As a real estate or financial brokerage firm, your company might use a vehicle for many of the day-to-day tasks you complete. You may have several employees. As a result, you may need to invest in several vehicles. How can you do that? image of cars lined up on a lot

Having proper commercial auto insurance is important. It helps minimize costs when an accident or incident occurs. Still, there are other steps you can take to keep your vehicles safe.

Insure Them Properly

The first step is always to have the right amount and type of commercial auto insurance in place. In most cases, this means having a high level of liability coverage. It also means having commercial auto insurance at a replacement level. If you drive clients around, you may have a high valued vehicle. This makes it very important to have a policy capable of replacing this vehicle for you.

If your vehicle has high-end features, upgrade your coverage to match this. Does your vehicle travel just short distances? If so, you may not need as much coverage. Even so, this is an important business investment. Be sure you have ample financial protection in place.

Add Security to Them

In many cases, businesses need to further enhance the amount of and type of safety features on their vehicles. For example, it is important to have a security system. Most companies will also benefit from the addition of a GPS unit. These help minimize risk. If someone steals the vehicle, these units can help find it. Smart features on the vehicle like this add significant protection to the car.

It is also important to store them properly. Keep them in a garage when possible. You may also want to ensure there is adequate light and security in this area. From here, it is also important to educate your drivers. Talk to them about how they use the vehicles. Be sure they use them for only business needs. And, they should keep them protected.

You may have a fleet of vehicles. If so, be sure you have ample commercial auto insurance for them. Take them in for routine maintenance. Maintain a log of this. Work with your business insurance agent at 708.423.2350. Be sure they know the security steps you are taking. They should also know the overall value of the car, how you use it, and what features are on it. This helps contribute to your safety.

Also Read: Does Commercial Auto Insurance Cover Driver Medical Expenses?

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013

View Mobile Version
 facebook Social Icon Social Icon Social Icon Social Icon
© Copyright. All rights reserved | Powered by Insurance Website Builder