Top 3 Reasons You Need Commercial Insurance

As a business owner, it is important to protect yourself and your investment. After putting your hard work and money into a dream venture, it would be a shame to lose everything. By purchasing an insurance policy, you can feel confident knowing that you and your business will be safe if disaster suddenly strikes.

For businesses in Fort Lauderdale, FL, Coastal Wealth Insurance LLC would be able to help you figure out which policies are absolutely necessary. One type of insurance you may need is a commercial auto policy. 

Here are the Top 3 reasons you might need commercial auto insurance:

  1. You are transporting goods or people in your automobile in exchange for money.
  2. You are conducting a service with your automobile
  3. Your employees are operating an automobile for business purposes

You also may need commercial auto insurance if the ownership of the vehicle is in the name of a corporation or partnership. Another reason you might need commercial auto insurance is if you need higher limits of liability. This could be due to the nature of your work, especially if there is a considerable amount of risk associated with your business.

In addition, you may also need a commercial auto policy if you haul a good amount of weight in tools or equipment. Likewise, if you will be towing a trailer that will be used to conduct business, then you will need commercial auto insurance.

By making sure your business is covered with the right types of insurance, you will be giving yourself peace of mind and the freedom to focus on the business itself.

Contact Coastal Wealth Insurance LLC in Fort Lauderdale, FL

If you are not sure whether or not you need commercial auto insurance, feel free to contact Coastal Wealth Insurance LLC in Fort Lauderdale, FL. The team will be able to give you more details on the type of policy that is right for you based on the specifics of your business.