Commercial Auto Insurance Costs
Taking risks as a business owner can help you reach your goals. However, taking risks with your insurance will never lead to anything good. While investing in the right commercial insurance policies can seem pricey, it is vital to keep you and your employees protected. To help save money on your commercial auto costs, keep these tips in mind.
- Check driving records – before you allow an employee to be listed on your commercial auto insurance policy, check their driving records. Driving records can have a huge impact on your premiums, so make sure that only the employees with the best driving records are allowed to get behind the wheel of a company car.
- Always have continuous coverage – letting your insurance coverage lapse for any amount of time will mean much higher premiums when you invest in a new policy since most insurers will want to see proof of prior coverage when writing a policy.
- Ask about discounts – just like any other insurance policy that you have, there are many discounts that are available to help keep the cost of your commercial auto insurance low. Some of the most common discounts are when you pay in full, or bundling with your other commercial insurance policies.
- Remember your credit – insurance companies may look your credit history to help determine your premiums. The better your credit, the better your rates will be. Make sure to ask your agent if your credit history is considered for your premiums, and what is specifically looked at.
For all of your commercial insurance needs, contact the Insurance Agency of Deal Davis in Austin, Texas. We will work with you to ensure that you have the right amount of coverage, all at the right price to fit with your company budget.