Whether you have just one or two vehicles in use for your company or an entire fleet, you cannot afford to let your vehicles be driven without a business auto insurance policy in place. This is as much to protect your drivers as it is to protect your vehicles and business and it could be the deciding factor between an easy fix and a financial disaster. Since you never know what might happen on the road or when you might face a sudden incident, this type of insurance must be a high priority on your investment list.
Litigation
If one or more of your vehicles is caught up in a significant accident on the road, it is not uncommon for the other party or parties to attempt to pursue litigation against your company for the accident. Even if liability is clearly with another driver, business auto insurance in Oklahoma City, OK will ensure that you have a strong team of legal support on your side to protect your interests. No matter the situation, you enjoy greater peace of mind over time.
Not Covered
Personal vehicle insurance will not cover vehicles used for business, meaning that you have no choice but to purchase an Oklahoma City business auto insurance policy if you want your vehicles covered. Fortunately, the latter policies have larger coverage amounts and are faster in turning around a settlement or accident claim. This should help you expedite the claims process moving forward and ensure that your vehicles and other assets are protected.
Medical Costs
If your driver were to be injured while on the job and it is clear that he or she was not directly to blame for the incident, you may be responsible for his or her medical bills. Emergency surgeries, pain management, and even just the ride to the hospital can quickly add thousands to the bill, making it clear that you need business auto insurance to protect your interests.
