Winter is here; and so is the increased probability of on-road accidents. So, stock up on your firewood and those puffer jackets but check into your insurance too. At Paradiso Insurance, we suggest our clients to regularly evaluate their insurance in order to get a clearer view of their finances. Plus, it helps you update your plans according to your needs as well. 

This blog is specifically garnered towards Business owners who use vehicles within their business. We want you to consider investing in a commercial vehicle policy this year. Doing this can save you a whole lot of time and money; which you can later invest in your business. 

What is Commercial Vehicle Insurance? 

Now, commercial Vehicle Insurance is usually covered in Commercial Insurance; according to some of the more innovative insurance plans like those at Paradiso Insurance. However, when defining it as standalone insurance, 

It is “designed specifically for vehicles that are used by or for a business. This can include vehicles that you buy for a business you own and personal vehicles you use for business.”

Commercial Vehicle Insurance offers liability coverage and collision coverage of both – the vehicle and the driver. 

Commercial Insurance also expands to instances where other people are injured/ adversely affected in the wake of your business doings. It is a must-have for businesses to ensure the safety of their clients, employees, and property. 

Working of a Commercial Vehicle Insurance

Whether you’re a business owner or are self-employed, you need commercial auto insurance if you use your vehicle for commercial purposes, especially in the winters. 

Say, you are a Plow Driver, or perhaps, you own a Plow Truck –  in winters – the situation on the road isn’t optimized for travelling. Factors like extra narrow roads, snow piles, and black ice make for terrible driving conditions, especially for those with a wide plough attached. You are prone to get into accidents in the winter. 

But we know how it is, you can’t stop working. The next best thing is to make sure that you and your vehicle are covered by Commercial Vehicle Insurance. 

Why do you need this insurance, especially in the winters?

Simply because of the risk and chances of accidents increase tenfold. Slippery roads, heavy snowing, fog, etc. 

If we go back to the ploughing example, commercial vehicle insurance could help cover your employees and your company in the event that they finish ploughing, salting, or sanding, but an accident occurs after they have left. You see, if the legal processes determine that it was your employee and your company at fault here, you will be liable to cover the damages of the accident. Your insurance will help you do that.

What does Commercial Auto Insurance cover?

It covers a whole lot. 

• Medical payments or personal injury claims resulting from an accident
• Damage related to theft, vandalism, falling objects, or weather events
• Rental vehicle costs if you need to rent a temporary replacement vehicle for your business
• Employee vehicles that are used for business purposes

Your regular personal insurance won’t cover all these costs. 

The Takeaway

Our experts at Paradiso Insurance suggest that anyone whose business is dependent upon a commercial vehicle should get this insurance; plumbers who have a van, catering company needs to insure their vehicles that transport the food, etc. For a free, no obligation quote today give us a call at (860) 684- 5270 or visit our website at www.paradisoinsurance.com.