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7 Benefits of
Commercial
Vehicle
Insurance
in Louisiana
Irrespective of the size and popularity
that your business has, if there is
involvement of vehicles of any sort, it is
your prime duty, as a responsible citizen
of Canada, to avail commercial vehicle
insurance in Louisiana.
Auto insurances are designed for
both, large and small scale trades,
and any vehicle used by the
owner/s or the employee/s, must
be covered by commercial vehicle
insurance to avoid unnecessary
mishaps in the future.
Hence, discussed here are the
major 7 benefits of commercial
vehicle insurance in Louisiana.
1. Avail Higher Limits:
When your business is involved
with vehicles, either you or
your employee/s have to drive
it, if not regularly at least
frequently.
This also means that there will be
probabilities of getting into a wreck.
And accidents involving business
vehicles can result in expensive
lawsuits, easily exceeding the limits
of a personal auto insurance.
This is why, commercial auto
insurances come with higher limits,
covering all commercial vehicles.
2. Business Equipment Protection:
When it is a matter of a trade, the
vehicle that is driven might
comprise of tools and equipment
related to the type of business you
deal with.
So when you have a commercial
vehicle insurance in Louisiana,
these tools will as well get covered
in case of damage during an
accident.
3. Driver’s Protection:
As a business owner, it is not
possible for you to be at
everywhere and at every hour, and
especially when your business
starts expanding.
So in such time, you will appoint
employees to take over the charges.
Similarly for driving your business
vehicles also, you will have drivers.
By misfortune, if any day, your car
meets with an accident during duty
hours, all the damages will be taken
care of by the insurance company. It
will as well bear the expenses of
lawsuit and driver’s medical bill.
4. Comprehensive and Customizable:
Unlike a personal auto insurance, a
commercial vehicle insurance
offers more coverage in many
ways – property damage, medical
payments, liabilities, cargo
coverage and etc.
In addition to this, you can
customize your insurance quote to
cover other essentials, as per your
requirement.
5. Tax Benefits:
When you have commercial auto
insurance, you can show it as a
business expense and avail tax
deduction.
6. Third Party Liability:
When your business vehicle meets
with an accident, it can cause
damage or loss of property to third
party/s, including death/s. In such
bad luck as well, your insurance
company will protect you.
7. Meet the Requirement/s of Fleet Leas
In case your business is about
rental car or trucks, then you need
to maintain fleets.
And if you take it on lease, you
have to show commercial vehicle
insurance, so that in case of any
mishaps, proper financial support
can be availed.
The Original source is here:
https://insurancecompany87192451
3.wordpress.com/2021/03/03/7-
benefits-of-commercial-vehicle-
insurance-in-louisiana/
Bonano Insurance Agency
Phone: +1985-893-9393
Website: www.bonanoinsurance.com
Address: 1109 US-190 BUS,
Covington, Louisiana 70433, USA

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7 benefits of commercial vehicle insurance in louisiana

  • 2.
  • 3. Irrespective of the size and popularity that your business has, if there is involvement of vehicles of any sort, it is your prime duty, as a responsible citizen of Canada, to avail commercial vehicle insurance in Louisiana.
  • 4. Auto insurances are designed for both, large and small scale trades, and any vehicle used by the owner/s or the employee/s, must be covered by commercial vehicle insurance to avoid unnecessary mishaps in the future.
  • 5. Hence, discussed here are the major 7 benefits of commercial vehicle insurance in Louisiana.
  • 6. 1. Avail Higher Limits: When your business is involved with vehicles, either you or your employee/s have to drive it, if not regularly at least frequently.
  • 7. This also means that there will be probabilities of getting into a wreck. And accidents involving business vehicles can result in expensive lawsuits, easily exceeding the limits of a personal auto insurance.
  • 8. This is why, commercial auto insurances come with higher limits, covering all commercial vehicles.
  • 9. 2. Business Equipment Protection: When it is a matter of a trade, the vehicle that is driven might comprise of tools and equipment related to the type of business you deal with.
  • 10. So when you have a commercial vehicle insurance in Louisiana, these tools will as well get covered in case of damage during an accident.
  • 11. 3. Driver’s Protection: As a business owner, it is not possible for you to be at everywhere and at every hour, and especially when your business starts expanding.
  • 12. So in such time, you will appoint employees to take over the charges. Similarly for driving your business vehicles also, you will have drivers.
  • 13. By misfortune, if any day, your car meets with an accident during duty hours, all the damages will be taken care of by the insurance company. It will as well bear the expenses of lawsuit and driver’s medical bill.
  • 14. 4. Comprehensive and Customizable: Unlike a personal auto insurance, a commercial vehicle insurance offers more coverage in many ways – property damage, medical payments, liabilities, cargo coverage and etc.
  • 15. In addition to this, you can customize your insurance quote to cover other essentials, as per your requirement.
  • 16. 5. Tax Benefits: When you have commercial auto insurance, you can show it as a business expense and avail tax deduction.
  • 17. 6. Third Party Liability: When your business vehicle meets with an accident, it can cause damage or loss of property to third party/s, including death/s. In such bad luck as well, your insurance company will protect you.
  • 18. 7. Meet the Requirement/s of Fleet Leas In case your business is about rental car or trucks, then you need to maintain fleets.
  • 19. And if you take it on lease, you have to show commercial vehicle insurance, so that in case of any mishaps, proper financial support can be availed.
  • 20. The Original source is here: https://insurancecompany87192451 3.wordpress.com/2021/03/03/7- benefits-of-commercial-vehicle- insurance-in-louisiana/
  • 21. Bonano Insurance Agency Phone: +1985-893-9393 Website: www.bonanoinsurance.com Address: 1109 US-190 BUS, Covington, Louisiana 70433, USA