Organizations use commercial utility trailers to transport machinery and equipment, as well as goods and supplies to different places. Commercial trailers that are used specifically for business must have valid registration and insurance with the state motor vehicle department. Remember, different states have different insurance requirements.
What does the trailer insurance include?
In many situations, the liability insurance from commercial auto insurance cover extends to trucks and trailers. However, there are limits to this policy, and it may not be sufficient to protect your business. The trailer insurance aims at protecting you against losses caused by different risks.
Normally commercial auto insurance coverage does not indemnify the trailer itself in case of a loss. So, if your trailer is involved in a gruesome accident, the damage may not be compensated. But commercial trailer insurance can protect you in this, including other risk factors such as vandalism, theft, or fire.
In certain situations, especially for specialized trailers, it could be costly to replace a trailer than replacing a van or truck. Thus, trailer insurance is imperative for business owners in this line of business.
How much does Commercial Trailer Insurance Cost?
Insurance costs for trailers tend to vary based on the kind of trailer in question and its value. Driving records of those behind the wheel and claims history, also play a crucial role in calculating premiums to be paid. However, getting a quote is easy; you only need to contact a reliable commercial trailer insurer to get started.
Benefits of having commercial truck insurance:
This type of insurance is a tax-write off. Remember, commercial truck insurance is a business expense; everything about it involves spending money, from the trailer upkeep to purchasing gasoline. Think about the savings your business will benefit while working safely on the road with this insurance.
Another notable benefit of this type of insurance is the protection for the employees. Trucking Companies already have a lot to be worried about, and if you can solve one major issue, such as ensuring the safety and care of your drivers, you must do so. Commercial truck insurance ensures the driver and other designated users have medical coverage in case of an accident.
Equipment used in commercial trucking is expensive, not to mention the cargo. It is extremely important to protect company and client assets, including trailers, trucks, and cargo. Damage caused by a commercial trailer accident can be devastating to a small business. You could be responsible for replacement goods or need to refund your clients for purchases that fell through as a result of the accident. This can be made possible without affecting the operating capital of your business by purchasing commercial trailer insurance.
The last and the most important advantage could be savings you can make as a company and a business owner. Typically, businesses associate commercial trailer insurance policies with high rates, and sometimes this can’t be avoided, but shopping your insurance with a multi-line carrier could prove a profitable phone call. Kelly Lee Insurance works with over 50 independent carriers to ensure his business clients get the coverage they need at the best rates available.
It Protects the Image of Your Business
How people see your business can determine your business success in the future. If you have a positive brand, it is easy to convince potential customers to do business with you. But, if your company does not pay for liabilities caused by accidents, it can become challenging to find new clients and customers.
Commercial Trailer Insurance - 18-Wheeler Insurance - Commercial Truck Insurance - Lake Charles, LA
Life Insurance Policies of Kelly Lee Insurance Services
Why is Life Insurance Important?
Life is unpredictable, and if you want your loved ones to lead a secure and comfortable life, should something unfortunate happen to you, then you should invest in life insurance. Save them from having to endure financial hardship in the event of your absence.
A life insurance policy is a great way to protect your assets, and is one of the most affordable means of doing so. With so many options available in the market, one might find it challenging to make a decision on their own. Understanding your requirement and then selecting a life insurance policy can be overwhelming. If you are planning to purchase a life insurance policy in Lake Charles, LA, trust Kelly Life Insurance to help you make a well-informed decision.
No Pressure Decision Making
You can call us to look at your options because we carry both term and life insurance available, as well as permanent life.
What is term life insurance?
Term life insurance provides temporary financial protection for your family during your working years, with your ability to pay money directly to your beneficiaries after your demise. Financial obligations of those covered under the policy such as daily living expenses, school tuition for your kids, and your mortgage payments, will be taken care of. But you need a plan that promises long term coverage, which is why you should buy permanent life insurance.
What is Permanent Life Insurance?
This insurance provides lifelong protection and the ability to accumulate a tax-deferred cash value. Unlike term life insurance, a permanent insurance policy will remain enforced for as long as you can afford to pay your premiums if you find them affordable. Your policy and coverage need to match your families individual needs that you see as something necessary to cover.
How Can Life Insurance Policies Be Enhanced?
Life insurance policies such as a waiver of premium accelerated death benefit coverage, sudden illness, or even long term coverage that requires adjustment of the plan to match your family’s needs allows for the modification due to future life changes that may happen. Permanent Life Insurance Policies are used to pay premiums, as well as most financial obligations that add up over time. If you need lifetime coverage and you have the means to pay for coverage, it ensures that family stays protected. Permanent life insurance has cash value where the account grows at a rate specified by the policy. Cash values are separate from the death benefit of a permanent life insurance policy because when you pass away, your beneficiaries will not receive any of the cash value. Some insurance companies offer coverage for less than $50,000 so that the cost of a dollar per coverage is still high. Final insurance expenses are still expensive, despite the fact that they do not require a medical exam in order to determine coverage and provides coverage for a lifetime.
Who Is Kelly Lee Insurance?
Kelly Lee Life Insurance was initially started as a niche market in property coverage. By teaming with a company called TWFG in September 2010, we have expanded to over 50 carriers to provide clients with the most affordable insurance coverage available. We offer affordable insurance rates, and customer-service focused on knowledgeable insurance agents. We have convenient office hours and flexible appointment scheduling. We welcome your business and the opportunity for us to learn from you.
Give us a call to get a quick quote on life insurance policies today!
Life Insurance - FAQs - Term Life Insurance - Permanent Life Insurance - Lake Charles, LA