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When you also have equipment or operate from an office
All Basic plan benefits and:
Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
General Liability insurance protects you and your business from claims involving bodily injury, property damage, personal injuries, advertising mistakes, libel, slander, and other related lawsuits. The insurance covers the cost of defense and legal fees including out-of-court settlements.
A Business Owners Policy combines the protection from common liabilities and property damage into one convenient policy. This insurance is great for small to mid-sized business as it saves a lot compared to buying each policy separately.
Product Liability insurance protects your business when there are claims that the products you've sold or supplied have caused property damage or injury to your customers. This insurance protects your business by paying for any legal or court costs when this happens.
Similar to a personal auto policy, Commercial Auto insurance will help pay to repair the physical damage done to the vehicle you use to drive for business when it is damaged as a result of collisions, weather events, or theft. This insurance has more limits and coverage compared to a personal auto insurance policy.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
This industry consists of establishments that rent passenger cars for a short time. Drivers are not provided.
Whether you're starting a business or you've been in the business for quite some time, you need insurance for your vehicle rental business. There are events that could eventually destroy your business when you don't have enough coverage. These events could be disastrous and what's worse is that you can almost never see them coming. The best way to protect your business is to have a damage control plan in place, and insurance can help with that.
Below are the common risks vehicle rental businesses can face:
A rental vehicle that you own has been stolen and left abandoned in the middle of nowhere. The vehicle is barely usable as the hood has been damaged, the side mirrors stolen, there aren't any tires left, and the seats were stolen.
Your customer is involved in a crash in a vehicle they rented from your business, and they complain that the crash was caused by the vehicle being faulty and that they have suffered injuries as a result. They sue your business and want to reclaim damages.
There is no fixed amount of insurance for a vehicle rental business as it relies on various criteria to get the exact cost. The cost is often dependent upon the size of the business, the number of employees you have, and the coverage required. To find out the cost of insurance for your business, simply apply online and we'll send your free quote in minutes.
You wanted better protection and cheaper pricing. So did we. We baked that dream into everything we've set out to accomplish in building our award winning platform.
We have one! How much could we have really improved the insurance purchase process? Try us! We ask only the questions you need to answer, nothing more.
We are proud to be part of Aon, the leading global professional services firm providing advice and solutions in Risk, Retirement and Health. With us, you’re in good hands!
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