One of the most at-risk assets that you own is a company vehicle. It is at a much higher risk than your own personal vehicle. This is because any liability that occurs to the company vehicle, your business will be left picking up the pieces. This will slow down the growth of the business. It is therefore very vital that you protect it as well.
A company vehicle is also exposed to more risks than a personal vehicle.
For example, if a company vehicle is used for delivery, it will constantly be on the road. This exposes it to more risks. If the vehicle is used to transport goods, it is at risk of accidental damage during loading and offloading.
What Are Some of The Risks Of A Company Vehicle?
There are several calamities that could happen to the company vehicle. For example:
- Accidental damage
- Malicious acts of vandalism
- Hail storms
- Attempted theft
Here at Coulson Pritchard Business Insurance, we work out an appropriate cover for your vehicle depending on the model of the vehicle and the purpose of the vehicle. Because of the several levels of covers, our insurance providers will guide you in finding the best policy for the company vehicle.
Reach out to us to get a custom quote on the best cover for your company vehicle. Simply visit any of our branches across the country or call us at 1300 741 731.