Commercial insurance is a necessary component of any serious business. Even the smallest of businesses need to consider the impacts if a key piece of their business becomes disabled and they do not have insurance protection. Proper levels of insurance bring not only piece of mind but also make good business sense.
Insurance does not have to be complicated. You just need to figure out what’s really important and assign a dollar amount to that ‘importance’. Insurance for commercial vans is widely available with prices depending on the amount and type of coverage.
Collision and liability form the basis of most insurance policies and commercial insurance is no different. You’ll need to determine how many people are going to be driving to estimate your liability costs and how much damage protection you want for the collision part.
You can also cover equipment lost or stolen within the vehicle. For example, carpet cleaning vans usually have truck mount cleaning equipment on board so you need to determine whether to insure this equipment with the van or on a separately policy. A vehicle collision could very easily damage both the vehicle and the carpet cleaning equipment.
Prices can differ substantially between companies so it pays to shop around. Other small business owners are good sources for suggestions or recommendations. Insurance brokers can also be useful but only if the are independent and not affiliated with any single company.
The internet is a good place to search for commercial van insurance. Cheap van insurance is only a search away if you know what you need. However, you still need to be careful as some companies will low ball their online quotes to ‘get you in the door’ and then sell you a higher cost policy. Like any serious business expense, it pays to do your homework.
Shopping for commercial van insurance is very similar to shopping for insurance on your personal vehicles. Understanding your needs and asking a lot of questions will help get the right policy for your business.