Do You Need Commercial Insurance For Your Vehicle?

When it comes to insuring vehicles, individuals usually purchase personal auto insurance, while businesses buy commercial insurance policies. But whether or not you should have commercial auto insurance varies greatly depending on how you use your vehicle. Individuals who engage in certain business-like activities with their car should definitely contact their insurance company to check to see if they need to purchase additional insurance. Additionally, any small business owners who have employees drive vehicles as a part of the job need to look into commercial auto insurance as well.

What Do You Use Your Personal Vehicle For?

Any personal vehicle that is used sometimes for business purposes probably needs commercial vehicle insurance. While it is true that some personal auto insurance policies may cover damage that occurs during business to an extent, you need to check with your insurance provider. Make sure you are dealing with a well-qualified independent insurance agent who understands your needs and has experience in dealing with both commercial auto and personal auto insurance issues. If you are unsure whether or not your policy covers your automobile, your best option is to utilize the wealth of knowledge that your agent holds. Bring your policy to your agent and ask them to review the your policy and coverage with you. Don’t leave your coverage to chance.

If you use your car or truck for any sort of business activity, you should consider purchasing commercial insurance for the vehicle. Do you deliver pizzas or other food with your personal car? What about delivering newspapers? Are you an event photographer that uses your own car to carry equipment? Any catering company, door-to-door consulting service, day care van service, real estate agent, or landscaping and garden service should definitely look into commercial auto insurance policies.

Businesses Need Commercial Insurance

Any vehicle that your business owns, leases, or rents, needs to be covered under commercial vehicle insurance. It’s required in most states to cover any financial responsibility if you or an employee is at fault in an accident. Basically, if you or your employees drive company vehicles or personal vehicles to conduct business, you also will most certainly need commercial vehicle insurance. A benefit of commercial auto policies is that they allow you to list anyone that you employ as a driver, an option you don’t always have with a personal auto policy. This way, any listed employee who needs to drive your vehicle can, without getting into issues that may come up should that person get into an accident.

Truckers in particular need to look into commercial truck insurance. Because trucks are much bigger vehicles and require special training to drive, truckers are held more liable for damages. They need to make sure they’re covered under a commercial policy.

Consider Commercial Auto Insurance

Commercial auto insurance is also needed if you need more liability coverage than a personal insurance policy provides. In general, you’ll need commercial auto insurance if the vehicle is owned by a corporate partnership, used to haul tools or equipment weighing more than 500 pounds, used to make deliveries, or is heavy enough to need state or federal filings. If this applies to your business, or if you use your personal car for any sort of business activity, look into commercial insurance today to protect yourself and your wallet.

Commercial Insurance Quotes

If you operate or are responsible for any type of business entity or commercial enterprise, in order to obtain the right insurance for the company you will need to find and compare suitable commercial insurance quotes. A quote is an offer of certain defined insurance covers in a policy for a monetary price.

Quotations can be obtained from numerous sources including locally from specialist high street insurance brokers, over the phone from insurance companies or brokers, or from the many online companies and comparison sites offering all types of insurance cover.

A commercial insurance quote forms a legal offer and is the basis of the contract of insurance between the proposer and the underwriting company. The information you provide on the quotation form is used to calculate both the premium quoted and the levels of cover offered on a policy. The quote data a company provides will be used to complete the policy documents. It is therefore very important that when applying for commercial insurance quotes that the information you supply about your business activities is correct and truthful.

Most companies offering quotes will agree to honour the price offered for a period of thirty days or one month following its issue. When obtaining a quote, regardless of the source, ensure that you retain the reference number which will enable you to either take up the or recall and revise the offer at a later time. Prices offered can fluctuate and a premium offered one week may not be available the next.

Quotes and premiums can be obtained for all business types and all business and commercial risks for both business liability and property insurance, either separately or combined in what is known as a package.

Commercial property insurance will typically provide cover for buildings and contents of business premises of varying types and sizes. For example a shopkeeper would be interested in covering his glass shop front and shop stock whilst a small draughtsman business would require a price for covering the business office equipment. For this reason quotes for a business are often given by insurance companies for packaged policies that are property specific, such as shop insurance quotes or office insurance quotes.

When looking for cover search for companies that offer quotes for your particular type of building. Let property buildings only insurance quotes are available for landlords who just want to cover the buildings, fixtures and fittings. Equally commercial property tenants and lease-holders can obtain quotes that only cover the contents, stock or liabilities.

Liability quotes can be obtained with either combined property insurance packages or as a standalone quotation for individual business liabilities. The most popular liability products quoted for are public liability insurance, employers liability insurance, product liability insurance and professional indemnity insurance.

Commercial liability quotes are widely available online for most trades and professions. Packages often offer all risks cover and if you are looking online most systems allow you to pick and choose various liability coverage options

When comparing quotes online you will not have the assistance of a broker to advise you. It is vital therefore to ensure that you check that the levels of indemnity and covers offered are sufficient for your business, because levels of commercial insurance cover quoted for, can vary as often as the price.

Marketing Insurance and Financial Products on the Internet

Earning an income in insurance or finance takes consistent effort and a desire to succeed. Our world is saturated with various commission generating opportunities, and it can be difficult to wade through all of the available programs. Many of these programs simply do not work or they are heavily dependent on recruiting others to “join”. It is very important that insurance professionals generate cash flow, in a way that is comfortable, credible and cost-effective. Earning the maximum amount of money in the least amount of time is a fundamental principle. Finding a system that is not overly complicated, also makes success much more likely. For these reasons, technology is a way to elevate your insurance practice and further your career.

Because Insurance Marketing revolves around selling intangible products, there is no inventory to maintain and it is usually free to partner with reputable companies. Most carriers provide all the necessary marketing materials for local presentations, which helps save time. Having a small advertising budget to start pay-per-click advertising campaigns for your practice helps, but it is possible to spend nothing but time with respect to building your website.

Every situation is different, so it is advisable to gain access to numerous product offerings. Underwriting is based on age, tobacco, height, weight, health conditions, lifestyle and sometimes the amount of coverage can limit your offerings as well. Having the right product for each situation can increase your ability to satisfy your clients needs, without sending them to the competition.

Most carriers pay out generous commissions and allow applications to be taken electronically, so these solutions are cost-effective to implement. This makes it possible for effective marketers to earn a substantial income on each conversion. Plenty of companies have simplified issue products; which makes it possible to submit applications and receive commissions the same week.

Marketing the product is relatively easy and insurance leads make it simple to gain qualified prospects immediately, so it is possible to start making money right away. Insurance professionals should generate targeted traffic within local markets and drive them to their personal website. It also helps to utilize article marketing, blogging and word of mouth to get the message out about your business.

These are very effective ways to make good money from home or elevate your practice with very little risk. The business tasks are not hard to grasp, and many professionals start bringing in new revenue right away. Partnering with a brokerage that provides “A” rated carriers, technology and systems will empower you to generate a consistent income on the Internet.

George Williams is the President of Novus Insurance Solutions and Principal at DirectLifeBroker.com. Novus and DLB have incorporated cutting-edge technology with one of the best consumer support staffs in the industry, to assure a simple and safe process for purchasing life insurance. We have a full range of life insurance products for you, your family, clients, employees or members. With access to over 65 companies, we have a fit for nearly any circumstance.

Novus and its member partners provide custom designed life insurance websites, to insurance professionals, banks, credit unions, associations and unions. These websites increase revenue from new or existing clients or members and provide options not offered by all traditional carriers.