Limousines Insurance Coverage

Stay Protected On & Off The Road With & Without Passengers In The Vehicle

Having insurance coverage is a crucial component of running a successful limousine service, whether you’re transporting VIPs, parties, or young people to prom. The purpose of your company is to make guests feel luxurious and enthusiastic to arrive in a limo. We recognize that your company is just as important as any other that requires commercial auto insurance, which is why we have the expertise and carriers to provide you with a competitive quote.

Risks & Coverages Required

A limo typically transports several people, and if an accident occurs, the consequences could be disastrous. For this reason, it’s important to have a reputable insurance company protecting your limo business.

Common coverages on limo policies include:

• Physical Damage Coverage
• Commercial Auto Liability
• Bodily Injury
• Property Damage
• Personal Injury

Common Policy Exclusions Include:

• Acts of terrorism or war
• Tobacco smoke, asbestos or radioactivity-related claims
• Damage while carrying dangerous goods
• Unlawful acts, including a driver being unlicensed or under the influence
• Legal costs for deliberate mistakes
• Damage from computer viruses
• Not locking your vehicle to prevent theft
• Lawful seizure of your vehicle by authorities or debt collectors
• Vehicle deterioration, wear and tear, rust, corrosion, faulty workmanship or failure to maintain it

Save On Limo Insurance

The average cost of limo insurance varies based on a variety of factors. On average, a single limo will range between $5,000 and $10,000 per year, which means the monthly premium ranges from ~ $415-$835 per month.

A good driver with a history of driving experience and few points on his license is hard to come by. Insurance companies look at your driver roster, so hiring a questionable or risky individual sends up an alarm for them- the last thing that any company wants when they’re trying to get approval from their insurer Also, safety should always remain a top priority in business – not only does it protect customers but also makes premiums more affordable if there are fewer accidents which lead to insurers offering better rates. You can also save money by paying the premium in full for the year. Typically, you can expect to save an average of 10-20% when you pay for year up-front.