Benefits Of Getting Your Company Car Insured

6/22/2020

Running a business is like running a family, you have to take care of all its members and make sure that no harm comes near them. What if as you run your business, one of your company cars got into an accident with your employees and goods inside of it? How will you handle it?

Commercial Auto Insurance is a liability and physical damage protection for your vehicles that you solely use for your business. Thinking it might be another unnecessary expense for the company? Here are some benefits of getting commercial auto insurance:

Lessens The Risks
Businesses in the transportation and food handling industry tend to employ people who spend most of their time on the road and in company cars rather than their own personal cars. Most of the damages done to your company car are not entirely the driver’s fault. Having commercial auto insurance will lessen the risk of entrepreneurs should any damage to the car will affect the business’ operation.

Protects Your Assets
You have to protect your assets. This includes your goods, your vehicle, and especially your people. Commercial Auto Insurance not just protects the car itself, it protects the goods and people inside the vehicle as well. Getting your company car insured will make sure that your assets did not go to waste due to an accident. As the head of your company, you have to make sure that once you let your assets out of your sight you are still taking care of it through commercial auto insurance.

It will also give your customers and investors confidence that you took that extra step to take care of your products. Your stakeholders will know that you mean business and you won’t take any chances.

Secures Your Finances
Starting and running your own business is not easy. You invested not just money but also your time, talent, and resources. What would happen to these if by the opening of your business you got into an accident? All your hard work will go down the drain. Getting commercial auto insurance secures your finances. Paying for it today at a low premium will secure yourself from the expenses that will result from an accident.

At CSIS Insurance Services, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 501-2747 or Click Here to request a free quote.

11 Comments

Jonathan Hansen link

2/5/2021 11:38:20 am

It's wonderful that you point out that commercial auto insurance can help protect the financial health of your business. I'm thinking about starting a business that will require the use of a car, so it sounds like I'll need to buy some commercial auto insurance. I'm going to search for a reputable business in my area that can help me get a commercial auto insurance policy.

Taylor Hicken link

7/1/2021 08:45:28 am

I appreciated it when you shared that it is important to acquire commercial auto insurance in order to protect your assets. In this way, you can ensure that your assets did not go to waste due to an accident. I would like to think if a company needs to ensure that its vehicles are well protected, it should consider getting commercial auto insurance from a reliable provider.

Adam Golightly link

8/11/2021 09:34:50 am

I can see how a business could really benefit from getting their cars insured, so that employees can use them safely, Getting the right kind of policy from a professional could allow them to be more effective with the right kind of policy. It was interesting to learn about how their finances can be more secure when they pay for a low premium, and prevent all of the hard work from going down the drain.

Chance Cook link

8/27/2021 05:19:44 am

I'd like to lessen the risk I have from driving every day. If I got into a wreck then I'd be financially ruined. So car insurance should help me out.

Braden Bills link

10/4/2021 07:44:29 am

My friend wants to open up a business, but he's not sure how to keep it financially stable. It makes sense that having the right insurance would help protect him from accidents! Being able to protect his business assets would definitely be beneficial for him.

Hailey Miller link

12/7/2021 06:13:00 pm

Thanks for pointing out that car insurance can help us secure ourselves from the expenses that will result from an accident. My husband and I are planning to buy our son a Toyota car in January so this is helpful. With this, we are hoping to find an insurance provider on Monday who can provide the best auto insurance coverage for him for our peace of mind.

Jeff Carbine link

1/7/2022 06:19:35 am

I never knew that commercial auto insurance is a liability and physical damage protection for your vehicles that you solely use for your business. I never thought that it would be like this, it is an intriguing article to read and I will also share this with my aunt. Thank you for the information about car insurance.

Kristofer Van Wagner link

1/24/2022 10:00:58 pm

I definitely agree that one of the perks of having our company cars insured is that it protects our asset. Assuming that I own a company and use my resources to allocate my Vice Presidents with company cars, I do believe it would be in our best interest to have them insured and protected in case of emergencies or accidents. I will definitely look at some potential options for me to consider before choosing the post suitable plan for my company.

Vivian Black link

3/4/2022 07:28:49 am

We have been wanting to get some extra insurance for our company car because we have heard a lot of stories about law suits that happen in ways we never would have even though of. Thank you for the information about how car insurance can also benefit the people inside the car as well as the goods that are being delivered. We are most at risk for the delivery of goods since they are mostly food. We will call for an insurance professional sometime within the next two weeks.

Eli Richardson link

4/19/2022 07:12:58 am

I'm glad you elaborated on auto insurance and why it's important to invest in a commercial policy. In a few months, my uncle will start a trucking business, and I'm not sure if he's got insurance yet. I believe my uncle definitely needs to get an insurance plan to protect himself from financial distress, so I'll suggest it when I see him. Thanks for the information on car insurance and how it helps during vehicular accidents.

Henry Killingsworth link

7/14/2022 11:25:43 am

It was interesting when you talked about how commercial auto insurance protects the people and goods inside of the vehicle. I would imagine that it would be a good idea for delivery companies to get commercial auto insurance because they employ a lot of young drivers. Younger drivers are more likely to get in accidents, so it would be important to have coverage for the people and items.