Insurance Rates On Commercial Vehicles
Posted on 19. Jan, 2009 by admin in Vehicle Insurance
If you drive a company car, and wonder where the insurance bill is disappearing to each and every billing period, then I have the answer to your query. Simply put, commercial cars qualify for commercial insurance rates, and for this reason, it is the company who will receive the bill, on your behalf. Not only is this convenient, it also cuts the cost of you insurance expenses each year. By avoiding car insurance altogether, you have more money to do other things, or possibly even upgrade your other insurance policies.
So, what is different about commercial insurance, other than the person who receives the bill? Well, there are actually a few changes. Firstly, commercial insurance generally allows anyone to drive a particular vehicle. By that, I mean that anyone who gets behind the wheel of the company car is automatically covered by the same insurance policy. This is in stark contrast to publicly available personal insurance, where only the one or two drivers are covered per vehicle. Additionally, another difference is that excesses on claims will generally be lower with commercial insurance than they would be with personal insurance. Have a think about whether commercial insurance would be right for you, today.