How much is commercial sports car insurance?
I am doing a project for school and need to know a globe park range of the annual cost of car insurance for a courier service. here's some info:
-2 cars
-6 drivers
-cars will not travel more than 20 miles per trip
-liability control $500,000
-uninsured/underinsured motorist limit $500,000
-General liability coverage: 1,000,000
**these do not have to be exact but the rate you bequeath me is for other limits, just relate me those limits.
I have no thought so any info you have and can back up would be awesome!
THANKS!
Answers:
It would depend on what type of vehicle you had but I'm assuming with a courier service it would probably be discount vans.
Also it would depend on the driving records of your 6 drivers, but with those boundaries for a yearly rate I think somewhere within the order of $1500 - $2000 would seem credible.
Edit...
As I reread your question I noticed that you included a seperate qualification of General Liability coverage. This would customarily be a seperate policy from your auto insurance and would cover things such as your courier drops a heavy box on an elderly man breaking his hip. This would be a General Liability policy and with a $1M control, you can expect that to run another $500 a year or so.
Combined you could probably safely say $2500/yr. Source(s): worked contained by Comm Ins a while ago.
Related Questions:
-2 cars
-6 drivers
-cars will not travel more than 20 miles per trip
-liability control $500,000
-uninsured/underinsured motorist limit $500,000
-General liability coverage: 1,000,000
**these do not have to be exact but the rate you bequeath me is for other limits, just relate me those limits.
I have no thought so any info you have and can back up would be awesome!
THANKS!
Answers:
It would depend on what type of vehicle you had but I'm assuming with a courier service it would probably be discount vans.
Also it would depend on the driving records of your 6 drivers, but with those boundaries for a yearly rate I think somewhere within the order of $1500 - $2000 would seem credible.
Edit...
As I reread your question I noticed that you included a seperate qualification of General Liability coverage. This would customarily be a seperate policy from your auto insurance and would cover things such as your courier drops a heavy box on an elderly man breaking his hip. This would be a General Liability policy and with a $1M control, you can expect that to run another $500 a year or so.
Combined you could probably safely say $2500/yr. Source(s): worked contained by Comm Ins a while ago.
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