Accidents can happen in seconds. One moment your driver takes a passenger to their destination, and then BOOM, an accident happens. Now you’re not only dealing with a damaged vehicle, you’re also dealing with potential injuries to the driver and/or passenger, as well as any legal and/or financial implications.
As a fleet owner, it is essential to have the correct insurance coverage to protect your business, vehicles, drivers, and passengers. Whether you operate a taxi, limousine, trucking, ambulance, livery, or non-emergency medical transportation business; having the right insurance coverage in place can be the difference between success or failure of your business in the event of a claim.
Why is Commercial Auto Insurance Important?
You are taking on a big responsibility when transporting passengers. Without the right insurance in place, you could be responsible for paying out of pocket for damages such as the following:
- Vehicle repairs after an accident
- Medical bills for drivers or passengers
- Legal cost
- Lost income when your vehicles cannot be used
Businesses that provide public transportation services to people (passengers) are responsible for the vehicle, the driver, and the passenger. Personal auto insurance is not the answer. Commercial auto insurance covers more than the vehicle(s), it covers the business, the driver(s), and passenger(s). It helps protect your company’s assets from claims and includes coverage designed to fit the unique needs of your business.
Who Needs Commercial Auto Insurance for Fleet Vehicles?
At Sovereign Transportation Insurance, we assist businesses that depend on their vehicles every day. If your vehicles are used in the for-hire transportation industry of any kind, commercial coverage is recommended.
How to Get Coverage for Your Fleet?
Whether you are just starting out with a single vehicle, or already managing a fleet of vehicles, Sovereign Transportation Insurance makes it easy to get the coverage you need to appropriately protect your business. Contact us today to speak with one of our knowledgeable agents about the commercial insurance program best suited for your company’s needs.