There are various types of commercial insurance, and not every business requires all of them. The types your business needs largely depend on what your business does, who works for it, and what the company owns. The types of business insurance you should need to be in place to protect yourself and your business. Commercial auto insurance is just one of these essential types of commercial insurance your business may need. To get started with a policy, contact us at Foresee General Insurance Agency Inc. in Harrison, AR.

Commercial Vehicles

If your company owns a vehicle, that vehicle is required to be covered by a commercial auto insurance policy. This applies to any and all vehicles owned by the company. If you have a trucking company, you may also need other insurance. If you don’t have commercial insurance for your company car, a personal policy likely won’t pay out in the event of an accident. To be covered in case of accidents, it’s important to ensure that the policy is commercial.

Legal Requirements

It’s not just an insurance requirement that makes it necessary to get this insurance. It’s also mandated by state law. If your vehicle doesn’t have the correct type of insurance policy, your business may be subject to fines, fees, and other penalties. Be sure to have this insurance and always to carry proof of it. The state of Arkansas also requires this.

Securing Commercial Auto Insurance

When your business owns a vehicle and needs a commercial policy for it, we’re here to help. Contact Foresee General Insurance Agency Inc. in Harrison, AR, to learn more about these policies and get started.