Protect your cargo with the right Fleet Insurance courtesy of AMC.
Get the Best Fleet Insurance
When you run a business that requires the frequent transportation of cargo, you want to ensure that those items are adequately insured. The same goes for if you actually run a transport or logistics company. How are you going to look after every vehicle of yours out there on the road? While there are plenty of preventative measures you can take for the company itself, sometimes the unexpected can happen – no matter how well you prepare for it.
It’s in these occurrences that insurance is essential to your business’s protection. Whether you just need to insure your cargo, your fleet, or both, AMC Insurance can help you. There are three key areas of coverage worth looking at, which are surety bonds, fleet insurance, and cargo insurance.
As the name states, fleet insurance is all about protecting your company’s fleet, and applies to any business that has a fleet of five or more vehicles. In general, fleet insurance provides much of the cover offered under an automobile insurance policy but is expanded to account for multiple vehicles.
The safer your drivers are, the better it is for your premiums. A safe driving discount applies and is based off the overall record of the fleet. Discounts can be as substantial as 63%. Keep in mind that if you’re a larger logistics or transport company and have more than 19 vehicles in your fleet, you will need to convert to ICBC fleet insurance plan.
No matter the size of your cargo (aka freight) and how it is transported (land, air, sea), cargo insurance is designed to offer you financial protection should your cargo be damaged or stolen while in transit.
This insurance can apply regardless of whether you have your own fleet that moves the cargo or you hire a third-party. Some third-party companies may provide cargo insurance as part of their services, but do not take this is as an absolute. Revise what is and isn’t covered on their end, and determine if you need to take out any additional insurance for your goods.