your personal auto coverage. You may also need to insure not just your own property, but the property of other businesses that are your clients.
It is wise to work with insurance professionals who have experience with the needs of businesses in auto insurance, and not just individuals. At NL Insurance & Accounting Solutions, we have extensive experience understanding business needs and fulfilling them with quality policies with flexible options.
The Importance of Commercial Auto Insurance
When an accident happens, there is often a wide range of damages. Your employee or the driver of the other vehicle may be hurt. In this case, your business may be liable for significant medical costs. For a business of any size, meeting these costs can be challenging. For a small business, they can put the company out of business.
You may also suffer damage to your assets during an accident. Your vehicle, inventory, tools, and equipment may be damaged beyond repair. Commercial car insurance can help you cover the costs of these expenses, or completely cover them so that your business can keep operating as normal.
Otherwise, the expenses and damages from an auto incident can significantly impact your business.
Choose Us for Your Commercial Auto Insurance
We want to work with your business for the long term. Our commitment to you is to act with integrity, giving you the knowledge and resources that you need to truly make the best auto insurance decision for your business.
If you are considering commercial auto insurance in Orlando, reach out to us at NL Insurance & Accounting Solutions.
