3D Gaming Background
During your time in business, you will be happy to see your company grow. You now have a fleet of commercial vehicles and drivers under your arm. You have so much to be proud of and so much more to worry about.
Consider the fact that about 87% (or 9 out of 10) of businesses acknowledge that a significant insurance claim has the potential to take them out of business. However, an estimated 62% of companies either have bad insurance or do not have enough insurance. This information is a good reason to take a good look at your commercial flat insurance.
What is Commercial Flat Insurance?
Commercial flat insurance is the cover you have for the vehicles you need to run your business. Generally, a fleet consists of at least two vehicles. However, some insurance companies will consider ten or more vehicles to be eligible for a discounted rate for flat insurance.
Many people think that the navy has delivery vehicles or large vessels that travel from shore to shore. However, a fleet can be a combination of different types of vehicles. If a car is essential to your business, it can be part of your fleet. This includes but is not limited to,
- Cars
- Venus
- Truck
- Forklift
- Trailers
Who needs commercial flat insurance?
It is in your best interest to keep your business insurance and personal insurance separate as a business owner. This means you don't have to worry about gaps in your coverage.
*For example*
You own a flower shop and deliver flowers with your personal car. If you have an accident while using your car to deliver flowers, you have a chance to have your claim rejected because the car is insured in your name and not in the name of your company.
If you own and operate a fleet of vehicles, you need to register your company as the owner and insure the merchant fleet. Doing so will prevent unwanted news that your claim has been denied because your personal vehicle was being used for work.
What can commercial flat insurance cover?
Your commercial flat insurance policy can cover a variety of situations. In addition to road accidents, your policy may cover
- Company cars used by employees for entertainment, as long as your company is listed as the owner of the car.
- Long distance freight trucks
- Food trucks at festivals
- Vehicles are designed for off-road use, provided they are owned by the company.
- Parts of your fleet are damaged while not in use due to an accident at the place where you are storing them.
- Vehicles involved in warehouse accidents
- Accidents where you or your driver are at fault.
3D Gaming Background : Download
France is a director of Grace Insurance, the company he founded in 2015 in Perth. With a long background in South Africa, he has developed a highly successful career across a range of insurance specialties, including life insurance, general, broking and business development management.
He prides himself on the client's relationship, treats them as friends and helps them to further strengthen the relationship and creates suitable insurance options, educating the clients in the process. How to best protect their business. With his blogging, he covers a range of insurance topics, from small business to legal, construction and public liability. Sharing your knowledge with people who need grace insurance skills..
