This post will be about Insurance for Car haulers.
Insurance is especially important in industries involving a fleet of commercial vehicles, as the risk of accidents is relatively high. Before you embark on your journey as a business owner, make sure you get the right car hauler insurance in Florida.
Obey Vehicle License Requirements
First and foremost, make sure you (and your drivers, if you’ll be hiring) have valid commercial driver’s licenses for the State of Florida. If you don’t have one, car hauler insurance rates can be sky high.
Sign Up for the Right Insurance Policy
Once you have your license and your vehicle, it’s time to shop for car hauler insurance in Orlando. This step is vital in protecting your company from liability in the event of an accident. If you crash your car hauler or one of the vehicles you’re transporting otherwise gets damaged, the out-of-pocket costs could be great enough to put your fledgling enterprise out of business. Protect your assets with an insurance policy that fulfills minimum requirements and takes into consideration special coverage you might need.
Fulfill Other Legal Requirements
Tie up your loose ends by officially incorporating your car hauler business, getting your MC and DOT numbers, filing your UCR registration, getting your IFTA, and fulfilling other Orlando, Florida small business requirements. Then your business is ready to hit the road!
How Much Does Car Hauler Coverage Cost? As with any other vehicle insurance, cost will depend on a number of factors. Generally speaking, it’s somewhat expensive to insure these vehicles due to the added liability of multiple cars, heavier weight, and distance traveled. Costs can range from $1000 to $1700 per month.
Forerunner Insurance Group recognizes the unique challenges you as a car carrier owner and operator face. The importance of having proper insurance for your car carrier commercial truck or vehicle fleet cannot be understated. As Florida’s Top Rated Local® commercial insurance provider, we’re here to help tailor an insurance policy that covers you in the event that your business experiences the common and uncommon hazards of car carrier service.