Finding Auto Insurance for Your Business

Author: Melissa Juarez
by Melissa Juarez
Posted: Jan 28, 2016

Finding car insurance coverage is easy. Searching online for auto insurance Salt Lake City will lead you to a vast array of options. If you are purchasing car insurance for your business you will need to do your homework. It is important to understand the difference between a commercial auto insurance policy and a personal auto insurance policy. Find out more about purchasing auto insurance for your business.

Insurance Policies for Business Owners

Many business owners carry a variety of insurance policies for their business. They are often involved in purchasing health insurance policies for employees. Short term disability policies and life insurance policies are also popular offerings with companies today. These types of policies are designed to protect your employees and their families. Offering a wide range of benefits including insurance can help you to attract talented workers. By providing insurance to your employees you will increase retention and lower turnover rates. Reducing employee turnover can save business owners money that would be spent on frequently replacing workers. The cost to replace an employee is estimated to be up to five times their salary.

Protection for Your Business

Other policies that are specifically designed to protect your business can include personal liability policies, property insurance and commercial auto insurance. Personal liability policies are important for businesses and practitioners in certain types of industries. Coverages can include general liability for if you are responsible for bodily injury, personal injury or property damage. They can also cover replacement costs for personal property. Some personal liability coverage may also include certain workers’ compensation coverages. While personal liability policies can cover a wide array of activities, they do not typically include auto coverage.

Do You Need It?

It is important to start by determining whether or not your company requires commercial auto insurance. Many business owners only find out about a gap in their coverage once they are involved in an accident. It is important to protect yourself by ensuring that you are fully covered. Once you have made the determination that you need it, you will want to find search for commercial car insurance Salt Lake City.

Commercial Auto Insurance

Commercial auto coverage differs greatly from personal auto coverage. Personal coverages are not written in the same way and may exclude important factors. Your personal policy might not cover certain vehicle types or usages that are required for your business. Commercial policies also have certain limits and exclusions. Moreover, eligibility requirements may apply for businesses seeking a commercial policy. It is important to speak with a knowledgeable agent that is certified to sell auto insurance for businesses.

Important Coverage

Commercial auto insurance coverage does offer many of the same protections as a personal policy. These include comprehensive, collision, liability and medical coverage. They also offer uninsured motorist coverage. Policies can be tailored to suit the specific needs of your business, whether large or small. It is important to ensure that your business is fully protected. Contact an insurance agent to find out if commercial auto insurance is right for your business.

ASA Insurance provides excellent coverage for car and home insurance in the Salt Lake City area with the lowest rates to the English and Spanish communities. Affordable rates and superior service for all home, auto and business/commercial insurance needs.

About the Author

Asa Insurance provides excellent coverage for auto insurance in the Salt Lake City area with the lowest rates to the English and Spanish communities. Affordable rates and superior service for all home, auto and business/commercial insurance needs.

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Author: Melissa Juarez

Melissa Juarez

Flag of Canada

Member since: Jul 07, 2014
Total live articles: 32

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