255 W. Uwchlan Avenue 
Downingtown, PA 19335 
Facebook Twitter LinkedIn Google+ Yelp Instagram

We’re Here Today For Your Tomorrows

Auto Insurance AUTO Read More
Homeowners Insurance HOME Read More
Business Insurance BUSINESS Read More
Life Insurance LIFE Read More
Health Insurance HEALTH & EMPLOYEE BENEFITS Read More
Motorcycle Insurance MOTORCYCLE Read More

Investing in commercial auto insurance is not just about selecting the right liability coverage. It is also necessary to consider the value of the vehicle on the items on and in it. Look at your commercial vehicle as a large investment. You spent a significant amount of money on this investment. A fire or theft could wipe out that investment. Luckily, a well-selected commercial auto insurance plan will reduce the risks to you and give you more freedom to invest wisely.

What's On Board?

A good place to start is with determining what tech or other valuable equipment is on or in your vehicle. For example, many commercial drivers now have advanced GPS units. These provide an important service. They help to provide direction and keep the driver safe. GPS units can have a significant value as well. Telematics systems which record the location, driver's speed, and other details are also valuable. It is important for you to invest in a policy that covers this type of equipment.

Look at other systems on board as well. Many companies store equipment that they take from one job site to the other in their vehicle. No matter the industry, this tends to be very valuable equipment. You may have computer systems, tablet computers, and smartphones in your vehicle as well. What items do your employees have with them when traveling from one area to the next?

Getting the Right Coverage

It is important to make this type of list. Write down the actual value to replace these items if you needed to. A fire, theft, vandalism, or storm can put you at a significant disadvantage if you do not have the right policy in place.

With this information determine how much contents and property coverage your commercial auto insurance plan offers. Is it high enough to cover the loss of all of this advanced equipment? As your business moves forward, recognize your continued investment in this type of gear. The more you add to it, the more your commercial auto insurance plan needs to match the value.

Work closely with your business insurance agent. Be sure you have a plan that reflects the current value of the items you have on board. It does not take long to make this list. However, it can help you know you have enough coverage to protect your business.

We’ve got you covered. Miller's Insurance Agency, Inc. can help you get an Exton commercial auto policy that meets your needs. Call us at (610) 269-4500 for a fast, free policy quote.

Posted 6:44 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

View Mobile Version
Erie Insurance
Eastern Alliance Insurance Group
Lackawanna Insurance Group
© Copyright. All rights reserved.
Powered by Insurance Website Builder
Reach out and refer someone to us so we can give back to the community!
Every referral we receive, $5 will be donated to our Spotlight Charity of the quarter!