Do you need insurance coverage for your limousine fleet? We can help. Fill out one form and we’ll connect you with three insurance agents who’ll compete for your policy. When you compare policies, you save.
The Types of Insurance Coverages Your Limousine Fleet Needs
Owners of limo services are tasked with finding adequate insurance coverage for their fleet. This can be difficult. It seems like once you finally find an agent who specializes in limousines, he starts to overwhelm you with options. We want to help you make sense of which coverages you need and which ones you don’t. Here are the main types of coverages that your agent might offer you.
Coverage for the Road
Automotive Liability Insurance – This is legally required coverage for any vehicle on the road. If one of your drivers gets into a wreck and he’s deemed at fault, this coverage pays for repairs to the other person’s vehicle or any related medical bills.
Physical Damage Insurance – This coverage protects your vehicles in the same situation. Again, your driver gets into a wreck. This coverage kicks in and pays for repairs to your limousine. This saves your business from the sudden burden of replacing a totaled limo.
Uninsured and Underinsured motorist – This protects your vehicles when they’re struck by a motorist without insurance. An important protection to get if you opt out of Physical Damage Insurance.
Medical Payments Insurance – This coverage protects any passengers you have in the limousine while being chauffeured. Basically, it protects your clients if they’re harmed during an accident. This protection is especially important for stretch limousines and party buses where physical injury is more common. Most insurance companies offer this coverage.
Workers’ Comp Insurance – This coverage insures your chauffeurs against injury whether they’re driving or not. Many states require this coverage even if you only have one driver other than yourself.
Coverage for Your Business
General Liability Insurance – If someone is hurt on your premises, you are responsible. General Liability Insurance pays for medical expenses and legal fees when you’re deemed at fault in an accident.
Garagekeepers Liability – This protects your vehicles while they’re being held on your lot overnight. That way, you don’t have to worry about theft or vandalism. This coverage is cheaper if you have things like indoor garaging, 24 hour security, a lit lot, an alarm system, or even fencing.
Employment Practices Liability Insurance – This protects you and your company if your employees ever accuse you of sexual harassment, discrimination or wrongful termination. It doesn’t matter if their claims have merit or not.
How to Get Your Limousine Fleet Service Covered
The best way to get fully covered is to shop between multiple insurance agents who write policies for limousine services. We can help. Fill out one form and we’ll connect you with three agents who’ll compete for your business. They offer you their best quote and you select the winner.
