Auto insurance policies can differ in many ways. When choosing your car insurance coverage, it is important to choose the policy that best suits you and your needs. Essentially, you need to consider how important your car is to your lifestyle, and how much it would cost to repair or replace. Although policies vary and may have different components, comprehensive car insurance is considered the best option and provides the best overall coverage especially when you are looking to ensure your vehicles used for business purposes. Here are some things to consider when making a car insurance decision:

  1. Was the accident your fault? It is important to know that many policies do not cover accidents that are your fault. Comprehensive car insurance will usually cover you for an accident that you caused, as well as accidents caused by others. Be completely certain what your policy covers in this regard. While you may be required to pay a compulsory excess, this is generally less costly than having to pay for the accident yourself.
  2. Lost without your car? Many comprehensive car insurance policies include a courtesy car for you to use while your own car is being repaired. If you will require your car for work commitments, you will almost certainly need a replacement. It is important to clarify with your insurance company whether or not a courtesy car is included, as you never know when you may need it.
  3. What about vandalism? There are few things more upsetting and costly for a car owner than returning to your car to discover it has been vandalised. For those living in urban areas, this is of particular concern. Most comprehensive car insurance policies will cover vandalism to your car. This can include anything from a broken wing mirror to a car that has been keyed or had its windows broken.
  4. Natural Disasters: If you live in an area that is prone to natural disasters, such as hurricanes or strong storms, earthquakes or tornadoes, comprehensive car insurance can potentially save you a great deal of money. Natural disasters can happen at any time and can do serious damage to a vehicle. Not all comprehensive policies cover natural disasters, so make sure you know the details of your policy. Pay particular attention to the specific natural disasters covered, as many exclude flooding.
  5. Can you afford the cost of not having comprehensive insurance? While comprehensive insurance is more expensive than other types of policies, if you are in an accident or your car is damaged, it will almost certainly save you money. Ultimately, the choice lies with the vehicle owner. If your car is irreplaceable due to finances, then you should make sure you are fully protected. Make sure to read the small print of your policy, and most of all, make sure you are completely covered.

Vehicles owned by your business present a great deal of liability when not covered by a decent insurance policy. One accident involving yourself or an employee could have serious financial repercussions. Come in today and find out how The Hoffman Agency can help you find the right auto insurance policy for your business today!