Shuttle & Charter Insurance
Shuttle businesses and anyone in the shuttle transportation industry have a lot of details to keep track of in the day-to-day operations of their business. Some shuttle services are offered as an add-on to other business services, such as a hotel or resort offering airport shuttle services. Other businesses operate shuttle services very much like standard taxicab services so that they can transport larger groups of people at once.
Whether you offer shuttle services in the hospitality industry or you operate a shuttle transportation service itself, your vehicles are critical components of your business’s success. Transportation industry insurance is one of the most critical investments you can make to ensure that your company does not suffer financial hardship if an accident arises with your shuttle or other transport vehicle. Here are the types of shuttle and transportation insurance you’ll need for the best protection:
- Liability Insurance – Whether you’re buying shuttle insurance or not, you are required by law to carry liability insurance. Liability coverage protects other drivers when you cause an accident with your vehicle. If you are at fault for the accident, your liability insurance will pay for any physical injuries caused to other people, and it will pay to repair property that you’ve damaged.
- Bodily Injury – The bodily injury portion of your liability insurance coverage is meant to pay for the medical related expenses that arise for victims in an accident that you are at fault for. If your transport vehicle causes an auto accident and one or more people is physically harmed in that accident, your bodily injury coverage pays for the bills and expenses that arise. It pays for the cost of emergency medical transportation and care, hospital stays, rehabilitation expenses such as physical therapy, time off work, pain and suffering, and any other related expense that the primary care physician deems necessary.
- Property Damage – The property damages portion of your transportation insurance policy pays for the cost of repairing the other vehicles that were involved in the auto accident. If you or your shuttle transport driver is at fault for the accident and there are damages caused to other vehicles or property, the property damages portion of your coverage will pay to have the vehicles repaired or replaced if necessary.