Owning a business is a tough job. Many times, you play more than one role during your day-to-day operations. From stocker to HR specialist and payroll, there are many facets of a business for which you are held responsible.
One thing you shouldn't have to worry about as a business owner is whether your commercial cars or trucks are safe while out on the road. Accidents happen, and having commercial auto insurance in place to protect your Delaware business is an important part of staying financially stable.
Each of these businesses owns and operates vehicles on a daily basis. In fact, most businesses have company cars or fleets. That's why it's important to have commercial auto insurance in place. In Delaware, you must have commercial auto insurance covering your business vehicles.
Commercial auto insurance is an insurance policy that covers every vehicle that you use for business purposes -- even if it doubles as a personal vehicle. If, at any point, that vehicle is used for your Delaware business, it must be covered with commercial auto insurance, as personal insurance will not cover accidents that occur while the vehicle is running a business-related errand. While limits and deductibles are adjustable, coverage types available include:
You can find commercial auto insurance policy options in Delaware to cover almost every vehicle, including:
If you have commercial vehicles not listed above, you can still find commercial auto insurance coverage for them in DE. Almost any vehicle can be covered by a commercial vehicle insurance policy.
There is no strict average for commercial auto insurance quotes, as every business owns a different number of vehicles, different types of vehicles, and different risk exposures. When searching for commercial auto insurance quotes based in Delaware, you'll need to have basic information about your business ready in order for the insurance agent to give you an accurate quote. Here is a list of information you should have ready:
All of this information will help the insurance agent give you an accurate quote for coverage that will properly insure your business.
Just like other insurance policies in Delaware, you may be eligible for discounts on your commercial auto insurance policy. Here are a few of the discounts you may be able to take advantage of when shopping for commercial vehicle insurance:
These are just a few of the discounts available - and each of this can save you money on your commercial auto insurance.
Many businesses opt to purchase an umbrella policy. These policies, sold in $1 million increments, increase your liability on basic policies like business insurance and commercial auto insurance. Some businesses purchase umbrella insurance in order to comfortably lower commercial auto insurance policies to the minimum liability limit required by law. While this may be financially advantageous, speak to your insurance agent before doing this to be sure you are still sufficiently covered.
Whether your Delaware business is just starting, or you've been in the business for generations and you're looking for a new insurance provider, commercial auto insurance is an important part of keeping your business protected from liability and hefty financial penalties or lawsuits. Whether you have questions about coverage, need to review your current policies, or would like information on additional policies, a Trusted Choice® agent is always available to help you.
Contact a Trusted Choice agent near you to find out how you can find the best commercial vehicle insurance that fits your needs and budget.