Company vehicles are more than just a way to get from point A to point B. For many businesses in Ohio, they are tools that keep operations running smoothly. Whether delivering goods, making service calls, or picking up supplies, having the right auto insurance is necessary.
Still, even savvy business owners can make mistakes when buying coverage. A simple error can lead to denied claims, legal problems, or high out-of-pocket costs.
It’s easy to forget that someone who only drives occasionally should still be listed on your insurance plan. While excluding part-time drivers or temporary employees may seem harmless, it can create problems if an accident happens.
Insurance companies need to know precisely who is behind the wheel. Even one missed name could lead to a claim being denied. Remember to update your policy whenever someone new starts driving for your business.
This mistake happens more often than you might think. A personal auto policy might seem easier or less expensive but does not cover business use. The insurance might not apply if a crash happens during a delivery or work-related trip
A proper commercial auto policy is built for business risks. It protects your drivers, vehicles, and company from unexpected costs that personal insurance won’t handle.
Ohio has state rules for how much auto insurance a business must carry. Some owners stop at those minimum limits, thinking it’s enough. In reality, it often isn’t.
One serious accident can lead to significant costs that go beyond basic coverage. Stronger liability protection can prevent your business from facing large bills or legal trouble. Planning today can help avoid a financial mess later.
Do your team members ever use their cars for work tasks? They could run errands, meet clients, or drop off supplies. If so, you might need extra coverage, known as non-owned auto insurance.
Without it, your business could be left unprotected. The employee’s policy may not cover business-related accidents. Adding this coverage helps fill the gap and keeps your company safer.
A policy that worked last year might not be enough this year. Businesses change. You might add new vehicles, hire more staff, or expand your service area. If your insurance stays the same, it may no longer match your needs.
One of the most common auto insurance mistakes for businesses is failing to review the plan often enough. Set time aside each year to go over the details. Keeping your coverage in line with your business goals can save you trouble.
At T. A. Swain Insurance Group, we work with business owners across Ohio to help them avoid these issues. Our goal is to make commercial auto insurance simple, straightforward, and right for the way you work.
From choosing the right policy to avoiding common auto insurance mistakes for businesses, we’re here to guide you every step of the way. Contact us today at (614) 698-1230, and let us help you stay protected while you focus on growing your business
