If you are a business owner, you or your employees might drive every day. Maybe your car is a vital part of your home delivery service for the elderly. You might run a cross-country trucking business. No matter how you and your employees use your commercial vehicle or fleet, you could be at risk in the event of accidents. When an accident happens, knowing how to file commercial vehicle insurance claims will help save you valuable time.
An agent in the Trusted Choice network® can help make sure you’re covered. Your agent will help you through the process of filing your commercial auto insurance claims and can answer all your questions. If you are looking for commercial auto insurance and want to find someone you can trust to help you, contact an independent agent in the Trusted Choice network. Find an agent today and get the assistance you need.
You know having insurance is important, but you may wonder what kind of insurance policy is best for your business. Normal commercial auto insurance on standard vehicles is very similar to your personal auto policy.
For example, perhaps you have specialty delivery trucks, a fleet of limousines, or several vans painted with your company logo for delivering catering services to weddings. You need the right amount of collision and comprehensive insurance to cover the cost of repairing or replacing those expensive vehicles. You will also need enough uninsured/underinsured motorists coverage so you can be prepared to file claims involving drivers who cannot cover your repair costs.
Let’s look at some common types of commercial auto claims and how you’ll be covered:
There are very simple steps you can take to ensure your commercial vehicle insurance claims process goes smoothly. First, always check for injuries and contact the appropriate authorities.
Next, gather the following information to relay to your insurance company when making your claim:
It is a good idea to record everything that has happened at the scene. For example, if you take pictures of all vehicles involved and jot notes about what happened, you can provide this information during the claims process.
If the accident is minor, evaluate whether it will be worth it to call the insurance company to file claims. You should know your deductible and how your coverage applies to the accident.
If the cost of the damage is lower than your deductible, it may be more cost efficient to pay for the damage out of pocket. Having high deductibles can lead to lower annual premiums, but you have to make sure you have the funds to cover the difference. Many insurance companies will offer lower premiums for businesses that remain claims-free. Use your judgment and review your policy if you are on the fence.
Ultimately, you want to avoid filing commercial vehicle insurance claims altogether. Clean claims records will save you money and keep your premiums low for years to come. While you can’t always predict the safest travel route, you and your employees can take certain safety measures to prevent accidents that are a result of ignorance. Here are some ways to stay safe on the roads:
When accidents happen on the clock, you will be glad you took the time to put the right coverage in place. Filing commercial vehicle insurance claims can be a challenging process, depending on your provider and the nature of the claim, so work with a local agent who will advocate for your needs.
If you are partnered with an independent agent in the Trusted Choice network, you can have confidence that your claims process will go smoothly. If you need new or additional coverage, your agent can help and will make sure you have exactly what your business requires. If you’re ready to speak with someone who understands your business needs, find a Trusted Choice member agent today.