Insurance Services of Washington Blog
Every business that uses vehicles is required to buy commercial auto insurance. However, some business owners think that this type of business insurance will only hurt their budget. They look at it as just another expenses that will keep them from growing their business.
On the other hand, what they do not realize is that once their company vehicle gets into an accident, their business would be facing a bigger financial problem.
Below are the four smart ways to save on commercial auto insurance:
Get the Best and Experienced Drivers
Hiring the best drivers will lessen the chance of your vehicle getting into an accident. Conduct a background check and know their driving history before letting them behind the wheel. Professional drivers know at least basic engine troubleshooting and know how to take good care of vehicles, cutting a chunk from your maintenance expenses.
Take Care of the Minor Repairs
Keeping your claims from low to zero in a year will affect how much an insurance company will charge you. The claim you file, the less the insurance company will spend money, and they like it. Also, insurance companies may decide to drop your coverage if you file too many claims.
Small dents, cracked windshield, and minor engine troubles are easy to fix. You may want to take care of these things, so your claims won’t file up. Too, insurance companies would love it if you are claim-free for a while; it would increase the chance of getting a discount.
Bundle it with Other Business Insurance
Your business needs more than just commercial auto insurance. Bundling this type of business insurance to others such as commercial property insurance, workers compensation, etc.will help you get good discounts from your insurance company.
Check Different Insurance Companies’ Rates
Different insurance companies may use the same factors. However, their insurance rates vary as they calculate differently. Try comparing rates from three to four different companies to make sure that you are going to get the best auto insurance premium.
Accidents usually strike without warning. Being careful is not enough to keep you away from this unfortunate incident. While commercial auto insurance cannot save the vehicle physically, it would protect your business from spending tons of money, and you from stress.
At Insurance Services of Washington Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (425) 868-1123. Get your free quote today by CLICKING HERE.