There are times when the vehicles we drive are not for personal use but for the company they work for. If this is the case, it is important for the company to obtain a commercial vehicle insurance policy. This is not only important for safety reasons, but it is also required by the law. If a company does not have commercial vehicle insurance, the company could be a financial risk. If something were to happen, whether it be an accident or theft, and the company does not have the appropriate insurance coverage, they could possibly be financially liable for the costs of repair to their vehicle or the other party’s vehicle.
It is important to understand that even if your employees use company cars for both business and personal use, it would be good to look into purchasing a commercial vehicle policy for your business. At John E. Peakes Insurance Agency our agents will sit down with you and explain your business’s vehicle insurance options. You will be asked about how your employees use their vehicles, which employees drive company cars, and if some employees will be using their own cars for company work and travel.
We understand that insurance can get confusing and that is why our agents are here to help and explain everything to you. We want the insurance process to be easy while providing our customers with the best rate possible. Call us today to let us walk you through your insurance options!
