7 Benefits of Commercial Vehicle Insurance in Louisiana - PowerPoint PPT Presentation

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7 Benefits of Commercial Vehicle Insurance in Louisiana

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Auto insurances are designed for both, large and small scale trades, and any vehicle used by the owner/s or the employee/s, must be covered by commercial vehicle insurance to avoid unnecessary mishaps in the future. Hence, discussed here are the major 7 benefits of commercial vehicle insurance in Louisiana. Visit at – PowerPoint PPT presentation

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Title: 7 Benefits of Commercial Vehicle Insurance in Louisiana


1
7 Benefits of Commercial Vehicle Insurance
in Louisiana
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(No Transcript)
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Irrespective of the size and popularity that your
business has, if there is involvement of vehicles
of any sort, it is your prime duty, as a
responsible citizen of Canada, to
avail commercial vehicle insurance in Louisiana. 
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Auto insurances are designed for both, large and
small scale trades, and any vehicle used by the
owner/s or the employee/s, must be covered by
commercial vehicle insurance to avoid unnecessary
mishaps in the future.
5
Hence, discussed here are the major 7 benefits
of commercial vehicle insurance in Louisiana.
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1. Avail Higher Limits
When your business is involved with vehicles,
either you or your employee/s have to drive it,
if not regularly at least frequently. 
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This also means that there will be probabilities
of getting into a wreck. And accidents involving
business vehicles can result in expensive
lawsuits, easily exceeding the limits of a
personal auto insurance.
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This is why, commercial auto insurances come with
higher limits, covering all commercial vehicles.
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2. Business Equipment Protection
When it is a matter of a trade, the vehicle that
is driven might comprise of tools and equipment
related to the type of business you deal with.
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So when you have a commercial vehicle insurance
in Louisiana, these tools will as well get
covered in case of damage during an accident.
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3. Drivers Protection
As a business owner, it is not possible for you
to be at everywhere and at every hour, and
especially when your business starts expanding. 
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So in such time, you will appoint employees to
take over the charges. Similarly for driving your
business vehicles also, you will have drivers.
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By misfortune, if any day, your car meets with an
accident during duty hours, all the damages will
be taken care of by the insurance company. It
will as well bear the expenses of lawsuit and
drivers medical bill.
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4.  Comprehensive and Customizable
Unlike a personal auto insurance, a commercial
vehicle insurance offers more coverage in many
ways property damage, medical payments,
liabilities, cargo coverage and etc. 
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In addition to this, you can customize your
insurance quote to cover other essentials, as per
your requirement.
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5. Tax Benefits
When you have commercial auto insurance, you can
show it as a business expense and avail tax
deduction.
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6. Third Party Liability
When your business vehicle meets with an
accident, it can cause damage or loss of property
to third party/s, including death/s. In such bad
luck as well, your insurance company will protect
you.
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7. Meet the Requirement/s of Fleet Lease
In case your business is about rental car or
trucks, then you need to maintain fleets.
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And if you take it on lease, you have to
show commercial vehicle insurance, so that in
case of any mishaps, proper financial support can
be availed.
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The Original source is here https//insuranceco
mpany871924513.wordpress.com/2021/03/03/7-benefits
-of-commercial-vehicle-insurance-in-louisiana/
21
Bonano Insurance Agency
Phone 1985-893-9393
Website www.bonanoinsurance.com
Address 1109 US-190 BUS, Covington, Louisiana
70433, USA
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