You want to put as much as possible into your business. It’s your livelihood; it’s how you support your family. A Commercial Vehicle policy is a great investment that can help you save money and protect your business.
The following discounts can help you build a great commercial auto policy while lowering the cost and saving more of your hard-earned income. Your policy doesn’t have to be so expensive! Call an Infinity agent today to see if you qualify for these discounts.
Multi-Policy Discounts
This discount could apply if you have a Commercial General Liability (CGL) policy or a Business Owner’s Policy (BOP). You also may be eligible for discounts for your company if you are shopping for both a Commercial Vehicle and a General Liability policy at the same time, although in Florida you must have had the policy for at least six months to be eligible.
Paid-in-Full Discount
You can save money if you pay your complete policy premium up front, rather than making monthly payments. This can often be quite a large discount.
Business Experience Discount
If you have been in business for three or more years, you can qualify to use this discount. This experience can either be under the same company name or just the same occupation for which you have been using your vehicle. Congratulations on your success!
Proof of Prior Insurance Discount
Maybe you are a start-up and don’t qualify for the business experience discount just yet. The Proof of Prior discount allows you to save money if you have had continuous personal auto liability. An existing commercial policy can give you a similar discount. You must have been insured for at least six months with no lapse in coverage, and the discount may depend upon your coverage limits.
Commercial Driver’s License (CDL) Discount
Have a license to drive your commercial vehicles? That can qualify you for a discount, as long as you have had the license for two or more years.
Backup Sensors
Infinity Insurance was the first to offer this discount, and it is exclusively offered in Florida. We saw how dangerous poor vision can be, especially in commercial autos like box trucks. If your vehicle has sensors which beep as you reverse or if you protect yourself and those around you by installing a permanent backup camera, Infinity may offer you a discount.
Foreign Driver’s License
Infinity has no surcharge for your foreign license. Other companies may charge an extra fee, which means you will be saving money with your Infinity policy!
Additional Driver Endorsement
By adding this endorsement, which is unique to Infinity, to your commercial policy, you will no longer have to call us each time you hire a new driver. This can help save you time and money and give you peace of mind knowing that your rates will not fluctuate.
Marital Status
You may be eligible for a discount if you are married.
Other Safety Features
When Infinity pulls the VIN number for your vehicle, any other safety features included on the auto could make you eligible for a discount.
Don’t let the success of your business and the need for commercial vehicles take away from your profits. Cut your costs with these discounts. Call your Infinity agent to find out what is available within your state. Let us take care of your commercial autos, while you take care of your business and your family.
Still need commercial insurance? Get a quote over the phone at 1-800-INFINITY or online.