For Independent Contractor Commercial Auto Insurance

But, just like any other company, they must have the proper business insurance. Other key features may include underinsured and uninsured driver coverage and medical costs. A key step for independent contractors is to customize their insurance to meet their individual needs.

Contractors also need to consider what they take with them. Anyone operating a vehicle as a part of their business needs to add commercial auto insurance. Commercial auto insurance may not be expensive. Work closely with your auto insurance agent to get the right pricing structure in place.

Simply put, we pledge that we will always keep your best interests in mind by always treating you the way we would want to be treated if we were in your shoes. The commercial auto policy will accommodate all of your vehicles. Even the best-kept vehicles can break down, have a flat tire, or run out of gas from time to time. Typically, your personal auto insurance company will not allow you to have your commercial vehicles on your personal policy. Most states require minimum limits to legally operate a vehicle.

Contractors Insurance | Duration 6 Minutes 2 Seconds

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Collision coverage covers most of the repair cost if you are at fault in an accident. Inland marine insurance is a special type of insurance policy that protects property while it is in transit. You may not be able to prevent many of these events, but you can protect yourself from them. From dump trucks to tractor trailers, we have the experience you’re looking for. In our previous post, we discussed some of the major risk factors that construction business owners face. You likely have a crew of contractors who you utilize for your construction business. Commercial auto insurance can be purchased by your contractors to protect their commute and passengers while on the job. In addition, professional liability insurance should be carried. Often referred to as professional indemnity insurance, and sometimes as independent contractor liability insurance, this policy protects against possible claims from clients, such as a costly mistake that the contractor may be liable for. A personal auto policy, in some instances, will provide enough coverage for some businesses—but rarely (if ever) in the case of landscape contractors. However, commercial rates have come down quite a bit in the last few years because insurers have been posting higher underwriting profits, interest on their short-term investments has been going up and actual claim costs are down.

To offer customers outstanding customer service, knowledge, and options for their insurance needs. We understand the specific needs of contractors. That’s because many agents are technically self-employed contractors who use their personal vehicle for work. What isn’t tricky to understand is the large risk that business driving imposes on small-business owners. Knowing what do to do at this point could be the difference in paying 20%-150% more for your coverage.

Skipping this coverage can cost a business big time. Even if you and your employees are safe drivers, you’re sharing the road with everyone else. Say you’re driving to meet a client in your company car when you rear-end a fancy sports car. For example, let’s say a major storm hits your town. Our focus is vehicles – light and medium weight – with local and intermediate travel range. Our professional and responsive staff help guide agents and policyholders through the claims process. Many business owners use their personal vehicles for their business operations, and contractors are no different.

If you need painting contractor general liability insurance, auto insurance for painters, painters insurance for tools, or workers compensation insurance for painters in most instances we can help you find the coverage you need the same day.

As an independent insurance agency we represent a number of insurance carriers who offer insurance for painting contractors. We can help you find the coverage you need no matter if you are just starting out, or you are a well-established contracting firm in need of risk management services. Claims not covered by insurance would need to be paid for out of pocket by the business owner.

Commercial auto insurance for company vehicles is an important aspect of any business insurance program. Almost all personal auto policies exclude coverage for any commercial or business use of a vehicle. Many business owners need specific commercial auto policies with higher limits than personal auto policies will allow. Commercial auto policies provide businesses with more features and options for auto insurance. An auto policy is likely to have multiple symbols and coverages listed unless symbol 1 is used. Hired and non-owned auto coverage is used when a business is sued after an auto accident. Hired and non-owned auto can be added to most general liability insurance policies. In general, if your business owns or leases one or more vehicles, you need a commercial auto insurance policy.

Contractors and construction professional rely on their autos to get the job done. Contractors who use their personal vehicles for work may assume their personal auto policies will cover any accidents, damage, or injuries on the road. We can help you select the perfect amount of coverage for your hard-working vehicles at rates you and your business can afford. Commercial auto insurance covers injuries that you or your employees may cause to other people and their property while driving. A contractor’s truck is usually filled with expensive tools and equipment — leaving you with the risk of damage or theft as it’s driven to job sites and parked for the day. Your agent can also explain options when indemnity agreements require something called primary and non-contributory coverage. Construction and contracting professionals know all too well the risks of their industry.

Building your construction & contracting business took a lot of hard work, dedication, and time. A single auto accident can mean expensive property damage, mounting medical expenses, and costly legal fees — and your company could be held responsible for these costs. For example, say one of your employees uses their own vehicle to conduct business, and they have an auto accident while carrying out their work. We are ready to discuss your appliance business and help. As an independent contractor, if you do work for a client, then you are responsible for your vehicle and anything that you do with your vehicle; your client is not.

If you are working for a company that requires you to drive one of their vehicles, they cannot require you to pay for insurance for that vehicle. Commercial auto insurance isn’t just for industrial vehicles like semis or dump trucks. Selecting commercial vehicle insurance coverage that meets your specific needs is vital to protecting your business and income. From dump trucks to tractor trailers, we have the experience you’re looking for. But, did you know that you also need a separate commercial auto insurance policy? The biggest reason to buy a separate auto policy for your contracting company? You might not feel responsible for something this uncontrollable. Say all your workers drive their own personal vehicles and you don’t have your own fleet.

Many commercial insurers offer non-owned automobile coverage. A commercial auto insurance includes comprehensive, collision damage and liability coverage for the ones who drive the vehicles. Quickly & easily complete a free insurance quote. Whether your business owns one or many vehicles, or you as an individual use your vehicle for business, commercial auto/truck insurance is required. Whether you are an individual contractor with no employees, or the owner of a larger corporate contracting business, you must have a general liability policy.

Contractors We Have Insurance For You | Duration 44 Seconds

Read our complete guide to find out everything you need to know about commercial auto insurance for your contracting business. Commercial auto insurance provides coverage for vehicles owned, leased, or rented by your contractor business.

Commercial auto insurance has both liability and property components. Your business needs commercial auto insurance if it owns or leases vehicles titled in the name of the business. Commercial auto insurance provides coverage for both liability and property. The liability component of commercial auto insurance consists of bodily injury liability and property damage liability. Personal auto insurance usually doesn’t cover work trucks. Like most contractors your truck probably takes a beating.

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