In their latest online guide, the insurance expert highlights the criteria auto insurance providers use to determine the cost of a policy, including the vehicle’s intended use, and work-related risk factors.
More information is available at https://youtu.be/WMnuVklluH8
Having an auto insurance policy in place is vital for business owners who use their vehicles regularly for work. Insurance Brokers of Arizona’s recently released video explains why the cost of a commercial policy is often much higher than for a personal plan.
The recently released video is part of the company’s constantly updated collection of educational resources concerning auto insurance that helps viewers learn which policies they need, and what to look for when applying for them.
As the video explains, the reasons behind higher policy costs for commercial insurance are the greater risk factors and liability costs auto insurance providers need to take into consideration when drafting plans for clients. Among the factors are also the higher likelihood of claims for property damage and bodily injury for those driving commercial vehicles.
Owners of commercial fleet will also learn how work-specific factors can impact the cost of their auto insurance policy depending on the vehicle’s use. This means that when drafting their quotes, policy providers take into account the number of passengers usually carried in the vehicle, as well as the length and frequency of trips.
If drivers want to learn more about their insurance options, they can visit the company’s YouTube channel to find more videos on the topic, as well as additional resources on other areas of insurance.
As an independent insurance agency based in Gilbert, Arizona, Insurance Brokers of Arizona provides clients with unbiased quotes for a wide range of insurance policies, including both commercial and auto insurance, property insurance, cyber insurance, and business insurance.
A spokesperson for the company said, “We provide world-class customer service with our extremely experienced and knowledgeable team, paired with our ability to understand our customer’s coverage needs, which drives the success of our agency.”
Interested parties can find more information by visiting https://youtu.be/WMnuVklluH8
Insurance Brokers of Arizona
690 E Warner Rd