In general, fleet insurance is available to companies that either lease or own two or more vehicles. The type of insurance coverage can depend on the type of industry in which the vehicles are being used. The area in which a fleet operates can also affect the type of coverage that is nec...
Insurance companies may provide different levels of coverage depending on whether the aircraft is being used for pleasure or for commercial purposes. An aviation business may need coverage if it provides flight training services. A financial company may purchase aircraft insurance for its fleet of corp...
Then, there’s insurance, which can be a huge task in and of itself, especially when insuring a larger fleet. It involves dealing with complex policies, assessing risk factors, and securing adequate coverage. Last but not least, companies must ensure compliance with various regulations and standa...
If you suffer a loss, commercial property insurance pays for the repair or replacement of your goods and property. This includes the structure where you conduct business, as well as furniture, computers, inventory and supplies. Commercial property insurance coverage is broad, so we’ll help you...
Commercial car insurance is designed for scenarios that are specific to a business and its needs. For example, you may need to have non-owned vehicle coverage as part of your policy if you have employees who drive company cars or trucks. If you'reself-employedand drive your vehicle exclusive...
GPS, or Global Positioning System, is a global navigation satellite system that provides location, velocity and time synchronization.
Is it worth having comprehensive insurance on an old car? A Concise Overview The most common type of auto insurance is minimum liability, which 48 states require Some states require drivers to carry personal injury protection or medical payments coverage Full coverage includes liability, collision...
Powertrain coverage typically lasts five years or 60,000 miles, whichever comes first. That number might differ slightly across automakers, so don’t expect Ford and Toyota to offer the same coverage. Heavy-duty pickup trucks, commercial vehicles, and government fleet cars often receive higher mil...
What is a BOP? BOP is an insurance plan that combines all the features of business property insurance and general liability insurance in one policy. Not only does it give you both types of coverage, but its premiums are typically lower than the sum of standard business property insurance and...
This type of insurance covers physical damage to the trailer while it is being hauled by a party other than the owner. The insurance coverage covers the trucker and damage to the truck caused by fire, theft, vandalism, or collision.