Aneka Info

Small businesses often have auto insurance

So you've purchased insurance for your small business, but you're still securing your car person. Depending on your personal auto insurance business may not be such a wise choice. May your car just apply to your small business more than you realize. Let's see whether or not you should take into account the commercial business is based auto insurance policy.

When you take into account the commercial coverage

Do you have employees? If you are using your car for business purposes, chances are very good that you will require your service commercial auto insurance policy to be damaged vehicle, and the employee was at the wheel. If you are unsure, check with your personal auto insurance provider and explain the extent to which your employees use their car.

Tips for keeping insurance premiums down

Now that you know whether or not to choose a personal or commercial policy, there are several things that every car owner can do to reduce the cost of their premiums. The first of these is a selection of quality vehicles. Auto insurance companies know that inexpensive cars with hard to find replacement parts cost a lot more to repair than Toyota, which can be serviced by anyone anywhere. Also the level of safety equipment like airbags can reduce your premiums.

If you have already bought a car and want to find increasing your deductible is another option. Increasing your collision and comprehensive deductible can have a major impact on the overall premium. In addition, most insurance companies issue policies with deductibles of $ 300 - $ 600 range when the deductible of $ 1000 is a much better choice. Higher deductibles mean lower premiums. Do the math. Even if you total your car every few years, the $ 1000 deductible will save you money in the long run through lower premiums.

better credit and lower premiums

Something You May not figured int purchasing a commercial business based auto insurance policy is your credit rating. According to a recent study of command and Co., more than 90 percent of auto insurance companies use your credit information to assess your level of insurance risk. Of those 90% of whom were awarded more premiums for candidates with "bad " credit rating. It looks as reasons for keeping the solid credit ratings just keep going up and up.