5 Commercial Auto Insurance Options
Black Car InsuranceA black car is a for-hire vehicle and is dispatched on a pre-fixed basis. Black car vehicles are required to have proper black car insurance coverage. A Black Car with 1 to 8 seats should meet the following liability requirements:
- Per Person: $100,000
- Per Accident: $300,000
- Personal Injury Protection: $200,000
The limits are higher for Black Car vehicles with more than 8 passengers.
Car Service InsuranceAs the name suggests, car service insurance covers your vehicle’s mechanical and electrical issues. It is also referred to as mechanical breakdown coverage. It is highly recommended to have this insurance after your vehicle’s initial warranty has ended. Your private car insurance or other types of insurance policies most likely don’t cover repair costs due to a general breakdown. It is something like an extended car warranty, as it pays for repairs and replacement of certain systems. It can also help fill any gaps in your auto insurance coverage.
Some of the systems and components covered by car service insurance policies include:
- Heat & air conditioning
- Electrical systems
- Fuel systems
- Steering system
Private Auto InsurancePrivate auto insurance is a type of insurance for individuals that protects their vehicle in the case of an accident or weather event or in some other kind of claim situation. The type of coverage you get depends on your auto insurance type. It may cover your vehicle repairs and/or medical bills or even assist you in getting a rental car when you get into a collision.
While there are many options when getting private auto insurance, it is recommended to choose a comprehensive plan. It can provide you coverage for repairs and replacement even when your vehicle gets damaged in some incident and not a collision. Some of the common examples include:
- Damage by falling trees or hail
Comprehensive private auto insurance can provide you additional protection against incidents and damages from events that are out of your control.
Limousine InsuranceThe limousine transportation industry provides an important service to organizations and individuals that seek reliable transportation. You may be carrying business executives, VIPs, or providing luxury transportation to individuals on special events. People expect you to provide the best service. If you get involved in an accident, it is important to have insurance that covers everything to protect your interests. The insurance should also prevent client disappointment or frustration. Limousine insurance can do exactly that.
Limousine insurance usually covers the following:
- Personal injury liability: Your business will get coverage for property damage caused to others.
- Property Damage Liability: It will cover any property damage caused to others.
- Employment Liability: This can protect your business against any lawsuits that may arise out of workplace injuries.
Livery InsuranceLivery insurance is required for businesses that transport passengers from one place to another. A limousine, taxi, personal rideshare vehicle, and any other vehicle used for transporting people can be classified as a livery vehicle. The different types of livery insurance include:
- Taxi insurance
- Non-emergency medical transportation insurance
- Black car or limousine insurance
- Rideshare insurance
Whatever type of vehicle or business you may have, A&C Brokerage can help you select and purchase the right insurance to protect your interests. We have users of experience as a trusted insurance brokerage in the industry. Whether you want to get new insurance or renew your policy, call us today at (212) 942-6339. You may also fill up the respective forms on this page to get an auto insurance quote.
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