Locally-owned companies are thriving in the Hoosier state, but the financial risks of running a business increase significantly when company vehicles are part of the equation. Accidents do happen, and when they do, liability expenses can bankrupt a company that is not property insured. Commercial vehicle insurance can protect your business from financial ruin, and is mandated by state law.
As a business owner, you can benefit from having an insurance advisor review your current policy to ensure that you have enough coverage and that you are paying a competitive rate. Independent agents in the Trusted Choice® network can do just that. Independent agents can review your unique coverage needs with you and show you a variety of competitively priced policies that can meet those needs. Contact a local member agent today for more information about Indiana commercial vehicle insurance.
Commercial vehicles can range from small cars, such as those used for pizza deliveries, to large 18-wheel trucks. Different types of vehicles have different insurance requirements mandated by the state. In particular, vehicles used to transport passengers have the strict liability coverage requirements. Make sure you discuss the nature of your business with your insurance agent so that you can make sure you’re getting the appropriate Indiana commercial vehicle insurance coverage for your needs and risks.
There are several types of Indiana commercial auto insurance that you are advised to carry, but state law requires the following minimums for liability coverage:
Even the best drivers can find themselves involved in a collision. Inclement weather conditions, dangerous roadways and other drivers can all play a roles in collisions.
Many accidents are preventable. You can do your part to minimize risks by keeping your company vehicles well-maintained, training your employees on safe driving habits, and limiting the number of hours your drivers spend on the road each day. Finally, be sure to purchase appropriate Indiana commercial vehicle insurance to keep your finances safe when the unexpected happens.
Each of companies headquartered in Indiana is unique, and so are their commercial vehicle insurance needs. There is no such thing as a one-size-fits-all policy when it comes to Indiana commercial truck insurance. This can make shopping for a policy difficult, and, at times, confusing. It’s important to carry all the coverage that you need, but how will you know if you’re paying too much for coverage?
A local Trusted Choice independent agent can find you several competitive Indiana commercial vehicle insurance quotes that will fit your needs and the state requirements. What is more, the right commercial vehicle insurance can prevent your company from experiencing undue financial hardships in the event of an accident. Your agent can also ensure that you have proper coverage for rentals or replacement if that becomes necessary for your company.
Find an agent in your neighborhood and see what working with a member of the Trusted Choice network can do for you.