Debunking Common Commercial Auto Myths

Like any responsible business owner, you know that a New Mexico Commercial Auto Insurance policy is a must for your fleet. While this coverage is necessary, there are some common misconceptions surrounding this policy. Let us take a closer look at the myths and debunk each in order to ensure you are properly protected.

Myth #1: Bundling is always the best option.

While many companies offer discounts for carrying more than one policy with them, it’s important to do your research before settling on a provider. Research the best rates for your needs in your area and ask about any potential discounts that might apply to you.

Myth #2: All companies offer 24-hour service.

This is a common misconception. While many companies provide 24-hour service and roadside assistance, some do not. Therefore, it’s important to work with a company that offers the services you need to take care of your employees and vehicles while on the road.

Myth #3: I can cancel my insurance policy during the off season to save money.

While you are permitted to do so, you probably won’t be saving as much as you’d hoped. For example, if any of your vehicles are damaged or are victims of theft and vandalism during the off season, your insurance policy wouldn’t cover it, says Quote Pie. Reinstating your policy during peak season might also cause your rates to be increased. Therefore, it is recommended that you keep your policy active year-round.

At Daniels Insurance, Inc., we want to ensure your vehicles are properly protected. Our comprehensive policies can be tailored to meet your specific needs and requirements to provide you with peace of mind. For more information, we invite you to contact us today at (855) 565-7616.