Insights and tips on how to protect your adventure sports business, giving you and your guests peace of mind.
Commercial auto insurance plays an essential role in protecting an organization’s drivers and vehicles, providing coverage for property damage, bodily injuries and liability from road accidents. Yet, this insurance sector has been tough for a decade, with rising rates, limited options and challenging market conditions.
It’s important to protect your drivers and vehicles with adequate insurance coverage. That’s why many organizations turn to commercial auto insurance, which can provide the following benefits:
The drive to and from your adventure destination requires preparation and protection equal to that of the sport your group is participating in. In particular, driving larger vehicles, such as passenger vans or buses, poses unique safety hazards and distractions beyond those faced when driving our standard personal vehicles.
Cost-driving trends have driven claims frequency to pre-pandemic levels, amplifying overall loss severity across the segment. Considering these developments, most insureds should anticipate ongoing premium increases in 2024.
All drivers, whether they’re taking the company vehicle out or simply commuting, should be prepared for anything Mother Nature throws their way. Driving in hazardous winter conditions requires special safety measures to stay safe.
Automobile accidents expose your business to liability risks, legal expenses, increased insurance premiums and elevated workers’ compensation rates. Regardless if your business leases for single usage or owns a fleet of commercial vehicles, adhering to the following guidance could help you reduce auto claims.
Whether you are transporting adventure seekers to and from the river or picking up camping gear from an incredible destination, your business likely relies on your ability to own a commercial vehicle. In 2022, policyholders should prepare for the rough terrain ahead.
Driving with confidence means everything to you as a business owner. At times, your commercial vehicles are transporting large groups of people and essential gear. Their lives and your employees’ lives are in the trust of your vehicles.