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Step 1
Call insurance companies to get rate quotes. Because a commercial auto insurance plan can be highly specialized, most companies won't be able to give you a quote over the Internet. An internal broker will be able to guide you through the process.
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Step 2
Compile a list of rate quotes from different insurance companies to find the best bargains. You might have to spend some time on the phone, but there's a lot of money to be saved though comparison shopping.
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Step 3
Consider how responsive an insurance company will be in emergencies. While price is an important factor, you'll also need a company that can repair or replace your vehicles as quickly as possible. For extra assurance, you might want to select an insurance company with a claims service that never closes.
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Step 4
Research the customer satisfaction at different insurance companies. In addition to published information and ratings, try asking other business owners in town how happy they are with their insurance providers.
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Step 1
Locate dependable and trusted commercial auto insurance agents in your area. A good way to find a reliable independent agent is from personal referrals in the business community.
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Step 2
Prepare by compiling a list of your insurance needs. You'll need to know the size of your fleet, the makes and models of your vehicles, and supporting information about how they'll be used by your business.
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Step 3
Ask whether the broker is capable of combining offerings from different insurance carriers into a single package. Some brokers can create a highly specialized commercial insurance package by using their access to many different carriers. This is one of the major benefits of using a broker instead of purchasing insurance directly.
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Step 4
Compare the information you receive from the broker with information you've received by contacting insurance companies directly. Weigh the advantages and disadvantages of each before selecting an insurance policy to purchase.
