Anyone in business is exposed to a host of risks that they have to deal with. Assets and properties can be stolen or damaged in the course of conducting business. The transport industry has its own challenges. Most of which stem from accidents involving the means of transportation. Apart from the accident risk, business owners with fleet vehicles can have a difficult time managing their vehicles. Fleet insurance offers a single cover that takes care of all vehicles. Read on to find out what it is all about and how useful the policy is for different kinds of businesses.
Why you need fleet insurance?
Taking care of all your vehicles separately can be a tough task for any business owner. It is so simple for one to overlook one or two vehicles, especially if the fleet has numerous vehicles. With a single policy, once you have updated it, all your vehicles are safe. They will not have to go through all the policies of their fleet. The single renewal date allows a business owner to enjoy peace of mind. They will not have to keep checking their calendar.
The fleet insurance policy reduces the effort that needs to be placed towards managing a fleet of vehicles. A lot of this energy can be directed towards stepping up the productivity of the company. The administration process is also simplified. The renewal of the contract is less complicated, and changes can always be made on the policy without much hassle. The fleet insurance has no grey areas and will help you enhance service delivery.
Any form of insurance ensures that you do not get into debt when misfortunes take place within the business. The fleet insurance is no exception. As a business owner, you can go about your business knowing full well that should things go south, you are adequately covered. You will not have to think about your savings when claims are raised against you, neither will you dig deep into your pocket for the same. Regardless of the coverage option that you choose, you can rest easy.Read More
Who Needs It?
Fleet Insurance Coverage Options
The coverage options include:
Auto Liability Insurance
This insurance option is reserved for anything that happens to third parties. When your truck causes an accident, the bodily injuries and damage to third parties are comprehensively covered.Motor Truck Cargo Insurance
The policy is designed to cover freight or commodity in your possession due to loss or damage due to fire, collision, or reefer-breakdown.Physical Damage Coverage
This policy is a basic requirement for every truck driver. As its names suggests, it covers any damage on your truck. The damage is not only limited to collisions. Vandalism and natural disasters may force you to repair your truck. With this policy, all the repair costs will be covered. Owner operators without the physical damage coverage are bound to experience great losses when unfortunate events occur.Non-Trucking Liability Insurance
The insurance policy is designed for situations when your truck has no cargo. It comes in handy especially when you are getting back to base after delivering a client’s load. The policy does not, however, cover damage caused when you use the truck for personal purposes.
Trailer Interchange
A Trailer Interchange agreement is a contract that arranges transfer from one truck to another in order to complete a shipment. Trailer Interchange provides physical damage insurance for trailers being pulled under a trailer interchange agreement. It protects trailer damage due to collision, fire, theft, explosion, and vandalism.
General Liability
Insurance
The policy goes beyond what happens as you handle your truck. It is designed to provide cover for unforeseen events in the office. Although it is not mandatory for you to go about your business, some contractors ask for it before engaging truck owners.Why choose BTP Insurance for your fleet insurance coverage?
With BTP insurance, business owners are guaranteed timely and precise services. Entrepreneurs do not have to worry about the different insurance policies as their agents will provide the best fleet insurance services to meet every need. They help you determine what will best serve your interests and make business less taxing. Apart from their obvious experience in the industry, BTP insurance has put together a highly knowledgeable team that will help you take your business to the next level. You will obviously need permits and other licenses as your business becomes bigger and better. You can count on the team to help you source for such necessities.
Anyone looking to achieve lasting success in the transport business should remain abreast with all new developments regarding rules and regulations. Nothing new happens without BTP insurance being fully aware of the same. They are up-to-date with every development, and let in clients on any adjustments that ought to be made. None of the clients who pay attention to what they have to say is at risk of flaunting any laws regarding fleet insurance. All policyholders are treated with the utmost respect and not just as a statistic. This attribute has made BTP insurance greatly popular among many business owners. Their services are customized to adequately serve the diverse needs of their clients. They show utmost commitment to the clients and work tirelessly to attend to all the needs.
Contact BTP Insurance for the best fleet insurance services. Having worked in the industry for years, we are privy to the local fleet insurance needs. As such, we are able to afford you tailored coverage solutions that meet your insurance needs. Get in touch with us for a free quote and schedule an appointment for your business to be assessed. Once you join the bandwagon, it is highly unlikely that you will look back.
