The Importance of Limousine Insurance

As with any vehicle, limousines need to be insured. Limousine business owners can acquire coverage related to the services they offer. These owners can access policies that protect their property, their drivers, and their customers. Many of the companies that offer limousine insurance coverage take into account the various risks transportation businesses have to face.

Types of Accidents

There are three notable kinds of limousine accidents. One kind is sideswipes, which occur when a limo or limo bus hits a stationary object. Another is parked car accidents, which come about when a limo or limo bus strikes a driverless parked car. The last kind is rear ends, which involve a limo or limo bus colliding with the backside of a vehicle because the vehicle stopped too abruptly or because the limo driver was going too fast.

Types of Coverage

Limousine insurance policies include many of the elements found in standard car insurance policies, such as bodily injury liability, property damage liability, collision coverage, comprehensive coverage, uninsured or underinsured motorist coverage, and medical payments. The key difference between limousine-specific policies and basic ones is that they address the needs of customers as well as drivers. Some insurance companies also offer workers’ compensation coverage in their packages.

Transportation businesses can benefit from limousine insurance. All of them should invest in it.