Vehicles are an essential part of many businesses across New Zealand. Perhaps you use your fleet to deliver your goods to waiting customers, or maybe your team drives to different jobs to carry out your services. Regardless of why you have company vehicles, tailored commercial vehicle insurance can financially protect you so you can keep your business afloat.
What Is Commercial Vehicle Insurance?
Just like standard car insurance, this specialised insurance offers individuals financial safety in case of accidents, theft and other incidents. Purchasing, maintaining and replacing cars can be very expensive, and even one accident can hurt your business by taking funds away from your budget.
Incidents like collisions and theft can happen when you least expect them, even if you do everything possible to prevent them. It’s always best to plan for the worst and hope for the best, and vehicle insurance is the perfect way to ensure you are always covered.
What exactly does commercial vehicle insurance cover?
Accidents And Collisions. Vehicle accidents can range from mildly annoying to seriously dangerous, and any kind of accident can cause financial strain on your company. Even minor collisions can damage your vehicle, potentially preventing you from using that vehicle until you pay to get it fixed. Vehicle insurance helps cover repair costs for damage to your vehicle, so you can avoid financial issues from paying for sudden car repairs and the repercussions of suddenly losing a usable vehicle.
Aside from damage to your car, collisions can cause damage to third-party property. Commercial vehicle insurance can also cover these damages.
Third-Party Liability. You may be held liable if you’re at fault for an accident.
Liability coverage provides you with a financial safety net and can also make the process smoother and less stressful for everyone involved. Overall, insurance helps everyone process and move on from the incident.
Fire And Theft. Fires can start quietly and spread shockingly quickly, and even one fire could take a vehicle out of commission. Ensure your vehicles are covered for fire damage so you can replace a damaged vehicle.
Aside from fire, there’s always a chance that your vehicle could be stolen. Insurance also covers theft in case your vehicle cannot be recovered and you need to replace it. Improving your car’s security can potentially reduce your insurance costs, so consider investing in security-improving measures like installing an alarm.
Windscreen And Window Damage. Cracks on your windscreen aren’t just annoying to look at; they’re also dangerous. Check all windows and glass on your vehicle to see if there are any cracks or damage. If you do find any cracks, then your vehicle insurance can cover the cost to repair or replace the compromised windows.
If you notice cracks, especially on your windscreen or mirrors, try to get these surfaces replaced as soon as possible. Cracks can hinder your visibility and make your drives more dangerous. Additionally, cracks can also make your company vehicles appear dishevelled, hurting your reputation.
Working With NZ Insurance Brokers To Get Custom Coverage For Your Company
Every NZ company is unique, so you shouldn’t settle for cookie-cutter solutions – especially when it comes to commercial vehicle insurance. At Baileys Insurance, we work hard to help our clients find coverage that fits specific business needs with adaptable terms that suit individual budgets.
We advocate for you so you get insurance coverage that makes sense for you.
- Access To NZ’s Trusted Insurance Providers. We only work with reliable insurance providers such as Vero Insurance NZ Ltd, Ando Insurance Ltd, NZI and QBE Insurance Ltd.
- Tailoring The Selection Process. Rather than gathering one-size-fits-all policies, we carefully look through your options and hand-pick the ones that we know will work best for your situation. Then, we will review each option and narrow down your choices until you’ve found the coverage that works for you.
- Dedicated Claims Support. We will go over the claims process before you get your coverage, so you’ll know what will happen, and then we can walk you through the process if you ever make a claim. Proper professional support ensures that you file your claim correctly and quickly so you can get back on the road as soon as possible.
- Empowering You With Information. Navigating the insurance application process can be daunting, even if you’ve done this before. We know you want to make the best choice that’ll suit your needs and save money in the long run. So, we’re here to answer any questions and provide you with all of the information you need to make a proper decision.
Staying Covered With Commercial Vehicle Insurance
Visit our page on vehicle insurance to learn more about what we can do for you. Or, if you’re interested in other kinds of insurance, we also handle marine insurance, business insurance, life insurance and more.
We welcome you to call us on 0800-898585 or request a quote by messaging us online.
Protect your investments with Baileys Insurance.
