Commercial auto insurance is a vital aspect of risk management for small businesses that rely on vehicles for their operations. Whether it’s a delivery service, a construction company, or a transportation business, having the right insurance coverage is crucial to protect your assets, employees, and reputation. Allied Market Research says that this insurance policy offers tailored coverage for damages and losses associated with commercial vehicles and their owners or drivers. It provides coverage for accidents, collisions, natural disasters, fires, and other relevant situations, specifically for businesses-owned vehicles. The global market…
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GEICO announces cheaper commercial auto insurance rates for businesses in Texas
Business owners in Texas may now have a commercial auto insurance policy available to them at a lower rate, as GEICO announced that they have made this new coverage available in the state. According to the director of commercial lines at GEICO, Kushwant Singh, his company is happy to be able to provide this new coverage to Texas businesses. He added that his company is recognized for providing cheap auto insurance coverage, but that “more and more business owners in Texas are discovering how much they can save with us…
Read MoreGreat American Insurance Group introduces new program for monitoring driver habits
Great American Insurance Group has announced the release of a program designed for both non-profit and for-profit organizations, which allows them to monitor the job-related driving habits of their employees and volunteers and identify those that increase the risk of an accident. The SafetyFirst Systems and Specialty Human Services Division at Great American have been working together to create a program that provides these companies with credible, timely data about the drivers who are taking excessive risks or driving aggressively, and those who are distracted while they drive. It is…
Read MoreAs commercial insurance quote comparisons rise, so does the popularity of fleet coverage
The number of consumers seeking commercial insurance quotes in the European marketplace seems to be steadily increasing, and the fleet auto insurance sector is aimed toward a worth of over €18 billion in four years. Finaccord has released the results of its research which has indicated that fleet insurance is now one of the major sectors of the European insurance market, just like property insurance. Regardless of the narrow levels of growth between the years 2007 and 2011, the data produced by the research from Finaccord has indicated that there…
Read MoreIdentifying the insurance needs of a small business
One of the single most common problems with commercial insurance is, most small business owners understand that insurance is a necessity, but they struggle to understand what form of insurance is right for them. The need to make sure they have all of the coverage for their particular business, which can be very challenging, and no one wants to end up paying for more than they require. Often, it is advised that small business owners seek professional advice from trustworthy sources, such as an accountant, or an insurance broker or agent that specializes…
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