Commercial Auto Insurance in Bedford, NH
Personal auto policies may fall short when vehicles are used for business, often leaving your drivers, assets and livelihood exposed. Dyer Insurance Agency can help you find coverage suited to your fleet in New Hampshire.
Understanding Commercial Vehicle Insurance
Commercial auto insurance is designed to cover vehicles used for business purposes, such as transporting goods, traveling to job sites, or carrying passengers for a fee. Standard policies can include the following coverage options:
- Liability coverage may help cover bodily injury or property damage to a third party when your business is at fault.
- Physical damage coverage can help pay for damage caused by collisions, theft, vandalism or weather events.
- Hired and non-owned auto coverage may extend coverage to rented vehicles or personal vehicles employees use for work.
- Uninsured/underinsured motorist coverage can offer financial protection if the at-fault driver has limited or no insurance.
How Much Does It Cost?
Commercial auto policy costs can depend on several factors, including:
- Coverage limits and optional endorsements
- The type, value and usage of your vehicles
- Your chosen deductible amounts
- Driving records of covered employees
- Your business’s claims history
- Where you operate
- The size of your fleet
Tips for Reducing Your Premium
You may be able to lower your commercial auto insurance premium by taking a few proactive steps, including:
- Keeping a clean driving record across your fleet
- Having employees complete defensive driving or safety training
- Bundling multiple policies with the same provider
- Installing telematics devices to track vehicle usage and driver behavior
- Maintaining a strong business credit history
- Shopping around to compare policies from different carriers
State regulations and policy terms can also affect your final rate. Your broker may review your options and suggest additional ways to help manage costs.
We’re Here to Help
Contact Dyer Insurance Agency today to discuss your options and get a free custom quote.