As part of the chauffeured transportation industry, limousine drivers face many risks. As a fleet owner, not only do you have your employees safety and your property to be concerned about, there are also risks involved when it comes to your customers’ safety. At the very least, the two products you should make sure are part of your New York limousine insurance policy are New York General Liability, and New York Business Auto.
With today’s litigious society, it’s impossible to eradicate every risk there is for your limousine business. However, general liability will insure your company for injuries to your employees or other third parties, including your customers. It will also help with legal defense costs should a lawsuit be brought upon you, and can cover any damages that come as a result of your company’s operations. For example, let’s say that in the unfortunate event that one of your drivers get involved in a collision, and is found “at fault”, an injured passenger decides to sue the driver for any medical and/or emotional damages they incurred. Not only will the general liability policy cover your employee, it will cover your business as well.
A New York business auto policy is another key product to include in your New York limousine insurance package. Business auto insurance protects your drivers and your company from any claims made due to physical vehicle damage that resulted from a crash, either to a limo in your fleet or another vehicle that was involved in a collision with your limo.
Overall, it does not matter if you own a small fleet of limos or a large one, or whether your company owns stretch limousines or sedans. Accidents can and do happen, and it’s best to be financially prepared for anything that may come your way.
At Tri-State Insurance Agency, we offer New York Limousine Insurance Coverage for this reason. We understand the importance of the transportation industry to our economy and the exposures those in the various segments face on the roads. Please contact us today for more information about the products we offer and the other industries we serve at (888) 990-0526.