There Is no great mystery why you need auto insurance if you own your vehicle, whether a personal or company car. However, not many business owners give sufficient thought to hired non-owned auto insurance and what it can mean for their business. You may have an entire fleet of cars covered with a comprehensive insurance policy, send an employee out to bring back lunch in a hired car when there are no other available cars, only to find that an accident happens. This is also a concern if your employees travel for business frequently and need to rent cars.
Policies for hired non-owned auto insurance vary from those that cover cars your company owns. You may not be able to cover damage to the car itself, but you can be insured in case of bodily harm of an employee and damage to property or merchandise within the car. This can be particularly important if you use a hired car for deliveries of valuable items.
Speak to an insurance agent about hired non-owned auto insurance for your business. The kind of insurance you get depends on how many hired vehicle you use and their purpose. Even if hired cars are used only for business trips, don’t neglect this type of insurance coverage, because you can’t control what does not happen on the premises.
Staffing drivers can be a lucrative pursuit, but it is often attached to a number of less favorable liabilities. If your agency deals with hired non owned auto positions, you should consider securing coverage for the car and driver. A policy can protect against some of the most common and costliest incidents.
Get Coverage in Case of an Accident
You can be held liable for damages incurred from an accident involving your employee. Even if it is a hired non owned auto, if you employ the person involved in the crash, you may be held responsible. A staffing insurance policy can protect you from this by providing coverage for accidents. Rather than insuring just the employee, coverage extends to the vehicle and damage incurred.
Policies Can Be Obtained Individually
Separate policies means you can enjoy separate limits for each of your insureds. In this case, if you are contracting coverage for an agency employee who is driving, their limit is calculated and charged separately from others. In many cases, this can result in lower rates.
Improve Client Relations
Your clients rely on you, and if their position entails driving, they want to place full trust in you. Insuring your employees shows them that you are the safe and reliable choice.
In almost any enterprise that deals with a large scale transportation of goods, whether that means shipping products overseas, assembling various parts through global distributors, or both, business owners must contend with the fact that a certain percentage of their products will not arrive at their destination in the same condition that they were sent, or may even not arrive at all. While anything less than 100 percent transit success is a financial loss, a large scale loss of merchandise is a particularly dangerous possibility, one which could significantly alter your financial landscape. When you work with transit insurance programs, you can be assured that you will never face any financial repercussions for lost or damaged inventory.
When you are looking for the best transit insurance programs, search for a provider who offers a wide range of coverage. The best providers will cover damage and loss due to rough handling, theft, natural disasters, and transportation vehicle or vessel accidents, as well as incorrect and just plain non delivery. A wide range of coverage indicates that your insurance provider has your back in any transit related situation that will affect your bottom line.
A steady, dependable supply and distribution model is critical to the long term success of your business. As long as you do your part, a transit insurance program will ensure that your products or their financial equivalent makes it to their destination, every time.
All over the country people are looking to save a few extra dollars every month, and residents of Connecticut are no exception. You might be thinking about saving money on your auto insurance by shopping around. If you are comparing car insurance companies in CT, the following tips will help you.
Talk to Family and Friends
Many people have car insurance, so ask your friends and family how they feel about their policy. Have they been with the insurance company long? Are they satisfied with their rates? Are they satisfied with the customer service, especially if they have ever had to make a claim? Although this information isn’t available in an insurance quote, it can be very helpful in determining which insurance company will suit your needs best.
Look for Discounts
Many car insurance companies in CT offer discounts and good-driver rewards programs. Drivers of a certain age or people with consistently good driving records may be eligible for discounts. Be sure to ask about these potential savings while shopping.
When shopping car insurance companies in CT, remember to always get and compare at least three quotes. This way you will know exactly how much each kind of coverage may cost you. Consider working with an insurance agent who can help you compare insurance policies to find affordable rates.
Once you have CT car insurance, it may be tempting to just forget about it. However, many experts suggest you review your policy regularly to ensure it still fits your needs. Even if it seems nothing in your life has changed, it may still be beneficial to review your policy.
You May Want More Coverage
Most states have a minimum amount of auto insurance required. When you bought your policy, you may have just bought the lowest amount possible. As you get older and become more financially stable, you may want to add more.
You Can Get an Overview of the Claims Process
It’s important to understand what you would have to do in the face of an accident. As you review your CT car insurance, you can also review what sort of paperwork you might have to fill out or who you should call.
Your Current Provider May no Longer Best Suit Your Needs
As you review your insurance, you may find out you qualify for a discount from other carriers, but not yours. You may learn about coverages and amenities provides by another company. It’s important to review your car insurance, so you can make sure it is still the best for you.
Work With an Agent
When you’re ready to review your CT car insurance, work with an agent. He or she will be able to go over policy details and help you make necessary changes.
You probably spent quite a bit of money to obtain your collector cars. It only makes sense to ensure they remain protected by acquiring classic collectors insurance for your vintage vehicles. Every policy is different, and certain items will need to be considered in order to determine what you need to pay.
What Constitutes “Classic”
Everyone has their own definition of what is considered a classic vehicle. Some agencies may only consider vehicles that are at least 25 years old to be classic while others only require a vehicle to be 10 years old. Of course, the make and model of the vehicle also needs to be considered.
Is your vintage car exactly the way it is when it rolled off the lot or have certain modifications been made? This may affect the kind of coverage you are able to get. When you speak with an agent, you will need to bring to light what alterations have been made, if any.
Where It Is Kept
This may seem minor, but whether you have a garage can play a big role in the amount of coverage you receive. Many insurance companies want to know where this vehicle will be kept most of the time.
Bring as much information as you can to your consultation so that an agent will be able to help you get the best classic collectors insurance for your needs. Afterward, you can drive around with peace of mind.
When shopping for the cheapest car insurance in CT, you want to be able to find the least expensive policy that offers you the greatest benefit. It can often be difficult to find this dream policy, however, unless you know what specific things to look for. Here are some of the most common discounts that you should ask prospective insurance agents about when shopping for a new policy.
If you do not drive all that much, usually under 12,000 miles a year, you may be eligible for a discount. Thirteen percent of insurance companies report that they do offer this discount.
Car Usage Discount
Does it surprise you to know that the way that you use your car may qualify you for a discount? If you use your car primarily for business, you might be able to save up to 10% on your auto insurance.
One of the least known discount options is known as advanced renewal. If you renew your policy 7 to 10 days in advance of the renewal period, you may be able to save yourself about 8% on your car insurance.
When you are shopping for the cheapest car insurance in CT, remember that the agent you are speaking with may not automatically volunteer information about all the discounts available to you. Make sure you ask about it before selecting a policy.
Although you might think that what you don’t know can’t hurt you, this isn’t true when it comes to car insurance. Finding just the right auto insurance for you and your family’s vehicles begins with being well educated about the details and specifics of your policy and how your car insurance can help guard you against potential financial loss.
Auto Insurance Isn’t One Size Fits All
Though acquiring a good policy from car insurance companies in CT can be as simple as the click of a button, it takes a perceptive individual to realize that the policy for them might not be what’s best for the next person. Use the expertise of a trusted insurance agent to discover how you can tweak and tailor the liability limits, coverage types, and deductibles on your plan.
Choose Wisely to Get the Right Coverage for You
Taking out an insurance policy is an important investment in your future. By spending the time it takes and making an effort to truly educate yourself and discuss your options with your agent, you will be rewarded. Go into the insurance policy buying endeavor as an informed, prepared consumer who knows what they want and how much they want to pay for it. Choosing wisely from the car insurance companies in CT can ensure the best coverage for your situation at a reasonable price.
If you are the owner of a classic car, then you have probably grown quite attached to the vehicle since you acquired it. The last thing you want is for something bad to happen to it. If and when something does happen, however, it is of enormous help to have antique classic car insurance to get the car back to where you want it to be. Insurance companies often have a variety of plans, which means you need to well-informed in order to make the best investment.
Assessing the Car’s Usage
As a vintage and exotic car collector, you probably use each of your cars in different ways. You might use one to drive back and forth from work every day. You might choose to keep one in your garage as a kind of ongoing project or conversation piece. Many owners are also part of the large community of car show participants, in which case it driven as little as possible. Whatever your situation, be sure to inform the insurance company, as it informs which policy is best.
Keep the Years Ahead in Mind
No matter how many precautions you take, there will inevitably be unforeseen problems with your car. When that happens, having antique classic car insurance is the best defense.
It might surprise you to know that car insurance has been around for about as long as vehicles have. Here are some interesting facts about the history of car insurance in CT. and around the country.
Insurance in the Early Days
He discovered electricity, invented the bifocals, and was one of the founding fathers of the United States. But did you know that Benjamin Franklin also formed and organized the first insurance company? It wasn’t an auto insurance company but some experts suggest that the inception of the idea of flood insurance and fire insurance inspired the idea of auto insurance later on.
Where It Started
Although Detroit, Michigan is commonly referred to as the Motor City, a large part of the motor development in its early years was taking place in Ohio. The first person to ever hold an insurance policy on a vehicle is Gilbert Loomis.
What It Covered
The policy that Gilbert Loomis purchased was bought in 1897. This policy was simple in that it protected Loomis from liability in case the vehicle he was driving damaged property or injured or killed someone. The basic concept has stayed the same–protecting motorists from liability–although there are significantly more coverage options now than there likely were then.
Auto insurance has been protecting motorists since some of the very first vehicles were being manufactured and continues to protect drivers now as well.