How to Properly Insure Your Business Automobiles

Auto insurance in Tennessee is not just for personal vehicles. It is also necessary for the automobiles you use in your business. You need to have the proper coverage to safeguard your company against financial loss due to accident expenses, lawsuits, and uninsured drivers.

First, you must meet Tennessee’s minimum requirements for auto insurance. You need $25,000 liability for every bodily injury or death per car accident, with a total limit of $50,000, and $15,000 liability for property damage per car accident. These basic regulations only protect you so much, so you should acquire additional coverage.

Review available add-ons and determine which ones should be in your policy. If your business cars are models frequently targeted for theft or if you live in an area with harmful weather conditions, it is wise to include comprehensive coverage. It is also best to protect your company from uninsured and underinsured drivers. Other practical options include towing and rental car coverage, as it is very likely you will need these services in the event of an accident or breakdown.

Consult an insurance provider to decide which options are best for your company so you can have peace of mind knowing you are fully protected on the road. Remember to ask if your auto insurance in Tennessee can be bundled with your other business policies to save you money and give you convenience.