3 Ways to Get Better Rates on Your Commercial Auto Insurance in Orlando Florida
Every business needs to make money. However, if you have a commercial auto fleet, your insurance cost is probably high. The good news is that there are things you can do to get your rate down.
If you’re tired of paying higher insurance rates, this post will help. Below are three things you can do to bring your prices down.
1. Bundle Your Insurance
You need a lot of insurance policies if you run a business. You can use this to your advantage.
Ask your commercial auto insurance Orlando FL provider about bundling insurance plans together. Most insurance companies will give discounts if you use them for multiple insurance plans.
2. Increase Your Deductible
Are you not very worried about your employees causing accidents on the road? If so, you can ask for a bigger deductible to lower your insurance premium.
Your deductible is what you pay out of pocket before the insurance kicks in. You can save more money in the long run if you aren’t at risk for filing an insurance claim. If you do this, make sure you always have the money set aside to pay the increased deductible amount if an accident does happen.
3. Hire Good Drivers
The drivers on the road are going to impact the insurance rates you’re going to pay. The insurance company will look at their individual driving records when assigning an insurance premium to you.
You can lower your payment by hiring drivers that have solid driving records. These drivers are less risky and will cost less to insure.
Don’t Accept High Insurance Rates
You aren’t at the mercy of your insurance company. Use the tips above to start lowering your monthly insurance payment. If your current provider still doesn’t give you the rate you want, take these changes, and look for a policy from a new provider.