Every business that owns one or more vehicle for business purpose will have to receive commercial vehicle insurance. It is important for businesses where trucks, buses, delivery vans, etc. are used. Commercial insurance helps in protecting against losses that are incurred because of vehicular accidents as well as liabilities that can incur due to those accidents.
Liability insurance helps in covering the damage that the business owner or the vehicle driver has caused to the other party. This means, while driving if you injure or harm someone, then you’re liable to pay the damage and liability insurance helps you in covering it. Majority of businesses own their own vehicle, for their needs. Such vehicles need commercial vehicle insurance as your personal auto insurance will not cover damage made by commercial transport.
Mississippi is located on the southern-eastern region of US. It is the 34th most densely populated city of US. The city experiences humid and hot summers, but sometimes during fall, there are chances of hurricanes. There is snowfall, but not as dense as other cities. Still, hurricanes, snowfall and thunderstorms cause slight destruction and accidents occur naturally. These accidents can happen due to any reason, but majorly on roads, heavy vehicles are at risk.
Commercial auto insurance in Mississippi is equally important. America Insurance Broker or AIB was started in 1980 by David and Sue. For 24 years they have provided commercial vehicle insurance to Louisiana. After 2007, they started providing full service for insurance to seven different states. These states include Tennessee, Arkansas, Texas, Louisiana, Mississippi, Alabama, and Georgia. You can check their website www.americantruckinsurance.com for more information.
Commercial auto insurance not only helps in covering the damage for vehicles, but it also pays for the bodily injuries and vehicle plus property damage of both parties.
Liability insurance isn’t optional, but you can always decide the limits and certain criteria –
- Every state has their cash limits for liability insurance. It is better to check with your state the bare minimum amount to carry for legal driving.
- It is better to keep the limit on the higher side depending upon the vehicle. If your vehicle is big and your liability insurance is small, then remember with big vehicles, damages are always bigger and therefore, you might have to pay from your pocket, because of bare minimum amount in insurance policy.
- You can think of buying a smaller liability policy, only when you have sufficient money in your account to pay extra when required.
There are some insurance companies who provide extra benefits when you avail insurance of upper limit. For example, they might pay extra for coverage or home pick and drop service etc. Commercial auto insurance isn’t just a permit for legal driving, but it is also for keeping everybody safe.