If you are searching for the right Cinco Ranch TX Commercial Auto Insurance policy, contact Texas Insurance Agency today! Our team of independent insurance agents is here to help you find the right policy for your personal or commercial needs. Furthermore, we only work with the best of the best in the insurance industry.
Texas Insurance Agency has been helping Houstonians find the right commercial auto policy for over two decades. In that time, our agency has proven its commitment to the well-being of our clients. Moreover, we continue to strive for excellence in areas like customer service and insurance practices.
Finding the right Cinco Ranch TX Commercial Auto Insurance policy can be tricky. However, hiring the right agent to assist you makes all the difference.
Their expertise can guide you to the right policy. Auto insurance is a crucial part of any insurance plan for your business. Protect your business with commercial auto insurance!
Things to Know About Cinco Ranch TX Commercial Auto Insurance:
Customize Your Coverage
If you own and operate a business with one or more commercial vehicles, then you are required by law to purchase insurance for those vehicles. Commercial auto insurance provides financial coverage of your liability when a car accident happens.
Although insurance as a whole can seem overwhelming, the good news is that your insurance policy can be custom-made to fit your specific needs and industry. Under the law, each insurance agency has to provide specific coverage.
These requirements vary from state to state. Furthermore, it is packaged into policies like comprehensive coverage, liability only, and so forth. Your coverage depends on the policy you choose.
When you begin shopping for an auto policy, it is important to have an idea about the type of coverage you need. If you are a business owner, consult with your agent about which policy features you may or may not want. Ask them about exclusions and, if necessary, see if you can purchase extensions that bridge any gaps in coverage.
Your auto policy will depend on several factors. For instance, fleet size, claims history, and the number of insureds (employees covered by this policy) is taken into consideration. It is also important to keep in mind that a vetting process for approving employee drivers should be put into place.
Although it is not typically required, it is ideal to ask employees to go through a defensive driving course as a prerequisite to being allowed to drive a company car. Moreover, certifying your drivers can result in discounts on your auto policy.
When you allow a bad driver to get behind the wheel of your commercial vehicle, you are liable for the damages and injuries that are possible from their reckless driving. Avoiding unnecessary claims is one key to keeping your rates down.
Minimum Coverage Requirements in the State of Texas
Every state has specific requirements for the minimum amount of insurance drivers are required to have on the road. In Texas, drivers must maintain a policy that includes the following:
- Bodily injury liability-$30,000/person, $60,000/accident
- Property damage liability- $25,000/accident
Other optional insurance coverage includes;
- Uninsured/underinsured motorist and property damage
- Personal injury protection
- Medical benefits
All states require drivers to have an auto insurance policy with minimum liability coverage. However, there are several states that also require drivers to have uninsured motorist coverage, personal injury protection, and medical benefits.
It is important to know your state’s requirements before purchasing your policy. Having no insurance or being underinsured can result in penalties and fines. Furthermore, it could result in significant lawsuits and settlements against you in the instance that you cause a wreck.
Be on the Lookout for Excellent Discounts
Owning and operating a small business comes with many costs. Commercial auto insurance is one of these. However, it doesn’t have to be overwhelming in cost or break the bank. The good news is that most insurance companies have a vested interest in promoting safe driving habits for their clients.
As a result, insurance companies often offer incentive and discount programs. Safe driving, defensive driving certifications, good driving, and remaining accident-free for a period of time are all great ways to earn deductions in pricing on your premiums. Over time, these savings add up.
As part of many discount programs, most major insurance companies now have small Bluetooth devices that can be plugged into your car. These devices track things like braking pressure, speeding, and mileage, all of which factor into the discount you receive.
Of course, the ideal course of action is to avoid an accident altogether. Although insurance can protect your financial liability when wrecks happen, there are other ways that it can affect your business. Having a car totaled or damaged and in need of repair can stall or lower the amount of business you are able to take on.
In addition, there is a strong likelihood that you will be dealing with employee absence when injuries behind the wheel happen. Ask your insurance agent for more information about discounts and safe driving incentives!
Types of Commercial Auto Coverage:
A basic liability auto policy includes coverage of vehicle damage or bodily injury of the third party. This type of coverage is used when you are at fault for the accident. It covers your financial liability in causing the accident by providing compensation for the damages and injuries caused. Every state, with the exception of New Hampshire, requires a minimum level of liability insurance.
On the other hand, a comprehensive auto policy is one that covers property damage and injuries that result from an accident whether it is your fault or not. Under specific circumstances, this policy will cover your own medical expenses and car damage. However, this is usually only the case when the other party is either uninsured or underinsured.
Cinco Ranch TX Commercial Auto Insurance
For more information about Texas Insurance Agency, visit our website! There, you can also read our blog, visit our location page, and even request a quote! Choose Texas Insurance Agency and protect your company with a Cinco Ranch TX Commercial Auto Insurance policy.
Cinco Ranch, TX Fun Facts:
- Cinco Ranch is a community located in Katy, TX.
- Enjoy a fine dining and shopping experience at La Centerra in Cinco Ranch.
- Downtown Houston is just a short thirty minutes drive away.
- For more information about Cinco Ranch, TX, visit the city’s website!