Business Auto Insurance for Carpet Cleaners
Residential carpet cleaners may travel to five or ten client locations each day. Commercial carpet cleaners may service one or two locations daily, or as many as fifty depending upon how large your company is. This frequent travel by vehicle increases your chances of you or an employee being involved in an auto accident. Auto accidents can be quite expensive to recover from. They’ve been known to force some companies to file for bankruptcy because the costs were so high. That’s why it’s important for you to carry carpet cleaners auto insurance.
Business auto insurance for carpet cleaners protects you from the severe financial setbacks which can be caused when auto accidents happen. Whether you and your employees drive personal vehicles or company owned cleaning vans, the cost of replacing the vehicle or your expensive commercial cleaning machines and materials can be extensive. Your business auto insurance can be structured to provide broad levels of protection. It can protect you from vehicle loss and equipment damage, or problems caused by collisions, theft, fire and roll over events. Additional bodily injury coverage ensures you and your employed drivers have accident related emergency and medical care expenses paid for as well.
Commercial Auto Liability Insurance For Carpet Cleaners
Commercial auto liability insurance for carpet cleaners protects any vehicle that you or your employees drive for work purposes. This insurance is mandated by law in most parts of the country, and it serves to protect other drivers as well. Liability insurance pays for damages and injuries when you or one of your company’s employees is the cause of an auto accident. It protects your company by putting limits on the amount of accident damages you’ll have to pay for directly. It protects innocent drivers by paying for repairs or injuries they didn’t cause. Liability auto insurance covers you, your business vehicles and your employees when anyone is driving for work reasons. When employees are driving from a residential carpet cleaning appointment for example, or returning to the office to refill their cleaning supplies, your carpet cleaner’s commercial auto insurance coverage has you protected.
Combined Single Limits
A combined single limit (CSL) policy protects you by providing for one fixed total payout amount on a per accident basis. A CSL does not place limits on benefits for bodily injury or damages to property separately. Instead, it protects you with coverage up to the total maximum as set in your company’s policy. For example, if your employee causes an accident that harms several people, the majority of your CSL policy benefits may be used to pay for medical care and injury expenses.
Split Limit Policy
A split limit auto insurance policy limits how much of the benefits can be paid in total for specific damage types. Each state sets minimum legal amount of coverage you can carry, and your business auto policy determines what the maximum payouts will be for property damage and bodily injury separately.
For example, if you choose a split limit policy of $100,000/$300,000/$50,000 for your commercial Carpet cleaners auto insurance:
- Your policy would pay no more than $100,000 for each individual’s bodily injuries.
- Your policy will pay no more than $300,000 for the combined total of bodily injuries.
- Your policy will pay no more than $50,000 for the combined total of property damages.
Physical Damages Coverage
Physical damages coverage gives your company additional protection against the risk of your losing your business vehicles. For example, if one of your employees is driving the company carpet steam cleaning van and has a severe auto accident, the van may be damaged beyond repair. Carrying physical damages protection on your business auto insurance policy means that it will pay for the cost of replacing that van.