Small business owners sometimes rely only on personal car insurance and thought that the coverage is safe enough. When your business is growing it is also wise to secure your vehicles you use to transport your goods and employees. Business car insurance has lot of benefits compared to personal car insurance.
Rented cars are assured of coverage and you are confident that you are financially covered in any road accidents. If your car was rented for business purposes and was involved in an accident you will be provided assistance when you have business car insurance.
Private cars owned by your employees can be included in the insurance if it is used for business operations. Not only that you protect your business but your employees as well. This way you are also encouraging your employees and you show your concern to them.
Medical payments won’t post as a problem if you have business car insurance. Medical and hospital bills will be settled for both insured and uninsured drivers directly involved in the accident. In cases where fatalities occurred in the accident, medical payments will cover the expenses as well. Coverage is on your own injury, pedestrians, driver and passengers from the other car struck by your vehicle.
Under insured motorist is covered by your business car insurance. If by any chance an under insured motorist caused you an accident, you and your passengers will be covered by the policy in the insurance. Even when you caused the accident, you can defray the expenses incurred for the under secured motorist at a maximum amount that will be paid to the person.
Personal injury protection comes in several plans you can choose form to be added in your insurance. Full personal injury primary covers death benefits, funeral expenses and the continuation of your income after the accident. Personal injury protection doesn’t only cover you. An additional coverage like Guest Personal Injury Protection covers the passengers in your vehicle.
Additional coverage for you and your relatives living in your home that will pay medical expenses is first party benefits-medical. This will cover your rehabilitation, ambulance and nursing services including medical and surgical treatments needed after the vehicular accident. First party benefits-medical also covers your dental, psychological and optometric treatment.
You can determine what business car insurance package is right for you to secure you, your family, employees and your business. Knowing your coverage will help you cut cost when you’re in a car accident.