Owning a business is an amazing process that takes a lot of time and money. As your business grows you will begin to see a profit of which you can use to sustain your living conditions. But like everything else, there is a chance that a situation can come up that can destroy your business and disrupt your way of life. It is important for you to protect your commercial fleet with a good commercial auto insurance policy in Jefferson City, MO.
Important Points of Your Commercial Auto Insurance Policy
A good commercial auto insurance policy protects your fleet from all sorts of perils. It is essential that you understand how that policy works for you. Here are some things that you should know when developing your policy.
- The named insured on the policy will have the widest coverage options. The insurance company uses symbols to identify what kind of coverage your fleet will have. Your policy will spell out what kind of coverage you have.
- You can design your policy to cover employee drivers. They would be listed on the policy as permissive drivers. The employee would be covered from all liability issues and physical damage that would happen to the vehicle. But they have to be listed on the policy.
- You can also opt to have an employee’s own vehicle covered on the policy if they are required to use it for business. It is important to understand that only the employee is covered in the event of a claim.
There are a lot of small details that are involved in a commercial auto policy. If you are looking to cover your fleet with a commercial auto policy, then please call us at Luebbering Insurance Agency LLC today. We can answer all of your questions and get you the policy you need for your company.