الثلاثاء، 3 سبتمبر 2013

What Is Business Vehicle Insurance?

مرسلة بواسطة Unknown في 2:17 ص
By Justin McKenzie


If your job requires you to drive a vehicle on behalf of the company you work for, you'll have to take out a business vehicle insurance policy rather than just a standard policy that covers personal, social and commuting use.

You could spend weeks searching for the right auto insurance quote for your insurance needs, or, you could follow these tips from us on the easiest and quickest way to find value for money car insurance quotes. The internet has become a powerful tool for just about anything. It can be utilized for online browsing, shopping, sharing information, commenting and social media. The internet is also a useful way to search for, and find, the best auto insurance quote for your requirements at the click of a button.

Many auto insurance companies actively promote using their online services for finding and purchasing your insurance policy. They even give discounts to online customers.

Don't be tempted, however, to skip paying these premiums by purchasing a domestic-only insurance policy, as your insurer is unlikely to pay out if you claim for an accident that you sustained while performing your work duties.

If you're comfortable using the internet, it is the smoothest and simplest process in the world. Remember though, you will have to send them your identification and proof of license to fully validate the policy.

This is the most basic form of auto insurance policy offered by many car insurers. It means that if you are involved in an accident and it is proven to be your fault (liability) then your insurance provider will pay out a sum of money to the other person involved in the accident (third party) to cover bodily harm or property damage. The amount of cover and what will be paid out is agreed during the initial quote. Make sure you check what is included in third party cover and whether it is realistic enough for your needs.

It may be hard to gauge, but ask your employer for an estimate so you can get the right level of coverage. Your insurer will also need to know if you're going to be transporting goods or other people in your work vehicle.

You might miss out on some additional levels of cover if you're not sure about insurance terms or jargon.

Comparison Websites

Commercial or business vehicle insurance policies will cover you for the same kind of incidents as other insurance policies like collisions, non-collision damage, bodily injury and property damage to name but a few. Here are some of the types of business auto insurance coverage:

The comparison site will then list the quotes in order of affordability for you to make an informed decision. They even supply links to the insurance company's website so you can easily complete the quote and purchase the policy.

- Under-insured /Uninsured Motorist Coverage

- 'Commercial travelling' policies will cover people who drive as a permanent part of their job and who drive very frequently.

Insurance Brokers

An insurance broker is a third party who is trained in all the legalities of insurance and whose aim is to try and get you the best deal possible on your car insurance. They often have contacts and networks of insurance affiliates they operate with and are very knowledgeable on all types of coverage and insurance policies that are available.

Due to higher premiums, auto insurance companies love dealing with business customers, so get on the phone and do some serious haggling to make sure you're getting the most affordable deal you can.

This information is designed to give you suggestions on how to obtain the best auto insurance quote, in the easiest and quickest way possible.




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