We all know how important auto insurance is. Required by law and penalized by very high fees and a revoked license if not implemented, it is not something to avoid. If you are running a business that operates a number of vehicles, a standard commercial auto policy is not going to be sufficient.
If you own a limousine company, there is no reason why you should not be purchasing fleet insurance. The latter is specifically designed for companies that own and operate multiple vehicles, and for this reason, it offers a number of very important benefits to business owners.
The Benefits of Fleet Insurance:
Presents a Cost-effective Solution
Most limousine companies tend to have at least five vehicles in their fleet, but bear in mind this is an industry minimum. The majority of limo companies operate more than this. When it comes to buying auto insurance, the determining factor for most people is premium.
Orlando Transportation
With a fleet insurance policy, your total premium will be much less than if you were to insure each individual vehicle on its own. It is typical to expect about a 20% savings per month in this department. When you take into consideration the number of vehicles in your fleet, the amount of money you will be saving each year is likely to be very high.
Makes Insuring Your Vehicles Easy
If you don't have a fleet insurance policy, you have to deal with multiple insurance policies for all of the limos in your fleet. Keeping this information organized can be stressful enough, but when you factor in differing renewal dates and other vital insurance information, it can quickly become apparent that a single policy is very important. With a fleet insurance policy, you get one renewal for every vehicle you own. What could be simpler than that?
Orlando Transportation
Offers Additional Benefits
Aside from keeping your rates down and eliminating the hassle of dealing with individual policies, fleet insurance affords owners additional benefits that a standard policy does not. You will get protection from fire, theft and accidents for the fleet as a whole.
Orlando Transportation
For a limo company, these are potentially devastating risks. For this reason, it is important to not skimp on your policy limits. Many insurance companies also offer windscreen protection, roadside assistance, and vehicle recovery services. With the money you will be saving by switching to a fleet policy, you can ensure your investment will be adequately insured and protected.
Genuinely great blog keep it up. Party Bus, Limo service Los Angeles
ReplyDelete