If you are a small business owner of a commercial vehicle, you may think that getting the right insurance is as straightforward as getting a “commercial auto insurance”. However, this is actually a broad classification that contains many different types of policies.
Although the results are not that simple, the good news is that you can always be sure to find a specific policy that matches you. ' Why? For example, you need to consider the different risks you face with different types of vehicles, as well as the different risks based on different industries and services being implemented.
Let's take a look at several different vehicles and industries starting with non-emergency medical transportation, as evidenced by this. These are specially equipped vehicles, usually vans, although in some cases small buses, help people who may be disabled and unable to ride a regular car.
Providing this service adds different risk factors, equipment already installed in these vehicles adds new risks, changes the value of the vehicle, and so on. Of course, the non-emergency medical transport service provides a different policy for the daily ride of two people in a wheelchair, rather than a construction worker with a van equipped with his industry tools.
Another interesting example is the emerging world company of food trucks. Food trucks are very different from other trucks and even other semi-related trucks such as ice cream trucks or refrigerated trucks.
With a food truck, you are actually preparing food for the vehicle. This means cooking equipment, heat and energy, open flames, knives and people cooking there. It sounds like a whole bunch of unique risks and specifications, and food truck insurance policies need to be covered, not vehicles like pickup trucks or 18-wheelers.
Of course, this is just some examples to clarify this. All special vehicles and different industries face their own risks and challenges. Therefore, general commercial vehicle or truck insurance is just a term, and the coverage you need will be adjusted according to your profession.
When you buy commercial car or truck insurance, don't try to act alone. Consult an experienced insurance agent who can help you find the right type of vehicle for you, your company, any type of vehicle you are operating and any type of “just right” policy you actually use.