What Types of Vehicles Does Limo Insurance Cover?
Limo insurance is normally able to cover most of the different vehicles that limousine companies use. Policies are widely available for traditional limos, stretch limos, SUV limos, limo busses, SUVs, town cars and other types of vehicles.
What Coverages Do Limo Insurance Come With?
In order to provide robust protection, most limo policies come with multiple coverages that get packaged together. The exact coverage options that a policy makes available can vary, but there are many protections that are commonly offered:
- General Liability Coverage, which might cover slip-and-fall (non-car) accidents and other basic risks
- Personal Injury Limousine Coverage, which might cover non-driver injuries sustained in car accidents
- Bodily Injury Coverage for Limousine Drivers, which might cover driver injuries sustained in car accidents
- Property Damage Liability Coverage, which might cover damage to clothes’ property that’s sustained in car accidents
- Uninsured and Underinsured Coverage, which might cover accidents caused by other drivers who aren’t properly insured
- Employment Practices Liability Coverage, which might cover employment-related accusations made by workers
There are still other coverages that may be helpful to a business. An insurance agent can help businesses review all of their options.
How Much Do Limousine Policies Cost?
Limousine policies’ premiums are based on multiple factors and often vary. A business’ location, fleet size, vehicle type, driver history and other items may all be considered during underwriting.
Even with variance among policy premiums, however, coverage tends to be affordable. It’s almost certainly more affordable than forgoing insurance, and possibly facing legal consequences or losses without protection.
How Can Limousine Businesses Save on Insurance?
There are several ways that limousine businesses may be able to lower their policy premiums.
First, businesses can check for potential discounts. Insurance companies sometimes offer discounts for insuring a fleet of vehicles, remaining claims-free, hiring good drivers, being a new customer or renewing a policy.
Second, businesses can hire experienced drivers who have pristine driving records and require drivers to complete safe driving courses. These qualifications may help businesses get a good-driver discount or secure lower premiums regardless of any discount.
Third, businesses can explore policy options with the aid of an independent insurance agent. An independent agent isn’t tied to any one insurance company, so they can compare policy options from several companies. This makes it easy to identify which policy offers the coverages that a business needs at a competitive rate.
How Can Limo Businesses in Massachusetts Get Limousine Insurance?
For help insuring a Massachusetts limo business, contact the independent insurance agents at Paul T. Murphy Insurance. Our agents have worked with many businesses that need different types of commercial auto insurance, and we have the expertise necessary to make sure you find a limousine insurance policy that’ll give your business solid protection.
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