We’ve heard lots of renter horror stories. Someone may break-in your apartment and steal valuables or a collapsed ceiling in a rented townhouse may ruin the furniture. Broken water pipes may flood the whole apartment and leave the renter without a place to live. These incidents make renters insurance a necessity wherever you live.
At some point, your business may need a commercial vehicle. For business startups, the right vehicle isn’t just a means of getting around. But it should be a tool used to improve operations. Are you going to use it for deliveries? As a mobile office? Or as part of advertising? Find out where your commercial vehicle fits in your business. Here are some things to consider.
Fuel can take up to about 30% of the total operational costs of a commercial vehicle. Thus, improving fuel efficiency should be prioritized by fleet managers to save money.
There are new technologies nowadays that enhance fuel consumption. However, to fully reap its benefits, your drivers should also be taught to reduce fuel usage. Your drivers’ driving style can make a big difference in fuel consumption. Therefore, making them efficient drivers will reduce operating costs and contribute to road safety. Here are some tips you should teach to them to save on fuel!
Owning and managing a business is one of the most difficult things you can do in life. And owning a fleet of vehicles certainly doesn’t help. Vehicles constantly need maintenance and repairs and the welfare of your drivers may also be of concern. All of these can take a toll on your finances and may even put your business at risk. That is why it is always a good idea to insure your commercial vehicles properly.
Business owners face a lot of financial risks every day. These risks vary from liability concerns to workers compensation problems. If you have commercial vehicles your risks are very high every time an employee takes a vehicle out on the road but commercial auto insurance will protect you and your business in case of road accidents.
In the article below we’re going to outline some of the basics of commercial auto coverage, but the best way to determine if you have the right commercial auto insurance policy is to work with a licensed independent insurance agent.
There are a lot of options when it comes to buying insurance. You can visit insurance websites to get quotes online, use a smartphone app, call an 800 number, or contact a local insurance agent. There is no better way to buy insurance than from an independent agent. Of course we’re biased, but there are too many reasons to buy from an independent agent instead of from someone who works directly for an insurance company. Here are 4 of our favorites:
You Don’t Have to Shop Around
Independent insurance agents work with multiple insurance carriers, which means we can run quotes for several different insurance companies at the same time and determine right away where you’ll get the best deal. If you visit individual insurance company websites or call 800 numbers you’ll have a hard time getting more than 3 quotes an hour.
You’ll Get the Best Price
Since independent insurance agencies like Velox work with so many different insurance carriers, it’s easy to find a company that has the most competitive price for your situation. Whether you have a perfectly clean driving record or are high-risk, we’ll find an insurance carrier that wants to have clients like you and is priced accordingly.
You’ll Get the Best Insurance
Because an independent insurance agency has many different carriers to sell insurance through, they have first-hand experience working with many different insurance carriers and if an independent insurance agent has bad experiences with one carrier they’ll stop selling their insurance.
You’ll Get the Truth
Insurance agents who only sell for one insurance company are not in a position to give honest and forthright information to their clients. When a salesperson only has one option to sell you they’ll either be unconsciously biased toward their product or will consciously tell you things that are not true about the insurance company because they have no other options!
If an independent insurance agent makes a recommendation to you about which insurance company is best you can believe them. As an independent agency our loyalty is to customers, not insurance carriers.
If you’ve never worked with an independent insurance agency before don’t be surprised if you never go back. The time and money savings, policy options, and honest advice cannot be beat. See for yourself by giving us a call at 1-866-Go-Velox or click here to locate a trusted independent agency near you today.
For many self-employed people here in Georgia it’s not easy to determine whether personal or commercial auto insurance is needed. The decision is especially difficult when the vehicle is used for both personal and commercial use. Although every situation is different and we strongly recommend getting help from a licensed insurance agent, there are four questions you can ask that will help determine the right policy for your needs.
As the new year approaches, it is the perfect time to ensure you have the right amount of business insurance coverage.
As 2015 comes to an end, your to-do list may be filling up to get ready for the new year. While it can be easy to get caught up in all of the excitement of the new year, it is vital that you take the time to ensure your insurance policies are ready for 2016. Keep these new year business insurance review tips in mind to ensure you have the right amount of coverage.
- Cyber security should be one of your main priorities for the new year. Even though all businesses are at risk of a cyber attack, small businesses can be much more vulnerable since they don’t have the budget necessary to employ the right security tactics. Along with creating the right cyber security checklist, you should also find the right cyber liability insurance policy to protect your business and sensitive information.
- Find out if there are any discounts that you qualify for buy are not already taking advantage of. You may be able to save some money by bundling your coverage or pre-paying your premiums for policies that are tax-deductible.
- If you made any large purchases for your business this year, check your property insurance policy to ensure you have the right amount of coverage in case of damage or loss.
- Look over your employee health insurance plans and make sure you are providing the required amount of coverage for all of your employees under the Affordable Care Act.
- If you have any company cars or your employees use their personal vehicles for business purposes, check your commercial auto insurance policy to ensure that you have the right amount of protection.
Commercial Auto Insurance 101
Most businesses in the United States are considered small businesses. Running a successful small business can be difficult, and can be made even harder if you face an insurance claim. Knowing that your small business is protected with the right insurance policies can help to give you the peace of mind that you deserve as a small business owner.
One of the most overlooked insurance policies for small businesses is commercial auto insurance. Since you may not have a fleet of trucks to insure, you may assume that your existing auto insurance coverage is providing enough protection. However, personal auto insurance policies typically exclude any business use of your vehicle, which can lead to a denied claim. Having your auto insurance claim denied can lead to serious financial strain on your small business.
There are two main types of commercial auto insurance to consider when choosing a policy. If you have any vehicles that are mainly used for business purposes, you will need a standard commercial auto insurance policy, which will provide coverage for any damages caused to the vehicle during an accident, as well as third party injury claims. If your employees use their vehicles for any business purposes, you will need a non-owned car liability policy. Talking with your insurance agent will work to ensure that you find the right policies that will work best for your specific needs to ensure that you have the coverage that you and your employees deserve.
Contact the insurance professionals at Velox Insurance in Atlanta, Georgia for all of your commercial auto insurance needs. We will work closely with you to make sure that you have the right policies for your business, all at the right price to fit your budget.