Charter bus accidents seem to make headlines at least once or twice a month during the heaviest travel times of the year. As a result, schools and other groups that want to hire buses are demanding that the companies they do business with have good charter bus insurance in place.
While it's important that you have adequate commercial bus insurance, it's also essential that you remain competitive with your charter rates. That means you don't want to pay any more than necessary for your charter bus insurance. The best way for you to get affordable rates on commercial bus insurance is to shop around and compare charter bus insurance policies and premiums.
Liability Insurance: An Essential Coverage for Commercial Bus Insurance
When you're considering the charter bus insurance coverages that you need, chances are that one of the first policies you'll think of is business property insurance. That commercial bus insurance is important since it protects your physical business premises (including your garages and any storage or repair areas), your buses when they're garaged and any other equipment that you use to run your business.
Commercial vehicle liability insurance is another important charter bus insurance coverage, since it's one of the policies that groups looking to charter your buses will insist on seeing. They'll also ask to see proof that your commercial bus insurance policies include general liability insurance. State agencies, local school districts and other organizations may ask that you carry at least $5 million in liability coverages and may also ask that you have some sort of umbrella policy to pay claims if an accident caused damage over that limit.
Workers comp insurance is another essential charter bus insurance policy, since most states require employers to carry it.
Finding the Right Price for Commercial Bus Insurance
When you're ready to do your insurance comparison shopping, point your Web browser to netquote.com—it's faster and easier than calling around to dozens of different agents to find the best insurance rates. Just fill out a single form about your business, click to submit and in a few days you'll get competitive rate quotes from several of the leading insurance companies in your area. Netquote.com can help you get the best rates on required insurances, saving you money and giving your charter bus business that important competitive advantage.
See how much you could save today on your insurance. Get your free business insurance quotes today!