Commercial Auto Fleet Insurance: Should you be saving money?
If you run a business and are using a vehicle for commercial purposes, like making deliveries or picking up supplies, those vehicles should be rated by your insurance company for commercial use. But how can changing the rating drop your monthly insurance payments?
Commercial Auto Fleet Insurance Ratings
Canadian Insurance companies and brokers like Ten Star Financial Services offer discounts which you may be eligible for, if you have 5 or more commercial rated vehicles. It is very likely that your business already meets the quantity qualification, but are you vehicles known by your insurance company to be commercial? It is important for your vehicles to be rated correctly to ensure that there are no surprises should you have need to file a claim, but also so that you can take advantage of commercial auto fleet insurance and other available discounts.
Finding Commercial Auto Fleet Insurance
When discussing insurance options with your broker, prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate broker for your needs. It is very important that your insurer completely understands your operations so they can stand behind you at the time of a claim. Be sure to thoroughly review your operations with your broker when requesting a quote to insure you receive adequate coverage. Remember, insurance brokers are there to answer your questions. So be prepared to ask questions, and be prepared to receive answers.