Is Your Fleet Growing? Time To Update Your Coverage!

Posted on: February 27, 2015 By: Risk Management Blogging Team
Fleet Insurance Brookfield WI

Understanding The Insurance Implications Of A Growing Fleet

If you have a small business that is experiencing growth, you may need to update your commercial auto insurance policy. Once you start conducting more business with more vehicles, you will need to complete a few tasks in your transformation into a fleet insurance policy, including:

  • Since the likelihood of an accident is increased, you may need to increase your physical damage coverage.
  • Likewise, the possibility of an accident occurring is increased, so it is important that you increase your liability coverage limits. Depending on the size of your fleet, it may be worth it to obtain a commercial umbrella policy.
  • With more products traveling, it is important that you protect your products and inventory by increasing your property coverage.
  • It may be worth it to invest in roadside assistance coverage, as this will ensure any broken down vehicles are tended to immediately.
  • Most importantly, remain in consistent contact with your commercial auto insurance carrier, as they will be able to inform you of necessary insurance updates.

Contact Risk Management LLC in Brookfield for all of your Wisconsin fleet insurance needs.

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