Commercial Car Insurance in Plano, TX: Myths Debunked

Commercial Car Insurance in Plano, TX: Myths Debunked

Myths are great at getting people to believe something that may or may not be true, and they could be hurting your business when it comes to commercial car insurance in Plano.

In the world of Commercial Auto insurance, there are some myths that are heard quite often and are actually putting many businesses at risk. We are here to debunk some of these myths in an effort to help you make the best decisions when it comes to your business and your commercial car insurance in Plano, TX.

Myth #1 – Your employees are covered they drive your business vehicles.

While it may sound logical, it may not always be the case. Some insurers will extend their coverage to only those drivers who are named on the policy. If your employer has “permissive use,” only then are you all covered. Myth = busted.

Myth #2 – It’s cheaper to purchase all of your insurance policies from the same company.

Depending on your business, you’re likely going to need many kinds of insurance policies. Generally, you could bundle your policies to get discounts, but with so many policies it may be cheaper to shop around and get the best rate that way. It may take a little longer, but the savings could be something significant. Myth = busted (but plausible).

Myth #3 – If your business is seasonal, you can cancel it during the off-season and save money!

Your office may be taking a break, but the forces of nature rarely do. If you cancel your policy during the off-season, your business’ cars won’t be protected. Even if you think they’re safe in storage, leaks or theft may happen, and because your policy was cancelled, they won’t be covered. In fact, you’ll actually end up spending more money than the initial premiums. Myth = busted.

Your business’ cars deserve the best protection they can get, or possibly face losing more than just your cars. Want more information about the protection you’re getting from your commercial auto insurance in Plano, TX? For an inside look at your coverage, contact Tri-Star Insurance Professionals. If you’re not happy with the cost of your Texas coverage, you can also click here to learn how you can save up to 35 percent on your auto insurance with our simple 5-step email course!